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Navios Maritime Midstream Partners

NYSE:NAP
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NAP
NYSE
$53M
Imp Market Cap
  1. Home
  2. US
  3. Energy
Company description

Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The last earnings update was 35 days ago. More info.


Add to Portfolio Compare Print
  • Navios Maritime Midstream Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Navios Maritime Midstream Partners has significant price volatility in the past 3 months.
NAP Share Price and Events
7 Day Returns
2%
NYSE:NAP
-3.1%
US Oil and Gas
-1.9%
US Market
1 Year Returns
-70.5%
NYSE:NAP
-7.3%
US Oil and Gas
-1.5%
US Market
NAP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Navios Maritime Midstream Partners (NAP) 2% -7.1% -15.3% -70.5% -74.8% -
US Oil and Gas -3.1% -5.3% -14.5% -7.3% 7% -26.7%
US Market -1.9% -2.7% -9.9% -1.5% 26.8% 39.3%
1 Year Return vs Industry and Market
  • NAP underperformed the Oil and Gas industry which returned -7.3% over the past year.
  • NAP underperformed the Market in United States of America which returned -1.5% over the past year.
Price Volatility
NAP
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Navios Maritime Midstream Partners's competitors could be found in our database.

Value

 Is Navios Maritime Midstream Partners undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Navios Maritime Midstream Partners to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Navios Maritime Midstream Partners.

NYSE:NAP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 17.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:NAP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.89
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.888 (1 + (1- 33%) (369.4%))
3.084
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (2 * 7.05%)
17.05%

Discounted Cash Flow Calculation for NYSE:NAP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Navios Maritime Midstream Partners is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:NAP DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 63.00 57.00 61.31 65.95 70.94
Source Analyst x1 Analyst x1 Est @ 7.56% Est @ 7.56% Est @ 7.56%
Present Value
Discounted (@ 17.05%)
53.82 41.60 38.23 35.13 32.29
Present value of next 5 years cash flows $201.08
NYSE:NAP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $70.94 × (1 + 2.95%) ÷ (17.05% – 2.95%)
$517.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $517.95 ÷ (1 + 17.05%)5
$235.74
NYSE:NAP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $201.08 + $235.74
$436.82
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $436.82 / 21.37
$20.44
NYSE:NAP Discount to Share Price
Calculation Result
Value per share (USD) From above. $20.44
Current discount Discount to share price of $2.50
= -1 x ($2.50 - $20.44) / $20.44
87.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Navios Maritime Midstream Partners is available for.
Intrinsic value
>50%
Share price is $2.5 vs Future cash flow value of $20.44
Current Discount Checks
For Navios Maritime Midstream Partners to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Navios Maritime Midstream Partners's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Navios Maritime Midstream Partners's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Navios Maritime Midstream Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Navios Maritime Midstream Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:NAP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.75
NYSE:NAP Share Price ** NYSE (2018-12-13) in USD $2.5
United States of America Oil and Gas Industry PE Ratio Median Figure of 89 Publicly-Listed Oil and Gas Companies 12.12x
United States of America Market PE Ratio Median Figure of 3,016 Publicly-Listed Companies 17.19x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Navios Maritime Midstream Partners.

NYSE:NAP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NAP Share Price ÷ EPS (both in USD)

= 2.5 ÷ -0.75

-3.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Navios Maritime Midstream Partners is loss making, we can't compare its value to the US Oil and Gas industry average.
  • Navios Maritime Midstream Partners is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Navios Maritime Midstream Partners's expected growth come at a high price?
Raw Data
NYSE:NAP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
40.7%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 64 Publicly-Listed Oil and Gas Companies 0.4x
United States of America Market PEG Ratio Median Figure of 2,109 Publicly-Listed Companies 1.19x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Navios Maritime Midstream Partners, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Navios Maritime Midstream Partners's assets?
Raw Data
NYSE:NAP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $10.34
NYSE:NAP Share Price * NYSE (2018-12-13) in USD $2.5
United States of America Oil and Gas Industry PB Ratio Median Figure of 193 Publicly-Listed Oil and Gas Companies 1.08x
United States of America Market PB Ratio Median Figure of 5,074 Publicly-Listed Companies 1.74x
NYSE:NAP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NAP Share Price ÷ Book Value per Share (both in USD)

