CMBT

Industrials

Cmb.Tech N.V. · Marine Shipping · $4B

UQS Score — Balanced Preset
57.9
Good

Cmb.Tech N.V. scores 57.9/100 using the Balanced preset.

UQS vs Industrials Sector
CMBT
57.9
Sector avg
42.4
Quality
Neutral
Moat
Weak
Growth
Strong
Risk
Neutral
Valuation
Attractive

What is Cmb.Tech N.V.?

Cmb.Tech N.V. is an Antwerp-based marine transportation and green energy company operating a large fleet of vessels alongside emerging hydrogen and ammonia infrastructure businesses. Formerly known as Euronav NV, the company rebranded in October 2024 to reflect its expanding clean-energy ambitions.

Cmb.Tech generates revenue primarily through its Marine division, which owns and operates a diverse fleet spanning crude oil tankers, bulk carriers, container ships, chemical carriers, offshore wind supply vessels, tugboats, and ferries. Beyond conventional shipping, the company is building out an H2 Infra division focused on producing and distributing green hydrogen and ammonia, and an H2 Industry division offering dual-fuel industrial applications — positioning the business at the intersection of traditional maritime logistics and the energy transition.

Incorporated in 2003 and headquartered in Antwerp, Belgium, Cmb.Tech operates as a subsidiary of CMB NV.

  • Crude oil tanker and bulk carrier fleet operations
  • Offshore wind supply vessels and specialized marine services
  • Green hydrogen and ammonia production and distribution
  • Dual-fuel industrial applications via H2 Industry division
  • Tugboat and ferry services

Is CMBT a Good Stock to Buy?

UQS Score rates CMBT as Good overall, reflecting a balanced but evolving profile across the five quality pillars.

The Growth pillar stands out as a relative strength, supported by the company's expansion into green hydrogen infrastructure alongside a large conventional fleet. Valuation is rated Attractive, suggesting the market may not yet be fully pricing in the company's diversified business model and energy-transition upside.

The Moat pillar registers as Weak, which is typical for capital-intensive shipping businesses where pricing power and switching costs are limited. Quality and Risk both sit at Neutral, indicating areas worth monitoring as the hydrogen divisions scale.

See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →

Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.

Does CMBT pay dividends?

Yes — Cmb.Tech N.V. pays a dividend.

Cmb.Tech pays a regular dividend, a common feature among established shipping companies that generate meaningful cash flows from fleet operations. The dividend reflects the Marine division's ability to return capital to shareholders even as the company invests in longer-term hydrogen infrastructure. Investors should review the company's investor relations page for the current yield and payment schedule.

When does CMBT report earnings?

Cmb.Tech reports earnings on a quarterly cadence, consistent with standard practice for internationally listed industrial companies.

The company's results are shaped by shipping rate cycles in the Marine division alongside early-stage investment spending in its hydrogen businesses. Revenue trends reflect both fleet utilization and the capital-intensive nature of building out green energy infrastructure.

For the most recent quarter's results and guidance, visit Cmb.Tech's official investor relations page.

CMBT Price History

+133.1% over 5Y

Monthly close, adjusted for stock splits and dividend reinvestment.

Return Calculator

What if I invested in Cmb.Tech N.V.?

$
Today it would be worth
$26,967
That's a +170% total return, or +21.9% annualized.

Based on Cmb.Tech N.V.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.

CMBT Long-term Outlook

The UQS Growth pillar rating suggests Cmb.Tech has identifiable expansion drivers, particularly as its H2 Infra and H2 Industry divisions move from development toward commercialization. The Attractive Valuation label indicates the stock may offer a reasonable entry point relative to its fundamental profile. However, the Weak Moat and Neutral Risk ratings serve as reminders that shipping markets are cyclical and the hydrogen buildout carries execution uncertainty.

