Logo image of GLBS

GLOBUS MARITIME LIMITED (GLBS) Stock Fundamental Analysis

NASDAQ:GLBS - MHY272651263 - Common Stock

1.04 USD
-0.01 (-0.95%)
Last: 8/22/2025, 11:58:18 AM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to GLBS. GLBS was compared to 36 industry peers in the Marine Transportation industry. GLBS has a bad profitability rating. Also its financial health evaluation is rather negative. GLBS is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

GLBS had negative earnings in the past year.
GLBS had a positive operating cash flow in the past year.
Of the past 5 years GLBS 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: GLBS reported negative operating cash flow in multiple years.
GLBS Yearly Net Income VS EBIT VS OCF VS FCFGLBS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M -40M -60M -80M

1.2 Ratios

The Return On Assets of GLBS (-0.24%) is worse than 72.22% of its industry peers.
GLBS has a worse Return On Equity (-0.43%) than 72.22% of its industry peers.
Industry RankSector Rank
ROA -0.24%
ROE -0.43%
ROIC N/A
ROA(3y)4.39%
ROA(5y)0.23%
ROE(3y)5.82%
ROE(5y)-2.72%
ROIC(3y)N/A
ROIC(5y)N/A
GLBS Yearly ROA, ROE, ROICGLBS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300

1.3 Margins

In the last couple of years the Profit Margin of GLBS has declined.
In the last couple of years the Operating Margin of GLBS has declined.
With a Gross Margin value of 49.97%, GLBS perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
In the last couple of years the Gross Margin of GLBS has grown nicely.
GLBS does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 49.97%
OM growth 3Y-52.91%
OM growth 5YN/A
PM growth 3Y-67.02%
PM growth 5YN/A
GM growth 3Y-6.01%
GM growth 5Y7.16%
GLBS Yearly Profit, Operating, Gross MarginsGLBS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200

More info and screens

3

2. Health

2.1 Basic Checks

GLBS does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for GLBS remains at a similar level compared to 1 year ago.
GLBS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GLBS is higher compared to a year ago.
GLBS Yearly Shares OutstandingGLBS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
GLBS Yearly Total Debt VS Total AssetsGLBS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2.2 Solvency

GLBS has an Altman-Z score of -0.19. This is a bad value and indicates that GLBS is not financially healthy and even has some risk of bankruptcy.
GLBS has a Altman-Z score of -0.19. This is in the lower half of the industry: GLBS underperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that GLBS is not too dependend on debt financing.
GLBS has a Debt to Equity ratio of 0.43. This is in the better half of the industry: GLBS outperforms 63.89% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF N/A
Altman-Z -0.19
ROIC/WACCN/A
WACC7.56%
GLBS Yearly LT Debt VS Equity VS FCFGLBS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

2.3 Liquidity

A Current Ratio of 1.70 indicates that GLBS should not have too much problems paying its short term obligations.
The Current ratio of GLBS (1.70) is better than 66.67% of its industry peers.
A Quick Ratio of 1.65 indicates that GLBS should not have too much problems paying its short term obligations.
GLBS has a Quick ratio of 1.65. This is in the better half of the industry: GLBS outperforms 66.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.7
Quick Ratio 1.65
GLBS Yearly Current Assets VS Current LiabilitesGLBS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

More info and screens

4

3. Growth

3.1 Past

GLBS shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -133.33%.
Measured over the past years, GLBS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -72.55% on average per year.
GLBS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.91%.
Measured over the past years, GLBS shows a quite strong growth in Revenue. The Revenue has been growing by 17.42% on average per year.
EPS 1Y (TTM)-133.33%
EPS 3Y-72.55%
EPS 5YN/A
EPS Q2Q%-600%
Revenue 1Y (TTM)17.91%
Revenue growth 3Y-7.02%
Revenue growth 5Y17.42%
Sales Q2Q%11.75%

3.2 Future

GLBS is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -270.54% yearly.
GLBS is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.03% yearly.
EPS Next Y-2650%
EPS Next 2Y-270.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.7%
Revenue Next 2Y14.03%
Revenue Next 3YN/A
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 stable: in the next years the growth will be about the same than in the last years.
GLBS Yearly Revenue VS EstimatesGLBS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20M 40M 60M
GLBS Yearly EPS VS EstimatesGLBS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2021 2022 2023 2024 2025 2026 0 500 1K 1.5K

