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Western Bulk Chartering OB:WEST Stock Report

Last Price

NOK 17.50

Market Cap

NOK 588.3m

7D

0.6%

1Y

-32.4%

Updated

15 Nov, 2024

Data

Company Financials +

Western Bulk Chartering AS

OB:WEST Stock Report

Market Cap: NOK 588.3m

WEST Stock Overview

Operates as a dry bulk shipping company. More details

WEST fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Western Bulk Chartering AS Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Bulk Chartering
Historical stock prices
Current Share PriceNOK 17.50
52 Week HighNOK 30.30
52 Week LowNOK 17.00
Beta0.96
11 Month Change-8.14%
3 Month Change-31.37%
1 Year Change-32.43%
33 Year Change-53.95%
5 Year Change-45.31%
Change since IPO-56.79%

Recent News & Updates

Recent updates

Why We Like The Returns At Western Bulk Chartering (OB:WEST)

Nov 22
Why We Like The Returns At Western Bulk Chartering (OB:WEST)

Western Bulk Chartering (OB:WEST) Has A Pretty Healthy Balance Sheet

Oct 19
Western Bulk Chartering (OB:WEST) Has A Pretty Healthy Balance Sheet

Is Western Bulk Chartering (OB:WEST) A Risky Investment?

Oct 30
Is Western Bulk Chartering (OB:WEST) A Risky Investment?

Western Bulk Chartering's (OB:WEST) Strong Earnings Are Of Good Quality

Aug 25
Western Bulk Chartering's (OB:WEST) Strong Earnings Are Of Good Quality

Here's Why We Think Western Bulk Chartering (OB:WEST) Is Well Worth Watching

Aug 22
Here's Why We Think Western Bulk Chartering (OB:WEST) Is Well Worth Watching

Upgrade: Analysts Just Made A Stunning Increase To Their Western Bulk Chartering AS (OB:WEST) Forecasts

Jul 27
Upgrade: Analysts Just Made A Stunning Increase To Their Western Bulk Chartering AS (OB:WEST) Forecasts

Here's Why I Think Western Bulk Chartering (OB:WEST) Is An Interesting Stock

Apr 28
Here's Why I Think Western Bulk Chartering (OB:WEST) Is An Interesting Stock

Western Bulk Chartering (OB:WEST) Seems To Use Debt Rather Sparingly

Feb 21
Western Bulk Chartering (OB:WEST) Seems To Use Debt Rather Sparingly

Shareholder Returns

WESTNO ShippingNO Market
7D0.6%4.9%2.3%
1Y-32.4%17.3%2.8%

Return vs Industry: WEST underperformed the Norwegian Shipping industry which returned 19.8% over the past year.

Return vs Market: WEST underperformed the Norwegian Market which returned 2.4% over the past year.

Price Volatility

Is WEST's price volatile compared to industry and market?
WEST volatility
WEST Average Weekly Movement6.3%
Shipping Industry Average Movement5.2%
Market Average Movement5.1%
10% most volatile stocks in NO Market10.8%
10% least volatile stocks in NO Market2.7%

Stable Share Price: WEST has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: WEST's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982115Torbjoern Gjervikwww.westernbulk.com

Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It engages in chartering and operating dry bulk vessels for the transportation of products, such as minerals, timber, cement, bauxite, steel products, grains, coal, and other products; and operation of chartered-in fleet of 110-150 vessels, including time charter trip vessels and period vessels. The company operates in Norway, Far East, rest of Europe, India, North America, South America, Africa, and the Middle East.

Western Bulk Chartering AS Fundamentals Summary

How do Western Bulk Chartering's earnings and revenue compare to its market cap?
WEST fundamental statistics
Market capNOK 588.35m
Earnings (TTM)-NOK 92.12m
Revenue (TTM)NOK 13.22b

0.0x

P/S Ratio

-6.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEST income statement (TTM)
RevenueUS$1.19b
Cost of RevenueUS$1.18b
Gross ProfitUS$15.10m
Other ExpensesUS$23.39m
Earnings-US$8.30m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.25
Gross Margin1.27%
Net Profit Margin-0.70%
Debt/Equity Ratio0%

How did WEST perform over the long term?

See historical performance and comparison