Analyzing C3is (CISS) & Its Peers

C3is (NASDAQ:CISS) is one of 52 publicly-traded companies in the “Deep sea foreign transportation of freight” industry, but how does it contrast to its peers? We will compare C3is to similar companies based on the strength of its risk, institutional ownership, dividends, valuation, analyst recommendations, profitability and earnings.

Earnings & Valuation

This table compares C3is and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
C3is	$28.74 million	$9.29 million	0.05
C3is Competitors	$668.61 million	$106.07 million	14.33

C3is’ peers have higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of current recommendations and price targets for C3is and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
C3is	0	0	0	0	N/A
C3is Competitors	222	1173	1651	48	2.49

As a group, “Deep sea foreign transportation of freight” companies have a potential upside of 7.99%. Given C3is’ peers higher probable upside, analysts clearly believe C3is has less favorable growth aspects than its peers.

Profitability

This table compares C3is and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
C3is	32.12%	22.99%	14.33%
C3is Competitors	30.52%	16.29%	8.60%

Institutional and Insider Ownership

10.5% of C3is shares are held by institutional investors. Comparatively, 48.1% of shares of all “Deep sea foreign transportation of freight” companies are held by institutional investors. 16.8% of shares of all “Deep sea foreign transportation of freight” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

C3is peers beat C3is on 6 of the 9 factors compared.

About C3is

C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.