LSE:GPH

Stock Analysis Report

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Executive Summary

Global Ports Holding Plc operates ports in Turkey, Montenegro, Malta, Spain, Bahamas, Antigua and Barbuda, Italy, and Croatia. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.

Share Price & News

How has Global Ports Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GPH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.9%

GPH

-5.9%

GB Infrastructure

-3.4%

GB Market


1 Year Return

-79.3%

GPH

-35.5%

GB Infrastructure

-19.7%

GB Market

Return vs Industry: GPH underperformed the UK Infrastructure industry which returned -35.5% over the past year.

Return vs Market: GPH underperformed the UK Market which returned -19.7% over the past year.


Shareholder returns

GPHIndustryMarket
7 Day-12.9%-5.9%-3.4%
30 Day-21.3%-1.2%-4.5%
90 Day-30.7%-2.6%-5.1%
1 Year-78.1%-79.3%-26.1%-35.5%-16.6%-19.7%
3 Year-85.5%-88.1%-27.1%-40.4%-12.8%-23.6%
5 Yearn/a17.2%-7.6%9.9%-14.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Global Ports Holding 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: GPH (£0.61) is trading below our estimate of fair value (£2.1)

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GPH's PB Ratio (0.9x) is in line with the GB Infrastructure industry average.


Next Steps

Future Growth

How is Global Ports Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

61.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GPH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: GPH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GPH's is expected to become profitable in the next 3 years.

Revenue vs Market: GPH's revenue (15.8% per year) is forecast to grow faster than the UK market (5.8% per year).

High Growth Revenue: GPH's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GPH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Global Ports Holding performed over the past 5 years?

-65.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GPH is currently unprofitable.

Growing Profit Margin: GPH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GPH is unprofitable, and losses have increased over the past 5 years at a rate of 65.4% per year.

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

Earnings vs Industry: GPH is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-47.7%).


Return on Equity

High ROE: GPH has a negative Return on Equity (-27.6%), as it is currently unprofitable.


Next Steps

Financial Health

How is Global Ports Holding's financial position?


Financial Position Analysis

Short Term Liabilities: GPH's short term assets ($152.7M) exceed its short term liabilities ($114.8M).

Long Term Liabilities: GPH's short term assets ($152.7M) do not cover its long term liabilities ($625.3M).


Debt to Equity History and Analysis

Debt Level: GPH's debt to equity ratio (395.7%) is considered high.

Reducing Debt: GPH's debt to equity ratio has increased from 168.9% to 395.7% over the past 5 years.

Debt Coverage: GPH's debt is not well covered by operating cash flow (11%).

Interest Coverage: Insufficient data to determine if GPH's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Global Ports Holding current dividend yield, its reliability and sustainability?

49.77%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: GPH is not paying a notable dividend for the UK market.


Future Payout to Shareholders

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


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

H. Sayin (53 yo)

4.42yrs

Tenure

Mr. H. Emre Sayin has been the Chief Executive Officer at Global Ports Holding Plc (alternative name Global Liman Isletmeleri A.S.) since May 16, 2016. Mr. Sayin has worked as the Chief Business Developmen ...


Leadership Team

NamePositionTenureCompensationOwnership
Mehmet Kutman
Co-Founder & Executive Chairman3.5yrsUS$560.32kno data
H. Sayin
Chief Executive Officer4.42yrsno datano data
Ferdag Ildir
Chief Financial Officer10.75yrsno datano data
Stephen Xuereb
Chief Operating Officer4.75yrsno datano data
Jan Fomferra
Head of Corporate Finance4.75yrsno datano data
Martin Brown
Investor Relations Director2.5yrsno datano data
Ece Gürsoy
Chief Legal Officer2.75yrsno datano data
Hande Dogu
Human Resources Director2.25yrsno datano data
Mark Robinson
Head of Business Development – Europe & Asia Pacific2.67yrsno datano data
Colin Murphy
Head of Business Development – Americasno datano datano data
Alison Chilcott
Company Secretary3yrsno datano data

3.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: GPH's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mehmet Kutman
Co-Founder & Executive Chairman3.5yrsUS$560.32kno data
Andrew Stuart
Independent Non-Executive Director0.67yrno datano data
Ercan Ergül
Non-Executive Director3.5yrsUS$120.00kno data
Aysegül Bensel
Non-Executive Vice Chairpersonno dataUS$180.93kno data
Jérôme Bernard Jean Bayle
Independent Non-Executive Director3.5yrsUS$120.00kno data
Peter Mandelson
Senior Independent Director3.5yrsUS$158.06kno data

3.5yrs

Average Tenure

58yo

Average Age

Experienced Board: GPH's board of directors are considered experienced (3.5 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

Global Ports Holding Plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Global Ports Holding Plc
  • Ticker: GPH
  • Exchange: LSE
  • Founded: 2004
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: UK£38.324m
  • Shares outstanding: 62.83m
  • Website: https://www.globalportsholding.com

Number of Employees


Location

  • Global Ports Holding Plc
  • Rihtim Caddesi No: 51
  • Karaköy
  • Istanbul
  • 34425
  • Turkey

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6P9DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2017
GPHLSE (London Stock Exchange)YesOrdinary SharesGBGBPMay 2017
GPHLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMay 2017

Biography

Global Ports Holding Plc operates ports in Turkey, Montenegro, Malta, Spain, Bahamas, Antigua and Barbuda, Italy, and Croatia. It operates cruise ports for serving cruise liners, ferries, yachts, and mega- ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 21:06
End of Day Share Price2020/10/28 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.