(GSP) Gas Plus S.p.A. - Overview
Exchange: MI •
Country: Italy •
Currency: EUR •
Type: Common Stock •
ISIN: IT0004098510
Stock: Gas Extraction, Gas Distribution, Gas Sales, Gas Storage, Oil Sales
Total Rating 54
Risk 75
Buy Signal -0.34
| Risk 5d forecast | |
|---|---|
| Volatility | 60.0% |
| Relative Tail Risk | -18.9% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.04 |
| Alpha | 142.09 |
| Character TTM | |
|---|---|
| Beta | -0.217 |
| Beta Downside | -0.343 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.29% |
| CAGR/Max DD | 1.87 |
Description: GSP Gas Plus S.p.A. March 24, 2026
Gas Plus S.p.A. (GSP) is an Italian integrated oil and gas company. Its activities include natural gas extraction, distribution, and sale. The company also handles natural gas transport and storage, and sells methane gas, oil, and condensates. The integrated oil and gas sector involves upstream (exploration, extraction) and downstream (processing, distribution) operations.
Founded in 1960 and based in Milan, Italy, Gas Plus S.p.A. operates as a subsidiary of US.FIN. S.r.l. Understanding GSPs full operational scope and financial health is crucial for investors. For further detailed analysis, investors should consider ValueRays comprehensive reports.
Headlines to watch out for
- Natural gas extraction volumes directly impact revenue
- Wholesale natural gas prices dictate sales margins
- Italian energy policy changes affect distribution and storage
- Oil and condensate sales contribute to diversified revenue
- European natural gas demand influences pricing and outlook
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 32.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -15.80 > 1.0 |
| NWC/Revenue: -6.46% < 20% (prev -3.52%; Δ -2.94% < -1%) |
| CFO/TA 0.21 > 3% & CFO 109.9m > Net Income 32.1m |
| Net Debt (20.2m) to EBITDA (11.5m): 1.75 < 3 |
| Current Ratio: 0.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.6m) vs 12m ago -0.00% < -2% |
| Gross Margin: 56.60% > 18% (prev 0.57%; Δ 5.60k% > 0.5%) |
| Asset Turnover: 54.67% > 50% (prev 69.59%; Δ -14.92% > 0%) |
| Interest Coverage Ratio: -0.03 > 6 (EBITDA TTM 11.5m / Interest Expense TTM 8.74m) |
Altman Z'' 1.13
| A: -0.04 (Total Current Assets 83.5m - Total Current Liabilities 102.1m) / Total Assets 526.1m |
| B: 0.25 (Retained Earnings 130.5m / Total Assets 526.1m) |
| C: -0.00 (EBIT TTM -251k / Avg Total Assets 527.7m) |
| D: 0.53 (Book Value of Equity 153.9m / Total Liabilities 289.8m) |
| Altman-Z'' Score: 1.13 = BB |
Beneish M -3.69
| DSRI: 0.59 (Receivables 24.0m/51.6m, Revenue 288.5m/368.4m) |
| GMI: 1.00 (GM 56.60% / 56.81%) |
| AQI: 0.96 (AQ_t 0.55 / AQ_t-1 0.58) |
| SGI: 0.78 (Revenue 288.5m / 368.4m) |
| TATA: -0.15 (NI 32.1m - CFO 109.9m) / TA 526.1m) |
| Beneish M-Score: -3.69 (Cap -4..+1) = AAA |
What is the price of GSP shares?
As of March 25, 2026, the stock is trading at EUR 6.80 with a total of 95,719 shares traded.
Over the past week, the price has changed by +3.66%, over one month by +11.48%, over three months by +0.89% and over the past year by +143.54%.
Over the past week, the price has changed by +3.66%, over one month by +11.48%, over three months by +0.89% and over the past year by +143.54%.
Is GSP a buy, sell or hold?
Gas Plus S.p.A. has no consensus analysts rating.
