Castor Maritime Inc. (CTRM)

Deep Sea Foreign Transportation of Freight

Latest Price

$1.95

TTM P/E

1.73

Normalized P/E

1.73

Div Yield

Book Value

P/B Ratio

Valuation metrics

EPS: $0.36

Book value / share: $54.38

Formula: √(22.5 × EPS × BVPS)

Graham Number

$20.99

+976% upside

Norm. op. income: $21M (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$27.90

+1331% upside

Base FCF: $22M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$16.33

+738% upside

EPS: $0.36

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$5.40

+177% upside