OTCMBESHF
Market cap450mUSD
Dec 09, Last price
0.83USD
Name
Belships ASA
Chart & Performance
P/E
2.75
P/S
0.37
EPS
0.30
Div Yield, %
28.17%
Shrs. gr., 5y
21.53%
Rev. gr., 5y
-12.19%
Revenues
563m
-93.74%
Net income
76m
-94.63%
CFO
121m
-92.68%
Earnings
Feb 17, 2025
Profile
Belships ASA engaged in providing freight transportation and shipping services. It operates through following business segments: Dry Bulk and Technical Management. The Dry Bulk segment transports semi-finished industry products. The Technical Management segment engages in substantial technical operation activities through Belships Management in Singapore, Oslo and in Tianjin & Shanghai in China. The company was founded by Christen Smith in 1918 and is headquartered in Oslo, Norway.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | |
| Income | ||||||||
Revenues | 563,441 -93.74% | 9,000,029 28.33% | 7,012,973 229.02% | |||||
Cost of revenue | 458,637 | 7,538,998 | 5,850,273 | |||||
Unusual Expense (Income) | ||||||||
NOPBT | 104,804 | 1,461,032 | 1,162,700 | |||||
NOPBT Margin | 18.60% | 16.23% | 16.58% | |||||
Operating Taxes | 7,562 | 20,049 | 74,876 | |||||
Tax Rate | 7.22% | 1.37% | 6.44% | |||||
NOPAT | 97,242 | 1,440,982 | 1,087,824 | |||||
Net income | 75,895 -94.63% | 1,413,140 58.05% | 894,099 -577.34% | |||||
Dividends | (58,752) | (1,193,039) | (234,052) | |||||
Dividend yield | 1.26% | 32.92% | 6.62% | |||||
Proceeds from repurchase of equity | 138,273 | |||||||
BB yield | -3.91% | |||||||
| Debt | ||||||||
Debt current | 26,735 | 493,072 | 215,757 | |||||
Long-term debt | 997,632 | 5,469,295 | 3,640,909 | |||||
Deferred revenue | (1,054) | |||||||
Other long-term liabilities | 954 | 4,089,455 | 2,709,361 | |||||
Net debt | 896,262 | 4,283,461 | 2,798,276 | |||||
| Cash flow | ||||||||
Cash from operating activities | 120,893 | 1,650,510 | 1,285,022 | |||||
CAPEX | (832,957) | (777,770) | ||||||
Cash from investing activities | 35,900 | (221,266) | (174,326) | |||||
Cash from financing activities | (168,389) | (1,095,726) | (498,318) | |||||
FCF | 6,825,202 | (802,118) | (784,982) | |||||
| Balance | ||||||||
Cash | 128,105 | 1,377,869 | 927,720 | |||||
Long term investments | 301,037 | 130,670 | ||||||
Excess cash | 99,933 | 1,228,904 | 707,741 | |||||
Stockholders' equity | 223,388 | 2,317,300 | 1,859,065 | |||||
Invested Capital | 769,985 | 7,660,342 | 5,495,086 | |||||
ROIC | 2.31% | 21.91% | 24.29% | |||||
ROCE | 11.96% | 16.43% | 18.74% | |||||
| EV | ||||||||
Common stock shares outstanding | 254,421 | 253,774 | 250,659 | |||||
Price | 18.38 28.71% | 14.28 1.28% | 14.10 123.81% | |||||
Market cap | 4,676,266 29.04% | 3,623,897 2.54% | 3,534,292 146.45% | |||||
EV | 5,607,515 | 8,302,501 | 6,609,268 | |||||
EBITDA | 152,542 | 1,836,535 | 1,409,778 | |||||
EV/EBITDA | 36.76 | 4.52 | 4.69 | |||||
Interest | 33,184 | 26,106 | 15,881 | |||||
Interest/NOPBT | 31.66% | 1.79% | 1.37% | |||||