Braemar Shipping Services (BMS) AI Stock Analysis

• Market Cap: £84.08M
• Dividend Yield: 5.24%
• Average Volume (3M): 51.89K
• Price to Earnings (P/E): 15.2
• Beta (1Y): 0.20
• Revenue Growth: -2.90%
• EPS Growth: N/A
• Country: UK
• Employees: 400
• Sector: Industrials
• Sector Strength: 89
• Industry: Marine Shipping
• EPS (TTM): 0.13
• Shares Outstanding: 32,924,877
• 10 Day Avg. Volume: 29,738
• 30 Day Avg. Volume: 51,892
• PEG Ratio: 0.05
• Price to Book (P/B): 0.87
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £326.50
• Price Target Upside: 23.21% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

Braemar Shipping Services shows a stable financial condition with moderate profitability and sound financial management, though cash flow challenges exist. The valuation is appealing with a reasonable P/E ratio and high dividend yield. Technical analysis presents mixed signals, with potential short-term bearish momentum. Recent corporate events indicate strong resilience and positive long-term prospects despite geopolitical challenges.

Braemar Shipping Services Business Overview & Revenue Model

Company Description

Braemar Plc provides shipbroking, financial advisory, and logistics services to the shipping, marine, and energy industries. Its Shipbroking segment is involved in the tanker chartering for crude oil, liquefied petrochemical gas, and liquefied natural gas; specialized tankers; purchase and sale of second-hand vessels; chartering of dry cargo and offshore vessels; and provision of research, valuation, consulting, and derivatives brokerage services. The company's Financial segment provides transaction advisory, financing advisory and capital raising, asset and loan management, and restructuring and insolvency advisory services. Its Logistics segment offers port and liner agency, hub agency, freight forwarding, ship to ship transfer, ship track, and customs clearance services. It operates in the United Kingdom, Singapore, the United States, Australia, Germany, and internationally. The company was formerly known as Braemar Seascope Group plc and changed its name to Braemar Shipping Services plc in June 2007. Braemar Shipping Services Plc was founded in 1842 and is headquartered in London, the United Kingdom.

How the Company Makes Money

Braemar Shipping Services generates revenue through a diversified business model primarily focused on shipbroking services. The company earns commissions by acting as an intermediary between ship owners and charterers, facilitating transactions for renting or leasing vessels. Additionally, Braemar provides valuation and consultancy services, offering expert advice on ship valuations, market trends, and strategic planning, which contribute to its earnings. The company's financial advisory services, including mergers and acquisitions consulting, also play a significant role in its revenue stream. Partnerships with key players in the maritime sector and a strong global presence enhance its ability to capture a wide range of business opportunities, driving profitability.

Braemar Shipping Services Financial Statement Overview

Summary

Braemar Shipping Services demonstrates stable financial condition with moderate profitability. The income statement shows consistent operational performance reflected by a decent gross and EBIT margin. The balance sheet is stable with a healthy debt-to-equity ratio and moderate return on equity. However, the cash flow statement flags potential risks due to declining free cash flow growth, which needs to be addressed for sustainable financial health.

Income Statement

Braemar Shipping Services shows a mixed performance in its income statement. The most recent year saw a gross profit margin of 10.28% and an EBIT margin of 5.92%, indicating moderate profitability. However, the revenue remained fairly stable with a slight decrease from the previous year. Net profit margin stands at 3.03%, reflecting modest profitability. Although there have been fluctuations, the company has been maintaining a consistent EBITDA margin, which is a positive sign of operational efficiency.

Balance Sheet

The balance sheet reveals a stable financial position for Braemar Shipping Services. The debt-to-equity ratio is 0.44, suggesting a healthy leverage position. The return on equity is at 5.81%, indicating a moderate return for shareholders. The equity ratio stands at 49.27%, showing a balanced approach between debt and equity financing. The company has managed its liabilities effectively over the years, maintaining a satisfactory level of equity.

