GAS PLUS (GSP.MI) Stock Fundamental Analysis
BIT:GSP - Euronext Milan - IT0004098510 - Common Stock - Currency: EUR
GSP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 59 industry peers in the Oil, Gas & Consumable Fuels industry. Both the profitability and the financial health of GSP get a neutral evaluation. Nothing too spectacular is happening here. GSP has a correct valuation and a medium growth rate.
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.
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 2.42%. This is in the lower half of the industry: GSP underperforms 69.49% of its industry peers.
GSP has a Return On Equity of 5.43%. This is in the lower half of the industry: GSP underperforms 71.19% of its industry peers.
GSP has a Return On Invested Capital of 3.17%. This is in the lower half of the industry: GSP underperforms 74.58% of its industry peers.
GSP had an Average Return On Invested Capital over the past 3 years of 6.52%. This is significantly below the industry average of 15.03%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 5.43% | ||
| ROIC | 3.17% |
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
The Profit Margin of GSP (9.27%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of GSP has grown nicely.
With a Operating Margin value of 15.80%, GSP perfoms like the industry average, outperforming 47.46% of the companies in the same industry.
GSP's Operating Margin has improved in the last couple of years.
GSP has a better Gross Margin (74.40%) than 79.66% of its industry peers.
In the last couple of years the Gross Margin of GSP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.8% | ||
| PM (TTM) | 9.27% | ||
| 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.
GSP has about the same amout of shares outstanding than it did 1 year ago.
GSP has about the same amout of shares outstanding than it did 5 years ago.
GSP has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that GSP is in the distress zone and has some risk of bankruptcy.
GSP has a worse Altman-Z score (1.16) than 72.88% of its industry peers.
GSP has a debt to FCF ratio of 1.58. This is a very positive value and a sign of high solvency as it would only need 1.58 years to pay back of all of its debts.
GSP has a better Debt to FCF ratio (1.58) than 81.36% of its industry peers.
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 83.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.58 | ||
| Altman-Z | 1.16 |
ROIC/WACC0.43
WACC7.33%
2.3 Liquidity
GSP has a Current Ratio of 0.86. 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 Current ratio value of 0.86, GSP is not doing good in the industry: 86.44% of the companies in the same industry are doing better.
GSP has a Quick Ratio of 0.86. 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's Quick ratio of 0.82 is on the low side compared to the rest of the industry. GSP is outperformed by 84.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
GSP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -74.45%.
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 very negative growth in Revenue. The Revenue has decreased by -15.84% 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)-74.45%
EPS 3Y58.59%
EPS 5YN/A
EPS Q2Q%-21.8%
Revenue 1Y (TTM)-15.84%
Revenue growth 3Y16.86%
Revenue growth 5Y7.66%
Sales Q2Q%-0.52%
3.2 Future
Based on estimates for the next years, GSP will show a very strong growth in Earnings Per Share. The EPS will grow by 64.85% on average per year.
Based on estimates for the next years, GSP will show a very strong growth in Revenue. The Revenue will grow by 24.55% on average per year.
EPS Next Y166.4%
EPS Next 2Y64.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year54.73%
Revenue Next 2Y24.55%
Revenue Next 3YN/A
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
Based on the Price/Earnings ratio of 16.41, the valuation of GSP can be described as correct.
62.71% of the companies in the same industry are cheaper than GSP, based on the Price/Earnings ratio.
GSP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
GSP is valuated reasonably with a Price/Forward Earnings ratio of 8.85.
62.71% of the companies in the same industry are more expensive than GSP, based on the Price/Forward Earnings ratio.
GSP is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.41 | ||
| Fwd PE | 8.85 |
4.2 Price Multiples
GSP's Enterprise Value to EBITDA is on the same level as the industry average.
GSP's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GSP is cheaper than 81.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.39 | ||
| EV/EBITDA | 5.51 |
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 64.85% in the coming years.
PEG (NY)0.1
PEG (5Y)N/A
EPS Next 2Y64.85%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GSP has a Yearly Dividend Yield of 4.30%, which is a nice return.
Compared to an average industry Dividend Yield of 60.01, GSP has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, GSP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
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
52.20% of the earnings are spent on dividend by GSP. This is a bit on the high side, but may be sustainable.
The dividend of GSP is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP52.2%
EPS Next 2Y64.85%
EPS Next 3YN/A
BIT:GSP (7/11/2025, 7:00:00 PM)
4.76
-0.01 (-0.21%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners0.06%
Inst Owner ChangeN/A
Ins Owners76.08%
Ins Owner ChangeN/A
Market Cap213.77M
Analysts84
Price Target5.71 (19.96%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
Yearly Dividend0.15
Dividend Growth(5Y)331.91%
DP52.2%
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)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.41 | ||
| Fwd PE | 8.85 | ||
| P/S | 1.58 | ||
| P/FCF | 6.39 | ||
| P/OCF | 4.48 | ||
| P/B | 0.93 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.51 |
EPS(TTM)0.29
EY6.09%
EPS(NY)0.54
Fwd EY11.31%
FCF(TTM)0.74
FCFY15.64%
OCF(TTM)1.06
OCFY22.33%
SpS3.01
BVpS5.14
TBVpS-0.55
PEG (NY)0.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.42% | ||
| ROE | 5.43% | ||
| ROCE | 5.09% | ||
| ROIC | 3.17% | ||
| ROICexc | 3.4% | ||
| ROICexgc | 9.8% | ||
| OM | 15.8% | ||
| PM (TTM) | 9.27% | ||
| GM | 74.4% | ||
| FCFM | 24.71% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.26
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 1.58 | ||
| Debt/EBITDA | 0.31 | ||
| Cap/Depr | 65.51% | ||
| Cap/Sales | 10.57% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 110.46% | ||
| Profit Quality | 266.46% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 1.16 |
F-Score5
WACC7.33%
ROIC/WACC0.43
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)-74.45%
EPS 3Y58.59%
EPS 5YN/A
EPS Q2Q%-21.8%
EPS Next Y166.4%
EPS Next 2Y64.85%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-15.84%
Revenue growth 3Y16.86%
Revenue growth 5Y7.66%
Sales Q2Q%-0.52%
Revenue Next Year54.73%
Revenue Next 2Y24.55%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-57.34%
EBIT growth 3YN/A
EBIT growth 5Y36.18%
EBIT Next Year246.8%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y737.48%
FCF growth 3Y124.3%
FCF growth 5YN/A
OCF growth 1Y148.05%
OCF growth 3Y31.39%
OCF growth 5Y41.82%