-4.61%
2.13%
-3.01%
-5.31%
19.87%
29.90%
57.32%
AI Spotlight on CPLP
Company Description
Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece.Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo under short-term voyage charters, and medium to long-term time charters.As of April 27, 2022, the company owned 21 vessels, including 11 Neo-Panamax container vessels, three Panamax container vessels, one cape-size bulk carrier, and six LNG carriers.
Capital GP L.L.C. serves as the general partner of the company.The company was incorporated in 2007 and is headquartered in Piraeus, Greece.
Market Data
| Last Price | 16.77 |
| Change Percentage | 2.13% |
| Open | 16.22 |
| Previous Close | 16.42 |
| Market Cap ( Millions) | 979 |
| Volume | 9356 |
| Year High | 18.85 |
| Year Low | 12.7 |
| M A 50 | 16.68 |
| M A 200 | 16.76 |
Financial Ratios
| FCF Yield | 19.50% |
| Dividend Yield | 2.68% |
| ROE | 9.16% |
| Debt / Equity | 209.63% |
| Net Debt / EBIDTA | 895.03% |
| Price To Book | 0.75 |
| Price Earnings Ratio | 9.41 |
| Price To FCF | 5.13 |
| Price To sales | 2.49 |
| EV / EBITDA | 12.47 |
News
- Aug -26 - Capital Clean Energy Carriers Corp. Announces Completion of Corporate Conversion, Change of Name, Corporate Logo and Nasdaq Ticker
- Aug -12 - LNG Shipping Stocks: Market Turbulence Affects Shippers With Mixed Results
- Aug -02 - Capital Product Partners L.P. Announces Second Quarter 2024 Financial Results
- Aug -02 - Capital Product Partners L.P. Announces Approval of Corporate Conversion and Name Change as It Continues Its Strategic Pivot to The LNG and Energy Transition Business
- Jul -29 - Capital Product Partners L.P. Schedules Second Quarter 2024 Earnings Release, Conference Call and Webcast
- Jul -24 - Capital Product Partners L.P. Announces Cash Distribution
- Jul -08 - Capital Product Partners: Still Risky After Recent Dilution And Additional Debt
- Jun -03 - Capital Product Partners L.P. Announces Further Expansion With $756.0 Million Investment in Liquid CO2 and LPG-Ammonia Carriers
- May -09 - Capital Product Partners L.P. Strengthens Communications Team
- May -07 - LNG Shipping Stocks: Preparation For A Bullish Move
- May -01 - New Strong Sell Stocks for May 1st
- Apr -30 - Capital Product Partners L.P. Announces First Quarter 2024 Financial Results
- Apr -25 - Capital Product Partners L.P. Announces Cash Distribution
- Apr -25 - Capital Product Partners L.P. Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast
- Mar -20 - Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels
- Mar -04 - Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels
- Feb -07 - Capital Product Partners: Recent Runup Still Leaves Value On The Table For Investors
- Feb -02 - Capital Product Partners L.P. (CPLP) Q4 2023 Earnings Call Transcript
- Feb -02 - Capital Product Partners L.P. Announces Fourth Quarter 2023 Financial Results
- Jan -29 - Capital Product Partners L.P. Schedules Fourth Quarter 2023 Earnings Release, Conference Call and Webcast
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Charters (Operating Leases)
Expected Growth : 4.83 %
What the company do ?
Time Charters (Operating Leases) from Capital Product Partners L.P. refers to a type of lease agreement where the lessee, typically a shipping company, charters a vessel for a specific period, usually 1-3 years, in exchange for a fixed daily rate, providing operational control and flexibility.
Why we expect these perspectives ?
Capital Product Partners L.P.'s 4.83% growth in Time Charters (Operating Leases) is driven by increasing demand for energy transportation, expansion of liquefied natural gas (LNG) trade, and a growing fleet of modern vessels. Additionally, the partnership's strategic acquisitions and charter agreements with reputable counterparties contribute to its growth momentum.
Segment n°2 -> Voyage Charters
Expected Growth : 4.83 %
What the company do ?
Voyage Charters from Capital Product Partners L.P. are short-term agreements for shipping goods, offering flexibility and cost savings for charterers.
Why we expect these perspectives ?
Strong demand for dry bulk commodities, increased iron ore and coal exports, and a growing global economy drive Voyage Charters' 4.83% growth. Additionally, Capital Product Partners L.P.'s strategic fleet expansion and operational efficiency improvements contribute to this growth.
Capital Product Partners L.P. Products
| Product Range | What is it ? |
|---|---|
| Crude Oil Transportation | Capital Product Partners L.P. provides crude oil transportation services, offering a safe and efficient way to transport crude oil from production sites to refineries. |
| Refined Petroleum Product Transportation | The company offers transportation services for refined petroleum products, such as gasoline, diesel, and jet fuel, from refineries to storage facilities and distribution centers. |
| Liquefied Petroleum Gas (LPG) Transportation | Capital Product Partners L.P. provides transportation services for LPG, a clean-burning fuel used for cooking, heating, and powering vehicles. |
| Dry Bulk Cargo Transportation | The company offers transportation services for dry bulk cargoes, such as iron ore, coal, and grains, from production sites to consumption centers. |
| Containerized Cargo Transportation | Capital Product Partners L.P. provides transportation services for containerized cargoes, such as electronics, machinery, and consumer goods, from ports to inland distribution centers. |
Capital Product Partners L.P.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Capital Product Partners L.P. is medium due to the availability of alternative investment options in the energy sector.
Bargaining Power Of Customers
The bargaining power of customers is low as Capital Product Partners L.P. has a diversified customer base and long-term contracts in place.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium as Capital Product Partners L.P. relies on a few major suppliers for its operations, but has some flexibility in negotiating prices.
Threat Of New Entrants
The threat of new entrants is high in the energy sector, as new companies can enter the market with innovative technologies and business models.
Intensity Of Rivalry
The intensity of rivalry is high in the energy sector, with many established players competing for market share and customers.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 60.17% |
| Debt Cost | 6.11% |
| Equity Weight | 39.83% |
| Equity Cost | 8.33% |
| WACC | 7.00% |
| Leverage | 151.10% |
Capital Product Partners L.P. : Quality Control
Capital Product Partners L.P. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TORO | 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 … |
| PSHG | Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity … |
| USEA | United Maritime Corporation, a shipping company, provides seaborne transportation services worldwide. It owns one Capesize dry bulk vessel having a carrying capacity of 171,314 deadweight tons. The company was incorporated … |
| NMM | Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry … |
| DSX | Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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United Maritime
A-Score
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Capital Product Partners
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Navios Maritime Partners
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1-Year Total Return ->
4
Diana Shipping
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5
Toro
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1-Year Total Return ->
6
