Maersk stock is down 55 % compared to peak at the beginning of 2022 (driven by record profits during the pandemic).
The company estimates that this year's cash flow will be around 3 billion (so much lower than in 2021-2022), however this would make free cash flow yield to be over 10 %. The tangible book value is 53 billion compared to market cap of around 26 billion.
It looks good on paper but I know this is a voltaile stock and I'm not sure if it already reached the bottom. Some analysts at WSJ forecast company making a small loss in the next year so I wonder if it's better to wait a while.
What do you think?
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