OceanPal (NASDAQ:OP – Get Free Report) and C3is (NASDAQ:CISS – Get Free Report) are both small-cap transportation companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, valuation, risk, dividends, profitability and analyst recommendations.
Profitability
This table compares OceanPal and C3is’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
OceanPal | -16.24% | -3.63% | -3.51% |
C3is | 32.12% | 22.99% | 14.33% |
Institutional & Insider Ownership
10.5% of C3is shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Analyst Ratings
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
OceanPal | 0 | 0 | 0 | 0 | N/A |
C3is | 0 | 0 | 0 | 0 | N/A |
Valuation & Earnings
This table compares OceanPal and C3is’ revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
OceanPal | $4.72 billion | 0.00 | -$1.98 million | ($2.83) | -0.56 |
C3is | $36.90 million | 0.01 | $9.29 million | $30.11 | 0.04 |
C3is has lower revenue, but higher earnings than OceanPal. OceanPal is trading at a lower price-to-earnings ratio than C3is, indicating that it is currently the more affordable of the two stocks.
Risk & Volatility
OceanPal has a beta of 0.52, meaning that its stock price is 48% less volatile than the S&P 500. Comparatively, C3is has a beta of 2.89, meaning that its stock price is 189% more volatile than the S&P 500.
Summary
C3is beats OceanPal on 9 of the 10 factors compared between the two stocks.
About OceanPal
OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.
About C3is
C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.
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