Globus Maritime (NASDAQ:GLBS) versus Atlas (NYSE:ATCO) Critical analysis

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Globus Maritime (NASDAQ: GLBSGet a rating) and Atlas (NYSE:ATCOGet a rating) are both transport companies, but which is the higher value? We’ll compare the two companies based on valuation strength, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk.

Profitability

This table compares the net margins, return on equity and return on assets of Globus Maritime and Atlas.

Net margins Return on equity return on assets
Globus Maritime 49.07% 19.45% 15.32%
Atlas 28.08% 13.70% 4.68%

Risk and Volatility

Globus Maritime has a beta of 0.07, which means its price is 93% less volatile than the S&P 500. In comparison, Atlas has a beta of 1.18, which means its price is 18% more volatile than the S&P500.

Benefits and evaluation

This table compares the gross revenue, earnings per share and valuation of Globus Maritime and Atlas.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Globus Maritime $43.38 million 0.39 $14.95 million $1.50 1.08
Atlas $1.65 billion 1.58 $400.50 million $1.52 6.89

Atlas has higher revenues and profits than Globus Maritime. Globus Maritime trades at a lower price-to-earnings ratio than Atlas, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

40.0% of Globus Maritime shares are held by institutional investors. Comparatively, 68.8% of Atlas shares are held by institutional investors. 59.2% of Globus Maritime shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds, and large money managers believe a company is poised for long-term growth.

Analyst Notes

This is a summary of the current ratings for Globus Maritime and Atlas, as reported by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Globus Maritime 0 0 1 0 3.00
Atlas 1 2 2 0 2.20

Globus Maritime currently has a consensus price target of $6.00, indicating a potential upside of 270.37%. Atlas has a consensus price target of $16.83, indicating a potential upside of 60.62%. Given Globus Maritime’s stronger consensus rating and higher likely upside, stock analysts clearly believe that Globus Maritime is more favorable than Atlas.

Summary

Atlas beats Globus Maritime on 8 of the 14 factors compared between the two stocks.

About Globus Maritime (Get a rating)

Globus Maritime Limited, an integrated dry bulk shipping company, provides shipping services worldwide. It owns, operates and manages a fleet of dry bulk carriers that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes. As of March 31, 2022, the company’s fleet consisted of nine vessels with a total carrying capacity of 626,257 deadweight tons. It charters its vessels to operators, trading houses, shipping companies and producers, as well as public entities. The company was incorporated in 2006 and is based in Athens, Greece. Globus Maritime Limited is a subsidiary of Firment Trading Limited.

About Atlas (Get a rating)

Atlas Corp. operates as an asset manager and container ship operator. The company, through its subsidiaries, operates as an independent shipowner and manager of container ships. The Company charters its container ships under long-term, fixed-rate charters to various container shipping companies. It also supplies power to oil and gas, mining and other industries, as well as government-supported and private utilities; and power solutions including plant design, accelerated generation equipment installation and plant balancing, plant operation, care and maintenance. As of March 10, 2022, the company operated a fleet of 132 vessels, 30 gas turbines and 414 diesel generators. Atlas Corp. was incorporated in 2019 and is based in London, UK.



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