GENCO SHIPPING & TRADING LTD (GNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GNK - MHY2685T1313 - Common Stock
18.44 USD
-0.33 (-1.76%)
18.44 USD
0 (0%)
GNK gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 35 industry peers in the Marine Transportation industry. The financial health of GNK is average, but there are quite some concerns on its profitability. GNK is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
GNK had negative earnings in the past year.
In the past year GNK had a positive cash flow from operations.
In multiple years GNK reported negative net income over the last 5 years.
GNK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GNK has a worse Return On Assets (-0.64%) than 62.86% of its industry peers.
GNK has a Return On Equity of -0.80%. This is in the lower half of the industry: GNK underperforms 62.86% of its industry peers.
With a Return On Invested Capital value of 0.29%, GNK is not doing good in the industry: 68.57% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for GNK is in line with the industry average of 6.93%.
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.
Looking at the Operating Margin, with a value of 1.18%, GNK is doing worse than 71.43% of the companies in the same industry.
GNK's Operating Margin has declined in the last couple of years.
GNK has a Gross Margin (34.02%) which is comparable to the rest of the industry.
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
Compared to 1 year ago, GNK has an improved debt to assets ratio.
2.2 Solvency
GNK has an Altman-Z score of 1.85. This is not the best score and indicates that GNK is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 1.85, GNK is doing good in the industry, outperforming 62.86% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that GNK is not too dependend on debt financing.
The Debt to Equity ratio of GNK (0.18) is better than 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.85 |
ROIC/WACC0.03
WACC8.49%
2.3 Liquidity
GNK has a Current Ratio of 2.36. This indicates that GNK is financially healthy and has no problem in meeting 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.
With a decent Quick ratio value of 1.98, GNK is doing good in the industry, outperforming 62.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
GNK shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -107.82%.
GNK shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -26.99% yearly.
The Revenue for GNK has decreased by -24.58% in the past year. This is quite bad
The Revenue has been growing slightly by 1.66% on average over the past years.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
GNK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 13.60, which indicates a correct valuation of GNK.
GNK's Price/Forward Earnings is on the same level as the industry average.
GNK's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GNK is valued a bit more expensive than the industry average as 74.29% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.42 |
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
GNK has a Yearly Dividend Yield of 3.23%.
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
On average, the dividend of GNK grows each year by 25.86%, which is quite nice.
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.
The dividend of GNK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-611.58%
EPS Next 2Y-9.35%
EPS Next 3Y13.97%
18.44
-0.33 (-1.76%)
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-Date
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 | 11.42 |
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 | 1.85 |
F-Score2
WACC8.49%
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.
What is the valuation status for GNK stock?
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.
Can you provide the financial health for GNK stock?
The financial health rating of GENCO SHIPPING & TRADING LTD (GNK) is 5 / 10.
What is the expected EPS growth for GENCO SHIPPING & TRADING LTD (GNK) stock?
The Earnings per Share (EPS) of GENCO SHIPPING & TRADING LTD (GNK) is expected to decline by -93.43% in the next year.