Genco Shipping & Trading Limited (GNK) vs Safe Bulkers, Inc (SB)

Genco Shipping & Trading Limited and Safe Bulkers, Inc are both Marine Shipping companies. Genco Shipping & Trading Limited is the larger, with a market value of $1.1B against $912.9M — 1.2× the size. Safe Bulkers, Inc trades at the lower P/E: 10.1× against 26.7×. Genco Shipping & Trading Limited grew revenue faster over the last twelve months: 25.6% against 10.8%. Safe Bulkers, Inc has the higher net margin (25.7% vs 9.15%) and the higher return on invested capital (5.56% vs 3.11%). Both pay a dividend; Genco Shipping & Trading Limited yields more (7.33% vs 2.99%). Across the 21 metrics below, Safe Bulkers, Inc leads on 12 and Genco Shipping & Trading Limited on 9.

Valuation

Metric GNK SB Marine Shipping median
P/E 26.70 10.06 8.37
P/S 2.45 2.60 1.87
P/B 1.21 0.96 0.86
Price to free cash flow n/m n/m 4.66
EV/EBITDA 9.15 10.59 6.48
EV/Sales 3.13 3.83 2.70
Earnings yield 3.75% 9.94% 10.65%
Free cash flow yield (12.59%) (5.60%) 17.95%

Profitability

Metric GNK SB Marine Shipping median
Gross margin 43.86% 63.42% 60.61%
Operating margin 12.84% 36.11% 27.74%
Net margin 9.15% 25.69% 25.21%
Free cash flow margin (30.77%) (14.56%) 16.32%
Return on equity 4.52% 0.00% 8.62%
Return on assets 3.50% 5.57% 5.35%
Return on invested capital 3.11% 5.56% 5.32%

Growth

Metric GNK SB Marine Shipping median
Revenue growth (TTM) 25.64% 10.81% 13.26%
EPS growth (last fiscal year) (105.71%) (63.86%) (16.82%)
Revenue growth, 5-year CAGR (0.77%) 6.83% 11.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GNK SB Marine Shipping median
Debt to equity 0.36 0.59 0.52
Current ratio 2.97 1.00 1.63
Net debt to EBITDA 1.44 2.88 2.34

Dividend

Metric GNK SB Marine Shipping median
Dividend yield 7.33% 2.99% 4.68%
Payout ratio 1.98 0.30 0.31

Size

Metric GNK SB Marine Shipping median
Market cap 1.09b 912.94m 391.73m

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