Nordic American Tankers Limited (NAT) Fair Value 2026

NAT · Oil & Gas Midstream ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.6 /10

32 fundamental signals · 11 models active

Value Trap Risk

LOW (28/100)

Quick Summary — As of 2026-08-27, Nordic American Tankers Limited (NAT) trades at $6.76, versus a $2.59 median fair value across its 11 active models — 61.7% below the current price. QOC: 6.6/10. Value Trap Risk: 28/100 (LOW). 11/13 models active. Within that set, the Bayesian DCF component alone returns $0.14.

Key Facts

Ticker
NAT
Price
$6.76
Quality Score
6.6/10
Value Trap Risk
28/100
Models Active
11/13
Last Updated
Strength: 11 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Nordic American Tankers Limited (NAT) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, Nordic American Tankers Limited (NAT) appears overvalued as of : the median of 11 independent fair value estimates is $2.59, 61.7% below the current price of $6.76. Estimates range from $0.14 to $5.97. NAT scores 6.6/10 on fundamental quality and 28/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. NAT’s -61.7% gap is wider than that market norm, and the Oil & Gas Midstream sector median is -9.8%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Nordic American Tankers Limited Stock in 2026? →

What Fair Value Does Each Model Give NAT?

11 Intrinsic Value Models vs. Current Price ($6.76)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Medium Conviction
 $0.14 -97.9%
Ensemble · Low Conviction
 $2.23 -67.0%
Scenario · Medium Conviction
 $2.59 -61.7%
Intrinsic · Medium Conviction
 $1.06 -84.4%
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What Is NAT's Fair Value Range?

Spread across 11 independent models · $0.14 to $5.97

CirclFi's 11 active models place Nordic American Tankers Limited (NAT) between $0.14 and $5.97 per share, a spread of 225% of the median. The median of that range — $2.59 — is the fair value CirclFi publishes for NAT, against a current price of $6.76.

Low · Bayesian DCFHigh · Markov DDM
$0.14median $2.59$5.97
Where the range comes from
Most bearish modelBayesian DCF$0.14
Most bullish modelMarkov DDM$5.97
Model agreement0 bullish · 11 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for NAT. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on NAT, not a CirclFi price target. How each model works →

What Is Nordic American Tankers Limited (NAT) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Nordic American Tankers Limited's intrinsic value is estimated at $2.59, suggesting the stock is overvalued at its current price of $6.76. With 11 out of 11 models flagging downside (-61.7% vs price), the market may be pricing in unsustainable growth. Model dispersion is worth noting: Markov DDM targets $5.97 (-11.7%), versus Bayesian DCF at $0.14 (-97.9%). This +86.3% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About NAT?

11 of 13 models are currently active for NAT. All 11 active models suggest the stock trades above fair value. Taken together, their median fair value for NAT is $2.59 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $0.14 on its own, implying -97.9% downside from the current price. See which stocks rank higher →

How Does NAT Rank in Oil & Gas Midstream?

Among 53 Oil & Gas Midstream stocks, NAT ranks #36 by Quality of Company score. CirclFi's QOC score of 6.6/10 evaluates 32 fundamental signals. A score of 6.6 indicates above-average quality.

See all Most Undervalued Oil & Gas Midstream Stocks →

As a energy producer, Nordic American Tankers Limited operates in a sector where capital efficiency ratio is a critical driver of valuation. Investors evaluating NAT should weigh these sector-specific dynamics alongside our model-derived fair values.

Is NAT a Value Trap?

CirclFi's Value Trap algorithm assigns NAT a score of 28/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for Nordic American Tankers Limited. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Nordic American Tankers Limited is rated at 6.6/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +86.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NAT valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NAT's 11 active models, average confidence is 37%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Nordic American Tankers Limited Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Oil & Gas Midstream Stocks Should You Also Analyze?

11 related Oil & Gas Midstream stocks with 13-model coverage

VNOMViper Energy, Inc.QOC 6.7TENTsakos Energy Navigation LimitedQOC 6.4KNOPKNOT Offshore Partners LPQOC 7.1GELGenesis Energy, L.P.QOC 6.3STNGScorpio Tankers Inc.QOC 7.3MMLPMartin Midstream Partners L.P.QOC 6.1TKTeekay Corporation Ltd.QOC 3.1NVGSNavigator Holdings Ltd.QOC 8.4ETEnergy Transfer LPQOC 7.9HESMHess Midstream LPQOC 9.2FLNGFLEX LNG Ltd.QOC 9.0

Read investment analysis: VNOM · TEN · KNOP · GEL · STNG · MMLP · TK · NVGS · ET · HESM · FLNG

Which Other Stocks Have a Similar Quality Score to NAT?

7 companies across all industries closest to NAT’s Quality of Company score of 6.6/10.

RNWReNew Energy Global PlcQOC 6.6WVEWave Life Sciences, Inc.QOC 6.6BMTMBright Mountain Media, Inc.QOC 6.6WBDWarner Bros. Discovery, Inc.QOC 6.6ODYSOdysight.ai Inc.QOC 6.6FLNCFluence Energy, Inc.QOC 6.6NVDANVIDIA CorporationQOC 10.0

Read investment analysis: RNW · WVE · BMTM · WBD · ODYS · FLNC · NVDA

Where Does NAT Sit in CirclFi's Oil & Gas Midstream Rankings?

NAT is ranked against every other Oil & Gas Midstream stock CirclFi covers in each of these screens.

See all Oil & Gas Midstream stocks ranked →

What Else Do Investors Ask About Nordic American Tankers Limited’s Valuation?

What is Nordic American Tankers Limited's intrinsic value in 2026?

CirclFi puts Nordic American Tankers Limited (NAT)'s intrinsic value at $2.59 — the median of 11 independent model estimates as of 2026-08-27, ranging from $0.14 to $5.97. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $0.14 on its own. The Quality of Company score is 6.6/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NAT overvalued or undervalued right now?

At $6.76, 0 of 11 active models suggest NAT may be undervalued, while 11 indicate potential overvaluation. The median of all 11 fair value estimates is $2.59, 61.7% below the current price of $6.76 — a consensus view that NAT is overvalued. The assessment depends on which methodology best fits Nordic American Tankers Limited's business model in Oil & Gas Midstream.

What does a Quality of Company score of 6.6 mean for NAT?

Nordic American Tankers Limited's QOC of 6.6/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on NAT?

CirclFi analyzes NAT with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on NAT?

Of the 11 models currently active on NAT, Markov DDM is the most bullish at $5.97 per share, and Bayesian DCF is the most bearish at $0.14. CirclFi's published fair value for NAT is the median of that range, $2.59, not either extreme. The gap between the two ends equals 225% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is NAT a value trap in 2026?

Nordic American Tankers Limited's Value Trap score is 28/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, Nordic American Tankers Limited (NAT) has a median fair value of $2.59 — 61.7% below the current price of $6.76 — as of 2026-08-27.” Source: circlfi.com/stock/NAT/ · Methodology
Primary sources for this NAT valuation
  • Financial statements: Nordic American Tankers Limited 10-K and 10-Q filings on SEC EDGAR (CIK 0001000177) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for NAT as of ; valuations recomputed .

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