UNITED MARITIME CORP (USEA) Stock Fundamental Analysis
USA - NASDAQ:USEA - MHY923351016 - Common Stock
1.67 USD
+0.01 (+0.6%)
1.7 USD
+0.03 (+1.8%)
We assign a fundamental rating of 1 out of 10 to USEA. USEA was compared to 35 industry peers in the Marine Transportation industry. Both the profitability and financial health of USEA have multiple concerns. USEA has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year USEA has reported negative net income.
In the past year USEA has reported a negative cash flow from operations.
USEA had positive earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: USEA reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of USEA (-3.87%) is worse than 77.14% of its industry peers.
With a Return On Equity value of -11.00%, USEA is not doing good in the industry: 77.14% of the companies in the same industry are doing better.
The Return On Invested Capital of USEA (0.38%) is worse than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.87% | ||
| ROE | -11% | ||
| ROIC | 0.38% |
ROA(3y)8.67%
ROA(5y)10.01%
ROE(3y)16.29%
ROE(5y)18.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Operating Margin of USEA (1.25%) is worse than 74.29% of its industry peers.
USEA's Operating Margin has improved in the last couple of years.
USEA has a Gross Margin (47.84%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of USEA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.25% | ||
| PM (TTM) | N/A | ||
| GM | 47.84% |
OM growth 3Y-38.26%
OM growth 5Y1.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.61%
GM growth 5Y10.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so USEA is destroying value.
The number of shares outstanding for USEA has been increased compared to 1 year ago.
USEA has a worse debt/assets ratio than last year.
2.2 Solvency
USEA has an Altman-Z score of 0.32. This is a bad value and indicates that USEA is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of USEA (0.32) is worse than 74.29% of its industry peers.
USEA has a Debt/Equity ratio of 0.89. This is a neutral value indicating USEA is somewhat dependend on debt financing.
USEA has a Debt to Equity ratio of 0.89. This is in the lower half of the industry: USEA underperforms 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.32 |
ROIC/WACC0.07
WACC5.46%
2.3 Liquidity
A Current Ratio of 0.49 indicates that USEA may have some problems paying its short term obligations.
USEA has a Current ratio of 0.49. This is amonst the worse of the industry: USEA underperforms 88.57% of its industry peers.
USEA has a Quick Ratio of 0.49. This is a bad value and indicates that USEA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.46, USEA is doing worse than 88.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The earnings per share for USEA have decreased strongly by -196.50% in the last year.
Looking at the last year, USEA shows a decrease in Revenue. The Revenue has decreased by -7.89% in the last year.
USEA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 45.87% yearly.
EPS 1Y (TTM)-196.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-71.43%
Revenue 1Y (TTM)-7.89%
Revenue growth 3Y83.12%
Revenue growth 5Y45.87%
Sales Q2Q%0.24%
3.2 Future
Based on estimates for the next years, USEA will show a very negative growth in Earnings Per Share. The EPS will decrease by -33.26% on average per year.
The Revenue is expected to decrease by -13.76% on average over the next years. This is quite bad
EPS Next Y-29.31%
EPS Next 2Y-33.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-13.83%
Revenue Next 2Y-13.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
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
USEA 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 USEA. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, USEA is valued a bit more expensive than 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.38 |
4.3 Compensation for Growth
USEA's earnings are expected to decrease with -33.26% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-33.26%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.43%, USEA is a good candidate for dividend investing.
USEA's Dividend Yield is rather good when compared to the industry average which is at 7.26. USEA pays more dividend than 94.29% of the companies in the same industry.
USEA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.43% |
5.2 History
USEA has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of USEA are negative and hence is the payout ratio. USEA will probably not be able to sustain this dividend level.
DP-33.52%
EPS Next 2Y-33.26%
EPS Next 3YN/A
1.67
+0.01 (+0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners1.53%
Inst Owner Change-0.35%
Ins Owners19.18%
Ins Owner ChangeN/A
Market Cap15.31M
Revenue(TTM)42.63M
Net Income(TTM)-6.24M
Analysts82.86
Price Target3.57 (113.77%)
Short Float %6.29%
Short Ratio20.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.43% |
Yearly Dividend0.3
Dividend Growth(5Y)N/A
DP-33.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)60.76%
Min EPS beat(2)7.51%
Max EPS beat(2)114.01%
EPS beat(4)3
Avg EPS beat(4)12.74%
Min EPS beat(4)-149.02%
Max EPS beat(4)114.01%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)4.94%
Min Revenue beat(2)-4.41%
Max Revenue beat(2)14.28%
Revenue beat(4)2
Avg Revenue beat(4)2.65%
Min Revenue beat(4)-10.71%
Max Revenue beat(4)14.28%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)60.53%
EPS NY rev (1m)0%
EPS NY rev (3m)43.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.36 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.27 | ||
| P/tB | 0.27 | ||
| EV/EBITDA | 9.38 |
EPS(TTM)-0.67
EYN/A
EPS(NY)-1.05
Fwd EYN/A
FCF(TTM)-0.2
FCFYN/A
OCF(TTM)-0.11
OCFYN/A
SpS4.65
BVpS6.19
TBVpS6.19
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.87% | ||
| ROE | -11% | ||
| ROCE | 0.48% | ||
| ROIC | 0.38% | ||
| ROICexc | 0.39% | ||
| ROICexgc | 0.39% | ||
| OM | 1.25% | ||
| PM (TTM) | N/A | ||
| GM | 47.84% | ||
| FCFM | N/A |
ROA(3y)8.67%
ROA(5y)10.01%
ROE(3y)16.29%
ROE(5y)18.96%
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
ROICexgc growth 3Y-52.16%
ROICexgc growth 5YN/A
ROICexc growth 3Y-52.16%
ROICexc growth 5YN/A
OM growth 3Y-38.26%
OM growth 5Y1.61%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.61%
GM growth 5Y10.19%
F-Score3
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.93 | ||
| Cap/Depr | 8.99% | ||
| Cap/Sales | 2.05% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 0.32 |
F-Score3
WACC5.46%
ROIC/WACC0.07
Cap/Depr(3y)1941.73%
Cap/Depr(5y)1166.88%
Cap/Sales(3y)212.58%
Cap/Sales(5y)127.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-196.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-71.43%
EPS Next Y-29.31%
EPS Next 2Y-33.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.89%
Revenue growth 3Y83.12%
Revenue growth 5Y45.87%
Sales Q2Q%0.24%
Revenue Next Year-13.83%
Revenue Next 2Y-13.76%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-85.64%
EBIT growth 3Y13.06%
EBIT growth 5Y48.22%
EBIT Next Year263.64%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-124.03%
FCF growth 3Y-5.74%
FCF growth 5Y37.65%
OCF growth 1Y-112.67%
OCF growth 3Y-3.75%
OCF growth 5Y39.4%
UNITED MARITIME CORP / USEA FAQ
Can you provide the ChartMill fundamental rating for UNITED MARITIME CORP?
ChartMill assigns a fundamental rating of 1 / 10 to USEA.
What is the valuation status for USEA stock?
ChartMill assigns a valuation rating of 0 / 10 to UNITED MARITIME CORP (USEA). This can be considered as Overvalued.
Can you provide the profitability details for UNITED MARITIME CORP?
UNITED MARITIME CORP (USEA) has a profitability rating of 2 / 10.
Can you provide the dividend sustainability for USEA stock?
The dividend rating of UNITED MARITIME CORP (USEA) is 4 / 10 and the dividend payout ratio is -33.52%.