Frontierby eninvs

Language: EN · RU

← Region

Genco Shipping & Trading (GNK) USD

At a glance: strengths & risks
✗Revenue declining (-19%)✗Profit falling (-106%)✗Loss-making last FY✗Margins compressing (37%→24%)

Sector: Freight & shipping

Geography: Global shipping

COMM_GNK

Price chart

26.34 USDDay 1.35%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
26.34 USD · 1.35%
Market cap
1.1 bn USD

Growth

Δ revenue y/y
68.5%
Δ EBITDA y/y
218.3%

Multiples

P/E (LTM)
28.3x
P/B (FY)
1.3x
P/E (ann.)
17.2x
EV/EBITDA (LTM)
9.9x
EV/EBITDA (ann.)
7.9x

Cash return

Dividend yield
4.4%
FCF yield (LTM)
6.1%

Value creation

to target market cap (spot commodity model)
Upside (potential)
-28.0%
↓ details

Liquidity

Daily turnover (listing)
8.9 mln USD

Shares: yahoo_fundamentals_timeseries/GNK

Financial results

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-06-30Q2 2026 (3M)PARTIAL136.4
y/y 68.5%
21.8
y/y —
22.4
y/y 23.5%
44.2
y/y 218.3%
16.6
y/y —
33.2-0.71261.4
y/y 21.3%
888.6
y/y -0.3%
7.5%245.9Link
2026-03-31Q1 2026 (3M)OK114.4
y/y 60.6%
13.3
y/y —
21.0
y/y 19.1%
34.4
y/y 335.1%
9.3
y/y —
15.7-0.41252.0
y/y 20.6%
885.4
y/y -2.0%
4.2%269.7Link
2025-12-31Q4 2025 (3M)OK109.9
y/y 10.8%
19.0
y/y 30.3%
21.1
y/y 19.2%
40.2
y/y 24.2%
15.4
y/y 21.6%
15.9-0.21138.1
y/y 7.7%
896.5
y/y -3.3%
-0.5%139.1Link
2025-09-30Q3 2025 (3M)OK79.9
y/y -19.5%
2.5
y/y -89.7%
19.3
y/y 16.1%
21.8
y/y -46.5%
-1.1
y/y -104.9%
7.7-1.21107.6
y/y 6.0%
885.9
y/y -4.7%
-0.2%74.0Link
2025-06-30Q2 2025 (3M)OK80.9
y/y -24.4%
-4.3
y/y -116.2%
18.1
y/y 6.1%
13.9
y/y -68.0%
-6.8
y/y -129.0%
5.4-1.11040.2
y/y -1.7%
891.6
y/y -3.3%
-3.0%57.8Link
2025-03-31Q1 2025 (3M)OK71.3
y/y -39.3%
-9.8
y/y -144.2%
17.7
y/y 2.6%
7.9
y/y -79.9%
-11.9
y/y -163.4%
2.9-0.71038.5
y/y -7.1%
903.2
y/y -1.3%
-5.2%53.3Link
2024-12-31Q4 2024 (3M)OK99.2
y/y -14.1%
14.6
y/y 107.6%
17.7
y/y 6.1%
32.3
y/y 36.2%
12.7
y/y 156.7%
30.0-0.81056.6
y/y -7.5%
926.7
y/y 1.5%
8.2%45.5Link
2024-09-30Q3 2024 (3M)OK99.3
y/y 19.2%
24.0
y/y —
16.6
y/y -2.4%
40.7
y/y —
21.5
y/y —
35.6-0.91044.5
y/y -4.6%
929.9
y/y 1.6%
3.1%27.4Link
2024-06-30Q2 2024 (3M)OK107.0
y/y 18.2%
26.3
y/y 102.0%
17.1
y/y 1.8%
43.4
y/y 45.6%
23.5
y/y 103.0%
29.0-1.11058.0
y/y -6.8%
921.8
y/y -3.4%
10.2%56.5Link
2024-03-31Q1 2024 (3M)OK117.4
y/y 24.4%
22.1
y/y 397.3%
17.2
y/y 8.0%
39.3
y/y 92.8%
18.8
y/y 613.7%
32.3-0.21117.8
y/y -2.3%
915.1
y/y -3.5%
8.2%115.8Link
2023-12-31Q4 2023 (3M)OK115.5
y/y —
7.0
y/y —
16.7
y/y —
23.7
y/y —
4.9
y/y —
39.6-0.51141.9
y/y —
913.3
y/y —
-1.4%147.7Link
2023-09-30Q3 2023 (3M)OK83.4
y/y —
-30.4
y/y —
17.0
y/y —
-13.3
y/y —
-32.0
y/y —
13.2-0.41095.0
y/y —
915.2
y/y —
-4.6%98.4Link
2023-06-30Q2 2023 (3M)OK90.6
y/y —
13.0
y/y —
16.8
y/y —
29.8
y/y —
11.6
y/y —
19.4-0.71135.4
y/y —
953.9
y/y —
4.9%105.5Link
2023-03-31Q1 2023 (3M)OK94.4
y/y —
4.4
y/y —
15.9
y/y —
20.4
y/y —
2.6
y/y —
19.6-1.11143.9
y/y —
948.5
y/y —
—117.9Link

Net debt structure (leases included, IFRS 16) 2026-06-30

Long-term debt (incl. LT leases)320
− Cash & equivalents74
Net debt246

Net debt / LTM EBITDA: 1.7x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

0501001502024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Year-over-year change

-200%0%200%400%2024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Cash flow

FCF ($ mln)

-150-100-500501002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Net debt / cash ($ mln)

