Company Valuation: Marine Petroleum Trust

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 3.76 9.78 14.88 10.56 7.9 9.05
Change - 160.11% 52.15% -29.03% -25.19% 14.56%
Enterprise Value (EV) 1 2.826 8.878 13.73 9.582 6.935 8.128
Change - 214.13% 54.61% -30.19% -27.63% 17.22%
P/E 6.55x 60.5x 12.4x 7.68x 11.1x 12.4x
PBR 4.01x 10.8x 12.9x 10.8x 8.18x 9.82x
PEG - -0.8x 0x 0.5x -0.2x 5.96x
Capitalization / Revenue 4.77x 25.3x 10.3x 6.4x 7.56x 8.67x
EV / Revenue 3.59x 23x 9.52x 5.81x 6.64x 7.79x
EV / EBITDA - - - - - -
EV / EBIT 4.92x 54.9x 11.4x 6.97x 9.72x 11.2x
EV / FCF - - - - - -
FCF Yield - - - - - -
Dividend per Share 2 0.3035 0.0981 0.4717 0.78 0.3631 0.3888
Rate of return 16.1% 2.01% 6.34% 14.8% 9.19% 8.59%
EPS 2 0.2871 0.0808 0.6021 0.6877 0.3566 0.364
Distribution rate 106% 121% 78.3% 113% 102% 107%
Net sales 1 0.7882 0.3868 1.442 1.649 1.045 1.044
EBITDA - - - - - -
EBIT 1 0.5741 0.1616 1.204 1.375 0.7132 0.728
Net income 1 0.5741 0.1616 1.204 1.375 0.7132 0.728
Net Debt 1 -0.9337 -0.902 -1.154 -0.9782 -0.9652 -0.9215
Reference price 2 1.880 4.890 7.440 5.280 3.950 4.525
Nbr of stocks (in thousands) 2,000 2,000 2,000 2,000 2,000 2,000
Announcement Date 9/28/20 9/24/21 8/31/22 9/26/23 9/30/24 9/29/25
1USD in Million2USD
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 8.86M
12.64x2.42x5.51x2.53% 161B
12.5x3.32x6.35x3.57% 104B
8.64x2.63x4.61x2.85% 76.16B
7.69x2.54x4.01x1.7% 60.02B
9.99x1.44x4.74x1.94% 59.76B
12.01x3.62x5.13x2.19% 55.79B
9.47x2.57x4.99x2.31% 55.26B
12.25x3.4x5.11x5.74% 43.62B
5.49x1.62x3.87x4.92% 35.48B
Average 10.08x 2.62x 4.93x 3.08% 65.14B
Weighted average by Cap. 10.71x 2.65x 5.14x 2.9%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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