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Concordia Maritime AB (publ)OM:CCOR B Stock Report

Market Cap SEK 466.8m
Share Price
n/a
1Y60.9%
7D-0.2%
1D0%
Portfolio Value
​
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Concordia Maritime AB (publ)

OM:CCOR B Stock Report

Market Cap: SEK 466.8m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Concordia Maritime (CCOR B) Stock Overview

Concordia Maritime AB (publ) operates as a tanker shipping company in Sweden and internationally. More details

CCOR B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Price-To-Earnings ratio (2.9x) is below the Swedish market (21.6x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Highly volatile share price over the past 3 months

Does not have a meaningful market cap (SEK467M)


CCOR B Community Fair Values

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Concordia Maritime AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Concordia Maritime
Historical stock prices
Current Share PriceSEK 9.78
52 Week HighSEK 9.98
52 Week LowSEK 5.06
Beta0.40
1 Month Change0.41%
3 Month Change59.28%
1 Year Change60.86%
3 Year Change26.68%
5 Year Change-9.86%
Change since IPO-34.80%

Recent News & Updates

Analysis Article • Dec 13

There's No Escaping Concordia Maritime AB (publ)'s (STO:CCOR B) Muted Revenues Despite A 55% Share Price Rise

Concordia Maritime AB (publ) ( STO:CCOR B ) shareholders have had their patience rewarded with a 55% share price jump...

Recent updates

Analysis Article • Dec 13

There's No Escaping Concordia Maritime AB (publ)'s (STO:CCOR B) Muted Revenues Despite A 55% Share Price Rise

Concordia Maritime AB (publ) ( STO:CCOR B ) shareholders have had their patience rewarded with a 55% share price jump...
Analysis Article • Aug 08

Investors Will Want Concordia Maritime's (STO:CCOR B) Growth In ROCE To Persist

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article • Apr 22

Concordia Maritime's (STO:CCOR B) Solid Earnings May Rest On Weak Foundations

Concordia Maritime AB (publ)'s ( STO:CCOR B ) robust recent earnings didn't do much to move the stock. However the...
Analysis Article • Nov 14

Investors Will Want Concordia Maritime's (STO:CCOR B) Growth In ROCE To Persist

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article • Sep 17

Is Concordia Maritime (STO:CCOR B) Using Debt In A Risky Way?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • May 10

Is Concordia Maritime (STO:CCOR B) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jun 12

Concordia Maritime (STO:CCOR B) Has Debt But No Earnings; Should You Worry?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • May 04

One Analyst's Earnings Estimates For Concordia Maritime AB (publ) (STO:CCOR B) Are Surging Higher

Concordia Maritime AB (publ) ( STO:CCOR B ) shareholders will have a reason to smile today, with the covering analyst...
Analysis Article • Apr 19

Breakeven On The Horizon For Concordia Maritime AB (publ) (STO:CCOR B)

Concordia Maritime AB (publ) ( STO:CCOR B ) is possibly approaching a major achievement in its business, so we would...
Analysis Article • Mar 23

Capital Allocation Trends At Concordia Maritime (STO:CCOR B) Aren't Ideal

When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
Analysis Article • Feb 25

A Look At Concordia Maritime's (STO:CCOR B) Share Price Returns

The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with...
Analysis Article • Jan 30

One Concordia Maritime AB (publ) (STO:CCOR B) Analyst Just Cut Their EPS Forecasts

One thing we could say about the covering analyst on Concordia Maritime AB (publ) ( STO:CCOR B ) - they aren't...
Analysis Article • Jan 07

When Will Concordia Maritime AB (publ) (STO:CCOR B) Turn A Profit?

With the business potentially at an important milestone, we thought we'd take a closer look at Concordia Maritime AB...
Analysis Article • Dec 04

Should We Be Excited About The Trends Of Returns At Concordia Maritime (STO:CCOR B)?

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...

Shareholder Returns

CCOR BSE Oil and GasSE Market
7D-0.2%1.9%1.2%
1Y60.9%42.7%13.6%

Return vs Industry: CCOR B exceeded the Swedish Oil and Gas industry which returned -25.5% over the past year.

Return vs Market: CCOR B exceeded the Swedish Market which returned 0.5% over the past year.

Price Volatility

Is CCOR B's price volatile compared to industry and market?
CCOR B volatility
CCOR B Average Weekly Movement15.3%
Oil and Gas Industry Average Movement5.7%
Market Average Movement5.9%
10% most volatile stocks in SE Market12.1%
10% least volatile stocks in SE Market3.3%

Stable Share Price: CCOR B's share price has been volatile over the past 3 months.

Volatility Over Time: CCOR B's weekly volatility has increased from 9% to 15% over the past year.

About the Company

FoundedEmployeesCEOWebsite
18884Erik Lewenhauptwww.concordiamaritime.com

Concordia Maritime AB (publ) operates as a tanker shipping company in Sweden and internationally. It is involved in the shipbuilding, manning, technical, chartering, and commercial operation. The company engages in the transportation of refined oil products, chemicals, and vegetable oils.

Concordia Maritime AB (publ) Fundamentals Summary

How do Concordia Maritime's earnings and revenue compare to its market cap?
CCOR B fundamental statistics
Market capSEK 466.80m
Earnings (TTM)SEK 160.40m
Revenue (TTM)SEK 300.10m
2.9x
P/E Ratio
1.6x
P/S Ratio

Is CCOR B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CCOR B income statement (TTM)
RevenueSEK 300.10m
Cost of RevenueSEK 169.20m
Gross ProfitSEK 130.90m
Other Expenses-SEK 29.50m
EarningsSEK 160.40m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Feb 08, 2024

Earnings per share (EPS)3.36
Gross Margin43.62%
Net Profit Margin53.45%
Debt/Equity Ratio0%

How did CCOR B perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/07 20:53
End of Day Share Price 2024/02/07 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Concordia Maritime AB (publ) is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lukas DaulABG Sundal Collier Sponsored
Glenn LoddenDNB Carnegie
Espen FjermestadFearnley Securities