GENCO SHIPPING & TRADING LTD (GNK) Stock Fundamental Analysis
USA - NYSE:GNK - MHY2685T1313 - Common Stock
15.8 USD
+0.1 (+0.64%)
15.8 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 positive 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.
In the past 5 years GNK always reported a positive cash flow from operatings.
1.2 Ratios
GNK has a Return On Assets (1.48%) which is comparable to the rest of the industry.
The Return On Equity of GNK (1.73%) is worse than 60.00% of its industry peers.
GNK has a worse Return On Invested Capital (1.75%) than 65.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GNK is significantly below the industry average of 18.84%.
The last Return On Invested Capital (1.75%) for GNK is well below the 3 year average (6.73%), which needs to be investigated, but indicates that GNK had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 1.73% | ||
| ROIC | 1.75% |
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
Looking at the Profit Margin, with a value of 4.39%, GNK is doing worse than 60.00% of the companies in the same industry.
In the last couple of years the Profit Margin of GNK has declined.
With a Operating Margin value of 6.27%, GNK is not doing good in the industry: 65.71% of the companies in the same industry are doing better.
GNK's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 36.23%, GNK is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of GNK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.27% | ||
| PM (TTM) | 4.39% | ||
| GM | 36.23% |
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.
The number of shares outstanding for GNK has been increased compared to 1 year ago.
The number of shares outstanding for GNK has been increased compared to 5 years ago.
The debt/assets ratio for GNK has been reduced compared to a year ago.
2.2 Solvency
GNK has an Altman-Z score of 2.38. 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.
GNK has a Altman-Z score of 2.38. This is in the better half of the industry: GNK outperforms 80.00% of its industry peers.
The Debt to FCF ratio of GNK is 7.47, which is on the high side as it means it would take GNK, 7.47 years of fcf income to pay off all of its debts.
GNK has a Debt to FCF ratio (7.47) which is in line with its industry peers.
GNK has a Debt/Equity ratio of 0.10. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.10, GNK is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 7.47 | ||
| Altman-Z | 2.38 |
ROIC/WACC0.21
WACC8.33%
2.3 Liquidity
GNK has a Current Ratio of 1.63. 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 Current ratio value of 1.63, GNK perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
GNK has a Quick Ratio of 1.20. 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 (1.20) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The earnings per share for GNK have decreased strongly by -78.29% in the last year.
GNK shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -26.99% yearly.
Looking at the last year, GNK shows a very negative growth in Revenue. The Revenue has decreased by -17.16% in the last year.
GNK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.66% yearly.
EPS 1Y (TTM)-78.29%
EPS 3Y-26.99%
EPS 5YN/A
EPS Q2Q%-130.43%
Revenue 1Y (TTM)-17.16%
Revenue growth 3Y-8.22%
Revenue growth 5Y1.66%
Sales Q2Q%-24.39%
3.2 Future
GNK is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.03% yearly.
The Revenue is expected to decrease by -10.77% on average over the next years. This is quite bad
EPS Next Y-81.55%
EPS Next 2Y-16.75%
EPS Next 3Y6.03%
EPS Next 5YN/A
Revenue Next Year-13.72%
Revenue Next 2Y-2.68%
Revenue Next 3Y-10.77%
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
Based on the Price/Earnings ratio of 56.43, the valuation of GNK can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of GNK indicates a slightly more expensive valuation: GNK is more expensive than 62.86% of the companies listed in the same industry.
GNK is valuated expensively when we compare the Price/Earnings ratio to 27.57, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.82, the valuation of GNK can be described as correct.
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 23.09.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.43 | ||
| Fwd PE | 13.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GNK is valued a bit more expensive than 60.00% of the companies in the same industry.
GNK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.52 | ||
| EV/EBITDA | 7.77 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-16.75%
EPS Next 3Y6.03%
5. Dividend
5.1 Amount
GNK has a Yearly Dividend Yield of 3.68%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.27, GNK pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, GNK pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
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.
GNK has decreased its dividend recently.
Dividend Growth(5Y)25.86%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
334.25% of the earnings are spent on dividend by GNK. This is not a sustainable payout ratio.