= 2.5 ÷ 10.34

0.24x

* Primary Listing of Navios Maritime Midstream Partners.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Navios Maritime Midstream Partners is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Navios Maritime Midstream Partners's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Navios Maritime Midstream Partners has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Navios Maritime Midstream Partners expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
40.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Navios Maritime Midstream Partners expected to grow at an attractive rate?
  • Navios Maritime Midstream Partners's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
  • Navios Maritime Midstream Partners's earnings growth is expected to exceed the United States of America market average.
  • Navios Maritime Midstream Partners's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:NAP Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:NAP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 40.7%
NYSE:NAP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -12.5%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 7.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:NAP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:NAP Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31
2020-12-31 63 29 2 1
2019-12-31 68 49 2 1
2018-12-31 78 48 11 1
NYSE:NAP Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 86 37 -16
2018-06-30 84 37 -17
2018-03-31 82 39 -19
2017-12-31 83 18 14
2017-09-30 83 25 16
2017-06-30 85 38 18
2017-03-31 89 41 21
2016-12-31 92 50 24
2016-09-30 95 52 27
2016-06-30 95 42 28
2016-03-31 91 40 28
2015-12-31 83 40 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Navios Maritime Midstream Partners's earnings are expected to grow significantly at over 20% yearly.
  • Navios Maritime Midstream Partners's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:NAP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Navios Maritime Midstream Partners Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NAP Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 -0.03 -0.03 -0.03 1.00
2020-12-31 0.08 0.08 0.08 1.00
2019-12-31 0.08 0.08 0.08 1.00
2018-12-31 0.57 0.57 0.57 1.00
NYSE:NAP Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.75
2018-06-30 -0.80
2018-03-31 -0.91
2017-12-31 0.69
2017-09-30 0.77
2017-06-30 0.85
2017-03-31 1.05
2016-12-31 1.20
2016-09-30 1.35
2016-06-30 1.39
2016-03-31 1.39
2015-12-31 1.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Navios Maritime Midstream Partners is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Navios Maritime Midstream Partners's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Navios Maritime Midstream Partners has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Navios Maritime Midstream Partners performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Navios Maritime Midstream Partners's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Navios Maritime Midstream Partners does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Navios Maritime Midstream Partners's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Navios Maritime Midstream Partners's 1-year growth to the US Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Navios Maritime Midstream Partners's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Navios Maritime Midstream Partners Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NAP Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 85.87 -15.78 24.18
2018-06-30 84.01 -16.77 23.82
2018-03-31 81.73 -19.05 23.65
2017-12-31 83.05 14.34 23.64
2017-09-30 83.13 16.06 23.46
2017-06-30 84.60 17.62 23.58
2017-03-31 88.79 21.47 23.67
2016-12-31 91.83 24.40 23.83
2016-09-30 94.89 27.42 23.99
2016-06-30 95.15 28.17 23.89
2016-03-31 90.81 27.69 22.17
2015-12-31 83.36 26.53 20.11
2015-09-30 73.53 21.57 18.20
2015-06-30 67.24 15.44 15.93
2015-03-31 64.58 9.47 15.56
2014-12-31 63.53 2.50 15.46
2014-09-30 63.58 -25.67 15.38
2014-06-30 63.47 -26.99 15.51
2014-03-31 63.54 -27.85 15.50
2013-12-31 63.66 -28.65 15.47
2012-12-31 64.06 -6.37 15.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Navios Maritime Midstream Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Navios Maritime Midstream Partners has efficiently used its assets last year compared to the US Oil and Gas industry average (Return on Assets) as it is loss-making.
  • Navios Maritime Midstream Partners has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Navios Maritime Midstream Partners's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Navios Maritime Midstream Partners has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Navios Maritime Midstream Partners's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Navios Maritime Midstream Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Navios Maritime Midstream Partners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Navios Maritime Midstream Partners's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Navios Maritime Midstream Partners's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Navios Maritime Midstream Partners Company Filings, last reported 2 months ago.

