A P Moller Maersk AS Class B MAERSK B

Morningstar Rating
DKK 9,740.00 −530.00 (5.16%)
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Company Report

US Port Strike Is a Short-Term Tailwind for Global Shippers, but Our Long-Term Outlook Is Unchanged

United States East Coast and Gulf Coast ports went on strike the morning of Oct. 1, 2024, threatening significant trade and economic disruption ahead of the busy holiday shopping season. While Maersk and Hapag-Lloyd’s stock prices are heavily tied to the price of container shipping and potential short-term increases will benefit the stocks, we do not change our long-term view.

Price vs Fair Value

MAERSK B is trading within a range we consider fairly valued.
Price
DKK 9,740.00
Fair Value
DKK 47,182.00
Uncertainty
High
1-Star Price
DKK 65,116.00
5-Star Price
DKK 4,774.00
Economic Moat
Znr
Capital Allocation
Zsvdmbqpd

Bulls Say, Bears Say

Bulls

The Gemini Cooperation will better utilize oceans and terminal assets via the hub-and-spoke model, improving reliability and reducing costs.

Bears

Even if the hub-and-spoke model successfully improves margins, it can be replicated, mitigating any competitive advantage.

Trading Information

Previous Close Price
DKK 10,270.00
Day Range
DKK 9,384.009,810.00
52-Week Range
DKK 8,412.0014,430.00
Bid/Ask
DKK 9,714.00 / DKK 9,722.00
Market Cap
DKK 153.66 Bil
Volume/Avg
94,373 / 26,475

Key Statistics

Price/Earnings (Normalized)
6.03
Price/Sales
0.47
Dividend Yield (Trailing)
5.29%
Dividend Yield (Forward)
5.29%
Total Yield
14.20%

Company Profile

Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations and ocean towing.
Sector
Industrials
Industry
Marine Shipping
Stock Style Box
Large Value
Total Number of Employees
100,000

Competitors

Valuation

Metric
MAERSK B
HLAG
Price/Earnings (Normalized)
6.0330.54
Price/Book Value
0.421.32
Price/Sales
0.471.46
Price/Cash Flow
10.23
Price/Earnings
MAERSK B
HLAG

Financial Strength

Metric
MAERSK B
HLAG
Quick Ratio
2.281.39
Current Ratio
2.411.51
Interest Coverage
3.46
Quick Ratio
MAERSK B
HLAG

Profitability

Metric
MAERSK B
HLAG
Return on Assets (Normalized)
2.51%
Return on Equity (Normalized)
3.91%
Return on Invested Capital (Normalized)
3.07%
Return on Assets
MAERSK B
HLAG

Marine Shipping Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COSCO SHIPPING Holdings Co Ltd ADR
CICOY
Xwwtrwx$33.5 Bil
COSCO SHIPPING Holdings Co Ltd Class H
CICOF
Shgzt$33.5 Bil
Hapag-Lloyd AG ADR
HPGLY
Swkgxbz$26.9 Bil
Hapag-Lloyd AG
HLAGF
Xjsrp$26.9 Bil
A P Moller Maersk AS Class B
AMKBF
Yhhm$22.3 Bil
A P Moller Maersk AS Class A
AMKAF
Mvv$22.3 Bil
A P Moller Maersk AS ADR
AMKBY
Fxdt$22.3 Bil
Nippon Yusen Kabushiki Kaisha
NYUKF
Ycwwytd$15.2 Bil
Nippon Yusen Kabushiki Kaisha ADR
NPNYY
Jqbljw$15.2 Bil
International Container Terminal Services Inc
ICTEF
Xdsl$15.1 Bil

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