Globus Maritime Limited (GLBS) AI Stock Analysis

Globus Maritime Limited, headquartered in Athens, Greece, was established in 2006 and operates as an integrated provider of dry bulk shipping services globally. The company manages a fleet of dry bulk vessels transporting commodities including iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes. As of March 31, 2022, its fleet comprised nine vessels with a combined carrying capacity of 626,257 deadweight tonnage. Globus Maritime leases its vessels under chartering arrangements to clients such as operators, trading houses, shipping firms, producers, and government entities, and is affiliated with Firment Trading Limited.

Globus Maritime recorded a 5-year revenue compound annual growth rate of 30.3% from FY2020 to FY2025. Annual revenue peaked at $61.8M in FY2022 before dropping 49.5% to $31.2M in FY2023. Revenue subsequently recovered to $34.9M in FY2024 and $44.2M in FY2025. Net income stood at $24.3M in FY2022, $5.3M in FY2023, $431,000 in FY2024, and a loss of -$1.7M in FY2025. In the latest quarter ended June 30, 2026, quarterly revenue grew 53.2% year-over-year, while quarterly earnings declined 20.0%. Trailing twelve months revenue reached $52.9M with a profit margin of 12.7% and diluted EPS of $0.32.

As of June 30, 2026, Globus Maritime held $29.8M in cash and short-term investments against $106.3M in total debt, resulting in net debt of $76.6M. Total assets were $294.1M and shareholders' equity was $181.1M, representing a debt-to-equity ratio of 0.59 and a current ratio of 2.77. Operating cash flow was $5.6M in FY2025, while free cash flow stood at -$2.3M alongside capital expenditures of $7.8M. Over the past five years, the company's share count increased by 139.8%.

At a last close of $3.10, Globus Maritime has an enterprise value of $154.3M and trades at a trailing P/E of 9.7x and a forward P/E of 4.6x. These compare to a median trailing P/E of 24.8x and forward P/E of 17.2x for its US-listed Industrials peers. The stock trades at an EV-to-EBITDA of 5.6x versus the peer median of 13.9x, and a price-to-book of 0.4x. Over the past year, GLBS delivered a 142.2% return compared to 16.8% for the S&P 500 (SPY), while its 5-year return is -5.8% compared to 83.0% for the index.

One analyst covers Globus Maritime, issuing a Buy rating with a mean price target of $6.00, representing 93.5% upside above the last close of $3.10. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $61.5M and EPS of $0.55, reflecting 787.5% EPS growth. For the next fiscal year, projected revenue is $63.2M with an EPS of $0.17. The company beat EPS estimates in each of the last four quarters. The next earnings date is November 27, 2026.

This page is an AI-written research summary of Globus Maritime Limited (GLBS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: GLBS income statement, GLBS balance sheet, GLBS key metrics, GLBS analyst forecast, GLBS chart. See the GLBS stock overview for the latest quote and news.