Head to Head Analysis: Pacific Basin Shipping (OTCMKTS:PCFBF) & United Maritime (NASDAQ:USEA)

United Maritime (NASDAQ:USEA) and Pacific Basin Shipping (OTCMKTS:PCFBF) are both transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, profitability, analyst recommendations, institutional ownership, earnings, valuation and dividends.

Analyst Ratings

This is a summary of current ratings and recommmendations for United Maritime and Pacific Basin Shipping, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
United Maritime	0	0	0	0	N/A
Pacific Basin Shipping	0	0	0	0	N/A

Institutional and Insider Ownership

1.6% of United Maritime shares are owned by institutional investors. Comparatively, 37.4% of Pacific Basin Shipping shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability

This table compares United Maritime and Pacific Basin Shipping’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
United Maritime	-0.25%	0.02%	0.01%
Pacific Basin Shipping	N/A	N/A	N/A

Dividends

United Maritime pays an annual dividend of 0.30 per share and has a dividend yield of 12.1%. Pacific Basin Shipping pays an annual dividend of $0.01 per share and has a dividend yield of 2.2%. United Maritime pays out -166.7% of its earnings in the form of a dividend. Pacific Basin Shipping pays out -13.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. United Maritime is clearly the better dividend stock, given its higher yield and lower payout ratio.

Valuation and Earnings

This table compares United Maritime and Pacific Basin Shipping’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
United Maritime	$36.07 million	0.60	$220,000.00	-0.18	-13.78
Pacific Basin Shipping	N/A	N/A	N/A	($0.05)	-6.34

United Maritime has higher revenue and earnings than Pacific Basin Shipping. United Maritime is trading at a lower price-to-earnings ratio than Pacific Basin Shipping, indicating that it is currently the more affordable of the two stocks.

Summary

United Maritime beats Pacific Basin Shipping on 5 of the 9 factors compared between the two stocks.

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.

About Pacific Basin Shipping

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services worldwide. The company offers its shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, and ship agency and management services. In addition, the company is involved in the vessel owning and chartering, and convertible bonds issuing activities. It has a fleet of 266 owned and chartered vessels, including 121 Handysize, 1 Capesize, and 144 Supramax/Ultramax vessels. The company was founded in 1987 and is headquartered in Wong Chuk Hang, Hong Kong.