Euronav NV
F:OCW

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Euronav NV
F:OCW
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Price: 7.92 EUR -0.38% Market Closed
Market Cap: 1.5B EUR

Relative Value

The Relative Value of one OCW stock under the Base Case scenario is 10.06 EUR. Compared to the current market price of 7.92 EUR, Euronav NV is Undervalued by 21%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

OCW Relative Value
Base Case
10.06 EUR
Undervaluation 21%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
34
vs Industry
50
Median 3Y
1.2
Median 5Y
1.2
Industry
1.2
Forward
2.2
vs History
39
vs Industry
47
Median 3Y
1.4
Median 5Y
1.4
Industry
9.9
Forward
6.7
vs History
39
vs Industry
44
Median 3Y
2.7
Median 5Y
2.4
Industry
4.6
vs History
vs Industry
22
Median 3Y
-6.1
Median 5Y
-5.7
Industry
9.7
vs History
0
vs Industry
42
Median 3Y
0.9
Median 5Y
0.7
Industry
1.1
vs History
53
vs Industry
49
Median 3Y
1.9
Median 5Y
1.8
Industry
1.8
Forward
2.9
vs History
53
vs Industry
62
Median 3Y
2.8
Median 5Y
2.6
Industry
4.4
vs History
44
vs Industry
46
Median 3Y
2.7
Median 5Y
2.7
Industry
5.8
Forward
5
vs History
39
vs Industry
44
Median 3Y
3.3
Median 5Y
3.3
Industry
8.2
Forward
5.2
vs History
44
vs Industry
45
Median 3Y
3.2
Median 5Y
3.2
Industry
6.2
vs History
19
vs Industry
35
Median 3Y
5.1
Median 5Y
4.9
Industry
10.6
vs History
6
vs Industry
40
Median 3Y
0.9
Median 5Y
0.8
Industry
0.9

Multiples Across Competitors

OCW Competitors Multiples
Euronav NV Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BE
Euronav NV
F:OCW
1.9B EUR 1.2 1.4 2.7 3.4
CA
Enbridge Inc
TSX:ENB
139.9B CAD 2.6 27.7 15.5 23.7
US
Williams Companies Inc
NYSE:WMB
72.7B USD 6.9 32.7 17.6 29.3
US
Enterprise Products Partners LP
NYSE:EPD
67.8B USD 1.2 11.6 10.4 14
US
Energy Transfer LP
NYSE:ET
60.2B USD 0.7 13.7 8.4 13
US
Kinder Morgan Inc
NYSE:KMI
59.7B USD 3.9 23.2 13.4 20.8
US
MPLX LP
NYSE:MPLX
53.4B USD 4.5 12.5 10.8 13.5
US
Cheniere Energy Inc
NYSE:LNG
52B USD 3.3 16 9.9 11.8
CA
TC Energy Corp
TSX:TRP
71.3B CAD 5.2 15.5 14.7 21.8
US
ONEOK Inc
NYSE:OKE
50.3B USD 2.3 16.6 13 15.9
US
Targa Resources Corp
NYSE:TRGP
38.5B USD 2.4 30.4 12.7 19.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BE
Euronav NV
F:OCW
Average EV/EBITDA: 11.8
2.7
2%
1.4
CA
Enbridge Inc
TSX:ENB
15.5
14%
1.1
US
Williams Companies Inc
NYSE:WMB
17.6
17%
1
US
Enterprise Products Partners LP
NYSE:EPD
10.4
7%
1.5
US
Energy Transfer LP
NYSE:ET
8.4
9%
0.9
US
Kinder Morgan Inc
NYSE:KMI
13.4
11%
1.2
US
MPLX LP
NYSE:MPLX
10.8
7%
1.5
US
Cheniere Energy Inc
NYSE:LNG
9.9
0%
N/A
CA
TC Energy Corp
TSX:TRP
14.7
13%
1.1
US
ONEOK Inc
NYSE:OKE
13
15%
0.9
US
Targa Resources Corp
NYSE:TRGP
12.7
13%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BE
Euronav NV
F:OCW
Average EV/EBIT: 17
3.4
-1%
N/A
CA
Enbridge Inc
TSX:ENB
23.7
11%
2.2
US
Williams Companies Inc
NYSE:WMB
29.3
15%
2
US
Enterprise Products Partners LP
NYSE:EPD
14
7%
2
US
Energy Transfer LP
NYSE:ET
13
9%
1.4
US
Kinder Morgan Inc
NYSE:KMI
20.8
13%
1.6
US
MPLX LP
NYSE:MPLX
13.5
6%
2.2
US
Cheniere Energy Inc
NYSE:LNG
11.8
0%
N/A
CA
TC Energy Corp
TSX:TRP
21.8
16%
1.4
US
ONEOK Inc
NYSE:OKE
15.9
14%
1.1
US
Targa Resources Corp
NYSE:TRGP
19.5
16%
1.2