Critical Comparison: C3is (NASDAQ:CISS) and Teekay (NYSE:TK)

Risk and Volatility

Teekay has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500. Comparatively, C3is has a beta of 2.53, indicating that its share price is 153% more volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Teekay	11.05%	6.56%	5.75%
C3is	1.97%	26.10%	14.21%

Valuation & Earnings

This table compares Teekay and C3is”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Teekay	$1.46 billion	0.51	$150.64 million	$1.50	5.47
C3is	$46.02 million	0.01	$9.29 million	$38.27	0.03

Teekay has higher revenue and earnings than C3is. C3is is trading at a lower price-to-earnings ratio than Teekay, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

46.7% of Teekay shares are held by institutional investors. Comparatively, 10.5% of C3is shares are held by institutional investors. 2.4% of Teekay shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Teekay beats C3is on 7 of the 11 factors compared between the two stocks.

About Teekay

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services. As of March 1, 2024, the company operated a fleet of approximately 53 owned and chartered-in vessels. It serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.

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.