Globus Maritime Ltd
Research Globus Maritime Ltd (GLBS) on Bullrun: valuation model: 27.2% overvalued, market cap USD 72.30M, P/E 10.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerGLBS
- ExchangeNASDAQ
- CountryGreece
- SectorIndustrials
- IndustryMarine Shipping
- CurrencyUSD
- Valuation signal27.2% overvalued
- Market capUSD 72.30M
- P/E10.7
- Financial periodQ2 2026
- RevenueUSD 14.61M
- Net incomeUSD 4.04M
- Gross margin41.7%
Valuation Snapshot
Bullrun's latest valuation model marks Globus Maritime Ltd as 27.2% overvalued; latest market cap is USD 72.30M; P/E is 10.7.
Peer valuation comparison
Latest P/E is 10.69x versus a Industrials sector median of 21.2x (49.6% below).
Latest P/E is 10.69x versus a Greece median of 11.08x (3.5% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 44.21M | -USD 1.75M | USD 3.52M | 14.8% | -0.08 | USD 26.25M | USD 109.25M | USD 175.99M |
| FY2024 | USD 34.87M | USD 431.00K | -USD 101.90M | 19.0% | 0.02 | USD 46.84M | USD 137.95M | USD 176.40M |
| FY2023 | USD 31.21M | USD 5.27M | -USD 23.73M | 1.0% | 0.26 | USD 74.20M | USD 52.45M | USD 175.97M |
| FY2022 | USD 61.76M | USD 24.28M | -USD 2.48M | 43.2% | 1.18 | USD 52.83M | USD 44.83M | USD 170.70M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 72.30M | 10.7 | n/a | n/a |
| 2025 | 2025-12-31 | USD 37.77M | n/a | n/a | n/a |
| 2024 | 2024-12-31 | USD 24.08M | 58.5 | n/a | n/a |
| 2023 | 2023-12-29 | USD 54.54M | 33.1 | n/a | n/a |
| 2022 | 2022-12-30 | USD 21.61M | 0.6 | n/a | n/a |
| 2021 | 2021-12-31 | USD 43.22M | 3.2 | n/a | n/a |
About Globus Maritime Ltd
Globus Maritime Limited operates as a dry bulk shipping company that provides marine transportation services internationally. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of September 14, 2026, the company operated ten dry bulk vessels with a total carrying capacity of 744,622 deadweight tonnage.
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Frequently asked questions
Is Globus Maritime Ltd overvalued or undervalued?
Bullrun's valuation model currently marks Globus Maritime Ltd as 27.2% overvalued.
What is Globus Maritime Ltd's market cap?
Globus Maritime Ltd's market capitalization is USD 72.30M.
What is Globus Maritime Ltd's P/E ratio?
Globus Maritime Ltd's price-to-earnings (P/E) ratio is 10.7.
What does Globus Maritime Ltd do?
Globus Maritime Limited operates as a dry bulk shipping company that provides marine transportation services internationally. It owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of September 14, 2026, the company operated ten dry bulk vessels with a total carrying capacity of 744,622 deadweight tonnage. It charters its vessels to operators, trading houses, shipping companies and producers, and government-owned entities. The company was incorporated in 2006 and is based in Athens, Greece.