NYSE:NAP Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 220.96 196.01 22.55
2018-06-30 218.75 196.17 21.73
2018-03-31 217.13 196.34 21.47
2017-12-31 255.73 196.51 27.09
2017-09-30 260.46 196.68 30.03
2017-06-30 265.62 196.84 35.78
2017-03-31 272.46 197.01 38.26
2016-12-31 273.12 197.18 52.79
2016-09-30 275.37 197.34 49.23
2016-06-30 275.21 197.50 38.22
2016-03-31 278.07 197.66 38.01
2015-12-31 279.31 197.82 37.83
2015-09-30 278.92 197.98 31.35
2015-06-30 281.23 198.13 34.43
2015-03-31 256.04 121.58 32.73
2014-12-31 253.48 124.09 30.88
2014-09-30 253.25 126.00 20.00
2014-06-30 97.15 341.03 2.55
2014-03-31 84.71 341.03 9.15
2013-12-31 84.71 341.03 9.15
2012-12-31 43.59 356.29 4.78
  • Navios Maritime Midstream Partners's level of debt (88.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (463.1% vs 88.7% today).
  • Debt is not well covered by operating cash flow (18.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Navios Maritime Midstream Partners's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Navios Maritime Midstream Partners has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Navios Maritime Midstream Partners's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
20%
Current annual income from Navios Maritime Midstream Partners dividends. Estimated to be 20% next year.
If you bought $2,000 of Navios Maritime Midstream Partners shares you are expected to receive $400 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Navios Maritime Midstream Partners's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • Navios Maritime Midstream Partners's dividend is above the markets top 25% of dividend payers in United States of America (3.69%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:NAP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 3.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1982 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:NAP Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31 0.50 1.00
2019-12-31 0.50 1.00
2018-12-31 0.50 1.00
NYSE:NAP Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-10-24 0.500 19.093
2018-07-24 0.500 16.408
2018-03-26 0.500 13.081
2018-01-23 1.690 18.279
2017-10-17 1.690 19.111
2017-07-20 1.690 20.686
2017-04-24 1.690 16.110
2017-01-23 1.690 14.951
2016-10-17 1.690 15.518
2016-07-21 1.690 14.689
2016-04-21 1.690 14.100
2016-01-22 1.690 16.964
2015-10-20 1.690 15.227
2015-07-30 1.690 12.625
2015-07-28 1.690 11.158
2015-04-30 1.650 10.081
2015-01-26 1.650 11.343

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Navios Maritime Midstream Partners has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Navios Maritime Midstream Partners has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Navios Maritime Midstream Partners's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.2x coverage).
X
Income/ dividend checks
We assess Navios Maritime Midstream Partners's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Navios Maritime Midstream Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Navios Maritime Midstream Partners has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Navios Maritime Midstream Partners's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Angeliki Frangou
AGE 53
TENURE AS CEO 4.2 years
CEO Bio

Ms. Angeliki N. Frangou has been the Chairman and Chief Executive Officer of Navios Maritime Midstream Partners L.P. since October 2014; Navios Maritime Acquisition Corporation since March 14, 2008. Ms. Frangou has been the Chairman and Chief Executive Officer of Navios Maritime Partners L.P. since August 25, 2007 and Navios Maritime Containers Inc (N-OTC: NMCI), an affiliated corporation since April, 2017. She has been the Chairman and Chief Executive Officer of Navios Maritime Holdings Inc. since August 25, 2005. She has been the Chairman and Chief Executive Officer of Navios Partners since August 2007. She served as the Chairman, Chief Executive Officer and President at International Shipping Enterprises, Inc. (ISE). She served as the Chief Financial Officer and Chief Accounting Officer of Navios Maritime Acquisition Corporation. She served as the President of Navios Maritime Holdings Inc. since October 2001 and served as its Principal Financial Officer and Principal Accounting Officer. Ms. Frangou served as the President of Navios Maritime Acquisition Corporation. She founded Maritime Enterprises Management S.A. and served as its Chief Executive Officer from 1990 to August 2005. From 1990 to October 2001, She served as the Chief Executive Officer of Franser Shipping S.A. She served as an Analyst on the trading floor of Republic National Bank of New York from 1987 to 1989. She has been the Chairman and Director of Navios South American Logistics, Inc. since December 2007. She has been the Chairman of Navios Logistics since its inception in December 2007. She has been the Chairman of IRF European Finance Investments Ltd. since September 15, 2005. Ms. Frangou serves as the Chairman of Compañía Naviera Horamar SA. She served as the Chairman and Director of Proton Bank SA. She has been a Member of ABS Society at American Bureau Of Shipping Inc. since November 2007. She has been a Director of Navios Maritime Acquisition Corporation since March 14, 2008. She has been a Director of Navios Maritime Holdings Inc. since October 2001. She has been a Member of the Board at The Hellenic Mutual War Risks Association (Bermuda) Limited since May 2014. She serves as a Director of Navios Maritime Partners L.P. She serves as a Director of The United Kingdom Mutual Steam Ship Assurance Association (Bermuda) Limited. She served as a Director of Marfin Investment Group Holdings S.A. until March 27, 2015. She served as a Director of Eurobank Ergasias S.A. since September 2012 until June 27, 2013. She served as a Director of Emporiki Bank of Greece from April 2004 to July 2005. She serves as Vice Chairman of China Classification Society Mediterranean Committee, a Member of the International General Committee and the Hellenic and Black Sea Committee of Bureau Veritas, as well as a Member of Greek Committee of Nippon Kaiji Kyokai. Since February 2015, Ms. Frangou has been a Member of the Board of the Union of Greek Shipowners. Since October 2015, Ms. Frangou has been a Member of the Board of Trustees of Fairleigh Dickinson University. Since July 2013, she has been a Member of the Board of Visitors at the Columbia University School of Engineering and Applied Science. Ms. Frangou holds a Bachelor's Degree in Mechanical Engineering from Fairleigh Dickinson University (summa cum laude), a Master's Degree in Mechanical Engineering from Columbia University and a Master's Degree in Business Administration in Finance and International Business from New York University.

