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17.29 (1y: +31%)
Market Cap 1.3 B P/E(ttm) 15.20
Enterprise Value 2.73 B P/B 2.50
CMRE- NYSE (USA)
Costamare, Inc.
Not Rated
Top Ranked Predictable Companies
$17.29
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

vs
industry		 vs
history
Cash to Debt 0.171
CMRE's Cash to Debt is ranked higher than
58% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.28 vs. CMRE: 0.171 )
CMRE' s 10-Year Cash to Debt Range
Min: 0.01   Max: 0.17
Current: 0.17
0.01
0.17
Equity to Asset 0.225
CMRE's Equity to Asset is ranked lower than
55% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.45 vs. CMRE: 0.225 )
CMRE' s 10-Year Equity to Asset Range
Min: -0.01   Max: 0.23
Current: 0.23
-0.01
0.23
Interest Coverage 2.1
CMRE's Interest Coverage is ranked higher than
63% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.90 vs. CMRE: 2.1 )
CMRE' s 10-Year Interest Coverage Range
Min: 2   Max: 3
Current: 2.1
2
3
F-Score: 5
Z-Score: 0.49
M-Score: -2.94
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

vs
industry		 vs
history
Operating margin (%) 40.10
CMRE's Operating margin (%) is ranked higher than
96% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 5.00 vs. CMRE: 40.10 )
CMRE' s 10-Year Operating margin (%) Range
Min: 40.1   Max: 47.9
Current: 40.1
40.1
47.9
Net-margin (%) 21
CMRE's Net-margin (%) is ranked higher than
92% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 3.10 vs. CMRE: 21 )
CMRE' s 10-Year Net-margin (%) Range
Min: 21   Max: 29.2
Current: 21
21
29.2
ROE (%) 15.6
CMRE's ROE (%) is ranked higher than
91% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 4.20 vs. CMRE: 15.6 )
CMRE' s 10-Year ROE (%) Range
Min: 15.6   Max: 75.3
Current: 15.6
15.6
75.3
ROA (%) 3.5
CMRE's ROA (%) is ranked higher than
74% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.30 vs. CMRE: 3.5 )
CMRE' s 10-Year ROA (%) Range
Min: 3.5   Max: 6.8
Current: 3.5
3.5
6.8
ROC (Joel Greenblatt) (%) 10.10
CMRE's ROC (Joel Greenblatt) (%) is ranked higher than
74% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.90 vs. CMRE: 10.10 )
CMRE' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 9.8   Max: 13.6
Current: 10.1
9.8
13.6
ยป CMRE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2011

CMRE Guru Trades in Q2 2011

Steven Cohen 30,000 sh (-0.33%)
Jim Simons 44,400 sh (-45.1%)
» More
Q3 2011

CMRE Guru Trades in Q3 2011

Jim Simons 53,700 sh (+20.95%)
Steven Cohen 25,900 sh (-13.67%)
» More
Q4 2011

CMRE Guru Trades in Q4 2011

Jim Simons Sold Out
Steven Cohen 25,000 sh (-3.47%)
» More
Q1 2012

CMRE Guru Trades in Q1 2012

Steven Cohen Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with CMRE



No Insider Trades Found!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 15.20
CMRE's P/E(ttm) is ranked higher than
66% of the 688 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 15.60 vs. CMRE: 15.20 )
CMRE' s 10-Year P/E(ttm) Range
Min: 7.08   Max: 15.3
Current: 15.2
7.08
15.3
P/B 2.50
CMRE's P/B is ranked lower than
58% of the 840 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.98 vs. CMRE: 2.50 )
CMRE' s 10-Year P/B Range
Min: 1.73   Max: 2.89
Current: 2.5
1.73
2.89
P/S 3.25
CMRE's P/S is ranked lower than
59% of the 887 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.76 vs. CMRE: 3.25 )
CMRE' s 10-Year P/S Range
Min: 1.65   Max: 3.3
Current: 3.25
1.65
3.3
EV-to-EBIT 17.9
CMRE's EV-to-EBIT is ranked higher than
56% of the 719 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 13.47 vs. CMRE: 17.9 )
CMRE' s 10-Year EV-to-EBIT Range
Min: 11.3   Max: 18
Current: 17.9
11.3
18

