GSP Stock Overview
Gas Plus S.p.A. engages in the exploration and production of natural gas in Italy.
Gas Plus Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€3.54|
|52 Week High||€6.50|
|52 Week Low||€1.81|
|1 Month Change||0%|
|3 Month Change||-17.29%|
|1 Year Change||84.86%|
|3 Year Change||62.39%|
|5 Year Change||23.35%|
|Change since IPO||-61.40%|
Recent News & Updates
These 4 Measures Indicate That Gas Plus (BIT:GSP) Is Using Debt In A Risky Way
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Gas Plus' (BIT:GSP) Returns On Capital Tell Us There Is Reason To Feel Uneasy
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
|GSP||IT Oil and Gas||IT Market|
Return vs Industry: GSP exceeded the Italian Oil and Gas industry which returned 17.2% over the past year.
Return vs Market: GSP exceeded the Italian Market which returned -5% over the past year.
|GSP Average Weekly Movement||13.7%|
|Oil and Gas Industry Average Movement||8.4%|
|Market Average Movement||6.1%|
|10% most volatile stocks in IT Market||8.5%|
|10% least volatile stocks in IT Market||3.8%|
Stable Share Price: GSP is more volatile than 90% of Italian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: GSP's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Italian stocks.
About the Company
Gas Plus S.p.A. engages in the exploration and production of natural gas in Italy. The company is also involved in the distribution, transport, and storage of natural gas; and sells methane gas, and oil and condensates. As of December 31, 2020, its 2P hydrocarbon reserves consisted of 3.765,8 million cubic meters of gas equivalent.
Gas Plus Fundamentals Summary
|GSP fundamental statistics|
Is GSP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GSP income statement (TTM)|
|Cost of Revenue||€57.92m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Sep 07, 2022
|Earnings per share (EPS)||0.072|
|Net Profit Margin||3.74%|
How did GSP perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Does GSP pay a reliable dividends?See GSP dividend history and benchmarks
|Gas Plus dividend dates|
|Ex Dividend Date||Jul 18 2022|
|Dividend Pay Date||Jul 20 2022|
|Days until Ex dividend||53 days|
|Days until Dividend pay date||55 days|
Does GSP pay a reliable dividends?See GSP dividend history and benchmarks
Is Gas Plus undervalued compared to its fair value and its price relative to the market?
Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GSP (€3.54) is trading above our estimate of fair value (€1.48)
Significantly Below Fair Value: GSP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GSP is poor value based on its Price-To-Earnings Ratio (49x) compared to the European Oil and Gas industry average (9.4x).
PE vs Market: GSP is poor value based on its Price-To-Earnings Ratio (49x) compared to the Italian market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GSP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSP is good value based on its Price-To-Book Ratio (0.9x) compared to the XE Oil and Gas industry average (1x).
How is Gas Plus forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GSP's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if GSP's earnings are forecast to grow faster than the Italian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GSP's revenue (20% per year) is forecast to grow faster than the Italian market (-0.03% per year).
High Growth Revenue: GSP's revenue (20% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GSP's Return on Equity is forecast to be low in 3 years time (6.6%).
How has Gas Plus performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GSP has a large one-off gain of €13.2M impacting its December 31 2021 financial results.
Growing Profit Margin: GSP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: GSP has become profitable over the past 5 years, growing earnings by -54.6% per year.
Accelerating Growth: GSP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GSP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (63.8%).
Return on Equity
High ROE: GSP's Return on Equity (1.8%) is considered low.
How is Gas Plus's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GSP's short term assets (€75.7M) do not cover its short term liabilities (€101.9M).
Long Term Liabilities: GSP's short term assets (€75.7M) do not cover its long term liabilities (€234.8M).
Debt to Equity History and Analysis
Debt Level: GSP's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: GSP's debt to equity ratio has increased from 33.2% to 70.6% over the past 5 years.
Debt Coverage: GSP's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: Insufficient data to determine if GSP's interest payments on its debt are well covered by EBIT.
What is Gas Plus's current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GSP's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.61%).
High Dividend: GSP's dividend (1.41%) is low compared to the top 25% of dividend payers in the Italian market (4.78%).
Stability and Growth of Payments
Stable Dividend: GSP has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GSP has only been paying a dividend for 9 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.3%), GSP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.5%), GSP's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Davide Usberti serves as Managing Director and Chief Executive Officer at Gas Plus S.p.A. and served as its Chairman of the Board until 2021 and also serves as its Director.
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Davide's total compensation is reasonable compared to companies of similar size in the Italian market.
Compensation vs Earnings: Insufficient data to compare Davide's compensation with company performance.
Experienced Board: GSP's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Gas Plus S.p.A.'s employee growth, exchange listings and data sources
- Name: Gas Plus S.p.A.
- Ticker: GSP
- Exchange: BIT
- Founded: 1960
- Industry: Integrated Oil and Gas
- Sector: Energy
- Implied Market Cap: €154.248m
- Shares outstanding: 43.57m
- Website: https://www.gasplus.it
Number of Employees
- Gas Plus S.p.A.
- Viale Enrico Forlanini no. 17
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
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.