Concordia Maritime AB (publ) Logo

Concordia Maritime AB (publ)

CCOR-B.ST

(3.0)
Stock Price

9,74 SEK

32.46% ROA

36.88% ROE

2.9x PER

Market Cap.

474.395.437,00 SEK

1.98% DER

0% Yield

32.47% NPM

Concordia Maritime AB (publ) Stock Analysis

Concordia Maritime AB (publ) Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Concordia Maritime AB (publ) Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (34.11%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 PBV

The stock's low PBV ratio (0.62x) suggests it's undervalued, making it an attractive opportunity for investors.

4 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

5 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

8 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (76), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Concordia Maritime AB (publ) Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Concordia Maritime AB (publ) Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Concordia Maritime AB (publ) Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Concordia Maritime AB (publ) Revenue
Year Revenue Growth
2002 779.700.000
2003 634.600.000 -22.86%
2004 1.000.600.000 36.58%
2005 310.200.000 -222.57%
2006 381.200.000 18.63%
2007 457.200.000 16.62%
2008 560.000.000 18.36%
2009 599.300.000 6.56%
2010 513.400.000 -16.73%
2011 559.600.000 8.26%
2012 543.400.000 -2.98%
2013 467.800.000 -16.16%
2014 473.800.000 1.27%
2015 810.000.000 41.51%
2016 983.400.000 17.63%
2017 827.500.000 -18.84%
2018 1.052.900.000 21.41%
2019 1.140.100.000 7.65%
2020 1.025.800.000 -11.14%
2021 704.800.000 -45.54%
2022 686.200.000 -2.71%
2023 82.800.000 -728.74%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Concordia Maritime AB (publ) Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 51.900.000 100%
2020 51.200.000 -1.37%
2021 55.100.000 7.08%
2022 52.800.000 -4.36%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Concordia Maritime AB (publ) General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 45.400.000
2003 36.700.000 -23.71%
2004 28.400.000 -29.23%
2005 34.200.000 16.96%
2006 1.800.000 -1800%
2007 1.200.000 -50%
2008 36.400.000 96.7%
2009 36.500.000 0.27%
2010 192.000.000 80.99%
2011 27.400.000 -600.73%
2012 26.000.000 -5.38%
2013 38.400.000 32.29%
2014 38.000.000 -1.05%
2015 42.500.000 10.59%
2016 117.500.000 63.83%
2017 36.800.000 -219.29%
2018 31.700.000 -16.09%
2019 38.500.000 17.66%
2020 39.600.000 2.78%
2021 59.200.000 33.11%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Concordia Maritime AB (publ) EBITDA
Year EBITDA Growth
2002 89.500.000
2003 177.500.000 49.58%
2004 795.500.000 77.69%
2005 -1.300.000 61292.31%
2006 113.500.000 101.15%
2007 144.100.000 21.24%
2008 213.500.000 32.51%
2009 207.200.000 -3.04%
2010 245.000.000 15.43%
2011 270.000.000 9.26%
2012 660.700.000 59.13%
2013 165.700.000 -298.73%
2014 148.100.000 -11.88%
2015 426.000.000 65.23%
2016 290.700.000 -46.54%
2017 87.900.000 -230.72%
2018 70.000.000 -25.57%
2019 255.300.000 72.58%
2020 263.000.000 2.93%
2021 -85.000.000 409.41%
2022 348.200.000 124.41%
2023 -20.800.000 1774.04%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Concordia Maritime AB (publ) Gross Profit
Year Gross Profit Growth
2002 285.200.000
2003 298.800.000 4.55%
2004 873.200.000 65.78%
2005 43.200.000 -1921.3%
2006 129.600.000 66.67%
2007 175.000.000 25.94%
2008 264.800.000 33.91%
2009 283.800.000 6.69%
2010 513.400.000 44.72%
2011 397.000.000 -29.32%
2012 103.950.000 -281.91%
2013 45.710.000 -127.41%
2014 42.200.000 -8.32%
2015 259.400.000 83.73%
2016 153.400.000 -69.1%
2017 -578.500.000 126.52%
2018 -98.400.000 -487.91%
2019 38.100.000 358.27%
2020 78.000.000 51.15%
2021 -518.700.000 115.04%
2022 240.000.000 316.13%
2023 -34.000.000 805.88%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Concordia Maritime AB (publ) Net Profit
Year Net Profit Growth
2002 -148.900.000
2003 77.100.000 293.13%
2004 740.200.000 89.58%
2005 57.200.000 -1194.06%
2006 51.900.000 -10.21%
2007 62.900.000 17.49%
2008 95.800.000 34.34%
2009 -81.100.000 218.13%
2010 80.400.000 200.87%
2011 84.800.000 5.19%
2012 -356.000.000 123.82%
2013 -28.800.000 -1136.11%
2014 8.700.000 431.03%
2015 173.900.000 95%
2016 69.500.000 -150.22%
2017 -660.200.000 110.53%
2018 -182.100.000 -262.55%
2019 -102.600.000 -77.49%
2020 -66.000.000 -55.45%
2021 -660.300.000 90%
2022 123.300.000 635.52%
