Contrasting Pacific Basin Shipping (OTCMKTS:PCFBY) and C3is (NASDAQ:CISS)
by Tristan Rich · The Markets DailyPacific Basin Shipping (OTCMKTS:PCFBY – Get Free Report) and C3is (NASDAQ:CISS – Get Free Report) are both small-cap transportation companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, risk, earnings, profitability, analyst recommendations, dividends and valuation.
Analyst Recommendations
This is a summary of recent ratings for Pacific Basin Shipping and C3is, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Pacific Basin Shipping | 0 | 0 | 0 | 0 | 0.00 |
| C3is | 1 | 0 | 0 | 0 | 1.00 |
Insider and Institutional Ownership
10.5% of C3is shares are held by institutional investors. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Risk and Volatility
Pacific Basin Shipping has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500. Comparatively, C3is has a beta of 1.64, indicating that its share price is 64% more volatile than the S&P 500.
Earnings & Valuation
This table compares Pacific Basin Shipping and C3is”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Pacific Basin Shipping | $2.58 billion | 0.58 | $131.70 million | N/A | N/A |
| C3is | $42.30 million | 0.01 | -$2.75 million | ($17.75) | -0.01 |
Pacific Basin Shipping has higher revenue and earnings than C3is.
Profitability
This table compares Pacific Basin Shipping and C3is’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Pacific Basin Shipping | N/A | N/A | N/A |
| C3is | 16.09% | 0.35% | 0.27% |
Summary
C3is beats Pacific Basin Shipping on 6 of the 9 factors compared between the two stocks.
About Pacific Basin Shipping
Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, and ship agency and management services. In addition, the company is involved in the vessel owning and chartering, and convertible bonds issuing activities. It has a fleet of 266 owned and chartered vessels, including 121 Handysize, 1 Capesize, and 144 Supramax/Ultramax vessels. The company was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.
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.