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NRT

North European Oil Royalty TrustNYSE:NRT Stock Report

Last Price

US$10.49

Market Cap

US$96.4m

7D

-7.0%

1Y

163.6%

Updated

23 Jan, 2022

Data

Company Financials
NRT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

NRT Stock Overview

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany.

Price History & Performance

Summary of all time highs, changes and price drops for North European Oil Royalty Trust
Historical stock prices
Current Share PriceUS$10.49
52 Week HighUS$12.00
52 Week LowUS$3.74
Beta1.19
1 Month Change2.66%
3 Month Change1.37%
1 Year Change163.62%
3 Year Change72.57%
5 Year Change52.06%
Change since IPO-37.82%

Recent News & Updates

Nov 04
North European Oil Royalty Trust (NYSE:NRT) Will Pay A Larger Dividend Than Last Year At US$0.14

North European Oil Royalty Trust (NYSE:NRT) Will Pay A Larger Dividend Than Last Year At US$0.14

North European Oil Royalty Trust's ( NYSE:NRT ) dividend will be increasing to US$0.14 on 24th of November. The...

Shareholder Returns

NRTUS Oil and GasUS Market
7D-7.0%-3.9%-6.1%
1Y163.6%46.2%4.2%

Return vs Industry: NRT exceeded the US Oil and Gas industry which returned 46.2% over the past year.

Return vs Market: NRT exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is NRT's price volatile compared to industry and market?
NRT volatility
NRT Average Weekly Movement9.6%
Oil and Gas Industry Average Movement7.3%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: NRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: NRT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2John Van Kirkhttps://www.neort.com

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in various concessions or leases in the Federal Republic of Germany. The company has rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. It holds royalties for the sale of gas well gas, oil well gas, crude oil, condensate, and sulfur.

North European Oil Royalty Trust Fundamentals Summary

How do North European Oil Royalty Trust's earnings and revenue compare to its market cap?
NRT fundamental statistics
Market CapUS$96.43m
Earnings (TTM)US$3.98m
Revenue (TTM)US$4.60m

24.2x

P/E Ratio

20.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NRT income statement (TTM)
RevenueUS$4.60m
Cost of RevenueUS$0
Gross ProfitUS$4.60m
ExpensesUS$626.49k
EarningsUS$3.98m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.43
Gross Margin100.00%
Net Profit Margin86.39%
Debt/Equity Ratio0.0%

How did NRT perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

109%

Payout Ratio

Valuation

Is North European Oil Royalty Trust undervalued compared to its fair value and its price relative to the market?

24.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NRT ($10.49) is trading above our estimate of fair value ($6.19)

Significantly Below Fair Value: NRT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NRT is poor value based on its PE Ratio (24.2x) compared to the US Oil and Gas industry average (16.8x).

PE vs Market: NRT is poor value based on its PE Ratio (24.2x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NRT's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NRT is overvalued based on its PB Ratio (785.9x) compared to the US Oil and Gas industry average (2.1x).


Future Growth

How is North European Oil Royalty Trust forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as North European Oil Royalty Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has North European Oil Royalty Trust performed over the past 5 years?

-12.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NRT has high quality earnings.

Growing Profit Margin: NRT's current net profit margins (86.4%) are higher than last year (81.1%).


Past Earnings Growth Analysis

Earnings Trend: NRT's earnings have declined by 12.7% per year over the past 5 years.

Accelerating Growth: NRT's earnings growth over the past year (21%) exceeds its 5-year average (-12.7% per year).

Earnings vs Industry: NRT earnings growth over the past year (21%) exceeded the Oil and Gas industry 17.4%.


Return on Equity

High ROE: NRT's Return on Equity (3239.4%) is considered outstanding.


Financial Health

How is North European Oil Royalty Trust's financial position?


Financial Position Analysis

Short Term Liabilities: NRT's short term assets ($1.4M) exceed its short term liabilities ($1.3M).

Long Term Liabilities: NRT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NRT is debt free.

Reducing Debt: NRT has not had any debt for past 5 years.

Debt Coverage: NRT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NRT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is North European Oil Royalty Trust current dividend yield, its reliability and sustainability?

4.48%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NRT's dividend (4.48%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: NRT's dividend (4.48%) is in the top 25% of dividend payers in the US market (3.61%)


Stability and Growth of Payments

Stable Dividend: NRT's dividend payments have been volatile in the past 10 years.

Growing Dividend: NRT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (108.6%), NRT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.3yrs

Average board tenure


CEO

John Van Kirk (69 yo)

15.17yrs

Tenure

US$135,960

Compensation

Mr. John R. Van Kirk has been the Managing Director and Chief Executive Officer of North European Oil Royalty Trust since November 1990 and November 1, 2006 respectively and serves as its Chief Financial O...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD135.96K) is below average for companies of similar size in the US market ($USD584.85K).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: NRT's board of directors are seasoned and experienced ( 15.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NRT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

North European Oil Royalty Trust's employee growth, exchange listings and data sources


Key Information

  • Name: North European Oil Royalty Trust
  • Ticker: NRT
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: US$96.428m
  • Shares outstanding: 9.19m
  • Website: https://www.neort.com

Number of Employees


Location

  • North European Oil Royalty Trust
  • 5 North Lincoln Street
  • Keene
  • New Hampshire
  • 3431
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:18
End of Day Share Price2022/01/21 00:00
Earnings2021/10/31
Annual Earnings2021/10/31


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.