Safe Bulkers Inc ($0.001 par value) - ADR Key Ratios
$8.75
As on 01-Sep-2026 16:00EDT
Market cap
$843 Mln
Revenue (TTM)
$308 Mln
P/E Ratio
10.6
P/B Ratio
1
Div. Yield
1.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 17.58 | 33.04 | 10.81 | -1.10 | 4.37 |
| EBIT | 35.65 | 247.64 | 24.10 | -9.30 | 5.21 |
| Net Profit | 58.32 | 1,970.49 | 62.81 | -10.31 | -2.82 |
| EPS | 58.84 | 1,983.85 | 69.45 | -5.69 | 6.95 |
| Book Value | -- | -- | 3.82 | 7.75 | 13.28 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 35.43 | 44.01 | 35.39 | 26.25 | 43.01 |
| Net Margin
| -- | -- | 28.29 | -- | -- |
| Return on equity
| 8.84 | 16.26 | 10.23 | 4.64 | 11.99 |
| Return on Capital
| 5.44 | 9.62 | -- | 2.82 | 7.30 |
| Return on Assets
| 5.28 | 9.29 | 5.53 | 2.75 | 7.10 |
| Debt to Equity (x)
| -- | -- | 0.39 | 0.65 | 0.65 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
--
|
2.82
|
7.30
|
6.22
|
15.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
10.23
Lower than Peers by 1.67
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
10.23
|
4.64
|
11.99
|
9.89
|
23.78
|
|
Peer Median
|
11.89
|
--
|
--
|
--
|
--
|
ROA
5.53
Lower than Peers by 0.81
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
5.53
|
2.75
|
7.10
|
5.98
|
14.75
|
|
Peer Median
|
6.35
|
--
|
--
|
--
|
--
|
EBIT Margin
35.39
Higher than Peers by 6.23
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
35.39
|
26.25
|
43.01
|
37.02
|
55.20
|
|
Peer Median
|
29.16
|
--
|
--
|
--
|
--
|
Net Margin
28.29
Higher than Peers by 4.23
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
28.29
|
13.99
|
31.65
|
27.20
|
49.34
|
|
Peer Median
|
24.05
|
--
|
--
|
--
|
--
|
Revenue Growth
10.81
Higher than Peers by 7.74
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
10.81
|
-0.10
|
0.08
|
-0.19
|
0.06
|
|
Peer Median
|
3.07
|
--
|
--
|
--
|
--
|
EBIT Growth
24.10
Higher than Peers by 24.12
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
24.10
|
-45.31
|
25.67
|
-45.46
|
0.15
|
|
Peer Median
|
-0.02
|
--
|
--
|
--
|
--
|
Net Profit Growth
62.81
Higher than Peers by 62.36
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
62.81
|
-60.40
|
25.89
|
-55.17
|
-1.03
|
|
Peer Median
|
0.46
|
--
|
--
|
--
|
--
|
EPS Growth
69.45
Higher than Peers by 69.00
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
69.45
|
-0.59
|
0.32
|
-0.52
|
0.01
|
|
Peer Median
|
0.45
|
--
|
--
|
--
|
--
|
Book Value Growth
7.39
Lower than Peers by 0.65
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
7.39
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.04
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.39
Lower than Peers by 0.08
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
0.39
|
0.65
|
0.65
|
0.64
|
0.54
|
|
Peer Median
|
0.47
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.20
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
0.20
|
0.05
|
0.07
|
0.03
|
0.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.00
Lower than Peers by 1.01
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
1.00
|
2.90
|
1.91
|
2.63
|
1.73
|
|
Peer Median
|
2.01
|
--
|
--
|
--
|
--
|
Quick Ratio
1.00
Lower than Peers by 0.92
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
1.00
|
2.63
|
1.74
|
2.33
|
1.54
|
|
Peer Median
|
1.92
|
--
|
--
|
--
|
--
|
Interest Coverage
3.81
Lower than Peers by 0.07
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
3.81
|
2.14
|
3.79
|
3.77
|
9.42
|
|
Peer Median
|
3.88
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
--
--
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
--
|
3.21
|
4.90
|
3.26
|
2.05
|
|
Peer Median
|
4.02
|
--
|
--
|
--
|
--
|
Asset Turnover
0.20
Lower than Peers by 0.06
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
0.20
|
0.20
|
0.22
|
0.22
|
0.30
|
|
Peer Median
|
0.25
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
--
|
15.85
|
14.46
|
10.55
|
8.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
--
|
35.03
|
34.39
|
37.61
|
33.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
--
|
24.06
|
22.19
|
23.17
|
26.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
--
|
26.82
|
26.66
|
24.99
|
15.50
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.62
Higher than Peers by 4.72
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
10.62
|
12.79
|
3.90
|
5.67
|
2.01
|
|
Peer Median
|
5.89
|
--
|
--
|
--
|
--
|
Price / Book Value
0.96
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
0.96
|
0.59
|
0.46
|
0.55
|
0.45
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
Dividend Yield
1.22
Lower than Peers by 1.88
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
1.22
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.10
|
--
|
--
|
--
|
--
|
EV/EBITDA
6.96
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
6.96
|
6.53
|
4.14
|
5.37
|
2.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
843
Higher than Peers by 759
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Safe Bulkers Inc ($0.001 par value) - ADR
|
843
|
--
|
--
|
--
|
--
|
|
Peer Median
|
84
|
--
|
--
|
--
|
--
|