Costamare Inc.
Costamare Inc. Fundamental Analysis
Costamare Inc. (CMRE-PD) shows strong financial fundamentals with a PE ratio of 5.69, profit margin of 41.53%, and ROE of 16.86%. The company generates $0.4B in annual revenue with strong year-over-year growth of 37.88%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 75.7/100 based on profitability, valuation, growth, and balance sheet metrics. The B grade reflects solid fundamentals with room for improvement in valuation or growth.
Fundamental Health Score
We analyze CMRE-PD's fundamental strength across five key dimensions:
Efficiency Score
WeakCMRE-PD struggles to generate sufficient returns from assets.
Valuation Score
ExcellentCMRE-PD trades at attractive valuation levels.
Growth Score
ModerateCMRE-PD shows steady but slowing expansion.
Financial Health Score
ExcellentCMRE-PD maintains a strong and stable balance sheet.
Profitability Score
ExcellentCMRE-PD achieves industry-leading margins.
Key Financial Metrics
Is CMRE-PD Expensive or Cheap?
P/E Ratio
CMRE-PD trades at 5.69 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, CMRE-PD's PEG of 0.40 indicates potential undervaluation.
Price to Book
The market values Costamare Inc. at 1.00 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 1.81 times EBITDA. This is generally considered low.
How Well Does CMRE-PD Make Money?
Net Profit Margin
For every $100 in sales, Costamare Inc. keeps $41.53 as profit after all expenses.
Operating Margin
Core operations generate 51.71 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $16.86 in profit for every $100 of shareholder equity.
ROA
Costamare Inc. generates $9.44 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Costamare Inc. generates strong operating cash flow of $110.57M, reflecting robust business health.
Free Cash Flow
Costamare Inc. generates strong free cash flow of $80.29M, providing ample flexibility for dividends, buybacks, or growth.
FCF Per Share
Each share generates $1.60 in free cash annually.
FCF Yield
CMRE-PD converts 9.29% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
5.69
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
0.40
vs 25 benchmark
P/B Ratio
Price to book value ratio
1.00
vs 25 benchmark
P/S Ratio
Price to sales ratio
2.37
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.73
vs 25 benchmark
Current Ratio
Current assets to current liabilities
1.73
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.17
vs 25 benchmark
ROA
Return on assets percentage
0.09
vs 25 benchmark
ROCE
Return on capital employed
0.13
vs 25 benchmark
How CMRE-PD Stacks Against Its Sector Peers
| Metric | CMRE-PD Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 5.69 | 26.76 | Better (Cheaper) |
| ROE | 16.86% | 1300.00% | Weak |
| Net Margin | 41.53% | -29570.00% (disorted) | Strong |
| Debt/Equity | 0.73 | 0.79 | Neutral |
| Current Ratio | 1.73 | 10.68 | Neutral |
| ROA | 9.44% | -1545134.00% (disorted) | Weak |
CMRE-PD outperforms its industry in 2 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Costamare Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
322.89%
Industry Style: Cyclical, Value, Infrastructure
High GrowthEPS CAGR
213.53%
Industry Style: Cyclical, Value, Infrastructure
High GrowthFCF CAGR
108.35%
Industry Style: Cyclical, Value, Infrastructure
High Growth