Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Clarkson PLC, trading as Clarksons, is the world's leading provider of integrated shipping services and a FTSE 250 constituent headquartered in London. Founded in 1852 by Horace Anderton Clarkson, the company has evolved from chartering sailing ships to becoming the undisputed heavyweight in shipbroking, arranging contracts between shippers and carriers for voyages, charters, newbuilds, sales, purchases, and scrapping, earning commissions typically at 1-1.25% of transaction values. Its operations span four key divisions: Broking (80% of revenues), facilitating deals in major global markets through 60 offices in 24 countries; Financial (6%), offering investment banking, M&A, and asset finance to maritime sectors; Support (10%), providing port agency, logistics, and supplies; and Research (4%), delivering authoritative data on 140,000 vessels and shipping markets via subscription intelligence. With over 2,100 employees, Clarkson PLC supports natural resource producers and traders, drives green transition advisory, and leverages technology for efficiency amid geopolitical and environmental challenges, solidifying its pivotal role in global maritime commerce.
£44.74
+£0.52 (+1.18%)
EOD Jul 3, 2026
12.20% operating margin is respectable but not wide. ROIC at 10.58%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 4.5% YoY. Margins deteriorated 3.1pp alongside, both lines moving the wrong way.
Free cash flow declined 47% versus the prior year, cash generation momentum has weakened. ROIC dropped from 15.03% to 10.58%, capital efficiency is deteriorating.
20.6x earnings, 24.1x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
£631M
▼ -4.5% YoY
Net Income (TTM)
£67M
▼ -22.8% YoY
Op. Margin
12.20%
▼ -3.1pp YoY
ROIC
10.58%
▼ -4.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
£57M
▼ -46.9% YoY
Op. Cash Flow (TTM)
£61M
▼ -46.9% YoY
Net Debt
-£414M
Net Cash Position
Cash & Equiv.
£470M
3Y CAGR: +1.5%
3Y CAGR: -30.4%
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At a P/E of 20.6 and a price-to-free-cash-flow of 24.1, Clarkson (CKN.XLON) trades around a two-stage DCF intrinsic value of about £45.65 per share, so at £44.74 the stock looks around fair value (2.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Clarkson scores 42/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about £45.65 per share for CKN.XLON, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around £34.24. At today's £44.74, that puts the stock about 2.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Clarkson scores 42 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 12.2% operating margin and a 10.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Clarkson pays a regular dividend of about £1.07 per share per year (typically in quarterly installments), a yield of roughly 2.4% at the current price. That is a payout ratio of about 49.5% of earnings, so the dividend is well covered. Clarkson has grown the dividend at roughly 7.8% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For CKN.XLON's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. CKN.XLON currently trades around its estimated intrinsic value and scores 42/100 on quality (mixed). It also yields about 2.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.