CEO Compensation
  • Insufficient data for Angeliki to compare compensation growth.
  • Insufficient data for Angeliki to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Navios Maritime Midstream Partners management team in years:

4.2
Average Tenure
47
Average Age
  • The tenure for the Navios Maritime Midstream Partners management team is about average.
Management Team

Angeliki Frangou

TITLE
Chairman & CEO
AGE
53
TENURE
4.2 yrs

Erifili Tsironi

TITLE
Chief Financial Officer
AGE
43
TENURE
4.2 yrs

Stratos Desypris

TITLE
Senior VP of Business Development & Director
AGE
45
TENURE
4.2 yrs

Villy Papaefthymiou

TITLE
Secretary
AGE
49
TENURE
4.2 yrs
Board of Directors Tenure

Average tenure and age of the Navios Maritime Midstream Partners board of directors in years:

4.2
Average Tenure
55
Average Age
  • The tenure for the Navios Maritime Midstream Partners board of directors is about average.
Board of Directors

Angeliki Frangou

TITLE
Chairman & CEO
AGE
53
TENURE
4.2 yrs

Stratos Desypris

TITLE
Senior VP of Business Development & Director
AGE
45
TENURE
4.2 yrs

Alexander Kalafatides

TITLE
Director
AGE
54
TENURE
4.2 yrs

Vasilios Mouyis

TITLE
Director
AGE
55
TENURE
4.2 yrs

Shunji Sasada

TITLE
Director
AGE
60
TENURE
4.2 yrs

Christos Kokkinis

TITLE
Director
AGE
66
TENURE
4.2 yrs

Stefan Kuch

TITLE
Director
AGE
64
TENURE
4.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Navios Maritime Midstream Partners's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Navios Maritime Midstream Partners has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

Is Navios Maritime Midstream Partners LP's (NYSE:NAP) Balance Sheet Strong Enough To Weather A Storm?

Investors are always looking for growth in small-cap stocks like Navios Maritime Midstream Partners LP (NYSE:NAP), with a market cap of US$81.87m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

Why Navios Maritime Midstream Partners LP. (NYSE:NAP) Could Be A Buy

Let’s take a look at Navios Maritime Midstream Partners’s outlook and value based on the most recent financial data to see if the opportunity still exists. … Great news for investors – Navios Maritime Midstream Partners is still trading at a fairly cheap price. … If you are no longer interested in Navios Maritime Midstream Partners, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Navios Maritime Midstream Partners LP. (NYSE:NAP): Time For A Financial Health Check

At this constant level of debt, the current cash and short-term investment levels stands at US$27.09M for investing into the business. … Moreover, NAP has generated cash from operations of US$18.37M in the last twelve months, resulting in an operating cash to total debt ratio of 9.35%, indicating that NAP’s current level of operating cash is not high enough to cover debt. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: At its current level of cash flow coverage, NAP has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

Navios Maritime Midstream Partners LP. (NYSE:NAP): Does The Earnings Decline Make It An Underperformer?

See our latest analysis for Navios Maritime Midstream Partners Despite a decline, did NAP underperform the long-term trend and the industry? … For Navios Maritime Midstream Partners, its most recent bottom-line (trailing twelve month) is US$14.34M, which, in comparison to last year’s figure, has fallen by a significant -41.22%. … This suggests that, in the recent industry expansion, Navios Maritime Midstream Partners has not been able to leverage it as much as its average peer.What does this mean?

