GAS PLUS (GSP.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:GSP - IT0004098510 - Common Stock
7.08 EUR
+0.1 (+1.43%)
Overall GSP gets a fundamental rating of 6 out of 10. We evaluated GSP against 68 industry peers in the Oil, Gas & Consumable Fuels industry. GSP has only an average score on both its financial health and profitability. GSP has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination!
1. Profitability
1.1 Basic Checks
GSP had positive earnings in the past year.
In the past year GSP had a positive cash flow from operations.
GSP had positive earnings in 4 of the past 5 years.
GSP had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GSP has a Return On Assets (3.31%) which is in line with its industry peers.
GSP has a Return On Equity (7.38%) which is comparable to the rest of the industry.
The Return On Invested Capital of GSP (3.94%) is worse than 60.29% of its industry peers.
GSP had an Average Return On Invested Capital over the past 3 years of 6.52%. This is below the industry average of 9.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 7.38% | ||
| ROIC | 3.94% |
ROA(3y)4.2%
ROA(5y)1.15%
ROE(3y)9.58%
ROE(5y)2.27%
ROIC(3y)6.52%
ROIC(5y)N/A
1.3 Margins
GSP has a Profit Margin of 11.15%. This is in the better half of the industry: GSP outperforms 67.65% of its industry peers.
GSP's Profit Margin has improved in the last couple of years.
GSP has a Operating Margin (17.17%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of GSP has grown nicely.
GSP has a better Gross Margin (74.40%) than 83.82% of its industry peers.
GSP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.17% | ||
| PM (TTM) | 11.15% | ||
| GM | 74.4% |
OM growth 3YN/A
OM growth 5Y26.49%
PM growth 3Y35.71%
PM growth 5YN/A
GM growth 3Y6.01%
GM growth 5Y1.5%
2. Health
2.1 Basic Checks
GSP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GSP has about the same amount of shares outstanding.
The number of shares outstanding for GSP remains at a similar level compared to 5 years ago.
The debt/assets ratio for GSP has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.42, we must say that GSP is in the distress zone and has some risk of bankruptcy.
GSP has a Altman-Z score (1.42) which is in line with its industry peers.
The Debt to FCF ratio of GSP is 1.68, which is an excellent value as it means it would take GSP, only 1.68 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GSP (1.68) is better than 88.24% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that GSP is not too dependend on debt financing.
GSP's Debt to Equity ratio of 0.06 is amongst the best of the industry. GSP outperforms 86.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 1.42 |
ROIC/WACC0.54
WACC7.26%
2.3 Liquidity
GSP has a Current Ratio of 0.82. This is a bad value and indicates that GSP is not financially healthy enough and could expect problems in meeting its short term obligations.
GSP has a worse Current ratio (0.82) than 82.35% of its industry peers.
GSP has a Quick Ratio of 0.82. This is a bad value and indicates that GSP is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.78, GSP is not doing good in the industry: 73.53% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
GSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.77%, which is quite good.
Measured over the past years, GSP shows a very strong growth in Earnings Per Share. The EPS has been growing by 58.59% on average per year.
Looking at the last year, GSP shows a quite strong growth in Revenue. The Revenue has grown by 15.19% in the last year.
The Revenue has been growing slightly by 7.66% on average over the past years.
EPS 1Y (TTM)18.77%
EPS 3Y58.59%
EPS 5YN/A
EPS Q2Q%91.67%
Revenue 1Y (TTM)15.19%
Revenue growth 3Y16.86%
Revenue growth 5Y7.66%
Sales Q2Q%31.92%
3.2 Future
The Earnings Per Share is expected to grow by 60.70% on average over the next years. This is a very strong growth
GSP is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.82% yearly.
EPS Next Y180%
EPS Next 2Y102.48%
EPS Next 3Y60.7%
EPS Next 5YN/A
Revenue Next Year37.98%
Revenue Next 2Y27.59%
Revenue Next 3Y17.82%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.70, the valuation of GSP can be described as rather expensive.
GSP's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 25.98. GSP is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 8.55, the valuation of GSP can be described as very reasonable.
Based on the Price/Forward Earnings ratio, GSP is valued cheaply inside the industry as 82.35% of the companies are valued more expensively.
GSP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.79.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.7 | ||
| Fwd PE | 8.55 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GSP is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GSP indicates a somewhat cheap valuation: GSP is cheaper than 77.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.91 | ||
| EV/EBITDA | 6.55 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GSP has a very decent profitability rating, which may justify a higher PE ratio.
GSP's earnings are expected to grow with 60.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y102.48%
EPS Next 3Y60.7%
5. Dividend
5.1 Amount
GSP has a Yearly Dividend Yield of 2.82%. Purely for dividend investing, there may be better candidates out there.
GSP's Dividend Yield is comparable with the industry average which is at 53.12.
GSP's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
On average, the dividend of GSP grows each year by 331.91%, which is quite nice.
Dividend Growth(5Y)331.91%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GSP pays out 37.53% of its income as dividend. This is a sustainable payout ratio.
The dividend of GSP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP37.53%
EPS Next 2Y102.48%
EPS Next 3Y60.7%
BIT:GSP (11/26/2025, 3:33:32 PM)
7.08
+0.1 (+1.43%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0.26%
Inst Owner ChangeN/A
Ins Owners76.08%
Ins Owner ChangeN/A
Market Cap317.96M
Revenue(TTM)156.30M
Net Income(TTM)17.43M
Analysts84
Price Target6.63 (-6.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend0.15
Dividend Growth(5Y)331.91%
DP37.53%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.7 | ||
| Fwd PE | 8.55 | ||
| P/S | 2.03 | ||
| P/FCF | 8.91 | ||
| P/OCF | 6.02 | ||
| P/B | 1.35 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.55 |
EPS(TTM)0.4
EY5.65%
EPS(NY)0.83
Fwd EY11.7%
FCF(TTM)0.79
FCFY11.22%
OCF(TTM)1.18
OCFY16.61%
SpS3.48
BVpS5.26
TBVpS-0.32
PEG (NY)0.1
PEG (5Y)N/A
Graham Number6.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 7.38% | ||
| ROCE | 6.33% | ||
| ROIC | 3.94% | ||
| ROICexc | 4.38% | ||
| ROICexgc | 12.81% | ||
| OM | 17.17% | ||
| PM (TTM) | 11.15% | ||
| GM | 74.4% | ||
| FCFM | 22.83% |
ROA(3y)4.2%
ROA(5y)1.15%
ROE(3y)9.58%
ROE(5y)2.27%
ROIC(3y)6.52%
ROIC(5y)N/A
ROICexc(3y)7.04%
ROICexc(5y)N/A
ROICexgc(3y)22.1%
ROICexgc(5y)N/A
ROCE(3y)10.47%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y35.08%
ROICexc growth 3YN/A
ROICexc growth 5Y40.91%
OM growth 3YN/A
OM growth 5Y26.49%
PM growth 3Y35.71%
PM growth 5YN/A
GM growth 3Y6.01%
GM growth 5Y1.5%
F-Score7
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.68 | ||
| Debt/EBITDA | 0.28 | ||
| Cap/Depr | 73.36% | ||
| Cap/Sales | 10.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 105.25% | ||
| Profit Quality | 204.72% | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.42 |
F-Score7
WACC7.26%
ROIC/WACC0.54
Cap/Depr(3y)93.88%
Cap/Depr(5y)100.3%
Cap/Sales(3y)12.47%
Cap/Sales(5y)17.15%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.77%
EPS 3Y58.59%
EPS 5YN/A
EPS Q2Q%91.67%
EPS Next Y180%
EPS Next 2Y102.48%
EPS Next 3Y60.7%
EPS Next 5YN/A
Revenue 1Y (TTM)15.19%
Revenue growth 3Y16.86%
Revenue growth 5Y7.66%
Sales Q2Q%31.92%
Revenue Next Year37.98%
Revenue Next 2Y27.59%
Revenue Next 3Y17.82%
Revenue Next 5YN/A
EBIT growth 1Y-18.81%
EBIT growth 3YN/A
EBIT growth 5Y36.18%
EBIT Next Year305%
EBIT Next 3Y75.98%
EBIT Next 5YN/A
FCF growth 1Y-29.74%
FCF growth 3Y124.3%
FCF growth 5YN/A
OCF growth 1Y-28.39%
OCF growth 3Y31.39%
OCF growth 5Y41.82%
GAS PLUS / GSP.MI FAQ
Can you provide the ChartMill fundamental rating for GAS PLUS?
ChartMill assigns a fundamental rating of 6 / 10 to GSP.MI.
What is the valuation status of GAS PLUS (GSP.MI) stock?
ChartMill assigns a valuation rating of 7 / 10 to GAS PLUS (GSP.MI). This can be considered as Undervalued.
What is the profitability of GSP stock?
GAS PLUS (GSP.MI) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for GSP stock?
The Price/Earnings (PE) ratio for GAS PLUS (GSP.MI) is 17.7 and the Price/Book (PB) ratio is 1.35.
Can you provide the dividend sustainability for GSP stock?
The dividend rating of GAS PLUS (GSP.MI) is 4 / 10 and the dividend payout ratio is 37.53%.