Institutional and Insider Ownership
10.5% of C3is shares are owned by institutional investors. Comparatively, 1.7% of Toro shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Earnings & Valuation
This table compares C3is and Toro”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
C3is | $42.30 million | 0.05 | $9.29 million | ($35.21) | -0.09 |
Toro | $22.39 million | 1.64 | $140.64 million | $0.49 | 3.94 |
Toro has lower revenue, but higher earnings than C3is. C3is is trading at a lower price-to-earnings ratio than Toro, indicating that it is currently the more affordable of the two stocks.
Volatility and Risk
Profitability
This table compares C3is and Toro’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
C3is | 5.74% | 19.35% | 11.24% |
Toro | 176.49% | 17.16% | 10.30% |
About C3is
C3is Inc. offers international seaborne transportation services. It provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. The company owns and operates a fleet of two drybulk carriers, which transport major bulks, such as iron ore, coal and grains, as well as minor bulks comprising bauxite, phosphate, and fertilizers, and one Aframax crude oil tanker that transports crude oil. C3is Inc. was founded in 2021 and is based in Athens, Greece.
About Toro
Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton. Toro Corp. was incorporated in 2022 and is based in Limassol, Cyprus.
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