Concordia Maritime AB logo

CCOR B - Concordia Maritime AB Share Price

SEK8.86 -0.0  -0.5%

Last Trade - 5:00pm

Sector
Energy
Size
Micro Cap
Market Cap £36.7m
Enterprise Value £170.3m
Revenue £105.8m
Position in Universe 1082nd / 1785
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.50%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -44.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
531.2 1,087 1,038 827.5 1,053 1,140 1,362 1,252 +16.5%
+1,899 -60.0 -99.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Concordia Maritime AB revenues increased 15% to SEK649.3M. Net income totaled SEK57.3M vs. loss of SEK37.5M. Revenues reflect Spot charter income increase of 38% to SEK511.3M. Net Income reflects Interest and similar expense decrease of 11% to SEK56.1M (expense), Personnel costs, land-based decrease of 24% to SEK7.7M (expense), Personnel costs.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
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Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
CCOR B EPS Forecasts Unlock CCOR B Revenue
Profile Summary

Concordia Maritime AB is a Sweden-based company engaged in the tanker shipping industry. The Company specializes in the transportation of refined petroleum products, such as petrol, diesel and fuel, vegetable oils, light chemicals, as well as crude oil. It is responsible for the development, construction, manning and charter of tanker vessels within time and spot charters. Its fleet comprises four types of vessels: Suezmax, Panamax, Long Range One (LR1) and Medium Range (MR). It provides services primarily to oil and energy firms. Furthermore, the Company operates worldwide and is a parent of a number of entities, such as Concordia Maritime Chartering AB, Concordia Maritime (Bermuda) Ltd, Rederi AB Concordia, Concordia Maritime AG, CM P-MAX I Ltd, and CM P-MAX III Ltd, which are located in Sweden, Switzerland, Bermuda and Cyprus. It is a subsidiary of Stena Sessan Rederi AB.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated December 31, 1959
Public Since January 1, 1984
No. of Shareholders: 4,168
No. of Employees: 3
Sector Energy
Industry Oil & Gas Related Equipment and Services
Index
Exchange OMX Nordic Exchange Stockholm
Shares in Issue 47,729,798
Free Float (0.0%)
Eligible for
ISAs
SIPPs
CCOR B Share Price Performance
Share Price
Bid - Ask
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Day's Change
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Latest News for CCOR B
Upcoming Events for CCOR B
Frequently Asked Questions for Concordia Maritime AB
What is the Concordia Maritime AB share price?

As of 5:00pm, shares in Concordia Maritime AB are trading at SEK8.86, giving the company a market capitalisation of £36.7m. This share price information is delayed by 15 minutes.

How has the Concordia Maritime AB share price performed this year?

Shares in Concordia Maritime AB are currently trading at SEK8.86 and the price has moved by -16.43% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Concordia Maritime AB price has moved by -6.4% over the past year.

What are the analyst and broker recommendations for Concordia Maritime AB?

Of the analysts with advisory recommendations for Concordia Maritime AB, there are there are currently 0 "buy" , 2 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Concordia Maritime AB is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Concordia Maritime AB next release its financial results?

Concordia Maritime AB is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Concordia Maritime AB dividend yield?

Concordia Maritime AB does not currently pay a dividend.

Does Concordia Maritime AB pay a dividend?

Concordia Maritime AB does not currently pay a dividend.

When does Concordia Maritime AB next pay dividends?

Concordia Maritime AB does not currently pay a dividend.

How do I buy Concordia Maritime AB shares?

To buy shares in Concordia Maritime AB you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Concordia Maritime AB?

Shares in Concordia Maritime AB are currently trading at SEK8.86, giving the company a market capitalisation of £36.7m.

Where are Concordia Maritime AB shares listed? Where are Concordia Maritime AB shares listed?

Here are the trading details for Concordia Maritime AB:

Country of listing: Sweden
Exchange: STO
Ticker Symbol: CCOR B
What kind of share is Concordia Maritime AB?

Based on an overall assessment of its quality, value and momentum, Concordia Maritime AB is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Concordia Maritime AB share price forecast 2020?

Shares in Concordia Maritime AB are currently priced at SEK8.86. At that level they are trading at 40.45% discount to the analyst consensus target price of 0.00.

Analysts covering Concordia Maritime AB currently have a consensus Earnings Per Share (EPS) forecast of 2.475 for the next financial year.

How can I tell whether the Concordia Maritime AB share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Concordia Maritime AB. Over the past six months, the relative strength of its shares against the market has been -19.14%. At the current price of SEK8.86, shares in Concordia Maritime AB are trading at -16.98% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Concordia Maritime AB PE Ratio?

We were not able to find PE ratio data for Concordia Maritime AB.

Who are the key directors of Concordia Maritime AB?

Concordia Maritime AB's management team is headed by:

Mats Jansson - IND
Stefan Brocker - VCH
Barbara Oeuvray - CEX
N. Burgess - CEX
Carl-Johan Hagman - CHM
Michael G:son Low - IND
Joakim Ullman - CEO
Ola Helgesson - CFO
Daniel Holmgren - IND
Alessandro Chiesi - IND
Henrik Hallin - DRC
Who are the major shareholders of Concordia Maritime AB?

Here are the top five shareholders of Concordia Maritime AB based on the size of their shareholding:

Olsson (Sten A & Family) Individual Investor
Percentage owned: 52.2% (22.8m shares)
Stillström (Bengt) Individual Investor
Percentage owned: 4.2% (1.84m shares)
Avanza Bank Holding AB Corporation
Percentage owned: 3.1% (1.36m shares)
Fourton Hannibal Mutual Fund
Percentage owned: 2.71% (1.18m shares)
Andersson (Stig) Individual Investor
Percentage owned: 2.5% (1.09m shares)
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