Navios Maritime Partners LP (FRA:3PXA) ROE %: Negative Equity% (As of Jun. 2026)

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FRA:3PXA Navios Maritime Partners LP FRA:3PXA
70 GF Score
Price €72.24
GF Value €44.46
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Navios Maritime Partners LP ROE %?

Navios Maritime Partners LP FRA:3PXA -0.95% 70 ROE % is Negative Equity% as of Jun. 2026. GuruFocus rates FRA:3PXA with a GF Score™ of 70/100 and a GF Value™ of €44.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 986 Transportation companies, Navios Maritime Partners LP ranks better than 82.25% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Navios Maritime Partners LP's annualized net income for the quarter that ended in Jun. 2026 was €583 Mil. Navios Maritime Partners LP's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was €-1 Mil. Therefore, Navios Maritime Partners LP's annualized ROE % for the quarter that ended in Jun. 2026 was Negative Equity%.

The historical rank and industry rank for Navios Maritime Partners LP's ROE % or its related term are showing as below:

FRA:3PXA' s ROE % Range Over the Past 10 Years
Min: -9.91   Med: 5.41   Max: 42.58
Current: 34.88

During the past 13 years, Navios Maritime Partners LP's highest ROE % was 42.58%. The lowest was -9.91%. And the median was 5.41%.

FRA:3PXA's ROE % is ranked better than
82.25% of 986 companies
in the Transportation industry
Industry Median: 7.745 vs FRA:3PXA: 34.88

Navios Maritime Partners LP  (FRA:3PXA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=583.016/-0.9095
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(583.016 / 1424.096)*(1424.096 / 5316.828)*(5316.828 / -0.9095)
=Net Margin %*Asset Turnover*Equity Multiplier
=40.94 %*0.2678*N/A
=ROA %*Equity Multiplier
=10.96 %*N/A
=Negative Equity %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2026 )
=Net Income/Total Stockholders Equity
=583.016/-0.9095
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (583.016 / 583.016) * (583.016 / 561.192) * (561.192 / 1424.096) * (1424.096 / 5316.828) * (5316.828 / -0.9095)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0389 * 39.41 % * 0.2678 * N/A
=Negative Equity %

Note: The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Navios Maritime Partners LP ROE % Related Terms


Navios Maritime Partners LP ROE % Historical Data

* Premium members only.

The historical data trend for Navios Maritime Partners LP's ROE % 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 ROE % Chart

Navios Maritime Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.41 28.95 16.74 12.74 16.44

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
ROE % 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 8.56 6.95 29.11 Negative Equity Negative Equity

FRA:3PXA vs DAC, CMRE, SFL: ROE % Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Transportation Industry

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

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


FRA:3PXA
70GF Score
Navios Maritime Partners LP FRA:3PXA
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Navios Maritime Partners LP ROE % Calculation

Navios Maritime Partners LP's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=243.675/( (2966.83+-1.931)/ 2 )
=243.675/1482.4495
=16.44 %

Navios Maritime Partners LP's annualized ROE % for the quarter that ended in Jun. 2026 is calculated as

ROE %=Net Income (Q: Jun. 2026 )/( (Total Stockholders Equity (Q: Mar. 2026 )+Total Stockholders Equity (Q: Jun. 2026 ))/ count )
=583.016/( (-1.329+-0.49)/ 2 )
=583.016/-0.9095
=Negative Equity %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of Negative Equity% mean?
Navios Maritime Partners LP (FRA:3PXA) has a ROE % of Negative Equity% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Navios Maritime Partners LP and its competitors. According to the industry distribution chart, Navios Maritime Partners LP ranks #175 out of 986 companies in the Transportation industry, placing it in the top 17.7%.
Is Navios Maritime Partners LP's ROE % too high?
Navios Maritime Partners LP's current ROE % is Negative Equity%. Based on the distribution chart, Navios Maritime Partners LP ranks #175 out of 986 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Navios Maritime Partners LP has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navios Maritime Partners LP's ROE % compare to DAC and CMRE?
According to the Transportation industry distribution chart, Navios Maritime Partners LP ranks #175 out of 986 companies for ROE %. This places Navios Maritime Partners LP in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 7.75. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.75, based on 986 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Navios Maritime Partners LP and its competitors. For the Transportation industry, the median ROE % is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navios Maritime Partners LP's current ROE % is Negative Equity%. 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 (FRA:3PXA) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.46, compared to a current price of €72.24 — trading 62.5% above its estimated fair value. The current ROE % is Negative Equity%. Navios Maritime Partners LP's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Navios Maritime Partners LP (FRA:3PXA), the current ROE % is Negative Equity% as of Jun. 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 (FRA:3PXA) Overvalued in 2026?

Based on GuruFocus' analysis, Navios Maritime Partners LP stock appears to be overvalued. The current stock price of €72.24 is trading 62.5% above its estimated GF Value™ of €44.46. GuruFocus considers Navios Maritime Partners LP to be Significantly Overvalued.

Key valuation signals for FRA:3PXA:

  • ROE %: Negative Equity%
  • GF Value™: €44.46 vs. price of €72.24 (62.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the FRA:3PXA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Navios Maritime Partners LP Business Description

Other Exchanges NMM:USA
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.
70GF Score

Get the complete analysis for FRA:3PXA

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

€72.24
Price
€44.46
GF Value