GLOBAL SHIP LEASE INC-CL A (GSL)
MHY271836006 - Common Stock
Taking everything into account, GSL scores 7 out of 10 in our fundamental rating. GSL was compared to 28 industry peers in the Marine Transportation industry. GSL scores excellent points on both the profitability and health parts. This is a solid base for a good stock. GSL may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, GSL could be worth investigating further for value 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.
GSL had positive earnings in each of the past 5 years.
In the past 5 years GSL always reported a positive cash flow from operatings.
1.2 Ratios
GSL has a better Return On Assets (14.64%) than 80.77% of its industry peers.
Looking at the Return On Equity, with a value of 24.23%, GSL belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
GSL's Return On Invested Capital of 15.59% is amongst the best of the industry. GSL outperforms 92.31% of its industry peers.
GSL had an Average Return On Invested Capital over the past 3 years of 13.60%. This is significantly above the industry average of 7.54%.
The 3 year average ROIC (13.60%) for GSL is below the current ROIC(15.59%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.64% | ||
| ROE | 24.23% | ||
| ROIC | 15.59% |
ROA(3y)11.74%
ROA(5y)7.89%
ROE(3y)25.71%
ROE(5y)17.91%
ROIC(3y)13.6%
ROIC(5y)11.15%
1.3 Margins
GSL's Profit Margin of 45.55% is fine compared to the rest of the industry. GSL outperforms 73.08% of its industry peers.
GSL's Profit Margin has improved in the last couple of years.
GSL's Operating Margin of 54.07% is amongst the best of the industry. GSL outperforms 92.31% of its industry peers.
GSL's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 70.32%, GSL belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
In the last couple of years the Gross Margin of GSL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.07% | ||
| PM (TTM) | 45.55% | ||
| GM | 70.32% |
OM growth 3Y10.16%
OM growth 5Y6.51%
PM growth 3Y48.7%
PM growth 5YN/A
GM growth 3Y5.43%
GM growth 5Y0.67%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so GSL is creating value.
Compared to 1 year ago, GSL has less shares outstanding
The number of shares outstanding for GSL has been increased compared to 5 years ago.
GSL has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.97 indicates that GSL is not a great score, but indicates only limited risk for bankruptcy at the moment.
GSL has a better Altman-Z score (1.97) than 69.23% of its industry peers.
GSL has a debt to FCF ratio of 1.97. This is a very positive value and a sign of high solvency as it would only need 1.97 years to pay back of all of its debts.
GSL's Debt to FCF ratio of 1.97 is amongst the best of the industry. GSL outperforms 88.46% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that GSL is not too dependend on debt financing.
The Debt to Equity ratio of GSL (0.40) is better than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 1.97 | ||
| Altman-Z | 1.97 |
ROIC/WACC2.11
WACC7.38%
2.3 Liquidity
A Current Ratio of 1.42 indicates that GSL should not have too much problems paying its short term obligations.
GSL has a Current ratio of 1.42. This is in the lower half of the industry: GSL underperforms 61.54% of its industry peers.
GSL has a Quick Ratio of 1.36. This is a normal value and indicates that GSL is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.36, GSL perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
GSL does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.37% over the past year.
The Earnings Per Share has been growing by 71.19% on average over the past years. This is a very strong growth
GSL shows a small growth in Revenue. In the last year, the Revenue has grown by 7.45%.
The Revenue has been growing by 33.84% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)12.37%
EPS 3Y71.19%
EPS 5YN/A
EPS Q2Q%17.7%
Revenue 1Y (TTM)7.45%
Revenue growth 3Y33.63%
Revenue growth 5Y33.84%
Sales Q2Q%7.97%
3.2 Future
Based on estimates for the next years, GSL will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.00% on average per year.
The Revenue is expected to decrease by -5.50% on average over the next years.
EPS Next Y11.21%
EPS Next 2Y1.77%
EPS Next 3Y-11%
EPS Next 5YN/A
Revenue Next Year7.87%
Revenue Next 2Y1.6%
Revenue Next 3Y-5.5%
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 2.58 indicates a rather cheap valuation of GSL.
Based on the Price/Earnings ratio, GSL is valued cheaper than 80.77% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 30.97, GSL is valued rather cheaply.
GSL is valuated cheaply with a Price/Forward Earnings ratio of 2.71.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GSL indicates a rather cheap valuation: GSL is cheaper than 92.31% 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 (22.29), we can say GSL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.58 | ||
| Fwd PE | 2.71 |
4.2 Price Multiples
GSL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GSL is cheaper than 80.77% of the companies in the same industry.
GSL's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GSL is cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.47 | ||
| EV/EBITDA | 2.77 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of GSL may justify a higher PE ratio.
A cheap valuation may be justified as GSL's earnings are expected to decrease with -11.00% in the coming years.
PEG (NY)0.23
PEG (5Y)N/A
EPS Next 2Y1.77%
EPS Next 3Y-11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.77%, GSL is a good candidate for dividend investing.
GSL's Dividend Yield is a higher than the industry average which is at 6.53.
Compared to an average S&P500 Dividend Yield of 2.22, GSL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.77% |
5.2 History
The dividend of GSL is nicely growing with an annual growth rate of 36.74%!
GSL has been paying a dividend for over 5 years, so it has already some track record.
GSL has decreased its dividend in the last 3 years.
Dividend Growth(5Y)36.74%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
19.39% of the earnings are spent on dividend by GSL. This is a low number and sustainable payout ratio.
DP19.39%
EPS Next 2Y1.77%
EPS Next 3Y-11%
GLOBAL SHIP LEASE INC-CL A
NYSE:GSL (10/8/2024, 8:04:00 PM)
After market: 25.31 0 (0%)25.31
-0.31 (-1.21%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap892.43M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.77% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.58 | ||
| Fwd PE | 2.71 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.23
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.64% | ||
| ROE | 24.23% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 54.07% | ||
| PM (TTM) | 45.55% | ||
| GM | 70.32% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)12.37%
EPS 3Y71.19%
EPS 5Y
EPS Q2Q%
EPS Next Y11.21%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.45%
Revenue growth 3Y33.63%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y