NVGS
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 12.79 | 13.11 | 17.33 | -15.29 |
| Price to Sales | 1.93 | 1.96 | 1.95 | 1.41 |
| Book Value Per Common Share | 17.37 | 16.26 | 15.14 | 14.43 |
| Price to Book | 0.88 | 0.89 | 0.79 | 0.61 |
| Price to Operating Cash Flow | 5.19 | 6.18 | 7.09 | 5.86 |
| Price to Free Cash Flow | 6.46 | -61.44 | 10.93 | 6.08 |
| Enterprise Value to EBITDA | 39395.70 | 40242.82 | 43900.67 | 77125.07 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 30.98 | 45.65 | 34.13 | 49.52 | 61.81 |
| Price to Sales | 6.65 | 7.51 | 6.10 | 7.40 | 7.88 |
| Book Value Per Common Share | 18.63 | 18.11 | 17.73 | 17.37 | 17.10 |
| Price to Book | 0.83 | 0.78 | 0.75 | 0.88 | 0.94 |
| Price to Operating Cash Flow | 20.58 | 24.08 | 14.59 | 23.42 | 23.04 |
| Price to Free Cash Flow | 93.14 | 24.08 | -22.51 | 43.18 | 40.00 |
| Enterprise Value to EBITDA | 120620.00 | 137801.41 | 120734.57 | 167535.79 | 170461.48 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | 8.11 | 60.87 | ||
| Revenue YoY | 2.89 | 16.24 | 16.56 | |
| EBITDA YoY | 2.16 | 26.50 | 135.72 | |
| Net Profit YoY | 4.03 | 53.83 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 61.29 | -20.51 | 25.81 | 19.23 | |
| Revenue YoY | 18.09 | -14.38 | 5.12 | 1.56 | |
| EBITDA YoY | 22.30 | -9.88 | 20.09 | -2.89 | |
| Net Profit YoY | 54.55 | -20.65 | 25.25 | 18.79 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 1.83 | 2.02 | 1.90 | 1.92 |
| Quick Ratio | 0.57 | 1.19 | 1.20 | 0.91 |
| Current Ratio | 0.69 | 1.38 | 1.43 | 1.05 |
| Debt to Equity | 0.75 | 0.79 | 0.79 | 0.93 |
| Long-Term Debt to Equity | 0.49 | 0.64 | 0.65 | 0.75 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 2.51 | 3.46 | 1.31 | 1.88 | 1.70 |
| Quick Ratio | 0.85 | 1.22 | 0.69 | 0.57 | 0.62 |
| Current Ratio | 1.18 | 1.59 | 1.10 | 0.69 | 0.75 |
| Debt to Equity | 0.82 | 0.90 | 0.79 | 0.75 | 0.72 |
| Long-Term Debt to Equity | 0.61 | 0.71 | 0.62 | 0.49 | 0.48 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 3.92 | 3.73 | 2.55 | -1.44 |
| ROE | 6.87 | 6.67 | 4.56 | -2.77 |
| Gross Margin | 32.96 | 30.96 | 18.77 | 23.11 |
| Operating Margin | 24.30 | 24.60 | 17.53 | 0.07 |
| EBITDA Margin | 47.72 | 48.06 | 44.17 | 21.84 |
| Net Profit Margin | 15.10 | 14.94 | 11.29 | -7.62 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 1.44 | 0.90 | 1.19 | 0.99 | 0.86 |
| ROE | 2.62 | 1.71 | 2.13 | 1.73 | 1.47 |
| Gross Margin | 33.15 | 24.86 | 32.72 | 32.11 | 30.61 |
| Operating Margin | 33.47 | 26.22 | 27.86 | 21.48 | 22.70 |
| EBITDA Margin | 54.98 | 53.09 | 50.43 | 44.15 | 46.17 |
| Net Profit Margin | 21.66 | 16.55 | 17.86 | 14.99 | 12.81 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | ||
| Dividend Payout Ratio | 16.66 | 8.92 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividend Payout Ratio | 9.89 | 32.25 | 16.07 | 19.11 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 2,180,629.00 | 2,202,685.00 | 2,096,738.00 | 2,157,425.00 |
