NYSE:NM

Stock Analysis Report

Navios Maritime Holdings

Executive Summary

Navios Maritime Holdings Inc. operates as a seaborne shipping and logistics company in North America, Europe, Asia, South America, and internationally.


Snowflake Analysis

Fair value with imperfect balance sheet.


Similar Companies

Share Price & News

How has Navios Maritime Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-16.2%

NM

-5.1%

US Shipping

-4.2%

US Market


1 Year Return

56.1%

NM

-4.4%

US Shipping

14.0%

US Market

Return vs Industry: NM exceeded the US Shipping industry which returned -0.9% over the past year.

Return vs Market: NM exceeded the US Market which returned 17.8% over the past year.


Shareholder returns

NMIndustryMarket
7 Day-16.2%-5.1%-4.2%
30 Day-16.2%-12.6%-1.8%
90 Day-37.2%-15.6%2.6%
1 Year56.1%56.1%-2.5%-4.4%16.3%14.0%
3 Year-82.2%-82.2%-7.8%-12.6%43.2%34.0%
5 Year-93.0%-93.3%-52.0%-57.2%65.9%47.6%

Price Volatility Vs. Market

How volatile is Navios Maritime Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Navios Maritime Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NM ($3.33) is trading below our estimate of fair value ($19.31)

Significantly Below Fair Value: NM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NM is unprofitable, so we can't compare its PE Ratio to the Shipping industry average.

PE vs Market: NM is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NM is good value based on its PB Ratio (0.3x) compared to the US Shipping industry average (0.4x).


Next Steps

Future Growth

How is Navios Maritime Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.7%

Forecasted Transportation 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 Navios Maritime Holdings 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.


Next Steps

Past Performance

How has Navios Maritime Holdings performed over the past 5 years?

-13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NM is currently unprofitable.

Growing Profit Margin: NM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NM is unprofitable, and losses have increased over the past 5 years at a rate of -13.2% per year.

Accelerating Growth: Unable to compare NM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NM is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (23.1%).


Return on Equity

High ROE: NM has a negative Return on Equity (-113.4%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Navios Maritime Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: NM's short term assets ($333.3M) exceed its short term liabilities ($196.4M).

Long Term Liabilities: NM's short term assets ($333.3M) do not cover its long term liabilities ($1.8B).


Debt to Equity History and Analysis

Debt Level: NM's debt to equity ratio (981.7%) is considered high.

Reducing Debt: NM's debt to equity ratio has increased from 127.4% to 981.7% over the past 5 years.


Balance Sheet

Inventory Level: NM has a high level of physical assets or inventory.

Debt Coverage by Assets: NM's debt is not covered by short term assets (assets are 0.2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NM has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if NM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%3.8%industryaverage4.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate NM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NM is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

10.1yrs

Average management tenure


CEO

Angeliki N. Frangou (54yo)

14.5yrs

Tenure

0

Ms. Angeliki N. Frangou serves as Chairman of the Board of Directors and Chief Executive Officer of Navios Maritime Containers GP LLC at Navios Maritime Containers L.P. Ms. Frangou has been the Chairman an ...


Leadership Team

NamePositionTenureCompensationOwnership
Angeliki N. Frangou
Chairman & CEO14.5yrsno data29.32% $11.1m
Georgios Achniotis
Chief Financial Officer12.8yrsno datano data
Jeremy Bryan
Chief Operating Officer1.1yrsno datano data
Vasiliki Papaefthymiou
Executive VP of Legal18.3yrsno datano data
Laura Kowalcyk
Vice President of Corporate Communications0yrsno datano data
Ted Petrone
Vice Chairman of Navios Corporation5.1yrsno datano data
Anna Kalathakis
Chief Legal Risk Officer14.2yrsno datano data
Leonidas Korres
Senior Vice President of Business Development10.1yrsno datano data
Ioannis Karyotis
Senior Vice President of Strategic Planning9yrsno datano data
Erifili Tsironi
Senior Vice President of Credit Management5.3yrsno datano data

10.1yrs

Average Tenure

49.5yo

Average Age

Experienced Management: NM's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Angeliki N. Frangou
Chairman & CEO14.5yrsno data29.32% $11.1m
Vasiliki Papaefthymiou
Executive VP of Legal18.3yrsno datano data
John Stratakis
Independent Director18.5yrsno datano data
Spyridon Magoulas
Independent Director14.5yrsno datano data
Shunji Sasada
Director5.1yrsno datano data
Efstathios Loizos
Director9.6yrsno datano data
George Malanga
Independent Director9.8yrsno datano data

14.5yrs

Average Tenure

57yo

Average Age

Experienced Board: NM's board of directors are seasoned and experienced ( 14.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.


Top Shareholders

Company Information

Navios Maritime Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Navios Maritime Holdings Inc.
  • Ticker: NM
  • Exchange: NYSE
  • Founded:
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: US$37.910m
  • Shares outstanding: 12.64m
  • Website: https://www.navios.com

Number of Employees


Location

  • Navios Maritime Holdings Inc.
  • 7 Avenue de Grande Bretagne
  • Office 11B2
  • Monte Carlo
  • 98000
  • Monaco

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NMNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 2005
3NTADB (Deutsche Boerse AG)YesCommon StockDEEURJan 2005
NM.PRGNYSE (New York Stock Exchange)SPN ADR RP PFD GUSUSDJan 2014
NM.PRHNYSE (New York Stock Exchange)SPON ADR PFD HUSUSDJul 2014

Biography

Navios Maritime Holdings Inc. operates as a seaborne shipping and logistics company in North America, Europe, Asia, South America, and internationally. The company focuses on the transportation and transshipment of dry bulk commodities, including iron ores, coal, and grains. It operates through three segments: Dry Bulk Vessel Operations, Logistics Business, and Containers Business. The Dry Bulk Vessel Operations segment engages in the transportation and handling of bulk cargoes through the ownership, operation, and trading of vessels and freight. This segment charters its vessels to trading houses, producers, and government-owned entities. The Logistics Business segment operates ports and transfer station terminals, as well as upriver transport facilities in the Hidrovia region; and handles vessels, barges, and push boats. This segment provides its integrated transportation, storage, and related services through its port facilities, fleet of dry and liquid cargo barges, and product tankers to mineral and grain commodity providers, as well as to users of refined petroleum products. The Containers Business segment operates in the containership sector. The company’s fleet consists of 61 vessels totaling 6.4 million deadweight tons. Navios Maritime Holdings Inc. is based in Monte Carlo, Monaco. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 01:10
End of Day Share Price2020/02/24 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.