Heidmar Maritime Holdings Corp. Common Stock (HMR)

FairStock Score: 27/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Heidmar as a Graham-style analyst: what is tangible, what is durable, and what am I paying? Heidmar is an asset-light commercial and technical manager of tanker and dry-bulk pools, with only 52 employees. That can be a decent fee business, but it is competitive and cyclical; I see no obvious wide moat from the given facts. The 2026-Q2 quarter showed revenue of $29.0M and net income of $2.2M, a 7.57% margin—profitable, but thin. The data show very high revenue growth of 202.74% and profit growth of 116.00%, yet the company has only 0 years of filed annual results, so the Lynch category is 'none' and I cannot judge a full cycle. Financial health is the bigger worry: debt-to-equity is 3.82, Altman Z-Score is 0.56, Piotroski F-Score is 3/9, and ROCE is only 1.31%, even though ROE is 15.85%, likely leverage-driven. At the 2026-10-13 close of $1.91, the FairStock P/E is 63.67 and P/B is 6.82. The Graham Number is $0.43, implying a margin of safety of -344.19%, so the price is far above asset-based value. EV/EBITDA is 9.66 and PEG is 0.55, but those depend on early growth. FairStock Score is 27/100. In sum, a small, cyclical service business with a profitable latest quarter but weak balance-sheet and valuation support.

In plain English: Heidmar manages pools of tanker and dry-bulk ships and provides commercial and technical services to vessel owners. In the 2026-Q2 quarter, it earned $2.2 million on $29.0 million of revenue, a modest profit. At $1.91 a share, the price looks expensive compared with its profits and book value, and the business carries high debt and has a very short record.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer