Top Ships Inc. (TOPS)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 60 | 56 | 81 | 83 | 86 | 80 | 62 | - |
| Operating profit | $m | 26 | 20 | ||||||
| Net profit | $m | -23 | 9 | 19 | 6 | 5 | 3 | 2 | - |
| EPS reported | $ | 0.67 | -0.61 | ||||||
| Operating cashflow per share | $ | 5.71 | 5.71 | ||||||
| Capex per share | $ | 2.01 | 2.01 | ||||||
| FCF per share | $ | 3.70 | 3.70 | ||||||
| Free cash flow | $m | 17 | -50 | ||||||
| Net debt | $m | 184 | 250 | ||||||
| Book value equity | $m | 89 | 93 | ||||||
| Book value per share | $ | 19.28 | 8.66 | ||||||
| Number of shares | m | 4.63 | 10.71 | ||||||
| DPS (TTM paid) | $ | 0.00 | 0.05 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 6.73 | - | ||||||
| P/B LTM | x | 0.23 | 0.22 | ||||||
| P/S LTM | x | 0.26 | 0.34 | ||||||
| P/FCF LTM | x | 1.22 | -0.42 | ||||||
| EV/EBITDA LTM | x | 5.00 | 5.12 | ||||||
| EV/Sales LTM | x | 2.55 | 2.34 | ||||||
| Earnings Yield LTM | % | +14.86% | +85.54% | ||||||
| FCF Yield | % | +82.06% | -240.88% | ||||||
| Quality | |||||||||
| ROE | % | +3.46% | +2.85% | ||||||
| ROIC | % | +8.94% | +8.94% | ||||||
| Operating margin | % | +32.68% | +32.68% | ||||||
| Gross margin | % | +45.95% | +58.76% | ||||||
| FCF/Sales | % | +21.29% | +21.29% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -38.53% | - | ||||||
| Sales Growth YoY | % | -6.63% | -27.92% | ||||||
| Net Income Growth YoY | % | -38.70% | -60.13% | ||||||
| FCF Growth | % | -1.16% | - | ||||||
| Operating Profit Growth | % | -5.82% | -29.56% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.00% | 0.00% | ||||||
| Dividend Growth | % | - | - | ||||||
| Payout Ratio | % | 0.00% | 0.00% | ||||||
| FCF/Debt | x | 0.08 | -0.19 | ||||||
| Net Debt/EBITDA | x | 4.49 | 3.82 | ||||||
| EBIT/Net interest | x | 1.64 | 1.12 | ||||||
| Net debt/market cap | % | +9.82% | +56.77% | ||||||
| Net debt/Equity | x | 2.07 | 2.69 | ||||||
| Gross debt/equity | x | 2.30 | 2.81 | ||||||
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
Top Ships Inc., a maritime company established in 2000 and headquartered in Maroussi, Greece, specializes in the worldwide ownership and operation of tanker vessels. Its medium-range ships primarily facilitate the global transport of essential liquid commodities, including crude oil, various refined petroleum products, and bulk liquid chemicals. The organization underwent a name change in December 2007, transitioning from its former identity as Top Tankers Inc. By the close of business on December 31, 2020, Top Ships Inc. commanded a diverse fleet with an aggregated carrying capacity of 1,435,000 deadweight tonnes (dwt). This fleet comprised one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two sizable 300,000 dwt Very Large Crude Carriers (VLCCs), and two 50,000 dwt product tankers.
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.
Top Ships Inc., a maritime company established in 2000 and headquartered in Maroussi, Greece, specializes in the worldwide ownership and operation of tanker vessels. Its medium-range ships primarily facilitate the global transport of essential liquid commodities, including crude oil, various refined petroleum products, and bulk liquid chemicals. The organization underwent a name change in December 2007, transitioning from its former identity as Top Tankers Inc. By the close of business on December 31, 2020, Top Ships Inc. commanded a diverse fleet with an aggregated carrying capacity of 1,435,000 deadweight tonnes (dwt). This fleet comprised one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two sizable 300,000 dwt Very Large Crude Carriers (VLCCs), and two 50,000 dwt product tankers.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free