| Current Assets | 220,384.00 | 255,372.00 | 228,321.00 | 215,336.00 |
| Cash and Short-Term Investments | 130,455.00 | 149,581.00 | 146,560.00 | 123,886.00 |
| Cash and Cash Equivalents | 130,455.00 | 149,581.00 | 146,560.00 | 123,886.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 52,011.00 | 71,018.00 | 45,427.00 | 61,649.00 |
| Inventory | 13,752.00 | 9,044.00 | 8,548.00 | 13,171.00 |
| Other Current Assets | 24,166.00 | 25,729.00 | 27,786.00 | 16,630.00 |
| Non-Current Assets | 1,960,245.00 | 1,947,313.00 | 1,868,417.00 | 1,942,089.00 |
| Property, Plant, Equipment Net | 1,697,669.00 | 1,757,397.00 | 1,696,317.00 | 1,764,505.00 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 253,729.00 | 174,910.00 | 148,534.00 | 150,209.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 8,847.00 | 15,006.00 | 23,566.00 | 27,375.00 |
| Liabilities | 934,265.00 | 969,611.00 | 923,326.00 | 1,039,971.00 |
| Current Liabilities | 318,773.00 | 185,442.00 | 159,623.00 | 204,335.00 |
| Payables and Expenses | 42,992.00 | 38,584.00 | 37,287.00 | 36,874.00 |
| Account Payables | 13,823.00 | 11,643.00 | 7,773.00 | 11,600.00 |
| Current Accrued Liabilities | 29,169.00 | 26,335.00 | 28,919.00 | 25,050.00 |
| Short-Term Debt | 251,267.00 | 121,241.00 | 99,228.00 | 148,951.00 |
| Other Current Liabilities | 24,514.00 | 25,617.00 | 23,108.00 | 18,510.00 |
| Non-Current Liabilities | 615,492.00 | 784,169.00 | 763,703.00 | 835,636.00 |
| Long-Term Debt | 606,015.00 | 735,811.00 | 711,313.00 | 771,551.00 |
| Other Non-Current Liabilities | 9,477.00 | 48,358.00 | 52,390.00 | 64,085.00 |
| Equity | 1,246,364.00 | 1,233,074.00 | 1,173,412.00 | 1,117,454.00 |
| Shareholders Equity | 1,205,469.00 | 1,190,274.00 | 1,162,494.00 | 1,113,851.00 |
| Capital Stock | 695.00 | 733.00 | 769.00 | 772.00 |
| Share Premium | 800,800.00 | 799,472.00 | 798,188.00 | 797,324.00 |
| Retained Earnings | 404,522.00 | 390,221.00 | 364,000.00 | 316,008.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -548.00 | -152.00 | -463.00 | -253.00 |
| Minority Interest | 40,895.00 | 42,800.00 | 10,918.00 | 3,603.00 |
| Debt | 857,282.00 | 857,052.00 | 810,541.00 | 920,502.00 |
| Net Debt | 472,986.00 | 582,730.00 | 560,721.00 | 647,143.00 |
| Common Shares Outstanding | 69,397.65 | 73,208.59 | 76,804.47 | 77,180.43 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 566,679.00 | 550,737.00 | 473,792.00 | 406,481.00 |
| Cost Of Revenue | 379,903.00 | 380,224.00 | 384,876.00 | 312,535.00 |
| Interest Income | 6,244.00 | 5,707.00 | 1,082.00 | 302.00 |
| Interest Expense | 56,141.00 | 64,915.00 | 48,003.00 | 38,682.00 |
| Non-Interest Expense | 36,580.00 | 31,213.00 | 27,439.00 | 28,881.00 |
| Gross Profit | 186,776.00 | 170,513.00 | 88,916.00 | 93,946.00 |
| Operating Expenses | 43,592.00 | 38,076.00 | 32,975.00 | 33,316.00 |
| Selling, General and Administrative Expenses | 36,580.00 | 31,213.00 | 27,439.00 | 28,881.00 |
| Other Operating Expenses | 7,012.00 | 6,863.00 | 5,536.00 | 4,435.00 |
