| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | د.إ2.00 |
| 52 Week High | د.إ1.75 |
| 52 Week Low | د.إ2.45 |
| Beta | 0.46 |
| 1 Month Change | 14.29% |
| 3 Month Change | -7.41% |
| 1 Year Change | -14.16% |
| 3 Year Change | 1.01% |
| 5 Year Change | -20.00% |
| Change since IPO | -25.12% |
Recent News & Updates
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...
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...
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
| GMPC | AE Healthcare | AE Market | |
|---|---|---|---|
| 7D | 0% | -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
| GMPC volatility | |
|---|---|
| GMPC Beta | 0.46 |
| Industry Beta | 0.61 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | n/a | Majid Bin Faisal Al Qassimi | https://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
| GMPC fundamental statistics | |
|---|---|
| Market Cap | د.إ1.40b |
| Earnings (TTM) | د.إ40.72m |
| Revenue (TTM) | د.إ504.42m |
34.3x
P/E Ratio2.8x
P/S RatioIs GMPC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GMPC income statement (TTM) | |
|---|---|
| Revenue | د.إ504.42m |
| Cost of Revenue | د.إ364.63m |
| Gross Profit | د.إ139.79m |
| Expenses | د.إ99.07m |
| Earnings | د.إ40.72m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.058 |
| Gross Margin | 27.71% |
| Net Profit Margin | 8.07% |
| Debt/Equity Ratio | 3.2% |
How did GMPC perform over the long term?
See historical performance and comparisonDividends
5.0%
Current Dividend Yield172%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 12:08 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.