Globus Maritime (GLBS) and Its Peers Critical Review

Globus Maritime (NASDAQ:GLBSGet 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 related companies based on the strength of its risk, earnings, institutional ownership, dividends, valuation, analyst recommendations and profitability.

Risk & Volatility

Globus Maritime has a beta of 0.01, meaning that its share price is 99% less volatile than the S&P 500. Comparatively, Globus Maritime’s peers have a beta of -4.11, meaning that their average share price is 511% less volatile than the S&P 500.

Insider & Institutional Ownership

40.0% of Globus Maritime shares are owned by institutional investors. Comparatively, 56.7% 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 insiders. Comparatively, 19.6% of shares of all “Deep sea foreign transportation of freight” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings & Valuation

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

Gross Revenue Net Income Price/Earnings Ratio
Globus Maritime $43.38 million $14.95 million 2.98
Globus Maritime Competitors $626.42 million $170.26 million -2.61

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 10.35% 27.93% 5.80%

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Globus Maritime and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globus Maritime 0 0 1 0 3.00
Globus Maritime Competitors 490 1655 1767 86 2.36

Globus Maritime currently has a consensus target price of $6.00, suggesting a potential upside of 152.10%. As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 21.57%. Given Globus Maritime’s stronger consensus rating and higher possible upside, equities analysts clearly believe Globus Maritime is more favorable than its peers.

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.

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