| Operating Income | 143,184.00 | 132,437.00 | 55,941.00 | 60,630.00 |
| Net Non-Operating Income | -829.00 | -171.00 | -212.00 | 0 |
| EBT | 81,551.00 | 70,590.00 | 35,033.00 | -38,394.00 |
| Income Tax | 4,365.00 | 4,325.00 | 5,949.00 | 1,969.00 |
| Net Income Including Non-Controlling Interests | 94,097.00 | 86,872.00 | 54,878.00 | -29,216.00 |
| Net Income Non-Controlling Interests | -8,526.00 | -4,617.00 | -1,405.00 | -1,748.00 |
| Net Income | 85,571.00 | 82,255.00 | 53,473.00 | -30,964.00 |
| EBIT | 137,692.00 | 135,505.00 | 83,036.00 | 288.00 |
| Deprecation and Amortization | 132,725.00 | 129,202.00 | 126,220.00 | 88,486.00 |
| EBITDA | 270,417.00 | 264,707.00 | 209,256.00 | 88,774.00 |
| EPS | 0.00 | 0.00 | 0.00 | -0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | -0.00 |
| Average Shares Outstanding Basic | 71,149.67 | 74,096.28 | 77,234.83 | 64,669.57 |
| Average Shares Outstanding Diluted | 71,838.03 | 74,607.45 | 77,558.49 | 64,669.57 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 210,523.00 | 174,413.00 | 130,308.00 | 97,941.00 |
| Operating Net Income | 94,097.00 | 86,872.00 | 54,878.00 | -29,216.00 |
| Deprecation and Amortization | 132,725.00 | 129,202.00 | 126,220.00 | 88,486.00 |
| Deferred Income Tax | 3,266.00 | 2,363.00 | 3,842.00 | 0 |
| Share Based Compensation | 1,328.00 | 1,284.00 | 869.00 | 1,373.00 |
| Change in Working Capital | 17,059.00 | -18,029.00 | 12,060.00 | 4,781.00 |
| Other Operating Activities | -37,952.00 | -27,279.00 | -67,561.00 | 32,517.00 |
| Investing Cash Flow | -100,987.00 | -176,481.00 | 29,725.00 | 33,057.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -41,402.00 | -171,240.00 | -7,007.00 | 990.00 |
| Net Purchase/Sale of Investments Net | -1,250.00 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | -89,000.00 | -36,558.00 | 0 | 13,477.00 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -126,013.00 | 7,099.00 | -128,225.00 | -66,094.00 |
| Net Issuance/Repayment of Debt | -51,628.00 | 39,452.00 | -115,459.00 | -66,068.00 |
| Net Issuance/Repurchase of Equity | -57,055.00 | -48,736.00 | -5,485.00 | 0 |
| Dividends Paid | -14,254.00 | -7,334.00 | 0 | 0 |
| Other Financing Activities | -3,076.00 | 23,717.00 | -7,281.00 | -26.00 |
| Net Change in Cash | -16,477.00 | 5,031.00 | 31,808.00 | 64,904.00 |
| Cash at Beginning of Period | 158,242.00 | 153,194.00 | 124,223.00 | 59,271.00 |
| Cash at End of Period | 139,797.00 | 158,242.00 | 153,194.00 | 124,223.00 |
| Free Cash Flow | 169,121.00 | -17,547.00 | 84,539.00 | 94,401.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 2,299,676.00 | 2,381,525.00 | 2,266,338.00 | 2,180,629.00 | 2,124,380.00 |
| Current Assets | 302,275.00 | 373,584.00 | 229,832.00 | 220,384.00 | 214,934.00 |
| Cash and Short-Term Investments | 164,996.00 | 238,140.00 | 91,032.00 | 130,455.00 | 118,282.00 |
| Cash and Cash Equivalents | 164,996.00 | 238,140.00 | 91,032.00 | 130,455.00 | 118,282.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 52,768.00 | 49,038.00 | 52,675.00 | 52,011.00 | 59,359.00 |
