NMM (Navios Maritime Partners LP) Enterprise Value: $3,649 Mil (As of Aug. 29, 2026) ***

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NMM Navios Maritime Partners LP NMM
74 GF Score
Price $87.16
GF Value $53.64
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Navios Maritime Partners LP Enterprise Value?

Navios Maritime Partners LP NMM -1.40% 74 Enterprise Value is $3,649 Mil as of Aug. 29, 2026. GuruFocus rates NMM with a GF Score™ of 74/100 and a GF Value™ of $53.64 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Navios Maritime Partners LP's Enterprise Value is $3,649 Mil. Navios Maritime Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $561 Mil. Therefore, Navios Maritime Partners LP's EV-to-EBIT ratio for today is 6.50.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Navios Maritime Partners LP's Enterprise Value is $3,649 Mil. Navios Maritime Partners LP's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $914 Mil. Therefore, Navios Maritime Partners LP's EV-to-EBITDA ratio for today is 3.99.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Navios Maritime Partners LP's Enterprise Value is $3,649 Mil. Navios Maritime Partners LP's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was $1,480 Mil. Therefore, Navios Maritime Partners LP's EV-to-Revenue ratio for today is 2.47.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Navios Maritime Partners LP's Enterprise Value is $3,649 Mil. Navios Maritime Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $540 Mil. Therefore, Navios Maritime Partners LP's EV-to-OCF ratio for today is 6.76.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Navios Maritime Partners LP's Enterprise Value is $3,649 Mil. Navios Maritime Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $-166 Mil. Therefore, Navios Maritime Partners LP's EV-to-FCF ratio for today is -22.01.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Navios Maritime Partners LP  (NYSE:NMM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Navios Maritime Partners LP's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3649.046/560.981
=6.50

Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil.
Navios Maritime Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $561 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Navios Maritime Partners LP's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3649.046/914.344
=3.99

Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil.
Navios Maritime Partners LP's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $914 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Navios Maritime Partners LP's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3649.046/1479.646
=2.47

Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil.
Navios Maritime Partners LP's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,480 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Navios Maritime Partners LP's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3649.046/540.098
=6.76

Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil.
Navios Maritime Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $540 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Navios Maritime Partners LP's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3649.046/-165.758
=-22.01

Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil.
Navios Maritime Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-166 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Navios Maritime Partners LP Enterprise Value Related Terms


Navios Maritime Partners LP Enterprise Value Historical Data

* Premium members only.

The historical data trend for Navios Maritime Partners LP's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Navios Maritime Partners LP Enterprise Value Chart

Navios Maritime Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,655.76 1,800.71 1,725.43 2,323.93 2,707.38

Navios Maritime Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,076.18 2,363.49 2,707.38 3,124.47 3,164.49

NMM vs DAC, CMRE, SFL: Enterprise Value Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Navios Maritime Partners LP Enterprise Value vs Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's Enterprise Value falls into.


NMM
74GF Score
Navios Maritime Partners LP NMM
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navios Maritime Partners LP Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Navios Maritime Partners LP's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Navios Maritime Partners LP's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $3,649 Mil mean?
Navios Maritime Partners LP (NMM) has a Enterprise Value of $3,649 Mil as of Aug. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Navios Maritime Partners LP and its competitors.
Is Navios Maritime Partners LP's Enterprise Value too high?
Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil. Overall, Navios Maritime Partners LP has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navios Maritime Partners LP's Enterprise Value compare to DAC and CMRE?
Navios Maritime Partners LP's Enterprise Value of $3,649 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Transportation company?
A good Enterprise Value depends on the Transportation industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Navios Maritime Partners LP and its competitors. Navios Maritime Partners LP's current Enterprise Value is $3,649 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navios Maritime Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Navios Maritime Partners LP (NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.64, compared to a current price of $87.16 — trading 62.5% above its estimated fair value. The current Enterprise Value is $3,649 Mil. Navios Maritime Partners LP's overall GF Score™ is 74/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Navios Maritime Partners LP (NMM), the current Enterprise Value is $3,649 Mil as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Navios Maritime Partners LP (NMM) Overvalued in 2026?

Based on GuruFocus' analysis, Navios Maritime Partners LP stock appears to be overvalued. The current stock price of $87.16 is trading 62.5% above its estimated GF Value™ of $53.64. GuruFocus considers Navios Maritime Partners LP to be Significantly Overvalued.

Key valuation signals for NMM:

  • Enterprise Value: $3,649 Mil
  • GF Value™: $53.64 vs. price of $87.16 (62.5% above fair value)
  • GF Score™: 74/100 with 9 warning signs

No single metric tells the full story. See the NMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Navios Maritime Partners LP Business Description

Other Exchanges 3PXA:Germany
Address c/o Navios Shipmanagement Inc, 85 Akti Miaouli, Piraeus, GRC, 18538
Navios Maritime Partners LP is an international owner and operator of dry cargo and tanker vessels. Its vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a group of counterparties. Its fleet consisted of dry bulk vessels, containerships and tanker vessels, including two newbuilding capesize vessels, newbuilding containerships and newbuilding tankers. It operates in single segment.
74GF Score

Get the complete analysis for NMM

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$87.16
Price
$53.64
GF Value