Castor Maritime (NASDAQ:CTRM) and Himalaya Shipping (NYSE:HSHP) Critical Analysis

Castor Maritime (NASDAQ:CTRM) and Himalaya Shipping (NYSE:HSHP) are both small-cap transportation companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, dividends, institutional ownership, profitability and valuation.

Earnings and Valuation

This table compares Castor Maritime and Himalaya Shipping”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Castor Maritime	$76.44 million	0.45	$38.64 million	$3.35	1.07
Himalaya Shipping	$112.30 million	2.03	$1.51 million	N/A	N/A

Castor Maritime has higher earnings, but lower revenue than Himalaya Shipping.

Profitability

This table compares Castor Maritime and Himalaya Shipping’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Castor Maritime	95.54%	13.09%	10.70%
Himalaya Shipping	21.93%	15.72%	3.14%

Volatility & Risk

Castor Maritime has a beta of 0.86, indicating that its share price is 14% less volatile than the S&P 500. Comparatively, Himalaya Shipping has a beta of 2.63, indicating that its share price is 163% more volatile than the S&P 500.

Institutional and Insider Ownership

1.1% of Castor Maritime shares are owned by institutional investors. Comparatively, 22.3% of Himalaya Shipping shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Castor Maritime and Himalaya Shipping, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Castor Maritime	0	0	0	0	0.00
Himalaya Shipping	1	0	0	0	1.00

Summary

Himalaya Shipping beats Castor Maritime on 6 of the 9 factors compared between the two stocks.

About Castor Maritime

Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels. Castor Maritime Inc. was incorporated in 2017 and is based in Limassol, Cyprus.

About Himalaya Shipping

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.