United Maritime Corporation (USEA) Financial Ratios
5 years of historical data (2020–2024) · Industrials · Marine Shipping
EV/EBITDA
↑
8.02
↑+57% vs avg
5yr avg: 5.13
30Y Low0.5·High7.7
P/FCF
6.69
↑+34% vs avg
5yr avg: 5.00
30Y Low5.0·High5.0
P/B Ratio
↓
0.33
-7% vs avg
5yr avg: 0.35
30Y Low0.3·High0.5
ROE
↓
-5.4%
↑-119% vs avg
5yr avg: 29.0%
30Y Low-5%·High105%
Debt/EBITDA
↑
7.03
↑+60% vs avg
5yr avg: 4.40
30Y Low1.0·High7.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
USEA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
United Maritime Corporation currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 6.7x P/FCF, 34% above the 5-year average of 5.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $20M | $15M | $21M | $32M | — | — |
| Enterprise Value | $111M | $106M | $103M | $20M | — | — |
| P/E Ratio → | -5.85 | — | 163.58 | 0.89 | — | — |
| P/S Ratio | 0.44 | 0.33 | 0.57 | 1.41 | — | — |
| P/B Ratio | 0.33 | 0.25 | 0.31 | 0.50 | — | — |
| P/FCF | 6.69 | 5.00 | — | — | — | — |
| P/OCF | 6.18 | 4.62 | — | 4.08 | — | — |
P/E links to full P/E history page with 30-year chart
USEA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
United Maritime Corporation's enterprise value stands at 8.0x EBITDA, 57% above its 5-year average of 5.1x. The Industrials sector median is 13.8x, placing the stock at a 42% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.34 | 2.85 | 0.88 | — | — |
| EV / EBITDA | 8.02 | 7.66 | 7.25 | 0.47 | — | — |
| EV / EBIT | 23.14 | 25.21 | — | 0.51 | — | — |
| EV / FCF | — | 35.28 | — | — | — | — |
USEA Profitability
Margins and return-on-capital ratios measuring operating efficiency
United Maritime Corporation earns an operating margin of 10.6%, above the Industrials sector average of 4.9%. Operating margins have compressed from 177.8% to 10.6% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -5.4% indicates the company is currently destroying shareholder equity. ROIC of 2.4% represents below-average returns on invested capital versus a sector median of 6.3%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | 52.6% | 52.6% | 9.0% | 45.9% | 52.3% | 22.8% |
| Operating Margin | 10.6% | 10.6% | 19.6% | 177.8% | 39.4% | 7.3% |
| Net Profit Margin | -7.4% | -7.4% | 0.6% | 164.5% | 29.3% | 26.5% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | -5.4% | -5.4% | 0.3% | 104.7% | 30.2% | 14.9% |
| ROA | -2.0% | -2.0% | 0.1% | 53.9% | 15.9% | 7.8% |
| ROIC | 2.4% | 2.4% | 5.3% | 94.8% | 17.7% | — |
| ROCE | 3.7% | 3.7% | 6.4% | 72.5% | 24.2% | 2.4% |
USEA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
United Maritime Corporation carries a Debt/EBITDA ratio of 7.0x, which is highly leveraged (122% above the sector average of 3.2x). Net debt stands at $91M ($98M total debt minus $6M cash). Interest coverage of just 0.6x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 1.63 | 1.63 | 1.46 | 0.66 | 0.76 | 0.83 |
| Debt / EBITDA | 7.03 | 7.03 | 6.77 | 1.00 | 1.47 | 5.74 |
| Net Debt / Equity | — | 1.52 | 1.25 | -0.19 | 0.66 | 0.78 |
| Net Debt / EBITDA | 6.57 | 6.57 | 5.79 | -0.29 | 1.26 | 5.36 |
| Debt / FCF | — | 30.29 | — | — | 1.28 | — |
| Interest Coverage | 0.57 | 0.57 | 0.99 | 16.52 | 3.92 | 0.42 |
