Capital Clean Energy Carriers Corp. (CCEC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-339.7%

-$52.41

vs $21.86 price

Levered DCF

-$66.28

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.46

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	22.93×	7.06×	6.67×	2.21×	3.13×	4.95×	10.11×	-36.58×
P/B	0.84×	0.77×	0.26×	0.42×	0.57×	0.36×	0.61×	0.31×
P/S	6.04×	2.79×	0.84×	0.88×	1.6×	1.05×	1.99×	2.01×
EV / EBITDA	15.3×	11.11×	8.85×	6.5×	12.63×	4.73×	5.32×	6.19×
Gross margin	56.0%	56.3%	48.7%	48.9%	43.3%	38.6%	37.2%	34.1%
Operating margin	52.3%	51.7%	41.8%	45.3%	38.6%	33.5%	32.7%	29.8%
Net margin	26.3%	52.0%	12.9%	41.9%	53.2%	21.6%	19.7%	-5.5%
Current ratio	1.44×	1.67×	1.2×	1.4×	0.29×	0.94×	1.02×	0.56×
Debt / equity	1.66×	1.92×	1.44×	2.06×	2.54×	0.91×	0.65×	0.34×
Interest coverage	1.26×	1.37×	1.44×	2.44×	3.54×	2.82×	2.36×	2.07×
Dividend yield	1.5%	3.3%	4.0%	4.5%	2.5%	11.3%	11.6%	19.6%
Payout ratio	35.5%	17.6%	26.3%	9.5%	7.6%	55.2%	117.1%	-713.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	3.7%	14.3%	4.0%	20.0%	19.1%	7.3%	6.1%	-0.8%
Return on invested capital	2.7%	4.8%	5.0%	6.9%	3.8%	5.9%	6.0%	2.8%
Return on assets	1.3%	4.7%	1.5%	6.3%	5.2%	3.7%	3.4%	-0.5%
Free cash flow yield	-6.0%	-93.3%	-86.3%	10.2%	-89.0%	-74.0%	19.2%	36.0%
Earnings yield	4.4%	18.7%	15.3%	47.5%	33.2%	20.6%	9.9%	-2.7%
Enterprise value	$3.3B	$3.3B	$1.8B	$1.4B	$1.6B	$474.7M	$445.3M	$535M
Net debt / EBITDA	9.67×	7.64×	7.35×	5.28×	10.27×	3.26×	2.4×	3.12×
Cash conversion cycle (days)	-11	-18	-19	3	-2	-14	-41	-9