Top Ships Statistics
Total Valuation
Top Ships has a market cap or net worth of $27.71 million. The enterprise value is $290.59 million.
Important Dates
The next estimated earnings date is Friday, November 14, 2025, before market open.
| Earnings Date | Nov 14, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
Top Ships has 4.63 million shares outstanding. The number of shares has increased by 37.26% in one year.
| Current Share Class | 4.63M |
| Shares Outstanding | 4.63M |
| Shares Change (YoY) | +37.26% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 9.53% |
| Owned by Institutions (%) | 0.85% |
| Float | 1.25M |
Valuation Ratios
The trailing PE ratio is 2.60.
| PE Ratio | 2.60 |
| Forward PE | n/a |
| PS Ratio | 0.32 |
| Forward PS | n/a |
| PB Ratio | 0.22 |
| P/TBV Ratio | 0.22 |
| P/FCF Ratio | 8.26 |
| P/OCF Ratio | 0.93 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 6.40, with an EV/FCF ratio of 86.67.
| EV / Earnings | 27.26 |
| EV / Sales | 3.31 |
| EV / EBITDA | 6.40 |
| EV / EBIT | 9.12 |
| EV / FCF | 86.67 |
Financial Position
The company has a current ratio of 0.38, with a Debt / Equity ratio of 2.11.
| Current Ratio | 0.38 |
| Quick Ratio | 0.17 |
| Debt / Equity | 2.11 |
| Debt / EBITDA | 4.78 |
| Debt / FCF | 80.18 |
| Interest Coverage | 1.66 |
Financial Efficiency
Return on equity (ROE) is 7.94% and return on invested capital (ROIC) is 4.89%.
| Return on Equity (ROE) | 7.94% |
| Return on Assets (ROA) | 4.65% |
| Return on Invested Capital (ROIC) | 4.89% |
| Return on Capital Employed (ROCE) | 8.45% |
| Revenue Per Employee | $87.87M |
| Profits Per Employee | $10.66M |
| Employee Count | 1 |
| Asset Turnover | 0.21 |
| Inventory Turnover | 33.15 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -32.62% in the last 52 weeks. The beta is 2.16, so Top Ships's price volatility has been higher than the market average.
| Beta (5Y) | 2.16 |
| 52-Week Price Change | -32.62% |
| 50-Day Moving Average | 5.67 |
| 200-Day Moving Average | 6.02 |
| Relative Strength Index (RSI) | 55.79 |
| Average Volume (20 Days) | 8,507 |
Short Selling Information
| Short Interest | 90,082 |
| Short Previous Month | 100,256 |
| Short % of Shares Out | 7.27% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 16.28 |
Income Statement
In the last 12 months, Top Ships had revenue of $87.87 million and earned $10.66 million in profits. Earnings per share was $2.30.
| Revenue | 87.87M |
| Gross Profit | 55.75M |
| Operating Income | 31.86M |
| Pretax Income | 10.66M |
| Net Income | 10.66M |
| EBITDA | 45.40M |
| EBIT | 31.86M |
| Earnings Per Share (EPS) | $2.30 |
Full Income StatementBalance Sheet
The company has $5.97 million in cash and $268.85 million in debt, giving a net cash position of -$262.88 million or -$56.82 per share.
| Cash & Cash Equivalents | 5.97M |
| Total Debt | 268.85M |
| Net Cash | -262.88M |
| Net Cash Per Share | -$56.82 |
| Equity (Book Value) | 127.14M |
| Book Value Per Share | 27.48 |
| Working Capital | -30.56M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $29.83 million and capital expenditures -$26.48 million, giving a free cash flow of $3.35 million.
| Operating Cash Flow | 29.83M |
| Capital Expenditures | -26.48M |
| Free Cash Flow | 3.35M |
| FCF Per Share | $0.72 |
Full Cash Flow StatementMargins
Gross margin is 63.45%, with operating and profit margins of 36.26% and 12.13%.
| Gross Margin | 63.45% |
| Operating Margin | 36.26% |
| Pretax Margin | 12.13% |
| Profit Margin | 12.13% |
| EBITDA Margin | 51.66% |
| EBIT Margin | 36.26% |
| FCF Margin | 3.82% |
Dividends & Yields
Top Ships does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -37.26% |
| Shareholder Yield | -37.26% |
| Earnings Yield | 38.46% |
| FCF Yield | 12.10% |
Dividend DetailsAnalyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | n/a |
| Lynch Upside | n/a |
| Graham Number | |
| Graham Upside | |
Stock Splits
The last stock split was on September 29, 2023. It was a reverse split with a ratio of 1:12.
| Last Split Date | Sep 29, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:12 |
Scores
Top Ships has an Altman Z-Score of -0.55 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.55 |
| Piotroski F-Score | 7 |