Simply Wall St -

Negative Sentiment Around Navios Maritime Midstream Partners LP. (NYSE:NAP) Is Justified

In addition to this, at its existing earnings level, NAP produces worse returns to shareholders (5.72%) compared to its industry peers (10.62%), which isn't a good sign. … NAP has managed its cash well at a current level of US$27.09M. … Furthermore, comparing NAP's current share price to its peers based on its industry and earnings level, it's undervalued by 139.24%, with a PE ratio of 5x vs.

Simply Wall St -

What Are Analysts Saying About Navios Maritime Midstream Partners LP.'s (NYSE:NAP) Earnings Trajectory?

Below, I've presented key growth figures on how market analysts view Navios Maritime Midstream Partners's earnings growth outlook over the next few years and whether the future looks brighter. … Check out our latest analysis for Navios Maritime Midstream Partners Analysts' expectations for this coming year seems positive, with earnings expanding by a robust 23.37%. … This means that, we can presume Navios Maritime Midstream Partners will chip away at a rate of -44.40% every year for the next few years.

Simply Wall St -

Is Navios Maritime Midstream Partners LP (NYSE:NAP) Undervalued?

Navios Maritime Midstream Partners LP (NYSE:NAP), an energy company based in Monaco, led the NYSE gainers with a relatively large price hike in the past couple of weeks. … Great news for investors – Navios Maritime Midstream Partners is still trading at a fairly cheap price. … If you are no longer interested in Navios Maritime Midstream Partners, you can use our free platform to see my list of over 50 other stocks with a high growth potential.

Simply Wall St -

Is Navios Maritime Midstream Partners LP's (NYSE:NAP) Balance Sheet A Threat To Its Future?

At this constant level of debt, the current cash and short-term investment levels stands at $52.8M , ready to deploy into the business. … On top of this, NAP has produced cash from operations of $49.7M over the same time period, resulting in an operating cash to total debt ratio of 25.23%, signalling that NAP’s debt is appropriately covered by operating cash. … In NAP's case, the ratio of 2.32x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: Although NAP’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

Simply Wall St -

Is It Time To Buy Navios Maritime Midstream Partners LP (NYSE:NAP) Based Off Its PE Ratio?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for NAP Price per share = $9.51 Earnings per share = $0.748 ∴ Price-Earnings Ratio = $9.51 ÷ $0.748 = 12.7x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … Since NAP's P/E of 12.7x is lower than its industry peers (14.8x), it means that investors are paying less than they should for each dollar of NAP's earnings.

Simply Wall St -

Interested In Navios Maritime Midstream Partners LP (NYSE:NAP)? Here's How It's Performing

"For Navios Maritime Midstream Partners, its ", most recent earnings is $15.6M, which compared to the previous year's figure, has fallen by a significant -42.08%. … This means while earnings growth was negative from the prior year, over the longer term, Navios Maritime Midstream Partners's earnings have been growing on average. … This means that, in the recent industry expansion, Navios Maritime Midstream Partners has not been able to leverage it as much as its average peer.What does this mean?

Simply Wall St -

Company Info

Map
Description

Navios Maritime Midstream Partners L.P. owns, operates, and acquires crude oil tankers, refined petroleum product tankers, chemical tankers, and liquefied petroleum gas tankers. The company provides seaborne shipping services through its vessels under long-term employment contracts to international oil companies, refiners, and large vessel operators. As of December 31, 2017, it owned six very large crude carrier vessels. Navios Maritime Midstream Partners GP LLC operates as the general partner of the company. Navios Maritime Midstream Partners L.P. was founded in 2014 and is based in Monaco. Navios Maritime Midstream Partners L.P. is a subsidiary of Navios Maritime Acquisition Corporation.

Details
Name: Navios Maritime Midstream Partners L.P.
NAP
Exchange: NYSE
Founded: 2014
$53,061,094
$51,999,870
21,374,917
Website: http://www.navios-midstream.com
Address: Navios Maritime Midstream Partners L.P.
7 Avenue de Grande Bretagne,
Office 11B2,
Monaco,
98000,
Monaco
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NAP Common Units New York Stock Exchange US USD 13. Nov 2014
DB 5NM Common Units Deutsche Boerse AG DE EUR 13. Nov 2014
LSE 0Q4T Common Units London Stock Exchange GB USD 13. Nov 2014
Number of employees
Current staff
Staff numbers
0
Navios Maritime Midstream Partners employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/14 00:33
End of day share price update: 2018/12/13 00:00
Last estimates confirmation: 2018/11/06
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.