Marine Shipping Stocks — Fair Value & Margin of Safety
Equity Rank covers 21 Marine Shipping companies; 21 have a published model fair value, and 20 of those (95%) trade below the model estimate. The median model fair value sits 33.5% above the current price, under these model assumptions. Data as of 2026-10-22.
Source: Equity Rank — Marine Shipping stocks. Model fair value is a multi-method blend (DCF, Graham Number, earnings power, sector multiples and more), recomputed after each U.S. market close.
Marine Shipping stocks furthest below the model estimate
Among companies valued by at least five methods. A wide gap can also mean the models are missing something.
SHIP — Seanergy Maritime Holdings Corp: model fair value $26.29 vs. price $15.35, a model fair value differential of 71.3% above the current price (as of 2026-10-22)
ASC — Ardmore Shpng: model fair value $30.89 vs. price $19.34, a model fair value differential of 59.8% above the current price (as of 2026-10-22)
NMM — Navios Maritime Partners LP Unit: model fair value $139.88 vs. price $88.28, a model fair value differential of 58.5% above the current price (as of 2026-10-22)
GASS — StealthGas Inc: model fair value $12.81 vs. price $8.11, a model fair value differential of 58.0% above the current price (as of 2026-10-22)
HAFN — Hafnia Limited: model fair value $15.24 vs. price $10.33, a model fair value differential of 47.5% above the current price (as of 2026-10-22)
DAC — Danaos Corporation: model fair value $230.90 vs. price $157.81, a model fair value differential of 46.3% above the current price (as of 2026-10-22)
CMRE — Costamare Inc: model fair value $20.45 vs. price $14.15, a model fair value differential of 44.5% above the current price (as of 2026-10-22)
ECO — Okeanis Eco Tankers Corp.: model fair value $123.92 vs. price $90.05, a model fair value differential of 37.6% above the current price (as of 2026-10-22)
GSL — Global Ship Lease Inc: model fair value $55.13 vs. price $41.30, a model fair value differential of 33.5% above the current price (as of 2026-10-22)
SBLK — Star Bulk Carriers Corp.: model fair value $38.14 vs. price $28.65, a model fair value differential of 33.1% above the current price (as of 2026-10-22)
Largest companies first. Gap = model fair value differential versus the current price; positive means the price sits below the model estimate. “Not published” means the models lacked reliable data.