GNK (Genco Shipping & Trading) Scaled Net Operating Assets: 1.02 (As of Mar. 2026)


GNK Genco Shipping & Trading Ltd GNK
57 GF Score
Price $25.00
GF Value $16.88
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Genco Shipping & Trading Scaled Net Operating Assets?

Genco Shipping & Trading GNK +1.38% 57 Scaled Net Operating Assets is 1.02 as of Mar. 2026. GuruFocus rates GNK with a GF Score™ of 57/100 and a GF Value™ of $16.88 (Significantly Overvalued). The stock has 14 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Genco Shipping & Trading's operating assets for the quarter that ended in Mar. 2026 was $1,197.2 Mil. Genco Shipping & Trading's operating liabilities for the quarter that ended in Mar. 2026 was $40.5 Mil. Genco Shipping & Trading's Total Assets for the quarter that ended in Dec. 2025 was $1,138.1 Mil. Therefore, Genco Shipping & Trading's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.02.


Genco Shipping & Trading Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Genco Shipping & Trading's Scaled Net Operating Assets 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.

Genco Shipping & Trading Scaled Net Operating Assets Chart

Genco Shipping & Trading Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.90 0.91 0.85 0.98

Genco Shipping & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.92 0.92 0.94 1.02

GNK vs CCEC, GSL, SFL: Scaled Net Operating Assets Comparison

For the Marine Shipping subindustry, Genco Shipping & Trading's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Scaled Net Operating Assets falls into.


GNK
57GF Score
Genco Shipping & Trading Ltd GNK
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Genco Shipping & Trading Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Genco Shipping & Trading's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1082.568-45.669)/1056.602
=0.98

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1138.108 - 55.54
=1082.568

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=240.288 - 194.619 - 0
=45.669

Genco Shipping & Trading's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1197.218-40.515)/1138.108
=1.02

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1251.988 - 54.77
=1197.218

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=365.01 - 324.495 - 0
=40.515

* 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.

What does a Scaled Net Operating Assets of 1.02 mean?
Genco Shipping & Trading (GNK) has a Scaled Net Operating Assets of 1.02 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Genco Shipping & Trading and its competitors.
Is Genco Shipping & Trading's Scaled Net Operating Assets too high?
Genco Shipping & Trading's current Scaled Net Operating Assets is 1.02. 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 Scaled Net Operating Assets compare to CCEC and GSL?
Genco Shipping & Trading's Scaled Net Operating Assets of 1.02 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Transportation company?
A good Scaled Net Operating Assets depends on the Transportation industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Genco Shipping & Trading and its competitors. Genco Shipping & Trading's current Scaled Net Operating Assets is 1.02. 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 $16.88, compared to a current price of $25.00 — trading 48.1% above its estimated fair value. The current Scaled Net Operating Assets is 1.02. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Genco Shipping & Trading (GNK), the current Scaled Net Operating Assets is 1.02 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 $25.00 is trading 48.1% above its estimated GF Value™ of $16.88. GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.

Key valuation signals for GNK:

  • Scaled Net Operating Assets: 1.02
  • GF Value™: $16.88 vs. price of $25.00 (48.1% above fair value)
  • GF Score™: 57/100 with 14 warning signs

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 Business Description

Other Exchanges GNU1:Germany
Address 299 Park Avenue, 12th Floor, New York, NY, USA, 10171
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

Get the complete analysis for GNK

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.00
Price
$16.88
GF Value