GNK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP334.25%
EPS Next 2Y-16.75%
EPS Next 3Y6.03%
15.8
+0.1 (+0.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners58.92%
Inst Owner Change-0.13%
Ins Owners1.75%
Ins Owner Change2.22%
Market Cap678.77M
Revenue(TTM)350.74M
Net Income(TTM)15.41M
Analysts80
Price Target21.54 (36.33%)
Short Float %10.77%
Short Ratio5.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
Yearly Dividend1.58
Dividend Growth(5Y)25.86%
DP334.25%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.34%
Min EPS beat(2)-9.14%
Max EPS beat(2)-3.54%
EPS beat(4)0
Avg EPS beat(4)-8.79%
Min EPS beat(4)-21.15%
Max EPS beat(4)-1.32%
EPS beat(8)3
Avg EPS beat(8)-2.1%
EPS beat(12)5
Avg EPS beat(12)-5.23%
EPS beat(16)7
Avg EPS beat(16)-4.11%
Revenue beat(2)2
Avg Revenue beat(2)5.43%
Min Revenue beat(2)4.02%
Max Revenue beat(2)6.84%
Revenue beat(4)3
Avg Revenue beat(4)3.32%
Min Revenue beat(4)-6.14%
Max Revenue beat(4)8.58%
Revenue beat(8)5
Avg Revenue beat(8)5.49%
Revenue beat(12)7
Avg Revenue beat(12)8.31%
Revenue beat(16)11
Avg Revenue beat(16)12.49%
PT rev (1m)0%
PT rev (3m)5.23%
EPS NQ rev (1m)-9.16%
EPS NQ rev (3m)-43.93%
EPS NY rev (1m)-8.77%
EPS NY rev (3m)-19.48%
Revenue NQ rev (1m)-1.95%
Revenue NQ rev (3m)-0.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.43 | ||
| Fwd PE | 13.82 | ||
| P/S | 1.94 | ||
| P/FCF | 54.52 | ||
| P/OCF | 9.19 | ||
| P/B | 0.76 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 7.77 |
EPS(TTM)0.28
EY1.77%
EPS(NY)1.14
Fwd EY7.24%
FCF(TTM)0.29
FCFY1.83%
OCF(TTM)1.72
OCFY10.88%
SpS8.16
BVpS20.75
TBVpS20.75
PEG (NY)N/A
PEG (5Y)N/A
Graham Number11.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.48% | ||
| ROE | 1.73% | ||
| ROCE | 2.22% | ||
| ROIC | 1.75% | ||
| ROICexc | 1.82% | ||
| ROICexgc | 1.82% | ||
| OM | 6.27% | ||
| PM (TTM) | 4.39% | ||
| GM | 36.23% | ||
| FCFM | 3.55% |
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-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.1 | ||
| Debt/FCF | 7.47 | ||
| Debt/EBITDA | 0.99 | ||
| Cap/Depr | 85.01% | ||
| Cap/Sales | 17.51% | ||
| Interest Coverage | 2.45 | ||
| Cash Conversion | 78.39% | ||
| Profit Quality | 80.79% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 2.38 |
F-Score5
WACC8.33%
ROIC/WACC0.21
Cap/Depr(3y)104.1%
Cap/Depr(5y)110.41%
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)-78.29%
EPS 3Y-26.99%
EPS 5YN/A
EPS Q2Q%-130.43%
EPS Next Y-81.55%
EPS Next 2Y-16.75%
EPS Next 3Y6.03%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.16%
Revenue growth 3Y-8.22%
Revenue growth 5Y1.66%
Sales Q2Q%-24.39%
Revenue Next Year-13.72%
Revenue Next 2Y-2.68%
Revenue Next 3Y-10.77%
Revenue Next 5YN/A
EBIT growth 1Y-63.46%
EBIT growth 3Y-26.73%
EBIT growth 5YN/A
EBIT Next Year6.27%
EBIT Next 3Y23.17%
EBIT Next 5YN/A
FCF growth 1Y-89.48%
FCF growth 3Y-14.83%
FCF growth 5Y50.46%
OCF growth 1Y-42.74%
OCF growth 3Y-18.12%
OCF growth 5Y16.35%