Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
BIP
Deeply undervalued
Brookfield Infrastructure Partners L.P.
Price$36.89
Model IV$75.82
P/IV0.48
Discount 51%
Return to IV: +105.5%
Market implies -2.0%/yr
vs model +9.9% · below model
BIPH
Deeply undervalued
Brookfield Infrastructure Partners L.P.
Price$15.27
Model IV$77.08
P/IV0.20
Discount 80%
Return to IV: +404.8%
Market implies -15.2%/yr
vs model +9.9% · below model
BIPI
Valuation N/A
Brookfield Infrastructure Partners L.P.
Price$16.02
Model IV—
P/IV—
Market implies -50.0%/yr
BIPJ
Deeply undervalued
Brookfield Infrastructure Partners L.P.
Price$23.10
Model IV$77.62
P/IV0.30
Discount 70%
Return to IV: +236.0%
Market implies -9.0%/yr
vs model +9.9% · below model
CCL
Overvalued
Carnival Corp Ltd.
Price$26.13
Model IV$22.04
P/IV1.01
Premium +19%
Return to IV: -15.7%
Market implies +10.0%/yr
vs model +9.0% · in line
CMDB
Deeply undervalued
Costamare Bulkers Holdings Ltd
Price$21.32
Model IV$65.48
P/IV0.35
Discount 67%
Return to IV: +207.1%
Market implies -12.4%/yr
vs model +6.0% · below model
DLNG
Deeply undervalued
Dynagas LNG Partners LP
Price$3.70
Model IV$25.02
P/IV0.14
Discount 85%
Return to IV: +576.1%
Market implies -33.4%/yr
vs model +5.1% · below model
EDRY
Overvalued
EuroDry Ltd.
Price$60.79
Model IV$48.18
P/IV1.12
Premium +26%
Return to IV: -20.7%
Market implies +6.8%/yr
vs model +6.9% · in line
EURK
Valuation N/A
Eureka Acquisition Corp
Price$11.50
Model IV—
P/IV—
Limited data — see page
EURKR
Valuation N/A
Eureka Acquisition Corp
Price$0.44
Model IV—
P/IV—
Limited data — see page
EURKU
Valuation N/A
Eureka Acquisition Corp
Price$11.94
Model IV—
P/IV—
Limited data — see page
FLNG
Deeply undervalued
Flex LNG Ltd.
Price$31.55
Model IV$49.25
P/IV0.60
Discount 36%
Return to IV: +56.1%
Market implies -3.9%/yr
vs model +3.0% · below model
GLNG
Valuation N/A
GOLAR LNG LTD
Price$48.42
Model IV—
P/IV—
Market implies +13.4%/yr
vs model +10.9% · in line
INSW
Deeply overvalued
International Seaways, Inc.
Price$121.82
Model IV$84.44
P/IV1.21
Premium +44%
Return to IV: -30.7%
Market implies +5.7%/yr
vs model +0.8% · above model
KEX
Fairly valued
KIRBY CORP
Price$138.11
Model IV$144.36
P/IV0.90
Discount 4%
Return to IV: +4.5%
Market implies +5.5%/yr
vs model +7.4% · in line
KNOP
Deeply undervalued
KNOT Offshore Partners LP
Price$10.38
Model IV$60.08
P/IV0.18
Discount 83%
Return to IV: +478.8%
Market implies -23.1%/yr
vs model +6.2% · below model
MATX
Deeply overvalued
Matson, Inc.
Price$227.79
Model IV$96.00
P/IV1.89
Premium +137%
Return to IV: -57.9%
Market implies +15.0%/yr
vs model +3.1% · above model
NAT
Deeply overvalued
NORDIC AMERICAN TANKERS Ltd
Price$8.58
Model IV$2.87
P/IV1.79
Premium +199%
Return to IV: -66.5%
Market implies +20.6%/yr
vs model +9.6% · above model
NCLH
Fairly valued
Norwegian Cruise Line Holdings Ltd.
Price$15.49
Model IV$16.63
P/IV0.85
Discount 7%
Return to IV: +7.4%
Market implies +5.1%/yr
vs model +7.5% · in line
OMEX
Valuation N/A
ODYSSEY MARINE EXPLORATION INC
Price$0.66
Model IV—
P/IV—
Market implies +61.1%/yr
RCL
Deeply overvalued
ROYAL CARIBBEAN CRUISES LTD
Price$281.41
Model IV$61.35
P/IV4.33
Premium +359%
Return to IV: -78.2%
Market implies +29.8%/yr
vs model +9.8% · above model
RUBI
Valuation N/A
Rubico Inc.
Price$0.59
Model IV—
P/IV—
Market implies +78.9%/yr
vs model +3.0% · above model
TDW
Deeply undervalued
TIDEWATER INC
Price$84.70
Model IV$406.01
P/IV0.18
Discount 79%
Return to IV: +379.4%
Market implies -1.7%/yr
vs model +25.0% · below model
TNK
Deeply undervalued
TEEKAY TANKERS LTD.
Price$106.62
Model IV$399.33
P/IV0.18
Discount 73%
Return to IV: +274.5%
Market implies -7.1%/yr
vs model +12.4% · below model
USEA
Valuation N/A
United Maritime Corp
Price$2.65
Model IV—
P/IV—
Market implies +9.1%/yr
vs model -10.0% · above model
VIK
Deeply overvalued
Viking Holdings Ltd
Price$81.64
Model IV$58.36
P/IV1.38
Premium +40%
Return to IV: -28.5%
Market implies +14.7%/yr
vs model +12.3% · in line
