BlueYield AB SHIP

NGM | Finance | Maritime investments
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Updated: 27 Sep 2026 Base analysis: 5 Aug 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Partly clear

Existing position may be retained for the dividend and NAV discount.

Profitable operations, a strong balance sheet and dividend potential support the HOLD signal while growth remains limited.

Market sentiment Positive ↑
Trend: Improving

The market reacts positively to the dividend announcement and improved profitability, with increased optimism among investors.

Risk assessment Medium
Dilution: Low Stable share count and profitable operations
Jurisdiction: Low Swedish company with global assets
Execution: Medium Young company with active portfolio rotation

HOLD is the call. Positive is the market mood. Medium risk means some things can go wrong.

Latest change
  • 28 Aug 2026 — The report shows profitability and NAV growth that drive positive market view after release.
About the company

BlueYield AB is a Swedish investment company that acquires, owns and divests maritime assets. The company holds a diversified portfolio of stakes in over 40 vessels across tanker, container, dry bulk, MPP, PSV and offshore segments. Revenue is generated through dividends and changes in vessel values.

Sector: Maritime investments
Type: Finance
Next report (Q3)
26 Nov 2026
Catalysts
●
26 Nov 2026
Q3 report Medium
◦
Date TBA
Extraordinary general meeting
Bull case

Strong NAV growth and high dividends can drive the share price toward net asset value.

Bear case

Low liquidity and cyclical shipping markets may limit upside.

Sensitivity analysis
Factor If it weakens If it strengthens
Freight markets Weaker freight rates → lower cash flows and NAV growth. Stronger freight rates → higher dividend capacity and NAV.
Vessel values Declining second-hand prices → lower net asset value. Rising second-hand prices → higher NAV per share.
Why this signal

Profitable operations, a strong balance sheet and dividend potential support the HOLD signal while growth remains limited.

Recent news
  • No new press releases or company-specific events have been published after the Q2 report on 27 August 2026. The board's plan for an extraordinary dividend of at least SEK 5.50 per share remains ahead of an extraordinary general meeting before year-end.

Key figures

Revenue
Q2 2026
SEK 18.3M
Revenue TTM
H1 2026
SEK 39.7M
EBITDA
Q1 2026
SEK 20.3M
Net income
Q2 2026
SEK 17.6M
Cash
as_of
SEK 43.4M
Total debt
Q2 2026
SEK 0.0M
Shares outstanding
Q2 2026
RAW 3.2M
EPS
Q2 2026
SEK 5.50
Exchange
NGM
Type
Finance
Sector
Maritime investments
BlueYield AB SHIP
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Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.