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Costamare Inc
NYSE:CMRE

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Costamare Inc
NYSE:CMRE
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Price: 16.47 USD -0.9% Market Closed
Market Cap: $2B

EV/FCFF

5.6
Current
5%
Cheaper
vs 3-y average of 5.8

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
5.6
=
Enterprise Value
$2.8B
/
Free Cash Flow to Firm
$475.3m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
5.6
=
Enterprise Value
$2.8B
/
Free Cash Flow to Firm
$475.3m

Valuation Scenarios

Costamare Inc is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (5.8), the stock would be worth $17.28 (5% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+311%
Average Upside
110%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 5.6 $16.47
0%
3-Year Average 5.8 $17.28
+5%
5-Year Average 5.7 $16.87
+2%
Industry Average 22.8 $67.71
+311%
Country Average 12.4 $36.64
+122%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close

Market Distribution

Lower than 92% of companies in Monaco
Percentile
8th
Based on 23 companies
8th percentile
5.6
Low
4.3 — 7.2
Typical Range
7.2 — 45.6
High
45.6 —
Distribution Statistics
Monaco
Min 4.3
30th Percentile 7.2
Median 12.4
70th Percentile 45.6
Max 349.1

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.

CMRE Intrinsic Value
25.43 USD
Undervaluation 35%
Intrinsic Value
Price $16.47
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