Heidmar Maritime Holdings Corp. (HMR) vs Performance Shipping Inc. (PSHG)

Heidmar Maritime Holdings Corp. and Performance Shipping Inc. are both Marine Shipping companies. Heidmar Maritime Holdings Corp. is the larger, with a market value of $76.7M against $23.6M — 3.2× the size. Performance Shipping Inc. trades at the lower P/E: 0.8× against 32.0×. Heidmar Maritime Holdings Corp. grew revenue faster over the last twelve months: 214.4% against 11.8%. Performance Shipping Inc. has the higher net margin (30.0% vs 2.48%) and the higher return on invested capital (0.00% vs 0.00%). Across the 17 metrics below, Performance Shipping Inc. leads on 11 and Heidmar Maritime Holdings Corp. on 6.

Valuation

Metric HMR PSHG Marine Shipping median
P/E 32.00 0.83 7.37
P/S 0.87 0.25 1.71
P/B 7.12 0.07 0.85
Price to free cash flow 6.36 n/m 4.11
EV/EBITDA 7.12 5.96 5.98
EV/Sales 0.54 2.37 2.47
Earnings yield 3.13% 120.73% 13.14%
Free cash flow yield 15.73% (631.42%) 19.49%

Profitability

Metric HMR PSHG Marine Shipping median
Gross margin 50.03% 69.10% 60.61%
Operating margin 7.62% 39.68% 27.74%
Net margin 2.48% 29.96% 25.21%
Free cash flow margin 16.55% 0.00% 18.27%
Return on equity 0.00% 0.00% 8.04%
Return on assets 2.53% 0.00% 5.13%
Return on invested capital 0.00% 0.00% 5.17%

Growth

Metric HMR PSHG Marine Shipping median
Revenue growth (TTM) 214.42% 11.81% 10.81%
EPS growth (last fiscal year) (1,264.18%) 15.32% (20.39%)
Revenue growth, 5-year CAGR — 14.89% 11.95%
Net income growth, 5-year CAGR — 56.12% 0.00%

Health

Metric HMR PSHG Marine Shipping median
Debt to equity 0.00 0.90 0.44
Current ratio 0.82 3.91 1.67
Net debt to EBITDA 3.89 3.60 2.34

Dividend

Metric HMR PSHG Marine Shipping median
Dividend yield — — 4.83%
Payout ratio — — 0.30

Size

Metric HMR PSHG Marine Shipping median
Market cap 76.69m 23.62m 435.67m

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