XNASTORO
Market cap52mUSD
Dec 20, Last price
2.75USD
1D
0.00%
1Q
-18.88%
IPO
-76.09%
Name
Toro Corp
Chart & Performance
P/E
0.37
P/S
0.62
EPS
7.37
Div Yield, %
1.75%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
78m
-29.87%
Net income
141m
+181.69%
CFO
56m
+35.12%
Profile
Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates through Aframax/LR2 tanker and Handysize tanker segments. It operates a fleet of eight tanker vessels with an aggregate cargo carrying capacity of 0.7 million dwt. The company was incorporated in 2022 and is headquartered in Limassol, Cyprus.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY |
|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | |
| Income | |||
Revenues | 78,469 -29.87% | 111,886 282.33% | 29,264 |
Cost of revenue | 30,592 | 63,249 | 29,998 |
Unusual Expense (Income) | |||
NOPBT | 47,877 | 48,637 | (734) |
NOPBT Margin | 61.01% | 43.47% | |
Operating Taxes | 351 | 960 | 206 |
Tax Rate | 0.73% | 1.97% | |
NOPAT | 47,526 | 47,677 | (940) |
Net income | 140,637 181.69% | 49,926 -3,590.40% | (1,430) |
Dividends | (852) | ||
Dividend yield | 0.36% | ||
Proceeds from repurchase of equity | 18,418 | (27,607) | 105,462 |
BB yield | -7.69% | ||
| Debt | |||
Debt current | 1,311 | 2,606 | 2,930 |
Long-term debt | 3,902 | 10,463 | 13,069 |
Deferred revenue | |||
Other long-term liabilities | |||
Net debt | (200,563) | (31,119) | 9,526 |
| Cash flow | |||
Cash from operating activities | 56,126 | 41,538 | (4,415) |
CAPEX | (72,238) | (853) | (111,288) |
Cash from investing activities | 50,706 | 11,789 | (111,288) |
Cash from financing activities | 6,273 | (16,511) | 121,367 |
FCF | 57,023 | 57,832 | |
| Balance | |||
Cash | 155,235 | 41,780 | 4,963 |
Long term investments | 50,542 | 2,408 | 1,510 |
Excess cash | 201,854 | 38,594 | 5,011 |
Stockholders' equity | 239,322 | 149,945 | 104,031 |
Invested Capital | 99,703 | 114,973 | 115,020 |
ROIC | 44.28% | 41.46% | |
ROCE | 15.88% | 31.67% | |
| EV | |||
Common stock shares outstanding | 48,660 | 42,677 | 9,461 |
Price | 4.92 | ||
Market cap | 239,406 | ||
EV | 158,444 | ||
EBITDA | 54,716 | 55,931 | 3,100 |
EV/EBITDA | 2.90 | ||
Interest | 964 | 719 | 383 |
Interest/NOPBT | 2.01% | 1.48% | |