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

• Market Cap: €207.84M
• Dividend Yield: 3.14%
• Average Volume (3M): 198.78K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.15
• Revenue Growth: -15.45%
• EPS Growth: -74.50%
• Country: IT
• Employees: 136
• Sector: Energy
• Sector Strength: 45
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.17
• Shares Outstanding: 44,909,620
• 10 Day Avg. Volume: 135,615
• 30 Day Avg. Volume: 198,776
• 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: €5.00
• Price Target Upside: 4.82% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 74 Outperform
• Price Target: €5.50 ▲(15.30%Upside)

Gas Plus S.p.A. receives an overall score of 74, driven by strong technical momentum and robust financial performance. Valuation is moderate, supported by a reasonable P/E ratio and a decent dividend yield. The absence of earnings call data and corporate events does not impact the score.

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

Company Description

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. The company was founded in 1960 and is based in Milan, Italy. Gas Plus S.p.A. is a subsidiary of US.FIN. S.r.l.

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
EBITDA	54.16M	70.50M	85.08M	23.78M	-97.71M
Net Income	12.55M	49.22M	3.35M	3.15M	-34.22M
Balance Sheet
Total Assets	518.83M	513.92M	558.15M	507.77M	458.83M
Cash, Cash Equivalents and Short-Term Investments	29.10M	21.55M	30.20M	21.11M	4.57M
Total Debt	52.93M	72.05M	80.45M	103.26M	89.59M
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: 4.77
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 4.77 is above the 20-day moving average (MA) of 4.71, above the 50-day MA of 4.36, and above the 200-day MA of 3.20, indicating a bullish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 61.53 is Neutral, neither overbought nor oversold. The STOCH value of 57.41 is Neutral, 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
GSP	74 Outperform	€207.84M	16.88	5.46%	3.14%	-15.45%	-74.50%
Sector *	52 Neutral	C$2.96B	-1.55	-3.48%	6.54%	3.13%	-49.39%
0N9S	―	€43.52B	17.14	4.83%	6.99%	―	―
0NQP	―	€17.00B	13.51	16.18%	5.76%	―	―
0HXB	―	€17.61B	10.89	10.53%	0.29%	―	―
0LBM	―	€17.00B	15.94	19.05%	4.69%	―	―
SPEA	―	€4.70B	15.66	12.44%	7.00%	―	―