Top Ships Inc (TOPS) Stock Analysis

$0.754

-0.033 (-4.44%)At close

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High: 0.790
Open: 0.787
VWAP: 0.76
Vol: 115.43K
Mkt Cap: 51.03M
Low: 0.741
Amount: 87.92K
EV/EBITDA, TTM: 0.00

Top Ships Inc is a Greece-based international provider of worldwide oil, petroleum products, and chemicals transportation services. The Company owns and operates eco tanker vessels focusing on the transportation of crude oil, petroleum products (clean and dirty), and bulk liquid chemicals. The Company’s fleet consists of 3 product/chemical MR2 tankers of approximately 50,000 deadweight tonnage (dwt) each, namely ECO MARINA DEL REY, ECO YOSEMITE PARK, and ECO JOSHUA PARK; 5 crude oil Suezmax tankers of approximately 157,000 dwt each, namely ECO BEL AIR, ECO BEVERLY HILLS, ECO WEST COAST, ECO MALIBU, and ECO OCEANO CA, as well as 2 crude oil VLCC tankers of approximately 300,000 dwt each, namely JULIUS CAESAR and LEGIO X EQUESTRIS.

www.topships.org

AI analysis of Top Ships Inc (TOPS)

hold

TOP Ships Inc is currently not a strong buy due to its low current price of $0.75 and an RSI of 31.271, indicating potential oversold conditions. While the forward P/E ratio of 4.8614 suggests that the stock is undervalued, the company has experienced a significant year-to-date decline of 84.09%, which raises concerns about its stability. The recent acquisition of three ECO MR tanker companies could enhance future revenue potential, but the current revenue decline of 6.6% year-over-year indicates immediate challenges. Therefore, while there are potential growth opportunities, the risks associated with the current financial performance suggest holding off on buying until clearer signs of recovery emerge.

Valuation Metrics

The current forward P/E ratio for Top Ships Inc (TOPS) is 4.86, compared to its 5-year average forward P/E of 17.34.

Forward P/E

Fair

5Y Average P/E

17.34

Current P/E

4.86

Overvalued

162.10

Undervalued

-127.42

Forward EV/EBITDA

Strongly Undervalued

5Y Average EV/EBITDA

5.62

Current EV/EBITDA

0.00

Overvalued

6.90

Undervalued

4.34

Forward P/S

Undervalued

5Y Average P/S

0.37

Current P/S

0.00

Overvalued

0.58

Undervalued

0.17

Alphio AI Price Scenarios for TOPS

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

Bull

Bull · 25%TOPS

$6.49

Scenario price

Base

Base · 50%TOPS

$5.56

Scenario price

Bear

Bear · 25%TOPS

$4.60

Scenario price

Events Timeline

2026-07-29 (ET)