Top Ships Inc. Logo

Top Ships Inc.

TOPS

(2.0)
Stock Price

8,49 USD

18.09% ROA

10.05% ROE

0.35x PER

Market Cap.

68.560.580,00 USD

134.92% DER

0% Yield

15.45% NPM

Top Ships Inc. Stock Analysis

Top Ships Inc. 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.

Top Ships Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (28.18%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

The stock's low PBV ratio (0.42x) suggests it's undervalued, making it an attractive opportunity for investors.

3 ROA

The stock's ROA (8.71%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Net Profit Growth

This company's net profit has been consistently on the rise over the past three years, indicating a strong financial performance and making it an appealing investment opportunity.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 DER

The stock is burdened with a heavy load of debt (141%), making it financially unstable and potentially risky for investors.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Dividend Growth

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

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock appears overvalued (5) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Top Ships Inc. 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.

Top Ships Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Top Ships Inc. 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.

Top Ships Inc. Revenue
Year Revenue Growth
2001 13.344.000
2002 11.426.000 -16.79%
2003 23.085.000 50.5%
2004 93.829.000 75.4%
2005 244.215.000 61.58%
2006 310.043.000 21.23%
2007 252.259.000 -22.91%
2008 257.380.000 1.99%
2009 107.979.000 -138.36%
2010 90.875.000 -18.82%
2011 41.694.000 -117.96%
2012 31.428.000 -32.67%
2013 20.074.000 -56.56%
2014 3.602.000 -457.3%
2015 13.075.000 72.45%
2016 28.433.000 54.01%
2017 39.363.000 27.77%
2018 41.048.000 4.1%
2019 66.088.000 37.89%
2020 60.222.000 -9.74%
2021 56.367.000 -6.84%
2022 80.656.000 30.11%
2023 82.290.000 1.99%

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.

Top Ships Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 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 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
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.

Top Ships Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 3.159.000 100%
2006 168.905.000 98.13%
2007 22.996.000 -634.5%
2008 31.473.000 26.93%
2009 23.835.000 -32.05%
2010 30.995.000 23.1%
2011 0 0%
2012 9.506.000 100%
2013 4.656.000 -104.17%
2014 3.090.000 -50.68%
2015 4.872.000 36.58%
2016 2.906.000 -67.65%
2017 5.805.000 49.94%
2018 15.523.000 62.6%
2019 12.407.000 -25.11%
2020 9.508.000 -30.49%
2021 1.943.000 -389.35%
2022 1.617.000 -20.16%
2023 3.782.000 57.24%

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.

Top Ships Inc. EBITDA
Year EBITDA Growth
2001 7.687.000
2002 2.569.000 -199.22%
2003 7.990.000 67.85%
2004 55.901.000 85.71%
2005 133.874.000 58.24%
2006 81.556.000 -64.15%
2007 -247.631.000 132.93%
2008 107.348.000 330.68%
2009 76.321.000 -40.65%
2010 63.185.000 -20.79%
2011 22.578.000 -179.85%
2012 19.505.000 -15.75%
2013 13.216.000 -47.59%
2014 329.000 -3917.02%
2015 -3.546.000 109.28%
2016 4.843.000 173.22%
2017 2.749.000 -76.17%
2018 2.922.000 5.92%
2019 29.317.000 90.03%
2020 24.284.000 -20.73%
2021 16.708.000 -45.34%
2022 33.235.000 49.73%
2023 46.896.000 29.13%

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.

Top Ships Inc. Gross Profit
Year Gross Profit Growth
2001 5.586.000
2002 3.562.000 -56.82%
2003 14.665.000 75.71%
2004 60.072.000 75.59%
2005 152.805.000 60.69%
2006 238.362.000 35.89%
2007 5.719.000 -4067.9%
2008 87.890.000 93.49%
2009 65.439.000 -34.31%
2010 83.824.000 21.93%
2011 32.219.000 -160.17%
2012 18.216.000 -76.87%
2013 12.284.000 -48.29%
2014 1.641.000 -648.57%
2015 811.000 -102.34%
2016 6.441.000 87.41%
2017 11.237.000 42.68%
2018 11.634.000 3.41%
2019 28.653.000 59.4%
2020 24.868.000 -15.22%
2021 20.500.000 -21.31%
2022 36.251.000 43.45%
2023 50.678.000 28.47%

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.

