Added to YB: 2024-06-18
Pitch date: 2024-06-14
KCC.OL [bullish]
Klaveness Combination Carriers ASA
-11.57%
current return
Author Info
No bio for this author
Company Info
Klaveness Combination Carriers ASA owns and operates combination carriers for the dry bulk shipping and product tanker industries in the Middle East, Australia, Oceania, North East Asia, South America, North America, Europe, Southeast Asia, and South Asia.
Market Cap
NOK 584.6M
Pitch Price
NOK 92.39
Price Target
N/A
Dividend
12.92%
EV/EBITDA
5.73
P/E
6.77
EV/Sales
2.69
Sector
Marine Transportation
Category
dividend
Klaveness Combination Carriers AS
KCC.OL: Unique combo carriers for dry-bulk & clean petroleum, reducing ballast voyages for higher rates & lower emissions. Profitable segments w/ low orderbook signal more strong years. Secretive tech. 80% FCF payout (12.2% TTM yield), 5.7x TTM EV/EBITDA, 5.3x fwd P/E. 15% Norwegian withholding tax applies.
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