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
- Price to book ratio (0.12) is lower than the sector mean (0.67).
- EV/EBITDA (4.31) is lower than the sector mean (9.41).
- Strong EBITDA Margin of 39.91%.
Weaknesses
- With a depreciation Potential of -100.00%, based on our fundamental analysis, it suggests the stock may be overvalued.
- Current Price to Earnings Ratio (50.14) is significantly higher than the sector mean (19.23).
- Analysts expect revenues to decline in the coming year.
- 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