(PANL) Pangaea Logistic - Overview
Exchange: NASDAQ •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: BMG6891L1054
Stock: Dry Bulk Shipping, Logistics, Vessel Operations, Cargo Services
Total Rating 56
Risk 84
Buy Signal 1.03
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.76% |
| Yield on Cost 5y | 10.20% |
| Yield CAGR 5y | 18.92% |
| Payout Consistency | 69.9% |
| Payout Ratio | 2.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 50.8% |
| Relative Tail Risk | -9.61% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.25 |
| Alpha | 55.58 |
| Character TTM | |
|---|---|
| Beta | 1.181 |
| Beta Downside | 1.282 |
| Drawdowns 3y | |
|---|---|
| Max DD | 54.76% |
| CAGR/Max DD | 0.35 |
Description: PANL Pangaea Logistic December 29, 2025
Pangaea Logistics Solutions (NASDAQ:PANL) operates a fleet of 41 dry-bulk vessels that transport commodities such as grains, coal, iron ore, and cement clinker for industrial customers worldwide, while also offering terminal, stevedoring, chartering, and technical management services from its headquarters in Newport, Rhode Island.
Key operational metrics show a fleet utilization rate of roughly 85% and an average day-rate of about $12,000 per vessel in 2023, delivering an EBITDA margin near 15%-both above the marine transportation industry median of ~12%. The company’s earnings are highly sensitive to global steel production and the Baltic Dry Index, which moved 30% higher year-over-year in Q3 2024, reflecting strong demand for iron-ore and hot-briquetted-iron shipments.
For a deeper dive into PANL’s valuation dynamics and scenario analysis, you might find ValueRay’s analytical tools useful.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 15.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -6.17 > 1.0 |
| NWC/Revenue: 13.72% < 20% (prev 19.25%; Δ -5.52% < -1%) |
| CFO/TA 0.06 > 3% & CFO 57.9m > Net Income 15.9m |
| Net Debt (288.6m) to EBITDA (105.3m): 2.74 < 3 |
| Current Ratio: 1.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (65.0m) vs 12m ago 41.29% < -2% |
| Gross Margin: 13.19% > 18% (prev 0.13%; Δ 1306 % > 0.5%) |
| Asset Turnover: 70.82% > 50% (prev 69.58%; Δ 1.24% > 0%) |
| Interest Coverage Ratio: 1.34 > 6 (EBITDA TTM 105.3m / Interest Expense TTM 49.8m) |
Altman Z'' 2.05
| A: 0.09 (Total Current Assets 212.6m - Total Current Liabilities 130.9m) / Total Assets 932.1m |
| B: 0.18 (Retained Earnings 163.6m / Total Assets 932.1m) |
| C: 0.08 (EBIT TTM 66.8m / Avg Total Assets 840.7m) |
| D: 0.35 (Book Value of Equity 163.6m / Total Liabilities 466.6m) |
| Altman-Z'' Score: 2.05 = BBB |
Beneish M -3.96
| DSRI: 0.00 (Receivables 59.0m/44.16b, Revenue 595.3m/521.2m) |
| GMI: 1.00 (GM 13.19% / 13.20%) |
| AQI: 0.71 (AQ_t 0.01 / AQ_t-1 0.01) |
| SGI: 1.14 (Revenue 595.3m / 521.2m) |
| TATA: -0.05 (NI 15.9m - CFO 57.9m) / TA 932.1m) |
| Beneish M-Score: -3.96 (Cap -4..+1) = AAA |
What is the price of PANL shares?
As of February 08, 2026, the stock is trading at USD 8.71 with a total of 755,065 shares traded.
Over the past week, the price has changed by +2.71%, over one month by +29.04%, over three months by +77.94% and over the past year by +72.33%.
Over the past week, the price has changed by +2.71%, over one month by +29.04%, over three months by +77.94% and over the past year by +72.33%.
Is PANL a buy, sell or hold?
Pangaea Logistic has received a consensus analysts rating of 5.00.
Therefore, it is recommended to buy PANL.
