Financials Gulf Petroleum Investment Company K.P.S.C.

Equities

GPI

KW0EQ0601827

Oil Related Services and Equipment

End-of-day quote Kuwait S.E. 06:00:00 2023-03-29 pm EDT 5-day change 1st Jan Change
0.0135 KWD +4.65% Intraday chart for Gulf Petroleum Investment Company K.P.S.C. -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 13.45 9.161 8.797 11.17 6.609 6.153
Enterprise Value (EV) 1 21.77 17.28 17.34 19.44 14.78 16.95
P/E ratio -5.08 x -6.48 x -1.24 x -10.5 x 28 x -2.55 x
Yield - - - - - -
Capitalization / Revenue 4.29 x 2.18 x 2.07 x 2.18 x 0.85 x 1.08 x
EV / Revenue 6.94 x 4.11 x 4.09 x 3.79 x 1.9 x 2.98 x
EV / EBITDA 189 x 26.8 x -43.8 x 18.5 x 6.35 x -44.7 x
EV / FCF 26 x 20.3 x 22.8 x -4.45 x 44.5 x 11.1 x
FCF Yield 3.84% 4.93% 4.39% -22.5% 2.25% 9.01%
Price to Book 0.32 x 0.22 x 0.26 x 0.34 x 0.2 x 0.33 x
Nbr of stocks (in thousands) 455,782 455,782 455,782 455,782 455,782 455,782
Reference price 2 0.0295 0.0201 0.0193 0.0245 0.0145 0.0135
Announcement Date 4/7/19 6/21/20 4/28/21 3/31/22 6/18/23 3/31/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 3.134 4.208 4.24 5.125 7.798 5.685
EBITDA 1 0.1154 0.6451 -0.396 1.053 2.33 -0.3795
EBIT 1 -1.89 -1.332 -2.469 -1.279 0.252 -1.8
Operating Margin -60.29% -31.67% -58.24% -24.95% 3.23% -31.65%
Earnings before Tax (EBT) 1 -2.636 -1.341 -7.046 -1.004 0.3377 -2.326
Net income 1 -2.646 -1.414 -7.095 -1.067 0.2362 -2.41
Net margin -84.42% -33.61% -167.34% -20.82% 3.03% -42.38%
EPS 2 -0.005805 -0.003103 -0.0156 -0.002340 0.000518 -0.005286
Free Cash Flow 1 0.8356 0.8512 0.7619 -4.369 0.3319 1.527
FCF margin 26.66% 20.23% 17.97% -85.26% 4.26% 26.86%
FCF Conversion (EBITDA) 723.97% 131.96% - - 14.25% -
FCF Conversion (Net income) - - - - 140.49% -
Dividend per Share - - - - - -
Announcement Date 4/7/19 6/21/20 4/28/21 3/31/22 6/18/23 3/31/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 8.32 8.12 8.55 8.28 8.17 10.8
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 72.09 x 12.59 x -21.59 x 7.86 x 3.508 x -28.44 x
Free Cash Flow 1 0.84 0.85 0.76 -4.37 0.33 1.53
ROE (net income / shareholders' equity) -5.96% -3.18% -18.6% -2.99% 1.01% -11%
ROA (Net income/ Total Assets) -1.89% -1.37% -2.7% -1.57% 0.33% -2.92%
Assets 1 140.4 103.4 262.4 67.9 72.3 82.41
Book Value Per Share 2 0.0900 0.0900 0.0700 0.0700 0.0700 0.0400
Cash Flow per Share 2 0 0 0 0 0 0
Capex 1 0.2 0.2 0.57 0.73 0.82 0.33
Capex / Sales 6.31% 4.66% 13.52% 14.26% 10.48% 5.82%
Announcement Date 4/7/19 6/21/20 4/28/21 3/31/22 6/18/23 3/31/24
1KWD in Million2KWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. GPI Stock
  4. Financials Gulf Petroleum Investment Company K.P.S.C.