GLOBAL SHIP LEASE INC-CL A (GSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GSL - MHY271836006 - Common Stock
35.04 USD
+0.1 (+0.29%)
35.04 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to GSL. GSL was compared to 35 industry peers in the Marine Transportation industry. GSL scores excellent on profitability, but there are some minor concerns on its financial health. GSL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally GSL also has an excellent dividend rating. These ratings could make GSL a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year GSL was profitable.
In the past year GSL had a positive cash flow from operations.
In the past 5 years GSL has always been profitable.
In the past 5 years GSL always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 14.49%, GSL belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
GSL has a Return On Equity of 23.31%. This is amongst the best in the industry. GSL outperforms 91.43% of its industry peers.
GSL has a Return On Invested Capital of 13.05%. This is amongst the best in the industry. GSL outperforms 91.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GSL is significantly above the industry average of 6.93%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.49% | ||
| ROE | 23.31% | ||
| ROIC | 13.05% |
ROA(3y)13.85%
ROA(5y)10.53%
ROE(3y)25.91%
ROE(5y)21.75%
ROIC(3y)14.87%
ROIC(5y)12.54%
1.3 Margins
GSL has a better Profit Margin (51.80%) than 88.57% of its industry peers.
GSL's Profit Margin has improved in the last couple of years.
The Operating Margin of GSL (52.77%) is better than 91.43% of its industry peers.
In the last couple of years the Operating Margin of GSL has grown nicely.
GSL has a Gross Margin of 70.07%. This is amongst the best in the industry. GSL outperforms 82.86% of its industry peers.
In the last couple of years the Gross Margin of GSL has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 52.77% | ||
| PM (TTM) | 51.8% | ||
| GM | 70.07% |
OM growth 3Y1.31%
OM growth 5Y4.52%
PM growth 3Y9.93%
PM growth 5Y48.32%
GM growth 3Y0.88%
GM growth 5Y2.09%
2. Health
2.1 Basic Checks
GSL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
GSL has more shares outstanding than it did 1 year ago.
GSL has more shares outstanding than it did 5 years ago.
GSL has a better debt/assets ratio than last year.
2.2 Solvency
GSL has an Altman-Z score of 2.15. This is not the best score and indicates that GSL is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.15, GSL is doing good in the industry, outperforming 71.43% of the companies in the same industry.
The Debt to FCF ratio of GSL is 4.73, which is a neutral value as it means it would take GSL, 4.73 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.73, GSL is doing good in the industry, outperforming 74.29% of the companies in the same industry.
GSL has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
GSL has a Debt to Equity ratio of 0.37. This is comparable to the rest of the industry: GSL outperforms 54.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.73 | ||
| Altman-Z | 2.15 |
ROIC/WACC1.35
WACC9.64%
2.3 Liquidity
GSL has a Current Ratio of 2.01. This indicates that GSL is financially healthy and has no problem in meeting its short term obligations.
GSL has a Current ratio (2.01) which is in line with its industry peers.
GSL has a Quick Ratio of 1.94. This is a normal value and indicates that GSL is financially healthy and should not expect problems in meeting its short term obligations.
GSL has a Quick ratio (1.94) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.94 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.64% over the past year.
Measured over the past years, GSL shows a very strong growth in Earnings Per Share. The EPS has been growing by 45.56% on average per year.
GSL shows a small growth in Revenue. In the last year, the Revenue has grown by 5.37%.
GSL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 22.19% yearly.
EPS 1Y (TTM)5.64%
EPS 3Y29.78%
EPS 5Y45.56%
EPS Q2Q%6.94%
Revenue 1Y (TTM)5.37%
Revenue growth 3Y16.65%
Revenue growth 5Y22.19%
Sales Q2Q%10.69%
3.2 Future
The Earnings Per Share is expected to decrease by -3.71% on average over the next years.
Based on estimates for the next years, GSL will show a decrease in Revenue. The Revenue will decrease by -2.55% on average per year.
EPS Next Y2.93%
EPS Next 2Y1.39%
EPS Next 3Y-3.71%
EPS Next 5YN/A
Revenue Next Year6.06%
Revenue Next 2Y2.05%
Revenue Next 3Y-2.55%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
The Price/Earnings ratio is 3.34, which indicates a rather cheap valuation of GSL.
GSL's Price/Earnings ratio is rather cheap when compared to the industry. GSL is cheaper than 85.71% of the companies in the same industry.
GSL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
A Price/Forward Earnings ratio of 3.41 indicates a rather cheap valuation of GSL.
91.43% of the companies in the same industry are more expensive than GSL, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.13, GSL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.34 | ||
| Fwd PE | 3.41 |
4.2 Price Multiples
77.14% of the companies in the same industry are more expensive than GSL, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GSL is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.78 | ||
| EV/EBITDA | 3.13 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of GSL may justify a higher PE ratio.
A cheap valuation may be justified as GSL's earnings are expected to decrease with -3.71% in the coming years.
PEG (NY)1.14
PEG (5Y)0.07
EPS Next 2Y1.39%
EPS Next 3Y-3.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.24%, GSL is a good candidate for dividend investing.
GSL's Dividend Yield is rather good when compared to the industry average which is at 5.65. GSL pays more dividend than 82.86% of the companies in the same industry.
GSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.24% |
5.2 History
On average, the dividend of GSL grows each year by 53.55%, which is quite nice.
GSL has been paying a dividend for over 5 years, so it has already some track record.
GSL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)53.55%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
GSL pays out 19.92% of its income as dividend. This is a sustainable payout ratio.