01002003002024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q2

Profit and cash

Worth a look
In a typical year of 2021–2025 operating cash flow came to 1.27x of reported net profit; after capex, 1.26x. Loss years (2023, 2025) are left out of the ratio.
year20212022202320242025
cash flow / profit1.27x1.19x—1.66x—
accruals, % of assets-4.1%-2.6%-9.2%-4.8%-3.2%
Last twelve months (to 2025-Q3): 1.80x of profit came back as operating cash flow.
net debt / EBITDA 1.7x · EBIT covers interest 0.6x · capex 0.0x of depreciation · dividends 41% of free cash flow
● Capex is 4% of depreciation - the asset base is being consumed faster than replaced.
● EBIT covers interest 0.6x.
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Key-commodity price — Baltic Exchange Dry Index

Current 2 863spot vs LTM +30%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -28.0% ▲ +0.1 pp 1d

Main driver: Baltic Exchange Dry Index +30% vs LTM; revenue ×1.26 vs costs ×1.08; EBITDA 153→170; at 6.3× EV/EBITDA → -28%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Baltic Exchange Dry Index (rev)+85%2 863.002 200.841 944.22+30%-12%
VLSFO America (cost)-25%820.50681.69716.59+20%+5%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue441
LTM EBITDA153
LTM cash costs (revenue − EBITDA)288
2 · Revenue projection
Revenue multiplier — spot×1.256 (+26%)
= Spot revenue553
Revenue multiplier — 3y price×0.901 (-10%)
= 3-year-price revenue397
3 · Costs projection
Cost multiplier — spot×1.081 (+8%)
= Spot cash costs311
Cost multiplier — 3y price×1.043 (+4%)
= 3-year-price cash costs300
4 · EBITDA projection (revenue − costs)
= Spot EBITDA242
= 3-year-price EBITDA97
Conservative EBITDA = min(spot, avg)170
5 · Valuation → target market cap
Historical EV/projected-EBITDA (75th pct)6.3x
Target EV = EV/EBITDA × conservative EBITDA1 071
Net debt245
Target market cap = EV − net debt825
Current market cap1 146

Upside = target market cap ÷ current − 1 = -28.0%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q38397-14.1%-1326-151.7%
2023 Q4116150-22.8%2471-66.7%
2024 Q1117123-4.4%3940-1.5%
2024 Q2107118-9.0%4333+30.5%
2024 Q399107-7.4%4124+69.9%
2024 Q49994+5.9%3221+56.8%
2025 Q17174-3.3%87+21.0%
2025 Q28187-7.2%1425-44.3%
2025 Q380112-28.7%2248-55.0%
2025 Q4110110-0.3%4047-15.1%
2026 Q111497+17.7%3430+15.0%
2026 Q2136132+3.0%5754+5.5%

Revenue growth & acceleration

Growth decelerating ▼
Last-year revenue growth -19% vs +10% the year before — a -29.3 pp move. 3-year CAGR -14%.
revenue growth by year: 2023 -29% · 2024 +10% · 2025 -19%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 6.5x · target 75th pct (3y) 6.3x · LTM avg 12.0x

EV/EBITDA (LTM)EV/EBITDA (projected)target 75th pct (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-05-180.35 USDEx-dividend: 0.35 USD per sharePaidYahoo Finance (ex-div)
2026-03-110.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2025-11-170.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2025-08-180.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2025-05-220.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2025-03-110.3 USDEx-dividend: 0.3 USD per sharePaidYahoo Finance (ex-div)
2024-11-180.4 USDEx-dividend: 0.4 USD per sharePaidYahoo Finance (ex-div)
2024-08-190.34 USDEx-dividend: 0.34 USD per sharePaidYahoo Finance (ex-div)
2024-05-210.42 USDEx-dividend: 0.42 USD per sharePaidYahoo Finance (ex-div)
2024-03-050.41 USDEx-dividend: 0.41 USD per sharePaidYahoo Finance (ex-div)
2023-11-210.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2023-08-150.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2023-05-150.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2023-03-060.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2022-11-180.78 USDEx-dividend: 0.78 USD per sharePaidYahoo Finance (ex-div)
2022-08-150.5 USDEx-dividend: 0.5 USD per sharePaidYahoo Finance (ex-div)
2022-05-130.79 USDEx-dividend: 0.79 USD per sharePaidYahoo Finance (ex-div)
2022-03-090.67 USDEx-dividend: 0.67 USD per sharePaidYahoo Finance (ex-div)
2021-11-120.15 USDEx-dividend: 0.15 USD per sharePaidYahoo Finance (ex-div)
2021-08-160.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Genco Shipping & Trading (GNK) — from primary filings.

Genco Shipping & Trading Limited owns and operates dry bulk vessels that transport commodities such as iron ore, grains, coal, and steel products across global shipping routes.

Frequently asked questions

What is Genco Shipping & Trading (GNK)'s P/E ratio?
Genco Shipping & Trading (GNK) trades at a P/E of 28.3x (price to trailing 12-month earnings).
What is Genco Shipping & Trading (GNK)'s EV/EBITDA?
Genco Shipping & Trading (GNK) trades at 9.9x EV/EBITDA.
What is Genco Shipping & Trading (GNK)'s P/B ratio?
Genco Shipping & Trading (GNK) trades at a P/B of 1.3x.
What is Genco Shipping & Trading (GNK)'s dividend yield?
Genco Shipping & Trading (GNK)'s trailing 12-month dividend yield is 4.4%.
What is Genco Shipping & Trading (GNK)'s return on equity (ROE)?
Genco Shipping & Trading (GNK)'s ROE is 7.5%.
What is Genco Shipping & Trading (GNK)'s market capitalization?
Genco Shipping & Trading (GNK)'s market cap is 1.1 bn USD.

See also: The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map