Growth drivers

  • Scaling green hydrogen and ammonia production through the H2 Infra division
  • Fleet diversification across offshore wind supply and specialized vessels
  • Growing industrial demand for dual-fuel applications via H2 Industry

Key risks

  • Shipping rate volatility affecting Marine division revenue
  • Execution risk in early-stage hydrogen infrastructure projects
  • Capital intensity of fleet ownership and green energy buildout

CMBT vs Peers

Cmb.Tech competes in the broader marine transportation sector alongside several specialized shipping operators.

BWLPCMBT scores higher
BW LPG Limited

BW LPG focuses specifically on liquefied petroleum gas tankers, making it a more narrowly specialized carrier compared to Cmb.Tech's diversified fleet and energy-transition ambitions.

SBLKCMBT scores higher
Star Bulk Carriers Corp.

Star Bulk concentrates on dry bulk shipping and has pursued its own decarbonization initiatives, but lacks Cmb.Tech's integrated hydrogen infrastructure divisions.

ZIMCMBT scores higher
ZIM Integrated Shipping Services Ltd.

ZIM operates primarily in container shipping with an asset-light model, contrasting with Cmb.Tech's owned-fleet approach and its dual focus on conventional and green energy logistics.

Frequently Asked Questions

What does Cmb.Tech N.V. do?

Cmb.Tech N.V. is a marine transportation and green energy company. Its Marine division operates a large fleet including crude oil tankers, bulk carriers, container ships, and offshore wind supply vessels. Its H2 Infra and H2 Industry divisions focus on producing and distributing green hydrogen and ammonia and providing dual-fuel industrial solutions.

Does CMBT pay dividends?

Yes, Cmb.Tech pays a regular dividend. The Marine division's cash generation supports shareholder returns even as the company invests in hydrogen infrastructure. For the current dividend amount and schedule, check the company's investor relations page directly.

When does CMBT report earnings?

Cmb.Tech reports earnings on a quarterly cadence, standard for internationally listed industrial companies. For exact reporting dates and the most recent results, visit Cmb.Tech's investor relations page.

Is CMBT a good stock to buy?

UQS Score rates CMBT as Good overall. The Growth pillar is a relative strength and Valuation is rated Attractive, while the Moat pillar is Weak — reflecting the competitive nature of shipping markets. The full pillar breakdown is available to UQS Pro members.

Is CMBT overvalued?

The UQS Valuation pillar for CMBT is rated Attractive, suggesting the stock is not considered overvalued relative to its fundamental profile at the time of scoring. Valuation assessments can shift with shipping cycles and hydrogen division progress, so ongoing monitoring is worthwhile.

How does CMBT compare to its competitors?

Unlike peers such as BW LPG or Star Bulk, which focus on specific cargo types, Cmb.Tech operates a broadly diversified fleet and is actively building hydrogen and ammonia infrastructure businesses. This dual-track model differentiates it but also introduces more execution complexity than pure-play shipping operators.

What is CMBT's market cap bracket?

Cmb.Tech is classified as a mid-cap company. This places it in a range where institutional coverage exists but the stock may receive less attention than large-cap shipping peers, potentially contributing to the Attractive Valuation rating.

Who founded Cmb.Tech N.V.?

The company was incorporated in 2003 and is a subsidiary of CMB NV, a Belgian shipping group with deep roots in maritime transportation. Founding leadership details are widely available through the company's official corporate history.

Is CMBT a long-term quality indicator?

As a long-term quality indicator, CMBT's Good UQS Score reflects a business with identifiable growth drivers and an Attractive Valuation, tempered by a Weak Moat and the cyclical nature of shipping. Investors focused on the energy transition may find the hydrogen divisions relevant to a longer-term thesis.

What is the main competitive advantage of Cmb.Tech?

Cmb.Tech's differentiation lies in its combination of a large, diversified conventional fleet and early-mover positioning in green hydrogen and ammonia infrastructure. However, the UQS Moat pillar is rated Weak, reflecting that shipping markets generally offer limited structural pricing advantages.

