Genco Shipping & Trading Ltd (GNK) stock analysis
Close on Nov 11, 2026Market cap $1.14BP/E 14.7Yield 2.87%
StockData Score
Prices as of Nov 11, 2026How the score works
Mixed11 of 30 checks passed
Genco Shipping & Trading passes 11 of the 30 checks behind our score; 4 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 2/6
- Growth
- 1/6
- Past performance
- 1/6
- Financial health
- 3/6
- Dividend
- 4/6
What stands out
Debt covered by cash flow
Operating cash flow over the last twelve months equals 35.5% of total debt.
Covered by free cash flow
Dividends take 61.5% of free cash flow.
EV/EBITDA below its 5-year median
Genco Shipping & Trading's EV/EBITDA of 7.6 is below its 5-year median of 7.7.
P/B below the industry
Genco Shipping & Trading's price-to-book of 1.28 is below the Water Transportation median of 2.12.
What to watch
Margin of safety under 20%
The price is 8.8% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $26.15 is above our fair value estimate of $24.03.
Return on equity under 15%
Return on equity was 8.9% over the last twelve months and averaged 9.0% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 7.3%, below the 10% that usually covers the cost of capital.
Valuation2/6
P/E above its 5-year median
Genco Shipping & Trading's P/E of 14.7 is above its own 5-year median of 9.2.
P/E above the industry
Genco Shipping & Trading's P/E of 14.7 is above the Water Transportation median of 12.7.
EV/EBITDA below its 5-year median
Genco Shipping & Trading's EV/EBITDA of 7.6 is below its 5-year median of 7.7.
P/B below the industry
Genco Shipping & Trading's price-to-book of 1.28 is below the Water Transportation median of 2.12.
Trading above fair value
The share price of $26.15 is above our fair value estimate of $24.03.
Margin of safety under 20%
The price is 8.8% above fair value, so there is no margin of safety.
Growth1/6
Revenue growing under 10% a year
Revenue grew -14.0% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growing faster than the industry
Revenue grew 54.7% over the last twelve months; the Water Transportation median is 1.2%.
Guidance lowered
Genco Shipping & Trading lowered its Q3 2026 Total Costs outlook on Aug 5, 2026.
Gross margin trend
This company does not report gross profit.
Past performance1/6
Return on equity under 15%
Return on equity was 8.9% over the last twelve months and averaged 9.0% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 7.3%, below the 10% that usually covers the cost of capital.
Return on equity below the industry
Genco Shipping & Trading's return on equity of 8.9% is below the Water Transportation median of 9.4%.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin above its 5-year average
Net margin was 15.5% over the last twelve months, against a 5-year average of 15.2%.
Net margin below the industry
Genco Shipping & Trading's net margin of 15.5% is below the Water Transportation median of 20.1%.
Financial health3/6
High debt
Debt is 41.4% of shareholders' equity, above the 40% we consider low.
Debt falling against equity
Debt to equity fell from 59.0% five years ago to 41.4%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 35.5% of total debt.
Interest not well covered
Operating income covers interest expense 4.8 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 2.58 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is 1.75; above 3 is the safe zone and below 1.8 the distress zone.
Dividend4/6
Pays a dividend
Genco Shipping & Trading paid dividends worth 6.9% of the share price over the last twelve months.
Yield above Treasuries
The 6.9% yield is above the 4.4% on a 1-year Treasury.
Yield in the top quarter
The top quarter of US dividend payers yield 3.8% or more; Genco Shipping & Trading yields 6.9%.
Dividend was cut
The dividend per share fell by more than 10% at least once in the last 7 fiscal years.
Not covered by earnings
Dividends take 99.8% of net income, leaving little room.
Covered by free cash flow
Dividends take 61.5% of free cash flow.
Fair value
How we estimate itOur estimate per share
$24.03
The share price is 9% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 10.9× | 9.2× | 12.7× | $19.44 | 40% |
| EV/EBITDA | 8.3× | 7.7× | 9.0× | $29.27 | 35% |
| P/B | 1.5× | 0.8× | 2.1× | $29.80 | 10% |
| Earnings power | 9.1% cost of equity | – | – | $20.23 | 15% |
| Fair value | $24.03 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 9.2
- Water Transportation median 12.7
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $14.47M
- Value traded per 1% price move
- $9.15M
Downside
Low risk
- Typical loss in a bad month
- 10.6%
- Volatility (annualized)
- 37%
- Sharpe ratio, 1 year
- 1.19
- Beta to the S&P 500 (5Y)
- 0.85
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -19.1% | -14.0% | -0.8% | +8.3% | |
| Operating income | -91.4% | -64.5% | – | – | |
| Free cash flow | -76.8% | -46.3% | -2.3% | – | |
| Dividend per share | -52.2% | -35.1% | +26.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -20.4% | -26.2% | -0.5% | |
| Return on assets | -13.3% | -16.3% | -0.4% | |
| Current ratio | 5.96 | 2.18 | 2.39 | |
| Debt to equity | 0.50 | 0.59 | 0.21 | |
| Net debt to EBITDA | -3.45× | -1.88× | 1.60× | |
| Interest coverage | -6.6× | -9.1× | 0.6× | |
| Capex to revenue | 0.2% | 1.3% | 0.9% | |
| Diluted shares | 7M | 42M | 43M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Genco Shipping & Trading generated $670.97M from operations and spent $284.46M on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.3% | 0.31× | 1.20× | -0.5% |
| FY2024 | 18.1% | 0.38× | 1.19× | 8.3% |
| FY2023 | -3.4% | 0.33× | 1.23× | -1.4% |
| FY2022 | 29.5% | 0.45× | 1.26× | 16.8% |
| FY2021 | 33.3% | 0.45× | 1.47× | 21.9% |
| FY2020 | -63.4% | 0.26× | 1.60× | -26.2% |
| FY2019 | -14.4% | 0.25× | 1.55× | -5.5% |
| FY2018 | -9.0% | 0.23× | 1.55× | -3.2% |
| FY2017 | -28.0% | 0.14× | 1.54× | -5.9% |
| FY2016 | -160.6% | 0.08× | 1.54× | -20.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero-$4.37M
- Cash generatingOperating cash flow above zero$31.89M
- Return on assets improvedROA up on the prior year6.7% → -0.4%
- Earnings backed by cashOperating cash flow above net income$31.89M vs -$4.37M
- Less leverageLong-term debt to assets fell7.8% → 16.6%
- Better liquidityCurrent ratio rose2.41 → 2.39
- No dilutionShare count did not rise44M → 43M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.37 → 0.32
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