COSTAMARE INC (CMRE) Stock Fundamental Analysis
USA - NYSE:CMRE - MHY1771G1026 - Common Stock
12.32 USD
+0.08 (+0.65%)
We assign a fundamental rating of 5 out of 10 to CMRE. CMRE was compared to 35 industry peers in the Marine Transportation industry. Both the profitability and the financial health of CMRE get a neutral evaluation. Nothing too spectacular is happening here. 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.
CMRE had a positive operating cash flow in the past year.
Of the past 5 years CMRE 4 years were profitable.
Each year in the past 5 years CMRE had a positive operating cash flow.
1.2 Ratios
CMRE has a better Return On Assets (5.68%) than 74.29% of its industry peers.
CMRE has a better Return On Equity (11.27%) than 71.43% of its industry peers.
CMRE's Return On Invested Capital of 8.46% is fine compared to the rest of the industry. CMRE outperforms 74.29% of its industry peers.
CMRE had an Average Return On Invested Capital over the past 3 years of 7.95%. This is in line with the industry average of 7.67%.
The 3 year average ROIC (7.95%) for CMRE is below the current ROIC(8.46%), indicating increased profibility in the last year.
| 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 better Profit Margin (14.19%) than 65.71% of its industry peers.
CMRE's Profit Margin has been stable in the last couple of years.
CMRE has a better Operating Margin (22.94%) than 65.71% of its industry peers.
CMRE's Operating Margin has declined in the last couple of years.
CMRE's Gross Margin of 36.75% is in line compared to the rest of the industry. CMRE outperforms 42.86% of its industry peers.
CMRE's Gross Margin has declined in the last couple of years.
| 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
Compared to 5 years ago, CMRE has more shares outstanding
Compared to 1 year ago, CMRE has an improved debt to assets ratio.
2.2 Solvency
CMRE has an Altman-Z score of 1.52. This is a bad value and indicates that CMRE is not financially healthy and even has some risk of bankruptcy.
CMRE has a Altman-Z score of 1.52. This is in the better half of the industry: CMRE outperforms 68.57% of its industry peers.
CMRE has a debt to FCF ratio of 5.34. This is a neutral value as CMRE would need 5.34 years to pay back of all of its debts.
The Debt to FCF ratio of CMRE (5.34) is better than 65.71% of its industry peers.
CMRE has a Debt/Equity ratio of 0.64. This is a neutral value indicating CMRE is somewhat dependend on debt financing.
CMRE has a worse Debt to Equity ratio (0.64) than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.64 | ||
| Debt/FCF | 5.34 | ||
| Altman-Z | 1.52 |
ROIC/WACC0.91
WACC9.29%
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 has a Current ratio (1.55) which is comparable to the rest of the industry.
A Quick Ratio of 1.47 indicates that CMRE should not have too much problems paying its short term obligations.
CMRE has a Quick ratio (1.47) which is in line with 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
The Revenue has decreased by -6.83% in the past 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.
CMRE is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -25.85% yearly.
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-33.99%
Revenue Next 3Y-25.85%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 4.48, the valuation of CMRE can be described as very cheap.
Based on the Price/Earnings ratio, CMRE is valued a bit cheaper than 80.00% of the companies in the same industry.
CMRE's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.43.
With a Price/Forward Earnings ratio of 4.44, the valuation of CMRE can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CMRE indicates a rather cheap valuation: CMRE is cheaper than 82.86% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.87. CMRE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.48 | ||
| Fwd PE | 4.44 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMRE is valued a bit cheaper than the industry average as 65.71% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CMRE indicates a somewhat cheap valuation: CMRE is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.9 | ||
| EV/EBITDA | 4.13 |
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 -5.25% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.23
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 3.85%. Purely for dividend investing, there may be better candidates out there.
CMRE's Dividend Yield is a higher than the industry average which is at 6.75.
CMRE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
5.2 History
The dividend of CMRE has a limited annual growth rate of 3.69%.
CMRE has been paying a dividend for at least 10 years, so it has 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 2Y0.08%
EPS Next 3Y-5.25%
NYSE:CMRE (9/12/2025, 11:07:42 AM)
12.32
+0.08 (+0.65%)
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 Cap1.48B
Analysts45.71
Price Target10.35 (-15.99%)
Short Float %2.86%
Short Ratio2.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
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)0%
PT rev (3m)-7.73%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)15.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-50.8%
Revenue NY rev (1m)9.73%
Revenue NY rev (3m)-21.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.48 | ||
| Fwd PE | 4.44 | ||
| P/S | 0.72 | ||
| P/FCF | 3.9 | ||
| P/OCF | 2.73 | ||
| P/B | 0.57 | ||
| P/tB | 0.57 | ||
| EV/EBITDA | 4.13 |
EPS(TTM)2.75
EY22.32%
EPS(NY)2.77
Fwd EY22.52%
FCF(TTM)3.16
FCFY25.61%
OCF(TTM)4.51
OCFY36.63%
SpS17.08
BVpS21.51
TBVpS21.51
PEG (NY)1.23
PEG (5Y)0.18
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 | 1.52 |
F-Score5
WACC9.29%
ROIC/WACC0.91
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-33.99%
Revenue Next 3Y-25.85%
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%