GAS PLUS (GSP.MI) Stock Fundamental Analysis
Europe • Euronext Milan • BIT:GSP • IT0004098510
6.7 EUR
-0.06 (-0.89%)
Last: Jan 30, 2026, 07:00 PM
Taking everything into account, GSP scores 6 out of 10 in our fundamental rating. GSP was compared to 72 industry peers in the Oil, Gas & Consumable Fuels industry. GSP has only an average score on both its financial health and profitability. GSP is growing strongly while it also seems undervalued. This is an interesting 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
- Looking at the Return On Assets, with a value of 3.31%, GSP is in line with its industry, outperforming 48.61% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 7.38%, GSP is in line with its industry, outperforming 44.44% of the companies in the same industry.
- GSP has a Return On Invested Capital of 3.94%. This is in the lower half of the industry: GSP underperforms 73.61% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for GSP is below the industry average of 8.83%.
| 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
- With a decent Profit Margin value of 11.15%, GSP is doing good in the industry, outperforming 63.89% of the companies in the same industry.
- GSP's Profit Margin has improved in the last couple of years.
- GSP has a Operating Margin of 17.17%. This is comparable to the rest of the industry: GSP outperforms 51.39% of its industry peers.
- In the last couple of years the Operating Margin of GSP has grown nicely.
- Looking at the Gross Margin, with a value of 74.40%, GSP belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.
- In the last couple of years the Gross Margin of GSP has grown nicely.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GSP 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.
- Compared to 1 year ago, GSP has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.39, we must say that GSP is in the distress zone and has some risk of bankruptcy.
- GSP's Altman-Z score of 1.39 is on the low side compared to the rest of the industry. GSP is outperformed by 68.06% 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 Debt to FCF ratio of 1.68. This is amongst the best in the industry. GSP outperforms 90.28% 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.
- Looking at the Debt to Equity ratio, with a value of 0.06, GSP belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 1.39 |
ROIC/WACC0.54
WACC7.32%
2.3 Liquidity
- A Current Ratio of 0.82 indicates that GSP may have some problems paying its short term obligations.
- With a Current ratio value of 0.82, GSP is not doing good in the industry: 79.17% of the companies in the same industry are doing better.
- A Quick Ratio of 0.78 indicates that GSP may have some problems paying its short term obligations.
- With a Quick ratio value of 0.78, GSP is not doing good in the industry: 75.00% 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
- The Earnings Per Share has grown by an nice 18.77% over the past year.
- 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.
- GSP shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.19%.
- GSP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.66% yearly.
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
- The Revenue is expected to grow by 17.82% on average over the next years. This is quite good.
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.
- 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
- The Price/Earnings ratio is 16.75, which indicates a correct valuation of GSP.
- GSP's Price/Earnings is on the same level as the industry average.
- GSP is valuated rather cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 8.09, which indicates a very decent valuation of GSP.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of GSP indicates a rather cheap valuation: GSP is cheaper than 90.28% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of GSP to the average of the S&P500 Index (25.57), we can say GSP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.75 | ||
| Fwd PE | 8.09 |
4.2 Price Multiples
- GSP's Enterprise Value to EBITDA is on the same level as the industry average.
- Based on the Price/Free Cash Flow ratio, GSP is valued cheaper than 84.72% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.43 | ||
| EV/EBITDA | 6.3 |
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.
- GSP's earnings are expected to grow with 60.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y102.48%
EPS Next 3Y60.7%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.96%, GSP has a reasonable but not impressive dividend return.
- GSP's Dividend Yield is comparable with the industry average which is at 5.02.
- GSP's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.96% |
5.2 History
- The dividend of GSP is nicely growing with an annual growth rate of 331.91%!
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%
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 for GSP stock?
ChartMill assigns a valuation rating of 8 / 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.
What is the financial health of GAS PLUS (GSP.MI) stock?
The financial health rating of GAS PLUS (GSP.MI) is 4 / 10.
Is the dividend of GAS PLUS sustainable?
The dividend rating of GAS PLUS (GSP.MI) is 6 / 10 and the dividend payout ratio is 37.53%.