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The Greek company, which was listed in 2002, is mainly engag...

$Tsakos Energy Navigation(TNP.US)$The Greek company, which was listed in 2002, is mainly engaged in the crude oil and petroleum 🚢 tanker business. The current price is 23.4.
In the past 5 years, in addition to a 15.2% contraction in 2021, revenue increased for 4 years. Operating profit lost 1 year in 2021, net profit lost both in 2018 and 2022, and the total net profit for 5 years was zero.
In the first three quarters of 2023, revenue increased 13.4%, operating profit increased 88.7%, net profit increased 1.6 times to 270 million, and there was still 240 million yuan left after payment of preferred shares.
Currently, the price-earnings ratio is 3.9, and the price-earnings ratio is TTM2.1. If the revenue for the full year of 2023 reaches 300 million, the 5-year average net profit will grow to 80 million, and the corresponding price-earnings ratio is 8.6. It is already close to the underestimated range, so we can continue to observe.
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