Gas Plus S.p.A. (GSP) AI Stock Analysis

• Market Cap: €210.46M
• Dividend Yield: 3.1%
• Average Volume (3M): 157.43K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 0.16
• Revenue Growth: -15.45%
• EPS Growth: -74.50%
• Country: IT
• Employees: 136
• Sector: Energy
• Sector Strength: 74
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.17
• Shares Outstanding: 44,909,620
• 10 Day Avg. Volume: 292,872
• 30 Day Avg. Volume: 157,429
• PEG Ratio: 2.57
• Price to Book (P/B): 0.50
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.15
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 61 Neutral
• Price Target: €5.00 ▼(-0.40%Downside)

Gas Plus S.p.A. shows a stable financial performance with strong cash flow management and a solid balance sheet, which contributes significantly to its overall score. However, the technical indicators suggest caution due to overbought conditions, impacting the overall score negatively. Valuation metrics indicate a fair price, supported by a decent dividend yield.

Gas Plus S.p.A. Business Overview & Revenue Model

Company Description

Gas Plus S.p.A. (GSP) is an Italian company primarily engaged in the exploration, production, distribution, and sale of natural gas. Operating in the energy sector, Gas Plus is recognized as one of the leading non-integrated operators in the Italian natural gas market. The company focuses on upstream activities, which include the exploration and production of natural gas, as well as midstream and downstream operations, covering storage, distribution, and sales of natural gas to end-users.

How the Company Makes Money

Gas Plus S.p.A. generates revenue through several key streams. The primary source of income is from its upstream operations, where the company explores and produces natural gas, which is then sold in the market. In addition to this, Gas Plus earns money from its midstream activities, including the storage of natural gas, which provides a steady stream of income through leasing storage capacity to other companies. The downstream operations involve the distribution and sale of natural gas to both residential and commercial customers. The company also benefits from strategic partnerships with other entities in the energy sector, which enhance its market presence and operational efficiency, contributing to its revenue.

Gas Plus S.p.A. Financial Statement Overview

Summary

Gas Plus S.p.A. has demonstrated a solid financial performance with strong cash flow management and a stable balance sheet. Despite some revenue volatility and decreasing profit margins, the company maintains decent operational efficiency and financial stability.

Income Statement

Gas Plus S.p.A. shows a mixed performance in its income statement. The company has seen fluctuating revenue over the past few years, with a notable decrease in 2024 compared to 2023. In terms of profitability, the gross profit margin and net profit margin have decreased in the latest period compared to previous years. However, the company has managed to maintain a positive EBIT and EBITDA margin. This indicates decent operational efficiency despite the revenue challenges.

Balance Sheet

The balance sheet of Gas Plus S.p.A. reflects a relatively strong equity position with a positive equity ratio. The debt-to-equity ratio has improved over the years, showing a decrease in leverage. Return on equity has shown volatility, indicating fluctuating profitability. Overall, the company's financial stability appears to be solid with manageable debt levels.

Cash Flow

Gas Plus S.p.A. has demonstrated strong cash flow management. The operating cash flow to net income ratio is healthy, indicating effective cash generation relative to net income. The free cash flow has turned positive again after a negative period, suggesting improved cash availability for reinvestment and debt servicing. The company shows a solid ability to generate cash from operations.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
130.99M	157.06M	235.21M	84.64M	75.32M
	Gross Profit
22.14M	78.27M	88.09M	26.31M	18.38M
	EBIT
26.48M	47.91M	65.47M	521.00K	-8.82M
	EBITDA
54.16M	70.50M	85.08M	23.78M	-97.71M
	Net Income Common Stockholders
12.55M	49.22M	3.35M	3.15M	-34.22M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
29.10M	21.55M	30.20M	21.11M	4.57M
	Total Assets
518.83M	513.92M	558.15M	507.77M	458.83M
	Total Debt
52.93M	72.05M	80.45M	103.26M	89.59M
	Net Debt
23.83M	50.99M	50.26M	82.16M	85.02M
	Total Liabilities
287.74M	284.97M	371.64M	336.73M	280.90M
	Stockholders Equity
230.96M	228.81M	186.36M	170.88M	177.76M
Cash Flow		Free Cash Flow
36.65M	-5.25M	35.93M	2.96M	-17.13M
	Operating Cash Flow
47.74M	19.25M	63.27M	21.05M	3.26M
	Investing Cash Flow
-13.67M	-16.99M	-26.66M	-18.09M	-20.39M
	Financing Cash Flow
-26.24M	-11.59M	-27.46M	13.56M	10.01M

Gas Plus S.p.A. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:GSP, the sentiment is Positive. The current price of 5.02 is above the 20-day moving average (MA) of 4.22, above the 50-day MA of 3.69, and above the 200-day MA of 2.93, indicating a bullish trend. The MACD of 0.40 indicates Negative momentum. The RSI at 77.39 is Negative, neither overbought nor oversold. The STOCH value of 85.30 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:GSP.

Gas Plus S.p.A. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRN	78 Outperform	€17.94B	16.87	19.05%	2.67%	15.80%	19.91%
TEN	78 Outperform	€16.91B	10.32	10.53%	6.16%	-14.41%	-44.84%
SPM	77 Outperform	€4.75B	15.49	12.44%	7.06%	22.53%	73.36%
SRG	75 Outperform	€17.64B	14.01	16.18%	4.41%	-16.40%	10.90%
ENI	73 Outperform	€43.14B	16.99	4.83%	7.01%	-1.16%	-23.76%
GSP	61 Neutral	€210.46M	16.77	5.46%	3.10%	-15.45%	-74.50%
Sector *	58 Neutral	$7.58B	3.29	-4.46%	10.00%	0.84%	-49.61%