C3is (CISS)
Market Price (10/31/2025): $2.12 | Market Cap: $1.7 MilSector: Industrials | Industry: Marine Transportation
C3is (CISS)
Market Price (10/31/2025): $2.12Market Cap: $1.7 MilSector: IndustrialsIndustry: Marine Transportation
Investment Highlights
Why It Matters
Which of these 2 stories sounds closer for this stock?
1. Generates cash flow
The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.
2. Riding a trend
Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 466%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 462%, FCF Yield is 380% | Weak multi-year price returns2Y Excs Rtn is -165% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -21%, Rev Chg QQuarterly Revenue Change % is -0.8% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -132% | Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 336% | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% | High stock price volatilityVol 12M is 588% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 466%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 462%, FCF Yield is 380% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -132% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Weak multi-year price returns2Y Excs Rtn is -165% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -21%, Rev Chg QQuarterly Revenue Change % is -0.8% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 336% |
| High stock price volatilityVol 12M is 588% |
Market Valuation & Key Metrics
CISS Stock
Return vs. Risk
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CISS Return | - | - | - | - | -99% | -75% | -100% |
| Peers Return | 0% | 53% | 7% | 10% | 117% | -4% | 275% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 16% | 110% |
Monthly Win Rates [3] | |||||||
| CISS Win Rate | - | - | - | 33% | 17% | 11% | |
| Peers Win Rate | 28% | 37% | 42% | 43% | 42% | 59% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 67% | |
Max Drawdowns [4] | |||||||
| CISS Max Drawdown | - | - | - | - | -99% | -94% | |
| Peers Max Drawdown | -34% | -1% | -10% | -17% | -18% | -31% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: GSL, GNK, PANL, CMDB, HTCO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)
How Low Can It Go
CISS has limited trading history. Below is the Industrials sector ETF (XLI) in its place.
| Event | XLI | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -22.6% | -25.4% |
| % Gain to Breakeven | 29.2% | 34.1% |
| Time to Breakeven | 273 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -42.8% | -33.9% |
| % Gain to Breakeven | 74.8% | 51.3% |
| Time to Breakeven | 232 days | 148 days |
| 2018 Correction | ||
| % Loss | -24.6% | -19.8% |
| % Gain to Breakeven | 32.6% | 24.7% |
| Time to Breakeven | 312 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -63.3% | -56.8% |
| % Gain to Breakeven | 172.8% | 131.3% |
| Time to Breakeven | 1463 days | 1480 days |
Compare to
In The Past
SPDR Select Sector Fund's stock fell -22.6% during the 2022 Inflation Shock from a high on 1/4/2022. A -22.6% loss requires a 29.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth over time.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
Latest Trefis Analyses
| Title | Topic | |
|---|---|---|
| DASHBOARDS | ||
| With C3is Stock Down 16% In A Week, How Confident Are You? | Return |
Trade Ideas
Select past ideas related to CISS. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 09302025 | FCN | FTI Consulting | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 4.4% | 4.4% | -6.2% |
| 09122025 | ODFL | Old Dominion Freight Line | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -6.0% | -6.0% | -7.3% |
| 08312025 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -12.9% | -12.9% | -12.9% |
| 08312025 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.2% | -7.2% | -7.2% |
| 08312025 | BWXT | BWX Technologies | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 31.9% | 31.9% | -1.2% |
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 09302025 | FCN | FTI Consulting | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 4.4% | 4.4% | -6.2% |
| 09122025 | ODFL | Old Dominion Freight Line | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -6.0% | -6.0% | -7.3% |
| 08312025 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -12.9% | -12.9% | -12.9% |
| 08312025 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -7.2% | -7.2% | -7.2% |
| 08312025 | BWXT | BWX Technologies | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | 31.9% | 31.9% | -1.2% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons for C3is
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 11.54 |
| Mkt Cap | 0.5 |
| Rev LTM | 465 |
| Op Inc LTM | 29 |
| FCF LTM | 9 |
| FCF 3Y Avg | 39 |
| CFO LTM | 66 |
| CFO 3Y Avg | 85 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | -6.6% |
| Rev Chg 3Y Avg | -9.1% |
| Rev Chg Q | 3.9% |
| QoQ Delta Rev Chg LTM | 0.9% |
| Op Mgn LTM | 8.4% |
| Op Mgn 3Y Avg | 19.3% |
| QoQ Delta Op Mgn LTM | -3.2% |
| CFO/Rev LTM | 19.3% |
| CFO/Rev 3Y Avg | 29.7% |
| FCF/Rev LTM | 10.5% |
| FCF/Rev 3Y Avg | 8.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.5 |
| P/S | 1.0 |
| P/EBIT | 5.8 |
| P/E | 19.1 |
| P/CFO | 3.9 |
| Total Yield | 25.7% |
| Dividend Yield | 6.1% |
| FCF Yield 3Y Avg | 8.0% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -2.1% |
| 3M Rtn | 7.7% |
| 6M Rtn | 21.2% |
| 12M Rtn | -18.7% |
| 3Y Rtn | 57.4% |
| 1M Excs Rtn | -4.0% |
| 3M Excs Rtn | -0.5% |
| 6M Excs Rtn | -0.5% |
| 12M Excs Rtn | -34.0% |
| 3Y Excs Rtn | -27.8% |
Returns Analyses
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 6302025 | 9022025 | 6-K 6/30/2025 |
| 3312025 | 5162025 | 6-K 3/31/2025 |
| 12312024 | 4282025 | 20-F 12/31/2024 |
| 9302024 | 11192024 | 6-K 9/30/2024 |
| 6302024 | 8232024 | 6-K 6/30/2024 |
| 3312024 | 5282024 | 6-K 3/31/2024 |
| 12312023 | 4302024 | 20-F 12/31/2023 |
| 6302023 | 9082023 | 6-K 6/30/2023 |
| 3312023 | 7032023 | 424B4 3/31/2023 |
| 12312022 | 6122023 | 424B1 12/31/2022 |
| 6302022 | 1252023 | DRS/A 6/30/2022 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |