Navios Maritime Acquisition Corporation Common stock (NNA) Company Bio
Navios Maritime Acquisition Corporation provides marine transportation services worldwide. The company owns a fleet of crude oil, refined petroleum product, and chemical tankers. The company was founded in 2008 and is based in Monte Carlo, Monaco.
NNA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NNA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Navios Maritime Acquisition CORP ranked in the 31th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Navios Maritime Acquisition CORP, consider:
The company's balance sheet shows it gets 6% of its capital from equity, and 94% of its capital from debt. Its equity weight surpasses that of merely 7.27% of free cash flow generating stocks in the Energy sector.
Its compound free cash flow growth rate, as measured over the past 4.82 years, is -0.13% -- higher than only 14.61% of stocks in our DCF forecasting set.
Navios Maritime Acquisition CORP's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.28. This coverage rate is greater than that of only 23% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NNA, try DWSN, PBR, SDPI, FLMN, and TGA.
Moody's Investors Service, ("Moody's") today has placed on review for downgrade the B3 corporate family rating (CFR) of Navios Maritime Acquisition Corporation ("Navios Acquisition," "NNA"), its probability of default rating of B3-PD and the B3 rating on its $670 million senior secured 1st lien notes due 2021 and co-issued with Navios Acquisition Finance (US) Inc.The outlook for Navios Acquisition has been changed to Ratings Under Review (RuR) from Negative (Neg). Today's action reflects primarily over $120 million of near-term secured bank debt maturities due 2020 (including $32.5 million due in June 2020) that Navios Acquisition needs to address.
Shares of Navios Maritime Partners (NYSE:NMM) rose 0.4% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 3400.00% over the past year to ($0.35), which missed the estimate of $0.76.Revenue of $46,490,000 fell by 0.70% from the same period last year, which missed the estimate of $54,020,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: May 13, 2020View more earnings on NMMTime: 06:54 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg30.jsp&referrer=http%3A%2F%2Fnavios-mlp.irwebpage.com%2Fevents.html&eventid=2316414&sessionid=1&key=702807D3F9B5EB78311F8A2E5A39A8AB®Tag=&sourcepage=registe...