COSTAMARE INC (CMRE) Stock Fundamental Analysis
USA - NYSE:CMRE - MHY1771G1026 - Common Stock
12.1388 USD
+0.05 (+0.4%)
Taking everything into account, CMRE scores 5 out of 10 in our fundamental rating. CMRE was compared to 35 industry peers in the Marine Transportation industry. CMRE has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on CMRE.
1. Profitability
1.1 Basic Checks
CMRE had positive earnings in the past year.
In the past year CMRE had a positive cash flow from operations.
Of the past 5 years CMRE 4 years were profitable.
In the past 5 years CMRE always reported a positive cash flow from operatings.
1.2 Ratios
CMRE has a better Return On Assets (7.59%) than 77.14% of its industry peers.
CMRE's Return On Equity of 14.56% is fine compared to the rest of the industry. CMRE outperforms 80.00% of its industry peers.
With a decent Return On Invested Capital value of 10.68%, CMRE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
CMRE had an Average Return On Invested Capital over the past 3 years of 7.95%. This is significantly below the industry average of 18.84%.
The last Return On Invested Capital (10.68%) for CMRE is above the 3 year average (7.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.59% | ||
| ROE | 14.56% | ||
| ROIC | 10.68% |
ROA(3y)7.68%
ROA(5y)6.3%
ROE(3y)16.9%
ROE(5y)14.5%
ROIC(3y)7.95%
ROIC(5y)7.33%
1.3 Margins
With a decent Profit Margin value of 16.14%, CMRE is doing good in the industry, outperforming 71.43% of the companies in the same industry.
CMRE's Profit Margin has been stable in the last couple of years.
CMRE has a better Operating Margin (25.94%) than 71.43% of its industry peers.
CMRE's Operating Margin has declined in the last couple of years.
CMRE has a Gross Margin of 40.90%. This is comparable to the rest of the industry: CMRE outperforms 42.86% of its industry peers.
In the last couple of years the Gross Margin of CMRE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.94% | ||
| PM (TTM) | 16.14% | ||
| GM | 40.9% |
OM growth 3Y-23.56%
OM growth 5Y-11.69%
PM growth 3Y-35.05%
PM growth 5Y-0.3%
GM growth 3Y-21.64%
GM growth 5Y-13.44%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMRE is still creating some value.
CMRE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CMRE has more shares outstanding
The debt/assets ratio for CMRE has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.71, we must say that CMRE is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.71, CMRE is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
CMRE has a debt to FCF ratio of 3.79. This is a good value and a sign of high solvency as CMRE would need 3.79 years to pay back of all of its debts.
The Debt to FCF ratio of CMRE (3.79) is better than 77.14% of its industry peers.
A Debt/Equity ratio of 0.67 indicates that CMRE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.67, CMRE is doing worse than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 3.79 | ||
| Altman-Z | 1.71 |
ROIC/WACC1.15
WACC9.27%
2.3 Liquidity
CMRE has a Current Ratio of 1.68. This is a normal value and indicates that CMRE is financially healthy and should not expect problems in meeting its short term obligations.
CMRE has a Current ratio of 1.68. This is comparable to the rest of the industry: CMRE outperforms 60.00% of its industry peers.
A Quick Ratio of 1.64 indicates that CMRE should not have too much problems paying its short term obligations.
The Quick ratio of CMRE (1.64) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.64 |
3. Growth
3.1 Past
CMRE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.27%, which is quite good.
The Earnings Per Share has been growing by 24.66% on average over the past years. This is a very strong growth
Looking at the last year, CMRE shows a decrease in Revenue. The Revenue has decreased by -6.83% in the last year.
Measured over the past years, CMRE shows a very strong growth in Revenue. The Revenue has been growing by 34.24% on average per year.
EPS 1Y (TTM)8.27%
EPS 3Y5.63%
EPS 5Y24.66%
EPS Q2Q%0%
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y37.96%
Revenue growth 5Y34.24%
Sales Q2Q%-54.37%
3.2 Future
Based on estimates for the next years, CMRE will show a decrease in Earnings Per Share. The EPS will decrease by -5.25% on average per year.
Based on estimates for the next years, CMRE will show a very negative growth in Revenue. The Revenue will decrease by -25.86% on average per year.
EPS Next Y3.66%
EPS Next 2Y0.08%
EPS Next 3Y-5.25%
EPS Next 5YN/A
Revenue Next Year-39.71%
Revenue Next 2Y-34.01%
Revenue Next 3Y-25.86%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 4.41, which indicates a rather cheap valuation of CMRE.
Based on the Price/Earnings ratio, CMRE is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
CMRE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.19.
The Price/Forward Earnings ratio is 4.38, which indicates a rather cheap valuation of CMRE.
Based on the Price/Forward Earnings ratio, CMRE is valued cheaper than 85.71% of the companies in the same industry.
CMRE is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.50, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.41 | ||
| Fwd PE | 4.38 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMRE is valued a bit cheaper than 68.57% of the companies in the same industry.
85.71% of the companies in the same industry are more expensive than CMRE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.48 | ||
| EV/EBITDA | 4.09 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of CMRE may justify a higher PE ratio.
CMRE's earnings are expected to decrease with -5.25% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.21
PEG (5Y)0.18
EPS Next 2Y0.08%
EPS Next 3Y-5.25%
5. Dividend
5.1 Amount
CMRE has a Yearly Dividend Yield of 3.81%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.34, CMRE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, CMRE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
5.2 History
The dividend of CMRE has a limited annual growth rate of 3.69%.
CMRE has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CMRE decreased recently.
Dividend Growth(5Y)3.69%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
CMRE pays out 27.58% of its income as dividend. This is a sustainable payout ratio.
