Capital Clean Energy Carriers Corp. (CCEC) vs Genco Shipping & Trading Limited (GNK)

Capital Clean Energy Carriers Corp. and Genco Shipping & Trading Limited are both Marine Shipping companies. Capital Clean Energy Carriers Corp. is the larger, with a market value of $1.3B against $1.2B — 1.1× the size. Capital Clean Energy Carriers Corp. trades at the lower P/E: 11.6× against 28.4×. Genco Shipping & Trading Limited grew revenue faster over the last twelve months: 25.6% against 4.42%. Capital Clean Energy Carriers Corp. has the higher net margin (28.4% vs 9.15%) and the lower return on invested capital (2.94% vs 3.11%). Both pay a dividend; Genco Shipping & Trading Limited yields more (4.63% vs 3.27%). Across the 22 metrics below, Genco Shipping & Trading Limited leads on 12 and Capital Clean Energy Carriers Corp. on 10.

Valuation

Metric CCEC GNK Marine Shipping median
P/E 11.63 28.36 6.89
P/S 3.30 2.60 1.92
P/B 0.85 1.29 0.90
Price to free cash flow n/m n/m 4.62
EV/EBITDA 12.60 9.24 6.57
EV/Sales 10.05 3.16 2.73
Earnings yield 8.60% 3.53% 9.59%
Free cash flow yield (53.75%) (11.85%) 16.76%

Profitability

Metric CCEC GNK Marine Shipping median
Gross margin 76.77% 43.86% 60.61%
Operating margin 50.03% 12.84% 27.74%
Net margin 28.36% 9.15% 25.21%
Free cash flow margin (177.40%) (30.77%) 17.29%
Return on equity 7.79% 4.52% 8.62%
Return on assets 2.56% 3.50% 5.35%
Return on invested capital 2.94% 3.11% 5.32%

Growth

Metric CCEC GNK Marine Shipping median
Revenue growth (TTM) 4.42% 25.64% 13.26%
EPS growth (last fiscal year) 10.77% (105.71%) —
Revenue growth, 5-year CAGR 22.76% (0.77%) 11.77%
Net income growth, 5-year CAGR 41.25% 0.00% 0.00%

Health

Metric CCEC GNK Marine Shipping median
Debt to equity 1.89 0.36 0.52
Current ratio 1.15 2.97 1.63
Net debt to EBITDA 6.34 1.44 2.34

Dividend

Metric CCEC GNK Marine Shipping median
Dividend yield 3.27% 4.63% 5.54%
Payout ratio — 0.98 0.13

Size

Metric CCEC GNK Marine Shipping median
Market cap 1.29b 1.15b 420.73m

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