Professional
Added to YB: 2025-07-14
Pitch date: 2025-06-13
NVGS [bullish]
Navigator Holdings Ltd.
+21.64%
current return
Author Info
No bio for this author
Company Info
Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. It engages in the international and regional seaborne transportation of petrochemical gases, liquefied petroleum gases, and ammonia for energy companies, industrial users, and commodity traders.
Market Cap
$1.2B
Pitch Price
$14.38
Price Target
31.00 (+77%)
Dividend
1.59%
EV/EBITDA
7.36
P/E
11.78
EV/Sales
3.41
Sector
Oil, Gas and Consumable Fuels
Category
value
Sharmos Capital Partners: Navigator Holdings Ltd.
NVGS: $989M mkt cap shipping co w/ 59 LPG/chemical vessels at 0.8x P/B. $27/share vessel NAV + $4/share Morgans Point JV vs $14 price. Strong positioning in US-Asia ethane/ethylene export. Low orderbook, 22% fleet >20yrs old. $764M net debt (36% LTV), no maturities til 2026. Von Appen family owns 30%.