GLBS
Globus Maritime Limited
GLBS's fundamentals are strong: revenue grew 48% and its operating margin went from −6.2% to 23%. At 9.1x earnings, it's trading in line with its usual 8.3x.
GLBS Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Stable |
GLBS's revenue, profitability and cash flow are currently strong, and its balance sheet is stable.
GLBS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 0.8x | $0.25 | -91% |
| Fair | 8.3x | $2.65 | -7.5% |
| Current | 9.1x | $2.87 | — |
| Expensive | 34x | $10.79 | +276% |
Historical ranges are pointers, not guarantees.
GLBS's PE is in its fair range at 9.1x.
GLBS Forward outlook
There aren't enough analyst estimates for GLBS to show an outlook.
GLBS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.32 | +$0.61 |
| Q1 2026 | $0.04 | +$0.08 |
| Q4 2025 | -$0.09 | -550% |
| Q3 2025 | -$0.22 | -257% |
| Q2 2025 | -$0.29 | -188% |
| Q1 2025 | -$0.04 | -136% |
| Q4 2024 | $0.02 | -92% |
| Q3 2024 | $0.14 | +56% |
GLBS has returned to profit: it earned $0.32 per share over the past year, after losing money the year before.
GLBS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.6M | +53% |
| Q1 2026 | $12.2M | +42% |
| Q4 2025 | $13.5M | +55% |
| Q3 2025 | $12.6M | +41% |
| Q2 2025 | $9.5M | +0.2% |
| Q1 2025 | $8.6M | +12% |
| Q4 2024 | $8.7M | +22% |
| Q3 2024 | $9M | +17% |
GLBS's revenue has grown year over year for nine quarters in a row: $15M last quarter, up 53% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 38% | +42 points |
| Q1 2026 | 18% | +38 points |
| Q4 2025 | 19% | +29 points |
| Q3 2025 | 16% | +6.7 points |
| Q2 2025 | -4.3% | -44 points |
| Q1 2025 | -20% | -17 points |
| Q4 2024 | -10% | -20 points |
| Q3 2024 | 9% | -38 points |
GLBS's operating margin was 38% last quarter, up 42 points from the same quarter a year ago.
GLBS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $3.8M | +1358% |
| Q1 2026 | $3.4M | +282% |
| Q4 2025 | $1.3M | +$35.9M |
| Q3 2025 | -$205K | +$44.2M |
| Q2 2025 | $262K | +$4.8M |
| Q1 2025 | $897K | +$19.2M |
| Q4 2024 | -$34.6M | -$31.5M |
| Q3 2024 | -$44.4M | -$31.9M |
GLBS's free cash flow has turned positive after five years mostly in the red: $8M over the past year.
GLBS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +4.9% | +1M shares |
| 3 years | +4.9% | +1M shares |
| 5 years | +7.8% | +1.6M shares |
GLBS has 22M diluted shares, up 4.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
GLBS hasn't bought back shares in the past year.
GLBS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.8x | Moderate |
| Q1 2026 | 3.6x | Elevated |
| Q4 2025 | 4.1x | High |
| Q3 2025 | 4.9x | High |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 4.8x | High |
| Q4 2024 | 5.6x | High |
| Q3 2024 | 2.3x | Moderate |
GLBS's net debt is about 2.8 years of its operating earnings (EBITDA), down from 4.5 years a year ago.
GLBS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.8 | Neutral |
| Stochastic | 11.5 | Oversold |
GLBS's weekly RSI is 49 (neutral) and its Stochastic is 11 (oversold).
GLBS PE vs Industrials Sector
| Metric | GLBS | Sector median | Relative |
|---|---|---|---|
| PE | 9.1x | 24x | 62% below |
| PE % | 54 | 58 | 4 pts below |
GLBS is trading at 9.1x earnings, a 62% discount to the Industrials sector's median of 24x.
GLBS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.08 | 6.8% below |
| 20 week MA | $3.23 | 11% below |
| 50 week MA | $2.47 | 16% above |
| 100 week MA | $1.82 | 58% above |
| 200 week MA | $1.73 | 66% above |
GLBS has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 66% above its 200-week average.
GLBS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.0 | $6.19 | -94% |
| 2021 | $6.19 | $2.41 | -61% |
| 2022 | $2.41 | $1.19 | -51% |
| 2023 | $1.19 | $2.65 | +123% |
| 2024 | $2.65 | $1.18 | -55% |
| 2025 | $1.18 | $1.71 | +45% |
| 2026 YTD | $1.71 | $2.87 | +68% |
GLBS's yearly returns have swung widely, from +123% in 2023 to −94% in 2020. It's up 68% so far in 2026.