d'Amico International Shipping S.A. (DIS) AI Stock Analysis

• Market Cap: €367.99M
• Dividend Yield: 14.39%
• Average Volume (3M): 541.39K
• Price to Earnings (P/E): 2.1
• Beta (1Y): 0.67
• Revenue Growth: -9.40%
• EPS Growth: -0.99%
• Country: IT
• Employees: 26
• Sector: Industrials
• Sector Strength: 77
• Industry: Marine Shipping
• EPS (TTM): 0.19
• Shares Outstanding: 124,106,560
• 10 Day Avg. Volume: 683,350
• 30 Day Avg. Volume: 541,386
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.61
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 2.41
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €5.35
• Price Target Upside: 74.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

d'Amico International Shipping S.A. is in a solid financial position with strong profitability and a healthy balance sheet, although recent declines in revenue and free cash flow growth require attention. The stock is undervalued and offers a high dividend yield, but technical indicators suggest potential downward momentum. Overall, the stock presents a balanced opportunity with significant strengths in financial health and valuation, but caution is advised due to bearish technical signals.

Positive Factors

Dividends and Buybacks

As DIS continues to delever its balance sheet, it will distribute an interim dividend, and management confirmed its intention to maintain a payout while continuing its buyback.

Earnings

Higher-than-expected profitability and cash generation in a tougher market.

Future Earnings Visibility

DIS has increased time-charter coverage at highly profitable rates, highlighting strong client interest and adding visibility to future earnings.

Negative Factors

Geopolitical Factors

Stricter sanctions on exports from Venezuela and Iran could severely constrain fleet availability and productivity, potentially driving freight rates significantly higher.

Market Weakness

Underlying product market weakness has not improved, which could put pressure on FY-24 estimates.

Shareholder Returns

In the short term, muted product tanker rates could constrain earnings and lead to a reduction in shareholder returns from their previously elevated levels.

d'Amico International Shipping S.A. Business Overview & Revenue Model

Company Description

d'Amico International Shipping S.A. (DIS) is a leading international marine transportation company engaged in the seaborne transportation of refined petroleum products and vegetable oils. The company operates in the maritime industry, providing services that include the chartering and operation of product tankers. DIS's fleet comprises a mix of owned and chartered-in vessels, enabling it to offer flexible and efficient logistical solutions to its global clientele.

How the Company Makes Money

d'Amico International Shipping S.A. generates revenue primarily through the chartering of its tanker fleet. The company offers its vessels on both spot and time charter contracts. In a spot charter, the company earns revenue based on single voyage contracts where freight rates can fluctuate based on market conditions. In time charters, DIS leases its vessels for a fixed period, providing a steady revenue stream and more predictable cash flow. Additionally, the company may engage in pooling arrangements with other shipping companies to optimize fleet utilization and achieve economies of scale. Key factors contributing to DIS's earnings include the global demand for oil and oil products, freight rate trends, and operational efficiency. The company also benefits from strategic partnerships with oil majors, trading companies, and other shipping entities which help to secure long-term contracts and stability in its revenue streams.

d'Amico International Shipping S.A. Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
543.82M	484.43M	247.34M	316.31M	353.53M
	Gross Profit
245.62M	184.43M	9.25M	69.68M	29.06M
	EBIT
219.86M	165.68M	-6.90M	56.40M	16.02M
	EBITDA
282.08M	228.22M	59.72M	123.05M	90.31M
	Net Income Common Stockholders
192.22M	134.87M	-37.26M	16.56M	-27.53M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
111.15M	117.90M	43.41M	62.07M	33.60M
	Total Assets
1.00B	1.05B	936.32M	1.03B	1.13B
	Total Debt
336.85M	539.17M	567.26M	622.96M	699.01M
	Net Debt
225.69M	421.28M	523.85M	560.89M	665.42M
	Total Liabilities
383.90M	576.47M	603.93M	666.86M	779.58M
	Stockholders Equity
617.81M	478.41M	332.38M	365.73M	352.46M
Cash Flow		Free Cash Flow
251.44M	112.32M	24.79M	72.11M	-5.96M
	Operating Cash Flow
292.92M	147.80M	31.83M	84.13M	59.27M
	Investing Cash Flow
-41.49M	-41.77M	6.65M	43.82M	-40.42M
	Financing Cash Flow
-248.52M	-24.20M	-57.37M	-100.17M	-16.45M

d'Amico International Shipping S.A. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:DIS, the sentiment is Negative. The current price of 3.06 is above the 20-day moving average (MA) of 2.93, below the 50-day MA of 3.15, and below the 200-day MA of 4.24, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 50.81 is Neutral, neither overbought nor oversold. The STOCH value of 14.57 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IT:DIS.

d'Amico International Shipping S.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GE	76 Outperform	€131.94M	11.27	11.53%	4.44%	0.17%	-3.54%
TEN	74 Outperform	€17.58B	9.65	10.53%	4.23%	-14.41%	-44.84%
DIS	68 Neutral	€367.99M	2.12	27.48%	14.39%	-9.40%	-0.99%
SAB	64 Neutral	€167.20M	26.72	4.23%	3.75%	19.81%	134.52%
Sector *	64 Neutral	$4.25B	11.69	5.23%	249.83%	4.04%	-9.46%
PRY	62 Neutral	€14.74B	19.54	16.44%	1.57%	10.89%	32.38%