Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. More Details
Mediocre balance sheet with poor track record.
Share Price & News
How has Pangaea Logistics Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PANL's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PANL exceeded the US Shipping industry which returned -35.3% over the past year.
Return vs Market: PANL underperformed the US Market which returned 18.5% over the past year.
Price Volatility Vs. Market
How volatile is Pangaea Logistics Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs There More Growth In Store For Pangaea Logistics Solutions' (NASDAQ:PANL) Returns On Capital?
1 month ago | Simply Wall StA Quick Analysis On Pangaea Logistics Solutions' (NASDAQ:PANL) CEO Salary
2 months ago | Simply Wall StPangaea Logistics Solutions'(NASDAQ:PANL) Share Price Is Down 41% Over The Past Year.
Is Pangaea Logistics Solutions undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate PANL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate PANL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: PANL is poor value based on its PE Ratio (1007.8x) compared to the US Shipping industry average (10.3x).
PE vs Market: PANL is poor value based on its PE Ratio (1007.8x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PANL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PANL is overvalued based on its PB Ratio (0.8x) compared to the US Shipping industry average (0.3x).
How is Pangaea Logistics Solutions forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 Pangaea Logistics Solutions 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.
- Take a look at our analysis of PANL’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Transportation industry.
How has Pangaea Logistics Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PANL has a large one-off loss of $11.4M impacting its June 30 2020 financial results.
Growing Profit Margin: PANL's current net profit margins (0.03%) are lower than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: PANL has become profitable over the past 5 years, growing earnings by 36.1% per year.
Accelerating Growth: PANL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PANL had negative earnings growth (-99.1%) over the past year, making it difficult to compare to the Shipping industry average (-5%).
Return on Equity
High ROE: PANL's Return on Equity (1.6%) is considered low.
How is Pangaea Logistics Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: PANL's short term assets ($98.0M) exceed its short term liabilities ($60.6M).
Long Term Liabilities: PANL's short term assets ($98.0M) do not cover its long term liabilities ($137.9M).
Debt to Equity History and Analysis
Debt Level: PANL's debt to equity ratio (41.7%) is considered high.
Reducing Debt: PANL's debt to equity ratio has reduced from 174.1% to 41.7% over the past 5 years.
Debt Coverage: PANL's debt is well covered by operating cash flow (31.6%).
Interest Coverage: PANL's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Pangaea Logistics Solutions's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PANL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PANL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PANL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PANL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: PANL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PANL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ed Coll (63 yo)
Mr. Edward Coll, also known as Ed, serves as the President of Phoenix Bulk Carriers (US) Corp. Mr. Coll co-founded Bulk Partners Limited in 1996. Mr. Coll co-founded Pangaea Logistics Solutions Ltd and has ...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD1.51M) is above average for companies of similar size in the US market ($USD589.00K).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
|CFO & Secretary||3.5yrs||US$443.60k||0.44% |
|COO & Director||6yrs||US$606.12k||0.53% |
Experienced Management: PANL's management team is considered experienced (3.8 years average tenure).
|COO & Director||6yrs||US$606.12k||0.53% |
|Independent Director||6.75yrs||US$135.00k||1.15% |
|Independent Director||6yrs||US$135.00k||0.36% |
|Independent Director||6yrs||US$135.00k||0.54% |
|Independent Director||6yrs||US$85.00k||no data|
|Independent Director||3.17yrs||US$135.00k||no data|
|Director||5.08yrs||no data||4.09% |
|Director||3.75yrs||no data||18.36% |
Experienced Board: PANL's board of directors are considered experienced (6 years average tenure).
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.
Pangaea Logistics Solutions, Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Pangaea Logistics Solutions, Ltd.
- Ticker: PANL
- Exchange: NasdaqCM
- Founded: 1996
- Industry: Marine
- Sector: Transportation
- Market Cap: US$135.648m
- Shares outstanding: 45.07m
- Website: https://www.pangaeals.com
Number of Employees
- Pangaea Logistics Solutions, Ltd.
- 109 Long Wharf
- Rhode Island
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PANL||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Oct 2014|
|PGA||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Oct 2014|
Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk ca ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/23 00:34|
|End of Day Share Price||2020/10/22 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.