Cash Flow

Cash flow analysis indicates some challenges for Braemar Shipping Services. Operating cash flow to net income ratio is positive at 1.12, showing that the company generates adequate cash from operations relative to its net income. However, free cash flow growth has declined significantly, which is a concern. The free cash flow to net income ratio is 1.00, indicating that all net income is being converted into free cash flow, but a declining trend in free cash flow growth could affect future liquidity.

Breakdown
Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
152.75M	152.91M	101.31M	83.69M	117.66M
	Gross Profit
15.71M	18.35M	9.63M	6.92M	99.53M
	EBIT
9.04M	18.35M	9.63M	6.92M	11.10M
	EBITDA
14.15M	14.24M	13.05M	9.98M	11.53M
	Net Income Common Stockholders
4.62M	4.60M	5.82M	2.77M	4.02M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
27.95M	34.73M	13.96M	14.11M	28.75M
	Total Assets
161.57M	177.94M	149.64M	158.30M	182.99M
	Total Debt
34.72M	36.39M	35.93M	42.70M	70.27M
	Net Debt
6.77M	1.66M	21.97M	28.59M	41.52M
	Total Liabilities
81.95M	101.26M	78.15M	91.79M	125.50M
	Stockholders Equity
79.62M	76.68M	71.49M	66.51M	57.49M
Cash Flow		Free Cash Flow
4.65M	21.28M	19.30M	12.20M	8.51M
	Operating Cash Flow
5.18M	22.06M	20.47M	13.35M	10.25M
	Investing Cash Flow
1.49M	6.67M	-5.87M	5.22M	-6.75M
	Financing Cash Flow
-12.08M	-10.60M	-15.08M	-32.45M	-1.95M

Braemar Shipping Services Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 265.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:BMS, the sentiment is Positive. The current price of 265 is above the 20-day moving average (MA) of 237.50, above the 50-day MA of 235.46, and above the 200-day MA of 258.70, indicating a bullish trend. The MACD of 7.65 indicates Negative momentum. The RSI at 64.28 is Neutral, neither overbought nor oversold. The STOCH value of 87.91 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:BMS.

Braemar Shipping Services Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OCN	78 Outperform	£470.33M	9.59	10.79%	<0.01%	8.17%	27.93%
FSJ	72 Outperform	£160.60M	3.47	27.40%	―	-11.79%	―
BMS	67 Neutral	£84.08M	15.20	6.29%	5.24%	-2.90%	―
Sector *	64 Neutral	$4.43B	12.01	5.15%	249.50%	3.98%	-11.60%
AFC	50 Neutral	£90.51M	―	-56.78%	―	1663.00%	5.93%

Braemar Shipping Services Corporate Events

Braemar Plc Announces Total Voting Rights Update

Braemar Plc has announced that as of March 31, 2025, the total number of ordinary shares with voting rights in the company is 32,924,877. This information is crucial for shareholders to determine their interests or changes in their interests under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

Braemar Plc Reports Robust FY25 Performance Amid Geopolitical Challenges

Braemar Plc reported a robust trading performance for the fiscal year ending February 2025, despite pressures on global charter rates due to geopolitical volatility. The company’s diversified business model helped offset these challenges, with strong performances in areas like Sale and Purchase. While revenue and operating profit saw a slight decline compared to the previous year, the company maintained strong operating cash flow and quickly returned to a positive net cash position. The board remains confident in the company’s long-term prospects, supported by a strong forward order book and strategic plans for growth through organic investment and acquisitions.

Braemar Plc Announces Total Voting Rights Update

Braemar Plc announced that as of 28 February 2025, the total number of ordinary shares in issue is 32,924,877, each carrying one vote, with no shares held in Treasury. This information is crucial for shareholders to determine their notification requirements under the Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

Braemar Plc Announces Total Voting Rights Update

Braemar Plc announced that its total number of ordinary shares in issue as of 31 January 2025 is 32,924,877, with each share carrying one vote. This information is vital for shareholders to determine their interest in the company as per the Financial Conduct Authority’s regulations. This update reinforces the company’s commitment to transparency and provides stakeholders with the necessary data to make informed decisions.