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Upturn AI SWOT - About
Castor Maritime Inc (CTRM)
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Upturn Advisory Summary
07/03/2025: CTRM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit 15.24% | Avg. Invested days 28 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 20.77M USD | Price to earnings Ratio 5.66 | 1Y Target Price - |
Price to earnings Ratio 5.66 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.77 | 52 Weeks Range 1.98 - 5.49 | Updated Date 06/29/2025 |
52 Weeks Range 1.98 - 5.49 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.38 |
Earnings Date
Report Date 2025-06-30 | When Before Market | Estimate - | Actual - |
Profitability
Profit Margin 22.07% | Operating Margin (TTM) -38.61% |
Management Effectiveness
Return on Assets (TTM) 0.13% | Return on Equity (TTM) 2.69% |
Valuation
Trailing PE 5.66 | Forward PE - | Enterprise Value 52786356 | Price to Sales(TTM) 0.31 |
Enterprise Value 52786356 | Price to Sales(TTM) 0.31 | ||
Enterprise Value to Revenue 0.8 | Enterprise Value to EBITDA 1.53 | Shares Outstanding 9662350 | Shares Floating 9651146 |
Shares Outstanding 9662350 | Shares Floating 9651146 | ||
Percent Insiders - | Percent Institutions 4.2 |
Upturn AI SWOT
Castor Maritime Inc
Company Overview
History and Background
Castor Maritime Inc. was founded in 2017. It is a global shipping company that initially focused on dry bulk vessels and later diversified into tanker and container vessels. Its growth has been largely through acquisitions.
Core Business Areas
- Dry Bulk Shipping: Transport of dry bulk commodities like iron ore, coal, and grains.
- Tanker Shipping: Transport of crude oil and refined petroleum products.
- Container Shipping: Transport of containerized goods.
Leadership and Structure
Petros Panagiotidis serves as the Chief Executive Officer. The company has a board of directors and operates through various subsidiary companies that own and manage the vessels.
Top Products and Market Share
Key Offerings
- Dry Bulk Shipping: Transport of dry bulk commodities. Market share data is fragmented and difficult to pinpoint for Castor Maritime specifically but the dry bulk market is highly competitive. Competitors: Star Bulk Carriers (SBLK), Golden Ocean Group (GOGL).
- Tanker Shipping: Transport of oil. Market share data is fragmented and difficult to pinpoint for Castor Maritime specifically. Competitors: Frontline (FRO), Euronav (EURN).
- Container Shipping: Transport of containerized goods. Market share data is fragmented and difficult to pinpoint for Castor Maritime specifically. Competitors: A.P. Moller - Maersk (AMKBY), CMA CGM.
Market Dynamics
Industry Overview
The shipping industry is highly cyclical and influenced by global trade, economic growth, and geopolitical events. Demand fluctuates based on these factors.
Positioning
Castor Maritime is a smaller player in the shipping industry compared to its larger competitors. Its competitive advantage would be in quick fleet expansion and diversification, if executed well. However, the company lacks significant scale.
Total Addressable Market (TAM)
The TAM for the global shipping market is estimated to be hundreds of billions of dollars. Castor Maritime, being a relatively small player, captures a tiny fraction of this overall market.
Upturn SWOT Analysis
Strengths
- Fleet diversification (Dry bulk, Tanker, Container)
- Rapid fleet expansion
- Experienced management team
Weaknesses
- Small market capitalization
- High debt levels
- Dependence on spot market rates
- History of Dilution
Opportunities
- Increasing global trade volumes
- Acquiring distressed assets at favorable prices
- Entering new shipping segments (e.g., LNG)
- Favorable regulatory changes
Threats
- Economic downturns reducing shipping demand
- Geopolitical instability
- Overcapacity in the shipping industry
- Fluctuations in fuel prices
- Environmental regulations
Competitors and Market Share
Key Competitors
- SBLK
- GOGL
- FRO
- EURN
Competitive Landscape
Castor Maritime is a smaller player with less established market share compared to competitors like Star Bulk and Frontline. Its advantages lie in its diversified fleet and potentially quicker responsiveness to market opportunities but suffers from a poor track record and stock dilution.
Growth Trajectory and Initiatives
Historical Growth: Growth has been primarily driven by acquisitions of vessels rather than organic growth.
Future Projections: Future growth is contingent on successful integration of acquired assets, favorable shipping rates, and effective debt management. Analyst estimates are mixed.
Recent Initiatives: Recent initiatives include fleet expansion and diversification across different vessel types.
Summary
Castor Maritime is a small shipping company exhibiting a high-risk profile due to its volatile financial performance and high debt. Its strength lies in fleet diversification, but it faces challenges from larger competitors and fluctuating market conditions. The company's growth strategy relies on acquisitions, which introduces integration risks and increases its financial leverage. The frequent stock dilution also is a major red flag. The company should focus on improving its financial stability and optimizing its operations to achieve sustainable growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Financial News Articles
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Investment decisions should be based on thorough research and consultation with a financial professional.
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.
About Castor Maritime Inc
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2019-02-11 | Founder, Chairman, CEO, CFO, President & Treasurer Mr. Petros Panagiotidis | ||
Sector Industrials | Industry Marine Shipping | Full time employees 155 | Website https://www.castormaritime.com |
Full time employees 155 | Website https://www.castormaritime.com | ||
Castor Maritime Inc. operates as a shipping and energy company worldwide. It operates through Dry Bulk, Containership, and Asset Management segments. The company offers seaborne transportation services for dry bulk and containership cargoes; and transportation of commodities, such as iron ore, coal, soybeans, etc. It also provides technical and commercial ship management and energy infrastructure project services. As of December 31, 2024, the company owned and operated a fleet of 13 vessels primarily consisting of four Kamsarmax, five Panamax, and one Ultramax dry bulk vessels, as well as two 2,700 TEU and one 1,850 TEU containerships. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.
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