Financial Survey: Globus Maritime (GLBS) versus Its Rivals

Globus Maritime (NASDAQ:GLBS) is one of 79 publicly-traded companies in the “Marine Transportation” industry, but how does it compare to its competitors? We will compare Globus Maritime to related businesses based on the strength of its analyst recommendations, profitability, institutional ownership, dividends, earnings, valuation and risk.

Profitability

This table compares Globus Maritime and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Globus Maritime	12.72%	3.80%	2.31%
Globus Maritime Competitors	32.41%	15.08%	7.32%

Insider & Institutional Ownership

31.6% of Globus Maritime shares are held by institutional investors. Comparatively, 30.8% of shares of all “Marine Transportation” companies are held by institutional investors. 59.2% of Globus Maritime shares are held by insiders. Comparatively, 28.2% of shares of all “Marine Transportation” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of current ratings for Globus Maritime and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Globus Maritime	0	1	1	0	2.50
Globus Maritime Competitors	447	1648	1705	96	2.37

Globus Maritime presently has a consensus price target of $5.00, suggesting a potential upside of 71.82%. As a group, “Marine Transportation” companies have a potential upside of 24.19%. Given Globus Maritime’s stronger consensus rating and higher possible upside, research analysts clearly believe Globus Maritime is more favorable than its competitors.

Earnings & Valuation

This table compares Globus Maritime and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Globus Maritime	$44.21 million	-$1.75 million	8.82
Globus Maritime Competitors	$3.77 billion	$351.16 million	12.46

Globus Maritime’s competitors have higher revenue and earnings than Globus Maritime. Globus Maritime is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

Globus Maritime has a beta of 0.31, meaning that its share price is 69% less volatile than the S&P 500. Comparatively, Globus Maritime’s competitors have a beta of 1.14, meaning that their average share price is 14% more volatile than the S&P 500.

Summary

Globus Maritime competitors beat Globus Maritime on 8 of the 13 factors compared.

About Globus Maritime

Globus Maritime Limited is an international dry bulk shipping company based in Athens, Greece. It owns and operates vessels that transport unpackaged commodities by sea for customers involved in global trade. The company’s ships carry dry bulk cargoes such as iron ore, coal, grain and other industrial and agricultural commodities. Its vessels serve international shipping routes, connecting producers, traders and end users across global markets. Globus Maritime was established in 2006 and has focused on owning and operating a fleet of dry bulk vessels.