FRO vs NVGS vs INSW Stock Comparison

Frontline, Navigator Holdings and International Seaways Prices as of Oct 27, 2026 Peers: Industry group
FRO Frontline plc
$53.78 +12.7% 1M +125.6% 1Y
Market cap
$12.39B
P/E
8.3x
Revenue (TTM)
$2.71B
Div. yield
–
Marine Shipping Industrials
3 wins
NVGS Navigator Holdings Ltd.
$21.39 -7.1% 1M +34.1% 1Y
Market cap
$1.45B
P/E
10.0x
Revenue (TTM)
$579.12M
Div. yield
–
Marine Shipping Industrials
1 win

Head to Head

11 decided of 12

International Seaways leads on 7 of the 12 questions below (International Seaways 7, Frontline 3, Navigator Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFRONVGSINSWLeader
Larger companyMarket capitalisation $12.39B $1.45B $5.54B FRO
Cheaper on earningsLower P/E, profitable companies only 8.3x 10.0x 7.1x INSW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 5.4x 9.3x 6.4x FRO
Faster revenue growthRevenue growth, trailing twelve months +48.8% +9.6% +57.4% INSW
More profitableNet margin, trailing twelve months 54.8% 24.9% 62.0% INSW
Better return on capitalReturn on invested capital 29.5% 14.9% 28.3% FRO
Less leveragedLower net debt / EBITDA — 1.3x 0.2x INSW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +125.6% +34.1% +128.7% INSW
Better 5-year returnAnnualised price return, 5 years +43.2%/yr +20.5%/yr +44.8%/yr INSW
Less volatileAnnualised volatility, 1 year 44.7% 31.4% 40.1% NVGS
Higher overall scoreMean of the five percentile scores vs peers 81/100 76/100 82/100 INSW

Percentile Scorecard

FRONVGSINSW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFRONVGSINSW
Valuation 51 #67 of 136 73 #37 of 136 47 #72 of 136
Growth 96 #6 of 121 84 #20 of 121 80 #25 of 121
Profitability 99 #2 of 115 85 #18 of 115 98 #3 of 115
Financial Health 67 #48 of 143 60 #58 of 143 90 #15 of 143
Shareholder Returns 90 #9 of 82 75 #21 of 82 95 #5 of 82
Overall 81 76 82
  • FRO ranked among 150 companies in Transportation
  • NVGS ranked among 150 companies in Transportation
  • INSW ranked among 150 companies in Transportation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFRONVGSINSWSPY
1 month +12.7%-7.1%+5.4% -0.2%
3 months +38.6%-1.8%+18.8% +3.9%
6 months +48.9%0.0%+36.0% +8.2%
Year to date +146.5%+23.5%+129.3% +12.9%
1 year +125.6%+34.1%+128.7% +12.3%
3 years +141.5%+51.3%+126.2% +87.4%
3 years, per year +34.2%+14.8%+31.3% +23.3%
5 years +500.9%+154.3%+536.2% +67.9%
5 years, per year +43.2%+20.5%+44.8% +10.9%
10 years +630.7%+176.0%— +261.1%
10 years, per year +22.0%+10.7%— +13.7%

Risk

MeasureFRONVGSINSWSPY
Volatility, 1Y 44.7%31.4%40.1% 12.7%
Downside volatility, 1Y 45.2%34.1%37.5% 12.7%
Beta vs S&P 500, 1Y 0.510.390.31 1.00
Return / volatility, 1Y 2.811.083.21 0.97
Max drawdown, 5Y -56.1%-39.5%-55.8% -25.4%
From 52-week high -9.2%-14.7%-10.9% -1.2%
52-week high $59.22$25.09$125.00 $779.14
52-week low $20.58$15.95$46.81 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFRONVGSINSW
P/E now vs peer median 8.1xmedian 16.3x 10.0xmedian 16.3x 7.1xmedian 16.3x
P/S now vs peer median 4.4xmedian 1.0x 2.4xmedian 1.0x 4.4xmedian 1.0x
EV/EBITDA now vs peer median —median 8.7x 4.5xmedian 8.7x 5.9xmedian 8.7x
P/FCF now vs peer median 5.9xmedian 11.4x 11.4xmedian 11.4x 20.5xmedian 11.4x
P/B now vs peer median 3.8xmedian 1.2x 1.1xmedian 1.2x 2.4xmedian 1.2x
PEG now vs peer median 0.42median 0.82 0.24median 0.82 1.29median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFRONVGSINSW
Revenue $2.71B $579.12M $1.26B
Gross profit – $389.30M –
Operating income $1.63B $300.01M $806.76M
Net income $1.49B $148.27M $779.12M
Free cash flow $2.02B $122.80M $269.32M
EPS (diluted) $6.68 $2.12 $15.62
Cash & equivalents $321.42M $225.89M $159.40M
Total debt $2.43B $781.93M $645.62M
Shares (diluted) 222.62M 68.04M 49.86M
Enterprise value $11.15B $753.15M $4.18B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFRONVGSINSW
P/E 8.1x 10.0x 7.1x
P/FCF 5.9x 11.4x 20.5x
P/Operating cash flow 8.8x 7.2x 8.7x
P/S 4.4x 2.4x 4.4x
P/B 3.8x 1.1x 2.4x
P/Tangible book 3.8x 1.1x 2.4x
EV/EBITDA – 4.5x 5.9x
EV/EBIT 8.6x 6.5x 7.1x
EV/Revenue 5.2x 3.4x 4.6x
EV/FCF 7.0x 15.9x 21.3x
EV/Operating cash flow 10.4x 10.1x 9.1x
PEG (3Y EPS CAGR) 0.42 0.24 1.29

