GAS PLUS (GSP.MI) Fundamental Analysis & Valuation

BIT:GSPIT0004098510

Current stock price

6.08 EUR
+0.01 (+0.16%)
Last:

This GSP.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. GSP.MI Profitability Analysis

1.1 Basic Checks

  • GSP had positive earnings in the past year.
  • GSP had a positive operating cash flow in the past year.
  • GSP had positive earnings in each of the past 5 years.
  • Each year in the past 5 years GSP had a positive operating cash flow.
GSP.MI Yearly Net Income VS EBIT VS OCF VS FCFGSP.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M 60M

1.2 Ratios

  • GSP's Return On Assets of 3.31% is in line compared to the rest of the industry. GSP outperforms 49.28% of 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 (4.18%) is worse than 63.77% of its industry peers.
Industry RankSector Rank
ROA 3.31%
ROE 7.38%
ROIC 4.18%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
GSP.MI Yearly ROA, ROE, ROICGSP.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • GSP has a better Profit Margin (11.15%) than 66.67% of its industry peers.
  • In the last couple of years the Profit Margin of GSP has grown nicely.
  • The Operating Margin of GSP (17.17%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of GSP has declined.
  • GSP has a Gross Margin of 74.40%. This is in the better half of the industry: GSP outperforms 79.71% of its industry peers.
  • In the last couple of years the Gross Margin of GSP has grown nicely.
Industry RankSector Rank
OM 17.17%
PM (TTM) 11.15%
GM 74.4%
OM growth 3Y-3.81%
OM growth 5YN/A
PM growth 3Y102.24%
PM growth 5YN/A
GM growth 3Y15.59%
GM growth 5Y5.69%
GSP.MI Yearly Profit, Operating, Gross MarginsGSP.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 60 80

4

2. GSP.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GSP is destroying value.
  • GSP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
GSP.MI Yearly Shares OutstandingGSP.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
GSP.MI Yearly Total Debt VS Total AssetsGSP.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

  • Based on the Altman-Z score of 1.34, we must say that GSP is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 1.34, GSP is not doing good in the industry: 69.57% of the companies in the same industry are doing better.
  • 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.
  • Looking at the Debt to FCF ratio, with a value of 1.68, GSP belongs to the top of the industry, outperforming 86.96% of the companies in the same industry.
  • A Debt/Equity ratio of 0.06 indicates that GSP is not too dependend on debt financing.
  • GSP has a better Debt to Equity ratio (0.06) than 85.51% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 1.68
Altman-Z 1.34
ROIC/WACC0.55
WACC7.61%
GSP.MI Yearly LT Debt VS Equity VS FCFGSP.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50M 100M 150M 200M

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 Current ratio of 0.82. This is amonst the worse of the industry: GSP underperforms 81.16% of its industry peers.
  • A Quick Ratio of 0.78 indicates that GSP may have some problems paying its short term obligations.
  • GSP has a worse Quick ratio (0.78) than 76.81% of its industry peers.
Industry RankSector Rank
Current Ratio 0.82
Quick Ratio 0.78
GSP.MI Yearly Current Assets VS Current LiabilitesGSP.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

7

3. GSP.MI Growth Analysis

3.1 Past

  • GSP shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 55.96%, which is quite impressive.
  • GSP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 80.62% yearly.
  • GSP shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.92%.
  • The Revenue has been growing by 17.31% on average over the past years. This is quite good.
EPS 1Y (TTM)55.96%
EPS 3Y80.62%
EPS 5YN/A
EPS Q2Q%30.55%
Revenue 1Y (TTM)23.92%
Revenue growth 3Y-10.68%
Revenue growth 5Y17.31%
Sales Q2Q%16.37%

3.2 Future

  • GSP is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.74% yearly.
  • Based on estimates for the next years, GSP will show a small growth in Revenue. The Revenue will grow by 5.67% on average per year.
EPS Next Y46.43%
EPS Next 2Y21.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year17.42%
Revenue Next 2Y8.36%
Revenue Next 3Y5.67%
Revenue Next 5YN/A

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
GSP.MI Yearly Revenue VS EstimatesGSP.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M
GSP.MI Yearly EPS VS EstimatesGSP.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2021 2022 2023 2024 2025 2026 2027 0 0.2 0.4 0.6 0.8

8

4. GSP.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 13.51, which indicates a correct valuation of GSP.
  • 75.36% of the companies in the same industry are more expensive than GSP, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.64. GSP is valued slightly cheaper when compared to this.
  • GSP is valuated cheaply with a Price/Forward Earnings ratio of 7.34.
  • 92.75% of the companies in the same industry are more expensive than GSP, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 21.36, GSP is valued rather cheaply.
Industry RankSector Rank
PE 13.51
Fwd PE 7.34
GSP.MI Price Earnings VS Forward Price EarningsGSP.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GSP indicates a somewhat cheap valuation: GSP is cheaper than 71.01% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, GSP is valued cheaper than 92.75% of the companies in the same industry.
Industry RankSector Rank
P/FCF 7.65
EV/EBITDA 5.75
GSP.MI Per share dataGSP.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3 4 5