2023 -82.000.000 250.37%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Concordia Maritime AB (publ) Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 -3
2003 2 400%
2004 16 93.33%
2005 1 -1400%
2006 1 0%
2007 1 0%
2008 2 50%
2009 -2 300%
2010 2 200%
2011 2 0%
2012 -7 114.29%
2013 -1 0%
2014 0 0%
2015 4 100%
2016 1 -200%
2017 -14 107.69%
2018 -4 -333.33%
2019 -2 -50%
2020 -1 -100%
2021 -14 92.31%
2022 3 750%
2023 -2 300%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Concordia Maritime AB (publ) Free Cashflow
Year Free Cashflow Growth
2002 -17.300.000
2003 249.000.000 106.95%
2004 116.000.000 -114.66%
2005 -477.900.000 124.27%
2006 -757.600.000 36.92%
2007 -678.000.000 -11.74%
2008 -33.700.000 -1911.87%
2009 -619.700.000 94.56%
2010 -296.600.000 -108.93%
2011 -33.500.000 -785.37%
2012 -260.800.000 87.15%
2013 -28.300.000 -821.55%
2014 -2.300.000 -1130.43%
2015 -81.800.000 97.19%
2016 155.200.000 152.71%
2017 -31.800.000 588.05%
2018 -119.200.000 73.32%
2019 -900.000 -13144.44%
2020 162.100.000 100.56%
2021 -156.700.000 203.45%
2022 121.500.000 228.97%
2023 -207.300.000 158.61%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Concordia Maritime AB (publ) Operating Cashflow
Year Operating Cashflow Growth
2002 -17.300.000
2003 249.000.000 106.95%
2004 116.000.000 -114.66%
2005 14.900.000 -678.52%
2006 9.600.000 -55.21%
2007 160.600.000 94.02%
2008 267.600.000 39.99%
2009 36.100.000 -641.27%
2010 342.000.000 89.44%
2011 296.600.000 -15.31%
2012 167.900.000 -76.65%
2013 36.400.000 -361.26%
2014 85.600.000 57.48%
2015 377.500.000 77.32%
2016 244.700.000 -54.27%
2017 46.200.000 -429.65%
2018 -116.300.000 139.72%
2019 61.800.000 288.19%
2020 303.000.000 79.6%
2021 34.800.000 -770.69%
2022 122.300.000 71.55%
2023 -207.300.000 159%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Concordia Maritime AB (publ) Capital Expenditure
Year Capital Expenditure Growth
2002 0
2003 0 0%
2004 0 0%
2005 492.800.000 100%
2006 767.200.000 35.77%
2007 838.600.000 8.51%
2008 301.300.000 -178.33%
2009 655.800.000 54.06%
2010 638.600.000 -2.69%
2011 330.100.000 -93.46%
2012 428.700.000 23%
2013 64.700.000 -562.6%
2014 87.900.000 26.39%
2015 459.300.000 80.86%
2016 89.500.000 -413.18%
2017 78.000.000 -14.74%
2018 2.900.000 -2589.66%
2019 62.700.000 95.37%
2020 140.900.000 55.5%
2021 191.500.000 26.42%
2022 800.000 -23837.5%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Concordia Maritime AB (publ) Equity
Year Equity Growth
2002 1.153.000.000
2003 1.026.500.000 -12.32%
2004 1.616.800.000 36.51%
2005 1.770.900.000 8.7%
2006 1.627.000.000 -8.84%
2007 1.626.500.000 -0.03%
2008 1.967.000.000 17.31%
2009 1.788.300.000 -9.99%
2010 1.715.400.000 -4.25%
2011 1.777.600.000 3.5%
2012 1.330.800.000 -33.57%
2013 1.292.300.000 -2.98%
2014 1.574.700.000 17.93%
2015 1.868.000.000 15.7%
2016 2.089.700.000 10.61%
2017 1.221.800.000 -71.03%
2018 1.061.500.000 -15.1%
2019 1.055.600.000 -0.56%
2020 795.000.000 -32.78%
2021 296.300.000 -168.31%
2022 410.500.000 27.82%
2023 450.000.000 8.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Concordia Maritime AB (publ) Assets
Year Assets Growth
2002 2.238.900.000
2003 1.407.400.000 -59.08%
2004 1.728.000.000 18.55%
2005 1.897.300.000 8.92%
2006 2.232.500.000 15.01%
2007 2.810.200.000 20.56%
2008 3.486.500.000 19.4%
2009 3.371.500.000 -3.41%
2010 3.460.800.000 2.58%
2011 3.758.200.000 7.91%
2012 3.480.700.000 -7.97%
2013 3.406.500.000 -2.18%
2014 3.715.800.000 8.32%
2015 4.353.800.000 14.65%
2016 4.142.200.000 -5.11%
2017 2.968.400.000 -39.54%
2018 2.793.200.000 -6.27%
2019 3.644.900.000 23.37%
2020 2.874.600.000 -26.8%
2021 2.106.700.000 -36.45%
2022 1.243.700.000 -69.39%
2023 494.200.000 -151.66%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Concordia Maritime AB (publ) Liabilities
Year Liabilities Growth
2002 1.085.900.000
2003 380.900.000 -185.09%
2004 111.200.000 -242.54%
2005 126.400.000 12.03%
2006 605.500.000 79.12%
2007 1.183.700.000 48.85%
2008 1.519.500.000 22.1%
2009 1.583.200.000 4.02%
2010 1.745.400.000 9.29%
2011 1.980.600.000 11.88%
2012 2.149.900.000 7.87%
2013 2.114.200.000 -1.69%
2014 2.141.100.000 1.26%
2015 2.485.800.000 13.87%
2016 2.052.400.000 -21.12%
2017 1.746.600.000 -17.51%
2018 1.731.700.000 -0.86%
2019 2.589.300.000 33.12%
2020 2.079.500.000 -24.52%
2021 1.810.400.000 -14.86%
2022 833.200.000 -117.28%
2023 44.100.000 -1789.34%

