Genco Shipping & Trading Limited (GNK) vs SFL Corporation Ltd. (SFL)

Genco Shipping & Trading Limited and SFL Corporation Ltd. are both Marine Shipping companies. SFL Corporation Ltd. is the larger, with a market value of $2.0B against $1.2B — 1.7× the size. SFL Corporation Ltd. trades at the lower P/E: 26.6× against 28.4×. Genco Shipping & Trading Limited grew revenue faster over the last twelve months: 25.6% against −15.6%. Genco Shipping & Trading Limited has the higher net margin (9.15% vs 8.76%) and the lower return on invested capital (3.11% vs 3.83%). Both pay a dividend; SFL Corporation Ltd. yields more (8.19% vs 4.63%). Across the 21 metrics below, SFL Corporation Ltd. leads on 12 and Genco Shipping & Trading Limited on 9.

Valuation

Metric GNK SFL Marine Shipping median
P/E 28.36 26.63 6.89
P/S 2.60 2.36 1.92
P/B 1.29 1.66 0.90
Price to free cash flow n/m 3.78 4.62
EV/EBITDA 9.24 9.24 6.57
EV/Sales 3.16 5.47 2.73
Earnings yield 3.53% 3.76% 9.59%
Free cash flow yield (11.85%) 26.49% 16.76%

Profitability

Metric GNK SFL Marine Shipping median
Gross margin 43.86% 61.42% 60.61%
Operating margin 12.84% 27.73% 27.74%
Net margin 9.15% 8.76% 25.21%
Free cash flow margin (30.77%) 62.49% 17.29%
Return on equity 4.52% 6.25% 8.62%
Return on assets 3.50% 1.71% 5.35%
Return on invested capital 3.11% 3.83% 5.32%

Growth

Metric GNK SFL Marine Shipping median
Revenue growth (TTM) 25.64% (15.61%) 13.26%
EPS growth (last fiscal year) (105.71%) (119.80%) —
Revenue growth, 5-year CAGR (0.77%) 9.25% 11.77%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric GNK SFL Marine Shipping median
Debt to equity 0.36 2.30 0.52
Current ratio 2.97 0.38 1.63
Net debt to EBITDA 1.44 6.35 2.34

Dividend

Metric GNK SFL Marine Shipping median
Dividend yield 4.63% 8.19% 5.54%
Payout ratio 0.98 1.02 0.13

Size

Metric GNK SFL Marine Shipping median
Market cap 1.15b 1.95b 420.73m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack