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Employees: 127
Size Gas Plus (GSP.MI) is an Italy Energy company (Oil & Gas Production) with a market value of $335M, the 122nd largest of 123 Italy companies the cockpit tracks. Shares closed at €6.85 on 6 Nov 2026.
Performance Over six months the shares gained 17.3%, against +1.2% for the median peer and +3.1% for the Italy market (cap-weighted) — 5th highest of 20 in its peer set.
Growth Revenue grew 9.7% over the last twelve months (peer median +4.5%); the operating margin is 22.8% (peer median 10.6%).
Valuation It trades at 10.7× forward earnings against a peer median of 8.8× (7th most expensive of 19).
Price implies For today's price to make sense, revenue must grow about -14% a year for seven years (Req g). Recent delivered growth is +20%, so the hurdle is -34 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.5 points above its cost of capital (6.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €168M | €166M | €131M | €155M | €232M |
| Revenue growth | — | +26% | -15% | -33% | — |
| Gross profit | €65.8M | €57.6M | €43.7M | €68.0M | €104M |
| EBITDA | €93.3M | €76.9M | €40.9M | €64.5M | €77.3M |
| Net income | €25.5M | €19.8M | €12.5M | €49.2M | €3.35M |
| Free cash flow | €67.8M | €50.1M | €36.6M | €238,000 | €38.8M |
| Capital expenditure | €29.3M | €24.4M | €14.3M | €24.5M | €27.3M |
| Total debt | n/a | €47.9M | €52.9M | €72.0M | €82.7M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GSP.MI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.2% | -10.9% | 3rd highest of 21 |
| 6-month return | +17.3% | +1.2% | 5th highest of 20 |
| Distance from 52-week high | -14.4% | -26.9% | 4th highest of 21 |
| Revenue growth (TTM) | +9.7% | +4.5% | 8th highest of 21 |
| Operating margin | 22.8% | 10.6% | 7th highest of 21 |
| Forward P/E | 10.7× | 8.8× | 7th most expensive of 19 |
| Growth the price implies (Req g, 7 yrs) | -14.0% | -6.3% | 4th least demanding of 12 |
| Growth delivered (Del g) | +19.6% | +16.8% | 6th highest of 12 |
| Hurdle (Req g minus delivered) | -33.6 pp | -19.8 pp | 4th least demanding of 12 |
| ROIC minus cost of capital | +5.5 pp | -1.3 pp | 5th highest of 19 |
| EV / EBITDA | 3.0× | 3.7× | 5th cheapest of 18 |
| Net debt / EBITDA | -0.2× | 1.0× | 5th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Gas Plus GSP.MI | Italy | $335M | +17% | +10% | 23% | 10.7× | -14.0% | +19.6% |
| PetroTal TAL.TO | Canada | $335M | -7% | -27% | 23% | 5.1× | -17.3% | +37.6% |
| Gran Tierra Energy GTE.TO | Canada | $333M | +11% | +7% | 4% | 309.2× | -0.6% | +22.0% |
| Frontera Energy FEC.TO | Canada | $344M | -52% | -52% | -3% | 3.0× | n/a | n/a |
| Prabha Energy PRABHA.NS | India | $307M | +23% | +61% | -5% | n/a | n/a | n/a |
| Amplitude Energy AEL.AX | Australia | $368M | +8% | +7% | -10% | 8.8× | -19.1% | +16.8% |
| Shamaran Petroleum SNM.OL | Norway | $381M | n/a | -5% | 45% | 7.4× | n/a | n/a |
| Capricorn Energy CNE.L | United Kingdom | $397M | +29% | +34% | 42% | 21.4× | -19.1% | +218.6% |
| Core Laboratories CLB | United States | $405M | -33% | 0% | 7% | 13.8× | 11.0% | +1.6% |
| Cavvy Energy CVVY.TO | Canada | $413M | +29% | +43% | 4% | 8.1× | 11.0% | -3.3% |
| SandRidge Energy SD | United States | $463M | -13% | +30% | 42% | 5.9× | -12.8% | +7.0% |
| W&T Offshore WTI | United States | $479M | -17% | +20% | 5% | 498.4× | 3.9% | +7.7% |
| Gulf Keystone Petroleum GKP.L | United Kingdom | $557M | +1% | +6% | 8% | 9.5× | n/a | n/a |
| VAALCO Energy EGY | United States | $566M | -4% | -25% | 9% | 18.9× | n/a | n/a |
| GeoPark GPRK | United States | $613M | +1% | -5% | 24% | 9.8× | n/a | n/a |
| Vitesse Energy VTS | United States | $623M | -17% | +11% | 12% | 42.9× | 13.4% | +21.5% |
| Obsidian Energy OBE.TO | Canada | $653M | -21% | -22% | 22% | 4.1× | n/a | n/a |
| EnQuest ENQ.L | United Kingdom | $671M | +40% | +3% | 17% | 8.9× | -9.1% | +3.8% |
| Granite Ridge Resources GRNT | United States | $698M | +6% | +15% | 21% | 5.3× | n/a | n/a |
| Tong Petrotech 300164.SZ | China | $705M | -41% | -12% | -5% | n/a | n/a | n/a |
| Surge Energy SGY.TO | Canada | $730M | +7% | +3% | 27% | 6.1× | -6.3% | +20.2% |