DB:GU2

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Gulf Island Fabrication

Executive Summary

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States.


Snowflake Analysis

Excellent balance sheet and overvalued.

Share Price & News

How has Gulf Island Fabrication's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GU2 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.7%

GU2

5.3%

DE Energy Services

1.5%

DE Market


1 Year Return

-58.1%

GU2

-46.4%

DE Energy Services

6.4%

DE Market

Return vs Industry: GU2 underperformed the German Energy Services industry which returned -46.4% over the past year.

Return vs Market: GU2 underperformed the German Market which returned 6.4% over the past year.


Shareholder returns

GU2IndustryMarket
7 Day5.7%5.3%1.5%
30 Day-5.8%-3.2%-0.6%
90 Day-9.2%-1.0%11.0%
1 Year-58.1%-58.1%-45.4%-46.4%8.7%6.4%
3 Year-71.7%-71.7%-51.2%-54.9%5.7%-2.7%
5 Year-77.6%-78.0%-68.5%-82.7%14.8%-0.7%

Price Volatility Vs. Market

How volatile is Gulf Island Fabrication's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Gulf Island Fabrication undervalued compared to its fair value and its price relative to the market?

0.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate GU2's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate GU2's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: GU2 is unprofitable, so we can't compare its PE Ratio to the XE Energy Services industry average.

PE vs Market: GU2 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GU2's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GU2 is good value based on its PB Ratio (0.3x) compared to the XE Energy Services industry average (0.6x).


Next Steps

Future Growth

How is Gulf Island Fabrication forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

41.2%

Forecasted Energy 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 Island Fabrication 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.


Next Steps

Past Performance

How has Gulf Island Fabrication performed over the past 5 years?

-25.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GU2 is currently unprofitable.

Growing Profit Margin: GU2 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GU2 is unprofitable, and losses have increased over the past 5 years at a rate of 25.9% per year.

Accelerating Growth: Unable to compare GU2's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GU2 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (8%).


Return on Equity

High ROE: GU2 has a negative Return on Equity (-26.55%), as it is currently unprofitable.


Next Steps

Financial Health

How is Gulf Island Fabrication's financial position?


Financial Position Analysis

Short Term Liabilities: GU2's short term assets ($174.4M) exceed its short term liabilities ($99.3M).

Long Term Liabilities: GU2's short term assets ($174.4M) exceed its long term liabilities ($9.8M).


Debt to Equity History and Analysis

Debt Level: GU2's debt to equity ratio (6.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if GU2's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: GU2 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: GU2 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 36.3% each year.


Next Steps

Dividend

What is Gulf Island Fabrication current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GU2's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GU2's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GU2's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GU2's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GU2 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GU2's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Richard Heo (49 yo)

0.75

Tenure

US$1,028,345

Compensation

Mr. Richard W. Heo has been President, Chief Executive Officer and Director of Gulf Island Fabrication, Inc. since November 14, 2019. Mr. Heo served as Senior Vice President of North, Central & South Ameri ...


CEO Compensation Analysis

Compensation vs Market: Richard's total compensation ($USD1.03M) is above average for companies of similar size in the German market ($USD478.39K).

Compensation vs Earnings: Insufficient data to compare Richard's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Richard Heo
President0.75yrUS$1.03m0.26%
$ 105.3k
Westley Stockton
Executive VP1.92yrsUS$742.33k0.076%
$ 30.6k
Christian Vaccari
Senior Vice President of Shipyard Divisionno dataUS$371.35k0.24%
$ 94.8k
Thomas Smouse
VP & Chief Human Resource Officer0.50yrno datano data
James Morvant
Senior Vice President – Fabrication & Services Division0.50yrno data0.0095%
$ 3.8k
Francis Smith
Chief Executive Officer of Gulf Marine Fabricators and President of Gulf Marine Fabricators11.42yrsUS$289.59kno data
William Fromenthal
Vice President of Gulf Island Services3.33yrsno datano data
Cindi Cook
Executive Assistant to CEOno datano datano data

1.3yrs

Average Tenure

59yo

Average Age

Experienced Management: GU2's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Richard Heo
President0.75yrUS$1.03m0.26%
$ 105.3k
William Chiles
Independent Director6.42yrsUS$71.40k0.14%
$ 55.7k
Murray Burns
Independent Director6.42yrsUS$68.40k0.18%
$ 74.5k
Cheryl Richard
Independent Director1.83yrsUS$59.40k0.027%
$ 10.9k
Michael Flick
Independent Chairman of the Board0.25yrUS$63.40k0.099%
$ 39.9k
Robert Averick
Independent Director1.75yrsUS$59.40kno data
Michael Keeffe
Independent Director6.42yrsUS$71.40k0.099%
$ 39.7k

1.8yrs

Average Tenure

68yo

Average Age

Experienced Board: GU2's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Gulf Island Fabrication, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gulf Island Fabrication, Inc.
  • Ticker: GU2
  • Exchange: DB
  • Founded: 1985
  • Industry: Oil and Gas Equipment and Services
  • Sector: Energy
  • Market Cap: US$47.457m
  • Listing Market Cap: US$40.262m
  • Shares outstanding: 15.31m
  • Website: https://www.gulfisland.com

Number of Employees


Location

  • Gulf Island Fabrication, Inc.
  • 16225 Park Ten Place
  • Suite 300
  • Houston
  • Texas
  • 77084
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GIFINasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1997
GU2DB (Deutsche Boerse AG)YesCommon StockDEEURApr 1997

Biography

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States. It operates in three segments: Fabrication, Sh ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 21:35
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.