Globus Maritime (NASDAQ:GLBS) versus Himalaya Shipping (NYSE:HSHP) Financial Contrast

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

Analyst Ratings

This is a summary of recent recommendations for Himalaya Shipping and Globus Maritime, as provided by MarketBeat.

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

Volatility and Risk

Himalaya Shipping has a beta of 2.32, meaning that its share price is 132% more volatile than the S&P 500. Comparatively, Globus Maritime has a beta of 0.23, meaning that its share price is 77% less volatile than the S&P 500.

Valuation and Earnings

This table compares Himalaya Shipping and Globus Maritime”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Himalaya Shipping	$123.58 million	1.94	$1.51 million	$0.48	12.55
Globus Maritime	$34.87 million	0.74	$5.27 million	$0.02	62.50

Globus Maritime has lower revenue, but higher earnings than Himalaya Shipping. Himalaya Shipping is trading at a lower price-to-earnings ratio than Globus Maritime, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

22.3% of Himalaya Shipping shares are owned by institutional investors. Comparatively, 31.6% of Globus Maritime shares are owned by institutional investors. 59.2% of Globus Maritime shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Himalaya Shipping	17.03%	13.36%	2.49%
Globus Maritime	8.44%	0.74%	0.53%

Summary

Himalaya Shipping beats Globus Maritime on 9 of the 12 factors compared between the two stocks.

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.

About Globus Maritime

Globus Maritime Limited, an integrated dry bulk shipping company, provides marine transportation services worldwide. 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 20, 2024, the company operated eight dry bulk vessels with a total carrying capacity of 571,313 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. Globus Maritime Limited is a subsidiary of Firment Trading Limited.