Price to trailing twelve month operating cash flow for NMM is currently 2.2, higher than merely 8.97% of US stocks with positive operating cash flow.
In terms of twelve month growth in earnings before interest and taxes, Navios Maritime Partners LP is reporting a growth rate of -122.96%; that's higher than only 15.79% of US stocks.
Navios Maritime Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 51.39%, greater than the shareholder yield of 95.65% of stocks in our set.
Stocks that are quantitatively similar to NMM, based on their financial statements, market capitalization, and price volatility, are SATS, MIC, OMAB, RLGY, and LILA.
NMM's SEC filings can be seen here. And to visit Navios Maritime Partners LP's official web site, go to www.navios-mlp.com.
Navios Maritime Partners LP Common Limited Partner Interests (NMM) Company Bio
Navios Maritime Partners LP provides seaborne transportation services for a range of drybulk commodities that include iron ore, coal, grain, and fertilizers, as well as charters its vessels under medium to long-term charters. The company was founded in 2007 and is based in Monte Carlo, Monaco.
NMM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NMM, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Navios Maritime Partners LP ranked in the 57th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 25.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for NMM, they are:
Interest coverage, a measure of earnings relative to interest payments, is -0.37 -- which is good for besting only 21.11% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
24% of the company's capital comes from equity, which is greater than merely 6.57% of stocks in our cash flow based forecasting set.
Navios Maritime Partners LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SHYF, LDL, PFMT, CMRE, and DXPE can be thought of as valuation peers to NMM, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.