Comparing Globus Maritime (GLBS) & Its Peers

Globus Maritime (NASDAQ:GLBS – Get Rating) is one of 57 public companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its peers? We will compare Globus Maritime to similar businesses based on the strength of its institutional ownership, risk, profitability, earnings, valuation, dividends and analyst recommendations.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Globus Maritime and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Globus Maritime	0	0	1	0	3.00
Globus Maritime Competitors	489	1647	1764	84	2.36

Globus Maritime presently has a consensus price target of $6.00, indicating a potential upside of 156.41%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 29.40%. Given Globus Maritime’s stronger consensus rating and higher possible upside, equities research analysts clearly believe Globus Maritime is more favorable than its peers.

Institutional & Insider Ownership

40.0% of Globus Maritime shares are owned by institutional investors. Comparatively, 55.3% of shares of all “Deep sea foreign transportation of freight” companies are owned by institutional investors. 59.2% of Globus Maritime shares are owned by company insiders. Comparatively, 19.6% of shares of all “Deep sea foreign transportation of freight” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Risk and Volatility

Globus Maritime has a beta of 0.1, indicating that its stock price is 90% less volatile than the S&P 500. Comparatively, Globus Maritime’s peers have a beta of -4.76, indicating that their average stock price is 576% less volatile than the S&P 500.

Earnings & Valuation

This table compares Globus Maritime and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Globus Maritime	$43.38 million	$14.95 million	2.93
Globus Maritime Competitors	$626.42 million	$170.12 million	-2.81

Globus Maritime’s peers have higher revenue and earnings than Globus Maritime. Globus Maritime is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Globus Maritime and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Globus Maritime	34.46%	12.02%	9.17%
Globus Maritime Competitors	10.34%	27.47%	5.54%

Summary

Globus Maritime beats its peers on 8 of the 13 factors compared.

About Globus Maritime (Get Rating)

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of June 15, 2021, the company owned and operated seven vessels with a total carrying capacity of 463,765 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited operates as a subsidiary of Firment Trading Limited.