United Maritime Corp.
United Maritime Corp. is a Greece-based international shipping company that provides seaborne transportation services worldwide. The company focuses on the carriage of dry bulk commodities through a fleet of modern vessels, including Capesize, Kamsarmax, and Panamax ships. These vessels are used to transport cargoes such as raw materials and industrial bulk goods across major global trade routes. United Maritime Corp. serves charterers and counterparties involved in the maritime logistics chain, supporting the movement of goods that are essential to commodities, manufacturing, and energy-related supply networks. The company’s business is centered on vessel ownership and operation, making it a specialized participant in the marine shipping market. Based in Glyfada, Greece, United Maritime Corp. operates within the broader transportation sector and is positioned as a dedicated dry bulk shipping platform.
$2.52
-$0.02 (-0.79%)
EOD Oct 16, 2026
The business is unprofitable at the operating level (-0.23% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 16.8% YoY. Margins deteriorated 9.5pp alongside, both lines moving the wrong way.
Free cash flow declined 52% versus the prior year, cash generation momentum has weakened. ROIC dropped from 2.09% to -0.05%, capital efficiency is deteriorating.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$35M
▼ -16.8% YoY
Net Income (TTM)
-$2M
▼ -83.7% YoY
Op. Margin
8.99%
▼ -9.5pp YoY
ROIC
-0.05%
▼ -2.1pp YoY
Cash Flow & Balance Sheet
FCF (FY)
$1M
▼ -51.7% YoY
Op. Cash Flow (FY)
$2M
▼ -64.0% YoY
Net Debt
$51M
Cash & Equiv.
$14M
3Y CAGR: +18.4%
Continue Research
Is United Maritime (USEA) overvalued?
United Maritime (USEA) trades above a two-stage DCF intrinsic value of about $-2.69 per share, so at $2.52 the stock looks overvalued (206.8% above 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, United Maritime scores 29/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 12.2%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is United Maritime's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $-2.69 per share for USEA, 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 $-2.02. At today's $2.52, that puts the stock about 206.8% above 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.
Is United Maritime a high-quality business?+
United Maritime scores 29 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 9.0% operating margin and a -0.0% 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 company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does United Maritime (USEA) pay a dividend, and how much?+
Yes, United Maritime pays a regular dividend of about $0.31 per share per year (typically in quarterly installments), a yield of roughly 12.2% at the current price. 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 USEA's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is United Maritime a good stock to buy right now?+
That depends on valuation and quality together, not either alone. USEA currently trades above its estimated intrinsic value and scores 29/100 on quality (lower-quality). It also yields about 12.2%. 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 company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.