Globus Maritime Limited (GLBS) vs Performance Shipping Inc. (PSHG)

Globus Maritime Limited and Performance Shipping Inc. are both Marine Shipping companies. Globus Maritime Limited is the larger, with a market value of $75.1M against $21.9M — 3.4× the size. Performance Shipping Inc. trades at the lower P/E: 0.8× against 10.4×. Globus Maritime Limited grew revenue faster over the last twelve months: 47.8% against 11.8%. Performance Shipping Inc. has the higher net margin (30.0% vs 12.7%) and the lower return on invested capital (0.00% vs 3.11%). Across the 21 metrics below, Performance Shipping Inc. leads on 12 and Globus Maritime Limited on 9.

Valuation

Metric GLBS PSHG Marine Shipping median
P/E 10.42 0.76 6.89
P/S 1.40 0.23 1.92
P/B 0.41 0.06 0.90
Price to free cash flow 6.01 n/m 4.62
EV/EBITDA 5.55 5.91 6.57
EV/Sales 2.83 2.35 2.73
Earnings yield 9.59% 131.64% 9.59%
Free cash flow yield 16.63% (688.50%) 16.76%

Profitability

Metric GLBS PSHG Marine Shipping median
Gross margin 63.31% 69.10% 60.61%
Operating margin 24.15% 39.68% 27.74%
Net margin 12.72% 29.96% 25.21%
Free cash flow margin 23.33% 0.00% 17.29%
Return on equity 3.80% 0.00% 8.62%
Return on assets 2.23% 0.00% 5.35%
Return on invested capital 3.11% 0.00% 5.32%

Growth

Metric GLBS PSHG Marine Shipping median
Revenue growth (TTM) 47.79% 11.81% 13.26%
EPS growth (last fiscal year) (500.00%) 15.32% —
Revenue growth, 5-year CAGR 30.34% 14.89% 11.77%
Net income growth, 5-year CAGR 0.00% 56.12% 0.00%

Health

Metric GLBS PSHG Marine Shipping median
Debt to equity 0.58 0.90 0.52
Current ratio 2.77 3.91 1.63
Net debt to EBITDA 4.88 3.60 2.34

Dividend

Metric GLBS PSHG Marine Shipping median
Dividend yield — 7.35% 5.54%
Payout ratio 0.00 0.00 0.13

Size

Metric GLBS PSHG Marine Shipping median
Market cap 75.11m 21.88m 420.73m

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