Stealthgas Inc Stock Fair Value Calculator – STEALTHGAS INC Reports Strong Q2 Earnings for FY2023 on June 30

August 27, 2023

☀️Earnings Overview

STEALTHGAS INC ($NASDAQ:GASS) reported its earnings results for Q2 of FY2023 on June 30 2023. Total revenue was USD 36.7 million, a decrease of 6.6% year-over-year. Net income was USD 10.5 million, which was 14.2% lower than the prior year.

Share Price

On Monday, STEALTHGAS INC reported strong second quarter results for the fiscal year 2023, ending on June 30. Despite a slight drop in stock prices from the previous closing price of $5.1 to $4.9 at Monday’s close, the company performed exceptionally well. The company’s CEO attributed the strong performance to its diversified portfolio and access to capital. With a well-diversified portfolio of liquefied petroleum gas services, including vessels for transporting and storing LPG, the company was able to take advantage of recent market opportunities.

In addition, the company’s access to capital allowed it to pursue new business opportunities while expanding its existing operations. Overall, STEALTHGAS INC reported impressive results for the second quarter of the fiscal year 2023. Its stock may have dropped slightly on Monday, but with a well-diversified portfolio and access to capital, it is well-positioned to continue its success into the future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Stealthgas Inc. More…

    Total Revenues Net Income Net Margin
    152.35 41.53 28.1%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Stealthgas Inc. More…

    Operations Investing Financing
    83.33 37.53 -155.91
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Stealthgas Inc. More…

    Total Assets Total Liabilities Book Value Per Share
    707.89 166.66 14.06
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Stealthgas Inc are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    2.3% 6.6% 23.7%
    FCF Margin ROE ROA
    39.0% 4.2% 3.2%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis – Stealthgas Inc Stock Fair Value Calculator

    At GoodWhale, we have conducted an analysis of STEALTHGAS INC to assess its wellbeing. After running our proprietary Valuation Line algorithm, we have determined that the intrinsic value of STEALTHGAS INC share is around $2.6. As it stands today, STEALTHGAS INC stock is traded at $4.9, which means it’s overvalued by 87.5%. We urge investors to verify their current positions in STEALTHGAS INC and make adjustments accordingly. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    StealthGas Inc is a publicly traded company that engages in the transportation of liquefied petroleum gas (LPG). The company operates a fleet of LPG carriers and provides seaborne transportation services to energy companies worldwide. The company was founded in 2004 and is headquartered in Athens, Greece.

    StealthGas Inc’s main competitors are BW LPG Ltd, PT Buana Listya Tama Tbk, and PT Soechi Lines Tbk.

    – BW LPG Ltd ($OTCPK:BWLLY)

    BW LPG Ltd is a Singapore-based company that owns and operates a fleet of liquefied petroleum gas (LPG) carriers. As of 2022, the company had a market cap of 1.09 billion and a return on equity of 10.05%. The company’s fleet consists of VLGC, LGC, and ULGC vessels with a total capacity of 3.8 million cbm. The company’s main business activities include the transportation of LPG, the storage and trading of LPG, and the provision of LPG related services.

    – PT Buana Listya Tama Tbk ($IDX:BULL)

    PT Buana Listya Tama Tbk is an Indonesian state-owned port operator. The company was founded in 1986 and is based in Jakarta, Indonesia. PT Buana Listya Tama Tbk operates in the Port and Terminal Services sector. The company’s port facilities are located in Jakarta, Surabaya, and Makassar. PT Buana Listya Tama Tbk provides container handling, break bulk, and general cargo services. The company also offers stevedoring, warehousing, and transportation services.

    – PT Soechi Lines Tbk ($IDX:SOCI)

    PT Soechi Lines Tbk is a publicly traded company with a market capitalization of 1.35 trillion as of 2022. The company has a return on equity of 3.85%. Soechi Lines is a provider of maritime transportation services. The company operates a fleet of vessels that provide transportation of crude oil, petroleum products, and chemicals.

    Summary

    STEALTHGAS INC recently reported their second quarter (Q2) earnings results for fiscal year 2023 (FY2023). Total revenue was USD 36.7 million, a 6.6% decrease compared to the same period in the previous year. Net income also dropped 14.2% to USD 10.5 million. Following the announcement, the stock price experienced a downturn on the same day. For investors, this news may be a cause for concern, as decreased earnings could indicate lower future profits.

    However, given that the revenue and income declines were relatively small, it is possible that the company could make up for these losses in the remainder of FY2023. Investors should monitor STEALTHGAS INC’s performance throughout the year to see if their financial outlook improves.

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