Reviewing United Maritime (NASDAQ:USEA) & Britannia Bulk (OTCMKTS:BBLKF)

Britannia Bulk (OTCMKTS:BBLKF) and United Maritime (NASDAQ:USEA) are both transportation companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, institutional ownership, risk, dividends, analyst recommendations and profitability.

Insider & Institutional Ownership

1.6% of United Maritime shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current recommendations for Britannia Bulk and United Maritime, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Britannia Bulk	0	0	0	0	0.00
United Maritime	1	0	0	0	1.00

Given Britannia Bulk’s higher probable upside, equities research analysts plainly believe Britannia Bulk is more favorable than United Maritime.

Profitability

This table compares Britannia Bulk and United Maritime’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Britannia Bulk	N/A	N/A	N/A
United Maritime	-14.64%	-9.88%	-3.45%

Valuation and Earnings

This table compares Britannia Bulk and United Maritime”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Britannia Bulk	N/A	N/A	N/A	N/A	N/A
United Maritime	$45.44 million	0.34	-$3.38 million	($0.72)	-2.32

Britannia Bulk has higher earnings, but lower revenue than United Maritime.

Risk and Volatility

Britannia Bulk has a beta of 8.01, indicating that its share price is 701% more volatile than the S&P 500. Comparatively, United Maritime has a beta of 0.91, indicating that its share price is 9% less volatile than the S&P 500.

Summary

Britannia Bulk beats United Maritime on 5 of the 8 factors compared between the two stocks.

About Britannia Bulk

Britannia Bulk Holdings Inc., together with its subsidiaries, provides drybulk shipping and maritime logistics services. It primarily transports coal, fertilizers, scrap metals, iron-ore, grain, and other bulk cargoes from the Baltic region to Northern and Western Europe. The company’s logistics services include port modification, fendering, lightening, dredging of berths, maximizing vessel throughput in ports, provision of floating cranes, and self-discharging equipment. The company serves power companies, coal producers, and commodity trading houses. Britannia Bulk Holdings Inc. was formerly known as Britannia Bulk PLC and changed its name to Britannia Bulk Holdings Inc. in June 2008. The company was founded in 1999 and is headquartered in London, the United Kingdom. As of 2010, Britannia Bulk Holdings Inc. is in liquidation.

About United Maritime

United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. It operates a fleet of eight dry bulk vessels comprising three Panamax, three Capesize, and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 922,054 dwt. The company was incorporated in 2022 and is based in Glyfada, Greece.