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Upturn AI Summary - About
CMB.TECH NV(CMBT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CMBT
11/13/2026: CMBT (5-star) is currently NOT-A-BUY. Pass it for now.
CMB.TECH NV is a dual-focus maritime company, blending traditional bulk and tanker shipping operations with a pioneering clean-tech division focused on hydrogen propulsion. The company’s primary strength lies in its vertical integration, allowing it to test proprietary green technologies on its own fleet. Its main investment story centers on the long-term decarbonization of global shipping, offering unique exposure to hydrogen adoption in maritime transport. However, the company faces significant risks, including high capital expenditure for R&D and the inherent volatility of cyclical shipping markets. It may best suit growth-oriented investors interested in the energy transition, provided they are prepared for the volatility typical of industrial and maritime sectors.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to the green energy transition but carries risks associated with legacy shipping volatility. |
| Momentum investor | Mixed fit | Momentum depends on the shipping cycle and news flow surrounding hydrogen technology adoption. |
| Value investor | Mixed fit | Valuation is often tied to cyclical asset values, making it difficult to assess using traditional P/E metrics. |
| Dividend investor | Weak fit | Capital is currently prioritized for R&D and fleet renewal rather than consistent dividend growth. |
| Low-risk investor | Weak fit | The combination of shipping cyclicality and tech development creates a high-risk profile. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Shipping stocks are inherently sensitive to global trade cycles and commodity price swings. |
| Valuation risk | Medium / high | Valuations fluctuate significantly based on asset fair value and speculative growth prospects. |
| Competition risk (shipping/tech) | Medium | The company faces competition both in traditional shipping rates and in the race for clean-tech standards. |
| Business quality | Medium | Transitioning from a legacy tanker model to a tech-driven entity introduces significant execution complexity. |
| Dividend income | Low | The current focus on growth and R&D limits the capacity for reliable dividend income. |
| Execution risk | Medium / high | Successfully scaling hydrogen technology is a complex, long-term operational challenge. |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.08B USD | Price to earnings Ratio 5.92 | 1Y Target Price 20.45 |
Price to earnings Ratio 5.92 | 1Y Target Price 20.45 | ||
Volume (30-day avg) 1.2M shares | Beta 0.14 | 52 Weeks Range 8.14 - 20.50 | Updated Date 11/14/2026 |
52 Weeks Range 8.14 - 20.50 | Updated Date 11/14/2026 | ||
Dividends yield (FY) 7.31% | Basic EPS (TTM) 2.96 |
Sector & Industry Intelligence
Sector
Energy
Caution- Sentiment
- Strong Bearish
- Momentum
- Rapid Breadth Deterioration
- BUY participation
- 10.9%
- Active BUY / eligible
- 6 / 55
- 30-Day BUY Count Change
- -22
- Market state
- Strong Bearish
BUY participation is falling rapidly, suggesting elevated market vulnerability.
Industry
Oil & Gas Midstream
- BUY participation
- 18.2%
- Active BUY / eligible
- 4 / 22
- 30-Day BUY Count Change
- -5
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 27.73% | Avg. Invested days 52 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Shipping Operations | Revenue from transporting crude oil, dry bulk commodities, and chemicals. | The bread and butter of the company, sensitive to global trade and shipping rates. |
| Clean Tech & Engineering | Sales and licensing of hydrogen engines and green marine technologies. | The growth engine focused on the long-term shift toward green shipping. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 5.92 | Forward PE 14.73 | Enterprise Value 10.31B | Price to Sales(TTM) 2.24 |
Enterprise Value 10.31B | Price to Sales(TTM) 2.24 | ||
Enterprise Value to Revenue 4.55 | Enterprise Value to EBITDA 6.15 | Shares Outstanding 290.17M | Shares Floating 111.18M |
Shares Outstanding 290.17M | Shares Floating 111.18M | ||
Percent Insiders 56.81 | Percent Institutions 17.89 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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