Globus Maritime Limited
Globus Maritime owns, operates, and manages a fleet of dry bulk vessels transporting iron ore, coal, grain, steel products, cement, and other cargoes worldwide. As of 2023, the company has six and nine vessels with a total carrying capacity of 453,745 and 626,257 deadweight tonnage.
Overview
Strengths
- With an appreciation Potential of 324.02%, based on our fundamental analysis, it suggests the stock may be undervalued.
- Price to book ratio (0.12) is lower than the sector mean (0.67).
- EV/EBITDA (4.26) is lower than the sector mean (9.41).
- Strong EBITDA Margin of 39.91%.
Weaknesses
- Current Price to Earnings Ratio (48.47) is significantly higher than the sector mean (19.23).
- The company has high debt. Net Debt to EBITDA Ratio (2.76) is higher than the sector mean.
- The company have lower returns than the sector in which it operates. ROIC (4.31%) is significantly lower than the sector mean (10.94%).
- The Price to Free Cash Flow ratio (100.00) is significantly higher than the sector mean.
Key Financial Data
| Indicator | Value |
|---|
| PER | 49.4 |
| EV/EBITDA | 4.3 |
| Price/Free Cash Flow' | 100.0 |
| ROIC | 4.3% |
| Net Debt/EBITDA | 2.8 |