GENCO SHIPPING & TRADING LTD (GNK) Stock Fundamental Analysis
NYSE:GNK - New York Stock Exchange, Inc. - MHY2685T1313 - Common Stock
Overall GNK gets a fundamental rating of 5 out of 10. We evaluated GNK against 29 industry peers in the Marine Transportation industry. GNK has a great financial health rating, but its profitability evaluates not so good. GNK is not valued too expensively and it also shows a decent growth rate.
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.
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
With a Return On Assets value of 6.57%, GNK perfoms like the industry average, outperforming 46.43% of the companies in the same industry.
GNK has a worse Return On Equity (7.38%) than 60.71% of its industry peers.
GNK's Return On Invested Capital of 6.54% is in line compared to the rest of the industry. GNK outperforms 53.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GNK is in line with the industry average of 8.54%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.57% | ||
| ROE | 7.38% | ||
| ROIC | 6.54% |
ROA(3y)9.17%
ROA(5y)1.11%
ROE(3y)11.61%
ROE(5y)-0.23%
ROIC(3y)9.17%
ROIC(5y)N/A
1.3 Margins
GNK has a Profit Margin of 15.63%. This is in the lower half of the industry: GNK underperforms 60.71% of its industry peers.
GNK has a worse Operating Margin (18.89%) than 64.29% of its industry peers.
GNK's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 42.89%, GNK is doing worse than 64.29% of the companies in the same industry.
In the last couple of years the Gross Margin of GNK has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.89% | ||
| PM (TTM) | 15.63% | ||
| GM | 42.89% |
OM growth 3Y64.25%
OM growth 5Y-8.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.36%
GM growth 5Y-3.46%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GNK is still creating some 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 a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.21 indicates that GNK is not in any danger for bankruptcy at the moment.
GNK has a Altman-Z score of 3.21. This is amongst the best in the industry. GNK outperforms 85.71% of its industry peers.
The Debt to FCF ratio of GNK is 1.71, which is an excellent value as it means it would take GNK, only 1.71 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.71, GNK belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
A Debt/Equity ratio of 0.08 indicates that GNK is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.08, GNK belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.71 | ||
| Altman-Z | 3.21 |
ROIC/WACC0.77
WACC8.53%
2.3 Liquidity
GNK has a Current Ratio of 3.09. This indicates that GNK is financially healthy and has no problem in meeting its short term obligations.
GNK's Current ratio of 3.09 is fine compared to the rest of the industry. GNK outperforms 75.00% of its industry peers.
GNK has a Quick Ratio of 2.49. This indicates that GNK is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.49, GNK is doing good in the industry, outperforming 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.49 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 96.49% over the past year.
The Earnings Per Share has been growing slightly by 1.92% on average over the past years.
Looking at the last year, GNK shows a quite strong growth in Revenue. The Revenue has grown by 11.11% in the last year.
GNK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.87% yearly.
EPS 1Y (TTM)96.49%
EPS 3YN/A
EPS 5Y1.92%
EPS Q2Q%555.56%
Revenue 1Y (TTM)11.11%
Revenue growth 3Y2.58%
Revenue growth 5Y0.87%
Sales Q2Q%110.99%
3.2 Future
Based on estimates for the next years, GNK will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.39% on average per year.
The Revenue is expected to decrease by -0.61% on average over the next years.
EPS Next Y167.63%
EPS Next 2Y65.62%
EPS Next 3Y47.54%
EPS Next 5Y12.39%
Revenue Next Year79.27%
Revenue Next 2Y31.36%
Revenue Next 3Y21.11%
Revenue Next 5Y-0.61%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 7.97, the valuation of GNK can be described as very cheap.
GNK's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.29. GNK is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.75 indicates a rather cheap valuation of GNK.
GNK's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.44, GNK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.97 | ||
| Fwd PE | 7.75 |
4.2 Price Multiples
GNK's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as GNK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.56 | ||
| EV/EBITDA | 4.22 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GNK's earnings are expected to grow with 47.54% in the coming years.
PEG (NY)0.05
PEG (5Y)4.14
EPS Next 2Y65.62%
EPS Next 3Y47.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.21%, GNK is a good candidate for dividend investing.
GNK's Dividend Yield is a higher than the industry average which is at 9.88.
GNK's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.21% |
5.2 History
On average, the dividend of GNK grows each year by 10.52%, which is quite nice.
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)10.52%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
82.75% of the earnings are spent on dividend by GNK. This is not a sustainable payout ratio.
