Genco Shipping & Trading Limited

NYSE:GNK Stock Report

Market Cap: US$872.1m

Genco Shipping & Trading Valuation

Is GNK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GNK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GNK ($20.4) is trading below our estimate of fair value ($76.83)

Significantly Below Fair Value: GNK is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for GNK?

Other financial metrics that can be useful for relative valuation.

GNK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.4x
Enterprise Value/EBITDA9.1x
PEG Ratio5.6x

Price to Sales Ratio vs Peers

How does GNK's PS Ratio compare to its peers?

The above table shows the PS ratio for GNK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.9x
SB Safe Bulkers
2x-0.6%US$603.2m
EGLE Eagle Bulk Shipping
1.8x-6.7%US$693.2m
GSL Global Ship Lease
1.5x-5.6%US$999.2m
CPLP Capital Product Partners
2.6x14.0%US$985.8m
GNK Genco Shipping & Trading
2.1x-12.5%US$872.1m

Price-To-Sales vs Peers: GNK is expensive based on its Price-To-Sales Ratio (2.1x) compared to the peer average (1.9x).


Price to Earnings Ratio vs Industry

How does GNK's PE Ratio compare vs other companies in the US Shipping Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.6%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a16.6%
n/an/an/a
No more companies

Price-To-Sales vs Industry: GNK is expensive based on its Price-To-Sales Ratio (2.1x) compared to the US Shipping industry average (1.3x).


Price to Sales Ratio vs Fair Ratio

What is GNK's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GNK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ratio0.6x

Price-To-Sales vs Fair Ratio: GNK is expensive based on its Price-To-Sales Ratio (2.1x) compared to the estimated Fair Price-To-Sales Ratio (0.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GNK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$20.40
US$25.53
+25.1%
10.8%US$30.00US$21.00n/a7
Jun ’25US$22.52
US$25.53
+13.4%
10.8%US$30.00US$21.00n/a7
May ’25US$21.76
US$23.93
+10.0%
8.5%US$27.00US$21.00n/a7
Apr ’25US$20.38
US$23.21
+13.9%
14.6%US$27.00US$16.00n/a7
Mar ’25US$20.69
US$23.21
+12.2%
14.6%US$27.00US$16.00n/a7
Feb ’25US$17.57
US$21.64
+23.2%
15.7%US$27.00US$16.00n/a7
Jan ’25US$16.59
US$21.00
+26.6%
15.8%US$27.00US$16.00n/a8
Dec ’24US$16.13
US$20.88
+29.4%
16.8%US$27.00US$15.00n/a8
Nov ’24US$12.99
US$21.81
+67.9%
13.9%US$27.00US$18.00n/a7
Oct ’24US$13.99
US$21.96
+56.9%
14.0%US$27.00US$18.00n/a7
Sep ’24US$13.81
US$22.89
+65.7%
12.8%US$27.00US$18.00n/a7
Aug ’24US$14.37
US$22.89
+59.3%
12.8%US$27.00US$18.00n/a7
Jul ’24US$14.03
US$23.40
+66.8%
12.5%US$27.00US$18.00n/a7
Jun ’24US$12.99
US$23.69
+82.3%
10.4%US$27.00US$20.00US$22.527
May ’24US$14.87
US$23.73
+59.6%
10.6%US$27.10US$20.00US$21.767
Apr ’24US$15.66
US$23.77
+51.8%
10.8%US$27.40US$20.00US$20.387
Mar ’24US$19.52
US$23.77
+21.8%
10.8%US$27.40US$20.00US$20.697
Feb ’24US$18.05
US$23.36
+29.4%
12.5%US$27.50US$20.00US$17.577
Jan ’24US$15.36
US$23.34
+51.9%
19.2%US$28.00US$15.00US$16.598
Dec ’23US$14.44
US$23.34
+61.6%
19.2%US$28.00US$15.00US$16.138
Nov ’23US$14.10
US$24.26
+72.1%
20.0%US$29.00US$15.00US$12.998
Oct ’23US$12.53
US$24.94
+99.0%
21.6%US$31.00US$15.00US$13.998
Sep ’23US$14.01
US$26.36
+88.1%
18.7%US$31.00US$15.00US$13.817
Aug ’23US$19.84
US$26.53
+33.7%
13.9%US$31.00US$19.00US$14.377
Jul ’23US$18.10
US$26.55
+46.7%
14.3%US$31.00US$19.00US$14.036
Jun ’23US$25.66
US$27.29
+6.3%
13.0%US$31.00US$19.00US$12.998

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.