-1.30%
-0.82%
-9.34%
-20.42%
-16.22%
-10.58%
89.27%
Stock-Card

AI Spotlight on GNK

Company Description

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide.The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes.It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities.


As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons.Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

Market Data

Last Price 14.46
Change Percentage -1.30%
Open 14.65
Previous Close 14.65
Market Cap ( Millions) 618
Volume 361571
Year High 23.43
Year Low 13.51
M A 50 14.89
M A 200 18.25

Financial Ratios

FCF Yield 6.77%
Dividend Yield 10.86%
ROE 7.46%
Debt / Equity 7.96%
Net Debt / EBIDTA 18.32%
Price To Book 0.67
Price Earnings Ratio 9.08
Price To FCF 14.76
Price To sales 1.41
EV / EBITDA 4.32

News

Business Breakdown

Expected Mid-Term Growth

Segment n°1 -> Spot Market Voyage

Expected Growth : 4.83 %

What the company do ?

Spot Market Voyage refers to a single trip by a vessel, chartered by Genco Shipping & Trading Limited, where the vessel is hired for a specific route and cargo, with no long-term commitment.

Why we expect these perspectives ?

The 4.83% growth in Spot Market Voyage from Genco Shipping & Trading Limited is driven by increasing global trade, rising commodity demand, and a growing need for dry bulk shipping. Additionally, the company's modern fleet and operational efficiency have enabled it to capitalize on the upswing in the shipping market, further contributing to its growth.

Segment n°2 -> Lease

Expected Growth : 4.83 %

What the company do ?

Genco Shipping & Trading Limited's lease refers to a contractual agreement where the company obtains a ship for a fixed period in exchange for regular payments.

Why we expect these perspectives ?

The 4.83% growth in the lease from Genco Shipping & Trading Limited is driven by increasing global trade, rising commodity demand, and a growing need for dry bulk shipping. Additionally, Genco's modern fleet and operational efficiency have enabled it to capitalize on the upswing in the shipping market, further contributing to its growth.

Genco Shipping & Trading Limited Products

Product Range What is it ?
Dry Bulk Shipping Genco Shipping & Trading Limited provides dry bulk shipping services, transporting a wide range of dry bulk commodities such as iron ore, coal, and grains.
Chartering The company offers chartering services, providing vessels for short-term or long-term charter to customers in need of dry bulk cargo transportation.
Vessel Management Genco provides vessel management services, including technical management, crew management, and commercial management.
Freight Trading The company engages in freight trading, buying and selling freight forward agreements and other derivatives to manage risk and optimize returns.
Vessel Ownership Genco owns and operates a fleet of dry bulk vessels, providing a stable source of revenue through chartering and trading activities.

Genco Shipping & Trading Limited's Porter Forces

The threat of substitutes for Genco Shipping & Trading Limited is medium due to the availability of alternative modes of transportation, such as air and land transportation, which can substitute for sea transportation.

The bargaining power of customers for Genco Shipping & Trading Limited is high due to the concentration of major charterers and the ability of these customers to negotiate better rates and terms.

The bargaining power of suppliers for Genco Shipping & Trading Limited is low due to the availability of multiple suppliers of ships and shipping services, which reduces the bargaining power of individual suppliers.

The threat of new entrants for Genco Shipping & Trading Limited is low due to the high barriers to entry, including the need for significant capital investment and regulatory compliance.

The intensity of rivalry for Genco Shipping & Trading Limited is high due to the competitive nature of the shipping industry, with many players competing for market share and charter rates.

Strength

Weaknesses

Opportunities

Threats

Capital Structure

Value
Debt Weight 17.41%
Debt Cost 4.34%
Equity Weight 82.59%
Equity Cost 9.44%
WACC 8.56%
Leverage 21.07%

Genco Shipping & Trading Limited : Quality Control

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
SFL SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term …
PANL Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, …
ASC Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical …
SMHI SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore oil, natural gas, and windfarm facilities worldwide. Its offshore support and specialty vessels deliver cargo and personnel to …
ALC.TO Algoma Central Corporation owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes - St. Lawrence Waterway in Canada. The company operates in six segments: …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
14.46$
Current Price
14.46$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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