GULF MARINE SERVICES PLC ORD GBP0.02GG

GULF MARINE SERVICES PLC ORD GBP0.02

16.80GBXD
−0.15−0.88%
At close at Mar 7, 16:38 GMT
GBX
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GMS fundamentals

Key facts

Market capitalization‪181.36 M‬GBP
Founded2014
CEO
Websitegmsplc.com
About

Gulf Marine Services Plc engages in the provision of self-propelled and self-elevating support vessels. It operates through the following segments: K-Class Vessels, S-Class Vessels, E-Class Vessels, and Other Vessels. The K-Class Vessels segment includes the Kamikaze, Kikuyu, Kawawa, Kudeta, Keloa, Kinoa and Pepper vessels. The S-Class Vessels segment includes the Shamal, Scirocco and Sharqi vessels. The E-Class Vessels segment includes the Endeavour, Endurance, Enterprise and Evolution vessels. The Other Vessels segment is considered non-core assets, which includes one accommodation barge (Khawla) and one 36-year old vessel (Naashi), which do not form part of the Small, Mid-Size or Large Class Vessels segments. The company was founded in 1977 and is headquartered in Abu Dhabi, United Arab Emirates.

Ownership
‪‪1.07 B‬‬
Free Float shares
‪‪633.41 M‬‬ (59.2%)
Closely held shares
‪‪436.54 M‬‬ (40.8%)
Free Float shares
‪‪633.41 M‬‬ (59.2%)
Closely held shares
‪‪436.54 M‬‬ (40.8%)
Capital structure
Market cap
‪‪181.36 M‬‬
Debt
‪‪199.72 M‬‬
Minority interest
‪‪2.42 M‬‬
Cash & equivalents
‪‪5.89 M‬‬
Enterprise value
‪‪377.61 M‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪181.36 M‬‬
Price to earning ratio (P/E)
5.71x
Price to sales ratio (P/S)
1.51x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
5.71x
Price to sales ratio (P/S)
1.51x
Valuation ratios
‪0.00‬
‪0.40‬
‪0.80‬
‪1.20‬
‪1.60‬
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪0.00‬
‪1.50‬
‪3.00‬
‪4.50‬
‪6.00‬
P/E
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪8.5%‬
‪17.5%‬
‪26.5%‬
‪35.5%‬
‪44.5%‬
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪0.00‬
‪‪16.00 M‬‬
‪‪32.00 M‬‬
‪‪48.00 M‬‬
‪‪64.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪0.00‬
‪‪16.00 M‬‬
‪‪32.00 M‬‬
‪‪48.00 M‬‬
‪‪64.00 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪0.00‬
‪‪16.00 M‬‬
‪‪32.00 M‬‬
‪‪48.00 M‬‬
‪‪64.00 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
E - Class Vessels
K - Class Vessels
S - Class Vessels
By country
Period: 2023
United Arab Emirates
Qatar
Saudi Arabia
Europe

Estimates

Revenue and Earnings forecasts and estimates accuracy

Revenue
H1 '22
H1 '23
H2 '23
H1 '24
H2 '24
‪0.00‬
‪‪20.00 M‬‬
‪‪40.00 M‬‬
‪‪60.00 M‬‬
‪‪80.00 M‬‬
Actual
Estimate
Earnings
Next:May 9, 2025
H1 '22
H1 '23
H2 '23
H1 '24
H2 '24
‪0.00‬
‪0.00‬
‪0.01‬
‪0.01‬
‪0.01‬
Actual

Dividends

Dividend yield, history and sustainability

GMS does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company

Debt level and coverage
H1 '22
H2 '22
H1 '23
H2 '23
H1 '24
‪0.00‬
‪‪80.00 M‬‬
‪‪160.00 M‬‬
‪‪240.00 M‬‬
‪‪320.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪130.00 M‬‬
‪‪260.00 M‬‬
‪‪390.00 M‬‬
‪‪520.00 M‬‬
Assets
Liabilities