Euronav (CMBT) versus Its Competitors Critical Analysis

Institutional & Insider Ownership

47.1% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 17.3% of shares of all “Deep sea foreign transportation of freight” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Risk and Volatility

Euronav has a beta of -0.07, meaning that its share price is 107% less volatile than the S&P 500. Comparatively, Euronav’s competitors have a beta of 0.80, meaning that their average share price is 20% less volatile than the S&P 500.

Profitability

This table compares Euronav and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Euronav	112.38%	22.35%	11.43%
Euronav Competitors	31.77%	15.77%	8.32%

Valuation & Earnings

This table compares Euronav and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.22
Euronav Competitors	$674.22 million	$120.80 million	5.91

Euronav has higher revenue and earnings than its competitors. Euronav is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Euronav pays an annual dividend of $0.75 per share and has a dividend yield of 5.6%. Euronav pays out 12.5% of its earnings in the form of a dividend. As a group, “Deep sea foreign transportation of freight” companies pay a dividend yield of 5.7% and pay out 32.0% of their earnings in the form of a dividend.

Summary

Euronav beats its competitors on 6 of the 11 factors compared.

Euronav Company Profile

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.