GLOBAL SHIP LEASE INC-CL A (GSL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GSL - MHY271836006 - Common Stock
34.49 USD
+0.67 (+1.98%)
34.53 USD
+0.04 (+0.12%)
GSL gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 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 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.
In the past year GSL had a positive cash flow from operations.
GSL had positive earnings in each of the past 5 years.
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 91.43% of its industry peers.
With an excellent Return On Equity value of 23.31%, GSL belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
GSL's Return On Invested Capital of 13.05% is amongst the best of the industry. GSL outperforms 91.43% of its industry peers.
GSL had an Average Return On Invested Capital over the past 3 years of 14.87%. This is significantly above the industry average of 7.02%.
| 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
Looking at the Profit Margin, with a value of 51.80%, GSL belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
GSL's Profit Margin has improved in the last couple of years.
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 has a better Gross Margin (70.07%) than 82.86% of its industry peers.
GSL's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GSL 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.
Compared to 1 year ago, GSL has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.13 indicates that GSL is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.13, 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.
GSL's Debt to FCF ratio of 4.73 is fine compared to the rest of the industry. GSL outperforms 71.43% of its industry peers.
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 57.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.73 | ||
| Altman-Z | 2.13 |
ROIC/WACC1.35
WACC9.7%
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 line with its industry, outperforming 60.00% of the companies in the same industry.
A Quick Ratio of 1.94 indicates that GSL should not have too much problems paying its short term obligations.
GSL's Quick ratio of 1.94 is in line compared to the rest of the industry. GSL outperforms 60.00% 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%.
The Earnings Per Share has been growing by 45.56% on average over the past years. This is a very strong growth
The Revenue has been growing slightly by 5.37% in the past 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
The Earnings Per Share is expected to decrease by -3.71% on average over the next years.
GSL is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.55% yearly.
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
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.
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 3.29 indicates a rather cheap valuation of GSL.
Based on the Price/Earnings ratio, GSL is valued cheaply inside the industry as 82.86% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of GSL to the average of the S&P500 Index (26.61), we can say GSL is valued rather cheaply.
A Price/Forward Earnings ratio of 3.37 indicates a rather cheap valuation of GSL.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GSL indicates a rather cheap valuation: GSL is cheaper than 91.43% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of GSL to the average of the S&P500 Index (24.01), we can say GSL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.29 | ||
| Fwd PE | 3.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GSL indicates a somewhat cheap valuation: GSL is cheaper than 74.29% of the companies listed in the same industry.
74.29% of the companies in the same industry are more expensive than GSL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.66 | ||
| EV/EBITDA | 3.04 |
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.
GSL's earnings are expected to decrease with -3.71% in the coming years. This may justify a cheaper valuation.
PEG (NY)1.12
PEG (5Y)0.07
EPS Next 2Y1.19%
EPS Next 3Y-3.71%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.35%, 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 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, GSL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
5.2 History
The dividend of GSL is nicely growing with an annual growth rate of 53.55%!
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%
34.49
+0.67 (+1.98%)
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 Cap1.23B
Revenue(TTM)711.05M
Net Income(TTM)383.01M
Analysts77.5
Price Target38.42 (11.39%)
Short Float %2.44%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.35% |
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)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 | 3.29 | ||
| Fwd PE | 3.37 | ||
| P/S | 1.67 | ||
| P/FCF | 7.66 | ||
| P/OCF | 2.77 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 3.04 |
EPS(TTM)10.49
EY30.41%
EPS(NY)10.23
Fwd EY29.66%
FCF(TTM)4.5
FCFY13.06%
OCF(TTM)12.47
OCFY36.16%
SpS20.67
BVpS45.93
TBVpS45.93
PEG (NY)1.12
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
WACC9.7%
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 2Y1.19%
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 9 / 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 3.29 and the Price/Book (PB) ratio is 0.75.
Can you provide the financial health for GSL stock?
The financial health rating of GLOBAL SHIP LEASE INC-CL A (GSL) is 5 / 10.