GLOBAL SHIP LEASE INC-CL A (GSL) Stock Fundamental Analysis
USA - NYSE:GSL - MHY271836006 - Common Stock
34.51 USD
+0.42 (+1.23%)
34.74 USD
+0.23 (+0.67%)
We assign a fundamental rating of 6 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 is valued quite cheap, while showing a decent growth score. This is a good combination! 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
GSL had positive earnings in the past year.
In the past year GSL had a positive cash flow from operations.
In the past 5 years GSL has always been profitable.
GSL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GSL's Return On Assets of 14.49% is amongst the best of 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 better Return On Invested Capital (13.05%) than 88.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GSL 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
The Profit Margin of GSL (51.80%) is better than 91.43% of its industry peers.
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.
With an excellent Gross Margin value of 70.07%, GSL belongs to the best of the industry, outperforming 82.86% of the companies in the same industry.
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
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
An Altman-Z score of 2.14 indicates that GSL is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of GSL (2.14) is better than 74.29% of its industry peers.
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 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 Debt to Equity ratio of 0.37. This is in the better half of the industry: GSL outperforms 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
WACC9.7%
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.
GSL's Current ratio of 2.01 is fine compared to the rest of the industry. GSL outperforms 68.57% 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 has a better Quick ratio (1.94) than 68.57% 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.
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 -8.46% 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 -5.05% on average per year.
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
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 3.29 indicates a rather cheap valuation of GSL.
GSL's Price/Earnings ratio is rather cheap when compared to the industry. GSL is cheaper than 88.57% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, GSL is valued rather cheaply.
The Price/Forward Earnings ratio is 3.62, which indicates a rather cheap valuation of GSL.
GSL's Price/Forward Earnings ratio is rather cheap when compared to the industry. GSL is 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 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.29 | ||
| Fwd PE | 3.62 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GSL is valued a bit cheaper than the industry average as 74.29% of the companies are valued more expensively.
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 | 3.09 |
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 7.33%, which is a nice return.
Compared to an average industry Dividend Yield of 7.65, 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.33% |
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
GSL pays out 19.92% of its income as dividend. This is a sustainable payout ratio.
DP19.92%
EPS Next 2Y-2.29%
EPS Next 3Y-8.46%
34.51
+0.42 (+1.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners49.96%
Inst Owner Change-15.05%
Ins Owners1.89%
Ins Owner ChangeN/A
Market Cap1.23B
Revenue(TTM)711.05M
Net Income(TTM)383.01M
Analysts77.5
Price Target36.38 (5.42%)
Short Float %1.8%
Short Ratio1.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.33% |
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)7%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.14%
EPS NY rev (1m)0.15%
EPS NY rev (3m)6.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.1%
Revenue NY rev (1m)-0.81%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.29 | ||
| Fwd PE | 3.62 | ||
| P/S | 1.67 | ||
| P/FCF | 7.66 | ||
| P/OCF | 2.77 | ||
| P/B | 0.75 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 3.09 |
EPS(TTM)10.49
EY30.4%
EPS(NY)9.54
Fwd EY27.64%
FCF(TTM)4.5
FCFY13.05%
OCF(TTM)12.47
OCFY36.14%
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
WACC9.7%
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 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 3.29 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 6 / 10.