GSL Stock Analysis: Global Ship Lease | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.406m USD | 12M Return: 34.7% | MHY271836006 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.9M
EPS Trend: 71.6%
Qual. Beats: 3
Rev. Trend: 98.5%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Global Ship Lease (NYSE: GSL) is an Athens-based containership owner that charters its vessels to container liner companies under fixed-rate contracts, providing operators with capacity without the capital burden of ship ownership. Founded in 2007, the company owns mid-sized and smaller containerships, a segment that tends to serve regional and feeder trade routes rather than the largest Asia-Europe mainlanes. Its business model is asset-heavy and cash-flow sensitive, with revenue tied to long-term charter rates and asset values swinging with charter market conditions. The container shipping sector is cyclical, influenced by global trade volumes, newbuild orderbook, and scrapping rates, while fixed-rate charters offer more predictable earnings in exchange for foregoing upside during rate spikes.
- Red Sea disruptions extend, supporting elevated charter rates
- Fixed-rate charter backlog provides multi-year revenue visibility
- Refinancing of high-yield debt pressures net interest margins
| Net Income: 389.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 2.43 > 1.0 |
| NWC/Revenue: 30.86% < 20% (prev 45.29%; Δ -14.43% < -1%) |
| CFO/TA 0.17 > 3% & CFO 520.6m > Net Income 389.6m |
| Net Debt (110.5m) to EBITDA (551.7m): 0.20 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.1m) vs 12m ago 0.95% < -2% |
| Gross Margin: 52.11% > 18% (prev 54.12%; Δ -2.02% > 0.5%) |
| Asset Turnover: 27.65% > 50% (prev 28.13%; Δ -0.47% > 0%) |
| Interest Coverage Ratio: 11.89 > 6 (EBIT TTM 419.2m / Interest Expense TTM 35.3m) |
| A: 0.08 (Total Current Assets 639.4m - Total Current Liabilities 397.8m) / Total Assets 2.99b |
| B: 0.44 (Retained Earnings 1.32b / Total Assets 2.99b) |
| C: 0.15 (EBIT TTM 419.2m / Avg Total Assets 2.83b) |
| D: 2.10 (Book Value of Equity 2.03b / Total Liabilities 965.4m) |
| Altman-Z'' = 5.16 = AAA |
| DSRI: 1.21 (Receivables 41.9m/33.1m, Revenue 782.7m/750.4m) |
| GMI: 1.04 (GM 54.12% / 52.11%) |
| AQI: 1.29 (AQ_t 0.07 / AQ_t-1 0.06) |
| SGI: 1.04 (Revenue 782.7m / 750.4m) |
| TATA: -0.04 (NI 389.6m - CFO 520.6m) / TA 2.99b) |
| Beneish M = -2.62 (Cap -4..+1) = A |
As of November 14, 2026, the stock is trading at USD 43.05 with a total of 161,602 shares traded. Over the past week, the price has changed by +10.30%, over one month by -4.74%, over three months by +5.30% and over the past year by +34.70%.
Current recommended Stop Loss: 41.30 (which is 4.1% or 1.4 ATR below the current price).
Global Ship Lease has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy GSL.
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 51 | 18.5% |
P/E Trailing = 4.0238
P/E Forward = 3.1066
P/S = 2.0032
P/B = 0.7628
P/EG = 0.8742
Revenue TTM = 782.7m USD
EBIT TTM = 419.2m USD
EBITDA TTM = 551.7m USD
Long Term Debt = 541.6m USD (from longTermDebt, last fiscal year)
Short Term Debt = 262.4m USD (from shortTermDebt, last quarter)
Debt = 652.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 19.1m
Net Debt = 110.5m USD (calculated: Debt 652.8m - CCE 542.3m)
Enterprise Value = 1.52b USD (1.41b + Debt 652.8m - CCE 542.3m)
Interest Coverage Ratio = 11.89 (Ebit TTM 419.2m / Interest Expense TTM 35.3m)
EV/FCF = 6.55x (Enterprise Value 1.52b / FCF TTM 231.6m)
FCF Yield = 15.27% (FCF TTM 231.6m / Enterprise Value 1.52b)
FCF Margin = 29.59% (FCF TTM 231.6m / Revenue TTM 782.7m)
Net Margin = 49.78% (Net Income TTM 389.6m / Revenue TTM 782.7m)
Gross Margin = 52.11% ((Revenue TTM 782.7m - Cost of Revenue TTM 374.8m) / Revenue TTM)
Gross Margin QoQ = 54.40% (prev 49.21%)
Tobins Q-Ratio = 0.51 (Enterprise Value 1.52b / Total Assets 2.99b)
Interest Expense / Debt = 5.40% (Interest Expense 35.3m / Debt 652.8m)
Taxrate = 0.0% (0.0 / 416.5m)
NOPAT = 419.2m (EBIT 419.2m * (1 - 0.00%))
Current Ratio = 1.61 (Total Current Assets 639.4m / Total Current Liabilities 397.8m)
Debt / Equity = 0.32 (Debt 652.8m / totalStockholderEquity, last quarter 2.03b)
Debt / EBITDA = 0.20 (Net Debt 110.5m / EBITDA 551.7m)
Debt / FCF = 0.48 (Net Debt 110.5m / FCF TTM 231.6m)
Total Stockholder Equity = 1.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.77% (Net Income 389.6m / Total Assets 2.99b)
RoE = 20.37% (Net Income TTM 389.6m / Total Stockholder Equity 1.91b)
RoCE = 17.08% (EBIT 419.2m / Capital Employed (Equity 1.91b + L.T.Debt 541.6m))
RoIC = 14.87% (NOPAT 419.2m / Invested Capital 2.82b)
WACC = 6.69% (E(1.41b)/V(2.06b) * Re(7.29%) + D(652.8m)/V(2.06b) * Rd(5.40%) * (1-Tc(0.0)))
Discount Rate = 7.29% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 86.70 | Cagr: 1.16%
[DCF] Terminal Value 77.97% ; FCFF base≈195.6m ; Y1≈224.2m ; Y5≈329.9m
[DCF] Fair Price = 134.7 (EV 4.96b - Net Debt 110.5m = Equity 4.85b / Shares 36.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 71.61 | EPS CAGR: 3.31% | SUE: 2.74 | # QB: 3
Revenue Correlation: 98.52 | Revenue CAGR: 5.78% | SUE: 1.81 | # QB: 1
EPS current Quarter (2027-03-31): EPS=2.33 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=10.42 | Chg30d=+5.39% | Revisions=+0% | GrowthEPS=+1.6% | GrowthRev=+2.5%
EPS next Year (2027-12-31): EPS=9.56 | Chg30d=+7.86% | Revisions=+0% | GrowthEPS=-8.2% | GrowthRev=-5.4%
[Analyst] Revisions Ratio: +0% (up=2, down=2)