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the PANL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.4 | 19.6% |
| Analysts Target Price | 10.4 | 19.6% |
| ValueRay Target Price | 10.8 | 24% |
PANL Fundamental Data Overview February 03, 2026
P/E Trailing = 28.2667
P/E Forward = 7.5019
P/S = 0.9293
P/B = 1.311
Revenue TTM = 595.3m USD
EBIT TTM = 66.8m USD
EBITDA TTM = 105.3m USD
Long Term Debt = 100.7m USD (from longTermDebt, last quarter)
Short Term Debt = 47.0m USD (from shortTermDebt, last quarter)
Debt = 382.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 288.6m USD (from netDebt column, last quarter)
Enterprise Value = 841.9m USD (553.3m + Debt 382.6m - CCE 94.0m)
Interest Coverage Ratio = 1.34 (Ebit TTM 66.8m / Interest Expense TTM 49.8m)
EV/FCF = 20.72x (Enterprise Value 841.9m / FCF TTM 40.6m)
FCF Yield = 4.83% (FCF TTM 40.6m / Enterprise Value 841.9m)
FCF Margin = 6.83% (FCF TTM 40.6m / Revenue TTM 595.3m)
Net Margin = 2.67% (Net Income TTM 15.9m / Revenue TTM 595.3m)
Gross Margin = 13.19% ((Revenue TTM 595.3m - Cost of Revenue TTM 516.8m) / Revenue TTM)
Gross Margin QoQ = 15.71% (prev 6.91%)
Tobins Q-Ratio = 0.90 (Enterprise Value 841.9m / Total Assets 932.1m)
Interest Expense / Debt = 7.91% (Interest Expense 30.3m / Debt 382.6m)
Taxrate = 2.89% (375.7k / 13.0m)
NOPAT = 64.8m (EBIT 66.8m * (1 - 2.89%))
Current Ratio = 1.62 (Total Current Assets 212.6m / Total Current Liabilities 130.9m)
Debt / Equity = 0.91 (Debt 382.6m / totalStockholderEquity, last quarter 420.3m)
Debt / EBITDA = 2.74 (Net Debt 288.6m / EBITDA 105.3m)
Debt / FCF = 7.10 (Net Debt 288.6m / FCF TTM 40.6m)
Total Stockholder Equity = 420.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.89% (Net Income 15.9m / Total Assets 932.1m)
RoE = 3.78% (Net Income TTM 15.9m / Total Stockholder Equity 420.8m)
RoCE = 12.80% (EBIT 66.8m / Capital Employed (Equity 420.8m + L.T.Debt 100.7m))
RoIC = 11.91% (NOPAT 64.8m / Invested Capital 544.2m)
WACC = 9.21% (E(553.3m)/V(935.9m) * Re(10.27%) + D(382.6m)/V(935.9m) * Rd(7.91%) * (1-Tc(0.03)))
Discount Rate = 10.27% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 19.67%
[DCF Debug] Terminal Value 72.23% ; FCFF base≈55.9m ; Y1≈51.3m ; Y5≈45.6m
Fair Price DCF = 5.75 (EV 662.2m - Net Debt 288.6m = Equity 373.6m / Shares 65.0m; r=9.21% [WACC]; 5y FCF grow -10.47% → 2.90% )
EPS Correlation: -71.36 | EPS CAGR: -44.28% | SUE: -1.59 | # QB: 0
Revenue Correlation: -39.74 | Revenue CAGR: -8.42% | SUE: 0.57 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.17 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=1.12 | Chg30d=+0.383 | Revisions Net=+0 | Growth EPS=+220.9% | Growth Revenue=+17.1%
P/E Forward = 7.5019
P/S = 0.9293
P/B = 1.311
Revenue TTM = 595.3m USD
EBIT TTM = 66.8m USD
EBITDA TTM = 105.3m USD
Long Term Debt = 100.7m USD (from longTermDebt, last quarter)
Short Term Debt = 47.0m USD (from shortTermDebt, last quarter)
Debt = 382.6m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 288.6m USD (from netDebt column, last quarter)
Enterprise Value = 841.9m USD (553.3m + Debt 382.6m - CCE 94.0m)
Interest Coverage Ratio = 1.34 (Ebit TTM 66.8m / Interest Expense TTM 49.8m)
EV/FCF = 20.72x (Enterprise Value 841.9m / FCF TTM 40.6m)
FCF Yield = 4.83% (FCF TTM 40.6m / Enterprise Value 841.9m)
FCF Margin = 6.83% (FCF TTM 40.6m / Revenue TTM 595.3m)
Net Margin = 2.67% (Net Income TTM 15.9m / Revenue TTM 595.3m)
Gross Margin = 13.19% ((Revenue TTM 595.3m - Cost of Revenue TTM 516.8m) / Revenue TTM)
Gross Margin QoQ = 15.71% (prev 6.91%)
Tobins Q-Ratio = 0.90 (Enterprise Value 841.9m / Total Assets 932.1m)
Interest Expense / Debt = 7.91% (Interest Expense 30.3m / Debt 382.6m)
Taxrate = 2.89% (375.7k / 13.0m)
NOPAT = 64.8m (EBIT 66.8m * (1 - 2.89%))
Current Ratio = 1.62 (Total Current Assets 212.6m / Total Current Liabilities 130.9m)
Debt / Equity = 0.91 (Debt 382.6m / totalStockholderEquity, last quarter 420.3m)
Debt / EBITDA = 2.74 (Net Debt 288.6m / EBITDA 105.3m)
Debt / FCF = 7.10 (Net Debt 288.6m / FCF TTM 40.6m)
Total Stockholder Equity = 420.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.89% (Net Income 15.9m / Total Assets 932.1m)
RoE = 3.78% (Net Income TTM 15.9m / Total Stockholder Equity 420.8m)
RoCE = 12.80% (EBIT 66.8m / Capital Employed (Equity 420.8m + L.T.Debt 100.7m))
RoIC = 11.91% (NOPAT 64.8m / Invested Capital 544.2m)
WACC = 9.21% (E(553.3m)/V(935.9m) * Re(10.27%) + D(382.6m)/V(935.9m) * Rd(7.91%) * (1-Tc(0.03)))
Discount Rate = 10.27% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 19.67%
[DCF Debug] Terminal Value 72.23% ; FCFF base≈55.9m ; Y1≈51.3m ; Y5≈45.6m
Fair Price DCF = 5.75 (EV 662.2m - Net Debt 288.6m = Equity 373.6m / Shares 65.0m; r=9.21% [WACC]; 5y FCF grow -10.47% → 2.90% )
EPS Correlation: -71.36 | EPS CAGR: -44.28% | SUE: -1.59 | # QB: 0
Revenue Correlation: -39.74 | Revenue CAGR: -8.42% | SUE: 0.57 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.17 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=1.12 | Chg30d=+0.383 | Revisions Net=+0 | Growth EPS=+220.9% | Growth Revenue=+17.1%