XNYSSB
Market cap377mUSD
Jan 06, Last price
3.42USD
1D
-3.28%
1Q
-31.26%
Jan 2017
207.83%
IPO
-81.27%
Name
Safe Bulkers Inc
Chart & Performance
Profile
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 284,401 -18.68% | 349,718 6.29% | |||||||
Cost of revenue | 188,759 | 161,500 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 95,642 | 188,218 | |||||||
NOPBT Margin | 33.63% | 53.82% | |||||||
Operating Taxes | (49,518) | ||||||||
Tax Rate | |||||||||
NOPAT | 95,642 | 237,736 | |||||||
Net income | 77,351 -55.17% | 172,554 -1.03% | |||||||
Dividends | (30,678) | (33,626) | |||||||
Dividend yield | 6.87% | 9.58% | |||||||
Proceeds from repurchase of equity | (26,222) | (46,372) | |||||||
BB yield | 5.87% | 13.21% | |||||||
Debt | |||||||||
Debt current | 24,781 | 43,556 | |||||||
Long-term debt | 483,139 | 370,806 | |||||||
Deferred revenue | 3,248 | 7,330 | |||||||
Other long-term liabilities | 5,933 | 4,549 | |||||||
Net debt | 408,392 | 289,704 | |||||||
Cash flow | |||||||||
Cash from operating activities | 122,207 | 218,000 | |||||||
CAPEX | (209,103) | (183,276) | |||||||
Cash from investing activities | (151,726) | (229,400) | |||||||
Cash from financing activities | 29,141 | (40,100) | |||||||
FCF | (27,961) | 117,681 | |||||||
Balance | |||||||||
Cash | 87,922 | 114,377 | |||||||
Long term investments | 11,606 | 10,281 | |||||||
Excess cash | 85,308 | 107,172 | |||||||
Stockholders' equity | 439,614 | 392,948 | |||||||
Invested Capital | 1,223,556 | 1,090,985 | |||||||
ROIC | 8.26% | 23.03% | |||||||
ROCE | 7.31% | 15.71% | |||||||
EV | |||||||||
Common stock shares outstanding | 113,619 | 120,654 | |||||||
Price | 3.93 35.05% | 2.91 -22.81% | |||||||
Market cap | 446,523 27.18% | 351,102 -18.10% | |||||||
EV | 854,955 | 640,846 | |||||||
EBITDA | 149,771 | 237,736 | |||||||
EV/EBITDA | 5.71 | 2.70 | |||||||
Interest | 27,944 | 17,138 | |||||||
Interest/NOPBT | 29.22% | 9.11% |