DB:S6W

Stock Analysis Report

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Executive Summary

StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. More Details


Snowflake Analysis

Undervalued with acceptable track record.

Share Price & News

How has StealthGas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: S6W has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-11.3%

S6W

-7.5%

DE Oil and Gas

-1.9%

DE Market


1 Year Return

-33.3%

S6W

77.5%

DE Oil and Gas

0.2%

DE Market

Return vs Industry: S6W underperformed the German Oil and Gas industry which returned 77.5% over the past year.

Return vs Market: S6W underperformed the German Market which returned 0.2% over the past year.


Shareholder returns

S6WIndustryMarket
7 Day-11.3%-7.5%-1.9%
30 Day-10.5%0.5%1.5%
90 Day-1.9%43.1%-0.5%
1 Year-33.3%-33.3%82.0%77.5%3.4%0.2%
3 Year-30.6%-30.6%91.5%73.6%-0.2%-9.0%
5 Year-46.9%-46.9%199.0%155.4%21.4%4.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is StealthGas 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: S6W (€2.04) is trading below our estimate of fair value (€26.75)

Significantly Below Fair Value: S6W is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: S6W is good value based on its PE Ratio (7.9x) compared to the XE Oil and Gas industry average (9.7x).

PE vs Market: S6W is good value based on its PE Ratio (7.9x) compared to the German market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate S6W's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: S6W is good value based on its PB Ratio (0.2x) compared to the DE Oil and Gas industry average (2x).


Next Steps

Future Growth

How is StealthGas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.0%

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 StealthGas 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 StealthGas performed over the past 5 years?

2.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S6W has high quality earnings.

Growing Profit Margin: S6W became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: S6W's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: S6W has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: S6W has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-18%).


Return on Equity

High ROE: S6W's Return on Equity (2.2%) is considered low.


Next Steps

Financial Health

How is StealthGas's financial position?


Financial Position Analysis

Short Term Liabilities: S6W's short term assets ($45.4M) do not cover its short term liabilities ($77.1M).

Long Term Liabilities: S6W's short term assets ($45.4M) do not cover its long term liabilities ($306.9M).


Debt to Equity History and Analysis

Debt Level: S6W's debt to equity ratio (64.4%) is considered high.

Reducing Debt: S6W's debt to equity ratio has increased from 56% to 64.4% over the past 5 years.

Debt Coverage: S6W's debt is not well covered by operating cash flow (13%).

Interest Coverage: S6W's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Next Steps

Dividend

What is StealthGas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate S6W's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate S6W'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 S6W's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if S6W's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: S6W is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of S6W'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?

15.2yrs

Average board tenure


CEO

Harry Vafias (42 yo)

15.83yrs

Tenure

Mr. Harry N. Vafias has been the Chief Executive Officer and President of Stealthgas Inc. since December 2004 and has been its Chief Financial Officer since January 2014. Mr. Vafias has been actively invol ...


Board Members

NamePositionTenureCompensationOwnership
Harry Vafias
President15.83yrsno data20.54%
$ 16.1m
Michael Jolliffe
Independent Chairman of the Board16.75yrsno data0.086%
$ 67.1k
Markos Drakos
Independent Director14.58yrsno data0.048%
$ 37.7k
John Kostoyannis
Independent Director10yrsno data0.019%
$ 15.1k

15.2yrs

Average Tenure

57yo

Average Age

Experienced Board: S6W's board of directors are seasoned and experienced ( 15.2 years average tenure).


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

StealthGas Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: StealthGas Inc.
  • Ticker: S6W
  • Exchange: DB
  • Founded: 2004
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$92.753m
  • Listing Market Cap: US$78.358m
  • Shares outstanding: 37.86m
  • Website: https://www.stealthgas.com

Location

  • StealthGas Inc.
  • 331 Kifissias Avenue
  • Erithrea
  • Athens
  • 14561
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GASSNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDOct 2005
S6WDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2005

Biography

StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. It also provides crude oil and product carri ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 20:55
End of Day Share Price2020/10/23 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.