Top Ships Inc. Net Profit
Year Net Profit Growth
2001 1.777.000
2002 201.000 -784.08%
2003 1.634.000 87.7%
2004 32.794.000 95.02%
2005 68.684.000 52.25%
2006 15.141.000 -353.63%
2007 -49.076.000 130.85%
2008 25.639.000 291.41%
2009 -50.196.000 151.08%
2010 2.513.000 2097.45%
2011 -189.112.000 101.33%
2012 -63.984.000 -195.56%
2013 1.408.000 4644.32%
2014 2.896.000 51.38%
2015 -17.014.000 117.02%
2016 1.052.000 1717.3%
2017 -13.377.000 107.86%
2018 -11.425.000 -17.09%
2019 -33.346.000 65.74%
2020 -44.254.000 24.65%
2021 16.498.000 368.24%
2022 40.890.000 59.65%
2023 4.578.000 -793.18%

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.

Top Ships Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 1.777.000
2002 201.000 -784.08%
2003 1.634.000 87.7%
2004 5.334 -30533.67%
2005 5.166 -3.25%
2006 -812 736.21%
2007 -49.076.000 100%
2008 13.580 361484.39%
2009 -50.196.000 100.03%
2010 1.120 4481885.71%
2011 -189.112.000 100%
2012 -63.984.000 -195.56%
2013 56.320.000 213.61%
2014 5.792.000 -872.38%
2015 -17.014.000 134.04%
2016 -351.000 -4747.29%
2017 -14.997 -2240.62%
2018 -6.284 -138.64%
2019 -5.695 -10.34%
2020 -38 -15291.89%
2021 8 562.5%
2022 4 -166.67%
2023 2 -50%

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.

Top Ships Inc. Free Cashflow
Year Free Cashflow Growth
2002 -16.138.000
2003 -17.034.000 5.26%
2004 -325.153.000 94.76%
2005 -583.271.000 44.25%
2006 -10.270.000 -5579.37%
2007 -406.973.000 97.48%
2008 -222.347.000 -83.04%
2009 5.740.000 3973.64%
2010 35.186.000 83.69%
2011 15.423.000 -128.14%
2012 15.122.000 -1.99%
2013 -11.330.000 233.47%
2014 -48.714.000 76.74%
2015 -54.797.000 11.1%
2016 -66.679.000 17.82%
2017 -40.733.000 -63.7%
2018 -62.839.000 35.18%
2019 -184.036.000 65.86%
2020 -114.783.000 -60.33%
2020 -91.205.000 -25.85%
2021 -99.452.000 8.29%
2022 -183.295.000 45.74%
2023 6.511.500 2914.94%

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.

Top Ships Inc. Operating Cashflow
Year Operating Cashflow Growth
2002 2.409.000
2003 4.930.000 51.14%
2004 28.601.000 82.76%
2005 94.673.000 69.79%
2006 21.070.000 -349.33%
2007 -11.290.000 286.63%
2008 11.847.000 195.3%
2009 6.576.000 -80.16%
2010 35.602.000 81.53%
2011 15.779.000 -125.63%
2012 15.129.000 -4.3%
2013 3.070.000 -392.8%
2014 -2.803.000 209.53%
2015 -1.387.000 -102.09%
2016 6.704.000 120.69%
2017 695.000 -864.6%
2018 716.000 2.93%
2019 19.194.000 96.27%
2020 6.040.000 -217.78%
2020 -278.000 2272.66%
2021 16.061.000 101.73%
2022 33.419.000 51.94%
2023 6.511.500 -413.23%

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.

Top Ships Inc. Capital Expenditure
Year Capital Expenditure Growth
2002 18.547.000
2003 21.964.000 15.56%
2004 353.754.000 93.79%
2005 677.944.000 47.82%
2006 31.340.000 -2063.19%
2007 395.683.000 92.08%
2008 234.194.000 -68.96%
2009 836.000 -27913.64%
2010 416.000 -100.96%
2011 356.000 -16.85%
2012 7.000 -4985.71%
2013 14.400.000 99.95%
2014 45.911.000 68.63%
2015 53.410.000 14.04%
2016 73.383.000 27.22%
2017 41.428.000 -77.13%
2018 63.555.000 34.82%
2019 203.230.000 68.73%
2020 120.823.000 -68.2%
2020 90.927.000 -32.88%
2021 115.513.000 21.28%
2022 216.714.000 46.7%
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.

Top Ships Inc. Equity
Year Equity Growth
2002 8.772.000
2003 16.319.000 46.25%
2004 321.809.000 94.93%
2005 369.658.000 12.94%
2006 197.855.000 -86.83%
2007 211.408.000 6.41%
2008 292.051.000 27.61%
2009 247.196.000 -18.15%
2010 255.482.000 3.24%
2011 76.684.000 -233.16%
2012 13.079.000 -486.31%
2013 14.795.000 11.6%
2014 42.529.000 65.21%
2015 34.153.000 -24.52%
2016 47.262.000 27.74%
2017 107.274.000 55.94%
2018 104.281.000 -2.87%
2019 105.757.000 1.4%
2020 134.218.000 21.21%
2021 93.222.000 -43.98%
2022 197.023.000 52.68%
2023 185.612.000 -6.15%

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.

