Braemar Shipping Services plc provides shipbroking, technical, and logistics services to the shipping, marine, energy, offshore, and insurance industries.
Undervalued with imperfect balance sheet.
Share Price & News
How has Braemar Shipping Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BMS has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BMS exceeded the UK Infrastructure industry which returned -34.2% over the past year.
Return vs Market: BMS underperformed the UK Market which returned -14.9% over the past year.
Price Volatility Vs. Market
How volatile is Braemar Shipping Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDo Directors Own Braemar Shipping Services plc (LON:BMS) Shares?
1 month ago | Simply Wall StA Look At The Intrinsic Value Of Braemar Shipping Services plc (LON:BMS)
2 months ago | Simply Wall StHere's Why Braemar Shipping Services (LON:BMS) Has A Meaningful Debt Burden
Is Braemar Shipping Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BMS (£1.24) is trading below our estimate of fair value (£6.98)
Significantly Below Fair Value: BMS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BMS is good value based on its PE Ratio (7.9x) compared to the GB Infrastructure industry average (10.1x).
PE vs Market: BMS is good value based on its PE Ratio (7.9x) compared to the UK market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BMS is good value based on its PB Ratio (0.7x) compared to the GB Infrastructure industry average (1.2x).
How is Braemar Shipping Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Transportation industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Braemar Shipping Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Braemar Shipping Services is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Braemar Shipping Services competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has Braemar Shipping Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BMS has a large one-off loss of £3.8M impacting its February 29 2020 financial results.
Growing Profit Margin: BMS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BMS's earnings have declined by -47.5% per year over the past 5 years.
Accelerating Growth: BMS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BMS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Infrastructure industry (-6.5%).
Return on Equity
High ROE: BMS's Return on Equity (8.5%) is considered low.
How is Braemar Shipping Services's financial position?
Financial Position Analysis
Short Term Liabilities: BMS's short term assets (£68.3M) do not cover its short term liabilities (£103.8M).
Long Term Liabilities: BMS's short term assets (£68.3M) exceed its long term liabilities (£21.7M).
Debt to Equity History and Analysis
Debt Level: BMS's debt to equity ratio (95.7%) is considered high.
Reducing Debt: BMS's debt to equity ratio has increased from 8.8% to 95.7% over the past 5 years.
Debt Coverage: BMS's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: BMS's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is Braemar Shipping Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BMS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BMS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BMS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BMS is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BMS's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Braemar Shipping Services has no CEO, or we have no data on them.
|Executive Chairman||1.25yrs||no data||0.029% £11.2k|
|Group COO||1.25yrs||no data||no data|
|General Counsel & Company Secretary||no data||no data||no data|
|Managing Director of the Shipbroking Division||13.5yrs||no data||no data|
|Managing Director of Technical Services Division||4.17yrs||no data||no data|
|Global Head of Adjusting & Marine||no data||no data||no data|
|Head of the for Agency division||no data||no data||0.0082% £3.2k|
|Head of the Freight Forwarding division||no data||no data||no data|
|Financial Controller||no data||no data||no data|
Experienced Management: BMS's management team is considered experienced (4.2 years average tenure).
|Executive Chairman||1.25yrs||no data||0.029% £11.2k|
|Group COO||1.25yrs||no data||no data|
|Independent Non Executive Director||6yrs||UK£50.00k||0.26% £100.8k|
|Senior Independent Director||no data||UK£52.50k||0.0097% £3.7k|
|Independent Non-Executive Director||1.42yrs||no data||0.032% £12.4k|
Experienced Board: BMS's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Braemar Shipping Services plc's company bio, employee growth, exchange listings and data sources
- Name: Braemar Shipping Services plc
- Ticker: BMS
- Exchange: LSE
- Founded: 1842
- Industry: Marine Ports and Services
- Sector: Transportation
- Market Cap: UK£38.443m
- Shares outstanding: 31.00m
- Website: https://www.braemar.com
Number of Employees
- Braemar Shipping Services plc
- One Strand
- Trafalgar Square
- Greater London
- WC2N 5HR
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BMS||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||GBP||Nov 1997|
|BSEA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 1997|
|BMSl||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||GBP||Nov 1997|
Braemar Shipping Services plc provides shipbroking, technical, and logistics services to the shipping, marine, energy, offshore, and insurance industries. Its Shipbroking segment is involved in the tanker chartering for crude oil, clean petroleum products, liquefied petrochemical gas, liquefied natural gas, specialized tankers, and time charter projects; second-hand purchase and sale, new building, recycling, and valuating; dry bulk chartering; offshore chartering, sale, and purchase; and the provision of research and consulting services. The company’s Technical segment provides vessel surveying; liquefied natural gas consulting; marine engineering; ship construction and supervision; marine warranty surveying; offshore project management; energy loss adjusting; and environmental consulting services. Its Logistics segment offers port and liner agency, hub agency, freight forwarding and project and cargo management, and customs clearance services. It also advises clients on corporate and finance related to maritime industry, including restructuring advisory, corporate finance advisory, merger and acquisition, asset brokerage, interim/pre-insolvency management, financial asset management, equity and debt financing, IPO consulting, and loan servicing. It operates in the United Kingdom, Singapore, the United States, Australia, Germany, and the rest of the world. The company was formerly known as Braemar Seascope Group plc and changed its name to Braemar Shipping Services plc in June 2007. Braemar Shipping Services plc was founded in 1842 and is headquartered in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/14 21:02|
|End of Day Share Price||2020/07/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.