Genco Shipping & Trading LtdFind Ratings Reports
GENCO SHIPPING & TRADING's gross profit margin for the first quarter of its fiscal year 2016 has significantly decreased when compared to the same period a year ago. Sales and net income fell significantly; although net income growth outperformed the average competitor in its industry, revenue growth did not. GENCO SHIPPING & TRADING has very weak liquidity. Currently, the Quick Ratio is 0.18 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year, indicating deteriorating cash flow.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 3.78% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q1 FY16||Q1 FY15|
|Net Sales ($mil)||20.94||34.42|
|Net Income ($mil)||-54.48||-38.44|
|Balance Sheet||Q1 FY16||Q1 FY15|
|Cash & Equiv. ($mil)||95.1||78.53|
|Total Assets ($mil)||1644.1||1694.82|
|Total Debt ($mil)||561.1||434.61|
|Profitability||Q1 FY16||Q1 FY15|
|Gross Profit Margin||-62.98||2.83|
|Return on Assets||-12.83||-66.83|
|Return on Equity||-19.94||-111.13|
|Debt||Q1 FY16||Q1 FY15|
|Share Data||Q1 FY16||Q1 FY15|
|Shares outstanding (mil)||7.35||6.15|
|Div / share||0.0||0.0|
|Book value / share||143.83||165.62|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||320409.0||279538.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 0.05 indicates a significant discount versus the S&P 500 average of 2.81 and a discount versus the industry average of 1.31. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, GENCO SHIPPING & TRADING proves to trade at a discount to investment alternatives within the industry.
|GNK NM||Peers 13.30||GNK NM||Peers 6.77|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
GNK's P/E is negative making this valuation measure meaningless.
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
GNK's P/CF is negative making the measure meaningless.
|GNK NM||Peers 15.41||GNK NA||Peers 0.07|
Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.
GNK's ratio is negative making this valuation measure meaningless.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|GNK 0.05||Peers 1.31||GNK 82.92||Peers -5.90|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
GNK is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
GNK is expected to have an earnings growth rate that significantly exceeds its peers.
|GNK 0.37||Peers 1.41||GNK -26.57||Peers 3.55|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
GNK is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
GNK significantly trails its peers on the basis of sales growth