| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
GSPECPLC Overview
Global Spectrum Energy Services Plc operates as an oil and gas offshore support vessel servicing company in West Africa.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦4.19 |
| 52 Week High | ₦4.19 |
| 52 Week Low | ₦4.19 |
| Beta | -0.073 |
| 1 Month Change | 0% |
| 3 Month Change | 0% |
| 1 Year Change | -9.89% |
| 3 Year Change | -27.13% |
| 5 Year Change | n/a |
| Change since IPO | -33.81% |
Recent News & Updates
Shareholder Returns
| GSPECPLC | NG Oil and Gas | NG Market | |
|---|---|---|---|
| 7D | 0% | 0.05% | 1.6% |
| 1Y | -9.9% | 74.7% | 40.0% |
Return vs Industry: GSPECPLC underperformed the NG Oil and Gas industry which returned 74.7% over the past year.
Return vs Market: GSPECPLC underperformed the NG Market which returned 40% over the past year.
Price Volatility
| GSPECPLC volatility | |
|---|---|
| GSPECPLC Beta | -0.073 |
| Industry Beta | 0.55 |
| Market Beta | 1 |
Stable Share Price: GSPECPLC is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: GSPECPLC's weekly volatility (0%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 51 | n/a | https://www.globalspectrumltd.com |
Global Spectrum Energy Services Plc operates as an oil and gas offshore support vessel servicing company in West Africa. The company offers offshore marine support and port services, ROV services, maritime secure security and protection services, integrated logistics management, and marine salvage wreck removal and emergency response, as well as marine crew management, recruitment, training, and consulting services; and environmental services, towage and pilotage services, maritime security and security audit services, maritime survey, ocean towing, barge conveyance, and other marine transportation services. It is also involved in subsea construction and installation; supply of vessels, patrol boats, and anchor handling tugs, as well as maritime machinery equipment, spare parts, and consumables; and supply and distribution of refined petroleum products.
Global Spectrum Energy Services Fundamentals Summary
| GSPECPLC fundamental statistics | |
|---|---|
| Market Cap | ₦3.35b |
| Earnings (TTM) | ₦120.65m |
| Revenue (TTM) | ₦1.56b |
27.8x
P/E Ratio2.1x
P/S RatioIs GSPECPLC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GSPECPLC income statement (TTM) | |
|---|---|
| Revenue | ₦1.56b |
| Cost of Revenue | ₦1.22b |
| Gross Profit | ₦337.25m |
| Expenses | ₦216.59m |
| Earnings | ₦120.65m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.15 |
| Gross Margin | 21.60% |
| Net Profit Margin | 7.73% |
| Debt/Equity Ratio | 0.0% |
How did GSPECPLC perform over the long term?
See historical performance and comparisonValuation
Is Global Spectrum Energy Services 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: GSPECPLC (NGN4.19) is trading below our estimate of fair value (NGN10.54)
Significantly Below Fair Value: GSPECPLC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GSPECPLC is poor value based on its PE Ratio (27.8x) compared to the African Oil and Gas industry average (7.1x).
PE vs Market: GSPECPLC is poor value based on its PE Ratio (27.8x) compared to the NG market (7.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GSPECPLC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GSPECPLC is good value based on its PB Ratio (0.7x) compared to the NG Oil and Gas industry average (0.8x).
Future Growth
How is Global Spectrum Energy Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.3%
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 Global Spectrum Energy Services 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.
Past Performance
How has Global Spectrum Energy Services performed over the past 5 years?
-33.1%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: GSPECPLC has high quality earnings.
Growing Profit Margin: GSPECPLC's current net profit margins (7.7%) are higher than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if GSPECPLC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: GSPECPLC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GSPECPLC had negative earnings growth (-33.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (50.7%).
Return on Equity
High ROE: GSPECPLC's Return on Equity (2.4%) is considered low.
Financial Health
How is Global Spectrum Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: GSPECPLC's short term assets (NGN1.7B) exceed its short term liabilities (NGN466.0M).
Long Term Liabilities: GSPECPLC's short term assets (NGN1.7B) exceed its long term liabilities (NGN98.3M).
Debt to Equity History and Analysis
Debt Level: GSPECPLC is debt free.
Reducing Debt: GSPECPLC has not had any debt for past 5 years.
Debt Coverage: GSPECPLC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GSPECPLC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Global Spectrum Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GSPECPLC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GSPECPLC'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 GSPECPLC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GSPECPLC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GSPECPLC is not paying a notable dividend for the NG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GSPECPLC's dividend in 3 years as they are not forecast to pay a notable one for the NG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average board tenure
CEO
Global Spectrum Energy Services has no CEO, or we have no data on them.
Board Members
Experienced Board: GSPECPLC's board of directors are considered experienced (3.1 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 Spectrum Energy Services Plc's employee growth, exchange listings and data sources
Key Information
- Name: Global Spectrum Energy Services Plc
- Ticker: GSPECPLC
- Exchange: NGSE
- Founded: 2006
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: ₦3.352b
- Shares outstanding: 800.00m
- Website: https://www.globalspectrumltd.com
Number of Employees
Location
- Global Spectrum Energy Services Plc
- 49a Chris Madueke Drive
- Lekki Phase 1
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/17 15:21 |
| End of Day Share Price | 2021/10/15 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.