Safe Bulkers, Inc. (SB)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 198 | 329 | 350 | 284 | 308 | 276 | 307 | 314 |
| Operating profit | $m | 69 | 106 | ||||||
| Net profit | $m | -13 | 174 | 173 | 77 | 97 | 39 | 87 | 103 |
| EPS reported | $ | 0.30 | 0.78 | ||||||
| Operating cashflow per share | $ | 0.99 | 1.29 | ||||||
| Capex per share | $ | 0.41 | 0.42 | ||||||
| FCF per share | $ | 0.59 | 0.87 | ||||||
| Free cash flow | $m | 60 | 89 | ||||||
| Net debt | $m | 387 | 377 | ||||||
| Book value equity | $m | 831 | 870 | ||||||
| Book value per share | $ | 8.06 | 8.55 | ||||||
| Number of shares | m | 103.04 | 101.83 | ||||||
| DPS (TTM paid) | $ | 0.20 | 0.24 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 16.07 | 10.49 | ||||||
| P/B LTM | x | 0.60 | 0.57 | ||||||
| P/S LTM | x | 1.80 | 1.62 | ||||||
| P/FCF LTM | x | 8.24 | 5.61 | ||||||
| EV/EBITDA LTM | x | 6.68 | 5.27 | ||||||
| EV/Sales LTM | x | 3.20 | 3.79 | ||||||
| Earnings Yield LTM | % | +6.22% | +9.53% | ||||||
| FCF Yield | % | +12.14% | +17.82% | ||||||
| Quality | |||||||||
| ROE | % | +4.64% | +10.32% | ||||||
| ROIC | % | +5.03% | +7.64% | ||||||
| Operating margin | % | +25.10% | +34.53% | ||||||
| Gross margin | % | +35.93% | +44.24% | ||||||
| FCF/Sales | % | +21.87% | +28.78% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -63.86% | -6.02% | ||||||
| Sales Growth YoY | % | -10.37% | -0.04% | ||||||
| Net Income Growth YoY | % | -60.40% | -10.67% | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | -38.14% | -5.08% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +5.76% | +3.03% | ||||||
| Dividend Growth | % | 0.00% | +17.50% | ||||||
| Payout Ratio | % | +92.55% | 0.00% | ||||||
| FCF/Debt | x | 0.11 | 0.17 | ||||||
| Net Debt/EBITDA | x | 2.93 | 2.25 | ||||||
| EBIT/Net interest | x | 2.05 | 3.43 | ||||||
| Net debt/market cap | % | +1.09% | +64.81% | ||||||
| Net debt/Equity | x | 0.47 | 0.43 | ||||||
| Gross debt/equity | x | 0.65 | 0.59 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.
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