Top Ships Statistics
Total Valuation
Top Ships has a market cap or net worth of $4.05 million. The enterprise value is $200.29 million.
| Market Cap | 4.05M |
| Enterprise Value | 200.29M |
Important Dates
The next estimated earnings date is Tuesday, October 6, 2026, after market close.
| Earnings Date | Oct 6, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
Top Ships has 5.54 million shares outstanding.
| Current Share Class | 5.54M |
| Shares Outstanding | 5.54M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 60.84% |
| Owned by Institutions (%) | 4.74% |
| Float | 2.17M |
Valuation Ratios
The trailing PE ratio is 1.06.
| PE Ratio | 1.06 |
| Forward PE | n/a |
| PS Ratio | 0.05 |
| Forward PS | n/a |
| PB Ratio | 0.04 |
| P/TBV Ratio | 0.05 |
| P/FCF Ratio | 0.72 |
| P/OCF Ratio | 0.15 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.20, with an EV/FCF ratio of 35.63.
| EV / Earnings | 64.90 |
| EV / Sales | 2.49 |
| EV / EBITDA | 5.20 |
| EV / EBIT | 7.62 |
| EV / FCF | 35.63 |
Financial Position
The company has a current ratio of 0.61, with a Debt / Equity ratio of 2.43.
| Current Ratio | 0.61 |
| Quick Ratio | 0.55 |
| Debt / Equity | 2.43 |
| Debt / EBITDA | 4.49 |
| Debt / FCF | 38.54 |
| Interest Coverage | 1.28 |
Financial Efficiency
Return on equity (ROE) is 2.64% and return on invested capital (ROIC) is 4.59%.
| Return on Equity (ROE) | 2.64% |
| Return on Assets (ROA) | 4.34% |
| Return on Invested Capital (ROIC) | 4.59% |
| Return on Capital Employed (ROCE) | 8.94% |
| Weighted Average Cost of Capital (WACC) | 7.66% |
| Revenue Per Employee | $80.42M |
| Profits Per Employee | $3.09M |
| Employee Count | 1 |
| Asset Turnover | 0.21 |
| Inventory Turnover | 39.91 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -86.54% in the last 52 weeks. The beta is 2.05, so Top Ships's price volatility has been higher than the market average.
| Beta (5Y) | 2.05 |
| 52-Week Price Change | -86.54% |
| 50-Day Moving Average | 0.76 |
| 200-Day Moving Average | 2.78 |
| Relative Strength Index (RSI) | 43.58 |
| Average Volume (20 Days) | 82,469 |
Short Selling Information
The latest short interest is 90,082, so 12.14% of the outstanding shares have been sold short.
| Short Interest | 90,082 |
| Short Previous Month | 100,256 |
| Short % of Shares Out | 12.14% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 2.39 |
Income Statement
In the last 12 months, Top Ships had revenue of $80.42 million and earned $3.09 million in profits. Earnings per share was $0.67.
| Revenue | 80.42M |
| Gross Profit | 49.54M |
| Operating Income | 26.28M |
| Pretax Income | 3.09M |
| Net Income | 3.09M |
| EBITDA | 38.55M |
| EBIT | 26.28M |
| Earnings Per Share (EPS) | $0.67 |
Balance Sheet
The company has $20.37 million in cash and $216.61 million in debt, with a net cash position of -$196.24 million or -$35.41 per share.
| Cash & Cash Equivalents | 20.37M |
| Total Debt | 216.61M |
| Net Cash | -196.24M |
| Net Cash Per Share | -$35.41 |
| Equity (Book Value) | 89.19M |
| Book Value Per Share | 19.28 |
| Working Capital | -15.51M |
Cash Flow
In the last 12 months, operating cash flow was $26.43 million and capital expenditures -$20.81 million, giving a free cash flow of $5.62 million.
| Operating Cash Flow | 26.43M |
| Capital Expenditures | -20.81M |
| Depreciation & Amortization | 12.27M |
| Net Borrowing | 11.11M |
| Free Cash Flow | 5.62M |
| FCF Per Share | $1.01 |
Margins
Gross margin is 61.61%, with operating and profit margins of 32.68% and 3.84%.
| Gross Margin | 61.61% |
| Operating Margin | 32.68% |
| Pretax Margin | 3.84% |
| Profit Margin | 3.84% |
| EBITDA Margin | 47.94% |
| EBIT Margin | 32.68% |
| FCF Margin | 6.99% |
Dividends & Yields
This stock pays an annual dividend of $0.84, which amounts to a dividend yield of 115.07%.
| Dividend Per Share | $0.84 |
| Dividend Yield | 115.07% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | n/a |
| Shareholder Yield | 114.64% |
| Earnings Yield | 76.28% |
| FCF Yield | 138.95% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (3Y) | n/a |
| EPS Growth Forecast (3Y) | n/a |
Fair 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 -0.9 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -0.9 |
| Piotroski F-Score | 7 |