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Best Marine Shipping stocks by quality

Of the 60 stocks listed here, only one reaches the maximum quality score. The median valuation of the group comes out at 7.7 times its free cash flow. Among those with the maximum score, the cheapest is PT Jasa Armada Indonesia Tbk (IPCM.JK), at 4.8 times its free cash flow.

The Marine Shipping stocks with the highest scores from our fundamental analysis, ranked from best to worst quality, with their valuation (P/FCF). Click a stock for its full analysis.

#StockQuality scoreP/FCF
1PT Jasa Armada Indonesia Tbk (IPCM.JK)10/104.8x
2Dong Nai Port Joint Stock Company (PDN.VN)9/1015.2x
3Namyong Terminal Public Company Limited (NYT.BK)9/105.1x
4Euroseas Ltd (ESEA)9/104.8x
5Sincere Navigation Corporation (2605.TW)9/108.6x
6Sustained Infrastructure Holding Company (2190.SR)9/1013.9x
7PT Rig Tenders Indonesia Tbk (RIGS.JK)8/104.3x
8Technical Olympic S.A. (OLYMP.AT)8/106.9x
9Thessaloniki Port Authority Societe Anonyme (OLTH.AT)8/1016.1x
10Kirby Corp (KEX)8/1014.5x
11StealthGas Inc (GASS)8/104.9x
12Ernst Russ AG (ERAG.DE)8/106.9x
13Costamare Inc (CMRE)8/103.5x
14PT Berlian Laju Tanker Tbk (BLTA.JK)8/102.6x
15PT Pelayaran Nasional Bina Buana Raya Tbk (BBRM.JK)8/1017.7x
16Liaoning Port Co., Ltd. (601880.SS)8/107.5x
17Zhang Jia Gang Freetrade Science&Technology Group Co.,Ltd. (600794.SS)8/105.0x
18COSCO SHIPPING Specialized Carriers Co.,Ltd. (600428.SS)8/105.9x
19PT Wintermar Offshore Marine Tbk (WINS.JK)7/10n.d.
20Wallenius Wilhelmsen ASA (WAWI.OL)7/1038.8x
21Vietnam Container Shipping Joint Stock Corporation (VSC.VN)7/10n.d.
22Seamec Limited (SEAMECLTD.NS)7/10n.d.
23Singapore Shipping Corporation Limited (S19.SI)7/104.4x
24PT Nusantara Pelabuhan Handal Tbk (PORT.JK)7/108.5x
25PT Mitra Investindo Tbk (MITI.JK)7/1027.7x
26Himalaya Shipping Ltd (HSHP)7/1090.7x
27Heidmar Maritime Holdings Corp (HMR)7/106.9x
28Hafnia Limited (HAFNI.OL)7/1089.2x
29Ege Gübre Sanayii A.S. (EGGUB.IS)7/1027.5x
30PT Batulicin Nusantara Maritim Tbk (BESS.JK)7/1024.1x
31Ama Marine Public Company Limited (AMA.BK)7/103.2x
32PT Ancara Logistics Indonesia Tbk (ALII.JK)7/1069.9x
33Chien Shing Harbour Service Company Limited (8367.TW)7/10n.d.
34Bohai Ferry Group Co., Ltd. (603167.SS)7/107.9x
35HNA Technology Co.,Ltd. (600751.SS)7/10n.d.
36The National Shipping Company of Saudi Arabia (4030.SR)7/10n.d.
37Liaoning Port Co., Ltd. (2880.HK)7/102.7x
38Taiwan Navigation Co., Ltd. (2617.TW)7/107.7x
39Evergreen Marine Corporation (Taiwan) Ltd. (2603.TW)7/106.4x
40China Infrastructure & Logistics Group Ltd. (1719.HK)7/107.8x
41SITC International Holdings Company Limited (1308.HK)7/1013.0x
42Sejin Heavy Industries Co., Ltd. (075580.KS)7/1012.3x
43China Merchants Port Holdings Company Limited (0144.HK)7/107.9x
44Hainan Strait Shipping Co.,Ltd. (002320.SZ)7/1013.3x
45V.L. Enterprise Public Company Limited (VL.BK)6/106.8x
46Vietnam Petroleum Transport Joint Stock Company (VIP.VN)6/105.2x
47Trabzon Liman Isletmeciligi Anonim Sirketi (TLMAN.IS)6/1040.2x
48Shreeji Shipping Global Limited (SHREEJISPG.NS)6/10n.d.
49Samudera Shipping Line Ltd (S56.SI)6/105.3x
50Pacific Radiance Ltd. (RXS.SI)6/10n.d.
51PetroVietnam Transportation Corporation (PVT.VN)6/10n.d.
52Hutchison Port Holdings Trust (P7VU.SI)6/103.0x
53Hutchison Port Holdings Trust (NS8U.SI)6/103.0x
54Intercont (Cayman) Ltd (NCT)6/10n.d.
55Knowledge Marine & Engineering Works Limited (KMEW.NS)6/10n.d.
56JSW Infrastructure Limited (JSWINFRA.NS)6/10n.d.
57Höegh Autoliners ASA (HAUTO.OL)6/1098.3x
58PT Habco Trans Maritima Tbk (HATM.JK)6/10n.d.
59Global Ship Lease Inc (GSL)6/105.6x
60GSD Holding A.S. (GSDHO.IS)6/1013.4x

Our quality score judges how solid a business is across 10 objective financial criteria (profitability, free cash flow growth, share buybacks, debt, return on capital). The P/FCF (price to free cash flow) shows whether the stock is cheap or expensive. Full method: our methodology.

To place these multiples against sector averages, the reference public sector data is Aswath Damodaran's (NYU Stern).

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