CASTOR MARITIME INC (CTRM)
MHY1146L2082 - Common Stock
We assign a fundamental rating of 4 out of 10 to CTRM. CTRM was compared to 29 industry peers in the Marine Transportation industry. CTRM has an excellent financial health rating, but there are some minor concerns on its profitability. CTRM has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CTRM has reported negative net income.
CTRM had a positive operating cash flow in the past year.
Of the past 5 years CTRM 4 years were profitable.
CTRM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.11%, CTRM is doing good in the industry, outperforming 65.52% of the companies in the same industry.
Looking at the Return On Equity, with a value of 7.24%, CTRM is in line with its industry, outperforming 48.28% of the companies in the same industry.
CTRM has a Return On Invested Capital of 2.14%. This is in the lower half of the industry: CTRM underperforms 68.97% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CTRM is in line with the industry average of 7.90%.
The 3 year average ROIC (9.72%) for CTRM is well above the current ROIC(2.14%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.11% | ||
| ROE | 7.24% | ||
| ROIC | 2.14% |
ROA(3y)11.2%
ROA(5y)6.96%
ROE(3y)14.92%
ROE(5y)9.93%
ROIC(3y)9.72%
ROIC(5y)6.76%
1.3 Margins
With a decent Profit Margin value of 37.93%, CTRM is doing good in the industry, outperforming 75.86% of the companies in the same industry.
CTRM's Profit Margin has improved in the last couple of years.
CTRM has a Operating Margin (16.02%) which is comparable to the rest of the industry.
CTRM's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 57.02%, CTRM is in line with its industry, outperforming 58.62% of the companies in the same industry.
CTRM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.02% | ||
| PM (TTM) | 37.93% | ||
| GM | 57.02% |
OM growth 3Y58.81%
OM growth 5Y-17.95%
PM growth 3YN/A
PM growth 5Y2.11%
GM growth 3Y12.54%
GM growth 5Y-2.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CTRM is still creating some value.
Compared to 1 year ago, CTRM has less shares outstanding
CTRM has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CTRM has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.31, we must say that CTRM is in the distress zone and has some risk of bankruptcy.
CTRM has a Altman-Z score of 1.31. This is comparable to the rest of the industry: CTRM outperforms 51.72% of its industry peers.
The Debt to FCF ratio of CTRM is 1.99, which is an excellent value as it means it would take CTRM, only 1.99 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CTRM (1.99) is better than 86.21% of its industry peers.
CTRM has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CTRM (0.13) is better than 82.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.99 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.28
WACC7.65%
2.3 Liquidity
CTRM has a Current Ratio of 8.47. This indicates that CTRM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.47, CTRM belongs to the top of the industry, outperforming 93.10% of the companies in the same industry.
CTRM has a Quick Ratio of 8.44. This indicates that CTRM is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 8.44, CTRM belongs to the top of the industry, outperforming 93.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.47 | ||
| Quick Ratio | 8.44 |
3. Growth
3.1 Past
CTRM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -100.19%.
The earnings per share for CTRM have been decreasing by -23.16% on average. This is quite bad
The Revenue for CTRM has decreased by -55.57% in the past year. This is quite bad
The Revenue has been growing by 85.79% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-100.19%
EPS 3YN/A
EPS 5Y-23.16%
EPS growth Q2Q11.72%
Revenue 1Y (TTM)-55.57%
Revenue growth 3Y98.33%
Revenue growth 5Y85.79%
Revenue growth Q2Q-61.97%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CTRM is valued cheaper than 96.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.7 | ||
| EV/EBITDA | -4.03 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
CTRM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
CASTOR MARITIME INC
NASDAQ:CTRM (5/1/2024, 7:00:01 PM)
After market: 3.04 +0 (+0.16%)3.035
-0.09 (-3.04%)
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 Cap29.32M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| 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)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.11% | ||
| ROE | 7.24% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 16.02% | ||
| PM (TTM) | 37.93% | ||
| GM | 57.02% | ||
| 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 Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 8.47 | ||
| Quick Ratio | 8.44 | ||
| 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)
Growth
EPS 1Y (TTM)-100.19%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-55.57%
Revenue growth 3Y98.33%
Revenue growth 5Y
Revenue growth 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
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y