What sector does CMBT belong to?

CMBT is classified in the Industrials sector, specifically within marine transportation. Its emerging hydrogen divisions add an energy-transition dimension that may attract investors looking at the intersection of shipping and decarbonization.

Is CMBT a growth stock or value stock?

CMBT shows characteristics of both. The UQS Growth pillar is rated Good, pointing to expansion potential in hydrogen infrastructure and fleet diversification. The Valuation pillar is rated Attractive, suggesting value-oriented appeal. It does not fit neatly into one category.

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Pro Analysis

CMBT — Score History

4550556065Apr 2Apr 12Apr 22May 2May 12May 22May 24v5
Score changes· 30/31 most recent
DateUQSQualityMoatGrowthRiskValueChange
May 23, 202657.855.328.081.146.692.10.0
May 22, 202657.855.328.081.246.691.5+1.0
May 21, 202656.855.328.080.946.685.4-0.3
May 20, 202657.155.328.081.646.686.7-0.1
May 19, 202657.255.328.080.346.688.80.0
May 18, 202657.255.328.080.346.689.1-0.2
May 16, 202657.455.328.081.046.689.2+0.1
May 15, 202657.355.328.082.046.687.40.0
May 14, 202657.355.328.082.046.687.2+0.4
May 13, 202656.955.328.080.746.686.6-0.1

CMBT — Pillar Breakdown

Quality

55.3/100 (25%)

Cmb.Tech N.V. shows solid profitability with healthy returns on capital and reasonable margins.

Capital Efficiency (ROIC)Weak

How effectively capital is deployed to generate returns.

Return on EquityStrong

Profitability relative to shareholders' equity.

Operating ProfitabilityStrong

Ability to convert revenue into operating profit.

Net ProfitabilityStrong

Bottom-line profit as a share of revenue.

Gross Profit / AssetsWeak

Asset productivity — how much gross profit each dollar of assets generates.

Cash GenerationWeak

Free cash flow relative to market value.

Growth

81.1/100 (20%)

Cmb.Tech N.V. is growing rapidly with strong revenue and earnings expansion.

Recent Revenue TrendStrong

Revenue trajectory over the last twelve months.

3Y Revenue CAGRStrong

Compound annual revenue growth rate over 3 years.

EPS GrowthWeak

Year-over-year earnings per share growth.

Forward Revenue OutlookStrong

Analyst consensus for future revenue growth.

Forward EPS GrowthStrong

Analyst consensus for future earnings growth.

Risk

46.6/100 (15%)

Cmb.Tech N.V. has some risk factors including moderate leverage or solvency concerns.

Financial LeverageModerate

Debt levels relative to earnings capacity.

Debt/EquityStrong

Total debt relative to shareholder equity.

Current RatioWeak

Short-term liquidity — ability to pay near-term obligations.

Interest CoverageWeak

Earnings capacity relative to interest payments.

Valuation

92.2/100 (15%)

Cmb.Tech N.V. appears attractively valued relative to its earnings, cash flows, and sector peers.

Earnings YieldStrong

Inverse of forward P/E — higher yield means cheaper stock.

PEG RatioStrong

P/E relative to earnings growth — lower is more attractive.

EV/EBITDA vs SectorStrong

Enterprise value multiple relative to sector median.

Moat

28/100 (25%)

Cmb.Tech N.V. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for CMBT.

Score Composition

Quality
55.3×25%13.8
Growth
81.1×20%16.2
Risk
46.6×15%7.0
Valuation
92.2×15%13.8
Moat
28.0×25%7.0
Total
57.9Good

Financial Data

More Stock Analysis

How is the CMBT UQS Score Calculated?

The UQS (Unified Quality Score) for Cmb.Tech N.V. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.

Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.

Moat (25%) assesses Cmb.Tech N.V.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.

Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.

Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.

Valuation (15%) measures whether Cmb.Tech N.V. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.

Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.