GENCO SHIPPING & TRADING LTD (GNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GNK - MHY2685T1313 - Common Stock
18.44 USD
+0.01 (+0.05%)
18.44 USD
0 (0%)
Taking everything into account, GNK scores 3 out of 10 in our fundamental rating. GNK was compared to 35 industry peers in the Marine Transportation industry. GNK scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. GNK has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
GNK had negative earnings in the past year.
GNK had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GNK reported negative net income in multiple years.
GNK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -0.64%, GNK is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -0.80%, GNK is doing worse than 60.00% of the companies in the same industry.
GNK has a worse Return On Invested Capital (0.29%) than 62.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GNK is in line with the industry average of 7.41%.
The 3 year average ROIC (6.73%) for GNK is well above the current ROIC(0.29%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.64% | ||
| ROE | -0.8% | ||
| ROIC | 0.29% |
ROA(3y)6.54%
ROA(5y)3.29%
ROE(3y)7.74%
ROE(5y)2.56%
ROIC(3y)6.73%
ROIC(5y)6.81%
1.3 Margins
In the last couple of years the Profit Margin of GNK has declined.
The Operating Margin of GNK (1.18%) is worse than 65.71% of its industry peers.
GNK's Operating Margin has declined in the last couple of years.
GNK's Gross Margin of 34.02% is in line compared to the rest of the industry. GNK outperforms 45.71% of its industry peers.
GNK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.18% | ||
| PM (TTM) | N/A | ||
| GM | 34.02% |
OM growth 3Y-20.17%
OM growth 5YN/A
PM growth 3Y-18.42%
PM growth 5YN/A
GM growth 3Y-5.33%
GM growth 5Y10.39%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GNK is destroying value.
Compared to 1 year ago, GNK has more shares outstanding
Compared to 5 years ago, GNK has more shares outstanding
GNK has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.81 indicates that GNK is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of GNK (1.81) is better than 65.71% of its industry peers.
GNK has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.18, GNK is doing good in the industry, outperforming 68.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.81 |
ROIC/WACC0.03
WACC8.54%
2.3 Liquidity
A Current Ratio of 2.36 indicates that GNK has no problem at all paying its short term obligations.
The Current ratio of GNK (2.36) is better than 68.57% of its industry peers.
GNK has a Quick Ratio of 1.98. This is a normal value and indicates that GNK is financially healthy and should not expect problems in meeting its short term obligations.
GNK has a Quick ratio of 1.98. This is in the better half of the industry: GNK outperforms 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
The earnings per share for GNK have decreased strongly by -107.82% in the last year.
The earnings per share for GNK have been decreasing by -26.99% on average. This is quite bad
GNK shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -24.58%.
Measured over the past years, GNK shows a small growth in Revenue. The Revenue has been growing by 1.66% on average per year.
EPS 1Y (TTM)-107.82%
EPS 3Y-26.99%
EPS 5YN/A
EPS Q2Q%-102.44%
Revenue 1Y (TTM)-24.58%
Revenue growth 3Y-8.22%
Revenue growth 5Y1.66%
Sales Q2Q%-0.03%
3.2 Future
GNK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.97% yearly.
The Revenue is expected to decrease by -5.07% on average over the next years.
EPS Next Y-93.43%
EPS Next 2Y-9.35%
EPS Next 3Y13.97%
EPS Next 5YN/A
Revenue Next Year-12.41%
Revenue Next 2Y-5.18%
Revenue Next 3Y-5.07%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GNK. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 13.60, the valuation of GNK can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as GNK.
The average S&P500 Price/Forward Earnings ratio is at 23.23. GNK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GNK indicates a slightly more expensive valuation: GNK is more expensive than 68.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.23 |
4.3 Compensation for Growth
GNK's earnings are expected to grow with 13.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-9.35%
EPS Next 3Y13.97%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.23%, GNK has a reasonable but not impressive dividend return.
GNK's Dividend Yield is a higher than the industry average which is at 5.65.
Compared to an average S&P500 Dividend Yield of 2.00, GNK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
5.2 History
The dividend of GNK is nicely growing with an annual growth rate of 25.86%!
GNK has been paying a dividend for over 5 years, so it has already some track record.
The dividend of GNK decreased recently.
Dividend Growth(5Y)25.86%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of GNK are negative and hence is the payout ratio. GNK will probably not be able to sustain this dividend level.
