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Global Ship Lease, Inc (GSL) Fair Value & Analysis

Industrials · US · Market cap $1.4B

GS Global Ship Lease, Inc logo Global Ship Lease, Inc GSL · US
Price$42.44
Fair Value$44.15
Upside+4.0%
Quality63/100
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Expensive Growth
Highly profitable · 51.1% net margin
Low debt · generates free cash flow
6.20% dividend yield
Ranks above peers (11/15)
Wide moat 80/100
Evidence: High Range $27.11 – $65.99 Share as image

Fair value as of: Jul 24, 2026

From 26 valuation models · updated 17 days ago

Fair value updated Jul 24, 2026, revised from $179.02 to $44.15 (−75.3%) since Jun 25, 2026. Share price +6.5% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range ($27.11 to $65.99) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$44.47 $9.63 Fair Value $44.15 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range $9.63 – $44.47 · fair‑value band $27.11 – $65.99 · the $42.44 price screens below the $44.15 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

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Analysis

Global Ship Lease, Inc (GSL) currently trades at $42.44, while our model-based Fair Value estimate is $44.15, implying the stock looks roughly 4.0% fairly valued today. The Quality Score stands at 63/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Global Ship Lease, Inc generated revenue of $757M at a net margin of 51.1%. Revenue grew 2.2% year over year. It earns a return on equity of 22.5%. Net debt stands at $365M. Fundamentals as of Jul 24, 2026

Our scenario range runs from $27.11 (bear case) to $65.99 (bull case); at $42.44, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 78% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 4%, GSL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $98.40 $161.41 $252.34 80
Residual Income $66.30 $91.04 $398.88 76
Rev-Margin DCF $49.75 $75.75 $109.74 74
All 26 models by family
DCF Models
FCF DCF $100.19 $172.29 $283.36 38
Owner Earnings $107.16 $184.00 $302.37 31
5Y Revenue Exit $49.75 $74.76 $105.92 39
5Y EBITDA Exit $114.84 $209.46 $328.27 41
5Y P/E Exit $137.95 $257.27 $394.57 38
10Y Revenue Exit $67.28 $96.42 $136.42 36
10Y EBITDA Exit $107.59 $186.80 $307.06 37
10Y P/E Exit $121.62 $218.88 $357.95 35
Earnings-Based
Graham-Dodd $78.59 $370.87 $509.97 54
Lynch FV $98.37 $140.53 $182.69 50
PEG = 1.0 $98.37 $140.53 $182.69 46
EPV $71.67 $82.26 $91.09 59
Dividend Discount
Gordon GGM $18.45 $33.25 $45.78 70
DDM Multi-Stage $18.45 $30.38 $35.52 61
Multiples
P/E Multiple $182.02 $242.69 $303.37 63
P/S Multiple $31.90 $42.54 $53.17 58
P/B Multiple $147.35 $196.47 $245.58 55
EV/EBIT $131.56 $177.42 $223.28 53
EV/EBITDA $135.83 $183.12 $230.40 54
EV/Revenue $20.77 $32.26 $43.74 43
Asset-Based
NCAV (Graham) $24.99 $33.49 $49.98 50
Growth DCF
Growth DCF $98.40 $161.41 $252.34 80
Rev-Margin DCF $49.75 $75.75 $109.74 74
Economic Profit
Residual Income $66.30 $91.04 $398.88 76
ROIC Compounder $78.67 $102.49 $132.27 72
Growth Earnings
Growth-Adj P/E $155.31 $221.87 $288.43 68

Widest divergence: Growth Earnings ($221.87) versus Dividend Discount ($30.38). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $757M
Revenue growth (YoY) +2.2%
Net margin 51.1%
Return on equity 22.5%
Free cash flow $359M FY2025
P/E ratio 3.8
More key figures
Operating margin 50.8%
EPS (TTM) $10.46
Dividend yield 6.2%
EPS growth (YoY) -26.0%
Net debt $365M FY2025

Figures from reported company fundamentals · as of Jul 24, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 63 · Market factors (momentum, volatility) 77

Profitability 60
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 68
Balance sheet, leverage, solvency risk
Investment 15
Disciplined investing over empire-building
Low Volatility 71
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 87
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 12, 2026, it owned 71 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 423,003 TEU.

Full company description

Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 12, 2026, it owned 71 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 423,003 TEU. The company was formerly known as Marathon Acquisition Corp. and changed its name to Global Ship Lease, Inc. in August 2008. Global Ship Lease, Inc. was founded in 2007 and is based in Athens, Greece.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Global Ship Lease, Inc reported revenue of $766M in FY2025 versus $403M in FY2021, a compound +17.5%/yr. Reported net income was $416M in FY2025, compounding +24.8%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
$766M
Latest YoY
+8.6%
Avg. growth/yr (3Y)
+8.2%
Avg. growth/yr (5Y)
+22.1%
Avg. growth/yr (19Y)
+5.1%
Revenue +17.5%/yr
FY21 $403M
FY22 $604M
FY23 $667M
FY24 $706M
FY25 $766M
Net income +24.8%/yr
FY21 $171M
FY22 $293M
FY23 $305M
FY24 $354M
FY25 $416M

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Cite: Fair Value Calculator (2026). "Global Ship Lease, Inc Fair Value". https://www.fairvalue-calculator.com/stock/GSL

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Marine Shipping · 231 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 63 · Top 25%
Fair Value upside +4% · Above median
Return on equity (TTM) 22% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 51% · Top 25%
Operating margin (TTM) 51% · Top 25%
Revenue growth 2% · Below median
Dividend yield (TTM) 6.2% · Top 25%
Debt / equity 0.30× · Higher than median

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 3.8× · Cheaper than 75% of peers
P/B 0.80× · Cheaper than median
P/S (TTM) 1.91× · Pricier than median
P/FCF 4.0× · Pricier than median
EV/EBITDA 3.6× · Cheaper than 75% of peers
PEG 0.87× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 39 · sector 29
FUTURE 11 · sector 18
PAST 90 · sector 27
HEALTH 85 · sector 88
DIVIDEND 100 · sector 47

Insider activity: 46/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 24, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
Qingdao Port International Co 601298 ¥8.88 ¥15.97 +80%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%

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Frequently asked questions

Is Global Ship Lease, Inc (GSL) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of $44.15 versus a price of $42.44, about +4% (fairly valued).
What is the fair value of GSL?
Our model-based fair value for Global Ship Lease, Inc is $44.15 (as of Jul 24, 2026), built from audited fundamentals. The current price is $42.44.
What is the quality score of GSL?
Global Ship Lease, Inc has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Global Ship Lease, Inc (GSL)?
Global Ship Lease, Inc reported trailing-twelve-month revenue of about $757M (latest available figure, as of Jul 24, 2026).
What is the net profit margin of GSL?
The net profit margin of Global Ship Lease, Inc is about 51.1%, meaning it keeps roughly 51.1% of revenue as net income. Based on the latest reported figures.
Does Global Ship Lease, Inc pay a dividend?
Global Ship Lease, Inc currently shows a dividend yield of about 6.20% relative to its recent price (as of Jul 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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