GAS PLUS (GSP.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:GSP - IT0004098510 - Common Stock
6.66 EUR
+0.08 (+1.22%)
Overall GSP gets a fundamental rating of 6 out of 10. We evaluated GSP against 70 industry peers in the Oil, Gas & Consumable Fuels industry. GSP has only an average score on both its financial health and profitability. An interesting combination arises when we look at growth and value: GSP is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
GSP had positive earnings in the past year.
GSP had a positive operating cash flow in the past year.
Of the past 5 years GSP 4 years were profitable.
In the past 5 years GSP always reported a positive cash flow from operatings.
1.2 Ratios
GSP has a Return On Assets of 3.31%. This is comparable to the rest of the industry: GSP outperforms 50.00% of its industry peers.
GSP has a Return On Equity (7.38%) which is comparable to the rest of the industry.
GSP has a Return On Invested Capital of 3.94%. This is in the lower half of the industry: GSP underperforms 67.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GSP is below the industry average of 9.15%.
| 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
Looking at the Profit Margin, with a value of 11.15%, GSP is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
In the last couple of years the Profit Margin of GSP has grown nicely.
GSP has a Operating Margin (17.17%) which is in line with its industry peers.
GSP's Operating Margin has improved in the last couple of years.
The Gross Margin of GSP (74.40%) is better than 81.43% 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GSP is destroying value.
The number of shares outstanding for GSP remains at a similar level compared to 1 year ago.
GSP has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for GSP has been reduced compared to a year ago.
2.2 Solvency
GSP has an Altman-Z score of 1.39. This is a bad value and indicates that GSP is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of GSP (1.39) is worse than 60.00% of 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.
GSP has a better Debt to FCF ratio (1.68) than 90.00% of its industry peers.
GSP has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
GSP has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. GSP outperforms 87.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.54
WACC7.24%
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.
Looking at the Current ratio, with a value of 0.82, GSP is doing worse than 78.57% of the companies in the same industry.
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: 72.86% 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.
Measured over the past years, GSP shows a small growth in Revenue. The Revenue has been growing by 7.66% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.65 indicates a correct valuation of GSP.
Compared to the rest of the industry, the Price/Earnings ratio of GSP is on the same level as its industry peers.
GSP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.59.
A Price/Forward Earnings ratio of 8.04 indicates a reasonable valuation of GSP.
Based on the Price/Forward Earnings ratio, GSP is valued a bit cheaper than 78.57% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.03, GSP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.65 | ||
| Fwd PE | 8.04 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GSP.
82.86% of the companies in the same industry are more expensive than GSP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.38 | ||
| EV/EBITDA | 6.27 |
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.
The decent profitability rating of GSP may justify a higher PE ratio.
A more expensive valuation may be justified as GSP's earnings are expected to grow with 60.70% in the coming years.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y102.48%
EPS Next 3Y60.7%
5. Dividend
5.1 Amount
GSP has a Yearly Dividend Yield of 2.98%.
GSP's Dividend Yield is comparable with the industry average which is at 5.63.
GSP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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
37.53% of the earnings are spent on dividend by GSP. This is a low number and sustainable payout ratio.
GSP's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP37.53%
EPS Next 2Y102.48%
EPS Next 3Y60.7%
BIT:GSP (12/23/2025, 5:29:48 PM)
6.66
+0.08 (+1.22%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0.76%
Inst Owner ChangeN/A
Ins Owners76.08%
Ins Owner ChangeN/A
Market Cap299.10M
Revenue(TTM)156.30M
Net Income(TTM)17.43M
Analysts84
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.98% |
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 | 16.65 | ||
| Fwd PE | 8.04 | ||
| P/S | 1.91 | ||
| P/FCF | 8.38 | ||
| P/OCF | 5.66 | ||
| P/B | 1.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.27 |
EPS(TTM)0.4
EY6.01%
EPS(NY)0.83
Fwd EY12.44%
FCF(TTM)0.79
FCFY11.93%
OCF(TTM)1.18
OCFY17.66%
SpS3.48
BVpS5.26
TBVpS-0.32
PEG (NY)0.09
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 | 1.39 |
F-Score7
WACC7.24%
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 16.65 and the Price/Book (PB) ratio is 1.27.
Can you provide the dividend sustainability for GSP stock?
The dividend rating of GAS PLUS (GSP.MI) is 6 / 10 and the dividend payout ratio is 37.53%.