COSTAMARE INC (CMRE) Stock Fundamental Analysis
NYSE:CMRE - MHY1771G1026 - Common Stock
11.755 USD
+0.39 (+3.39%)
Overall CMRE gets a fundamental rating of 5 out of 10. We evaluated CMRE against 36 industry peers in the Marine Transportation industry. CMRE has only an average score on both its financial health and profitability. CMRE scores decently on growth, while it is valued quite cheap. This could make an interesting combination. CMRE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CMRE was profitable.
CMRE had a positive operating cash flow in the past year.
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's Return On Assets of 5.68% is fine compared to the rest of the industry. CMRE outperforms 69.44% of its industry peers.
CMRE has a better Return On Equity (11.27%) than 69.44% of its industry peers.
With a decent Return On Invested Capital value of 8.46%, CMRE is doing good in the industry, outperforming 72.22% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CMRE is in line with the industry average of 9.33%.
The last Return On Invested Capital (8.46%) for CMRE is above the 3 year average (7.95%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.68% | ||
| ROE | 11.27% | ||
| ROIC | 8.46% |
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
CMRE has a Profit Margin (14.19%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CMRE has remained more or less at the same level.
CMRE has a better Operating Margin (22.94%) than 63.89% of its industry peers.
CMRE's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 36.75%, CMRE is in line with its industry, outperforming 41.67% of the companies in the same industry.
In the last couple of years the Gross Margin of CMRE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.94% | ||
| PM (TTM) | 14.19% | ||
| GM | 36.75% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CMRE is destroying value.
Compared to 1 year ago, CMRE has more shares outstanding
The number of shares outstanding for CMRE has been increased compared to 5 years ago.
Compared to 1 year ago, CMRE has an improved debt to assets ratio.
2.2 Solvency
CMRE has an Altman-Z score of 1.49. This is a bad value and indicates that CMRE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.49, CMRE is in the better half of the industry, outperforming 69.44% of the companies in the same industry.
The Debt to FCF ratio of CMRE is 5.34, which is a neutral value as it means it would take CMRE, 5.34 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 5.34, CMRE is doing good in the industry, outperforming 69.44% of the companies in the same industry.
CMRE has a Debt/Equity ratio of 0.64. This is a neutral value indicating CMRE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.64, CMRE is in line with its industry, outperforming 44.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 5.34 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.93
WACC9.06%
2.3 Liquidity
CMRE has a Current Ratio of 1.55. This is a normal value and indicates that CMRE is financially healthy and should not expect problems in meeting its short term obligations.
CMRE's Current ratio of 1.55 is in line compared to the rest of the industry. CMRE outperforms 50.00% of its industry peers.
CMRE has a Quick Ratio of 1.47. This is a normal value and indicates that CMRE is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of CMRE (1.47) is better than 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.47 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.27% over the past year.
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.
CMRE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 34.24% yearly.
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 -6.08% 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 -23.97% on average per year.
EPS Next Y3.84%
EPS Next 2Y5.8%
EPS Next 3Y-6.08%
EPS Next 5YN/A
Revenue Next Year-45.06%
Revenue Next 2Y-29.75%
Revenue Next 3Y-23.97%
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
Based on the Price/Earnings ratio of 4.27, the valuation of CMRE can be described as very cheap.
Based on the Price/Earnings ratio, CMRE is valued cheaper than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.76, CMRE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.79, the valuation of CMRE can be described as very cheap.
Based on the Price/Forward Earnings ratio, CMRE is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
CMRE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.91.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.27 | ||
| Fwd PE | 3.79 |
4.2 Price Multiples
CMRE's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. CMRE is cheaper than 72.22% of the companies in the same industry.
CMRE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CMRE is cheaper than 86.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.73 | ||
| EV/EBITDA | 3.96 |
4.3 Compensation for Growth
CMRE's 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 -6.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.11
PEG (5Y)0.17
EPS Next 2Y5.8%
EPS Next 3Y-6.08%
5. Dividend
5.1 Amount
CMRE has a Yearly Dividend Yield of 8.22%, which is a nice return.
Compared to an average industry Dividend Yield of 7.05, CMRE pays a better dividend. On top of this CMRE pays more dividend than 88.89% of the companies listed in the same industry.
CMRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.22% |
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 26.19% of its income as dividend. This is a sustainable payout ratio.
DP26.19%
EPS Next 2Y5.8%
EPS Next 3Y-6.08%
NYSE:CMRE (8/22/2025, 12:30:51 PM)
11.755
+0.39 (+3.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners28.47%
Inst Owner Change-15.28%
Ins Owners63.53%
Ins Owner ChangeN/A
Market Cap1.41B
Analysts45.71
Price Target10.35 (-11.95%)
Short Float %3.29%
Short Ratio2.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.22% |
Yearly Dividend0.62
Dividend Growth(5Y)3.69%
DP26.19%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.1%
Min EPS beat(2)4.07%
Max EPS beat(2)16.12%
EPS beat(4)4
Avg EPS beat(4)7.49%
Min EPS beat(4)4.07%
Max EPS beat(4)16.12%
EPS beat(8)7
Avg EPS beat(8)5.32%
EPS beat(12)9
Avg EPS beat(12)1.73%
EPS beat(16)11
Avg EPS beat(16)0.95%
Revenue beat(2)2
Avg Revenue beat(2)9.46%
Min Revenue beat(2)4.66%
Max Revenue beat(2)14.26%
Revenue beat(4)4
Avg Revenue beat(4)24.33%
Min Revenue beat(4)4.66%
Max Revenue beat(4)47.91%
Revenue beat(8)8
Avg Revenue beat(8)27.84%
Revenue beat(12)10
Avg Revenue beat(12)18.58%
Revenue beat(16)11
Avg Revenue beat(16)13.76%
PT rev (1m)1.5%
PT rev (3m)-7.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)7.2%
EPS NY rev (1m)0%
EPS NY rev (3m)12.13%
Revenue NQ rev (1m)-50.8%
Revenue NQ rev (3m)-50.8%
Revenue NY rev (1m)-0.74%
Revenue NY rev (3m)-28.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.27 | ||
| Fwd PE | 3.79 | ||
| P/S | 0.69 | ||
| P/FCF | 3.73 | ||
| P/OCF | 2.6 | ||
| P/B | 0.55 | ||
| P/tB | 0.55 | ||
| EV/EBITDA | 3.96 |
EPS(TTM)2.75
EY23.39%
EPS(NY)3.1
Fwd EY26.38%
FCF(TTM)3.16
FCFY26.84%
OCF(TTM)4.51
OCFY38.39%
SpS17.08
BVpS21.51
TBVpS21.51
PEG (NY)1.11
PEG (5Y)0.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.68% | ||
| ROE | 11.27% | ||
| ROCE | 10.71% | ||
| ROIC | 8.46% | ||
| ROICexc | 10.39% | ||
| ROICexgc | 10.39% | ||
| OM | 22.94% | ||
| PM (TTM) | 14.19% | ||
| GM | 36.75% | ||
| FCFM | 18.47% |
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%
ROICexcg growth 3Y6.65%
ROICexcg 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-Score5
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 5.34 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 98.71% | ||
| Cap/Sales | 7.95% | ||
| Interest Coverage | 3.37 | ||
| Cash Conversion | 85.24% | ||
| Profit Quality | 130.19% | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.47 | ||
| Altman-Z | 1.49 |
F-Score5
WACC9.06%
ROIC/WACC0.93
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 Y3.84%
EPS Next 2Y5.8%
EPS Next 3Y-6.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.83%
Revenue growth 3Y37.96%
Revenue growth 5Y34.24%
Sales Q2Q%-54.37%
Revenue Next Year-45.06%
Revenue Next 2Y-29.75%
Revenue Next 3Y-23.97%
Revenue Next 5YN/A
EBIT growth 1Y19.73%
EBIT growth 3Y5.46%
EBIT growth 5Y18.54%
EBIT Next Year32.9%
EBIT Next 3Y3.29%
EBIT Next 5YN/A
FCF growth 1Y-15.34%
FCF growth 3YN/A
FCF growth 5Y13.61%
OCF growth 1Y16.83%
OCF growth 3Y4.85%
OCF growth 5Y16.52%