The dividend of GNK is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP82.75%
EPS Next 2Y65.62%
EPS Next 3Y47.54%
GENCO SHIPPING & TRADING LTD
NYSE:GNK (1/22/2025, 10:33:02 AM)
14.26
-0.03 (-0.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners68.45%
Inst Owner Change-0.18%
Ins Owners1.58%
Ins Owner Change0%
Market Cap609.76M
Analysts77.14
Price Target22.9 (60.59%)
Short Float %1.85%
Short Ratio1.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.21% |
Yearly Dividend0.96
Dividend Growth(5Y)10.52%
DP82.75%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.3%
Min EPS beat(2)-1.32%
Max EPS beat(2)1.92%
EPS beat(4)2
Avg EPS beat(4)-0.93%
Min EPS beat(4)-6.07%
Max EPS beat(4)1.92%
EPS beat(8)5
Avg EPS beat(8)-2.7%
EPS beat(12)6
Avg EPS beat(12)-2.75%
EPS beat(16)9
Avg EPS beat(16)16.69%
Revenue beat(2)1
Avg Revenue beat(2)2.34%
Min Revenue beat(2)-6.14%
Max Revenue beat(2)10.83%
Revenue beat(4)2
Avg Revenue beat(4)7.25%
Min Revenue beat(4)-6.14%
Max Revenue beat(4)28.13%
Revenue beat(8)3
Avg Revenue beat(8)7.42%
Revenue beat(12)7
Avg Revenue beat(12)12.69%
Revenue beat(16)11
Avg Revenue beat(16)21.42%
PT rev (1m)-2.71%
PT rev (3m)-9.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.37%
EPS NY rev (1m)0%
EPS NY rev (3m)-15.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.32%
Revenue NY rev (1m)4.31%
Revenue NY rev (3m)-3.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.97 | ||
| Fwd PE | 7.75 | ||
| P/S | 1.39 | ||
| P/FCF | 14.56 | ||
| P/OCF | 4.47 | ||
| P/B | 0.66 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | 4.22 |
EPS(TTM)1.79
EY12.55%
EPS(NY)1.84
Fwd EY12.91%
FCF(TTM)0.98
FCFY6.87%
OCF(TTM)3.19
OCFY22.38%
SpS10.27
BVpS21.75
TBVpS21.75
PEG (NY)0.05
PEG (5Y)4.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.57% | ||
| ROE | 7.38% | ||
| ROCE | 8.27% | ||
| ROIC | 6.54% | ||
| ROICexc | 6.85% | ||
| ROICexgc | 6.85% | ||
| OM | 18.89% | ||
| PM (TTM) | 15.63% | ||
| GM | 42.89% | ||
| FCFM | 9.54% |
ROA(3y)9.17%
ROA(5y)1.11%
ROE(3y)11.61%
ROE(5y)-0.23%
ROIC(3y)9.17%
ROIC(5y)N/A
ROICexc(3y)9.91%
ROICexc(5y)N/A
ROICexgc(3y)9.91%
ROICexgc(5y)N/A
ROCE(3y)11.61%
ROCE(5y)N/A
ROICexcg growth 3Y63.87%
ROICexcg growth 5Y-3.46%
ROICexc growth 3Y63.87%
ROICexc growth 5Y-3.46%
OM growth 3Y64.25%
OM growth 5Y-8.52%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.36%
GM growth 5Y-3.46%
F-Score8
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 1.71 | ||
| Debt/EBITDA | 0.48 | ||
| Cap/Depr | 139.85% | ||
| Cap/Sales | 21.52% | ||
| Interest Coverage | 6.18 | ||
| Cash Conversion | 90.6% | ||
| Profit Quality | 61.01% | ||
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.49 | ||
| Altman-Z | 3.21 |
F-Score8
WACC8.53%
ROIC/WACC0.77
Cap/Depr(3y)147.85%
Cap/Depr(5y)108.69%
Cap/Sales(3y)18.8%
Cap/Sales(5y)14.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)96.49%
EPS 3YN/A
EPS 5Y1.92%
EPS Q2Q%555.56%
EPS Next Y167.63%
EPS Next 2Y65.62%
EPS Next 3Y47.54%
EPS Next 5Y12.39%
Revenue 1Y (TTM)11.11%
Revenue growth 3Y2.58%
Revenue growth 5Y0.87%
Sales Q2Q%110.99%
Revenue Next Year79.27%
Revenue Next 2Y31.36%
Revenue Next 3Y21.11%
Revenue Next 5Y-0.61%
EBIT growth 1Y80.82%
EBIT growth 3Y68.49%
EBIT growth 5Y-7.72%
EBIT Next Year475.37%
EBIT Next 3Y80.9%
EBIT Next 5Y44.31%
FCF growth 1Y-78.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-45.31%
OCF growth 3Y35.49%
OCF growth 5Y6.85%