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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
09/15/2026: CMBT (5-star) is a STRONG-BUY. BUY for 44 days. Simulated Profits (25.55%). Updated daily EoD!
CMB.TECH NV is a forward-thinking maritime company that operates a large fleet of traditional cargo vessels while pioneering the use of hydrogen and ammonia-based propulsion systems. Its main strength lies in this integrated model, which combines reliable shipping cash flows with early-mover status in maritime decarbonization. The primary growth story is its potential to define the industry standard for green shipping, though it faces risks related to market cyclicality and the high cost of scaling new technologies. The stock may suit growth-oriented investors looking for exposure to energy transition. Key developments to monitor include the commercial success of its dual-fuel engines and global regulatory shifts in maritime emissions.
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 | Strong fit | The focus on hydrogen propulsion and green shipping technology offers significant long-term growth potential. |
| Momentum investor | Mixed fit | This is a conditional fit depending on current shipping freight rate trends and market sentiment toward ESG stocks. |
| Value investor | Mixed fit | Asset-heavy shipping operations provide some value support, but growth-oriented capital spending complicates valuation. |
| Dividend investor | Mixed fit | The company has a history of shareholder payouts, but reinvestment needs for green tech may prioritize growth over yield. |
| Low-risk investor | Weak fit | High exposure to cyclical shipping markets and early-stage technology risks makes this unsuitable for conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Shipping stocks are inherently sensitive to global commodity demand and freight rate cycles. |
| Valuation risk | Medium | Valuing a company with both mature shipping assets and nascent R&D projects is complex. |
| Competition risk (Green Tech) | Medium / high | The race to establish dominant green fuel standards is crowded with well-funded competitors. |
| Business quality | Medium | The transformation into a technology provider is capital-intensive and execution-focused. |
| Dividend income | Medium | Strategic capital needs may fluctuate, impacting the consistency of future payouts. |
| Execution risk | High | Scaling new hydrogen-powered maritime hardware requires long-term technical and commercial success. |
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 39.08% | Avg. Invested days 49 | Today’s Advisory Regular Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/15/2026 |
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
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.64B USD | Price to earnings Ratio 6.56 | 1Y Target Price 20.45 |
Price to earnings Ratio 6.56 | 1Y Target Price 20.45 | ||
Volume (30-day avg) 1.1M shares | Beta 0.17 | 52 Weeks Range 8.16 - 19.91 | Updated Date 09/15/2026 |
52 Weeks Range 8.16 - 19.91 | Updated Date 09/15/2026 | ||
Dividends yield (FY) 4.12% | Basic EPS (TTM) 2.96 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Marine Transportation | Leasing and operating tankers and bulk carriers to transport oil and commodities. | Steady, cyclical cash flow from moving physical goods around the world. |
| Clean Technology | Developing, building, and selling dual-fuel engines and hydrogen supply solutions. | Future-oriented growth segment aimed at decarbonizing the maritime industry. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-08-27 | When Before Market | Estimate 0.8 | Actual 1.26 |
Profitability
Profit Margin 37.15% | Operating Margin (TTM) 43.23% |
Management Effectiveness
Return on Assets (TTM) 5.29% | Return on Equity (TTM) 29.59% |
Valuation
Trailing PE 6.56 | Forward PE 16.26 | Enterprise Value 10.92B | Price to Sales(TTM) 2.49 |
Enterprise Value 10.92B | Price to Sales(TTM) 2.49 | ||
Enterprise Value to Revenue 4.82 | Enterprise Value to EBITDA 9.11 | Shares Outstanding 290.17M | Shares Floating 111.18M |
Shares Outstanding 290.17M | Shares Floating 111.18M | ||
Percent Insiders 56.57 | Percent Institutions 17.36 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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.
About CMB.TECH NV
Exchange NYSE | Headquarters - | ||
IPO Launch date 2015-01-23 | CEO & Member of Management Board Mr. Alexander Saverys | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees 2752 | Website https://www.cmb.tech |
Full time employees 2752 | Website https://www.cmb.tech | ||
Cmb.Tech NV engages in marine transportation business in Belgium. It operates through three divisions: Marine, H2 Infra, and H2 Industry. The Marine division designs, builds, owns, and operates various low and zero carbon ships and vessels, such as crew transfer vessels, ferries, commissioning service operations vessels, tugboats, ammonia-powered large bulk carriers, container ships, and chemical and crude oil tankers. The H2 Infra division develops and secures green molecule supplies; and produces and distributes green hydrogen and ammonia. The H2 Industry division provides scalable dual-fuel industrial applications. The company was formerly known as Euronav NV and changed its name to Cmb.Tech NV in October 2024. Cmb.Tech NV was founded in 1989 and is headquartered in Antwerp, Belgium. Cmb.Tech NV is a subsidiary of CMB NV.
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