CMRE
Costamare Inc
Price:  
14.86 
USD
Volume:  
584,577.00
Monaco | Marine
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CMRE Fair Value

379.34 %
Upside

As of 2024-05-24, the Fair Value of Costamare Inc (CMRE) is 71.23 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 14.86 USD, the upside of Costamare Inc is 379.34%.

14.86 USD
Stock Price
71.23 USD
Fair Price
FAIR VALUE CALCULATION

CMRE Fair Value

Peter Lynch's formula is:

CMRE Fair Value
= Earnings Growth Rate x TTM EPS
CMRE Fair Value
= 25.00 x 2.85
CMRE Fair Value
= 71.23

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income 99.00 8.90 435.10 555.00 385.75 296.75
YoY growth 47.32% -91.01% 4,788.76% 27.56% -30.50% 948.43%

CMRE Fair Value - Key Data

Market Cap (mil) 1,765.22
P/E 5.22x
Forward P/E 7.87x
EPS 2.85
Avg earnings growth rate 948.43%
TTM earnings 338.45