Capital Clean Energy Carriers Corp. (CCEC) vs Navios Maritime Partners LP (NMM)

Capital Clean Energy Carriers Corp. and Navios Maritime Partners LP are both Marine Shipping companies. Navios Maritime Partners LP is the larger, with a market value of $2.6B against $1.3B — 2.0× the size. Navios Maritime Partners LP trades at the lower P/E: 6.0× against 11.6×. Navios Maritime Partners LP grew revenue faster over the last twelve months: 13.4% against 4.42%. Navios Maritime Partners LP has the higher net margin (29.6% vs 28.4%) and the higher return on invested capital (6.14% vs 2.94%). Both pay a dividend; Capital Clean Energy Carriers Corp. yields more (3.27% vs 0.70%). Across the 22 metrics below, Navios Maritime Partners LP leads on 17 and Capital Clean Energy Carriers Corp. on 5.

Valuation

Metric CCEC NMM Marine Shipping median
P/E 11.63 5.98 6.89
P/S 3.30 1.76 1.92
P/B 0.85 0.72 0.90
Price to free cash flow n/m 4.52 4.62
EV/EBITDA 12.60 4.91 6.57
EV/Sales 10.05 2.97 2.73
Earnings yield 8.60% 16.73% 9.59%
Free cash flow yield (53.75%) 22.14% 16.76%

Profitability

Metric CCEC NMM Marine Shipping median
Gross margin 76.77% 64.47% 60.61%
Operating margin 50.03% 35.74% 27.74%
Net margin 28.36% 29.64% 25.21%
Free cash flow margin (177.40%) 38.92% 17.29%
Return on equity 7.79% 12.93% 8.62%
Return on assets 2.56% 7.22% 5.35%
Return on invested capital 2.94% 6.14% 5.32%

Growth

Metric CCEC NMM Marine Shipping median
Revenue growth (TTM) 4.42% 13.38% 13.26%
EPS growth (last fiscal year) 10.77% (19.95%) —
Revenue growth, 5-year CAGR 22.76% 42.75% 11.77%
Net income growth, 5-year CAGR 41.25% 0.00% 0.00%

Health

Metric CCEC NMM Marine Shipping median
Debt to equity 1.89 0.63 0.52
Current ratio 1.15 1.53 1.63
Net debt to EBITDA 6.34 2.29 2.34

Dividend

Metric CCEC NMM Marine Shipping median
Dividend yield 3.27% 0.70% 5.54%
Payout ratio — — 0.13

Size

Metric CCEC NMM Marine Shipping median
Market cap 1.29b 2.55b 420.73m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack