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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

D1W1MN
XNYS:SB chart
P/E
4.72
P/S
1.28
EPS
0.72
Div Yield, %
8.40%
Shrs. gr., 5y
2.26%
Rev. gr., 5y
8.04%
Revenues
284m
-18.68%
95,309,000165,848,000200,772,000164,606,000157,020,000168,908,000184,296,000186,721,000154,094,000127,317,000109,772,000148,032,000193,191,000197,761,000198,158,000329,031,000349,718,000284,401,000
Net income
77m
-55.17%
97,224,000211,677,000119,211,000165,410,000109,647,00089,734,00096,120,00083,257,00014,634,000-47,944,000-55,966,000-84,679,00027,684,000-10,777,00020,372,000174,348,000172,554,00077,351,000
CFO
122m
-43.94%
-12,806,000278,506,000259,597,000211,338,000118,147,000107,189,000105,065,000100,594,00043,732,00025,522,00013,500,00049,200,00085,449,00058,284,00063,376,000217,200,000218,000,000122,207,000
Dividend
Aug 21, 20240.05 USD/sh

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.
IPO date
May 29, 2008
Employees
9
Domiciled in
MC
Incorporated in
MH

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑12
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%