Tearsheet

High-Trend International (HTCO)


Market Price (10/31/2025): $10.1 | Market Cap: $-
Sector: Industrials | Industry: Marine Transportation

High-Trend International (HTCO)


Market Price (10/31/2025): $10.1
Market Cap: $-
Sector: Industrials
Industry: 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


0  Weak multi-year price returns
2Y Excs Rtn is -99%
High stock price volatility
Vol 12M is 2282%
0 Weak multi-year price returns
2Y Excs Rtn is -99%
1 High stock price volatility
Vol 12M is 2282%

Market Valuation & Key Metrics

HTCO Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
HTCO Return----63%608%-88%-72%
Peers Return0%53%7%10%117%-4%275%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
HTCO Win Rate-- 33%75%44% 
Peers Win Rate28%37%42%43%42%59% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
HTCO Max Drawdown----64%-40%-100% 
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

Unique KeyEventHTCOS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-90.5%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven957.0%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven778 days464 days

Compare to GSL, GNK, PANL, CMDB, HTCO


In The Past

High-Trend International's stock fell -90.5% during the 2022 Inflation Shock from a high on 12/19/2022. A -90.5% loss requires a 957.0% 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.

About High-Trend International (HTCO)

Trade Ideas

Select past ideas related to HTCO. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FCN_9302025_Dip_Buyer_ValueBuy09302025FCNFTI ConsultingDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.4%4.4%-6.2%
ODFL_9122025_Monopoly_xInd_xCD_Getting_Cheaper09122025ODFLOld Dominion Freight LineMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-6.0%-6.0%-7.3%
EFX_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025EFXEquifaxMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-12.9%-12.9%-12.9%
UHAL_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-7.2%-7.2%-7.2%
BWXT_8312025_Quality_Momentum_RoomToRun_10%08312025BWXTBWX TechnologiesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
31.9%31.9%-1.2%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FCN_9302025_Dip_Buyer_ValueBuy09302025FCNFTI ConsultingDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
4.4%4.4%-6.2%
ODFL_9122025_Monopoly_xInd_xCD_Getting_Cheaper09122025ODFLOld Dominion Freight LineMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-6.0%-6.0%-7.3%
EFX_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025EFXEquifaxMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-12.9%-12.9%-12.9%
UHAL_8312025_Monopoly_xInd_xCD_Getting_Cheaper08312025UHALU-HaulMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
-7.2%-7.2%-7.2%
BWXT_8312025_Quality_Momentum_RoomToRun_10%08312025BWXTBWX TechnologiesQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
31.9%31.9%-1.2%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for High-Trend International

Financials

HTCOGSLGNKPANLCMDBMedian
NameHigh-Tre.Global S.Genco Sh.Pangaea .Costamar. 
Mkt Price10.3030.6616.724.8812.7912.79
Mkt Cap-1.10.70.3-0.7
Rev LTM-730351580-580
Op Inc LTM-3812236-36
FCF LTM-14112-4-12
FCF 3Y Avg-2435126-51
CFO LTM-4467458-74
CFO 3Y Avg-40810665-106

Growth & Margins

HTCOGSLGNKPANLCMDBMedian
NameHigh-Tre.Global S.Genco Sh.Pangaea .Costamar. 
Rev Chg LTM-4.0%-17.2%15.1%-4.0%
Rev Chg 3Y Avg-11.2%-16.5%-9.1%--9.1%
Rev Chg Q-8.7%-24.4%19.2%-8.7%
QoQ Delta Rev Chg LTM-2.1%-6.9%4.5%-2.1%
Op Mgn LTM-52.2%6.3%6.3%-6.3%
Op Mgn 3Y Avg-53.0%13.8%9.3%-13.8%
QoQ Delta Op Mgn LTM--0.2%-5.5%-1.0%--1.0%
CFO/Rev LTM-61.1%21.1%10.0%-21.1%
CFO/Rev 3Y Avg-59.1%25.6%12.0%-25.6%
FCF/Rev LTM-19.4%3.5%-0.7%-3.5%
FCF/Rev 3Y Avg-35.5%11.7%5.1%-11.7%

Valuation

HTCOGSLGNKPANLCMDBMedian
NameHigh-Tre.Global S.Genco Sh.Pangaea .Costamar. 
Mkt Cap-1.10.70.3-0.7
P/S-1.52.10.5-1.5
P/EBIT-2.527.79.1-9.1
P/E-2.847.035.4-35.4
P/CFO-2.49.85.4-5.4
Total Yield-42.1%9.2%9.0%-9.2%
Dividend Yield-6.1%7.1%6.2%-6.2%
FCF Yield 3Y Avg-27.8%8.1%7.9%-8.1%
D/E-0.70.10.4-0.4
Net D/E-0.30.10.2-0.2

Returns

HTCOGSLGNKPANLCMDBMedian
NameHigh-Tre.Global S.Genco Sh.Pangaea .Costamar. 
1M Rtn37.5%-0.1%-6.1%-3.9%-11.0%-3.9%
3M Rtn27.9%9.4%5.9%1.2%42.1%9.4%
6M Rtn-67.0%47.9%27.7%21.2%-24.5%
12M Rtn-60.0%42.7%14.0%-18.7%--2.3%
3Y Rtn-125.7%57.4%21.0%-57.4%
1M Excs Rtn35.7%-1.7%-7.9%-4.8%-11.9%-4.8%
3M Excs Rtn3,010.9%1.1%-2.7%-2.0%29.7%1.1%
6M Excs Rtn-88.8%26.2%6.0%-0.5%-2.7%
12M Excs Rtn-76.6%22.6%-3.1%-34.0%--18.6%
3Y Excs Rtn-34.8%-27.8%-62.8%--27.8%

Financials

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity31,621
Short Interest: % Change Since 9302025-31.8%
Average Daily Volume29,609
Days-to-Cover Short Interest1.07

SEC Filings

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Report DateFiling DateFiling
430202580820256-K 4/30/2025
10312024227202520-F 10/31/2024
4302024103120246-K 4/30/2024
10312023909202420-F 10/31/2023
4302023103020246-K 4/30/2023
10312022828202320-F 10/31/2022
1031202111092022424B3 10/31/2021

Insider Activity

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