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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.94M
10.97x2.11x5.1x3% 137B
10.99x3.07x5.7x4.15% 89.21B
7.83x2.67x4.5x2.98% 73.75B
7.52x2.52x4x1.88% 53.36B
12.49x3.5x5.06x2.28% 53.49B
8.62x1.3x4.49x2.24% 51.02B
9.79x2.42x4.61x2.73% 49.63B
11.03x3.11x4.58x6.97% 39.25B
5.97x1.57x3.66x5.29% 32.91B
Average 9.47x 2.48x 4.64x 3.5% 58.01B
Weighted average by Cap. 9.81x 2.49x 4.80x 3.31%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Marine Petroleum Trust