DP19.92%
EPS Next 2Y1.39%
EPS Next 3Y-3.71%
35.04
+0.1 (+0.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners48.02%
Inst Owner Change-15.08%
Ins Owners1.88%
Ins Owner ChangeN/A
Market Cap1.25B
Revenue(TTM)711.05M
Net Income(TTM)383.01M
Analysts77.5
Price Target38.42 (9.65%)
Short Float %2.06%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.24% |
Yearly Dividend1.92
Dividend Growth(5Y)53.55%
DP19.92%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.94%
Min EPS beat(2)13.44%
Max EPS beat(2)14.44%
EPS beat(4)4
Avg EPS beat(4)9.32%
Min EPS beat(4)0.5%
Max EPS beat(4)14.44%
EPS beat(8)8
Avg EPS beat(8)8.31%
EPS beat(12)11
Avg EPS beat(12)10.2%
EPS beat(16)14
Avg EPS beat(16)15.43%
Revenue beat(2)2
Avg Revenue beat(2)6.68%
Min Revenue beat(2)5.54%
Max Revenue beat(2)7.81%
Revenue beat(4)3
Avg Revenue beat(4)4.08%
Min Revenue beat(4)-1.13%
Max Revenue beat(4)7.81%
Revenue beat(8)7
Avg Revenue beat(8)3.93%
Revenue beat(12)11
Avg Revenue beat(12)5.41%
Revenue beat(16)15
Avg Revenue beat(16)7.87%
PT rev (1m)0%
PT rev (3m)5.61%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.57%
EPS NY rev (1m)3.41%
EPS NY rev (3m)3.57%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)2.02%
Revenue NY rev (3m)1.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.34 | ||
| Fwd PE | 3.41 | ||
| P/S | 1.7 | ||
| P/FCF | 7.78 | ||
| P/OCF | 2.81 | ||
| P/B | 0.76 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 3.13 |
EPS(TTM)10.49
EY29.94%
EPS(NY)10.27
Fwd EY29.31%
FCF(TTM)4.5
FCFY12.85%
OCF(TTM)12.47
OCFY35.59%
SpS20.67
BVpS45.93
TBVpS45.93
PEG (NY)1.14
PEG (5Y)0.07
Graham Number104.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.49% | ||
| ROE | 23.31% | ||
| ROCE | 16.52% | ||
| ROIC | 13.05% | ||
| ROICexc | 15.96% | ||
| ROICexgc | 15.96% | ||
| OM | 52.77% | ||
| PM (TTM) | 51.8% | ||
| GM | 70.07% | ||
| FCFM | 21.79% |
ROA(3y)13.85%
ROA(5y)10.53%
ROE(3y)25.91%
ROE(5y)21.75%
ROIC(3y)14.87%
ROIC(5y)12.54%
ROICexc(3y)16.11%
ROICexc(5y)13.49%
ROICexgc(3y)16.11%
ROICexgc(5y)13.49%
ROCE(3y)18.83%
ROCE(5y)15.88%
ROICexgc growth 3Y12.48%
ROICexgc growth 5Y13.63%
ROICexc growth 3Y12.48%
ROICexc growth 5Y13.66%
OM growth 3Y1.31%
OM growth 5Y4.52%
PM growth 3Y9.93%
PM growth 5Y48.32%
GM growth 3Y0.88%
GM growth 5Y2.09%
F-Score5
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.73 | ||
| Debt/EBITDA | 1.22 | ||
| Cap/Depr | 256.04% | ||
| Cap/Sales | 38.55% | ||
| Interest Coverage | 8.15 | ||
| Cash Conversion | 88.97% | ||
| Profit Quality | 42.07% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.94 | ||
| Altman-Z | 2.15 |
F-Score5
WACC9.64%
ROIC/WACC1.35
Cap/Depr(3y)126.97%
Cap/Depr(5y)239.79%
Cap/Sales(3y)17.58%
Cap/Sales(5y)33.37%
Profit Quality(3y)87.49%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.64%
EPS 3Y29.78%
EPS 5Y45.56%
EPS Q2Q%6.94%
EPS Next Y2.93%
EPS Next 2Y1.39%
EPS Next 3Y-3.71%
EPS Next 5YN/A
Revenue 1Y (TTM)5.37%
Revenue growth 3Y16.65%
Revenue growth 5Y22.19%
Sales Q2Q%10.69%
Revenue Next Year6.06%
Revenue Next 2Y2.05%
Revenue Next 3Y-2.55%
Revenue Next 5YN/A
EBIT growth 1Y1.92%
EBIT growth 3Y18.18%
EBIT growth 5Y27.71%
EBIT Next Year36.74%
EBIT Next 3Y4.3%
EBIT Next 5YN/A
FCF growth 1Y-42.27%
FCF growth 3YN/A
FCF growth 5Y81.01%
OCF growth 1Y8.99%
OCF growth 3Y17.2%
OCF growth 5Y35.72%
GLOBAL SHIP LEASE INC-CL A / GSL FAQ
Can you provide the ChartMill fundamental rating for GLOBAL SHIP LEASE INC-CL A?
ChartMill assigns a fundamental rating of 7 / 10 to GSL.
What is the valuation status of GLOBAL SHIP LEASE INC-CL A (GSL) stock?
ChartMill assigns a valuation rating of 8 / 10 to GLOBAL SHIP LEASE INC-CL A (GSL). This can be considered as Undervalued.
Can you provide the profitability details for GLOBAL SHIP LEASE INC-CL A?
GLOBAL SHIP LEASE INC-CL A (GSL) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for GSL stock?
The Price/Earnings (PE) ratio for GLOBAL SHIP LEASE INC-CL A (GSL) is 3.34 and the Price/Book (PB) ratio is 0.76.
Can you provide the expected EPS growth for GSL stock?
The Earnings per Share (EPS) of GLOBAL SHIP LEASE INC-CL A (GSL) is expected to grow by 2.93% in the next year.