Tsakos Energy Navigation Limited
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
16.474.297.1345.29-2.33-7.30-5.87-0.742.312.183.12-2.33
Price/Sales ratio
1.101.150.820.650.430.640.230.260.550.730.640.43
Price/Book Value ratio
0.470.480.280.230.150.260.110.110.320.400.310.15
Price/Cash Flow ratio
5.162.892.332.013.132.090.732.671.641.671.522.09
Price/Free Cash Flow ratio
-3.7440.23-0.98-2.814.094.718.77-17.52-10.567.051.524.71
Price/Earnings Growth ratio
-0.100.01-0.11-0.520.000.150.10-0.00-0.010.040.500.00
Dividend Yield
3.88%4.91%10.13%11.56%19.18%12.74%30.99%25.52%9.23%9.43%3.31%12.74%
Profitability Indicator Ratios
Gross Profit Margin
24.03%35.35%23.95%19.38%12.30%23.62%24.98%0.26%33.31%41.66%37.62%12.30%
Operating Profit Margin
15.17%32.00%18.64%11.99%-5.31%14.37%15.01%-5.67%29.79%37.91%33.59%-5.31%
Pretax Profit Margin
6.72%26.95%11.72%1.73%-19.06%2.34%4.22%-27.57%24.22%34.29%21.93%-19.06%
Net Profit Margin
6.69%26.92%11.57%1.43%-18.72%-8.87%-3.98%-34.75%23.73%33.74%20.59%-18.72%
Effective Tax Rate
93.24%18.28%70.94%706.96%0.94%478.43%194.22%-26.04%-2.26%1.60%25.51%0.94%
Return on Assets
1.24%5.45%1.70%0.22%-3.09%-1.68%-0.82%-6.55%6.17%8.92%4.87%-3.09%
Return On Equity
2.87%11.27%3.96%0.50%-6.63%-3.65%-1.89%-15.29%13.87%18.54%10.58%-6.63%
Return on Capital Employed
3.20%7.52%3.11%2.09%-0.95%3.06%3.54%-1.20%8.72%11.09%7.95%-0.95%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
0.831.080.860.851.161.080.780.651.311.50N/A1.08
Cash ratio
0.610.720.470.550.800.520.420.350.821.16N/A0.52
Days of Sales Outstanding
32.0130.8234.0728.6738.7636.9326.0938.7436.9421.33N/A36.93
Days of Inventory outstanding
15.2813.8418.6813.9416.0110.4216.4715.3516.6715.83N/A10.42
Operating Cycle
47.3044.6652.7642.6154.7747.3542.5754.1053.6237.16N/A47.35
Days of Payables Outstanding
31.6931.9552.3140.1429.4829.2841.7650.2030.6328.27N/A29.28
Cash Conversion Cycle
15.6012.700.442.4725.2918.070.803.9022.988.88N/A18.07
Debt Ratios
Debt Ratio
0.520.480.530.510.490.480.480.480.490.470.470.48
Debt Equity Ratio
1.210.991.241.171.061.061.121.131.100.970.981.06
Long-term Debt to Capitalization
0.500.430.510.500.480.470.480.490.480.450.490.48
Total Debt to Capitalization
0.540.490.550.530.510.510.520.530.520.490.490.51
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A2.66N/A
Cash Flow to Debt Ratio
0.070.160.090.090.040.110.130.030.170.240.210.04
Company Equity Multiplier
2.312.062.332.252.142.172.292.332.242.072.082.17
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.210.390.350.320.130.300.310.090.330.430.420.13
Free Cash Flow / Operating Cash Flow Ratio
-1.370.07-2.38-0.710.760.440.08-0.15-0.150.2310.76
Cash Flow Coverage Ratio
0.070.160.090.090.040.110.130.030.170.240.210.04
Short Term Coverage Ratio
0.460.730.590.750.460.750.810.261.151.82N/A0.75
Dividend Payout Ratio
63.90%21.11%72.34%523.83%-44.80%-93.01%-182.10%-19.13%21.40%20.60%N/A-44.80%