GLOBAL SHIP LEASE INC-CL A (GSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GSL - MHY271836006 - Common Stock
33.15 USD
-0.76 (-2.24%)
33.1045 USD
-0.05 (-0.14%)
Taking everything into account, GSL scores 7 out of 10 in our fundamental rating. GSL was compared to 35 industry peers in the Marine Transportation industry. While GSL belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. GSL may be a bit undervalued, certainly considering the very reasonable score on growth Finally GSL also has an excellent dividend rating. This makes GSL very considerable 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.
Each year in the past 5 years GSL had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 14.49%, GSL belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
GSL has a better Return On Equity (23.31%) than 91.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.05%, GSL belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GSL is below the industry average of 19.58%.
| 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's Profit Margin of 51.80% is amongst the best of the industry. GSL outperforms 88.57% of its industry peers.
In the last couple of years the Profit Margin of GSL has grown nicely.
GSL has a better Operating Margin (52.77%) than 91.43% of its industry peers.
GSL's Operating Margin has improved in the last couple of years.
The Gross Margin of GSL (70.07%) is better than 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.
The number of shares outstanding for GSL has been increased compared to 1 year ago.
GSL has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GSL has an improved debt to assets ratio.
2.2 Solvency
GSL has an Altman-Z score of 2.13. 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.
Looking at the Altman-Z score, with a value of 2.13, GSL is in the better half of 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.
Looking at the Debt to FCF ratio, with a value of 4.73, GSL is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
A Debt/Equity ratio of 0.37 indicates that GSL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.37, GSL is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.73 | ||
| Altman-Z | 2.13 |
ROIC/WACC1.34
WACC9.77%
2.3 Liquidity
A Current Ratio of 2.01 indicates that GSL has no problem at all paying its short term obligations.
The Current ratio of GSL (2.01) is better than 62.86% of 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's Quick ratio of 1.94 is fine compared to the rest of the industry. GSL outperforms 62.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.94 |
3. Growth
3.1 Past
GSL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.64%.
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.
Looking at the last year, GSL shows a small growth in Revenue. The Revenue has grown by 5.37% in the last year.
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 2Y1.19%
EPS Next 3Y-3.71%
EPS Next 5YN/A
Revenue Next Year6.06%
Revenue Next 2Y1.78%
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.
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
A Price/Earnings ratio of 3.16 indicates a rather cheap valuation of GSL.
Based on the Price/Earnings ratio, GSL is valued cheaper than 82.86% of the companies in the same industry.
When comparing the Price/Earnings ratio of GSL to the average of the S&P500 Index (26.55), we can say GSL is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.24, the valuation of GSL can be described as very cheap.
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 23.78, GSL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.16 | ||
| Fwd PE | 3.24 |
4.2 Price Multiples
GSL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. GSL is cheaper than 74.29% of the companies in the same industry.
GSL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GSL is cheaper than 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.36 | ||
| EV/EBITDA | 3.05 |
4.3 Compensation for Growth
GSL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
GSL has an outstanding profitability rating, which 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)1.08
PEG (5Y)0.07
EPS Next 2Y1.19%
EPS Next 3Y-3.71%
5. Dividend
5.1 Amount
GSL has a Yearly Dividend Yield of 7.25%, which is a nice return.
Compared to an average industry Dividend Yield of 4.53, GSL pays a better dividend. On top of this GSL pays more dividend than 85.71% of the companies listed in the same industry.
GSL's Dividend Yield is rather good when compared to the S&P500 average which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.25% |
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
19.92% of the earnings are spent on dividend by GSL. This is a low number and sustainable payout ratio.
DP19.92%
EPS Next 2Y1.19%
EPS Next 3Y-3.71%
33.15
-0.76 (-2.24%)
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 Cap1.19B
Revenue(TTM)711.05M
Net Income(TTM)383.01M
Analysts77.5
Price Target38.42 (15.9%)
Short Float %2.21%
Short Ratio1.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.25% |
Yearly Dividend1.92
Dividend Growth(5Y)53.55%
DP19.92%
Div Incr Years3
Div Non Decr Years3
Ex-Date
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)5.61%
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 | 3.16 | ||
| Fwd PE | 3.24 | ||
| P/S | 1.6 | ||
| P/FCF | 7.36 | ||
| P/OCF | 2.66 | ||
| P/B | 0.72 | ||
| P/tB | 0.72 | ||
| EV/EBITDA | 3.05 |
EPS(TTM)10.49
EY31.64%
EPS(NY)10.23
Fwd EY30.86%
FCF(TTM)4.5
FCFY13.59%
OCF(TTM)12.47
OCFY37.62%
SpS20.67
BVpS45.93
TBVpS45.93
PEG (NY)1.08
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 | 2.13 |
F-Score5
WACC9.77%
ROIC/WACC1.34
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 2Y1.19%
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 2Y1.78%
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.
Can you provide the valuation status for GLOBAL SHIP LEASE INC-CL A?
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 8 / 10.
What is the valuation of GLOBAL SHIP LEASE INC-CL A based on its PE and PB ratios?
The Price/Earnings (PE) ratio for GLOBAL SHIP LEASE INC-CL A (GSL) is 3.16 and the Price/Book (PB) ratio is 0.72.
Can you provide the financial health for GSL stock?
The financial health rating of GLOBAL SHIP LEASE INC-CL A (GSL) is 6 / 10.