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 6.24
CMRE's Dividend Yield is ranked higher than
94% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.50 vs. CMRE: 6.24 )
CMRE' s 10-Year Dividend Yield Range
Min: 1.41   Max: 8.72
Current: 6.24
1.41
8.72
Dividend Payout 0.9432
CMRE's Dividend Payout is ranked lower than
61% of the 521 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.30 vs. CMRE: 0.9432 )
CMRE' s 10-Year Dividend Payout Range
Min: 0.7   Max: 0.9
Current: 0.94
0.7
0.9
Yield on cost (5-Year) 6.20
CMRE's Yield on cost (5-Year) is ranked higher than
94% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.22 vs. CMRE: 6.20 )
CMRE' s 10-Year Yield on cost (5-Year) Range
Min: 1.41   Max: 8.72
Current: 6.2
1.41
8.72

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 2.5
CMRE's Price/Tangible Book is ranked lower than
54% of the 771 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.00 vs. CMRE: 2.5 )
CMRE' s 10-Year Price/Tangible Book Range
Min: 1.8   Max: 2.6
Current: 2.5
1.8
2.6
Price/Median PS Value 1.4
CMRE's Price/Median PS Value is ranked lower than
57% of the 805 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.00 vs. CMRE: 1.4 )
CMRE' s 10-Year Price/Median PS Value Range
Min: 0.9   Max: 1
Current: 1.4
0.9
1
Price/Graham Number 1.2
CMRE's Price/Graham Number is ranked higher than
52% of the 603 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.00 vs. CMRE: 1.2 )
CMRE' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 1.1
Current: 1.2
0.9
1.1
Earnings Yield (Greenblatt) 5.60
CMRE's Earnings Yield (Greenblatt) is ranked higher than
68% of the 952 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 5.00 vs. CMRE: 5.60 )
CMRE' s 10-Year Earnings Yield (Greenblatt) Range
Min: 5.6   Max: 8.8
Current: 5.6
5.6
8.8

Business Description

Costamare Inc was incorporated on April 21, 2008, under the laws of the Marshall Islands and conducts its operations through various subsidiaries. The Company is an international owner of containerships, chartering its vessels to many of the liner companies. The Company is an owner and provider of containerships for charter. Costamare Inc. has 37 years of history in the international shipping industry and a fleet of 56 containerships, with a total capacity of approximately 326,000 TEU, including 10 newbuilds on order. Its containerships operate primarily under multi-year charters and therefore are not subject to the effect of seasonal variations in demand. The Company's major customers are A.P. Moller-Maersk, MSC and COSCO. Its company operates through a number of wholly-owned vessel-owning subsidiaries incorporated in the Republic of Liberia. Each of its vessels is managed by one of its three managers: Costamare Shipping, CIEL and Shanghai Costamare. Costamare Shipping provides the Company with general administrative services, certain commercial services; director and officer (D&O) related insurance services and the services of its executive officers pursuant to a management agreement. Costamare Shipping, itself or through Shanghai Costamare and CIEL, provides its fleet of 41 containerships with technical, crewing, commercial, provisions, bunkering, sale and purchase, chartering, accounting, insurance and administrative services. CIEL provides technical, crewing, provisions, bunkering, sale and purchase and accounting services to eight of its containerships flying the Liberian flag; and Shanghai Costamare provides technical, crewing, provisions, bunkering, sale and purchase and accounting services to the remaining eight containerships of its fleet flying the Hong Kong flag. The Company is subject to international conventions and national, port state and local laws and regulations.
Company Website
Industry: Integrated Shipping & Logistics
Compare:
Traded in other countries:LCM.Germany
ยป More Articles for NYSE:CMRE

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