Stock fact sheet · data as of
Genco Shipping & Trading Limited (GNK): fair value, margin of safety and Wheel Score
Industrials · Marine Shipping · United States · High Yield Income
Is GNK undervalued?
Genco Shipping & Trading Limited (GNK) closed at 24.93 on 16 Oct 2026, 108% above the GLS average fair value of 12.01. 6 of the 7 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
The 7 models disagree widely: GLS Growth gives 2.69 while DDM gives 26.49. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files GNK under High Yield Income: a dividend yield above 4%.
Nine valuation models for GNK
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 5.73 | -77% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 20.46 | -18% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 14.83 | -41% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 3.68 | -85% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 2.69 | -89% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 26.49 | +6% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 10.21 | -59% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -3.06 | -112% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 29.00 | +16% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - GNK passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 0.2 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC -0.4%, ROE -0.5%, ROA -0.4% - with debt at 0.22 times equity and negative free cash flow.
The dividend yield is high at 7.22% (payout ratio 126%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Cargo and Freight 100% (quarter Q2 FY2026).
Institutional ownership scores 7/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | -0.4% |
|---|---|---|---|
| GLS Moat | 0.2 / 10 | ROE | -0.5% |
| Debt / equity | 0.22 | ROA | -0.4% |
| Free-cash-flow yield | -14.3% | Payout ratio | 126% |
| Institutions | 7 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 47: Weak
GNK scores 47 out of 100 on the Wheel Score, in the Weak band (under 50). Value 0/25, Health 13/20, Moat 0/15, Premium 20/20, Stability 13/20. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 46% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 5,477 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 611k shares a day on a market cap of $1.1B, with a beta of 0.93; the Stability part of the Wheel Score gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -108% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 0 / 15 | moat 0.2/10 | |
| Premium | 20 / 20 | implied volatility 46% | |
| Stability | 13 / 20 | 611k shares/day, $1.1B cap, beta 0.93 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 4 Nov 2026 (after the close), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Marine Shipping
The 12 companies below are the closest to Genco Shipping & Trading Limited by market cap within the Marine Shipping industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CCEC Capital Clean Energy Carriers Corp. | 20.25 | 17.09 | -18% | 50Fair | $1.2B |
| SB Safe Bulkers, Inc. | 8.22 | 9.29 | +11% | 73Good | $936M |
| NVGS Navigator Holdings Ltd. | 21.92 | 57.76 | +62% | 86Prime | $1.3B |
| GSL Global Ship Lease, Inc. | 42.00 | 128.81 | +67% | 79Good | $1.5B |
| ASC Ardmore Shipping Corporation | 18.98 | 22.71 | +16% | 71Good | $775M |
| HSHP Himalaya Shipping Ltd. | 16.24 | 35.94 | +55% | 39No options | $766M |
| FLNG FLEX LNG Ltd | 28.64 | 36.02 | +20% | 69Good | $1.5B |
| NAT Nordic American Tankers Limited | 7.82 | 6.67 | -17% | 58Fair | $1.7B |
| CMRE Costamare Inc. | 14.28 | 20.68 | +31% | 76Good | $1.7B |
| SFL SFL Corporation Ltd | 13.05 | 17.27 | +24% | 76Good | $1.7B |
| PANL Pangaea Logistics Solutions, Ltd. | 8.17 | 8.92 | +8% | 62Fair | $535M |
| ESEA Euroseas Ltd. | 67.45 | 213.07 | +68% | 39No options | $476M |
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Start free See the Sunday ScanQuestions about GNK
Is GNK undervalued right now?
No: at 24.93 the stock trades 108% above the GLS average fair value of 12.01 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of GNK and what does it mean?
GNK scores 47 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for GNK?
12.01 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Genco Shipping & Trading Limited report earnings next?
The next earnings report is due on 4 Nov 2026 (after the close), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does GNK have listed options, and how liquid are they?
Yes. The nightly snapshot found 76 listed contracts with 5,477 open interest across all expiries and implied volatility of 46% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.