What are the forecasts/targets for the GSP price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.5 | -4.4% |
| Analysts Target Price | - | - |
GSP Fundamental Data Overview March 24, 2026
Market Cap USD = 338.5m (292.8m EUR * 1.1562 EUR.USD)
P/E Trailing = 16.8
P/S = 1.8955
P/B = 1.2686
Revenue TTM = 288.5m EUR
EBIT TTM = -251k EUR
EBITDA TTM = 11.5m EUR
Long Term Debt = 2.63m EUR (from longTermDebt, last quarter)
Short Term Debt = 38.1m EUR (from shortLongTermDebt, last quarter)
Debt = 40.8m EUR (Calculated: Short Term 38.1m + Long Term 2.63m)
Net Debt = 20.2m EUR (from netDebt column, last fiscal year)
Enterprise Value = 290.8m EUR (292.8m + Debt 40.8m - CCE 42.8m)
Interest Coverage Ratio = -0.03 (Ebit TTM -251k / Interest Expense TTM 8.74m)
EV/FCF = -52.77x (Enterprise Value 290.8m / FCF TTM -5.51m)
FCF Yield = -1.89% (FCF TTM -5.51m / Enterprise Value 290.8m)
FCF Margin = -1.91% (FCF TTM -5.51m / Revenue TTM 288.5m)
Net Margin = 11.13% (Net Income TTM 32.1m / Revenue TTM 288.5m)
Gross Margin = 56.60% ((Revenue TTM 288.5m - Cost of Revenue TTM 125.2m) / Revenue TTM)
Gross Margin QoQ = 72.51% (prev 76.76%)
Tobins Q-Ratio = 0.55 (Enterprise Value 290.8m / Total Assets 526.1m)
Interest Expense / Debt = 21.45% (Interest Expense 8.74m / Debt 40.8m)
Taxrate = 28.94% (4.14m / 14.3m)
NOPAT = -178k (EBIT -251k * (1 - 28.94%)) [loss with tax shield]
Current Ratio = 0.82 (Total Current Assets 83.5m / Total Current Liabilities 102.1m)
Debt / Equity = 0.17 (Debt 40.8m / totalStockholderEquity, last quarter 236.3m)
Debt / EBITDA = 1.75 (Net Debt 20.2m / EBITDA 11.5m)
Debt / FCF = -3.66 (negative FCF - burning cash) (Net Debt 20.2m / FCF TTM -5.51m)
Total Stockholder Equity = 230.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.09% (Net Income 32.1m / Total Assets 526.1m)
RoE = 13.92% (Net Income TTM 32.1m / Total Stockholder Equity 230.8m)
RoCE = -0.11% (EBIT -251k / Capital Employed (Equity 230.8m + L.T.Debt 2.63m))
RoIC = -0.06% (negative operating profit) (NOPAT -178k / Invested Capital 284.4m)
WACC = 6.44% (E(292.8m)/V(333.6m) * Re(5.22%) + D(40.8m)/V(333.6m) * Rd(21.45%) * (1-Tc(0.29)))
Discount Rate = 5.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 81.65 | Cagr: 0.22%
[DCF] Fair Price = unknown (Cash Flow -5.51m)
Revenue Correlation: 42.36 | Revenue CAGR: 34.94% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=0.82 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+46.9% | Growth Revenue=+18.2%
P/E Trailing = 16.8
P/S = 1.8955
P/B = 1.2686
Revenue TTM = 288.5m EUR
EBIT TTM = -251k EUR
EBITDA TTM = 11.5m EUR
Long Term Debt = 2.63m EUR (from longTermDebt, last quarter)
Short Term Debt = 38.1m EUR (from shortLongTermDebt, last quarter)
Debt = 40.8m EUR (Calculated: Short Term 38.1m + Long Term 2.63m)
Net Debt = 20.2m EUR (from netDebt column, last fiscal year)
Enterprise Value = 290.8m EUR (292.8m + Debt 40.8m - CCE 42.8m)
Interest Coverage Ratio = -0.03 (Ebit TTM -251k / Interest Expense TTM 8.74m)
EV/FCF = -52.77x (Enterprise Value 290.8m / FCF TTM -5.51m)
FCF Yield = -1.89% (FCF TTM -5.51m / Enterprise Value 290.8m)
FCF Margin = -1.91% (FCF TTM -5.51m / Revenue TTM 288.5m)
Net Margin = 11.13% (Net Income TTM 32.1m / Revenue TTM 288.5m)
Gross Margin = 56.60% ((Revenue TTM 288.5m - Cost of Revenue TTM 125.2m) / Revenue TTM)
Gross Margin QoQ = 72.51% (prev 76.76%)
Tobins Q-Ratio = 0.55 (Enterprise Value 290.8m / Total Assets 526.1m)
Interest Expense / Debt = 21.45% (Interest Expense 8.74m / Debt 40.8m)
Taxrate = 28.94% (4.14m / 14.3m)
NOPAT = -178k (EBIT -251k * (1 - 28.94%)) [loss with tax shield]
Current Ratio = 0.82 (Total Current Assets 83.5m / Total Current Liabilities 102.1m)
Debt / Equity = 0.17 (Debt 40.8m / totalStockholderEquity, last quarter 236.3m)
Debt / EBITDA = 1.75 (Net Debt 20.2m / EBITDA 11.5m)
Debt / FCF = -3.66 (negative FCF - burning cash) (Net Debt 20.2m / FCF TTM -5.51m)
Total Stockholder Equity = 230.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 6.09% (Net Income 32.1m / Total Assets 526.1m)
RoE = 13.92% (Net Income TTM 32.1m / Total Stockholder Equity 230.8m)
RoCE = -0.11% (EBIT -251k / Capital Employed (Equity 230.8m + L.T.Debt 2.63m))
RoIC = -0.06% (negative operating profit) (NOPAT -178k / Invested Capital 284.4m)
WACC = 6.44% (E(292.8m)/V(333.6m) * Re(5.22%) + D(40.8m)/V(333.6m) * Rd(21.45%) * (1-Tc(0.29)))
Discount Rate = 5.22% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 81.65 | Cagr: 0.22%
[DCF] Fair Price = unknown (Cash Flow -5.51m)
Revenue Correlation: 42.36 | Revenue CAGR: 34.94% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=0.82 | Chg7d=+0.000 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+46.9% | Growth Revenue=+18.2%