-1.10%
-4.89%
-10.31%
-14.53%
2.52%
-21.21%
196.43%
AI Spotlight on GSL
Company Description
Global Ship Lease, Inc.owns and charters containerships of various sizes under fixed-rate charters to container shipping companies.As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units.
The company was founded in 2007 and is based in London, the United Kingdom.
Market Data
| Last Price | 21.58 |
| Change Percentage | -1.10% |
| Open | 21.87 |
| Previous Close | 21.82 |
| Market Cap ( Millions) | 761 |
| Volume | 319030 |
| Year High | 30.32 |
| Year Low | 18.75 |
| M A 50 | 21.92 |
| M A 200 | 24.69 |
Financial Ratios
| FCF Yield | 52.39% |
| Dividend Yield | 7.65% |
| ROE | 25.43% |
| Debt / Equity | 49.05% |
| Net Debt / EBIDTA | 89.56% |
| Price To Book | 0.55 |
| Price Earnings Ratio | 2.33 |
| Price To FCF | 1.91 |
| Price To sales | 1.08 |
| EV / EBITDA | 2.52 |
News
- Jan -20 - Global Ship Lease: 8%+ Yield, Still Very Undervalued
- Jan -07 - Global Ship Lease: Undervalued In Current Market
- Jan -02 - Best Income Stocks to Buy for January 2nd
- Dec -16 - Global Ship Lease: A Solid Journey Across A Sea With Predictable Revenues
- Dec -16 - Global Ship Lease: Common Shares Are Getting More Interesting Than Preferreds
- Dec -04 - Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
- Dec -04 - Global Ship Lease Announces Agreement to Acquire Four High-Reefer ECO Containerships on Multi-Year Charters, with 10-Year Financing Committed
- Nov -11 - Global Ship Lease, Inc. (GSL) Q3 2024 Earnings Call Transcript
- Nov -11 - Global Ship Lease (GSL) Q3 Earnings Beat Estimates
- Nov -11 - Global Ship Lease Reports Results for the Third Quarter of 2024
- Oct -28 - Global Ship Lease Announces Third Quarter 2024 Earnings Release, Conference Call and Webcast
- Oct -22 - Global Ship Lease: Containership Market Update (Podcast Transcript)
- Oct -04 - Global Ship Lease Inc Company Update & Container Shipping Sector Developments & Outlook
- Sep -10 - Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
- Sep -06 - Global Ship Lease: Raised Dividend By 20%, Very Undervalued
- Aug -12 - Global Ship Lease Provides Update on Refinancing Activity
- Aug -09 - 7 Stocks Set to Explode in August 2024
- Aug -05 - Global Ship Lease, Inc. (GSL) Q2 2024 Earnings Call Transcript
- Aug -05 - Global Ship Lease (GSL) Beats Q2 Earnings and Revenue Estimates
- Aug -05 - Global Ship Lease Reports Results for the Second Quarter of 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Time Charters
Expected Growth : 4 %
What the company do ?
Time Charters from Global Ship Lease, Inc. are long-term agreements where a ship owner leases vessels to a charterer, providing a stable revenue stream.
Why we expect these perspectives ?
Strong demand for container shipping, driven by e-commerce growth and supply chain disruptions, has led to increased charter rates and utilization for Global Ship Lease's fleet. Additionally, the company's diversified customer base, long-term contracts, and modern fleet have contributed to its 4% growth in Time Charters.
Global Ship Lease, Inc. Products
| Product Range | What is it ? |
|---|---|
| Containerships | Global Ship Lease, Inc. offers a fleet of containerships that provide transportation services to major liner companies, carrying a wide range of goods including electronics, clothing, and food products. |
| Time Charters | The company provides time charter services, where vessels are leased to customers for a fixed period, offering flexibility and reliability in cargo transportation. |
| Bareboat Charters | Global Ship Lease, Inc. offers bareboat charter services, where vessels are leased to customers without crew or operational support, providing cost-effective solutions. |
| Vessel Management | The company provides technical and commercial management services, including vessel maintenance, repair, and operation, ensuring optimal performance and efficiency. |
Global Ship Lease, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Global Ship Lease, Inc. is medium due to the availability of alternative transportation methods, such as air freight and trucking, but the high cost and limited capacity of these alternatives reduce the threat.
Bargaining Power Of Customers
The bargaining power of customers for Global Ship Lease, Inc. is low due to the company's strong relationships with its customers and the lack of concentration in the customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Global Ship Lease, Inc. is medium due to the company's dependence on a few large suppliers, but the availability of alternative suppliers reduces the bargaining power.
Threat Of New Entrants
The threat of new entrants for Global Ship Lease, Inc. is low due to the high barriers to entry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for Global Ship Lease, Inc. is high due to the competitive nature of the shipping industry, with many players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 40.69% |
| Debt Cost | 5.53% |
| Equity Weight | 59.31% |
| Equity Cost | 11.28% |
| WACC | 8.94% |
| Leverage | 68.59% |
Global Ship Lease, Inc. : Quality Control
Global Ship Lease, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GCC.OL | Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It … |
| HXCK.DE | Ernst Russ AG is a publicly owned investment manager. It invest in shipping, alternative investments, real estate, private equity and renewable energy. Within ship participation, the firm invests in part-owning … |
| HAUTO.OL | Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, … |
| MPCC.OL | MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet … |
| DIS.MI | d'Amico International Shipping S.A., through its subsidiaries, operates as a marine transportation company worldwide. It primarily transports refined petroleum products and vegetable oils through various double-hulled vessels. The company serves … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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MPC Container Ships
A-Score
1-Year Total Return ->
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Gram Car Carriers
A-Score
1-Year Total Return ->
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Global Ship Lease
A-Score
1-Year Total Return ->
4
Ernst Russ
A-Score
1-Year Total Return ->
5
Höegh Autoliners
A-Score
1-Year Total Return ->
6