Growth

14 metrics
MetricFRONVGSINSW
Revenue growth (1Y) 48.8% 9.6% 57.4%
Revenue CAGR (3Y) 12.2% 8.7% 2.9%
Gross profit growth (1Y) – 12.9% –
Gross profit CAGR (3Y) – 11.1% –
Operating income growth (1Y) 226.3% 24.4% 193.8%
Operating income CAGR (3Y) 24.1% 32.0% 4.1%
Net income growth (1Y) 524.5% 58.9% 226.4%
Net income CAGR (3Y) 21.7% 35.6% 5.8%
EPS growth (1Y) 524.5% 64.7% 223.8%
EPS CAGR (3Y) 19.0% 41.1% 5.5%
Operating cash flow growth (1Y) 116.9% -2.1% 67.3%
Operating cash flow CAGR (3Y) 17.1% 11.0% -2.7%
Free cash flow growth (1Y) 218.6% 136.0% 34.3%
Free cash flow CAGR (3Y) 20.5% 64.4% -14.9%

Profitability

14 metrics
MetricFRONVGSINSW
Gross margin – 67.2% –
EBITDA margin – 74.6% 77.6%
Operating margin 60.1% 51.8% 64.2%
Pretax margin 54.9% 46.2% 61.4%
Net margin 54.8% 24.9% 62.0%
FCF margin 74.3% 21.2% 21.4%
Operating cash flow margin 49.8% 33.4% 50.4%
Return on equity 49.6% 22.8% 34.6%
Return on assets 25.9% 12.4% 26.2%
Return on invested capital 29.5% 14.9% 28.3%
Return on capital employed 31.0% 14.5% 28.7%
Asset turnover 0.5x 0.3x 0.4x
Cash conversion (OCF / net income) 0.9x 1.3x 0.8x
Stock comp / revenue – 0.4% 0.6%

Financial Health

11 metrics
MetricFRONVGSINSW
Debt / assets 41.9% 33.7% 21.4%
Debt / equity 0.8x 0.6x 0.3x
Net debt / EBITDA – 1.3x 0.2x
Debt / FCF 1.2x 6.4x 2.4x
Liabilities / assets 45.7% 45.2% 25.0%
Equity / assets 54.3% 54.8% 75.0%
Interest coverage 8.8x 11.2x 19.7x
Current ratio 1.9x 1.7x 5.9x
Quick ratio 1.4x 1.2x 7.3x
Cash ratio 0.7x 1.0x 3.1x
Altman Z-score 4.50 1.82 6.31

Shareholder Returns

7 metrics
MetricFRONVGSINSW
Dividend yield 6.6% 1.3% 7.2%
Net buyback yield – 6.9% –
Shareholder yield 6.6% 8.2% 7.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFRONVGSINSW
Forward P/E 5.4xFY2026 9.3xFY2026 6.4xFY2026
EPS, next fiscal year $9.98FY2026 $2.30FY2026 $17.52FY2026
EPS growth, next FY +487.1%FY2026 +94.9%FY2026 +223.2%FY2026
EPS growth, the year after -49.8% -27.8% -35.2%
Revenue, next fiscal year $2.52BFY2026 $566.07MFY2026 $1.35BFY2026
Revenue growth, next FY +110.2%FY2026 +5.1%FY2026 +64.2%FY2026
Revenue growth, the year after -18.3% -13.6% -10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFRONVGSINSW
Held by institutions 33.6% 37.4% 81.7%
Institutions holding 261 174 364
Change in shares held, QoQ +36.6% +0.6% +5.2%
Institutions buying 152 107 228
Institutions selling 74 41 86
Buyers to sellers 2.05 2.61 2.65

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FRONVGSINSW
FRO 1.00 0.65 0.81
NVGS 0.65 1.00 0.70
INSW 0.81 0.70 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FRO, NVGS and INSW?

Frontline (FRO) is the largest by market capitalisation: Frontline (FRO) $12.39B, Navigator Holdings (NVGS) $1.45B, International Seaways (INSW) $5.54B.

Which stock is cheaper, FRO, NVGS and INSW?

International Seaways (INSW) trades on the lowest price-to-earnings ratio (Frontline (FRO) 8.3x, Navigator Holdings (NVGS) 10.0x, International Seaways (INSW) 7.1x). On next year's consensus earnings, Frontline (FRO) is cheapest (Frontline (FRO) 5.4x, Navigator Holdings (NVGS) 9.3x, International Seaways (INSW) 6.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

International Seaways (INSW) grew revenue fastest over the trailing twelve months: Frontline (FRO) +48.8%, Navigator Holdings (NVGS) +9.6%, International Seaways (INSW) +57.4%.

Which company is more profitable?

International Seaways (INSW) has the highest net margin (Frontline (FRO) 54.8%, Navigator Holdings (NVGS) 24.9%, International Seaways (INSW) 62.0%). On return on invested capital, Frontline (FRO) leads (Frontline (FRO) 29.5%, Navigator Holdings (NVGS) 14.9%, International Seaways (INSW) 28.3%).

Which stock has performed better?

Over the past year International Seaways (INSW) returned the most: Frontline (FRO) +125.6%, Navigator Holdings (NVGS) +34.1%, International Seaways (INSW) +128.7%. Over five years, International Seaways (INSW) compounded fastest (Frontline (FRO) +43.2%/yr, Navigator Holdings (NVGS) +20.5%/yr, International Seaways (INSW) +44.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Navigator Holdings (NVGS) has been the steadiest (Frontline (FRO) 44.7%, Navigator Holdings (NVGS) 31.4%, International Seaways (INSW) 40.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FRO, NVGS and INSW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, International Seaways (INSW) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.