AMBP vs. NAT

Last updated Jun 5, 2026

AMBP (Ardagh Metal Packaging S.A.) and NAT (Nordic American Tankers Limited) are both stocks. AMBP operates in Packaging & Containers (Consumer Cyclical), while NAT operates in Marine Shipping (Industrials). Over the past 3 years, AMBP returned 13.08%/yr vs 28.21%/yr for NAT. At a 0.14 correlation, their price movements are largely independent.

Performance

AMBP vs. NAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ardagh Metal Packaging S.A. (AMBP) and Nordic American Tankers Limited (NAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMBP achieves a -0.64% return, which is significantly lower than NAT's 57.67% return.

AMBP

• 1D: 0.00%
• 1M: 1.27%
• YTD: -0.64%
• 6M: 5.00%
• 1Y: 10.04%
• 3Y*: 13.08%
• 5Y*: —
• 10Y*: —

NAT

• 1D: 0.77%
• 1M: -11.60%
• YTD: 57.67%
• 6M: 50.24%
• 1Y: 113.95%
• 3Y*: 28.21%
• 5Y*: 18.71%
• 10Y*: -2.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMBP vs. NAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AMBP Ardagh Metal Packaging S.A.	-0.64%	53.46%	-12.41%	-11.47%	-42.52%	-15.05%
NAT Nordic American Tankers Limited	57.67%	54.57%	-33.63%	55.83%	87.90%	-29.46%

Correlation

The correlation between AMBP and NAT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021	0.14

Fundamentals

Market Cap AMBP : $2.38B NAT : $1.11B
EPS AMBP : $0.02 NAT : $0.26
PE Ratio AMBP : 216.26 NAT : 20.51
PEG Ratio AMBP : 1.85 NAT : 0.25
PS Ratio AMBP : 0.41 NAT : 3.33
Total Revenue (TTM) AMBP : $5.73B NAT : $334.09M
Gross Profit (TTM) AMBP : $573.00M NAT : $97.31M
EBITDA (TTM) AMBP : $704.00M NAT : $132.71M

Return for Risk

AMBP vs. NAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMBP

AMBP Risk / Return Rank: 49
AMBP Sharpe Ratio Rank: 52
AMBP Sortino Ratio Rank: 45
AMBP Omega Ratio Rank: 46
AMBP Calmar Ratio Rank: 51
AMBP Martin Ratio Rank: 49

NAT

NAT Risk / Return Rank: 94
NAT Sharpe Ratio Rank: 95
NAT Sortino Ratio Rank: 94
NAT Omega Ratio Rank: 91
NAT Calmar Ratio Rank: 94
NAT Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMBP vs. NAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ardagh Metal Packaging S.A. (AMBP) and Nordic American Tankers Limited (NAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AMBP	NAT	Difference
Sharpe ratio: Return per unit of total volatility	0.29	3.18	-2.89
Sortino ratio: Return per unit of downside risk	0.61	3.86	-3.25
Omega ratio: Gain probability vs. loss probability	1.09	1.46	-0.37
Calmar ratio: Return relative to maximum drawdown	0.39	6.21	-5.82
Martin ratio: Return relative to average drawdown	0.70	20.08	-19.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMBP vs. NAT - Sharpe Ratio Comparison

The current AMBP Sharpe Ratio is 0.29, which is lower than the NAT Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of AMBP and NAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMBP	NAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.29	3.18	-2.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.25	0.14	-0.39

Drawdowns

AMBP vs. NAT - Drawdown Comparison

The maximum AMBP drawdown since its inception was -75.30%, smaller than the maximum NAT drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for AMBP and NAT.

Drawdown Indicators

	AMBP	NAT	Difference
Max Drawdown Largest peak-to-trough decline	-75.30%	-90.20%	+14.90%
Max Drawdown (1Y) Largest decline over 1 year	-26.02%	-18.45%	-7.57%
Max Drawdown (3Y) Largest decline over 3 years	-39.16%	-46.31%	+7.15%
Max Drawdown (5Y) Largest decline over 5 years	—	-59.88%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-87.33%	—
Current Drawdown Current decline from peak	-49.48%	-44.37%	-5.11%
Average Drawdown Average peak-to-trough decline	-53.06%	-44.00%	-9.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.40%	5.70%	+8.70%

Volatility

AMBP vs. NAT - Volatility Comparison

The current volatility for Ardagh Metal Packaging S.A. (AMBP) is 6.69%, while Nordic American Tankers Limited (NAT) has a volatility of 8.35%. This indicates that AMBP experiences smaller price fluctuations and is considered to be less risky than NAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMBP	NAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.69%	8.35%	-1.66%
Volatility (6M) Calculated over the trailing 6-month period	22.53%	27.65%	-5.12%
Volatility (1Y) Calculated over the trailing 1-year period	35.21%	36.16%	-0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.95%	51.04%	-8.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.95%	58.01%	-15.06%

Dividends

AMBP vs. NAT - Dividend Comparison

AMBP's dividend yield for the trailing twelve months is around 7.54%, less than NAT's 8.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMBP Ardagh Metal Packaging S.A.	7.54%	9.76%	13.29%	10.42%	8.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NAT Nordic American Tankers Limited	8.94%	10.47%	16.00%	11.67%	3.59%	3.55%	15.25%	2.03%	8.00%	21.54%	16.31%	8.88%

Financials

AMBP vs. NAT - Profitability Comparison

The chart below illustrates the profitability comparison between Ardagh Metal Packaging S.A. and Nordic American Tankers Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AMBP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ardagh Metal Packaging S.A. reported a gross profit of 143.00M and revenue of 1.50B. Therefore, the gross margin over that period was 9.5%.

NAT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nordic American Tankers Limited reported a gross profit of 47.64M and revenue of 106.46M. Therefore, the gross margin over that period was 44.8%.

AMBP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ardagh Metal Packaging S.A. reported an operating income of 60.00M and revenue of 1.50B, resulting in an operating margin of 4.0%.

NAT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nordic American Tankers Limited reported an operating income of 38.36M and revenue of 106.46M, resulting in an operating margin of 36.0%.

AMBP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ardagh Metal Packaging S.A. reported a net income of -5.00M and revenue of 1.50B, resulting in a net margin of -0.3%.

NAT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nordic American Tankers Limited reported a net income of 46.29M and revenue of 106.46M, resulting in a net margin of 43.5%.

Frequently Asked Questions

Can I hold both AMBP and NAT in my portfolio?

AMBP and NAT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMBP or NAT?

NAT has higher volatility (8.35%) compared to AMBP (6.69%). In terms of maximum drawdown, AMBP dropped -75.30% vs NAT's -90.20%.

Which has better risk-adjusted returns?

NAT currently has the higher Sharpe Ratio (3.18 vs 0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.