Pangaea Logistics Solutions (PANL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Pangaea Logistics Solutions

NasdaqCM•Industrials•Marine Shipping

$8.31-0.24(-0.03%)Pre-market

Market Cap

$541.58M

P/E

11.4x

P/S

0.8x

P/B

1.2x

Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services. The company also provides cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of 7 vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.

How this company scores

GoodMetricSide Score: 78/100

Strongest: Growth (22/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability19/25

Growth22/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality21/25

Strengths

Growing revenueRising earningsCash-backed earningsProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 11.4x5y range 2.4x – 34.1x

Currently above its 20-quarter median.

P/S · 0.8x5y range 0.2x – 0.8x

Currently above its 20-quarter median.

P/B · 1.2x5y range 0.6x – 1.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $541.58M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $710.25M
Q. Revenue: $187.12M
TTM EBITDA: $112.44M
TTM Op. Income: $66.17M
Q. Op. Income: $21.34M
TTM Net Income: $47.59M
Q. Net Income: $10.20M
EPS: $0.16
Shares Out.: $64.40M

$710.25M in TTM revenue grew 22.5% YoY, reaching $187.12M last quarter. TTM EBITDA of $112.44M and TTM operating income of $66.17M show growth is flowing through to the bottom line. TTM net income of $47.59M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 18.1%
Op. Margin: 11.4%
Net Margin: 5.5%

Op. margin of 11.4% is up 9.1% YoY — cost efficiency is improving. Net margin at 5.5% Over the past year, operating margin is up 389% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 11.4x
P/S Ratio: 0.8x
P/B Ratio: 1.2x

At 11.4x P/E, the stock trades below typical market levels. P/S of 0.8x and P/B of 1.2x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $956.68M
Cash: $105.67M
Long-Term Debt: $235.64M
Book Value: $448.63M
D/E Ratio: 0.5
Debt/EBITDA: 7.0

With $956.68M in assets and $235.64M in long-term debt, D/E is 0.5and book value is $448.63M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 11% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $21.38M
TTM Free Cash Flow: $60.22M
FCF Margin: 8.5%
FCF / Net Income: 1.3

TTM FCF of $60.22M on $21.38M in operating cash flow. The FCF / Net Income ratio of 1.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 5 consecutive quarters — an improving trend.