Castor Maritime Stock Current Valuation
| CTRM Stock | USD 3.37 0.07 2.03% |
Valuation analysis of Castor Maritime helps investors to measure Castor Maritime's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 19th of April 2024, Enterprise Value Over EBITDA is likely to drop to 1.47. In addition to that, Enterprise Value Multiple is likely to drop to 1.47. Fundamental drivers impacting Castor Maritime's valuation include:
Price Book 0.0777 | Enterprise Value -22.3 M | Enterprise Value Ebitda (0.37) | Price Sales 0.3676 | Trailing PE 3.44 |
Overvalued
Today
Please note that Castor Maritime's price fluctuation is unstable at this time. Calculation of the real value of Castor Maritime is based on 3 months time horizon. Increasing Castor Maritime's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Castor Maritime is useful when determining the fair value of the Castor stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Castor Maritime. Since Castor Maritime is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Castor Stock. However, Castor Maritime's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.37 | Real 3.13 | Hype 5.19 | Naive 3.66 |
The real value of Castor Stock, also known as its intrinsic value, is the underlying worth of Castor Maritime Company, which is reflected in its stock price. It is based on Castor Maritime's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Castor Maritime's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Castor Maritime's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Castor Maritime helps investors to forecast how Castor stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Castor Maritime more accurately as focusing exclusively on Castor Maritime's fundamentals will not take into account other important factors: Castor Maritime Company Current Valuation Analysis
Castor Maritime's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Castor Maritime Current Valuation | (22.3 M) |
Most of Castor Maritime's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Castor Maritime is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Castor Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Castor Maritime is extremely important. It helps to project a fair market value of Castor Stock properly, considering its historical fundamentals such as Current Valuation. Since Castor Maritime's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Castor Maritime's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Castor Maritime's interrelated accounts and indicators.
Click cells to compare fundamentals
Castor Current Valuation Historical Pattern
Today, most investors in Castor Maritime Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Castor Maritime's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Castor Maritime current valuation as a starting point in their analysis.
Castor Maritime Current Valuation |
| Timeline |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Castor Maritime has a Current Valuation of (22.3 Million). This is 100.31% lower than that of the Marine Transportation sector and significantly lower than that of the Industrials industry. The current valuation for all United States stocks is 100.13% higher than that of the company.
Castor Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Castor Maritime's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Castor Maritime could also be used in its relative valuation, which is a method of valuing Castor Maritime by comparing valuation metrics of similar companies.Castor Maritime is currently under evaluation in current valuation category among related companies.
Castor Fundamentals
| Return On Equity | 0.0438 | ||||
| Return On Asset | 0.0158 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | (22.3 M) | ||||
| Shares Outstanding | 9.66 M | ||||
| Shares Owned By Institutions | 1.07 % | ||||
| Number Of Shares Shorted | 52.83 K | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 0.08 X | ||||
| Price To Sales | 0.37 X | ||||
| Revenue | 97.52 M | ||||
| Gross Profit | 167.32 M | ||||
| EBITDA | 38.59 M | ||||
| Net Income | 21.3 M | ||||
| Cash And Equivalents | 133.89 M | ||||
| Cash Per Share | 1.41 X | ||||
| Total Debt | 132.94 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 3.67 X | ||||
| Book Value Per Share | 47.73 X | ||||
| Cash Flow From Operations | 42.59 M | ||||
| Short Ratio | 0.87 X | ||||
| Earnings Per Share | 1.00 X | ||||
| Beta | 0.81 | ||||
| Market Capitalization | 33.24 M | ||||
| Total Asset | 605.04 M | ||||
| Retained Earnings | 194.72 M | ||||
| Working Capital | 213.67 M | ||||
| Current Asset | 7.72 M | ||||
| Current Liabilities | 3.7 M | ||||
| Net Asset | 605.04 M |
About Castor Maritime Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Castor Maritime's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Castor Maritime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Castor Maritime based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Castor Maritime in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Castor Maritime's short interest history, or implied volatility extrapolated from Castor Maritime options trading.
Pair Trading with Castor Maritime
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Castor Maritime position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Castor Maritime will appreciate offsetting losses from the drop in the long position's value.Moving against Castor Stock
| 0.92 | KEX | Kirby Earnings Call This Week | PairCorr |
| 0.85 | EGLE | Eagle Bulk Shipping Financial Report 2nd of May 2024 | PairCorr |
| 0.82 | SB-PC | Safe Bulkers | PairCorr |
| 0.81 | SB-PD | Safe Bulkers | PairCorr |
| 0.76 | GNK | Genco Shipping Trading Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Castor Maritime could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Castor Maritime when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Castor Maritime - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Castor Maritime to buy it.
The correlation of Castor Maritime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Castor Maritime moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Castor Maritime moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Castor Maritime can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Castor Maritime Piotroski F Score and Castor Maritime Altman Z Score analysis. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Castor Stock analysis
When running Castor Maritime's price analysis, check to measure Castor Maritime's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Castor Maritime is operating at the current time. Most of Castor Maritime's value examination focuses on studying past and present price action to predict the probability of Castor Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Castor Maritime's price. Additionally, you may evaluate how the addition of Castor Maritime to your portfolios can decrease your overall portfolio volatility.
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Is Castor Maritime's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Castor Maritime. If investors know Castor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Castor Maritime listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Earnings Share 1 | Revenue Per Share 10.189 | Quarterly Revenue Growth (0.16) | Return On Assets 0.0158 |
The market value of Castor Maritime is measured differently than its book value, which is the value of Castor that is recorded on the company's balance sheet. Investors also form their own opinion of Castor Maritime's value that differs from its market value or its book value, called intrinsic value, which is Castor Maritime's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Castor Maritime's market value can be influenced by many factors that don't directly affect Castor Maritime's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Castor Maritime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Castor Maritime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Castor Maritime's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.