Genco Shipping & Trading Ltd. (GNK) intrinsic value & 10-year financials
Genco Shipping & Trading Ltd. (GNK) has a Graham intrinsic value of $36.99 per share. At $24.51 on Oct 17, 2026, the stock trades 34% below that value. Over the last 10 fiscal years revenue grew 10.8% a year to $342.1M, with an average return on invested capital of -0.5%.
- Graham intrinsic value
- $36.99
- Share price (Oct 17, 2026)
- $24.51
- Price vs Graham value
- 34% below
- Market cap
- $1.1B
- Revenue (FY2025)
- $342.1M
- Revenue growth (10-yr CAGR)
- 10.8%
- ROIC (10-yr avg)
- -0.5%
- Free cash flow (FY2025)
- $28.7M
GNK 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $342.1M | -$4.4M | -$0.10 | $28.7M | 2.2% | -0.4% |
| FY2024 | $423.0M | $76.4M | $1.75 | $123.8M | 20.6% | 7.5% |
| FY2023 | $233.1M | -$12.9M | -$0.30 | $89.1M | -2.5% | -1.2% |
| FY2022 | $307.1M | $158.6M | $3.70 | $185.8M | 54.4% | 14.9% |
| FY2021 | $386.9M | $182.0M | $4.27 | $229.5M | 52.0% | 17.4% |
| FY2020 | $277.2M | -$225.6M | -$5.38 | $32.3M | -73.4% | -19.1% |
| FY2019 | $281.4M | -$56.0M | -$1.34 | $54.8M | -10.1% | -4.1% |
| FY2018 | $367.5M | -$32.9M | -$0.86 | $64.4M | 0.1% | -2.4% |
| FY2017 | $209.7M | -$58.7M | -$1.71 | $26.2M | -14.1% | -4.3% |
| FY2016 | $135.6M | -$217.8M | -$30.03 | -$50.3M | -137.5% | -13.2% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
GENCO SHIPPING & TRADING LTD is a consistent compounder, expanding top-line revenue at 10.8% annually over the past decade.
GENCO SHIPPING & TRADING LTD has historically struggled to out-earn its cost of capital, averaging just -0.5% ROIC.
GENCO SHIPPING & TRADING LTD has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, GENCO SHIPPING & TRADING LTD is modeled at 8.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $36.99 per share.