Global Ship Lease, Inc. (GSL) vs SFL Corporation Ltd. (SFL)

Global Ship Lease, Inc. and SFL Corporation Ltd. are both Marine Shipping companies. SFL Corporation Ltd. is the larger, with a market value of $2.0B against $1.6B — 1.2× the size. Global Ship Lease, Inc. trades at the lower P/E: 4.3× against 26.6×. Global Ship Lease, Inc. grew revenue faster over the last twelve months: 5.55% against −15.6%. Global Ship Lease, Inc. has the higher net margin (47.9% vs 8.76%) and the higher return on invested capital (12.1% vs 3.83%). Both pay a dividend; SFL Corporation Ltd. yields more (8.19% vs 5.54%). Across the 23 metrics below, Global Ship Lease, Inc. leads on 22 and SFL Corporation Ltd. on 1.

Valuation

Metric GSL SFL Marine Shipping median
P/E 4.25 26.63 6.89
P/S 2.04 2.36 1.92
P/B 0.82 1.66 0.90
Price to free cash flow 3.32 3.78 4.62
EV/EBITDA 3.31 9.24 6.57
EV/Sales 2.17 5.47 2.73
Earnings yield 23.52% 3.76% 9.59%
Free cash flow yield 30.10% 26.49% 16.76%

Profitability

Metric GSL SFL Marine Shipping median
Gross margin 68.83% 61.42% 60.61%
Operating margin 50.76% 27.73% 27.74%
Net margin 47.87% 8.76% 25.21%
Free cash flow margin 65.72% 62.49% 17.29%
Return on equity 20.81% 6.25% 8.62%
Return on assets 13.28% 1.71% 5.35%
Return on invested capital 12.11% 3.83% 5.32%

Growth

Metric GSL SFL Marine Shipping median
Revenue growth (TTM) 5.55% (15.61%) 13.26%
EPS growth (last fiscal year) 17.04% (119.80%) —
Revenue growth, 5-year CAGR 22.07% 9.25% 11.77%
Net income growth, 5-year CAGR 79.75% 0.00% 0.00%

Health

Metric GSL SFL Marine Shipping median
Debt to equity 0.35 2.30 0.52
Current ratio 2.13 0.38 1.63
Net debt to EBITDA 0.29 6.35 2.34

Dividend

Metric GSL SFL Marine Shipping median
Dividend yield 5.54% 8.19% 5.54%
Payout ratio 0.18 1.02 0.13

Size

Metric GSL SFL Marine Shipping median
Market cap 1.59b 1.95b 420.73m

Compare with another peer

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