QualityDipStocks / Consumer Discretionary · Marine Transportation
Navios Maritime Partners LP Common Units Representing Limited Partner Interests NMM
Outside our quality screen, so we don’t track its dips. It’s 10% below its 52-week high.
Outside our quality screen, trading well below our fair value estimate.
Worth knowing
- FCF yield 11%, top 10% of the 1145 we measure
From the data on this page, as of the last close. How we pick these
- Fair value est.
- $160.28+85%
- Market Value
- —
- Off 52-wk high
- −10%
- Risk vs market
- Lowbeta 0.59
4 bullish · 5 bearish See why
Repriced or dip?
Mixed signals
The price is 10% below its 52-week high (Oct 13), but the business held up: shares outstanding unchanged, free cash flow 0.0%.
Some numbers held up (shares outstanding unchanged, free cash flow 0.0%), others slipped. The price is 10% below its 52-week high.
The price is 10% below its 52-week high, and the business changed too.
Within 10% of its 52-week high, so there is no dip to judge yet.
The evidence 7 numbers, high vs now
- Revenue, last 12 months$1.3B → $1.3B (0.0%)about the same
- Earnings per share, 12 months$9.95 → $9.95 (0.0%)about the same
- Free cash flow, 12 months$281M → $281M (0.0%)held up
- Shares outstanding0.0% (unchanged)held up
- Stock vs its sector (Consumer Discretionary)stock −10%, sector median +7% since Oct 13about the same
- Price fall vs business numbersprice −10%, revenue/EPS/FCF median 0% (shown, not scored)
- Valuation multipleP/FCF 9.9× at the high → 8.8× now (shown, not scored)
No new report since the high (Oct 13, 2026): the business numbers are the same as then, so this read is capped at 65. Each measure is scored from −1 (business changed) to +1 (business intact) and weighted: revenue, earnings per share, free cash flow, operating margin, revenue growth rate, share count, net cash and the move vs its sector. 60 or more reads as a dip, 40 or less as a repricing. Analyst estimates are not in our data, so they are not used. How to read it
Data-based read, not advice.
Priced in
How much growth the market assumed at the 52-week high, the low and today (a reverse DCF).
At the high ($96.60, Oct 13) the price assumed about −5%/yr free-cash-flow growth; today about −7%. The last 3 years delivered 57%/yr (free cash flow).
Dashed line: what the last 3 years delivered, 57%/yr (free cash flow)
| High | Now | |
|---|---|---|
| Price | $96.60Oct 13 | $86.74 |
| Implied growth | −5% | −7% |
| P/E | 9.7× | 8.7× |
| P/FCF | 9.9× | 8.8× |
What this means: the higher the implied growth, the more the price already counts on. If today's number sits well below what the business has delivered, the market expects less than its track record.
How it’s computed
Reverse DCF: the same 10-year free-cash-flow model as our fair value estimate (9.5% discount rate, growth for years 1–5 fading to 3% by year 10, 3% after), solved for the growth that makes it equal the market value at each price. For the high and the low we use only the filings that were public on that day, so nothing from a later report leaks back. Market value = that close × diluted shares. P/E = market value / 12-month net income; Price / FCF = market value / 12-month free cash flow; EV / Sales = (market value + debt − cash) / 12-month revenue. Hidden when the share count moved over 20% (split, merger), free cash flow is negative, or the company reports in another currency.
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 3.6% ±2 points. Bear = 10.5% and 1.6%; bull = 8.5% and 5.6% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is below even the bear case.
