Globus Maritime Limited (GLBS) vs SEACOR Marine Holdings Inc. (SMHI)

Globus Maritime Limited and SEACOR Marine Holdings Inc. are both Marine Shipping companies. SEACOR Marine Holdings Inc. is the larger, with a market value of $239.0M against $75.1M — 3.2× the size. SEACOR Marine Holdings Inc. has negative trailing earnings, so its P/E is not meaningful; Globus Maritime Limited trades at 10.4×. Globus Maritime Limited grew revenue faster over the last twelve months: 47.8% against −17.5%. Globus Maritime Limited has the higher net margin (12.7% vs −8.62%) and the higher return on invested capital (3.11% vs 2.93%). Across the 20 metrics below, Globus Maritime Limited leads on 13 and SEACOR Marine Holdings Inc. on 7.

Valuation

Metric GLBS SMHI Marine Shipping median
P/E 10.42 n/m 6.89
P/S 1.40 1.08 1.92
P/B 0.41 0.90 0.90
Price to free cash flow 6.01 3.49 4.62
EV/EBITDA 5.55 6.80 6.57
EV/Sales 2.83 2.16 2.73
Earnings yield 9.59% (8.02%) 9.59%
Free cash flow yield 16.63% 28.65% 16.76%

Profitability

Metric GLBS SMHI Marine Shipping median
Gross margin 63.31% 17.03% 60.61%
Operating margin 24.15% 10.69% 27.74%
Net margin 12.72% (8.62%) 25.21%
Free cash flow margin 23.33% 30.99% 17.29%
Return on equity 3.80% (6.98%) 8.62%
Return on assets 2.23% (2.76%) 5.35%
Return on invested capital 3.11% 2.93% 5.32%

Growth

Metric GLBS SMHI Marine Shipping median
Revenue growth (TTM) 47.79% (17.49%) 13.26%
EPS growth (last fiscal year) (500.00%) 62.41% —
Revenue growth, 5-year CAGR 30.34% 9.94% 11.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GLBS SMHI Marine Shipping median
Debt to equity 0.58 1.27 0.52
Current ratio 2.77 2.38 1.63
Net debt to EBITDA 4.88 3.90 2.34

Dividend

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

Size

Metric GLBS SMHI Marine Shipping median
Market cap 75.11m 239.04m 420.73m

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