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GASS

StealthGasNasdaqGS:GASS Stock Report

Market Cap

US$97.3m

7D

-3.4%

1Y

4.5%

Updated

20 Oct, 2021

Data

Company Financials +
GASS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends0/6

GASS Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for StealthGas
Historical stock prices
Current Share PriceUS$2.57
52 Week HighUS$2.04
52 Week LowUS$3.32
Beta1.54
1 Month Change2.80%
3 Month Change-1.91%
1 Year Change4.47%
3 Year Change-24.85%
5 Year Change-18.15%
Change since IPO-81.38%

Recent News & Updates

Aug 26
The Return Trends At StealthGas (NASDAQ:GASS) Look Promising

The Return Trends At StealthGas (NASDAQ:GASS) Look Promising

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Jul 06

StealthGas: Significantly Undervalued LPG Shipping Firm

The market remains unconvinced of StealthGas. The shipper, though in a very soft market, continues to generate cash flow and is primed to take advantage if demand picks up. Considering the company's valuation and order book, we see little downside risk here.

May 26

StealthGas EPS beats by $0.05

StealthGas (GASS): Q1 Non-GAAP EPS of $0.02 beats by $0.05; GAAP EPS of $0.02.Revenue of $37.42M (+8.8% Y/Y)Press Release

Shareholder Returns

GASSUS Oil and GasUS Market
7D-3.4%3.6%3.8%
1Y4.5%97.5%31.5%

Return vs Industry: GASS underperformed the US Oil and Gas industry which returned 92.2% over the past year.

Return vs Market: GASS underperformed the US Market which returned 30.5% over the past year.

Price Volatility

Is GASS's price volatile compared to industry and market?
GASS volatility
GASS Beta1.54
Industry Beta1.74
Market Beta1

Stable Share Price: GASS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: GASS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2004n/aHarry Vafiashttps://www.stealthgas.com

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 carriers chartered to oil producers, refiners, and commodities traders. The company’s carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals.

StealthGas Fundamentals Summary

How do StealthGas's earnings and revenue compare to its market cap?
GASS fundamental statistics
Market CapUS$97.30m
Earnings (TTM)US$2.43m
Revenue (TTM)US$151.04m

40.0x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GASS income statement (TTM)
RevenueUS$151.04m
Cost of RevenueUS$87.30m
Gross ProfitUS$63.74m
ExpensesUS$61.31m
EarningsUS$2.43m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.064
Gross Margin42.20%
Net Profit Margin1.61%
Debt/Equity Ratio61.4%

How did GASS perform over the long term?

See historical performance and comparison

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: GASS ($2.57) is trading below our estimate of fair value ($19.43)

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


Price To Earnings Ratio

PE vs Industry: GASS is poor value based on its PE Ratio (40x) compared to the US Oil and Gas industry average (19.3x).

PE vs Market: GASS is poor value based on its PE Ratio (40x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

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


Future Growth

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

-4.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if GASS's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if GASS's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GASS's revenue is expected to decline over the next 3 years (-4.6% per year).

High Growth Revenue: GASS's revenue is forecast to decline over the next 3 years (-4.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has StealthGas performed over the past 5 years?

53.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GASS has a large one-off loss of $7.4M impacting its June 30 2021 financial results.

Growing Profit Margin: GASS's current net profit margins (1.6%) are lower than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: GASS has become profitable over the past 5 years, growing earnings by 53.9% per year.

Accelerating Growth: GASS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GASS had negative earnings growth (-80.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-18.6%).


Return on Equity

High ROE: GASS's Return on Equity (0.4%) is considered low.


Financial Health

How is StealthGas's financial position?


Financial Position Analysis

Short Term Liabilities: GASS's short term assets ($58.7M) do not cover its short term liabilities ($73.2M).

Long Term Liabilities: GASS's short term assets ($58.7M) do not cover its long term liabilities ($308.8M).


Debt to Equity History and Analysis

Debt Level: GASS's debt to equity ratio (61.4%) is considered high.

Reducing Debt: GASS's debt to equity ratio has reduced from 73.3% to 61.4% over the past 5 years.

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

Interest Coverage: GASS's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: GASS is not paying a notable dividend for the US market.


Future Payout to Shareholders

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


Next Steps

Management

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

16.2yrs

Average board tenure


CEO

Harry Vafias (43 yo)

16.83yrs

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

Experienced Board: GASS's board of directors are seasoned and experienced ( 16.2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: StealthGas Inc.
  • Ticker: GASS
  • Exchange: NasdaqGS
  • Founded: 2004
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: US$97.296m
  • Shares outstanding: 37.86m
  • Website: https://www.stealthgas.com

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 23:22
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.