Of note is the ratio of Genco Shipping & Trading Ltd's sales and general administrative expense to its total operating expenses; merely 5% of US stocks have a lower such ratio.
Over the past twelve months, GNK has reported earnings growth of -384.3%, putting it ahead of only 4.84% of US stocks in our set.
Genco Shipping & Trading Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 26.81%, greater than the shareholder yield of 90.89% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Genco Shipping & Trading Ltd are AXAS, HNRG, MTDR, PK, and CVE.
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) Company Bio
Genco Shipping & Trading transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. The company was founded in 2004 and is based in New York, New York.
GNK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Genco Shipping & Trading Ltd. To summarize, we found that Genco Shipping & Trading Ltd ranked in the 49th percentile in terms of potential gain offered. The most interesting components of our discounted cash flow analysis for Genco Shipping & Trading Ltd ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is -4.56; that's higher than merely 8.05% of US stocks in the Industrials sector that have positive free cash flow.
36% of the company's capital comes from equity, which is greater than only 18.35% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Genco Shipping & Trading Ltd? See CHRW, CSWI, FSTR, PXS, and HAYN.
Dry Bulk Shipping Rates Slashed In Half Tyler Durden Tue, 07/28/2020 - 12:05 By Greg Miller of Freightwaves, Fortunes rise and fall fast in ocean shipping. Easy come, easy go. Case in point: Dry bulk spot rates were surging throughout June and the first week of July. Today, they’re on a steep slide. “Levels for the big ships are spiraling downward,” brokerage Fearnleys wrote in its weekly report. “Every rally is followed by a correction, something that is currently taking place following one of the strongest rallies in recent memory,” commented Breakwave Advisors, creator of the BreakWave Dry Bulk Shipping ETF . Rates for Capesize bulkers (ships with capacity for around 180,000 deadweight tons or DWT) were down to $17,300 per day on Friday, according to Clarksons Platou Securities. That...