Contrasting Euronav (CMBT) & Its Peers

Euronav (NYSE:CMBT) is one of 53 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it compare to its competitors? We will compare Euronav to related businesses based on the strength of its institutional ownership, profitability, earnings, dividends, valuation, risk and analyst recommendations.

Risk & Volatility

Euronav has a beta of -0.08, meaning that its share price is 108% less volatile than the S&P 500. Comparatively, Euronav’s competitors have a beta of 0.83, meaning that their average share price is 17% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and price targets for Euronav and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Euronav	0	0	0	0	N/A
Euronav Competitors	257	1491	1773	82	2.47

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 29.40%. Given Euronav’s competitors higher probable upside, analysts clearly believe Euronav has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Euronav and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Euronav	$1.04 billion	$858.03 million	2.71
Euronav Competitors	$805.07 million	$125.08 million	11.63

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 4.6%. 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 5.9% and pay out 37.7% of their earnings in the form of a dividend.

Insider and Institutional Ownership

46.8% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 14.3% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

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	31.84%	16.33%	8.42%

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.