-0.25%
0.25%
13.76%
-8.99%
-6.25%
52.26%
187.23%
AI Spotlight on BELCO
Company Description
Belships ASA owns and operates dry bulk ships worldwide.It operates through Own Ships, Lighthouse Naviagtion, and Ship Management segments.The company operates a fleet of 34 Supra/Ultramax bulk carriers.
It also provides commercial and ship management, technical, crewing, port agency, and logistical services.The company was founded in 1918 and is headquartered in Oslo, Norway.
Market Data
| Last Price | 20.25 |
| Change Percentage | -0.25% |
| Open | 20.25 |
| Previous Close | 20.3 |
| Market Cap ( Millions) | 5118 |
| Volume | 154211 |
| Year High | 26.2 |
| Year Low | 15.48 |
| M A 50 | 18.8 |
| M A 200 | 20.76 |
Financial Ratios
| FCF Yield | 21.61% |
| Dividend Yield | 16.05% |
| ROE | 25.41% |
| Debt / Equity | 0.00% |
| Net Debt / EBIDTA | -104.47% |
| Price To Book | 1.61 |
| Price Earnings Ratio | 6.52 |
| Price To FCF | 4.63 |
| Price To sales | 0.98 |
| EV / EBITDA | 2.03 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Lighthouse Navigation
Expected Growth : 5 %
What the company do ?
Lighthouse Navigation from Belships ASA is a digital navigation system providing real-time data and insights to optimize vessel performance and reduce emissions.
Why we expect these perspectives ?
Lighthouse Navigation's 5% growth is driven by increasing demand for eco-friendly shipping solutions, expansion into new markets, and strategic partnerships. Additionally, investments in digitalization and vessel optimization have improved operational efficiency, reducing costs and enhancing competitiveness. Furthermore, the growing importance of sustainable shipping practices and regulatory pressures have created opportunities for Lighthouse Navigation to capitalize on its green shipping expertise.
Segment n°2 -> Belships
Expected Growth : 9 %
What the company do ?
Belships ASA is a Norwegian shipping company that owns and operates a fleet of bulk carriers, providing dry bulk transportation services worldwide.
Why we expect these perspectives ?
Belships ASA's 9% growth is driven by increasing demand for dry bulk shipping, strategic fleet expansion, and cost-saving initiatives. The company's focus on eco-friendly vessels and operational efficiency also contributes to its growth. Additionally, Belships' strong balance sheet and ability to capitalize on market opportunities further support its growth momentum.
Belships Asa Products
| Product Range | What is it ? |
|---|---|
| Supramax Vessels | Belships ASA operates a fleet of Supramax vessels, which are designed to transport dry bulk cargoes such as grains, minerals, and coal. |
| Ultramax Vessels | Belships ASA's Ultramax vessels are designed for efficient and flexible transportation of dry bulk cargoes, with a larger cargo capacity than Supramax vessels. |
| Ship Management Services | Belships ASA provides ship management services, including technical management, crew management, and commercial management, to ensure safe and efficient vessel operations. |
| Commercial Management Services | Belships ASA offers commercial management services, including chartering, operations, and logistics, to optimize vessel utilization and revenue. |
Belships ASA's Porter Forces
Threat Of Substitutes
Belships ASA operates in a niche market with limited substitutes, but there are some alternatives available to customers.
Bargaining Power Of Customers
Belships ASA has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Belships ASA relies on a few key suppliers, which gives them some bargaining power, but the company's size and reputation also give it some negotiating power.
Threat Of New Entrants
The shipping industry has high barriers to entry, including significant capital requirements and regulatory hurdles, which limits the threat of new entrants.
Intensity Of Rivalry
The shipping industry is highly competitive, with many established players competing for market share, which increases the intensity of rivalry.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 32.31% |
| Debt Cost | 3.95% |
| Equity Weight | 67.69% |
| Equity Cost | 7.61% |
| WACC | 6.42% |
| Leverage | 47.72% |
Belships ASA : Quality Control
Belships ASA passed 9 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CKN.L | Clarkson PLC provides integrated shipping services worldwide. The company operates through four segments: Broking, Financial, Support, and Research. The Broking segment offers services to ship owners and charterers in the … |
| PXSAP | Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, … |
| ODF.OL | Odfjell SE engages in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other special products. The company operates Chemical Tankers and Tank Terminals segments. It owns … |
| DAC | Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to … |
| ESEA | Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 03, 2022, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Danaos
A-Score
1-Year Total Return ->
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Pyxis Tankers
A-Score
1-Year Total Return ->
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Clarkson
A-Score
1-Year Total Return ->
4
Odfjell
A-Score
1-Year Total Return ->
5
Belships
A-Score
1-Year Total Return ->
6
