CMRE
9/9 ScoreCostamare Inc.
Analysis Date: March 2, 2026
Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco.
Buffettology Criteria
All 9 of 9 criteria passed
High ROE
Return on Equity > 12%
Value: 16.9%
High ROIC
Return on Invested Capital > 9%
Value: 11.6%
Cash Machine
FCF / Assets > 5%
Value: 0.07
Fair Valuation
Earnings Yield > 3.5%
Value: 17.3%
Share Buybacks
Share Count is Dropping
Value: 0.8%
Defensible Moat
Gross Profit Margin > 40%
Value: 48.2%
Simple Business
Not in a speculative sector (e.g., Biotech)
Value: Industrials
Conservative Debt
Debt to Equity < 1.5
Value: 0.73x
Consistent Growth
5-Year Growth is Positive
Value: 40.2%
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