USEA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.73x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 2.37x to 0.73x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.73 | 0.73 | 0.36 | 2.37 | 0.48 | 0.44 |
| Quick Ratio | 0.71 | 0.71 | 0.35 | 2.37 | 0.43 | 0.39 |
| Cash Ratio | 0.19 | 0.19 | 0.26 | 2.17 | 0.37 | 0.35 |
| Asset Turnover | — | 0.26 | 0.21 | 0.18 | 0.55 | 0.30 |
| Inventory Turnover | 33.10 | 33.10 | 49.41 | 115.21 | 35.48 | 58.79 |
| Days Sales Outstanding | — | 11.54 | 3.99 | 12.48 | 3.45 | — |
USEA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
United Maritime Corporation returns 15.6% to shareholders annually — split between a 13.3% dividend yield and 2.3% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | 13.3% | 17.5% | 45.4% | 0.8% | — | — |
| Payout Ratio | — | — | 4237.1% | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 0.6% | 111.8% | — | — |
| FCF Yield | 15.0% | 20.0% | — | — | — | — |
| Buyback Yield | 2.3% | 3.1% | 3.3% | 18.7% | — | — |
| Total Shareholder Yield | 15.6% | 20.6% | 48.6% | 19.4% | — | — |
| Shares Outstanding | — | $9M | $8M | $7M | $12M | $12M |
Peer Comparison
Compare USEA 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 |
|---|---|---|---|---|---|---|---|---|---|
 USEAYou | $20M | -5.8 | 8.0 | 6.7 | 52.6% | 10.6% | -5.4% | 2.4% | 7.0 |
 SBLK | $3B | 36.7 | 11.9 | 14.7 | 22.5% | 13.5% | 3.4% | 3.2% | 3.5 |
 NMM | $2B | 6.0 | 4.9 | — | 66.1% | 33.6% | 12.5% | 8.3% | 2.1 |
 SB | $730M | 8.4 | 7.0 | — | 45.6% | 36.4% | 12.0% | 6.6% | 3.2 |
 SHIP | $342M | 16.0 | 7.4 | 20.1 | 39.6% | 26.0% | 7.7% | 6.1% | 3.8 |
 GNK | $1B | -252.1 | 14.3 | — | 13.4% | 2.7% | -0.5% | 0.7% | 2.3 |
 CTRM | $78M | 2.3 | 5.9 | — | 29.7% | 2.3% | 2.6% | 0.2% | 6.4 |
 TOPS | $10M | 2.0 | 5.0 | 0.6 | 43.7% | 32.4% | 3.1% | 5.3% | 4.9 |
 GLBS | $45M | -26.0 | 7.6 | — | 20.9% | 5.4% | -1.0% | 0.7% | 6.5 |
 PSHG | $71M | 1.7 | 0.9 | 5.7 | 57.3% | 47.8% | 17.2% | 13.3% | 0.8 |
 DSX | $337M | 45.7 | 8.2 | 5.7 | 57.8% | 25.8% | 2.6% | 4.3% | 6.1 |
| Industrials Median | — | 25.5 | 13.8 | 20.7 | 32.9% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonUSEA — Frequently Asked Questions
Quick answers to the most common questions about buying USEA stock.
What is United Maritime Corporation's P/E ratio?
United Maritime Corporation's current P/E ratio is -5.8x. The historical average is 82.2x.
What is United Maritime Corporation's EV/EBITDA?
United Maritime Corporation's current EV/EBITDA is 8.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.1x.
What is United Maritime Corporation's ROE?
United Maritime Corporation's return on equity (ROE) is -5.4%. The historical average is 29.0%.
Is USEA stock overvalued?
Based on historical data, United Maritime Corporation is trading at a P/E of -5.8x. Compare with industry peers and growth rates for a complete picture.
What is United Maritime Corporation's dividend yield?
United Maritime Corporation's current dividend yield is 13.31%.
What are United Maritime Corporation's profit margins?
United Maritime Corporation has 52.6% gross margin and 10.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does United Maritime Corporation have?
United Maritime Corporation's Debt/EBITDA ratio is 7.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.