Globus Maritime Limited (GLBS) Financial Ratios
18 years of historical data (2008–2025) · Industrials · Marine Shipping
EV/EBITDA
↑
8.39
↑+120% vs avg
5yr avg: 3.82
30Y Low0.4·High40.2
P/FCF
N/A
—
5yr avg: N/A
30Y Low0.8·High81.1
P/B Ratio
↓
0.32
↑+63% vs avg
5yr avg: 0.20
30Y Low0.0·High5.5
ROE
↓
-1.0%
↑-115% vs avg
5yr avg: 6.7%
30Y Low-143%·High35%
Debt/EBITDA
↑
6.46
↑+40% vs avg
5yr avg: 4.61
30Y Low1.3·High24.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GLBS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Globus Maritime Limited currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $59M | $36M | $24M | $55M | $22M | $31M | $5M | $4M | $9M | $30M | $11M |
| Enterprise Value | $142M | $119M | $115M | $33M | $14M | $18M | $24M | $40M | $46M | $68M | $76M |
| P/E Ratio → | -32.54 | — | 55.98 | 10.19 | 0.89 | 2.08 | — | — | — | — | — |
| P/S Ratio | 1.34 | 0.82 | 0.69 | 1.75 | 0.35 | 0.72 | 0.47 | 0.26 | 0.53 | 2.05 | 1.18 |
| P/B Ratio | 0.32 | 0.21 | 0.14 | 0.31 | 0.13 | 0.21 | 0.13 | 0.42 | 0.22 | 0.67 | 0.51 |
| P/FCF | — | — | — | — | — | — | — | 28.22 | 2.47 | 81.13 | — |
| P/OCF | 10.63 | 6.48 | 2.13 | — | 0.80 | 1.50 | — | 19.35 | 2.39 | 46.93 | — |
P/E links to full P/E history page with 30-year chart
GLBS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Globus Maritime Limited's enterprise value stands at 8.4x EBITDA, 120% above its 5-year average of 3.8x. The Industrials sector median is 13.9x, placing the stock at a 40% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.69 | 3.30 | 1.05 | 0.22 | 0.42 | 2.00 | 2.57 | 2.65 | 4.74 | 8.43 |
| EV / EBITDA | 8.39 | 7.02 | 8.77 | 2.16 | 0.40 | 0.74 | — | 19.51 | 10.66 | 40.21 | — |
| EV / EBIT | 59.20 | 49.53 | 17.57 | 3.43 | 0.51 | 1.00 | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | 275.19 | 12.36 | 187.38 | — |
GLBS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Globus Maritime Limited earns an operating margin of 5.4%, roughly in line with the Industrials sector average. Operating margins have compressed from 20.1% to 5.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -1.0% indicates the company is currently destroying shareholder equity. ROIC of 0.7% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.9% | 20.9% | 19.0% | 7.3% | 45.5% | 50.2% | -26.0% | -11.4% | 2.7% | -16.1% | -77.2% |
| Operating Margin | 5.4% | 5.4% | 9.7% | 20.1% | 38.3% | 41.4% | -97.2% | -27.9% | -8.3% | -27.8% | -80.2% |
| Net Profit Margin | -4.0% | -4.0% | 1.2% | 16.9% | 39.3% | 34.5% | -147.8% | -232.7% | -20.6% | -44.9% | -108.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1.0% | -1.0% | 0.2% | 3.0% | 15.3% | 15.9% | -66.9% | -142.8% | -8.4% | -20.0% | -38.3% |
| ROA | -0.6% | -0.6% | 0.2% | 2.3% | 11.8% | 11.0% | -24.5% | -51.1% | -4.0% | -7.0% | -9.4% |
| ROIC | 0.7% | 0.7% | 1.2% | 3.0% | 12.0% | 13.9% | -16.1% | -5.3% | -1.4% | -3.6% | -5.6% |
| ROCE | 0.9% | 0.9% | 1.3% | 2.9% | 12.4% | 14.5% | -19.0% | -9.7% | -3.3% | -7.5% | -13.4% |
GLBS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Globus Maritime Limited carries a Debt/EBITDA ratio of 6.5x, which is highly leveraged (100% above the sector average of 3.2x). Net debt stands at $83M ($109M total debt minus $27M cash). Interest coverage of just 0.3x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.62 | 0.62 | 0.78 | 0.30 | 0.26 | 0.22 | 0.88 | 3.89 | 0.90 | 0.94 | 3.16 |
| Debt / EBITDA | 6.46 | 6.46 | 10.50 | 3.45 | 1.32 | 1.32 | — | 18.66 | 8.54 | 24.42 | — |
