NYSE
CMRE
Last Price
US $13.98
KEY FIGURES
MKT CAP
$1.7B
EPS
TTM
$2.86
PEG
TTM
0.55x
P/E
TTM
5.38x
P/S
TTM
1.98x
YIELD
3.19%
GROWTH
Revenue Y/Y
13.78%
(FY vs FY)
EBITDA Y/Y
Cash Flow (DCF)
Fair Value
Market $13.98
338.77%
Default assumptions
EBITDA Multiple
Fair Value
Market $13.98
91.99%
Default assumptions
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
Costamare Inc. cash flow to debt ratio of 35.73% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Financial stability - Healthy cash flow growth.
Costamare Inc.'s free cash flow has increased 83.60% from $257.23M last year to $472.28M, signaling increasing performance
Financial risk - Healthy debt to equity ratio.
Costamare Inc.'s debt to equity ratio is 0.69, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy
Financial stability - Healthy debt to equity ratio development.
Costamare Inc.'s debt has decreased relative to shareholder equity from 0.94 last year to 0.69 today, signaling strengthened financials
Financial stability - Net debt/EBITDA.
Costamare Inc. has a net debt to EBITDA ratio of 1.55x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
Costamare Inc.'s interest coverage ratio of 5.03 indicates that earnings with good margin can cover interest payments on company debt
Financial stability - Profit margin growth.
Costamare Inc.'s profit margin has increased (164.39%) in the last year from 15.35% to 40.59%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
Costamare Inc.'s short-term assets of $690.67M exceed its short-term liabilities of $398.57M
Increasing performance - ROA.
Costamare Inc.'s return on assets of 8.79% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
Costamare Inc.'s return on equity of 16.80%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
Costamare Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
Costamare Inc. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
Costamare Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
Costamare Inc. has a free cash flow yield of 27.11%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Increasing performance - Healthy earnings growth.
Costamare Inc.'s yearly earnings has increased 13.96% since last year from $319.92M to $364.57M, signaling increasing performance
Decreasing performance - Healthy revenue growth.
Costamare Inc.'s yearly revenue has decreased -57.87% since last year from $2.08G to $877.90M, signaling decreasing performance
Increasing performance - ROIC.
ROIC 10.87% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
Decreasing performance - 3-year revenue CAGR.
Costamare Inc.'s 3-year revenue CAGR of -7.63% is negative, indicating declining revenue over the past 3 years
Increasing performance - Revenue consistency.
Costamare Inc. had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
Costamare Inc. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Undervalued - DCF valuation.
Costamare Inc. is undervalued relative to its fair value price of 61.34 based on Discounted Cash Flow model
Undervalued - Earnings yield.
Costamare Inc. has an earnings yield of 19.82%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Undervalued - EBITDA valuation.
Costamare Inc. is undervalued relative to its fair value price of 26.84 based on EBITDA multiple model
Undervalued - EV/EBITDA.
Costamare Inc. has an EV/EBITDA ratio of 4.59x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Undervalued - PEG ratio value.
Costamare Inc. has a PEG-ratio under 1 which is considered undervalued
Undervalued - P/B ratio.
Costamare Inc. has a price-to-book ratio of 0.81x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
Costamare Inc. has a price-to-sales ratio of 2.05x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
16.80%
Return on equity
ROIC: 10.87%
Valuation History
5.4X
Price to Earnings
EV/EBITDA: 4.6X
Cash flow
Profit margin
28.62%
(FY vs FY)
Cash flow Y/Y
22.33%
(FY vs FY)
Base valuations use default assumptions. Customize in the Valuator.