Financial Comparison: Paragon Shipping (PRGNF) vs. Nordic American Offshore (NAO)

Paragon Shipping (OTCMKTS: PRGNF) and Nordic American Offshore (NYSE:NAO) are both small-cap transportation companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, risk, earnings, dividends and valuation.

Profitability

This table compares Paragon Shipping and Nordic American Offshore’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Paragon Shipping N/A N/A N/A
Nordic American Offshore -199.40% -11.94% -7.73%

Volatility & Risk

Paragon Shipping has a beta of 2.78, meaning that its share price is 178% more volatile than the S&P 500. Comparatively, Nordic American Offshore has a beta of -0.14, meaning that its share price is 114% less volatile than the S&P 500.

Institutional & Insider Ownership

25.1% of Nordic American Offshore shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Paragon Shipping and Nordic American Offshore’s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Paragon Shipping $1.98 million 0.00 $23.78 million N/A N/A
Nordic American Offshore $16.25 million 4.58 -$32.15 million ($0.93) -1.29

Paragon Shipping has higher earnings, but lower revenue than Nordic American Offshore.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Paragon Shipping and Nordic American Offshore, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paragon Shipping 0 0 0 0 N/A
Nordic American Offshore 0 0 0 0 N/A

Dividends

Nordic American Offshore pays an annual dividend of $0.08 per share and has a dividend yield of 6.7%. Paragon Shipping does not pay a dividend. Nordic American Offshore pays out -8.6% of its earnings in the form of a dividend.

About Paragon Shipping

Paragon Shipping Inc. is a global provider of shipping transportation services. The Company specializes in transporting drybulk cargoes, including commodities as iron ore, coal, grain and other materials, along shipping routes across the world. It focuses on newbuilding program, including over three Kamsarmax drybulk carriers with fleet carrying capacity of over 245,400 deadweight tons. Allseas Marine S.A. and Seacommercial Shipping Services S.A provide commercial and technical management services for its fleet. Its technical management services include arranging for and managing crews, maintaining regulatory and classification society compliance, and providing technical support. Its commercial management services include negotiating charters for its vessels, monitoring various types of charters, monitoring the performance of its vessels, financing and negotiating the purchase and sale of its vessels, and obtaining insurance for its vessels and finance and accounting functions.

About Nordic American Offshore

Nordic American Offshore Limited (NAO) operates platform supply vessels (PSV). The Company owns approximately eight vessels. The Company operates in the offshore support vessel market segment. The Company has approximately two vessels under construction. The Company’s vessels operate in the North Sea in both the term and spot market. The Company’s vessels include NAO Fighter, NAO Prosper, NAO Power, NAO Thunder, NAO Guardian, NAO Protector, NAO Storm and NAO Viking. Each of the Company’s vessels has a capacity of approximately 4,200 deadweight tonnage (DWT) and a cargo deck area of approximately 850 square meters. The Company’s vessels under construction include NAO Galaxy and NAO Horizon. Remoy Shipping AS and V. Ships Limited provide technical management for the Company’s vessels.

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