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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 0.6x - 0.7x | 0.6x |
Historical Pb Multiple | 0.6x - 1.0x | 0.7x |
Fair Value | €0.57 - €0.64 | €0.61 |
Upside | -19.0% - -10.5% | -14.8% |
Benchmarks | - | Full Ticker |
Jinhui Shipping and Transportation Limited | - | LSE:0JOD |
United Maritime Corporation | - | NasdaqCM:USEA |
Pacific Basin Shipping Limited | - | OTCPK:PCFB.F |
Höegh Autoliners ASA | - | BATS-CHIXE:HAUTOO |
Danaos Corporation | - | NYSE:DAC |
Taylor Maritime Limited | - | DB:91E |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
0JOD | USEA | PCFB.F | HAUTOO | DAC | 91E | |||
LSE:0JOD | NasdaqCM:USEA | OTCPK:PCFB.F | BATS-CHIXE:HAUTOO | NYSE:DAC | DB:91E | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 39.8% | NM- | 39.3% | NM- | 30.9% | NM- | ||
3Y CAGR | -50.2% | NM- | -46.2% | 70.6% | -21.7% | NM- | ||
Latest Twelve Months | 196.9% | -277.7% | 20.4% | 12.2% | -19.1% | -47.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 16.3% | 31.6% | 9.0% | 29.0% | 72.5% | 84.5% | ||
Prior Fiscal Year | -66.6% | 0.3% | 4.8% | 40.8% | 59.2% | 72.3% | ||
Latest Fiscal Year | 15.0% | -7.4% | 5.1% | 45.2% | 49.8% | 126.4% | ||
Latest Twelve Months | 22.6% | -15.3% | 5.1% | 48.0% | 46.3% | 87.4% | ||
Return on Equity | ||||||||
5 Year Average Margin | 9.1% | 11.4% | 17.4% | 33.3% | 29.0% | 6.7% | ||
Prior Fiscal Year | -14.5% | 0.2% | 5.9% | 47.6% | 20.7% | -20.4% | ||
Latest Twelve Months | 10.4% | -10.9% | 7.3% | 54.7% | 14.1% | 17.5% | ||
Next Fiscal Year | 8.7% | -21.9% | 4.1% | 38.2% | 13.8% | #NUM! | ||
Two Fiscal Years Forward | 16.5% | -17.6% | 5.3% | 41.5% | 12.5% | 0.0% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 0.4x | 0.3x | 0.6x | 1.4x | 1.7x | 3.0x | ||
Price / LTM EPS | 1.7x | -2.3x | 11.4x | 3.0x | 3.6x | 3.5x | ||
Price / Book | 0.2x | 0.3x | 0.8x | 1.6x | 0.5x | 0.6x | ||
Price / Fwd Book | 0.1x | 0.3x | 1.0x | 1.9x | 0.5x | 0.8x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.2x | 0.5x | 1.6x | |||||
Historical P/B Ratio | 0.6x | 0.7x | 1.0x | |||||
Selected P/B Multiple | 0.6x | 0.6x | 0.7x | |||||
(x) Book Value | 367 | 367 | 367 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 0JOD | USEA | PCFB.F | HAUTOO | DAC | 91E | |
Value of Common Equity | 57 | 15 | 1,862 | 1,916 | 1,713 | 274 | |
(/) Shares Outstanding | 109.3 | 9.2 | 6,516.7 | 190.8 | 18.6 | 329.0 | |
Implied Stock Price | 0.52 | 1.60 | 0.29 | 10.04 | 92.24 | 0.83 | |
FX Conversion Rate to Trading Currency | 0.10 | 1.00 | 1.00 | 0.10 | 1.00 | 1.17 | |
Implied Stock Price (Trading Cur) | 5.32 | 1.60 | 0.29 | 102.10 | 92.24 | 0.71 | |
Trading Currency | NOK | USD | USD | NOK | USD | EUR | |
FX Rate to Reporting Currency | 0.10 | 1.00 | 1.00 | 0.10 | 1.00 | 1.17 |