# Tufton Oceanic Assets Limited (SHIP.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Industrials. Price $1.40, market value $374 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Tufton Oceanic Assets Limited reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 3.6×**. Each dollar of revenue is priced at 3.6×.
- **Price / book: 1.0×**. The shares trade at 1.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.8×**. Enterprise value is 4.8× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 15.5%** (5-yr avg 7.9%). Free cash flow equals 15.5% of the market value, above its five-year average of 7.9%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.

## Profitability
- **Gross margin: 6.5%**. Tufton Oceanic Assets Limited keeps 6.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 36.8%**. 36.8% of revenue is left after running the business, an exceptional level.
- **Net margin: -112.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -10.3%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 10.7%**. Return on all capital, debt included, is 10.7%.
- **Return on assets: 10.7%**. Each dollar of assets produces 10.7% of profit.

## Growth
- **Revenue growth (1 yr): 6.7%** (3-yr -33.4%/yr). Revenue grew 6.7% over the last year.
- **EPS growth (1 yr): -150.0%**. Earnings per share fell 150.0%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Tufton Oceanic Assets Limited holds more cash than debt.
- **Current ratio: 7.09** (quick 7.09). Current assets cover the next year's liabilities 7.09 times.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 7.14%** ($0.10 per share, trailing). Tufton Oceanic Assets Limited yields 7.14%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 8**. 8 straight years of increases.
- **Dividend growth (5 yr): 7.7%/yr** (1-yr 1.2%). The dividend has grown 7.7% a year over five years.
- **Shareholder yield: 17.5%**. Dividends plus net buybacks return 17.5% of the market value a year.

## Price and momentum
- **Total return (1 yr): 33.1%** (YTD 30.8%, 3-mo 10.2%). The shares are up 33.1% over twelve months including dividends.
- **From 52-week high: -0.7%** (27.4% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 69**. An RSI of 69 is neutral.
- **Beta (1 yr): 0.03** (volatility 11%). Beta of 0.03 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SHIP.L · Page: https://foliofundamentals.com/stocks/ship.l

Not investment advice.