2020 Bulkers Ltd
OSE:2020

Watchlist Manager
2020 Bulkers Ltd Logo
2020 Bulkers Ltd
OSE:2020
Watchlist
Price: 125 NOK 1.38% Market Closed
Market Cap: 2.9B NOK

Relative Value

The Relative Value of one 2020 Bulkers Ltd stock under the Base Case scenario is 165.9 NOK. Compared to the current market price of 125 NOK, 2020 Bulkers Ltd is Undervalued by 25%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
165.9 NOK
Undervaluation 25%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
16
Median 3Y
2.9
Median 5Y
2.8
Industry
1.1
Forward
4.4
vs History
53
vs Industry
65
Median 3Y
5.7
Median 5Y
6.7
Industry
8
Forward
9.5
vs History
4
vs Industry
31
Median 3Y
5.9
Median 5Y
5.6
Industry
4.7
vs History
vs Industry
15
Median 3Y
4.2
Median 5Y
4.4
Industry
9.8
vs History
11
vs Industry
16
Median 3Y
1.7
Median 5Y
1.6
Industry
0.9
vs History
52
vs Industry
13
Median 3Y
4.2
Median 5Y
5.1
Industry
1.4
Forward
5.9
vs History
52
vs Industry
50
Median 3Y
5.1
Median 5Y
6.2
Industry
4.6
vs History
53
vs Industry
54
Median 3Y
5.5
Median 5Y
6.7
Industry
6.4
Forward
8.5
vs History
53
vs Industry
60
Median 3Y
6.4
Median 5Y
8.1
Industry
9.4
Forward
10.7
vs History
33
vs Industry
27
Median 3Y
9.3
Median 5Y
9.8
Industry
6
vs History
17
vs Industry
30
Median 3Y
9.3
Median 5Y
7.7
Industry
8.2
vs History
7
vs Industry
11
Median 3Y
1.3
Median 5Y
1.2
Industry
0.7

Multiples Across Competitors

Competitors Multiples
2020 Bulkers Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
BM
2020 Bulkers Ltd
OSE:2020
2.9B NOK 3.4 5.9 6 7
JP
Naigai Trans Line Ltd
TSE:9384
9.8T JPY 248.2 3 206 2 135.1 2 364.4
CN
COSCO Shipping Holdings Co Ltd
SSE:601919
243.1B CNY 1 4.5 1.9 1.9
DK
AP Moeller - Maersk A/S
CSE:MAERSK B
194.5B DKK 0.5 4.3 5 5
DE
Hapag Lloyd AG
XETRA:HLAG
22.4B EUR 1.1 8.8 4.1 7.4
CH
Kuehne und Nagel International AG
SIX:KNIN
20.6B CHF 0.8 17.2 8.6 13
KR
HMM Co Ltd
KRX:011200
26.1T KRW 2.1 6.5 2.9 3.7
JP
Nippon Yusen KK
TSE:9101
2.2T JPY 0.9 4.7 7.5 13
TW
Evergreen Marine Corp Taiwan Ltd
TWSE:2603
425.4B TWD 0.9 2.8 1.3 1.7
JP
Mitsui O.S.K. Lines Ltd
TSE:9104
1.7T JPY 0.9 3.9 11.2 20.6
HK
Orient Overseas (International) Ltd
HKEX:316
88.9B HKD 1.1 4.4 1.3 1.9