GSL Stock Analysis: Global Ship Lease | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.630m USD | 12M Return: 65.4% | MHY271836006 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.6M
EPS Trend: 81.3%
Qual. Beats: 2
Rev. Trend: 98.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 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: 383.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 4.40 > 1.0 |
| NWC/Revenue: 45.74% < 20% (prev 38.94%; Δ 6.80% < -1%) |
| CFO/TA 0.17 > 3% & CFO 512.9m > Net Income 383.1m |
| Net Debt (191.8m) to EBITDA (540.1m): 0.36 < 3 |
| Current Ratio: 2.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.0m) vs 12m ago 1.19% < -2% |
| Gross Margin: 51.84% > 18% (prev 54.46%; Δ -2.62% > 0.5%) |
| Asset Turnover: 27.51% > 50% (prev 27.63%; Δ -0.12% > 0%) |
| Interest Coverage Ratio: 11.28 > 6 (EBIT TTM 420.4m / Interest Expense TTM 37.3m) |
| A: 0.12 (Total Current Assets 668.0m - Total Current Liabilities 314.0m) / Total Assets 2.98b |
| B: 0.42 (Retained Earnings 1.24b / Total Assets 2.98b) |
| C: 0.15 (EBIT TTM 420.4m / Avg Total Assets 2.81b) |
| D: 1.88 (Book Value of Equity 1.95b / Total Liabilities 1.04b) |
| Altman-Z'' = 5.11 = AAA |
| DSRI: 1.65 (Receivables 51.8m/29.6m, Revenue 774.0m/730.3m) |
| GMI: 1.05 (GM 54.46% / 51.84%) |
| AQI: 1.22 (AQ_t 0.07 / AQ_t-1 0.06) |
| SGI: 1.06 (Revenue 774.0m / 730.3m) |
| TATA: -0.04 (NI 383.1m - CFO 512.9m) / TA 2.98b) |
| Beneish M = -2.27 (Cap -4..+1) = BBB |
As of October 15, 2026, the stock is trading at USD 43.15 with a total of 614,520 shares traded. Over the past week, the price has changed by -3.51%, over one month by -5.66%, over three months by +6.16% and over the past year by +65.38%.
Current recommended Stop Loss: 41.00 (which is 5% or 2 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 | 18.2% |
P/E Trailing = 4.416
P/E Forward = 3.1066
P/S = 2.1338
P/B = 0.8245
P/EG = 0.8742
Revenue TTM = 774.0m USD
EBIT TTM = 420.4m USD
EBITDA TTM = 540.1m USD
Long Term Debt = 517.3m USD (from longTermDebt, last quarter)
Short Term Debt = 154.5m USD (from shortTermDebt, last quarter)
Debt = 690.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 19.1m
Net Debt = 191.8m USD (calculated: Debt 690.8m - CCE 499.0m)
Enterprise Value = 1.82b USD (1.63b + Debt 690.8m - CCE 499.0m)
Interest Coverage Ratio = 11.28 (Ebit TTM 420.4m / Interest Expense TTM 37.3m)
EV/FCF = 6.26x (Enterprise Value 1.82b / FCF TTM 290.8m)
FCF Yield = 15.97% (FCF TTM 290.8m / Enterprise Value 1.82b)
FCF Margin = 37.58% (FCF TTM 290.8m / Revenue TTM 774.0m)
Net Margin = 49.50% (Net Income TTM 383.1m / Revenue TTM 774.0m)
Gross Margin = 51.84% ((Revenue TTM 774.0m - Cost of Revenue TTM 372.7m) / Revenue TTM)
Gross Margin QoQ = 49.21% (prev 53.65%)
Tobins Q-Ratio = 0.61 (Enterprise Value 1.82b / Total Assets 2.98b)
Interest Expense / Debt = 5.40% (Interest Expense 37.3m / Debt 690.8m)
Taxrate = 0.0% (0.0 / 383.1m)
NOPAT = 420.4m (EBIT 420.4m * (1 - 0.00%))
Current Ratio = 2.13 (Total Current Assets 668.0m / Total Current Liabilities 314.0m)
Debt / Equity = 0.35 (Debt 690.8m / totalStockholderEquity, last quarter 1.95b)
Debt / EBITDA = 0.36 (Net Debt 191.8m / EBITDA 540.1m)
Debt / FCF = 0.66 (Net Debt 191.8m / FCF TTM 290.8m)
Total Stockholder Equity = 1.84b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.62% (Net Income 383.1m / Total Assets 2.98b)
RoE = 20.88% (Net Income TTM 383.1m / Total Stockholder Equity 1.84b)
RoCE = 17.87% (EBIT 420.4m / Capital Employed (Equity 1.84b + L.T.Debt 517.3m))
RoIC = 15.10% (NOPAT 420.4m / Invested Capital 2.78b)
WACC = 7.15% (E(1.63b)/V(2.32b) * Re(7.89%) + D(690.8m)/V(2.32b) * Rd(5.40%) * (1-Tc(0.0)))
Discount Rate = 7.89% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.25 | Cagr: 0.50%
[DCF] Terminal Value 77.97% ; FCFF base≈231.1m ; Y1≈264.9m ; Y5≈389.8m
[DCF] Fair Price = 157.5 (EV 5.87b - Net Debt 191.8m = Equity 5.67b / Shares 36.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 81.27 | EPS CAGR: 5.24% | SUE: 0.90 | # QB: 2
Revenue Correlation: 98.07 | Revenue CAGR: 6.36% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.42 | Chg30d=-0.82% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=9.89 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=-3.6% | GrowthRev=-0.3%
EPS next Year (2027-12-31): EPS=8.86 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=-10.3% | GrowthRev=-6.4%
[Analyst] Revisions Ratio: -22% (up=2, down=4)