Ocean Yield ASA (OTCMKTS:OYIEF) & Costamare (NYSE:CMRE) Financial Review
by Michael Walen · The Markets DailyCostamare (NYSE:CMRE – Get Free Report) and Ocean Yield ASA (OTCMKTS:OYIEF – Get Free Report) are both industrials companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, institutional ownership, dividends, valuation and risk.
Earnings and Valuation
This table compares Costamare and Ocean Yield ASA”s top-line revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Costamare | $877.90 million | 2.00 | $364.58 million | $2.63 | 5.56 |
| Ocean Yield ASA | N/A | N/A | N/A | N/A | N/A |
Costamare has higher revenue and earnings than Ocean Yield ASA.
Analyst Recommendations
This is a summary of current ratings and target prices for Costamare and Ocean Yield ASA, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Costamare | 0 | 3 | 0 | 1 | 2.50 |
| Ocean Yield ASA | 0 | 0 | 0 | 0 | 0.00 |
Costamare currently has a consensus target price of $12.00, suggesting a potential downside of 17.98%. Given Costamare’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Costamare is more favorable than Ocean Yield ASA.
Profitability
This table compares Costamare and Ocean Yield ASA’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Costamare | 39.66% | 15.11% | 8.47% |
| Ocean Yield ASA | N/A | N/A | N/A |
Institutional & Insider Ownership
58.1% of Costamare shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Summary
Costamare beats Ocean Yield ASA on 8 of the 8 factors compared between the two stocks.
About Costamare
Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco.
About Ocean Yield ASA
Ocean Yield ASA engages in the investment, acquisition, sale, and leasing of marine installations. It operates through the following segments: Floating Production Storage and Offloading (FPSO), Other Oil Service, Car Carriers, Container Vessels, Tankers, Other Shipping, and Other. The FPSO segment invests in floating production, storage, and offloading vessels. The Other Oil Service segment consists of subsea construction vessels, cable lay vessels, and anchor handling tug supply vessels (AHTS). The Car Carriers segment offers pure car truck carriers (PCTC). The Container Vessels segment includes the equity investment in mega container vessels. The Tankers segment deals with investments in chemical, product, and crude tankers. The Other Shipping segment includes investments within chemical and product tankers. The Other segment refers to any other investments made by the group. The company was founded in March 2012 and is headquartered in Lysaker, Norway.