Costamare Inc
NYSE:CMRE
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (5.6), the stock would be worth $15.97 (3% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.8 | $16.5 |
0%
|
| 3-Year Average | 5.6 | $15.97 |
-3%
|
| 5-Year Average | 5.9 | $16.78 |
+2%
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| Industry Average | 10.6 | $30.1 |
+82%
|
| Country Average | 12.2 | $34.68 |
+110%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
$2.8B
|
/ |
Jan 2026
$453.9m
|
= |
|
|
$2.8B
|
/ |
Dec 2026
$434.5m
|
= |
|
|
$2.8B
|
/ |
Dec 2027
$418.2m
|
= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| MC |
C
|
Costamare Inc
NYSE:CMRE
|
2B USD | 5.8 | 5.8 | |
| DK |
|
AP Moeller - Maersk A/S
CSE:MAERSK B
|
216.9B DKK | 13.6 | 12.6 | |
| CN |
|
COSCO Shipping Holdings Co Ltd
SSE:601919
|
223.8B CNY | 3.9 | 7.3 | |
| CH |
|
Kuehne und Nagel International AG
SIX:KNIN
|
23.1B CHF | 19.8 | 25.6 | |
| DE |
|
Hapag Lloyd AG
XETRA:HLAG
|
19.6B EUR | 22 | 23.9 | |
| JP |
|
Nippon Yusen KK
TSE:9101
|
2.4T JPY | 23.7 | 10.5 | |
| TW |
|
Evergreen Marine Corp Taiwan Ltd
TWSE:2603
|
435.2B TWD | 5.3 | 6.3 | |
| KR |
H
|
HMM Co Ltd
KRX:011200
|
19.9T KRW | 7.3 | 10.6 | |
| JP |
|
Mitsui O.S.K. Lines Ltd
TSE:9104
|
2.1T JPY | 30.6 | 8.8 | |
| HK |
|
Orient Overseas (International) Ltd
HKEX:316
|
89.2B HKD | 4.9 | 7.6 | |
| HK |
|
SITC International Holdings Co Ltd
HKEX:1308
|
88.1B HKD | 8.7 | 9 |
Market Distribution
| Min | 5.6 |
| 30th Percentile | 7.4 |
| Median | 12.2 |
| 70th Percentile | 26.3 |
| Max | 88.6 |
Other Multiples
Costamare Inc
Glance View
Costamare Inc., a global leader in the maritime transport industry, navigates the complex waters of global commerce with precision and a strategic mindset honed over decades. Since its establishment in the 1970s, Costamare has embarked on a voyage of persistent growth, becoming one of the world's largest owners and charterers of containerships. The company's fleet, a diverse array of vessels spanning various sizes, connects continents, facilitating the movement of goods across the globe. This fleet, continually modernized and expanded, positions Costamare to capitalize on the ebbs and flows of global trade, providing essential services to a wide range of global liners. The company's successful navigation through turbulent market conditions speaks to its adeptness in managing both the operational and financial facets of its business, with long-term charter agreements buttressing its income against market volatility. Central to Costamare's business model is its dual role as both owner and charterer, which allows the company to generate steady revenue streams by leasing its vessels on time-charter and voyage-charter agreements. This model ensures a consistent flow of income while enabling the company to exploit market opportunities as they arise. Central to this strategy is the strategic maintenance of its fleet, ensuring high efficiency and compliance with international maritime standards. Costamare's earnings are further supplemented by competitive liner services, which provide door-to-door transportation solutions. These services are carefully aligned with the company's operational capabilities, enhancing its competitive edge and securing its position in the industry. Through these meticulously orchestrated operations, Costamare has cemented its reputation as a foundational pillar in global maritime logistics.