$Navios Maritime (NMM.US)$ 🎯 2024.4.17 Current price 42.13...

New data: 23Q3 and 23Q4. Revenue and operating profit shrank, and net profit increased due to other non-operating income.

In 2023, revenue increased by 8%, operating profit shrank by 0.7%, net profit shrank by 25.1%, and return on net assets fell to 16.6%.

The balance ratio fell from 52.1% to 46.2%, and both total assets and net assets increased. Asset-side cash increased, revenue declined, and fixed assets increased slightly. Debt-side payables have declined a lot, short-term loans have declined, long-term loans have increased, and interest-bearing loans have generally increased slightly.

Net operating cash flow was higher than net investment, generating shareholder surpluses.

Currently, the price-earnings ratio of 3,5-year average net profit of 280 million corresponds to a price-earnings ratio of 4.55. The valuation is still discounted, so you can choose carefully (⭐️)