Icon Energy Corp. (ICON) vs Performance Shipping Inc. (PSHG)

Icon Energy Corp. and Performance Shipping Inc. are both Marine Shipping companies. Performance Shipping Inc. is the larger, with a market value of $21.9M against $4.7M — 4.7× the size. Across the 6 metrics below, Performance Shipping Inc. leads on 4 and Icon Energy Corp. on 2.

Valuation

Metric ICON PSHG Marine Shipping median
P/E — 0.76 6.89
P/S n/m 0.23 1.92
P/B 0.09 0.06 0.90
Price to free cash flow n/m n/m 4.62
EV/EBITDA n/m 5.91 6.57
EV/Sales n/m 2.35 2.73
Earnings yield — 131.64% 9.59%
Free cash flow yield (610.56%) (688.50%) 16.76%

Profitability

Metric ICON PSHG Marine Shipping median
Gross margin — 69.10% 60.61%
Operating margin — 39.68% 27.74%
Net margin — 29.96% 25.21%
Free cash flow margin 0.00% 0.00% 17.29%
Return on equity 0.00% 0.00% 8.62%
Return on assets 0.00% 0.00% 5.35%
Return on invested capital 0.00% 0.00% 5.32%

Growth

Metric ICON PSHG Marine Shipping median
Revenue growth (TTM) — 11.81% 13.26%
EPS growth (last fiscal year) 94.07% 15.32% —
Revenue growth, 5-year CAGR — 14.89% 11.77%
Net income growth, 5-year CAGR — 56.12% 0.00%

Health

Metric ICON PSHG Marine Shipping median
Debt to equity 1.24 0.90 0.52
Current ratio 1.55 3.91 1.63
Net debt to EBITDA 8.22 3.60 2.34

Dividend

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

Size

Metric ICON PSHG Marine Shipping median
Market cap 4.70m 21.88m 420.73m

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