AI Spotlight on GASS
Company Description
StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally.It also provides crude oil and natural gas.The company's carriers carry various petroleum gas products in liquefied form, including propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer; and refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals.
As of December 31, 2021, it had a fleet of 44 LPG carriers with a total capacity of 389,426 cubic meters; three medium range product carriers with a total capacity of 140,000 deadweight tons (dwt); and one Aframax crude oil tanker with a total capacity of 115,804 dwt.StealthGas Inc.was incorporated in 2004 and is based in Athens, Greece.
Market Data
Last Price | 5.64 |
Change Percentage | -0.35% |
Open | 5.63 |
Previous Close | 5.66 |
Market Cap ( Millions) | 207 |
Volume | 72446 |
Year High | 8.84 |
Year Low | 4.82 |
M A 50 | 5.54 |
M A 200 | 6.38 |
Financial Ratios
FCF Yield | 5.37% |
Dividend Yield | 0.00% |
ROE | 11.11% |
Debt / Equity | 14.17% |
Net Debt / EBIDTA | 14.99% |
Price To Book | 0.33 |
Price Earnings Ratio | 3.08 |
Price To FCF | 18.61 |
Price To sales | 1.31 |
EV / EBITDA | 2.53 |
News
- Dec -16 - Best Ultra-Value Stocks Set for Long-Term Growth
- Dec -10 - StealthGas: A Speculative Growth Story
- Dec -08 - StealthGas: A Strategically Growing Firm Offering A Prime Buying Opportunity
- Dec -07 - StealthGas: Small But Mighty
- Nov -26 - StealthGas, Inc. (GASS) Q3 2024 Earnings Call Transcript
- Nov -25 - STEALTHGAS INC. Reports Third Quarter And Nine Months 2024 Financial And Operating Results
- Nov -19 - STEALTHGAS INC. Announces the Date for the Release of the Third Quarter and Nine Months 2024 Financial and Operating Results, Conference Call and Webcast
- Sep -17 - StealthGas: Excellent Financials And Supporting Tailwinds
- Sep -05 - StealthGas, Inc. (GASS) Q2 2024 Earnings Call Transcript
- Sep -05 - STEALTHGAS INC. Reports Second Quarter and Six Months 2024 Financial and Operating Results
- Aug -26 - STEALTHGAS INC. Announces the Date for the Release of the Second Quarter and Six Months 2024 Financial and Operating Results, Conference Call and Webcast
- Aug -10 - StealthGas: 35% Selloff Prior To Q2 Earnings Makes Them A Compelling Buy
- May -22 - StealthGas Inc. (GASS) Q1 2024 Earnings Call Transcript
- May -22 - STEALTHGAS INC. Reports First Quarter 2024 Financial and Operating Results
- May -17 - STEALTHGAS INC. Announces the Date for the Release of the First Quarter 2024 Financial and Operating Results, Conference Call and Webcast
- Apr -04 - StealthGas: High Risk/Reward Bet On Small LPG Carriers
- Feb -21 - StealthGas Inc. (GASS) Q4 2023 Earnings Call Transcript
- Feb -21 - STEALTHGAS INC. Reports Fourth Quarter and Twelve Months 2023 Financial and Operating Results
- Feb -15 - STEALTHGAS INC. Announces the Date for the Release of the Fourth Quarter and Twelve Months 2023 Financial and Operating Results, Conference Call and Webcast
- Jan -04 - StealthGas: 0.36x Book Value Going Into A Rising Earnings Cycle
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Time Charter
Expected Growth : 1 %
What the company do ?
Time Charter from StealthGas Inc. is a contract where a shipowner hires a vessel to a charterer for a set period, providing a fixed daily rate.
Why we expect these perspectives ?
StealthGas Inc.'s Time Charter growth is driven by increasing demand for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) transportation, coupled with a growing global fleet and rising charter rates. Additionally, the company's strategic vessel acquisitions and operational efficiency improvements contribute to its growth momentum.
Segment nΒ°2 -> Voyage Charter
Expected Growth : 2 %
What the company do ?
Voyage Charter from StealthGas Inc. is a contract where a shipowner hires out their vessel to a charterer for a specific voyage, often for transporting LNG or petroleum products.
Why we expect these perspectives ?
StealthGas Inc.'s Voyage Charter growth is driven by increasing demand for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) transportation, coupled with a strong fleet utilization rate and rising charter rates. Additionally, the company's strategic fleet expansion and modernization efforts, as well as its focus on operational efficiency, contribute to its growth momentum.
Segment nΒ°3 -> Other
Expected Growth : 3 %
What the company do ?
StealthGas Inc.'s 'Other' segment includes income from vessel management services, ship management, and other miscellaneous revenue streams.
Why we expect these perspectives ?
StealthGas Inc.'s 3% growth is driven by increasing demand for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) transportation, expansion into new markets, and a growing fleet of vessels. Additionally, the company's focus on operational efficiency and cost management has contributed to its growth.
Stealthgas Inc. Products
Product Range | What is it ? |
---|---|
LPG Carriers | StealthGas Inc. operates a fleet of LPG carriers that transport liquefied petroleum gases such as propane, butane, and ethane. |
Product Carriers | The company's product carriers transport refined petroleum products such as gasoline, diesel, and jet fuel. |
Crude Oil Carriers | StealthGas Inc.'s crude oil carriers transport crude oil from oil fields to refineries. |
Tanker Management | The company provides tanker management services, including technical management, crew management, and commercial management. |
Ship Management | StealthGas Inc. offers ship management services, including vessel maintenance, repair, and dry-docking. |
StealthGas Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for StealthGas Inc. is moderate due to the availability of alternative energy sources.
Bargaining Power Of Customers
The bargaining power of customers is low for StealthGas Inc. due to the lack of alternative suppliers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is high for StealthGas Inc. due to the limited number of suppliers in the market.
Threat Of New Entrants
The threat of new entrants for StealthGas Inc. is moderate due to the high barriers to entry in the industry.
Intensity Of Rivalry
The intensity of rivalry for StealthGas Inc. is high due to the competitive nature of the industry.
Capital Structure
Value | |
---|---|
Debt Weight | 18.36% |
Debt Cost | 7.81% |
Equity Weight | 81.64% |
Equity Cost | 7.81% |
WACC | 7.81% |
Leverage | 22.49% |
StealthGas Inc. : Quality Control
StealthGas Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
ICGC.L | Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment engages in the provision of passenger and β¦ |
TORO | Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates through Aframax/LR2 tanker and β¦ |
PSHG | Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity β¦ |
DFDS.CO | DFDS A/S provides logistics solutions in Denmark and internationally. The company operates through Ferry and Logistics divisions. The Ferry division operates ferry routes in and around Europe transporting freight units, β¦ |
ZIM | ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of β¦ |