DP27.58%
EPS Next 2Y0.08%
EPS Next 3Y-5.25%
NYSE:CMRE (10/31/2025, 12:02:11 PM)
12.1388
+0.05 (+0.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners28.38%
Inst Owner Change-7.3%
Ins Owners63.37%
Ins Owner ChangeN/A
Market Cap1.46B
Revenue(TTM)1.76B
Net Income(TTM)283.63M
Analysts45.71
Price Target10.35 (-14.74%)
Short Float %3.17%
Short Ratio2.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
Yearly Dividend0.62
Dividend Growth(5Y)3.69%
DP27.58%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.4%
Min EPS beat(2)12.67%
Max EPS beat(2)16.12%
EPS beat(4)4
Avg EPS beat(4)9.26%
Min EPS beat(4)4.07%
Max EPS beat(4)16.12%
EPS beat(8)7
Avg EPS beat(8)5.92%
EPS beat(12)9
Avg EPS beat(12)2.14%
EPS beat(16)11
Avg EPS beat(16)1.31%
Revenue beat(2)2
Avg Revenue beat(2)3.19%
Min Revenue beat(2)1.73%
Max Revenue beat(2)4.66%
Revenue beat(4)4
Avg Revenue beat(4)12.79%
Min Revenue beat(4)1.73%
Max Revenue beat(4)30.49%
Revenue beat(8)8
Avg Revenue beat(8)23.07%
Revenue beat(12)11
Avg Revenue beat(12)19.13%
Revenue beat(16)12
Avg Revenue beat(16)13.97%
PT rev (1m)0%
PT rev (3m)1.5%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.44%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.18%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-54.07%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.41 | ||
| Fwd PE | 4.38 | ||
| P/S | 0.83 | ||
| P/FCF | 3.48 | ||
| P/OCF | 2.69 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 4.09 |
EPS(TTM)2.75
EY22.65%
EPS(NY)2.77
Fwd EY22.86%
FCF(TTM)3.49
FCFY28.72%
OCF(TTM)4.52
OCFY37.21%
SpS14.61
BVpS16.2
TBVpS16.2
PEG (NY)1.21
PEG (5Y)0.18
Graham Number31.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.59% | ||
| ROE | 14.56% | ||
| ROCE | 13.52% | ||
| ROIC | 10.68% | ||
| ROICexc | 12.59% | ||
| ROICexgc | 12.59% | ||
| OM | 25.94% | ||
| PM (TTM) | 16.14% | ||
| GM | 40.9% | ||
| FCFM | 23.86% |
ROA(3y)7.68%
ROA(5y)6.3%
ROE(3y)16.9%
ROE(5y)14.5%
ROIC(3y)7.95%
ROIC(5y)7.33%
ROICexc(3y)9.69%
ROICexc(5y)8.54%
ROICexgc(3y)9.69%
ROICexgc(5y)8.54%
ROCE(3y)10.06%
ROCE(5y)9.27%
ROICexgc growth 3Y6.65%
ROICexgc growth 5Y10.82%
ROICexc growth 3Y6.65%
ROICexc growth 5Y10.82%
OM growth 3Y-23.56%
OM growth 5Y-11.69%
PM growth 3Y-35.05%
PM growth 5Y-0.3%
GM growth 3Y-21.64%
GM growth 5Y-13.44%
F-Score8
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 3.79 | ||
| Debt/EBITDA | 2.17 | ||
| Cap/Depr | 84.58% | ||
| Cap/Sales | 7.06% | ||
| Interest Coverage | 3.78 | ||
| Cash Conversion | 90.18% | ||
| Profit Quality | 147.81% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.64 | ||
| Altman-Z | 1.71 |
F-Score8
WACC9.27%
ROIC/WACC1.15
Cap/Depr(3y)65.92%
Cap/Depr(5y)203.13%
Cap/Sales(3y)6.59%
Cap/Sales(5y)33.38%
Profit Quality(3y)97.26%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.27%
EPS 3Y5.63%
EPS 5Y24.66%
EPS Q2Q%0%
EPS Next Y3.66%
EPS Next 2Y0.08%
EPS Next 3Y-5.25%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y37.96%
Revenue growth 5Y34.24%
Sales Q2Q%-54.37%
Revenue Next Year-39.71%
Revenue Next 2Y-34.01%
Revenue Next 3Y-25.86%
Revenue Next 5YN/A
EBIT growth 1Y5.8%
EBIT growth 3Y5.46%
EBIT growth 5Y18.54%
EBIT Next Year32.9%
EBIT Next 3Y3.29%
EBIT Next 5YN/A
FCF growth 1Y18.6%
FCF growth 3YN/A
FCF growth 5Y13.61%
OCF growth 1Y46.91%
OCF growth 3Y4.85%
OCF growth 5Y16.52%
COSTAMARE INC / CMRE FAQ
What is the ChartMill fundamental rating of COSTAMARE INC (CMRE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to CMRE.
What is the valuation status of COSTAMARE INC (CMRE) stock?
ChartMill assigns a valuation rating of 8 / 10 to COSTAMARE INC (CMRE). This can be considered as Undervalued.
How profitable is COSTAMARE INC (CMRE) stock?
COSTAMARE INC (CMRE) has a profitability rating of 6 / 10.
What is the valuation of COSTAMARE INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for COSTAMARE INC (CMRE) is 4.41 and the Price/Book (PB) ratio is 0.75.
How sustainable is the dividend of COSTAMARE INC (CMRE) stock?
The dividend rating of COSTAMARE INC (CMRE) is 7 / 10 and the dividend payout ratio is 27.58%.