| Inventory | 10,318.00 | 14,237.00 | 15,531.00 | 13,752.00 | 11,955.00 |
| Other Current Assets | 74,193.00 | 72,169.00 | 70,594.00 | 24,166.00 | 25,338.00 |
| Non-Current Assets | 1,997,401.00 | 2,007,941.00 | 2,036,506.00 | 1,960,245.00 | 1,909,446.00 |
| Property, Plant, Equipment Net | 1,740,278.00 | 1,744,467.00 | 1,773,966.00 | 1,697,669.00 | 1,701,710.00 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 252,723.00 | 258,521.00 | 256,825.00 | 253,729.00 | 198,782.00 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4,400.00 | 4,953.00 | 5,715.00 | 8,847.00 | 8,954.00 |
| Liabilities | 1,034,279.00 | 1,126,121.00 | 997,499.00 | 934,265.00 | 886,442.00 |
| Current Liabilities | 257,088.00 | 235,105.00 | 208,317.00 | 318,773.00 | 286,443.00 |
| Payables and Expenses | 52,642.00 | 55,311.00 | 56,119.00 | 42,992.00 | 45,026.00 |
| Account Payables | 12,061.00 | 12,582.00 | 13,674.00 | 13,823.00 | 12,098.00 |
| Current Accrued Liabilities | 40,581.00 | 42,729.00 | 42,445.00 | 29,169.00 | 32,395.00 |
| Short-Term Debt | 172,160.00 | 148,878.00 | 125,506.00 | 251,267.00 | 214,271.00 |
| Other Current Liabilities | 32,286.00 | 30,916.00 | 26,692.00 | 24,514.00 | 27,146.00 |
| Non-Current Liabilities | 777,191.00 | 891,016.00 | 789,182.00 | 615,492.00 | 599,999.00 |
| Long-Term Debt | 764,224.00 | 881,220.00 | 780,195.00 | 606,015.00 | 555,258.00 |
| Other Non-Current Liabilities | 12,967.00 | 9,796.00 | 8,987.00 | 9,477.00 | 44,741.00 |
| Equity | 1,265,397.00 | 1,255,404.00 | 1,268,839.00 | 1,246,364.00 | 1,237,938.00 |
| Shareholders Equity | 1,221,060.00 | 1,213,635.00 | 1,227,857.00 | 1,205,469.00 | 1,187,884.00 |
| Capital Stock | 656.00 | 671.00 | 694.00 | 695.00 | 696.00 |
| Share Premium | 802,062.00 | 801,640.00 | 801,152.00 | 800,800.00 | 800,328.00 |
| Retained Earnings | 418,622.00 | 411,246.00 | 426,165.00 | 404,522.00 | 387,504.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | -280.00 | 78.00 | -154.00 | -548.00 | -644.00 |
| Minority Interest | 44,337.00 | 41,769.00 | 40,982.00 | 40,895.00 | 50,054.00 |
| Debt | 936,384.00 | 1,030,098.00 | 905,701.00 | 857,282.00 | 769,529.00 |
| Net Debt | 597,283.00 | 640,793.00 | 686,819.00 | 472,986.00 | 433,899.00 |
| Common Shares Outstanding | 65,537.86 | 67,015.55 | 69,261.60 | 69,397.65 | 69,453.43 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 153,086.00 | 129,635.00 | 151,407.00 | 144,031.00 | 141,817.00 |
| Cost Of Revenue | 102,339.00 | 97,413.00 | 101,861.00 | 97,789.00 | 98,406.00 |
| Interest Income | 1,720.00 | 1,717.00 | 1,121.00 | 1,184.00 | 1,898.00 |
| Interest Expense | 14,913.00 | 15,063.00 | 12,692.00 | 12,381.00 | 14,252.00 |
| Non-Interest Expense | 8,575.00 | 10,264.00 | 8,124.00 | 9,401.00 | 9,379.00 |
| Gross Profit | 50,747.00 | 32,222.00 | 49,546.00 | 46,242.00 | 43,411.00 |
| Operating Expenses | 10,481.00 | 11,800.00 | 5,238.00 | 11,073.00 | 11,224.00 |
