GENCO SHIPPING & TRADING LTD (GNK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GNK - MHY2685T1313 - Common Stock
18.92 USD
+0.08 (+0.42%)
18.92 USD
0 (0%)
GNK gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 35 industry peers in the Marine Transportation industry. GNK scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. GNK has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
GNK had negative earnings in the past year.
GNK had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GNK reported negative net income in multiple years.
In the past 5 years GNK always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -0.64%, GNK is not doing good in the industry: 68.57% of the companies in the same industry are doing better.
GNK has a Return On Equity of -0.80%. This is in the lower half of the industry: GNK underperforms 65.71% of its industry peers.
GNK has a worse Return On Invested Capital (0.29%) than 74.29% of its industry peers.
GNK had an Average Return On Invested Capital over the past 3 years of 6.73%. This is significantly below the industry average of 18.17%.
The last Return On Invested Capital (0.29%) for GNK is well below the 3 year average (6.73%), which needs to be investigated, but indicates that GNK had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.64% | ||
| ROE | -0.8% | ||
| ROIC | 0.29% |
ROA(3y)6.54%
ROA(5y)3.29%
ROE(3y)7.74%
ROE(5y)2.56%
ROIC(3y)6.73%
ROIC(5y)6.81%
1.3 Margins
GNK's Profit Margin has declined in the last couple of years.
GNK has a Operating Margin of 1.18%. This is in the lower half of the industry: GNK underperforms 77.14% of its industry peers.
GNK's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 34.02%, GNK is doing worse than 62.86% of the companies in the same industry.
In the last couple of years the Gross Margin of GNK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.18% | ||
| PM (TTM) | N/A | ||
| GM | 34.02% |
OM growth 3Y-20.17%
OM growth 5YN/A
PM growth 3Y-18.42%
PM growth 5YN/A
GM growth 3Y-5.33%
GM growth 5Y10.39%
2. Health
2.1 Basic Checks
GNK has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GNK has more shares outstanding than it did 1 year ago.
GNK has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GNK has an improved debt to assets ratio.
2.2 Solvency
GNK has an Altman-Z score of 1.85. This is not the best score and indicates that GNK is in the grey zone with still only limited risk for bankruptcy at the moment.
GNK has a better Altman-Z score (1.85) than 65.71% of its industry peers.
GNK has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of GNK (0.18) is better than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.85 |
ROIC/WACC0.04
WACC8.39%
2.3 Liquidity
A Current Ratio of 2.36 indicates that GNK has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.36, GNK is doing good in the industry, outperforming 74.29% of the companies in the same industry.
GNK has a Quick Ratio of 1.98. This is a normal value and indicates that GNK is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of GNK (1.98) is better than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
The earnings per share for GNK have decreased strongly by -107.82% in the last year.
Measured over the past years, GNK shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -26.99% on average per year.
Looking at the last year, GNK shows a very negative growth in Revenue. The Revenue has decreased by -24.58% in the last year.
GNK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.66% yearly.
EPS 1Y (TTM)-107.82%
EPS 3Y-26.99%
EPS 5YN/A
EPS Q2Q%-102.44%
Revenue 1Y (TTM)-24.58%
Revenue growth 3Y-8.22%
Revenue growth 5Y1.66%
Sales Q2Q%-0.03%
3.2 Future
Based on estimates for the next years, GNK will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.27% on average per year.
The Revenue is expected to decrease by -9.00% on average over the next years.
EPS Next Y-79.9%
EPS Next 2Y-18.56%
EPS Next 3Y9.27%
EPS Next 5YN/A
Revenue Next Year-20.42%
Revenue Next 2Y-2.6%
Revenue Next 3Y-9%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
GNK reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
GNK is valuated rather expensively with a Price/Forward Earnings ratio of 17.29.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GNK is on the same level as its industry peers.
GNK is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 17.29 |
4.2 Price Multiples
77.14% of the companies in the same industry are cheaper than GNK, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 11.39 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-18.56%
EPS Next 3Y9.27%
5. Dividend
5.1 Amount
GNK has a Yearly Dividend Yield of 3.45%. Purely for dividend investing, there may be better candidates out there.
GNK's Dividend Yield is a higher than the industry average which is at 7.57.
GNK's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
On average, the dividend of GNK grows each year by 25.86%, which is quite nice.
GNK has been paying a dividend for over 5 years, so it has already some track record.
The dividend of GNK decreased recently.
