Castor Maritime Current Valuation vs. Revenue
| CTRM Stock | USD 3.33 0.05 1.48% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.29 | 0.292 |
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For Castor Maritime profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Castor Maritime to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Castor Maritime utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Castor Maritime's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Castor Maritime over time as well as its relative position and ranking within its peers.
Castor |
Is Marine Transportation space 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 0.187 | Earnings Share 3.72 | Revenue Per Share 7.911 | Quarterly Revenue Growth (0.37) | Return On Assets 0.0162 |
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.
Castor Maritime Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Castor Maritime's current stock value. Our valuation model uses many indicators to compare Castor Maritime value to that of its competitors to determine the firm's financial worth. Castor Maritime is rated below average in current valuation category among its peers. It is rated below average in revenue category among its peers . At this time, Castor Maritime's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Castor Maritime by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Castor Current Valuation vs. Competition
Castor Maritime is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 10.5 Billion. Castor Maritime has negative current valuation of (149.24 Million) contributing less than 1% to the industry.
Castor Revenue vs. Current Valuation
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.
Castor Maritime |
| = | (149.24 M) |
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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Castor Maritime |
| = | 97.52 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Castor Revenue vs Competition
Castor Maritime is rated below average in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 3.96 Billion. Castor Maritime holds roughly 97.52 Million in revenue claiming about 2.46% of equities under Industrials industry.
Castor Maritime Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Castor Maritime, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Castor Maritime will eventually generate negative long term returns. The profitability progress is the general direction of Castor Maritime's change in net profit over the period of time. It can combine multiple indicators of Castor Maritime, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -96.6 K | -101.5 K | |
| Net Interest Income | -8 M | -7.6 M | |
| Interest Income | 3.2 M | 3.4 M | |
| Operating Income | 22 M | 32.3 M | |
| Net Income From Continuing Ops | 21.3 M | 30.4 M | |
| Income Before Tax | 21.5 M | 30.7 M | |
| Total Other Income Expense Net | -527 K | -553.3 K | |
| Net Income Applicable To Common Shares | 136.3 M | 143.2 M | |
| Net Income | 21.3 M | 30.4 M | |
| Income Tax Expense | 177.8 K | 186.7 K | |
| Change To Netincome | -2.7 M | -2.6 M | |
| Net Income Per Share | 4.04 | 3.84 | |
| Income Quality | 2.00 | 1.08 | |
| Net Income Per E B T | 1.80 | 0.99 |
Castor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Castor Maritime. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Castor Maritime position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Castor Maritime's important profitability drivers and their relationship over time.
Use Castor Maritime in pair-trading
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.Castor Maritime Pair Trading
Castor Maritime Pair Trading Analysis
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.Use Investing Themes to Complement your Castor Maritime position
In addition to having Castor Maritime in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Trending Equities. To learn how to invest in Castor Stock, please use our How to Invest in Castor Maritime guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
To fully project Castor Maritime's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Castor Maritime at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Castor Maritime's income statement, its balance sheet, and the statement of cash flows.