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NASDAQ: CTRM
Castor Maritime Inc Stock

$0.71-0.02 (-2.74%)
Updated Mar 23, 2023
CTRM Price
$0.71
Fair Value Price
$2.21
Market Cap
$66.79M
52 Week Low
$0.65
52 Week High
$2.45
P/E
0.56x
P/B
0.14x
P/S
0.4x
PEG
N/A
Dividend Yield
N/A
Revenue
$262.10M
Earnings
$118.56M
Gross Margin
63.4%
Operating Margin
49.02%
Profit Margin
45.2%
Debt to Equity
0.37
Operating Cash Flow
$124M
Beta
1.02
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

CTRM Overview

Castor Maritime Inc. provides shipping services worldwide. The company operates through three segments: Dry Bulk, Aframax/LR2 Tanker, and Handysize Tanker. It offers seaborne transportation services for dry bulk cargo; commodities, such as iron ore, coal, soybeans, etc.; and crude oil and refined petroleum products. As of December 31, 2021, the company owned and operated a fleet of 29 vessels primarily consisting of two Handysize tanker vessels, seven Aframax/LR2 tanker vessels, and 14 dry bulk vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

Zen Score

Industry Average (39)
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Due Diligence Checks

CTRM ($0.71) is undervalued by 68.06% relative to our estimate of its Fair Value price of $2.21 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CTRM ($0.71) is significantly undervalued by 68.06% relative to our estimate of its Fair Value price of $2.21 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
CTRM was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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CTRM News

Valuation

CTRM fair value

Fair Value of CTRM stock based on Discounted Cash Flow (DCF)
Price
$0.71
Fair Value
$2.21
Undervalued by
67.88%
CTRM ($0.71) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CTRM ($0.71) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CTRM was unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CTRM price to earnings (PE)

For valuing profitable companies with steady earnings
Company
0.56x
Industry
7.32x
Market
21.14x
CTRM is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CTRM is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CTRM price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.14x
Industry
0.74x
CTRM is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CTRM's financial health

Profit margin

Revenue
$69.3M
Net Income
$33.7M
Profit Margin
48.6%
CTRM's Earnings (EBIT) of $128.49M... subscribe to Premium to read more.
Interest Coverage Financials
CTRM's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$632.9M
Liabilities
$171.4M
Debt to equity
0.37
CTRM's short-term assets ($166.24M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CTRM's short-term assets ($166.24M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CTRM's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$46.5M
Investing
-$52.6M
Financing
$14.3M
CTRM's operating cash flow ($123.75M)... subscribe to Premium to read more.
Debt Coverage Financials

CTRM vs Shipping Stocks

TickerMarket Cap1d %P/EP/B
CTRM$66.79M-3.29%0.56x0.14x
PXS$51.90M-6.14%4.14x0.85x
EDRY$49.29M+0.44%1.46x0.43x
NM$48.64M+3.76%0.61x0.54x
SHIP$94.10M+2.26%2.01x0.38x

Castor Maritime Stock FAQ

What is Castor Maritime's quote symbol?

NASDAQ: CTRM) Castor Maritime trades on the NASDAQ under the ticker symbol CTRM. Castor Maritime stock quotes can also be displayed as NASDAQ: CTRM.

If you're new to stock investing, here's how to buy Castor Maritime stock.

What is the 52 week high and low for Castor Maritime (NASDAQ: CTRM)?

(NASDAQ: CTRM) Castor Maritime's 52-week high was $2.45, and its 52-week low was $0.65. It is currently -71.18% from its 52-week high and 8.62% from its 52-week low.

How much is Castor Maritime stock worth today?

(NASDAQ: CTRM) Castor Maritime currently has 94,610,088 outstanding shares. With Castor Maritime stock trading at $0.71 per share, the total value of Castor Maritime stock (market capitalization) is $66.79M.

Castor Maritime stock was originally listed at a price of $50.50 in Feb 11, 2019. If you had invested in Castor Maritime stock at $50.50, your return over the last 4 years would have been -98.6%, for an annualized return of -65.61% (not including any dividends or dividend reinvestments).

How much is Castor Maritime's stock price per share?

(NASDAQ: CTRM) Castor Maritime stock price per share is $0.71 today (as of Mar 23, 2023).

What is Castor Maritime's Market Cap?

(NASDAQ: CTRM) Castor Maritime's market cap is $66.79M, as of Mar 24, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Castor Maritime's market cap is calculated by multiplying CTRM's current stock price of $0.71 by CTRM's total outstanding shares of 94,610,088.
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