UNITED MARITIME CORP (USEA)
MHY923351016 - Common Stock
Overall USEA gets a fundamental rating of 3 out of 10. We evaluated USEA against 27 industry peers in the Marine Transportation industry. USEA may be in some trouble as it scores bad on both profitability and health. USEA is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year USEA was profitable.
In the past year USEA has reported a negative cash flow from operations.
Of the past 5 years USEA 4 years were profitable.
In multiple years USEA reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of 4.22%, USEA is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
With a Return On Equity value of 11.27%, USEA perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 2.75%, USEA is doing worse than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 11.27% | ||
| ROIC | 2.75% |
ROA(3y)14.73%
ROA(5y)N/A
ROE(3y)28.5%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
USEA has a Profit Margin (15.63%) which is in line with its industry peers.
In the last couple of years the Profit Margin of USEA has declined.
Looking at the Operating Margin, with a value of 8.01%, USEA is doing worse than 76.92% of the companies in the same industry.
Looking at the Gross Margin, with a value of 48.02%, USEA is in line with its industry, outperforming 42.31% of the companies in the same industry.
In the last couple of years the Gross Margin of USEA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.01% | ||
| PM (TTM) | 15.63% | ||
| GM | 48.02% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-76.36%
PM growth 5YN/A
GM growth 3Y-10.63%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), USEA is destroying value.
The number of shares outstanding for USEA has been increased compared to 1 year ago.
Compared to 1 year ago, USEA has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.41, we must say that USEA is in the distress zone and has some risk of bankruptcy.
USEA has a Altman-Z score of 0.41. This is in the lower half of the industry: USEA underperforms 73.08% of its industry peers.
USEA has a Debt/Equity ratio of 0.66. This is a neutral value indicating USEA is somewhat dependend on debt financing.
The Debt to Equity ratio of USEA (0.66) is worse than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.41 |
ROIC/WACC0.45
WACC6.07%
2.3 Liquidity
A Current Ratio of 0.47 indicates that USEA may have some problems paying its short term obligations.
With a Current ratio value of 0.47, USEA is not doing good in the industry: 96.15% of the companies in the same industry are doing better.
USEA has a Quick Ratio of 0.47. This is a bad value and indicates that USEA is not financially healthy enough and could expect problems in meeting its short term obligations.
USEA has a worse Quick ratio (0.46) than 96.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
USEA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -84.25%.
The earnings per share for USEA have been decreasing by -72.44% on average. This is quite bad
Looking at the last year, USEA shows a very strong growth in Revenue. The Revenue has grown by 38.47%.
The Revenue has been growing by 106.10% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-84.25%
EPS 3Y-72.44%
EPS 5YN/A
EPS Q2Q%118.74%
Revenue 1Y (TTM)38.47%
Revenue growth 3Y106.1%
Revenue growth 5YN/A
Sales Q2Q%24.31%
3.2 Future
The Earnings Per Share is expected to grow by 258.61% on average over the next years. This is a very strong growth
USEA is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 23.35% yearly.
EPS Next Y441.47%
EPS Next 2Y258.61%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year36.03%
Revenue Next 2Y23.35%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 2.83, the valuation of USEA can be described as very cheap.
USEA's Price/Earnings ratio is a bit cheaper when compared to the industry. USEA is cheaper than 73.08% of the companies in the same industry.
When comparing the Price/Earnings ratio of USEA to the average of the S&P500 Index (28.65), we can say USEA is valued rather cheaply.
USEA is valuated reasonably with a Price/Forward Earnings ratio of 10.94.
The rest of the industry has a similar Price/Forward Earnings ratio as USEA.
USEA is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.83 | ||
| Fwd PE | 10.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of USEA indicates a slightly more expensive valuation: USEA is more expensive than 73.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 8.01 |
4.3 Compensation for Growth
USEA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
USEA's earnings are expected to grow with 258.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.01
PEG (5Y)N/A
EPS Next 2Y258.61%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 13.82%, USEA is a good candidate for dividend investing.
USEA's Dividend Yield is rather good when compared to the industry average which is at 7.49. USEA pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, USEA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.82% |
5.2 History
USEA is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y258.61%
EPS Next 3YN/A
UNITED MARITIME CORP
NASDAQ:USEA (11/20/2024, 8:00:02 PM)
2.12
-0.05 (-2.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap19.10M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.82% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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PT rev (1m)
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EPS NQ rev (1m)
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.83 | ||
| Fwd PE | 10.94 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.01
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.22% | ||
| ROE | 11.27% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 8.01% | ||
| PM (TTM) | 15.63% | ||
| GM | 48.02% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.66 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.47 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-84.25%
EPS 3Y-72.44%
EPS 5Y
EPS Q2Q%
EPS Next Y441.47%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)38.47%
Revenue growth 3Y106.1%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
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