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Financial Analysis

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v0.1
GSP.MI$5.87-0.17%
Fair $5.87+0.0%

GSP.MI

Gas Plus S.p.A.

Energy / Oil & Gas E&PMilan

$5.87

-0.01 (-0.17%)

Fairly Valued+0.0%Fair Value $5.87Fund rank 34/100 · Data gapFallback financials|
SA 60/B
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 32% · confianza 25%

FCF escenarios

weak_data · normalized FCF $33.4M · quality 66.0/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 50/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

60/100

B

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific commodity mid-cycle model required: targets are disabled until normalized cycle price/cost-curve/reserve data exists.
Thesis & Journal · GSP.MILocal privado en este navegador · Gas Plus S.p.A.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$256M

P/E

13.0x

↓

EV/EBITDA

3.2x

↓

ROE

8.0%

↑

Gross Margin

44.0%

↑

Debt/Equity

0.19

↓
52-Week Range$6
$4$8

TradingView lightweight chart

GSP.MI price, volumen y niveles de valoración

Último $5.880Periodo -35.9%
Fair value: $5.870

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-10.6%

FCF CAGR

+9.2%

FCF margin

28.0%

FCF / Net income

2.36x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $167.1M · net income $19.8M · FCF $46.8M

2022-FY → 2025-FY

Gross margin

44.0%-4.8% pts

Operating margin

21.8%-0.9% pts

Net margin

11.8%+10.4% pts

FCF margin

28.0%+12.6% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$167.1M$167.1M$134.0M$159.2M$233.6M
Net Income$19.8M$19.8M$12.5M$49.2M$3.4M
EBITDA$81.4M$81.4M$53.2M$70.5M$86.9M
EPS0.450.450.291.130.08
Gross Margin44.0%44.0%50.4%55.1%48.8%
Operating Margin21.8%21.8%20.2%29.9%22.7%
Net Margin11.8%11.8%9.4%30.9%1.4%
Balance Sheet
Debt/Equity0.190.190.230.310.43
Current Ratio1.031.03———
Cash Flow
Free Cash Flow$46.8M$46.8M$33.4M$-5.2M$35.9M
Returns
ROE8.0%8.0%5.4%21.5%1.8%
Valuation
P/E13.0413.0412.212.2731.62
EV/EBITDA3.213.213.352.311.85
P/B1.041.040.670.490.59
Growth & Yield
Revenue Growth24.7%24.7%-15.8%-31.9%—
EPS Growth55.2%55.2%-74.3%1312.0%—
Dividend Yield4.3%4.3%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

5.0%

fácil

EPS terminal req.

$0.52

Spread vs growth

50.2%

5Y implied EPS CAGR

7.0%

razonable

EPS terminal req.

$0.63

Spread vs growth

48.2%

10Y implied EPS CAGR

8.5%

razonable

EPS terminal req.

$1.02

Spread vs growth

46.7%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +62.7%

Total return

+62.7%

Start / end P/E

12.8x → 13.1x

EPS bridge

0.29 → 0.45

Residual

+1.2%

EPS growth+55.2%
Multiple rerating+2.1%
Dividend+4.3%
Residual / FX / buybacks / cross-term+1.2%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.