4.3 Compensation for Growth

  • GSP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as GSP's earnings are expected to grow with 21.74% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y21.74%
EPS Next 3YN/A

7

5. GSP.MI Dividend Analysis

5.1 Amount

  • GSP has a Yearly Dividend Yield of 4.11%, which is a nice return.
  • Compared to an average industry Dividend Yield of 37.41, GSP pays a bit more dividend than its industry peers.
  • GSP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 4.11%

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 2Y21.74%
EPS Next 3YN/A
GSP.MI Yearly Income VS Free CF VS DividendGSP.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20M -20M 40M
GSP.MI Dividend Payout.GSP.MI Dividend Payout, showing the Payout Ratio.GSP.MI Dividend Payout.PayoutRetained Earnings

GSP.MI Fundamentals: All Metrics, Ratios and Statistics

GAS PLUS

BIT:GSP (4/30/2026, 7:00:00 PM)

6.08

+0.01 (+0.16%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Industry Strength93.24
Industry Growth100
Earnings (Last)N/A
Earnings (Next)N/A
Inst Owners1.17%
Inst Owner ChangeN/A
Ins Owners76.08%
Ins Owner ChangeN/A
Market Cap273.05M
Revenue(TTM)167.70M
Net Income(TTM)17.43M
Analysts84
Price Target8.16 (34.21%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.11%
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)23.08%
PT rev (3m)23.08%
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)-0.48%
Revenue NY rev (3m)-0.48%
Valuation
Industry RankSector Rank
PE 13.51
Fwd PE 7.34
P/S 1.75
P/FCF 7.65
P/OCF 5.17
P/B 1.16
P/tB N/A
EV/EBITDA 5.75
EPS(TTM)0.45
EY7.4%
EPS(NY)0.83
Fwd EY13.62%
FCF(TTM)0.79
FCFY13.07%
OCF(TTM)1.18
OCFY19.34%
SpS3.48
BVpS5.26
TBVpS-0.32
PEG (NY)0.29
PEG (5Y)N/A
Graham Number7.29919 (20.05%)
Profitability
Industry RankSector Rank
ROA 3.31%
ROE 7.38%
ROCE 6.33%
ROIC 4.18%
ROICexc 4.65%
ROICexgc 13.59%
OM 17.17%
PM (TTM) 11.15%
GM 74.4%
FCFM 22.83%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-3.81%
OM growth 5YN/A
PM growth 3Y102.24%
PM growth 5YN/A
GM growth 3Y15.59%
GM growth 5Y5.69%
F-Score6
Asset Turnover0.3
Health
Industry RankSector 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 1.34
F-Score6
WACC7.61%
ROIC/WACC0.55
Cap/Depr(3y)75.92%
Cap/Depr(5y)90.22%
Cap/Sales(3y)13.44%
Cap/Sales(5y)14.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)55.96%
EPS 3Y80.62%
EPS 5YN/A
EPS Q2Q%30.55%
EPS Next Y46.43%
EPS Next 2Y21.74%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)23.92%
Revenue growth 3Y-10.68%
Revenue growth 5Y17.31%
Sales Q2Q%16.37%
Revenue Next Year17.42%
Revenue Next 2Y8.36%
Revenue Next 3Y5.67%
Revenue Next 5YN/A
EBIT growth 1Y-18.81%
EBIT growth 3Y-14.09%
EBIT growth 5YN/A
EBIT Next Year118.37%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y138.58%
FCF growth 3Y9.17%
FCF growth 5YN/A
OCF growth 1Y74.04%
OCF growth 3Y3.97%
OCF growth 5Y85.29%

GAS PLUS / GSP.MI Fundamental Analysis 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 for GSP stock?

ChartMill assigns a valuation rating of 8 / 10 to GAS PLUS (GSP.MI). This can be considered as Undervalued.


How profitable is GAS PLUS (GSP.MI) stock?

GAS PLUS (GSP.MI) has a profitability rating of 6 / 10.


What are the PE and PB ratios of GAS PLUS (GSP.MI) stock?

The Price/Earnings (PE) ratio for GAS PLUS (GSP.MI) is 13.51 and the Price/Book (PB) ratio is 1.16.


What is the earnings growth outlook for GAS PLUS?

The Earnings per Share (EPS) of GAS PLUS (GSP.MI) is expected to grow by 46.43% in the next year.