TOPS Relative Valuation - Top Ships Inc - Alpha Spread
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Top Ships Inc
AMEX:TOPS

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Top Ships Inc
AMEX:TOPS
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Price: 8.805 USD 4.08% Market Closed
Market Cap: 40.7m USD
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Relative Value

The Relative Value of one TOPS stock under the Base Case scenario is 35.886 USD. Compared to the current market price of 8.805 USD, Top Ships Inc is Undervalued by 75%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TOPS Relative Value
Base Case
35.886 USD
Undervaluation 75%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
vs Industry
Median 3Y
0.1
Median 5Y
0.7
Industry
1.3
Forward
0.1
vs History
vs Industry
Median 3Y
-0.4
Median 5Y
-1.5
Industry
9.3
Forward
2.2
vs History
vs Industry
Median 3Y
0.2
Median 5Y
0.6
Industry
4.6
vs History
vs Industry
Median 3Y
-0.1
Median 5Y
-0.2
Industry
10.9
vs History
vs Industry
Median 3Y
0
Median 5Y
0.4
Industry
1.2
vs History
vs Industry
Median 3Y
2.6
Median 5Y
3.2
Industry
1.7
Forward
2.3
vs History
vs Industry
Median 3Y
2.6
Median 5Y
3.3
Industry
4.3
vs History
vs Industry
Median 3Y
7
Median 5Y
7.8
Industry
5.7
Forward
4.3
vs History
vs Industry
Median 3Y
7
Median 5Y
11.3
Industry
8.1
Forward
6.1
vs History
vs Industry
Median 3Y
6.2
Median 5Y
10.8
Industry
6.1
vs History
vs Industry
Median 3Y
-1.1
Median 5Y
-1.5
Industry
10.7
vs History
vs Industry
Median 3Y
0.5
Median 5Y
0.6
Industry
1

Multiples Across Competitors

TOPS Competitors Multiples
Top Ships Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
GR
Top Ships Inc
AMEX:TOPS
7.1m USD 0.1 -0.4 7 7
CA
Enbridge Inc
NYSE:ENB
88.2B USD 2.7 21.5 15.1 23.6
US
Enterprise Products Partners LP
NYSE:EPD
63.6B USD 1.2 11.2 10 13.5
US
ONEOK Inc
NYSE:OKE
54.9B USD 2.9 21.5 14.9 18.3
US
Williams Companies Inc
NYSE:WMB
55.3B USD 5.3 19.6 13.8 21.8
US
Energy Transfer LP
NYSE:ET
54.6B USD 0.7 13.9 8 12.2
US
Kinder Morgan Inc
NYSE:KMI
48.4B USD 3.1 19.9 11.8 18.2
CA
TC Energy Corp
NYSE:TRP
47.9B USD 3.9 18.9 12.6 17.8
US
Cheniere Energy Inc
LSE:0HWH
45.6B USD 2.8 10.3 7.3 8.4
US
MPLX LP
NYSE:MPLX
45.1B USD 3.8 10.9 9.6 12
US
Targa Resources Corp
NYSE:TRGP
33.5B USD 2.1 31.4 12.3 19.2

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