AP Moller Maersk (AMKBY)
OTHER OTC:AMKBY
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AP Moller - Maersk
(OTC:AMKBY)
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Rating:65Neutral
Price Target:
$14.00
â–²(44.78% Upside)
Action:ReiteratedDate:03/03/26
The score is driven mainly by pressured financial performance in a shipping downcycle (margin and cash-flow deterioration), partially offset by a solid balance sheet. Technicals are supportive with clear uptrend and positive momentum, while valuation is helped by a high dividend yield and moderate P/E. The latest earnings call adds caution due to 2026 guidance uncertainty and potential loss-making outcomes.
Positive Factors
Balance-sheet resilience
Maersk’s materially stronger balance sheet—equity far exceeds debt and leverage improved versus 2020—gives durable financial optionality. That capacity supports multiyear capex plans, dividend and buyback flexibility, and the ability to absorb cyclical shipping shocks without forcing distress sales or deep refinancing.
Negative Factors
Margin compression
Margins have normalized sharply from peak-cycle levels, reflecting structural pressure on freight rates and higher unit cost exposure. Persistently lower gross and net margins reduce internal earnings reinvestment capacity and long-term ROE, making growth investments and returns more dependent on cyclical recovery.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet resilience
Maersk’s materially stronger balance sheet—equity far exceeds debt and leverage improved versus 2020—gives durable financial optionality. That capacity supports multiyear capex plans, dividend and buyback flexibility, and the ability to absorb cyclical shipping shocks without forcing distress sales or deep refinancing.
Read all positive factors
AP Moller - Maersk (AMKBY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$36.15B
Dividend Yield9.71%
Average Volume (3M)131.38K
Price to Earnings (P/E)―
Beta (1Y)1.11
Revenue Growth4.98%
EPS Growth37.22%
CountryUS
Employees100,000
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,214,478,000
10 Day Avg. Volume162,829
30 Day Avg. Volume131,382
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)0.63
Price to Sales (P/S)0.65
P/FCF Ratio7.02
Enterprise Value/Market Cap1.32
Enterprise Value/Revenue0.88
Enterprise Value/Gross Profit0.88
Enterprise Value/Ebitda4.83
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.04
Revenue Forecast (FY)$50.63B
AP Moller - Maersk Business Overview & Revenue Model
Company Description
A.P. Møller - Mærsk A/S operates as an integrated transport and logistics company worldwide. The company's Ocean segment engages in container shipping activities, including demurrage and detention, terminal handling, documentation and container se...
How the Company Makes Money
AP Moller - Maersk generates revenue primarily through its container shipping operations, which include freight transportation and associated services. The company charges shipping fees based on container volume, distance traveled, and service lev...
AP Moller - Maersk Earnings Call Summary
Earnings Call Date:Feb 05, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Neutral
The call balanced strong operational and financial achievements (notably Gemini-related cost benefits, record Terminals performance, solid full‑year EBITDA/EBIT, healthy cash position and continued shareholder returns) against clear and material near‑term headwinds centered on a sharp decline in ocean freight rates, an expected cyclical downturn in Ocean profitability, impairments and guidance that allows for negative EBIT and free cash flow outcomes in 2026. Management emphasized cost discipline, simplification and optionality, but the outlook remains uncertain due to industry overcapacity and Red Sea reopening scenarios.Positive Updates
Strong Full-Year Profitability
Full-year 2025 group results: EBITDA $9.5 billion and EBIT $3.5 billion, placing results toward the upper end of prior guidance; full-year EBITDA margin 17.7% and EBIT margin 6.5%.
Negative Updates
Significant Freight Rate Decline in Ocean
Average freight rates decreased 23% YoY and ~8% sequentially (Q4), driving a major negative headwind (~$2.1B impact year‑on‑year) to Ocean EBITDA and profitability.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Full-Year Profitability
Full-year 2025 group results: EBITDA $9.5 billion and EBIT $3.5 billion, placing results toward the upper end of prior guidance; full-year EBITDA margin 17.7% and EBIT margin 6.5%.
Read all positive updates
Company Guidance
Maersk’s 2026 guidance assumes global container volumes up 2–4% (Maersk growing in line with the market) and targets underlying EBITDA of $4.7–7.0bn, underlying EBIT of –$1.5bn to +$1.0bn, and free cash flow ≥ –$3.0bn; CapEx is guided at $10–11bn for 2026–27 combined (with ~ $700m lower depreciation in 2026 from extending vessel useful life), Gemini is now targeted to deliver $820m–$1.1bn of annual benefits (Q4 generated >$300m), and capital returns include a proposed 2025 dividend of DKK 480/share (40% payout, ≈ $1.1bn) plus a new ~$1bn share buyback (total cash return for 2026 ≈ $2.1bn); the range reflects industry overcapacity (roughly 4–8% of excess capacity) and different Red Sea reopening scenarios.AP Moller - Maersk Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
72
Positive
Cash Flow
55
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 53.99B | 55.48B | 51.06B | 81.53B | 61.79B |
| Gross Profit | 3.81B | 6.92B | 3.87B | 31.32B | 19.81B |
| EBITDA | 11.18B | 13.39B | 11.37B | 36.96B | 24.48B |
| Net Income | 2.73B | 6.11B | 3.82B | 29.20B | 17.94B |
Balance Sheet | |||||
| Total Assets | 88.35B | 87.70B | 82.58B | 93.68B | 72.27B |
| Cash, Cash Equivalents and Short-Term Investments | 10.32B | 24.04B | 6.70B | 11.00B | 11.84B |
| Total Debt | 18.92B | 16.48B | 14.81B | 15.64B | 15.34B |
| Total Liabilities | 31.66B | 29.75B | 27.49B | 28.65B | 26.68B |
| Stockholders Equity | 55.58B | 56.92B | 54.03B | 63.99B | 44.51B |
Cash Flow | |||||
| Free Cash Flow | 4.96B | 7.21B | 6.00B | 30.31B | 19.05B |
| Operating Cash Flow | 9.76B | 11.41B | 9.64B | 34.48B | 22.02B |
| Investing Cash Flow | 495.00M | -7.92B | 4.08B | -21.62B | -8.34B |
| Financing Cash Flow | -7.87B | -3.50B | -16.80B | -14.13B | -7.90B |
AP Moller - Maersk Technical Analysis
Positive
9.67
Price Trends
12.32
Positive
11.45
Positive
10.69
Positive
Market Momentum
0.19
Positive
44.88
Neutral
12.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMKBY, the sentiment is Positive. The current price of 9.67 is below the 20-day moving average (MA) of 13.00, below the 50-day MA of 12.32, and below the 200-day MA of 10.69, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 44.88 is Neutral, neither overbought nor oversold. The STOCH value of 12.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMKBY.
AP Moller - Maersk Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $2.02B | 3.51 | 13.56% | 3.64% | 3.82% | -13.73% | |
76 Outperform | $4.81B | 8.56 | 16.63% | 1.13% | 1.88% | 9.30% | |
72 Outperform | $2.00B | 5.21 | 16.86% | 2.94% | -29.82% | -16.77% | |
70 Outperform | $1.86B | 3.29 | 8.85% | 0.39% | -1.33% | -33.66% | |
69 Neutral | $3.16B | 5.34 | 12.06% | 20.35% | 1.63% | -30.30% | |
65 Neutral | $36.15B | -119.85 | 4.88% | 9.71% | 4.98% | 37.22% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
AMKBY
AP Moller - Maersk
12.39
3.85
45.01%
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MATX
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ZIM
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97.65%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.