What the price implies To be worth today’s price, NMM’s free cash flow would need to shrink about 7% a year for five years; our estimate uses 4%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much NMM moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 2.6× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.59
- Volatility
- 33% vs 13% SPY
- Correlation SPY
- 0.23
- Correlation QQQ
- 0.17
How it ranks
Where NMM stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Top quarter on 2 of 4 measures
- Discount to fair value estimate85% · price below our base caseTop 12%of 1,314
- Free cash flow yield11% · free cash flow vs market capTop 8%of 1,391
- Dividends + buybacks yield0.2% · cash paid out or used to retire shares, vs market capLowest 22%of 1,836
- Revenue growth, last 12 months+0.8% · vs the 12 months beforeLowest 15%of 1,814
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
DCF $160.28
Assumes 3.6% growth for 5 years (revenue grew 3.6% a year FY22–FY25), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $9.80 a share (fiscal year to Dec 31, 2025), from the 20-F filed Mar 12, 2026. Net debt $706M, not deducted.
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
ValuationOur DCF fair value estimate is $160.28, 85% above the price.
ValuationFree-cash-flow yield of 11.3% (price / FCF 8.8×): $281M of free cash in the last 12 months.
ValuationP/E of 8.7× vs a 20.7× median for the 341 Consumer Discretionary companies we cover.
ProfitabilityGross margin of 90%, above the 37% median for the 254 Consumer Discretionary companies we cover.
Top bearish points 5 of 5
Balance sheetDebt rose 55% to $2.2B from FY2023 to FY2025.
GrowthSales grew only 3.6% a year from FY2022 to FY2025.
GrowthSales grew 0.8% over the last 12 months, below the 6.7% median for the 376 Consumer Discretionary companies we cover.
Cash returnsDividend yield of 0.2%, below the 1.8% median for the 229 Consumer Discretionary companies we cover.
RiskReports earnings Nov 4: results can move the price sharply and reset Market Value.
All fundamentals
P/E 8.7 · FCF yield 11.3% · Sales +1%
Valuation
- P/E
- 8.7×Consumer Discretionary median 20.7×
- Price / FCF
- 8.8×
- FCF yield
- 11.3%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- 1.85×
- Price / book
- n/anot reported in its SEC filings
- Market cap
- $2.5Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- $1.3B
- Sales growth, 12 months
- +0.8%vs the 12 months before
- Sales growth, 3 yrs
- +3.6%/yrfrom FY2022
- Diluted EPS, 12 months
- n/anot reported in its SEC filings
- EPS growth, last FY
- n/afewer than two years of diluted EPS
- Net income, 12 months
- $285M
- Net income growth
- −22%12 months vs before
Profitability
- Gross margin
- 90.5%
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- 21.2%
- FCF margin
- 20.9%
- Return on equity
- n/anot reported in its SEC filings
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- n/anot reported in its SEC filings
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/acash or debt not tagged in SEC data
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- n/ainterest expense not tagged in SEC data
Cash flow & returns
- Free cash flow, 12 months
- $281M
- FCF growth, 12 months
- n/anot reported in its SEC filings
- Dividend yield
- 0.24%$6M paid
- Payout ratio
- 2%
- Buybacks, 12 months
- n/anot reported in its SEC filings
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- $0
Trailing 12 months to Dec 31, 2025. From Navios Maritime Partners LP Common Units Representing Limited Partner Interests’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $-0.2B · Sales +25%
- Free cash flow, 12 months−$0.2B
- Free-cash-flow yield11.3%
- Free-cash-flow margin−11%
- Gross margin90%
- Operating margin39%
- Return on invested capital8%
- Return on equity13%
- Sales growth (latest quarter vs year-ago quarter)+25%
- Net debt / EBITDA2.4×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $86.74
- 52-wk lowlowest close, 1 year$48.00−44.7%
- PriceMon Nov 2 close$86.74you are here
- 52-wk highhighest close, 1 year$96.60+11.4%
- Fair value est.base case$160.28+84.8%
Momentum & 52-week range
RSI 42 · 5 days −2.4%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 4
- DateWed Nov 4, before the open
- Year-ago EPS$2.83
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
NMM is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Navios Maritime Partners LP Common Units Representing Limited Partner Interests in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Marine Transportation
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.