GNK Valuation

Genco Shipping & Trading Ltd

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16.910

-0.04(-0.236%)1D

GNK Relative Valuation

GNK's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, GNK is overvalued; if below, it's undervalued.

Historical Valuation

Genco Shipping & Trading Ltd (GNK) is now in the Fair zone, suggesting that its current forward PE ratio of 13.26 is considered Fairly compared with the five-year average of 11.63. The fair price of Genco Shipping & Trading Ltd (GNK) is between 6.65 to 24.73 according to relative valuation methord.

Relative Value

Fair Zone

6.65-24.73

Current Price：16.91

Fair

13.10

Trailing

Forward

6.40

EV/EBITDA

Genco Shipping & Trading Ltd. (GNK) has a current EV/EBITDA of 6.40. The 5-year average EV/EBITDA is 5.26. The thresholds are as follows: Strongly Undervalued below 2.24, Undervalued between 2.24 and 3.75, Fairly Valued between 6.77 and 3.75, Overvalued between 6.77 and 8.28, and Strongly Overvalued above 8.28. The current Forward EV/EBITDA of 6.40 falls within the Historic Trend Line -Fairly Valued range.

17.86

EV/EBIT

Genco Shipping & Trading Ltd. (GNK) has a current EV/EBIT of 17.86. The 5-year average EV/EBIT is 10.56. The thresholds are as follows: Strongly Undervalued below -0.73, Undervalued between -0.73 and 4.92, Fairly Valued between 16.21 and 4.92, Overvalued between 16.21 and 21.86, and Strongly Overvalued above 21.86. The current Forward EV/EBIT of 17.86 falls within the Overvalued range.

16.91

Genco Shipping & Trading Ltd. (GNK) has a current PS of 16.91. The 5-year average PS is 2.37. The thresholds are as follows: Strongly Undervalued below -0.30, Undervalued between -0.30 and 1.03, Fairly Valued between 3.70 and 1.03, Overvalued between 3.70 and 5.03, and Strongly Overvalued above 5.03. The current Forward PS of 16.91 falls within the Strongly Overvalued range.

6.21

P/OCF

Genco Shipping & Trading Ltd. (GNK) has a current P/OCF of 6.21. The 5-year average P/OCF is 4.61. The thresholds are as follows: Strongly Undervalued below 1.16, Undervalued between 1.16 and 2.89, Fairly Valued between 6.34 and 2.89, Overvalued between 6.34 and 8.06, and Strongly Overvalued above 8.06. The current Forward P/OCF of 6.21 falls within the Historic Trend Line -Fairly Valued range.

6.82

P/FCF

Genco Shipping & Trading Ltd. (GNK) has a current P/FCF of 6.82. The 5-year average P/FCF is 7.72. The thresholds are as follows: Strongly Undervalued below -16.52, Undervalued between -16.52 and -4.40, Fairly Valued between 19.84 and -4.40, Overvalued between 19.84 and 31.96, and Strongly Overvalued above 31.96. The current Forward P/FCF of 6.82 falls within the Historic Trend Line -Fairly Valued range.

Genco Shipping & Trading Ltd (GNK) has a current Price-to-Book (P/B) ratio of 0.83. Compared to its 3-year average P/B ratio of 0.75 , the current P/B ratio is approximately 10.87% higher. Relative to its 5-year average P/B ratio of 0.76, the current P/B ratio is about 8.69% higher. Genco Shipping & Trading Ltd (GNK) has a Forward Free Cash Flow (FCF) yield of approximately -0.03%. Compared to its 3-year average FCF yield of 10.13%, the current FCF yield is approximately -100.31% lower. Relative to its 5-year average FCF yield of 10.59% , the current FCF yield is about -100.30% lower.

0.83

P/B

Median3y

0.75

Median5y

0.76

-0.03

FCF Yield

Median3y

10.13

Median5y

10.59

Competitors Valuation Multiple

The average P/S ratio for GNK's competitors is 12.00, providing a benchmark for relative valuation. Genco Shipping & Trading Ltd Corp (GNK) exhibits a P/S ratio of 16.91, which is 40.86% above the industry average. Given its robust revenue growth of -19.54%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

GNK.N

Genco Shipping & Trading Ltd

Tsakos Energy Navigation Ltd

Nordic American Tankers Ltd

Ardmore Shipping Corp

Performance Decomposition

Market capitalization of GNK increased by 8.92% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -42.96 to -100.81.

The secondary factor is the Revenue Growth, contributed -19.54%to the performance.

Overall, the performance of GNK in the past 1 year is driven by P/E Change. Which is more unsustainable.

-19.54%

99.33M → 79.92M

Revenue Growth

-106.22%

21.72 → -1.35

Margin Expansion

134.68%

-42.96 → -100.81

P/E Change

8.92%