How does GLOP's PE Ratio compare to its peers?

GLOP is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (25.2x).

How does GLOP's PE Ratio compare vs other companies in the European Commercial Services Industry?

GLOP is good value based on its Price-To-Earnings Ratio (7.8x) compared to the European Commercial Services industry average (16.6x).

What is GLOP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate GLOP's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of GLOP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GLOP (€22.2) is trading below our estimate of [[fair value]] (€41.32)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

GLOP Stock Overview

Provides venues and offices for events. More details

GLOP fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	3/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 46.3% below our estimate of its fair value

Earnings are forecast to grow 12.59% per year

Earnings have grown 2.1% per year over the past 5 years

Risk Analysis

Shares are highly illiquid

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

GL Events SA Competitors

Johnson Service Group

AIM:JSG

UK£507.4m

Franchise Brands

AIM:FRAN

UK£296.9m

Mears Group

LSE:MER

UK£342.6m

Restore

AIM:RST

UK£313.6m

Price History & Performance

Summary of share price highs, lows and changes for GL Events
Historical stock prices
Current Share Price	€22.20
52 Week High	€22.20
52 Week Low	€13.34
Beta	1.36
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	101.09%
5 Year Change	-5.73%
Change since IPO	34.46%

Recent updates

Shareholder Returns

	GLOP	GB Commercial Services	GB Market
7D	0%	-3.9%	-0.3%
1Y	n/a	-7.1%	4.9%

Return vs Industry: Insufficient data to determine how GLOP performed against the UK Commercial Services industry.

Return vs Market: Insufficient data to determine how GLOP performed against the UK Market.

Price Volatility

Is GLOP's price volatile compared to industry and market?
GLOP volatility
GLOP Average Weekly Movement	n/a
Commercial Services Industry Average Movement	4.4%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.8%
10% least volatile stocks in GB Market	2.6%

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

Volatility Over Time: Insufficient data to determine GLOP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1978	4,445	Olivier Ginon	www.gl-events.com

GL Events SA provides venues and offices for events. It operates through three divisions: GL Events Live, GL Events Exhibitions, and GL Events Venues. The GL Events Live division offers various business line specializations and services, including turnkey solutions, designing, consulting, and staging the events for corporate, institutional, and sports events.

GL Events SA Fundamentals Summary

How do GL Events's earnings and revenue compare to its market cap?
GLOP fundamental statistics
Market cap	€525.62m
Earnings (TTM)	€67.53m
Revenue (TTM)	€1.47b

7.8x

P/E Ratio

0.4x

P/S Ratio

Is GLOP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLOP income statement (TTM)
Revenue	€1.47b
Cost of Revenue	€114.39m
Gross Profit	€1.36b
Other Expenses	€1.29b
Earnings	€67.53m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	2.30
Gross Margin	92.23%
Net Profit Margin	4.58%
Debt/Equity Ratio	198.8%

How did GLOP perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

15%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/08/13 04:42
End of Day Share Price	2023/05/16 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GL Events SA is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Fabien El Haik	BNP Paribas Exane
Charles Henri de Mortemart	BNP Paribas Exane
Hubert D'Aillieres	CA Cheuvreux