Summary
- Navios Partners is one of the most undervalued companies in the entire market.
- Navios Partners is a cash flow machine, generating more than half a billion dollars annually in operating cash flow, but its unit price is trading at a staggering discount to NAV.
- A significant portion of cash flow is secured for several years as Navios effectively leveraged the booming containership market, locking in highly lucrative multi-year contracts.
- Navios Partners also boasts a substantial tanker fleet. Despite the strong performance of tanker stocks, with gains nearing 200% over the past year, Navios Partners has seen only minimal returns.
- The market has blindsided Navios, failing to recognize its diversification strategy. With a robust balance sheet and powerful cash flow generation, the company has a unique chance to snatch up its own units at a steal, closing the gap to net asset value.
For further details see:
Navios Maritime Partners: Severely Undervalued, Trading At Fraction Of NAV