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GMPC

Gulf Medical Projects Company (PJSC)ADX:GMPC Stock Report

Market Cap

د.إ1.4b

7D

0%

1Y

-14.2%

Updated

22 Oct, 2021

Data

Company Financials
GMPC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends2/6

GMPC Overview

Gulf Medical Projects Company (PJSC), together with its subsidiaries, manages general hospitals and medical clinics in the United Arab Emirates.

Price History & Performance

Summary of all time highs, changes and price drops for Gulf Medical Projects Company (PJSC)
Historical stock prices
Current Share Priceد.إ2.00
52 Week Highد.إ1.75
52 Week Lowد.إ2.45
Beta0.46
1 Month Change14.29%
3 Month Change-7.41%
1 Year Change-14.16%
3 Year Change1.01%
5 Year Change-20.00%
Change since IPO-25.12%

Recent News & Updates

Jun 07
These Return Metrics Don't Make Gulf Medical Projects Company (PJSC) (ADX:GMPC) Look Too Strong

These Return Metrics Don't Make Gulf Medical Projects Company (PJSC) (ADX:GMPC) Look Too Strong

When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...

Mar 11
We Wouldn't Be Too Quick To Buy Gulf Medical Projects Company (PJSC) (ADX:GMPC) Before It Goes Ex-Dividend

We Wouldn't Be Too Quick To Buy Gulf Medical Projects Company (PJSC) (ADX:GMPC) Before It Goes Ex-Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Gulf Medical...

Mar 03
How Has Gulf Medical Projects Company (PJSC) (ADX:GMPC) Allocated Its Capital?

How Has Gulf Medical Projects Company (PJSC) (ADX:GMPC) Allocated Its Capital?

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...

Shareholder Returns

GMPCAE HealthcareAE Market
7D0%-0.7%0.8%
1Y-14.2%0.5%51.2%

Return vs Industry: GMPC underperformed the AE Healthcare industry which returned 0.5% over the past year.

Return vs Market: GMPC underperformed the AE Market which returned 51.2% over the past year.

Price Volatility

Is GMPC's price volatile compared to industry and market?
GMPC volatility
GMPC Beta0.46
Industry Beta0.61
Market Beta1

Stable Share Price: GMPC is not significantly more volatile than the rest of AE stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GMPC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aMajid Bin Faisal Al Qassimihttps://gmpc.ae

Gulf Medical Projects Company (PJSC), together with its subsidiaries, manages general hospitals and medical clinics in the United Arab Emirates. It operates in two segments, Health Services and Others, and Investments. The company also constructs medicine product factories; and trades in medical and its instruments, medicines, and medical tools.

Gulf Medical Projects Company (PJSC) Fundamentals Summary

How do Gulf Medical Projects Company (PJSC)'s earnings and revenue compare to its market cap?
GMPC fundamental statistics
Market Capد.إ1.40b
Earnings (TTM)د.إ40.72m
Revenue (TTM)د.إ504.42m

34.3x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GMPC income statement (TTM)
Revenueد.إ504.42m
Cost of Revenueد.إ364.63m
Gross Profitد.إ139.79m
Expensesد.إ99.07m
Earningsد.إ40.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.058
Gross Margin27.71%
Net Profit Margin8.07%
Debt/Equity Ratio3.2%

How did GMPC perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

172%

Payout Ratio

Valuation

Is Gulf Medical Projects Company (PJSC) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GMPC (AED2) is trading below our estimate of fair value (AED6.18)

Significantly Below Fair Value: GMPC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GMPC is poor value based on its PE Ratio (34.3x) compared to the Asian Healthcare industry average (23.8x).

PE vs Market: GMPC is poor value based on its PE Ratio (34.3x) compared to the AE market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GMPC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GMPC is good value based on its PB Ratio (1.3x) compared to the XA Healthcare industry average (2.4x).


Future Growth

How is Gulf Medical Projects Company (PJSC) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.2%

Forecasted Healthcare industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gulf Medical Projects Company (PJSC) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Gulf Medical Projects Company (PJSC) performed over the past 5 years?

-50.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GMPC has high quality earnings.

Growing Profit Margin: GMPC's current net profit margins (8.1%) are lower than last year (12.7%).


Past Earnings Growth Analysis

Earnings Trend: GMPC's earnings have declined by 50.5% per year over the past 5 years.

Accelerating Growth: GMPC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GMPC had negative earnings growth (-35.4%) over the past year, making it difficult to compare to the Healthcare industry average (34.7%).


Return on Equity

High ROE: GMPC's Return on Equity (4.8%) is considered low.


Financial Health

How is Gulf Medical Projects Company (PJSC)'s financial position?


Financial Position Analysis

Short Term Liabilities: GMPC's short term assets (AED285.4M) exceed its short term liabilities (AED157.9M).

Long Term Liabilities: GMPC's short term assets (AED285.4M) exceed its long term liabilities (AED19.0M).


Debt to Equity History and Analysis

Debt Level: GMPC's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: GMPC's debt to equity ratio has reduced from 20.8% to 3.2% over the past 5 years.

Debt Coverage: GMPC's debt is well covered by operating cash flow (368%).

Interest Coverage: GMPC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Gulf Medical Projects Company (PJSC) current dividend yield, its reliability and sustainability?

5.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GMPC's dividend (5%) is higher than the bottom 25% of dividend payers in the AE market (2.95%).

High Dividend: GMPC's dividend (5%) is low compared to the top 25% of dividend payers in the AE market (5.81%).


Stability and Growth of Payments

Stable Dividend: GMPC's dividend payments have been volatile in the past 10 years.

Growing Dividend: GMPC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (171.7%), GMPC's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Majid Bin Faisal Al Qassimi

no data

Tenure

Sheikh Majid Bin Faisal Kalid Al Qassimi serves as Managing Director of Al Zahra Hospital Sharjah. Sheikh Bin Faisal Kalid Al Qassimi serves as the Managing Director, General Manager and Director of Gulf M...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gulf Medical Projects Company (PJSC)'s employee growth, exchange listings and data sources


Key Information

  • Name: Gulf Medical Projects Company (PJSC)
  • Ticker: GMPC
  • Exchange: ADX
  • Founded: 1979
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Market Cap: د.إ1.398b
  • Shares outstanding: 698.92m
  • Website: https://gmpc.ae

Location

  • Gulf Medical Projects Company (PJSC)
  • Al Hind Tower
  • 9th Floor
  • Sharjah
  • United Arab Emirates

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 12:08
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.