Icon Energy Valuation

Is ICON undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ICON when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ICON ($2.1) is trading below our estimate of fair value ($36.35)

Significantly Below Fair Value: ICON is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ICON?

Key metric: As ICON is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ICON. This is calculated by dividing ICON's market cap by their current earnings.
What is ICON's PE Ratio?
PE Ratio	6.9x
Earnings	US$439.00k
Market Cap	US$3.08m

ICON key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.6x
Enterprise Value/EBITDA	10.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does ICON's PE Ratio compare to its peers?

The above table shows the PE ratio for ICON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	1.9x
USEA United Maritime	2.5x	n/a	US$19.2m
CTRM Castor Maritime	0.5x	n/a	US$33.6m
GLBS Globus Maritime	4.1x	-29.6%	US$29.4m
TORO Toro	0.3x	n/a	US$46.8m
ICON Icon Energy	6.9x	n/a	US$3.1m

Price-To-Earnings vs Peers: ICON is expensive based on its Price-To-Earnings Ratio (6.9x) compared to the peer average (1.9x).

Price to Earnings Ratio vs Industry

How does ICON's PE Ratio compare vs other companies in the US Shipping Industry?

4 Companies	Price / Earnings	Estimated Growth	Market Cap
TORO Toro	0.3x	n/a	US$46.84m
PXS Pyxis Tankers	1.3x	-16.9%	US$42.99m
CTRM Castor Maritime	0.5x	n/a	US$33.62m
PSHG Performance Shipping	0.4x	7.0%	US$23.23m

No more companies available in this PE range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: ICON is expensive based on its Price-To-Earnings Ratio (6.9x) compared to the US Shipping industry average (4.8x).

Price to Earnings Ratio vs Fair Ratio

What is ICON's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ICON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	6.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ICON's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.