| Net Debt / Equity | — | 0.47 | 0.52 | -0.12 | -0.05 | -0.09 | 0.43 | 3.65 | 0.90 | 0.88 | 3.15 |
| Net Debt / EBITDA | 4.88 | 4.88 | 6.93 | -1.43 | -0.24 | -0.52 | — | 17.51 | 8.53 | 22.80 | — |
| Debt / FCF | — | — | — | — | — | — | — | 246.97 | 9.89 | 106.25 | — |
| Interest Coverage | 0.30 | 0.30 | 1.07 | 2.23 | 11.25 | 5.58 | -3.18 | -6.87 | — | -1.92 | -2.72 |
GLBS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Globus Maritime Limited's current ratio of 2.74x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 8.35x to 2.74x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.74 | 2.74 | 1.53 | 8.35 | 3.69 | 4.12 | 1.71 | 0.63 | 0.06 | 0.09 | 0.07 |
| Quick Ratio | 2.54 | 2.54 | 1.50 | 8.21 | 3.51 | 4.05 | 1.61 | 0.45 | 0.05 | 0.08 | 0.05 |
| Cash Ratio | 2.36 | 2.36 | 1.35 | 7.81 | 3.13 | 3.73 | 1.46 | 0.27 | 0.00 | 0.06 | 0.01 |
| Asset Turnover | — | 0.15 | 0.11 | 0.13 | 0.27 | 0.23 | 0.14 | 0.28 | 0.20 | 0.16 | 0.10 |
| Inventory Turnover | 15.78 | 15.78 | 23.05 | 23.04 | 11.11 | 25.35 | 11.86 | 11.27 | 25.97 | 25.33 | 30.97 |
| Days Sales Outstanding | — | 5.40 | 11.66 | 13.46 | 0.64 | 8.44 | 4.75 | 5.61 | 12.14 | 4.48 | 9.84 |
GLBS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Globus Maritime Limited does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | 0.1% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 1.8% | 9.8% | 112.4% | 48.1% | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | 3.5% | 40.5% | 1.2% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| Shares Outstanding | — | $21M | $21M | $21M | $21M | $15M | $959157 | $41622 | $31972 | $25749 | $2603 |
Peer Comparison
Compare GLBS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GLBSYou | $59M | -32.5 | 8.4 | — | 20.9% | 5.4% | -1.0% | 0.7% | 6.5 |
 SBLK | $3B | 35.4 | 11.4 | 14.0 | 22.5% | 13.5% | 3.4% | 3.2% | 3.5 |
 NMM | $2B | 7.3 | 5.4 | — | 64.5% | 29.1% | 8.9% | 6.1% | 3.2 |
 SB | $682M | 22.3 | 8.3 | 11.3 | 35.9% | 25.1% | 4.6% | 4.1% | 4.2 |
 SHIP | $309M | 14.5 | 6.9 | 18.1 | 39.6% | 26.0% | 7.7% | 6.1% | 3.8 |
 DSX | $259M | 19.1 | 9.5 | 5.9 | 56.6% | 19.8% | 3.5% | 3.1% | 7.8 |
 CMRE | $2B | 5.3 | 4.7 | 3.9 | 57.3% | 51.7% | 15.4% | 9.3% | 2.5 |
 GSL | $1B | 3.3 | 3.3 | 3.8 | 53.6% | 50.7% | 25.5% | 14.0% | 1.3 |
 ESEA | $484M | 3.5 | 3.3 | 7.6 | 63.5% | 57.0% | 33.1% | 19.5% | 1.4 |
 TOPS | $4M | 0.8 | 4.9 | 0.2 | 43.7% | 32.4% | 3.1% | 5.3% | 4.9 |
 EDRY | $65M | -14.9 | 12.5 | 12.0 | 12.3% | -2.2% | -4.1% | -0.5% | 8.9 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 18 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
GLBS — Frequently Asked Questions
Quick answers to the most common questions about buying GLBS stock.
What is Globus Maritime Limited's P/E ratio?
Globus Maritime Limited's current P/E ratio is -32.5x. The historical average is 12.9x.
What is Globus Maritime Limited's EV/EBITDA?
Globus Maritime Limited's current EV/EBITDA is 8.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.4x.
What is Globus Maritime Limited's ROE?
Globus Maritime Limited's return on equity (ROE) is -1.0%. The historical average is -19.1%.
Is GLBS stock overvalued?
Based on historical data, Globus Maritime Limited is trading at a P/E of -32.5x. Compare with industry peers and growth rates for a complete picture.
What are Globus Maritime Limited's profit margins?
Globus Maritime Limited has 20.9% gross margin and 5.4% operating margin.
How much debt does Globus Maritime Limited have?
Globus Maritime Limited's Debt/EBITDA ratio is 6.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.