GLOBAL SHIP LEASE INC-CL A (GSL) Stock Fundamental Analysis
NYSE:GSL - MHY271836006 - Common Stock
31.96 USD
+0.67 (+2.14%)
31.96 USD
0 (0%)
Taking everything into account, GSL scores 7 out of 10 in our fundamental rating. 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. These ratings would make GSL suitable 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.
In the past 5 years GSL has always been profitable.
In the past 5 years GSL always reported a positive cash flow from operatings.
1.2 Ratios
GSL's Return On Assets of 14.49% is amongst the best of the industry. GSL outperforms 88.57% of its industry peers.
GSL has a better Return On Equity (23.31%) than 91.43% of its industry peers.
GSL has a better Return On Invested Capital (13.05%) than 88.57% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GSL is significantly above the industry average of 7.67%.
| 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
GSL has a better Profit Margin (51.80%) than 91.43% of its industry peers.
In the last couple of years the Profit Margin of GSL has grown nicely.
GSL has a better Operating Margin (52.77%) than 94.29% 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.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), GSL is creating some value.
The number of shares outstanding for GSL has been increased compared to 1 year ago.
The number of shares outstanding for GSL has been increased compared to 5 years ago.
The debt/assets ratio for GSL has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.07 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 (2.07) 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.
With a decent Debt to FCF ratio value of 4.73, GSL is doing good in the industry, outperforming 68.57% of the companies in the same industry.
A Debt/Equity ratio of 0.37 indicates that GSL is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.37, GSL is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 4.73 | ||
| Altman-Z | 2.07 |
ROIC/WACC1.32
WACC9.86%
2.3 Liquidity
A Current Ratio of 2.01 indicates that GSL has no problem at all paying 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.
With a decent Quick ratio value of 1.94, GSL is doing good in 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 5.20%.
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 4.43% 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)5.2%
EPS 3Y29.78%
EPS 5Y45.56%
EPS Q2Q%8.54%
Revenue 1Y (TTM)4.43%
Revenue growth 3Y16.65%
Revenue growth 5Y22.19%
Sales Q2Q%9.64%
3.2 Future
Based on estimates for the next years, GSL will show a decrease in Earnings Per Share. The EPS will decrease by -8.39% on average per year.
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-0.62%
EPS Next 2Y-4.12%
EPS Next 3Y-8.39%
EPS Next 5YN/A
Revenue Next Year4.82%
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.
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 3.10, the valuation of GSL can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of GSL indicates a rather cheap valuation: GSL is cheaper than 91.43% of the companies listed in the same industry.
GSL is valuated cheaply when we compare the Price/Earnings ratio to 27.03, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 3.48, which indicates a rather cheap valuation of GSL.
94.29% of the companies in the same industry are more expensive than GSL, based on the Price/Forward Earnings ratio.
GSL is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.54, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.1 | ||
| Fwd PE | 3.48 |
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 80.00% of the companies listed in the same industry.
GSL's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GSL is cheaper than 74.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.06 | ||
| EV/EBITDA | 2.85 |
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 -8.39% in the coming years.
PEG (NY)N/A
PEG (5Y)0.07
EPS Next 2Y-4.12%
EPS Next 3Y-8.39%
5. Dividend
5.1 Amount
GSL has a Yearly Dividend Yield of 8.17%, which is a nice return.
Compared to an average industry Dividend Yield of 6.75, GSL pays a better dividend. On top of this GSL pays more dividend than 91.43% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.45, GSL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.17% |
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 2Y-4.12%
EPS Next 3Y-8.39%
31.96
+0.67 (+2.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)
Earnings (Next)
Inst Owners50.97%
Inst Owner Change15.47%
Ins Owners1.89%
Ins Owner ChangeN/A
Market Cap1.14B
Analysts77.5
Price Target36.38 (13.83%)
Short Float %2.35%
Short Ratio2.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.17% |
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)7%
PT rev (3m)10.31%
EPS NQ rev (1m)-1.53%
EPS NQ rev (3m)1.31%
EPS NY rev (1m)6.12%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)-1.41%
Revenue NQ rev (3m)3.65%
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)2.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.1 | ||
| Fwd PE | 3.48 | ||
| P/S | 1.54 | ||
| P/FCF | 7.06 | ||
| P/OCF | 2.55 | ||
| P/B | 0.69 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 2.85 |
EPS(TTM)10.32
EY32.29%
EPS(NY)9.18
Fwd EY28.73%
FCF(TTM)4.52
FCFY14.16%
OCF(TTM)12.53
OCFY39.2%
SpS20.76
BVpS46.14
TBVpS46.14
PEG (NY)N/A
PEG (5Y)0.07
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%
ROICexcg growth 3Y12.48%
ROICexcg 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 | 2.07 |
F-Score5
WACC9.86%
ROIC/WACC1.32
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)5.2%
EPS 3Y29.78%
EPS 5Y45.56%
EPS Q2Q%8.54%
EPS Next Y-0.62%
EPS Next 2Y-4.12%
EPS Next 3Y-8.39%
EPS Next 5YN/A
Revenue 1Y (TTM)4.43%
Revenue growth 3Y16.65%
Revenue growth 5Y22.19%
Sales Q2Q%9.64%
Revenue Next Year4.82%
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 Year31.4%
EBIT Next 3Y-0.85%
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%