Added to YB: 2025-03-20
Pitch date: 2025-02-01
TORO [bullish]
Toro Corp.
+158.59%
current return
Author Info
No bio for this author
Company Info
Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide.
Market Cap
$41.3M
Pitch Price
$1.96
Price Target
4.30 (-15%)
Dividend
N/A
EV/EBITDA
-0.73
P/E
0.83
EV/Sales
-0.36
Sector
Marine Transportation
Category
value
Toro Corp. - $TORO
TORO: Greek shipping spin-off with improved governance. CEO aligned via 50%+ ownership. $580M NAV ($29.75/share) vs. $5 price. Assets: $50M cash, $75M vessels, $200M CTRM loan/convertible. Risks: Marshall Islands listing, potential lowball takeover. Catalyst: buyback/takeover. 25-50% upside potential.
Read full article (7 min)