How does BESH.F's PE Ratio compare to its peers?

BESH.F is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (14.5x).

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

BESH.F is expensive based on its Price-To-Earnings Ratio (6.2x) compared to the US Shipping industry average (4.4x).

What is BESH.F'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.

Insufficient data to calculate BESH.F's Price-To-Earnings Fair Ratio for valuation analysis.

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

BESH.F ($1.68) is trading below our estimate of [[fair value]] ($4.59)

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

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Belships (OTCPK:BESH.F) - Stock Price, News & Analysis

BESH.F Stock Overview

Owns and operates dry bulk ships worldwide. More details

BESH.F fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 63.4% below our estimate of its fair value

Earnings are forecast to grow 12.96% per year

Analysts in good agreement that stock price will rise by 50.3%

Risk Analysis

Shares are highly illiquid

Unstable dividend track record

Belships ASA Competitors

Pangaea Logistics Solutions

NasdaqCM:PANL

US$268.3m

Safe Bulkers

NYSE:SB

US$410.0m

Genco Shipping & Trading

NYSE:GNK

US$685.4m

Diana Shipping

NYSE:DSX

US$207.2m

Price History & Performance

Summary of all time highs, changes and price drops for Belships
Historical stock prices
Current Share Price	NOK 1.68
52 Week High	NOK 1.68
52 Week Low	NOK 1.68
Beta	0.69
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	BESH.F	US Shipping	US Market
7D	n/a	-4.2%	0.5%
1Y	n/a	34.8%	30.7%

Return vs Industry: Insufficient data to determine how BESH.F performed against the US Shipping industry.

Return vs Market: Insufficient data to determine how BESH.F performed against the US Market.

Price Volatility

Is BESH.F's price volatile compared to industry and market?
BESH.F volatility
BESH.F Average Weekly Movement	n/a
Shipping Industry Average Movement	5.1%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

Stable Share Price: BESH.F's share price has been volatile over the past 3 months compared to the US market.

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

About the Company

Founded	Employees	CEO	Website
1918	631	Lars Skarsgård	www.belships.com

Belships ASA owns and operates dry bulk ships worldwide. It operates through Belships and Lighthouse Navigation segments. The company operates a fleet of 38 modern Supra/Ultramax bulk carriers, including newbuildings.

Belships ASA Fundamentals Summary

How do Belships's earnings and revenue compare to its market cap?
BESH.F fundamental statistics
Market cap	US$396.55m
Earnings (TTM)	US$68.61m
Revenue (TTM)	US$362.78m

6.2x

P/E Ratio

1.2x

P/S Ratio

Is BESH.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BESH.F income statement (TTM)
Revenue	US$362.78m
Cost of Revenue	US$235.19m
Gross Profit	US$127.59m
Other Expenses	US$58.98m
Earnings	US$68.61m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.27
Gross Margin	35.17%
Net Profit Margin	18.91%
Debt/Equity Ratio	30.9%

How did BESH.F perform over the long term?

See historical performance and comparison

Dividends

12.5%

Current Dividend Yield

83%

Payout Ratio