Top Ships Inc. Assets
Year Assets Growth
2002 33.649.000
2003 55.911.000 39.82%
2004 539.886.000 89.64%
2005 980.897.000 44.96%
2006 522.735.000 -87.65%
2007 776.917.000 32.72%
2008 698.375.000 -11.25%
2009 675.930.000 -3.32%
2010 622.091.000 -8.65%
2011 296.373.000 -109.9%
2012 211.415.000 -40.19%
2013 27.868.000 -658.63%
2014 75.575.000 63.13%
2015 75.330.000 -0.33%
2016 143.317.000 47.44%
2017 220.448.000 34.99%
2018 258.488.000 14.72%
2019 444.890.000 41.9%
2020 293.032.000 -51.82%
2021 330.788.000 11.41%
2022 469.337.000 29.52%
2023 446.220.000 -5.18%

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.

Top Ships Inc. Liabilities
Year Liabilities Growth
2002 24.877.000
2003 39.592.000 37.17%
2004 218.077.000 81.84%
2005 611.239.000 64.32%
2006 324.880.000 -88.14%
2007 565.509.000 42.55%
2008 406.324.000 -39.18%
2009 428.734.000 5.23%
2010 366.609.000 -16.95%
2011 219.689.000 -66.88%
2012 198.336.000 -10.77%
2013 13.073.000 -1417.14%
2014 33.046.000 60.44%
2015 41.177.000 19.75%
2016 96.055.000 57.13%
2017 113.174.000 15.13%
2018 154.207.000 26.61%
2019 339.133.000 54.53%
2020 158.814.000 -113.54%
2021 237.566.000 33.15%
2022 272.314.000 12.76%
2023 260.608.000 -4.49%

Top Ships Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
22.95
Net Income per Share
42.08
Price to Earning Ratio
0.35x
Price To Sales Ratio
1.56x
POCF Ratio
0.87
PFCF Ratio
2.12
Price to Book Ratio
0.15
EV to Sales
7.03
EV Over EBITDA
5.22
EV to Operating CashFlow
9.52
EV to FreeCashFlow
9.57
Earnings Yield
2.84
FreeCashFlow Yield
0.47
Market Cap
0,07 Bil.
Enterprise Value
0,31 Bil.
Graham Number
302.71
Graham NetNet
-130.34

Income Statement Metrics

Net Income per Share
42.08
Income Quality
2.02
ROE
-1.31
Return On Assets
0.04
Return On Capital Employed
0.13
Net Income per EBT
0.8
EBT Per Ebit
0.47
Ebit per Revenue
0.41
Effective Tax Rate
-1.38

Margins

Sales, General, & Administrative to Revenue
0.43
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.6
Operating Profit Margin
0.41
Pretax Profit Margin
0.19
Net Profit Margin
0.15

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0.12
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
16.94
Free CashFlow per Share
16.86
Capex to Operating CashFlow
-0
Capex to Revenue
-0
Capex to Depreciation
-0.01
Return on Invested Capital
0.33
Return on Tangible Assets
0.18
Days Sales Outstanding
5.16
Days Payables Outstanding
16.34
Days of Inventory on Hand
9.82
Receivables Turnover
70.78
Payables Turnover
22.34
Inventory Turnover
37.18
Capex per Share
-0.08

Balance Sheet

Cash per Share
5,02
Book Value per Share
96,78
Tangible Book Value per Share
96.78
Shareholders Equity per Share
96.78
Interest Debt per Share
144.53
Debt to Equity
1.35
Debt to Assets
0.56
Net Debt to EBITDA
4.06
Current Ratio
0.23
Tangible Asset Value
0,19 Bil.
Net Current Asset Value
-0,25 Bil.
Invested Capital
1.35
Working Capital
-0,04 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
1057000
Debt to Market Cap
3.65

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.

Top Ships Inc. Dividends
Year Dividends Growth
2004 0
2005 1 0%
2006 8 100%

Top Ships Inc. Profile

About Top Ships Inc.

Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.

CEO
Mr. Evangelos J. Pistiolis
Employee
1
Address
1 Vasilisis Sofias & Megalou Alexandro S
Marousi, 15124

Top Ships Inc. Executives & BODs

Top Ships Inc. Executives & BODs
# Name Age
1 Mr. Evangelos J. Pistiolis
Founder, President, Chief Executive Officer & Director
70
2 Mr. Alexandros Tsirikos
Chief Financial Officer & Executive Director
70
3 Mr. Vangelis G. Ikonomou
Chief Operating Officer
70
4 Mr. Konstantinos Patis
Chief Technical Officer
70

Top Ships Inc. Competitors