| Selling, General and Administrative Expenses | 8,575.00 | 10,264.00 | 8,124.00 | 9,401.00 | 9,379.00 |
| Other Operating Expenses | 1,906.00 | 1,536.00 | -2,886.00 | 1,672.00 | 1,845.00 |
| Operating Income | 40,266.00 | 20,422.00 | 44,308.00 | 35,169.00 | 32,187.00 |
| Net Non-Operating Income | 0 | -257.00 | 0 | 0 | 0 |
| EBT | 36,320.00 | 18,930.00 | 29,484.00 | 18,562.00 | 17,938.00 |
| Income Tax | 3,790.00 | 1,495.00 | -143.00 | 1,324.00 | 674.00 |
| Net Income Including Non-Controlling Interests | 35,803.00 | 22,240.00 | 28,723.00 | 22,858.00 | 19,478.00 |
| Net Income Non-Controlling Interests | -2,648.00 | -787.00 | -1,687.00 | -1,272.00 | -1,306.00 |
| Net Income | 33,155.00 | 21,453.00 | 27,036.00 | 21,586.00 | 18,172.00 |
| EBIT | 51,233.00 | 33,993.00 | 42,176.00 | 30,943.00 | 32,190.00 |
| Deprecation and Amortization | 32,937.00 | 34,827.00 | 34,186.00 | 32,645.00 | 33,290.00 |
| EBITDA | 84,170.00 | 68,820.00 | 76,362.00 | 63,588.00 | 65,480.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 65,752.85 | 68,808.28 | 69,380.26 | 69,426.89 | 69,539.88 |
| Average Shares Outstanding Diluted | 66,446.94 | 69,502.35 | 70,093.46 | 70,170.34 | 70,237.01 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | 49,488.00 | 40,439.00 | 63,305.00 | 45,502.00 | 48,512.00 |
| Operating Net Income | 35,801.00 | 22,241.00 | 28,723.00 | 22,858.00 | 19,478.00 |
| Deprecation and Amortization | 32,937.00 | 34,827.00 | 34,186.00 | 32,645.00 | 33,290.00 |
| Deferred Income Tax | 3,171.00 | 809.00 | -490.00 | 1,938.00 | -65.00 |
| Share Based Compensation | 422.00 | 488.00 | 352.00 | 472.00 | 388.00 |
| Change in Working Capital | -2,137.00 | 4,877.00 | 5,197.00 | 515.00 | 4,036.00 |
| Other Operating Activities | -20,706.00 | -22,803.00 | -4,663.00 | -12,926.00 | -8,615.00 |
| Investing Cash Flow | 1,106.00 | 20,835.00 | -107,557.00 | -67,889.00 | -24,756.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -8,173.00 | 17,453.00 | -104,321.00 | -20,821.00 | -20,581.00 |
| Net Purchase/Sale of Investments Net | 0 | 0 | -1,250.00 | 0 | -1,250.00 |
| Net Purchase/Sale of Business | 0 | 0 | -4,000.00 | -56,995.00 | -8,002.00 |
| Other Investing Activities | 9,279.00 | 3,382.00 | 2,014.00 | 9,927.00 | 5,077.00 |
| Financing Cash Flow | -120,450.00 | 86,290.00 | 44,464.00 | 35,582.00 | -31,238.00 |
| Net Issuance/Repayment of Debt | -94,181.00 | 129,603.00 | 48,256.00 | 41,751.00 | -23,921.00 |
| Net Issuance/Repurchase of Equity | -22,538.00 | -32,917.00 | -1,931.00 | -1,100.00 | -2,368.00 |
| Dividends Paid | -3,278.00 | -6,918.00 | 0 | -3,469.00 | -3,473.00 |
| Other Financing Activities | -453.00 | -3,478.00 | -1,861.00 | -1,600.00 | -1,476.00 |
| Net Change in Cash | -69,856.00 | 147,564.00 | 212.00 | 13,195.00 | -7,482.00 |
| Cash at Beginning of Period | 287,429.00 | 139,018.00 | 139,797.00 | 127,691.00 | 138,456.00 |
| Cash at End of Period | 216,597.00 | 287,429.00 | 139,018.00 | 139,797.00 | 127,691.00 |
| Free Cash Flow | 10,935.00 | 40,438.00 | -41,016.00 | 24,681.00 | 27,931.00 |