GNK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-611.58%
EPS Next 2Y-9.35%
EPS Next 3Y13.97%
18.44
+0.01 (+0.05%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners56.2%
Inst Owner Change-4.87%
Ins Owners1.74%
Ins Owner Change2.22%
Market Cap797.35M
Revenue(TTM)331.33M
Net Income(TTM)-7.10M
Analysts80
Price Target22.53 (22.18%)
Short Float %5.81%
Short Ratio3.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Yearly Dividend1.58
Dividend Growth(5Y)25.86%
DP-611.58%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-54.09%
Min EPS beat(2)-104.64%
Max EPS beat(2)-3.54%
EPS beat(4)0
Avg EPS beat(4)-34.62%
Min EPS beat(4)-104.64%
Max EPS beat(4)-3.54%
EPS beat(8)2
Avg EPS beat(8)-17.77%
EPS beat(12)5
Avg EPS beat(12)-13.34%
EPS beat(16)6
Avg EPS beat(16)-10.72%
Revenue beat(2)2
Avg Revenue beat(2)4.03%
Min Revenue beat(2)4.02%
Max Revenue beat(2)4.03%
Revenue beat(4)4
Avg Revenue beat(4)5.87%
Min Revenue beat(4)4.02%
Max Revenue beat(4)8.58%
Revenue beat(8)6
Avg Revenue beat(8)6.56%
Revenue beat(12)7
Avg Revenue beat(12)6.9%
Revenue beat(16)11
Avg Revenue beat(16)10.99%
PT rev (1m)3.11%
PT rev (3m)4.58%
EPS NQ rev (1m)-1.33%
EPS NQ rev (3m)-0.76%
EPS NY rev (1m)-67.29%
EPS NY rev (3m)-64.36%
Revenue NQ rev (1m)-0.69%
Revenue NQ rev (3m)0.56%
Revenue NY rev (1m)10.07%
Revenue NY rev (3m)1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.6 | ||
| P/S | 2.41 | ||
| P/FCF | N/A | ||
| P/OCF | 17.34 | ||
| P/B | 0.9 | ||
| P/tB | 0.9 | ||
| EV/EBITDA | 11.23 |
EPS(TTM)-0.14
EYN/A
EPS(NY)1.36
Fwd EY7.35%
FCF(TTM)-0.53
FCFYN/A
OCF(TTM)1.06
OCFY5.77%
SpS7.66
BVpS20.49
TBVpS20.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.64% | ||
| ROE | -0.8% | ||
| ROCE | 0.37% | ||
| ROIC | 0.29% | ||
| ROICexc | 0.32% | ||
| ROICexgc | 0.32% | ||
| OM | 1.18% | ||
| PM (TTM) | N/A | ||
| GM | 34.02% | ||
| FCFM | N/A |
ROA(3y)6.54%
ROA(5y)3.29%
ROE(3y)7.74%
ROE(5y)2.56%
ROIC(3y)6.73%
ROIC(5y)6.81%
ROICexc(3y)7.06%
ROICexc(5y)7.32%
ROICexgc(3y)7.06%
ROICexgc(5y)7.32%
ROCE(3y)8.51%
ROCE(5y)8.62%
ROICexgc growth 3Y-24.91%
ROICexgc growth 5YN/A
ROICexc growth 3Y-24.91%
ROICexc growth 5YN/A
OM growth 3Y-20.17%
OM growth 5YN/A
PM growth 3Y-18.42%
PM growth 5YN/A
GM growth 3Y-5.33%
GM growth 5Y10.39%
F-Score2
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.06 | ||
| Cap/Depr | 94.41% | ||
| Cap/Sales | 20.84% | ||
| Interest Coverage | 0.44 | ||
| Cash Conversion | 59.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 1.81 |
F-Score2
WACC8.54%
ROIC/WACC0.03
Cap/Depr(3y)105.67%
Cap/Depr(5y)111.35%
Cap/Sales(3y)16.11%
Cap/Sales(5y)15.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-107.82%
EPS 3Y-26.99%
EPS 5YN/A
EPS Q2Q%-102.44%
EPS Next Y-93.43%
EPS Next 2Y-9.35%
EPS Next 3Y13.97%
EPS Next 5YN/A
Revenue 1Y (TTM)-24.58%
Revenue growth 3Y-8.22%
Revenue growth 5Y1.66%
Sales Q2Q%-0.03%
Revenue Next Year-12.41%
Revenue Next 2Y-5.18%
Revenue Next 3Y-5.07%
Revenue Next 5YN/A
EBIT growth 1Y-95.28%
EBIT growth 3Y-26.73%
EBIT growth 5YN/A
EBIT Next Year4.06%
EBIT Next 3Y28.08%
EBIT Next 5YN/A
FCF growth 1Y-128.77%
FCF growth 3Y-14.83%
FCF growth 5Y50.46%
OCF growth 1Y-47.8%
OCF growth 3Y-18.12%
OCF growth 5Y16.35%
GENCO SHIPPING & TRADING LTD / GNK FAQ
What is the ChartMill fundamental rating of GENCO SHIPPING & TRADING LTD (GNK) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GNK.
Can you provide the valuation status for GENCO SHIPPING & TRADING LTD?
ChartMill assigns a valuation rating of 1 / 10 to GENCO SHIPPING & TRADING LTD (GNK). This can be considered as Overvalued.
How profitable is GENCO SHIPPING & TRADING LTD (GNK) stock?
GENCO SHIPPING & TRADING LTD (GNK) has a profitability rating of 3 / 10.
How financially healthy is GENCO SHIPPING & TRADING LTD?
The financial health rating of GENCO SHIPPING & TRADING LTD (GNK) is 5 / 10.
What is the earnings growth outlook for GENCO SHIPPING & TRADING LTD?
The Earnings per Share (EPS) of GENCO SHIPPING & TRADING LTD (GNK) is expected to decline by -93.43% in the next year.