Genco Shipping & Trading Ltd.Find Ratings Reports
GENCO SHIPPING & TRADING's gross profit margin for the third 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. GENCO SHIPPING & TRADING is extremely liquid. Currently, the Quick Ratio is 4.75 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has increased from the same period last year, indicating improving cash flow.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 4.71% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
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|Income Statement||Q3 FY17||Q3 FY16|
|Net Sales ($mil)||51.16||38.89|
|Net Income ($mil)||-31.18||-27.51|
|Balance Sheet||Q3 FY17||Q3 FY16|
|Cash & Equiv. ($mil)||161.1||59.53|
|Total Assets ($mil)||1516.48||1493.46|
|Total Debt ($mil)||519.38||540.46|
|Profitability||Q3 FY17||Q3 FY16|
|Gross Profit Margin||37.69||18.25|
|Return on Assets||-5.69||-16.21|
|Return on Equity||-8.88||-26.09|
|Debt||Q3 FY17||Q3 FY16|
|Share Data||Q3 FY17||Q3 FY16|
|Shares outstanding (mil)||34.44||7.35|
|Div / share||0.0||0.0|
|Book value / share||28.23||126.21|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||104752.0||66283.0|
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 0.47 indicates a significant discount versus the S&P 500 average of 3.26 and a discount versus the industry average of 1.14. 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.
|GNK NM||Peers 14.86||GNK NM||Peers 9.85|
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 47.61||Peers 24.26||GNK NA||Peers 1.58|
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 0.47||Peers 1.14||GNK 84.42||Peers 69.65|
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 exceeds its peers.
|GNK 2.57||Peers 1.88||GNK 41.06||Peers 25.79|
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.