Concordia Maritime AB (publ) Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
10.35
Net Income per Share
3.36
Price to Earning Ratio
2.9x
Price To Sales Ratio
0.96x
POCF Ratio
-2.54
PFCF Ratio
-2.55
Price to Book Ratio
1.03
EV to Sales
0.84
EV Over EBITDA
1.47
EV to Operating CashFlow
-2.27
EV to FreeCashFlow
-2.24
Earnings Yield
0.35
FreeCashFlow Yield
-0.39
Market Cap
0,47 Bil.
Enterprise Value
0,42 Bil.
Graham Number
26.7
Graham NetNet
4.72

Income Statement Metrics

Net Income per Share
3.36
Income Quality
-0.73
ROE
0.37
Return On Assets
0.32
Return On Capital Employed
0.51
Net Income per EBT
0.96
EBT Per Ebit
0.72
Ebit per Revenue
0.47
Effective Tax Rate
0.04

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.11
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.5
Operating Profit Margin
0.47
Pretax Profit Margin
0.34
Net Profit Margin
0.32

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-3.84
Free CashFlow per Share
-3.89
Capex to Operating CashFlow
0.01
Capex to Revenue
-0.01
Capex to Depreciation
-0.03
Return on Invested Capital
0.48
Return on Tangible Assets
0.32
Days Sales Outstanding
27.41
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
13.32
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.05

Balance Sheet

Cash per Share
5,06
Book Value per Share
9,43
Tangible Book Value per Share
9.43
Shareholders Equity per Share
9.43
Interest Debt per Share
1.01
Debt to Equity
0.02
Debt to Assets
0.02
Net Debt to EBITDA
-0.21
Current Ratio
6.32
Tangible Asset Value
0,45 Bil.
Net Current Asset Value
0,23 Bil.
Invested Capital
0.02
Working Capital
0,23 Bil.
Intangibles to Total Assets
0
Average Receivables
0,03 Bil.
Average Payables
0,00 Bil.
Average Inventory
216000000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Concordia Maritime AB (publ) Dividends
Year Dividends Growth
2001 1
2002 1 0%
2005 3 100%
2006 1 -200%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2016 1 0%
2017 1 0%

Concordia Maritime AB (publ) Profile

About Concordia Maritime AB (publ)

Concordia Maritime AB (publ) operates as a tanker shipping company in Sweden and internationally. It is involved in the shipbuilding, manning, technical, chartering, and commercial operation. The company engages in the transportation of refined oil products, chemicals, and vegetable oils. Its fleet consists of nine P-MAX product tankers and one suezmax tanker. The company was incorporated in 1959 and is based in Gothenburg, Sweden. Concordia Maritime AB (publ) is a subsidiary of Stena Sessan AB.

CEO
Mr. Erik Lewenhaupt
Employee
4
Address
Sverige
Gothenburg, 405 19

Concordia Maritime AB (publ) Executives & BODs

Concordia Maritime AB (publ) Executives & BODs
# Name Age
1 Mr. Per Läbom
Technology Director
70
2 Mr. Erik Lewenhaupt
Chief Executive Officer
70
3 Mr. Martin Nerfeldt
Chief Financial Officer
70

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