GLOBAL SHIP LEASE INC-CL A (GSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GSL - MHY271836006 - Common Stock
35.15 USD
+0.58 (+1.68%)
35.23 USD
+0.08 (+0.23%)
We assign a fundamental rating of 6 out of 10 to GSL. GSL was compared to 35 industry peers in the Marine Transportation industry. While GSL has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on GSL. Finally GSL also has an excellent dividend rating. With these ratings, GSL could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year GSL was profitable.
GSL had a positive operating cash flow in the past year.
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
GSL has a Return On Assets of 14.49%. This is amongst the best in the industry. GSL outperforms 85.71% of its industry peers.
Looking at the Return On Equity, with a value of 23.31%, GSL belongs to the top of the industry, outperforming 94.29% of the companies in the same industry.
GSL has a Return On Invested Capital of 13.05%. This is amongst the best in the industry. GSL outperforms 88.57% of its industry peers.
GSL had an Average Return On Invested Capital over the past 3 years of 14.87%. This is below the industry average of 18.49%.
| 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
With an excellent Profit Margin value of 51.80%, GSL belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
In the last couple of years the Profit Margin of GSL has grown nicely.
GSL has a Operating Margin of 52.77%. This is amongst the best in the industry. GSL outperforms 91.43% of its industry peers.
GSL's Operating Margin has improved in the last couple of years.
GSL's Gross Margin of 70.07% is amongst the best of 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so GSL is still creating some value.
Compared to 1 year ago, GSL has more shares outstanding
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 2.14. 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.
The Altman-Z score of GSL (2.14) is better than 71.43% of its industry peers.
GSL has a debt to FCF ratio of 4.73. This is a neutral value as GSL would need 4.73 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.73, GSL is doing good in the industry, outperforming 65.71% of the companies in the same industry.
A Debt/Equity ratio of 0.37 indicates that GSL is not too dependend on debt financing.
GSL has a better Debt to Equity ratio (0.37) than 65.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.73 | ||
| Altman-Z | 2.14 |
ROIC/WACC1.35
WACC9.66%
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.
Looking at the Current ratio, with a value of 2.01, GSL is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 1.94, GSL is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
| 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.
Measured over the past years, GSL shows a very strong growth in Revenue. The Revenue has been growing by 22.19% on average per year.
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
GSL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.46% yearly.
GSL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.05% yearly.
EPS Next Y-0.47%
EPS Next 2Y-2.29%
EPS Next 3Y-8.46%
EPS Next 5YN/A
Revenue Next Year3.96%
Revenue Next 2Y0.69%
Revenue Next 3Y-5.05%
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 decreasing.
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
Based on the Price/Earnings ratio of 3.35, the valuation of GSL can be described as very cheap.
Based on the Price/Earnings ratio, GSL is valued cheaper than 88.57% of the companies in the same industry.
GSL is valuated cheaply when we compare the Price/Earnings ratio to 25.98, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 3.69, which indicates a rather cheap valuation of GSL.
Based on the Price/Forward Earnings ratio, GSL is valued cheaper than 91.43% of the companies in the same industry.
GSL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.35 | ||
| Fwd PE | 3.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GSL is valued a bit cheaper than 74.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, GSL is valued a bit cheaper than the industry average as 77.14% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.8 | ||
| EV/EBITDA | 3.1 |
4.3 Compensation for Growth
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 -8.46% in the coming years.
PEG (NY)N/A
PEG (5Y)0.07
EPS Next 2Y-2.29%
EPS Next 3Y-8.46%
5. Dividend
5.1 Amount
GSL has a Yearly Dividend Yield of 7.40%, which is a nice return.
GSL's Dividend Yield is rather good when compared to the industry average which is at 7.61. GSL pays more dividend than 88.57% of the companies in the same industry.
GSL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.4% |
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 2Y-2.29%
EPS Next 3Y-8.46%
35.15
+0.58 (+1.68%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners49.96%
Inst Owner Change-15.08%
Ins Owners1.89%
Ins Owner ChangeN/A
Market Cap1.26B
Revenue(TTM)711.05M
Net Income(TTM)383.01M
Analysts77.5
Price Target38.42 (9.3%)
Short Float %2.06%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.4% |
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)0.02%
EPS NY rev (3m)0.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.35 | ||
| Fwd PE | 3.69 | ||
| P/S | 1.7 | ||
| P/FCF | 7.8 | ||
| P/OCF | 2.82 | ||
| P/B | 0.77 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 3.1 |
EPS(TTM)10.49
EY29.84%
EPS(NY)9.54
Fwd EY27.13%
FCF(TTM)4.5
FCFY12.81%
OCF(TTM)12.47
OCFY35.48%
SpS20.67
BVpS45.93
TBVpS45.93
PEG (NY)N/A
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 | 2.14 |
F-Score5
WACC9.66%
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 Y-0.47%
EPS Next 2Y-2.29%
EPS Next 3Y-8.46%
EPS Next 5YN/A
Revenue 1Y (TTM)5.37%
Revenue growth 3Y16.65%
Revenue growth 5Y22.19%
Sales Q2Q%10.69%
Revenue Next Year3.96%
Revenue Next 2Y0.69%
Revenue Next 3Y-5.05%
Revenue Next 5YN/A
EBIT growth 1Y1.92%
EBIT growth 3Y18.18%
EBIT growth 5Y27.71%
EBIT Next Year35.74%
EBIT Next 3Y1.32%
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 6 / 10 to GSL.
Can you provide the valuation status for GLOBAL SHIP LEASE INC-CL A?
ChartMill assigns a valuation rating of 7 / 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 3.35 and the Price/Book (PB) ratio is 0.77.
Can you provide the financial health for GSL stock?
The financial health rating of GLOBAL SHIP LEASE INC-CL A (GSL) is 6 / 10.