Genco Shipping & Trading Ltd

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GNK : NYSE : Services
$12.18 -0.24 | -1.93%
Today's Range: 12.1 - 13.0
Avg. Daily Volume: 100600.0
08/17/17 - 4:02 PM ET

Financial Analysis


GENCO SHIPPING & TRADING's gross profit margin for the second quarter of its fiscal year 2017 has significantly increased when compared to the same period a year ago. The company grew its sales and net income significantly quarter versus same quarter a year prior, and was able to outpace the average competitor in the industry when comparing net income growth, but not when comparing revenue growth.

During the same period, stockholders' equity ("net worth") has increased by 5.26% from the same quarter last year.

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Income Statement Q2 FY17 Q2 FY16
Net Sales ($mil)45.3731.87
EBITDA ($mil)0.0-14.64
EBIT ($mil)-5.24-33.28
Net Income ($mil)-14.51-110.66


Balance Sheet Q2 FY17 Q2 FY16
Cash & Equiv. ($mil)181.076.16
Total Assets ($mil)1541.721530.39
Total Debt ($mil)515.62553.3
Equity ($mil)1001.87951.75


Profitability Q2 FY17 Q2 FY16
Gross Profit Margin5.25-2.47
EBITDA Margin0.0-45.93
Operating Margin-11.55-104.41
Sales Turnover0.110.09
Return on Assets-5.36-18.37
Return on Equity-8.25-29.55
Debt Q2 FY17 Q2 FY16
Current Ratio5.840.18
Debt/Capital0.340.37
Interest Expense7.567.01
Interest Coverage-0.69-4.74


Share Data Q2 FY17 Q2 FY16
Shares outstanding (mil)34.427.35
Div / share0.00.0
EPS-0.42-15.3
Book value / share29.11129.41
Institutional Own % n/a n/a
Avg Daily Volume99886.0139525.0

Valuation


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 0.38 indicates a significant discount versus the S&P 500 average of 3.03 and a discount versus the industry average of 0.99. The price-to-sales ratio is above the S&P 500 average and well above the industry average, indicating a premium. The valuation analysis reveals that, GENCO SHIPPING & TRADING seems to be trading at a premium to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
GNK NM Peers 23.36   GNK NM Peers 67.63

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.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
GNK 33.10 Peers 20.54   GNK NA Peers 10.96

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.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
GNK 0.38 Peers 0.99   GNK 79.29 Peers -79.53

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.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
GNK 2.29 Peers 1.72   GNK 20.77 Peers 8.84

Premium. 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 premium to its industry.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

GNK has a sales growth rate that significantly exceeds its peers.

 

 

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