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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Genco Shipping & Trading's annualizedNet Income for the quarter that ended in Mar. 2026 was $37.2 Mil. Genco Shipping & Trading's average total tangible assets for the quarter that ended in Mar. 2026 was $1,195.0 Mil. Therefore, Genco Shipping & Trading's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.12%.
The historical rank and industry rank for Genco Shipping & Trading's Return-on-Tangible-Asset or its related term are showing as below:
GNK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.34 Med: -1.6 Max: 14.94
Current: 1.51
During the past 13 years, Genco Shipping & Trading's highest Return-on-Tangible-Asset was 14.94%. The lowest was -16.34%. And the median was -1.60%.
GNK's Return-on-Tangible-Asset is ranked worse than 69.83% of 1011
companies
in the Transportation industry
Industry Median: 3.76
vs GNK: 1.51
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Genco Shipping & Trading Return-on-Tangible-Asset Related Terms
Genco Shipping & Trading Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Genco Shipping & Trading's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
GNK vs CCEC, SB, GSL: Return-on-Tangible-Asset Comparison
For the Marine Shipping subindustry, Genco Shipping & Trading's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Genco Shipping & Trading Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Genco Shipping & Trading's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Genco Shipping & Trading's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.12% mean?
Genco Shipping & Trading (GNK) has a Return-on-Tangible-Asset of 3.12% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Genco Shipping & Trading and its competitors. According to the industry distribution chart, Genco Shipping & Trading ranks #706 out of 1011 companies in the Transportation industry, placing it in the top 69.8%.
Is Genco Shipping & Trading's Return-on-Tangible-Asset too high?
Genco Shipping & Trading's current Return-on-Tangible-Asset is 3.12%. The Transportation industry median Return-on-Tangible-Asset is 3.76. Genco Shipping & Trading's value of 3.12% is 17% below this industry median. Based on the distribution chart, Genco Shipping & Trading ranks #706 out of 1011 companies in the Transportation industry, which is below the industry midpoint. Overall, Genco Shipping & Trading has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's Return-on-Tangible-Asset compare to CCEC and SB?
According to the Transportation industry distribution chart, Genco Shipping & Trading ranks #706 out of 1011 companies for Return-on-Tangible-Asset. This places Genco Shipping & Trading in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.76. Genco Shipping & Trading's value of 3.12% is 17% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.76, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Genco Shipping & Trading's current Return-on-Tangible-Asset of 3.12% is 17% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Genco Shipping & Trading and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genco Shipping & Trading's current Return-on-Tangible-Asset is 3.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genco Shipping & Trading stock overvalued right now?
Based on GuruFocus' analysis, Genco Shipping & Trading (GNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.33, compared to a current price of $24.95 — trading 44% above its estimated fair value. The current Return-on-Tangible-Asset is 3.12% and 17% below the Transportation industry median of 3.76. Genco Shipping & Trading's overall GF Score™ is 57/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Genco Shipping & Trading (GNK), the current Return-on-Tangible-Asset is 3.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Genco Shipping & Trading (GNK) Overvalued in 2026?
Based on GuruFocus' analysis, Genco Shipping & Trading stock appears to be overvalued.
The current stock price of $24.95 is trading 44% above its estimated GF Value™ of $17.33.
GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.
Key valuation signals for GNK:
Return-on-Tangible-Asset: 3.12%
GF Value™: $17.33 vs. price of $24.95 (44% above fair value)
Industry Position: 17% below the Transportation median (#706 of 1011)
No single metric tells the full story. See the GNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
57GF Score
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