Volare Shipping Ltd VLCC

Morningstar Rating
NOK 158.50 +9.50 (6.38%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VLCC is trading at a LOCK|?#<sb premium.
Price
NOK 158.50
Fair Value
LOCK|x.?qH?Tr
Uncertainty
LOCK|K^ dh#W>
1-Star Price
LOCK|%.xSr@h
5-Star Price
LOCK|.T<!MRs
Economic Moat
LOCK|K>&
Capital Allocation
—

Trading Information

Previous Close Price
NOK 149.00
Day Range
NOK 149.02–162.00
52-Week Range
NOK 146.40–171.00
Bid/Ask
NOK 149.00 / NOK 162.00
Shares Outstanding
70.62M
Market Cap
$11.19B
Volume/Avg
170,591 / 358,165

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
—
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Volare Shipping Ltd is an international shipping company. It owns a modern, high-specification fleet of Very Large Crude Carriers (VLCCs) under Trafigura's commercial management. The group currently operates six VLCCs and has eight newbuild vessels on order.
Sector
Industrials
Industry
Marine Shipping
Stock Style Box
—
Total Number of Employees
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Valuation

Metric
VLCC
Price/Earnings (Normalized)
—
Price/Book Value
—
Price/Sales
—
Price/Cash Flow
—
Price/Earnings
No chart available

Financial Strength

Metric
VLCC
Quick Ratio
0.59
Current Ratio
1.68
Interest Coverage
—
Quick Ratio
VLCC

Profitability

Metric
VLCC
Return on Assets (Normalized)
—
Return on Equity (Normalized)
—
Return on Invested Capital (Normalized)
—
Return on Assets
No chart available

Marine Shipping Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Paragon Shipping Inc
PRGNF
—LOCK|!RS—
A P Moller Maersk AS Class B
AMKBF
—LOCK|!@$51B
A P Moller Maersk AS Class A
AMKAF
—LOCK|%&#$51B
A P Moller Maersk AS ADR
AMKBY
—LOCK|z%%$51B
COSCO SHIPPING Holdings Co Ltd ADR
CICOY
—LOCK|?Lb$37B
COSCO SHIPPING Holdings Co Ltd Class H
CICOF
—LOCK|Skk$37B
International Container Terminal Services Inc
ICTEF
—LOCK|#f$27B
International Container Terminal Services Inc ADR
ICTEY
—LOCK|#$%$27B
Hapag-Lloyd AG ADR
HPGLY
—LOCK|xN&$27B
Hapag-Lloyd AG
HLAGF
—LOCK|P<%$27B

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