Dividend Growth(5Y)25.86%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
GNK has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of GNK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-611.58%
EPS Next 2Y-18.56%
EPS Next 3Y9.27%
18.92
+0.08 (+0.42%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners58.92%
Inst Owner Change-4.87%
Ins Owners1.75%
Ins Owner Change2.22%
Market Cap812.80M
Revenue(TTM)331.33M
Net Income(TTM)-7.10M
Analysts80
Price Target21.85 (15.49%)
Short Float %8.86%
Short Ratio4.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend1.58
Dividend Growth(5Y)25.86%
DP-611.58%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-54.09%
Min EPS beat(2)-104.64%
Max EPS beat(2)-3.54%
EPS beat(4)0
Avg EPS beat(4)-34.62%
Min EPS beat(4)-104.64%
Max EPS beat(4)-3.54%
EPS beat(8)2
Avg EPS beat(8)-17.77%
EPS beat(12)5
Avg EPS beat(12)-13.34%
EPS beat(16)6
Avg EPS beat(16)-10.72%
Revenue beat(2)2
Avg Revenue beat(2)4.03%
Min Revenue beat(2)4.02%
Max Revenue beat(2)4.03%
Revenue beat(4)4
Avg Revenue beat(4)5.87%
Min Revenue beat(4)4.02%
Max Revenue beat(4)8.58%
Revenue beat(8)6
Avg Revenue beat(8)6.56%
Revenue beat(12)7
Avg Revenue beat(12)6.9%
Revenue beat(16)11
Avg Revenue beat(16)10.99%
PT rev (1m)1.42%
PT rev (3m)3.05%
EPS NQ rev (1m)4.21%
EPS NQ rev (3m)17.25%
EPS NY rev (1m)23.07%
EPS NY rev (3m)-0.61%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)3.49%
Revenue NY rev (1m)0.95%
Revenue NY rev (3m)-7.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 17.29 | ||
| P/S | 2.45 | ||
| P/FCF | N/A | ||
| P/OCF | 17.67 | ||
| P/B | 0.92 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | 11.39 |
EPS(TTM)-0.14
EYN/A
EPS(NY)1.09
Fwd EY5.78%
FCF(TTM)-0.54
FCFYN/A
OCF(TTM)1.07
OCFY5.66%
SpS7.71
BVpS20.62
TBVpS20.62
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.64% | ||
| ROE | -0.8% | ||
| ROCE | 0.37% | ||
| ROIC | 0.29% | ||
| ROICexc | 0.32% | ||
| ROICexgc | 0.32% | ||
| OM | 1.18% | ||
| PM (TTM) | N/A | ||
| GM | 34.02% | ||
| FCFM | N/A |
ROA(3y)6.54%
ROA(5y)3.29%
ROE(3y)7.74%
ROE(5y)2.56%
ROIC(3y)6.73%
ROIC(5y)6.81%
ROICexc(3y)7.06%
ROICexc(5y)7.32%
ROICexgc(3y)7.06%
ROICexgc(5y)7.32%
ROCE(3y)8.51%
ROCE(5y)8.62%
ROICexgc growth 3Y-24.91%
ROICexgc growth 5YN/A
ROICexc growth 3Y-24.91%
ROICexc growth 5YN/A
OM growth 3Y-20.17%
OM growth 5YN/A
PM growth 3Y-18.42%
PM growth 5YN/A
GM growth 3Y-5.33%
GM growth 5Y10.39%
F-Score2
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 2.06 | ||
| Cap/Depr | 94.41% | ||
| Cap/Sales | 20.84% | ||
| Interest Coverage | 0.44 | ||
| Cash Conversion | 59.67% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.36 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 1.85 |
F-Score2
WACC8.39%
ROIC/WACC0.04
Cap/Depr(3y)105.67%
Cap/Depr(5y)111.35%
Cap/Sales(3y)16.11%
Cap/Sales(5y)15.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-107.82%
EPS 3Y-26.99%
EPS 5YN/A
EPS Q2Q%-102.44%
EPS Next Y-79.9%
EPS Next 2Y-18.56%
EPS Next 3Y9.27%
EPS Next 5YN/A
Revenue 1Y (TTM)-24.58%
Revenue growth 3Y-8.22%
Revenue growth 5Y1.66%
Sales Q2Q%-0.03%
Revenue Next Year-20.42%
Revenue Next 2Y-2.6%
Revenue Next 3Y-9%
Revenue Next 5YN/A
EBIT growth 1Y-95.28%
EBIT growth 3Y-26.73%
EBIT growth 5YN/A
EBIT Next Year6.27%
EBIT Next 3Y23.17%
EBIT Next 5YN/A
FCF growth 1Y-128.77%
FCF growth 3Y-14.83%
FCF growth 5Y50.46%
OCF growth 1Y-47.8%
OCF growth 3Y-18.12%
OCF growth 5Y16.35%
GENCO SHIPPING & TRADING LTD / GNK FAQ
What is the ChartMill fundamental rating of GENCO SHIPPING & TRADING LTD (GNK) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GNK.
What is the valuation status for GNK stock?
ChartMill assigns a valuation rating of 1 / 10 to GENCO SHIPPING & TRADING LTD (GNK). This can be considered as Overvalued.
How profitable is GENCO SHIPPING & TRADING LTD (GNK) stock?
GENCO SHIPPING & TRADING LTD (GNK) has a profitability rating of 2 / 10.
Can you provide the financial health for GNK stock?
The financial health rating of GENCO SHIPPING & TRADING LTD (GNK) is 5 / 10.
What is the expected EPS growth for GENCO SHIPPING & TRADING LTD (GNK) stock?
The Earnings per Share (EPS) of GENCO SHIPPING & TRADING LTD (GNK) is expected to decline by -79.9% in the next year.