Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Concordia Maritime AB (publ) operates as a tanker shipping company in Sweden and internationally. It is involved in the shipbuilding, manning, technical, chartering, and commercial operation. The company engages in the transportation of refined oil products, chemicals, and vegetable oils. Its fleet consists of nine P-MAX product tankers and one suezmax tanker. The company was incorporated in 1959 and is based in Gothenburg, Sweden. Concordia Maritime AB (publ) is a subsidiary of Stena Sessan AB.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'