Pioneer Marine (OTCNO:PNRM) - Stock Price, News & Analysis

PNRM Stock Overview

Pioneer Marine Inc., together with its subsidiaries, engages in the marine transportation of dry bulk commodities worldwide. More details

PNRM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (7.6x) is below the Norwegian market (11.5x)

Earnings grew by 168% over the past year

Risk Analysis

Shares are highly illiquid

High level of non-cash earnings

Makes less than USD$1m in revenue ($420K)

Does not have a meaningful market cap (NOK586M)

+ 1 more risk

Pioneer Marine Inc. Competitors

AMSC

OB:AMSC

NOK 2.0b

2020 Bulkers

OB:2020

NOK 3.2b

Himalaya Shipping

OB:HSHP

NOK 3.4b

Belships

OB:BELCO

NOK 4.6b

Price History & Performance

Summary of all time highs, changes and price drops for Pioneer Marine
Historical stock prices
Current Share Price	NOK 23.00
52 Week High	NOK 0
52 Week Low	NOK 0
Beta	-0.031
11 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-70.13%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	PNRM	NO Shipping	NO Market
7D	0%	8.0%	3.1%
1Y	n/a	22.8%	3.9%

Return vs Industry: Insufficient data to determine how PNRM performed against the Norwegian Shipping industry.

Return vs Market: Insufficient data to determine how PNRM performed against the Norwegian Market.

Price Volatility

Is PNRM's price volatile compared to industry and market?
PNRM volatility
PNRM Average Weekly Movement	n/a
Shipping Industry Average Movement	5.4%
Market Average Movement	5.2%
10% most volatile stocks in NO Market	10.6%
10% least volatile stocks in NO Market	2.7%

Stable Share Price: PNRM has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine PNRM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2013	n/a	Dimitris Papoulis	www.pioneermarine.com

Pioneer Marine Inc., together with its subsidiaries, engages in the marine transportation of dry bulk commodities worldwide. It operates 16 bulk carries. Its Handysize, Handymax, and Supramax dry bulk carriers transport grains, iron and steel products, fertilizers, minerals, forest products, ores, bauxite, alumina, cement, salt, sugar, sand, and other construction materials.

Pioneer Marine Inc. Fundamentals Summary

How do Pioneer Marine's earnings and revenue compare to its market cap?
PNRM fundamental statistics
Market cap	NOK 585.67m
Earnings (TTM)	NOK 77.34m
Revenue (TTM)	NOK 4.56m

7.6x

P/E Ratio

128.3x

P/S Ratio

Is PNRM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PNRM income statement (TTM)
Revenue	US$420.00k
Cost of Revenue	US$297.00k
Gross Profit	US$123.00k
Other Expenses	-US$6.99m
Earnings	US$7.12m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.28
Gross Margin	29.29%
Net Profit Margin	1,694.29%
Debt/Equity Ratio	0%

How did PNRM perform over the long term?

See historical performance and comparison