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

GLBS reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for GLBS. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
GLBS Price Earnings VS Forward Price EarningsGLBS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20

4.2 Price Multiples

69.44% of the companies in the same industry are more expensive than GLBS, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.59
GLBS Per share dataGLBS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6 8

4.3 Compensation for Growth

GLBS's earnings are expected to decrease with -270.54% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-270.54%
EPS Next 3YN/A

More info and screens

0

5. Dividend

5.1 Amount

No dividends for GLBS!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

GLOBUS MARITIME LIMITED

NASDAQ:GLBS (8/22/2025, 11:58:18 AM)

1.04

-0.01 (-0.95%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)06-16 2025-06-16/amc
Earnings (Next)09-10 2025-09-10
Inst Owners7.16%
Inst Owner Change-16.49%
Ins Owners1.67%
Ins Owner ChangeN/A
Market Cap21.40M
Analysts82.86
Price Target3.06 (194.23%)
Short Float %3.44%
Short Ratio11.51
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.41%
Min EPS beat(2)-8.93%
Max EPS beat(2)23.75%
EPS beat(4)3
Avg EPS beat(4)94.39%
Min EPS beat(4)-8.93%
Max EPS beat(4)292.16%
EPS beat(8)6
Avg EPS beat(8)56.46%
EPS beat(12)8
Avg EPS beat(12)38.92%
EPS beat(16)11
Avg EPS beat(16)63.76%
Revenue beat(2)0
Avg Revenue beat(2)-13.7%
Min Revenue beat(2)-21.03%
Max Revenue beat(2)-6.37%
Revenue beat(4)1
Avg Revenue beat(4)-3.36%
Min Revenue beat(4)-21.03%
Max Revenue beat(4)19.61%
Revenue beat(8)2
Avg Revenue beat(8)-8.3%
Revenue beat(12)5
Avg Revenue beat(12)-0.99%
Revenue beat(16)8
Avg Revenue beat(16)3.42%
PT rev (1m)-25%
PT rev (3m)-25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-500%
EPS NY rev (1m)0%
EPS NY rev (3m)-177.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-26.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-21.27%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.6
P/FCF N/A
P/OCF 2
P/B 0.12
P/tB 0.12
EV/EBITDA 4.59
EPS(TTM)-0.04
EYN/A
EPS(NY)-0.23
Fwd EYN/A
FCF(TTM)-3.66
FCFYN/A
OCF(TTM)0.52
OCFY49.98%
SpS1.74
BVpS8.5
TBVpS8.5
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.24%
ROE -0.43%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 49.97%
FCFM N/A
ROA(3y)4.39%
ROA(5y)0.23%
ROE(3y)5.82%
ROE(5y)-2.72%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-52.91%
OM growth 5YN/A
PM growth 3Y-67.02%
PM growth 5YN/A
GM growth 3Y-6.01%
GM growth 5Y7.16%
F-Score4
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 0.43
Debt/FCF N/A
Debt/EBITDA 10.23
Cap/Depr 1156.82%
Cap/Sales 240.44%
Interest Coverage N/A
Cash Conversion 144.22%
Profit Quality N/A
Current Ratio 1.7
Quick Ratio 1.65
Altman-Z -0.19
F-Score4
WACC7.56%
ROIC/WACCN/A
Cap/Depr(3y)573.4%
Cap/Depr(5y)866.84%
Cap/Sales(3y)101.87%
Cap/Sales(5y)125.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-133.33%
EPS 3Y-72.55%
EPS 5YN/A
EPS Q2Q%-600%
EPS Next Y-2650%
EPS Next 2Y-270.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)17.91%
Revenue growth 3Y-7.02%
Revenue growth 5Y17.42%
Sales Q2Q%11.75%
Revenue Next Year1.7%
Revenue Next 2Y14.03%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y98.36%
EBIT growth 3Y-56.21%
EBIT growth 5YN/A
EBIT Next Year114.63%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-690.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.7%
OCF growth 3Y-18.37%
OCF growth 5Y121.85%