GALP Stock Analysis: Galp Energia SGPS S.A. | LS
Oil & Gas Integrated | LS, Portugal | Market Cap: 16.965m EUR | 12M Return: 41.8% | PTGAL0AM0009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 30.8M
EPS Trend: 56.2%
Qual. Beats: 0
Rev. Trend: -64.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Galp Energia SGPS S.A. is an integrated energy operator headquartered in Lisbon, Portugal, with operations spanning both domestic and international markets. The company organizes its business across four segments: Upstream (exploration and production of hydrocarbons, with a focus on Brazil, Mozambique, and Namibia), Industrial & Midstream (refining, logistics, and trading of oil products, gas, power, and CO2 in Portugal), Commercial (retail and B2B sales of fuels, gas, electric mobility, and non-fuel products), and Renewables (power generation and new business development). In addition to its core energy activities, Galp also operates a reinsurance business.
As a player in the integrated oil and gas sector, Galp combines upstream production assets with downstream refining and retail operations, a vertically integrated model that allows it to capture value across the energy value chain. The companys strategic emphasis on renewables and new energy businesses reflects the broader industry shift toward energy transition and decarbonization, while its upstream footprint in deepwater basins off the coasts of Brazil and Africa positions it within some of the more active exploration regions globally.
- Mopane Namibia discovery accelerates upstream production growth
- Sines refinery margins track European crack spreads
- Brazil pre-salt deepwater output drives segment revenue
- Renewables capacity expansion targets multi-gigawatt portfolio by 2025
| Net Income: 1.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -1.15 > 1.0 |
| NWC/Revenue: 11.08% < 20% (prev 11.96%; Δ -0.87% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.40b > Net Income 1.15b |
| Net Debt (-755.0m) to EBITDA (3.39b): -0.22 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (723.0m) vs 12m ago -3.23% < -2% |
| Gross Margin: 15.52% > 18% (prev 11.82%; Δ 3.70% > 0.5%) |
| Asset Turnover: 132.9% > 50% (prev 135.7%; Δ -2.84% > 0%) |
| Interest Coverage Ratio: 18.38 > 6 (EBIT TTM 2.65b / Interest Expense TTM 144.0m) |
| A: 0.14 (Total Current Assets 6.87b - Total Current Liabilities 4.49b) / Total Assets 16.8b |
| B: 0.19 (Retained Earnings 3.22b / Total Assets 16.8b) |
| C: 0.16 (EBIT TTM 2.65b / Avg Total Assets 16.1b) |
| D: 0.43 (Book Value of Equity 4.75b / Total Liabilities 11.1b) |
| Altman-Z'' = 3.11 = A |
| DSRI: 1.30 (Receivables 1.74b/1.31b, Revenue 21.4b/21.0b) |
| GMI: 0.76 (GM 11.82% / 15.52%) |
| AQI: 1.11 (AQ_t 0.13 / AQ_t-1 0.12) |
| SGI: 1.02 (Revenue 21.4b / 21.0b) |
| TATA: -0.02 (NI 1.15b - CFO 1.40b) / TA 16.8b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of October 09, 2026, the stock is trading at EUR 22.69 with a total of 1,512,549 shares traded. Over the past week, the price has changed by +3.28%, over one month by +7.59%, over three months by +16.82% and over the past year by +41.82%.
Current recommended Stop Loss: 21.50 (which is 5.2% or 2.2 ATR below the current price).
Galp Energia SGPS S.A. has no consensus analysts rating.
P/E Trailing = 13.8344
P/E Forward = 11.5741
P/S = 0.7302
P/B = 3.42
P/EG = 0.952
Revenue TTM = 21.4b EUR
EBIT TTM = 2.65b EUR
EBITDA TTM = 3.39b EUR
Long Term Debt = 3.07b EUR (from longTermDebt, last quarter)
Short Term Debt = 300.0m EUR (from shortLongTermDebt, last quarter)
Debt = 1.23b EUR (Leases only: 1.23b)
Net Debt = -755.0m EUR (calculated: Debt 1.23b - CCE 1.99b)
Enterprise Value = 16.2b EUR (17.0b + Debt 1.23b - CCE 1.99b)
Interest Coverage Ratio = 18.38 (Ebit TTM 2.65b / Interest Expense TTM 144.0m)
EV/FCF = 45.92x (Enterprise Value 16.2b / FCF TTM 353.0m)
FCF Yield = 2.18% (FCF TTM 353.0m / Enterprise Value 16.2b)
FCF Margin = 1.65% (FCF TTM 353.0m / Revenue TTM 21.4b)
Net Margin = 5.34% (Net Income TTM 1.15b / Revenue TTM 21.4b)
Gross Margin = 15.52% ((Revenue TTM 21.4b - Cost of Revenue TTM 18.1b) / Revenue TTM)
Gross Margin QoQ = 19.60% (prev 15.55%)
Tobins Q-Ratio = 0.97 (Enterprise Value 16.2b / Total Assets 16.8b)
Interest Expense / Debt = 11.69% (Interest Expense 144.0m / Debt 1.23b)
Taxrate = 39.30% (984.0m / 2.50b)
NOPAT = 1.61b (EBIT 2.65b * (1 - 39.30%))
Current Ratio = 1.53 (Total Current Assets 6.87b / Total Current Liabilities 4.49b)
Debt / Equity = 0.26 (Debt 1.23b / totalStockholderEquity, last quarter 4.75b)
Debt / EBITDA = -0.22 (Net Debt -755.0m / EBITDA 3.39b)
Debt / FCF = -2.14 (Net Debt -755.0m / FCF TTM 353.0m)
Total Stockholder Equity = 4.41b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.10% (Net Income 1.15b / Total Assets 16.8b)
RoE = 25.95% (Net Income TTM 1.15b / Total Stockholder Equity 4.41b)
RoCE = 35.38% (EBIT 2.65b / Capital Employed (Equity 4.41b + L.T.Debt 3.07b))
RoIC = 14.35% (NOPAT 1.61b / Invested Capital 11.2b)
WACC = 6.32% (E(17.0b)/V(18.2b) * Re(6.26%) + D(1.23b)/V(18.2b) * Rd(11.69%) * (1-Tc(0.39)))
Discount Rate = 6.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.37 | Cagr: -3.07%
[DCF] Terminal Value 73.10% ; FCFF base≈413.8m ; Y1≈362.9m ; Y5≈293.2m
[DCF] Fair Price = 7.55 (EV 4.71b - Net Debt -755.0m = Equity 5.46b / Shares 723.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 56.22 | EPS CAGR: 10.14% | SUE: 0.62 | # QB: 0
Revenue Correlation: -64.95 | Revenue CAGR: -4.05% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=2.25 | Chg30d=+5.46% | Revisions=+70% | GrowthEPS=+49.0% | GrowthRev=+34.8%
EPS next Year (2027-12-31): EPS=1.90 | Chg30d=+4.88% | Revisions=+67% | GrowthEPS=-15.6% | GrowthRev=-6.6%
[Analyst] Revisions Ratio: +81% (up=13, down=0)