Globus Maritime (NASDAQ: GLBS – Get a rating) is one of the 57 state-owned companies in the “Foreign Deep Sea Freight Transport” industry, but how does it compare to its competitors? We will compare Globus Maritime to similar companies based on its risk strength, institutional ownership, analyst recommendations, earnings, dividends, profitability and valuation.
Valuation and benefits
This table compares the gross revenue, earnings per share (EPS) and valuation of Globus Maritime and its competitors.
|Gross revenue||Net revenue||Price/earnings ratio|
|Globus Maritime||$43.38 million||$14.95 million||3.08|
|Competitors of Globus Maritime||$626.42 million||$170.26 million||-2.79|
Globus Maritime’s competitors have higher revenues and profits than Globus Maritime. Globus Maritime trades at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This table compares the net margins, return on equity and return on assets of Globus Maritime and its competitors.
|Net margins||Return on equity||return on assets|
|Competitors of Globus Maritime||10.34%||27.47%||5.54%|
Institutional and Insider Ownership
40.0% of Globus Maritime shares are held by institutional investors. By comparison, 56.7% of the shares of all “deep sea foreign cargo transportation” companies are held by institutional investors. 59.2% of the shares of Globus Maritime are held by insiders of the company. By comparison, 19.2% of the shares of all “foreign deep sea freight transportation” companies are held by insiders of the company. Strong institutional ownership indicates that endowments, hedge funds, and large money managers believe a stock is poised for long-term growth.
Volatility and risk
Globus Maritime has a beta of 0.01, suggesting that its stock price is 99% less volatile than the S&P 500. Comparatively, Globus Maritime’s competitors have a beta of -4.10, suggesting that their average price is 510% less volatile than the S&P 500. .
This is a summary of recent valuations and price targets for Globus Maritime and its competitors, as provided by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Competitors of Globus Maritime||490||1648||1765||85||2.36|
Globus Maritime currently has a consensus target price of $6.00, suggesting a potential upside of 143.90%. As a group, the “Foreign transport of goods on the high seas” companies have an upside potential of 22.20%. Given Globus Maritime’s stronger consensus rating and higher likely upside, analysts clearly believe that Globus Maritime is more favorable than its competitors.
Globus Maritime beats its competitors on 8 of the 13 factors compared.
Globus Maritime Company Profile (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 June 15, 2021, the company owned and operated seven vessels with a total carrying capacity of 463,765 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 operates as a subsidiary of Firment Trading Limited.
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