Belships ASA

Belships ASAverified

BELCO.OL

Price:

$18.32

Market Cap:

$4.63B

Belships ASA owns and operates dry bulk ships worldwide. It operates through Own Ships, Lighthouse Naviagtion, and Ship Management segments. The company operates a fleet of 34 Supra/Ultramax bulk carriers. It also provides commercial and ship management, technical, crewing, port agency, and logistical services. The company was founded in 1918 and is headquartered in Oslo, Norway.[Read more]

Industry

Marine Shipping

IPO Date

2000-01-03

Stock Exchange

OSL

Ticker

BELCO.OL

The ROE as of November 2024 (TTM) for Belships ASA (BELCO.OL) is 24.17%

According to Belships ASA’s latest financial reports and current stock price. The company's current ROE is 24.17%. This represents a change of 299.11% compared to the average of 6.06% of the last 4 quarters.

Belships ASA (BELCO.OL) Historical ROE (quarterly & annually)

How has BELCO.OL ROE performed in the past?

The mean historical ROE of Belships ASA over the last ten years is 11.61%. The current 24.17% ROE has changed 108.24% with respect to the historical average. Over the past ten years (40 quarters), BELCO.OL's ROE was at its highest in in the December 2021 quarter at 19.87%. The ROE was at its lowest in in the March 2024 quarter at 4.90%.

Quarterly (TTM)
Annual

Average

11.61%

Median

20.07%

Minimum

-72.42%

Maximum

55.77%

Belships ASA (BELCO.OL) ROE by Quarter and Year

Discovering the peaks and valleys of Belships ASA ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.86%

Maximum Annual ROE = 55.77%

Minimum Annual Increase = -759.94%

Minimum Annual ROE = -72.42%

Quarterly (TTM)
Annual
YearROEChange
202325.98%-53.41%
202255.77%32.86%
202141.98%-376.15%
2020-15.20%-759.94%
20192.30%-83.73%
201814.16%-64.84%
201740.27%-155.61%

Belships ASA (BELCO.OL) Average ROE

How has BELCO.OL ROE performed in the past?

The current ROE of Belships ASA (BELCO.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

41.24%

5-year avg

22.17%

10-year avg

11.61%

Belships ASA (BELCO.OL) ROE vs. Peers

How is BELCO.OL’s ROE compared to its peers?

Belships ASA’s ROE is

CompanyROEMarket cap

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