Costamare
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
11.445.435.298.307.2011.14-13.923.572.053.243.9311.14
Price/Sales ratio
2.721.590.921.461.272.302.171.961.020.820.762.30
Price/Book Value ratio
1.640.810.400.490.350.780.740.900.520.520.610.35
Price/Cash Flow ratio
5.413.191.903.163.44K4.403.643.331.963.772.724.40
Price/Free Cash Flow ratio
8.483.231.934.77-3.395.855.79-2.962.1925.533.94-3.39
Price/Earnings Growth ratio
7.780.25-0.09-0.240.41-3.390.06-0.000.06-0.100.030.03
Dividend Yield
7.06%13.08%17.33%6.23%10.14%5.31%6.55%4.57%10.47%5.73%3.59%5.31%
Profitability Indicator Ratios
Gross Profit Margin
49.23%51.51%51.55%46.16%39.18%47.90%45.97%55.67%53.92%28.87%25.40%47.90%
Operating Profit Margin
44.35%44.43%35.46%33.22%30.79%20.94%42.15%35.02%34.13%30.96%21.02%20.94%
Pretax Profit Margin
23.77%29.31%17.45%17.66%17.67%20.70%1.92%54.82%49.79%25.20%19.27%17.67%
Net Profit Margin
23.77%29.31%17.45%17.66%17.67%20.70%-15.58%54.82%49.82%25.52%19.29%17.67%
Effective Tax Rate
38.59%-6.58%-33.80%-31.05%15.89%-12.61%908.27%-7.58%-29.96%N/A0.41%0.41%
Return on Assets
4.23%5.44%3.19%2.92%2.20%3.28%-2.38%9.87%11.33%7.29%7.42%2.20%
Return On Equity
14.33%14.92%7.60%5.98%4.95%7.01%-5.31%25.21%25.68%16.19%15.90%4.95%
Return on Capital Employed
8.85%9.20%7.28%6.18%4.14%3.64%6.92%6.88%8.49%10.12%9.34%4.14%
Liquidity Ratios
Current Ratio
N/AN/AN/A0.810.760.740.92N/AN/AN/A1.640.76
Quick Ratio
0.500.490.700.780.710.700.871.092.331.591.560.71
Cash ratio
0.380.360.580.640.500.550.690.741.691.121.130.50
Days of Sales Outstanding
6.848.546.017.8516.105.646.4812.8213.4420.0417.0316.10
Days of Inventory outstanding
17.1816.2318.3615.8817.3815.4515.3422.1619.9420.8014.9015.45
Operating Cycle
24.0324.7824.3823.7333.4921.1021.8234.9933.3840.8431.9321.10
Days of Payables Outstanding
9.355.646.1910.3713.549.1011.1219.5712.9115.8715.9713.54
Cash Conversion Cycle
14.6719.1418.1813.3519.9411.9910.6915.4220.4724.9615.9615.96
Debt Ratios
Debt Ratio
0.550.500.410.340.420.470.480.550.520.440.410.47
Debt Equity Ratio
1.891.370.980.690.961.011.081.421.190.980.871.01
Long-term Debt to Capitalization
0.620.540.440.340.460.460.490.550.510.450.420.46
Total Debt to Capitalization
0.650.570.490.410.490.500.520.580.540.490.460.50
Interest Coverage Ratio
N/AN/AN/A2.891.98-2.222.82N/AN/AN/A3.151.98
Cash Flow to Debt Ratio
0.160.180.210.220.000.170.180.180.220.140.250.00
Company Equity Multiplier
3.382.732.382.042.242.132.232.552.262.212.102.13
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.500.490.480.460.000.520.590.580.520.210.270.00
Free Cash Flow / Operating Cash Flow Ratio
0.630.980.980.66-1.01K0.750.62-1.120.890.140.69-1.01K
Cash Flow Coverage Ratio
0.160.180.210.220.000.170.180.180.220.140.250.00
Short Term Coverage Ratio
1.261.331.140.920.001.101.671.611.810.951.760.00
Dividend Payout Ratio
80.87%71.14%91.80%51.81%73.08%59.24%-91.24%16.37%21.54%18.63%13.70%59.24%