Capital Clean Energy Carriers (CCEC) AI Stock Analysis

• Market Cap: $2.09B
• Dividend Yield: 3.42%
• Average Volume (3M): 14.08K
• Price to Earnings (P/E): 7.0
• Beta (1Y): 0.22
• Revenue Growth: 14.63%
• EPS Growth: N/A
• Country: US
• Employees: N/A
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 2.56
• Shares Outstanding: 58,387,314
• 10 Day Avg. Volume: 10,761
• 30 Day Avg. Volume: 14,077
• PEG Ratio: 0.38
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.02
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $22.67
• Price Target Upside: 26.79% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

Capital Clean Energy Carriers' overall stock score reflects strong financial performance, particularly in revenue and income growth, and a robust valuation with a low P/E ratio and attractive dividend yield. However, technical indicators point to a bearish trend, which could dampen short-term performance. Maintaining balanced growth and managing debt levels will be crucial for sustained success.

Positive Factors

EBITDA growth

The accretion from new LNG carriers is set to be the primary driver behind the 37% EBITDA growth forecast.

Fleet expansion

CCEC's fleet evolution is expected to lead to material cash flow acceleration, driving a more robust capital return pace.

Negative Factors

Debt levels

CCEC's total debt to capital ratio is projected to rise to nearly 71% with the delivery of new vessels.

Capital Clean Energy Carriers Business Overview & Revenue Model

Company Description

Capital Clean Energy Carriers (CCEC) is a pioneering company in the renewable energy transportation sector, dedicated to offering sustainable and efficient logistics solutions for clean energy products. The company's core services include the transportation of renewable energy resources such as biofuels, hydrogen, and other alternative fuels, leveraging a fleet of eco-friendly vehicles designed to minimize carbon emissions. CCEC aims to facilitate the transition to a low-carbon economy by providing reliable and eco-conscious transport solutions to energy producers and distributors.

How the Company Makes Money

CCEC generates revenue primarily through service contracts with renewable energy producers and distributors who require efficient and sustainable transportation solutions for their products. The company charges fees based on the volume and distance of transportation, with additional charges for specialized handling of certain energy resources. CCEC also partners with government agencies and private entities to develop infrastructure for clean energy logistics, securing funding and subsidies that contribute to its revenue. Strategic alliances with vehicle manufacturers and technology providers further enhance its service offerings and financial performance.

Capital Clean Energy Carriers Financial Statement Overview

Summary

Capital Clean Energy Carriers shows strong revenue and profit growth with high operational efficiency. However, financial risks arise from high leverage and lack of equity, despite improving cash flow and investment activities.

Income Statement

Capital Clean Energy Carriers has demonstrated strong revenue growth, with a TTM increase of 12.0% compared to the previous year. The gross profit margin is robust at 54.1%, indicating efficient cost management. Net profit margin has improved to 25.7% in TTM, showing enhanced profitability. The EBIT and EBITDA margins also reflect strong operational efficiency at 49.6% and 69.6%, respectively. The company exhibits impressive growth and profitability trends, positioning it well in the transportation industry.

Balance Sheet

The balance sheet indicates financial risk due to the absence of stockholders' equity in the latest period, resulting in undefined debt-to-equity and equity ratios. The total debt has increased significantly, reflecting higher leverage. Return on Equity (ROE) cannot be calculated due to zero equity, posing a risk to financial stability. Despite asset growth, the high debt levels present potential financial vulnerabilities.

Cash Flow

Operating cash flow has shown a positive trend, with a healthy ratio of operating cash flow to net income at 2.21 for TTM, indicating strong cash generation. Free cash flow has turned positive, with substantial growth from previous deficits, reflecting improved cash management. However, the investing cash flow remains negative, suggesting ongoing investments, which could impact future liquidity. Overall, the cash flow position is improving, although some risk remains from capital expenditures.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
403.72M	360.59M	299.07M	184.66M	140.87M	122.75M
	Gross Profit
218.29M	175.78M	146.10M	79.91M	54.44M	45.63M
	EBIT
200.15M	150.84M	135.42M	71.25M	47.24M	40.13M
	EBITDA
280.88M	237.16M	216.70M	125.47M	100.34M	83.77M
	Net Income Common Stockholders
103.56M	46.53M	125.42M	98.18M	30.37M	24.18M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
63.97M	192.42M	144.63M	20.37M	47.34M	57.96M
	Total Assets
1.40B	3.14B	2.00B	1.89B	822.20M	703.46M
	Total Debt
583.32M	1.78B	1.29B	1.31B	374.32M	258.99M
	Net Debt
519.34M	1.58B	1.14B	1.29B	326.99M	201.02M
	Total Liabilities
620.35M	1.97B	1.36B	1.36B	400.12M	296.73M
	Stockholders Equity
769.12M	1.16B	626.01M	515.00M	413.26M	398.17M
Cash Flow		Free Cash Flow
172.87M	-282.10M	26.99M	-263.06M	-109.33M	46.88M
	Operating Cash Flow
228.38M	185.53M	168.22M	105.03M	75.92M	53.39M
	Investing Cash Flow
-905.47M	-447.09M	-14.11M	-175.06M	-185.25M	-8.00M
	Financing Cash Flow
751.77M	307.01M	-30.74M	46.68M	100.20M	-20.13M

Capital Clean Energy Carriers Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.88
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CCEC, the sentiment is Negative. The current price of 17.88 is below the 20-day moving average (MA) of 18.14, below the 50-day MA of 18.71, and below the 200-day MA of 17.99, indicating a bearish trend. The MACD of -0.38 indicates Negative momentum. The RSI at 47.48 is Neutral, neither overbought nor oversold. The STOCH value of 83.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CCEC.

Capital Clean Energy Carriers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DAC	77 Outperform	$1.50B	3.09	15.68%	4.10%	6.00%	-9.89%
CCEC	74 Outperform	$2.09B	6.98	8.26%	3.42%	14.63%	―
NMM	72 Outperform	$1.01B	2.86	12.46%	0.58%	2.08%	-14.91%
GOGL	71 Outperform	$1.55B	6.93	11.68%	13.56%	9.33%	98.70%
SFL	67 Neutral	$1.18B	7.91	12.05%	13.35%	20.22%	52.03%
CMRE	64 Neutral	$1.10B	3.77	13.07%	5.01%	37.10%	-17.36%
Sector *	63 Neutral	$4.27B	11.40	5.38%	214.63%	4.11%	-8.98%