GLOBUS MARITIME LIMITED (GLBS) Stock Fundamental Analysis
NASDAQ:GLBS - Nasdaq - MHY272651263 - Common Stock - Currency: USD
Overall GLBS gets a fundamental rating of 3 out of 10. We evaluated GLBS against 32 industry peers in the Marine Transportation industry. GLBS may be in some trouble as it scores bad on both profitability and health. GLBS is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
GLBS had positive earnings in the past year.
GLBS had a positive operating cash flow in the past year.
GLBS had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: GLBS reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.13%, GLBS is doing worse than 71.88% of the companies in the same industry.
GLBS has a Return On Equity of 0.24%. This is in the lower half of the industry: GLBS underperforms 71.88% of its industry peers.
The Return On Invested Capital of GLBS (0.39%) is worse than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.13% | ||
| ROE | 0.24% | ||
| ROIC | 0.39% |
ROA(3y)4.39%
ROA(5y)0.23%
ROE(3y)5.82%
ROE(5y)-2.72%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.24%, GLBS is doing worse than 71.88% of the companies in the same industry.
GLBS's Profit Margin has declined in the last couple of years.
GLBS has a worse Operating Margin (4.32%) than 78.13% of its industry peers.
In the last couple of years the Operating Margin of GLBS has declined.
Looking at the Gross Margin, with a value of 53.69%, GLBS is in line with its industry, outperforming 56.25% of the companies in the same industry.
In the last couple of years the Gross Margin of GLBS has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.32% | ||
| PM (TTM) | 1.24% | ||
| GM | 53.69% |
OM growth 3Y-52.91%
OM growth 5YN/A
PM growth 3Y-67.02%
PM growth 5YN/A
GM growth 3Y-6.01%
GM growth 5Y7.16%
2. Health
2.1 Basic Checks
GLBS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for GLBS remains at a similar level compared to 1 year ago.
The number of shares outstanding for GLBS has been increased compared to 5 years ago.
GLBS has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.18, we must say that GLBS is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of GLBS (-0.18) is worse than 68.75% of its industry peers.
GLBS has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of GLBS (0.45) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.18 |
ROIC/WACC0.05
WACC7.71%
2.3 Liquidity
GLBS has a Current Ratio of 1.53. This is a normal value and indicates that GLBS is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of GLBS (1.53) is better than 65.63% of its industry peers.
GLBS has a Quick Ratio of 1.50. This is a normal value and indicates that GLBS is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GLBS (1.50) is better than 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
GLBS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -92.31%.
GLBS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -72.55% yearly.
Looking at the last year, GLBS shows a quite strong growth in Revenue. The Revenue has grown by 11.73% in the last year.
GLBS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.42% yearly.
EPS 1Y (TTM)-92.31%
EPS 3Y-72.55%
EPS 5YN/A
EPS Q2Q%-600%
Revenue 1Y (TTM)11.73%
Revenue growth 3Y-7.02%
Revenue growth 5Y17.42%
Sales Q2Q%22.24%
3.2 Future
GLBS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 136.85% yearly.
Based on estimates for the next years, GLBS will show a very strong growth in Revenue. The Revenue will grow by 25.95% on average per year.
EPS Next Y-1018%
EPS Next 2Y136.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year29.18%
Revenue Next 2Y25.95%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 57.25 indicates a quite expensive valuation of GLBS.
Based on the Price/Earnings ratio, GLBS is valued a bit more expensive than the industry average as 71.88% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of GLBS to the average of the S&P500 Index (28.79), we can say GLBS is valued expensively.
GLBS is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.25 | ||
| Fwd PE | N/A |
4.2 Price Multiples
GLBS's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.66 |
4.3 Compensation for Growth
A more expensive valuation may be justified as GLBS's earnings are expected to grow with 136.85% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y136.85%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for GLBS!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.145
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners1.25%
Inst Owner Change-62.57%
Ins Owners1.63%
Ins Owner ChangeN/A
Market Cap23.56M
Analysts82.86
Price Target4.08 (256.33%)
Short Float %4.14%
Short Ratio21.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)30.83%
Min EPS beat(2)-8.93%
Max EPS beat(2)70.59%
EPS beat(4)3
Avg EPS beat(4)101.2%
Min EPS beat(4)-8.93%
Max EPS beat(4)292.16%
EPS beat(8)6
Avg EPS beat(8)77.38%
EPS beat(12)8
Avg EPS beat(12)40.24%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-6.01%
Min Revenue beat(2)-6.37%
Max Revenue beat(2)-5.65%
Revenue beat(4)1
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-6.37%
Max Revenue beat(4)19.61%
Revenue beat(8)3
Avg Revenue beat(8)-1.48%
Revenue beat(12)6
Avg Revenue beat(12)1.61%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-550%
EPS NY rev (1m)0%
EPS NY rev (3m)-350%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-17.05%
Revenue NY rev (1m)-9.88%
Revenue NY rev (3m)-9.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.25 | ||
| Fwd PE | N/A | ||
| P/S | 0.68 | ||
| P/FCF | N/A | ||
| P/OCF | 2.09 | ||
| P/B | 0.13 | ||
| P/tB | 0.13 | ||
| EV/EBITDA | 5.66 |
EPS(TTM)0.02
EY1.75%
EPS(NY)-0.18
Fwd EYN/A
FCF(TTM)-4.59
FCFYN/A
OCF(TTM)0.55
OCFY47.89%
SpS1.69
BVpS8.57
TBVpS8.57
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.13% | ||
| ROE | 0.24% | ||
| ROCE | 0.53% | ||
| ROIC | 0.39% | ||
| ROICexc | 0.46% | ||
| ROICexgc | 0.46% | ||
| OM | 4.32% | ||
| PM (TTM) | 1.24% | ||
| GM | 53.69% | ||
| FCFM | N/A |
ROA(3y)4.39%
ROA(5y)0.23%
ROE(3y)5.82%
ROE(5y)-2.72%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-65.33%
ROICexcg growth 5YN/A
ROICexc growth 3Y-65.33%
ROICexc growth 5YN/A
OM growth 3Y-52.91%
OM growth 5YN/A
PM growth 3Y-67.02%
PM growth 5YN/A
GM growth 3Y-6.01%
GM growth 5Y7.16%
F-Score5
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.18 | ||
| Cap/Depr | 1694.4% | ||
| Cap/Sales | 303.02% | ||
| Interest Coverage | 0.33 | ||
| Cash Conversion | 145.76% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | -0.18 |
F-Score5
WACC7.71%
ROIC/WACC0.05
Cap/Depr(3y)573.4%
Cap/Depr(5y)866.84%
Cap/Sales(3y)101.87%
Cap/Sales(5y)125.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-92.31%
EPS 3Y-72.55%
EPS 5YN/A
EPS Q2Q%-600%
EPS Next Y-1018%
EPS Next 2Y136.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.73%
Revenue growth 3Y-7.02%
Revenue growth 5Y17.42%
Sales Q2Q%22.24%
Revenue Next Year29.18%
Revenue Next 2Y25.95%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y175%
EBIT growth 3Y-56.21%
EBIT growth 5YN/A
EBIT Next Year275.61%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-1928.33%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y353.31%
OCF growth 3Y-18.37%
OCF growth 5Y121.85%