Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. More Details
Very undervalued with solid track record.
Share Price & News
How has Global Ship Lease's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GSL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GSL's weekly volatility (11%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: GSL exceeded the US Shipping industry which returned 98.8% over the past year.
Return vs Market: GSL exceeded the US Market which returned 50.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Global Ship Lease's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StGlobal Ship Lease, Inc.'s (NYSE:GSL) Shares Not Telling The Full Story
3 months ago | Simply Wall StCould The Global Ship Lease, Inc. (NYSE:GSL) Ownership Structure Tell Us Something Useful?
4 months ago | Simply Wall StIs It Time To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?
Is Global Ship Lease undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GSL ($14.9) is trading below our estimate of fair value ($85.64)
Significantly Below Fair Value: GSL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GSL is good value based on its PE Ratio (12.2x) compared to the US Shipping industry average (14.3x).
PE vs Market: GSL is good value based on its PE Ratio (12.2x) compared to the US market (20.2x).
Price to Earnings Growth Ratio
PEG Ratio: GSL is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: GSL is good value based on its PB Ratio (0.6x) compared to the US Shipping industry average (0.9x).
How is Global Ship Lease forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GSL's forecast earnings growth (63.7% per year) is above the savings rate (2%).
Earnings vs Market: GSL's earnings (63.7% per year) are forecast to grow faster than the US market (15.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GSL's revenue (10.3% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: GSL's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GSL's Return on Equity is forecast to be high in 3 years time
How has Global Ship Lease performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSL has high quality earnings.
Growing Profit Margin: GSL's current net profit margins (7.7%) are higher than last year (6.7%).
Past Earnings Growth Analysis
Earnings Trend: GSL has become profitable over the past 5 years, growing earnings by 23% per year.
Accelerating Growth: GSL's earnings growth over the past year (24.1%) exceeds its 5-year average (23% per year).
Earnings vs Industry: GSL earnings growth over the past year (24.1%) exceeded the Shipping industry 20.6%.
Return on Equity
High ROE: GSL's Return on Equity (8.9%) is considered low.
How is Global Ship Lease's financial position?
Financial Position Analysis
Short Term Liabilities: GSL's short term assets ($98.6M) do not cover its short term liabilities ($112.2M).
Long Term Liabilities: GSL's short term assets ($98.6M) do not cover its long term liabilities ($697.2M).
Debt to Equity History and Analysis
Debt Level: GSL's debt to equity ratio (165.6%) is considered high.
Reducing Debt: GSL's debt to equity ratio has increased from 120.3% to 165.6% over the past 5 years.
Debt Coverage: GSL's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: GSL's interest payments on its debt are not well covered by EBIT (1.8x coverage).
What is Global Ship Lease current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GSL's dividend (3.22%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: GSL's dividend (3.22%) is low compared to the top 25% of dividend payers in the US market (3.41%).
Stability and Growth of Payments
Stable Dividend: GSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GSL has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ian Webber (62 yo)
Mr. Ian J. Webber has been the Chief Executive Officer of Global Ship Lease, Inc. (formerly GSL Holdings, Inc.) since August 2008. Mr. Webber served as Partner of PriceWaterhouse for many years and was emp...
Experienced Management: GSL's management team is considered experienced (2.5 years average tenure).
Experienced Board: GSL's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 103.8%.
Global Ship Lease, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Global Ship Lease, Inc.
- Ticker: GSL
- Exchange: NYSE
- Founded: NaN
- Industry: Marine
- Sector: Transportation
- Market Cap: US$540.624m
- Shares outstanding: 36.28m
- Website: https://www.globalshiplease.com
Number of Employees
- Global Ship Lease, Inc.
- 25 Wilton Road
- Greater London
- SW1V 1LW
- United Kingdom
Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2021, it owned 43 mid-sized and smaller containerships w...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/08 22:06|
|End of Day Share Price||2021/05/07 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.