GALP Stock Analysis: Galp Energia SGPS S.A. | LS
Oil & Gas Integrated | LS, Portugal | Market Cap: 15.826m EUR | 12M Return: 40.2% | PTGAL0AM0009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.4M
EPS Trend: 56.2%
Qual. Beats: 0
Rev. Trend: -64.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Galp Energia SGPS S.A. is a Portugal-based integrated energy operator with operations across four main segments: Upstream (exploration and production of hydrocarbons in Brazil, Mozambique, and Namibia), Industrial & Midstream (refining, logistics, and trading of oil products, gas, and power in Portugal, including co-generation), Commercial (retail and B2B sales of oil, gas, electric mobility, and power), and Renewables (renewable power generation and new business development). The company also engages in reinsurance activities and is headquartered in Lisbon.
As a large-cap integrated oil and gas company listed in Lisbon, Galps vertically integrated business model spans the full energy value chain - from upstream production to downstream refining, marketing, and renewables - a structure shared with major European peers such as Repsol and ENI. The company has been publicly traded since its 2006 IPO, and its significant upstream footprint in pre-salt Brazil (Mero/Buzios) makes it one of the few Iberian-listed producers with meaningful offshore oil exposure.
- Brazil pre-salt production drives upstream cash flow
- Mozambique LNG project resumes after security review
- Refining margins swing with Iberian crude differentials
| Net Income: 1.15b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -1.15 > 1.0 |
| NWC/Revenue: 11.08% < 20% (prev 11.96%; Δ -0.87% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.40b > Net Income 1.15b |
| Net Debt (-755.0m) to EBITDA (3.68b): -0.21 < 3 |
| Current Ratio: 1.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (723.0m) vs 12m ago -3.23% < -2% |
| Gross Margin: 15.52% > 18% (prev 11.82%; Δ 3.70% > 0.5%) |
| Asset Turnover: 132.9% > 50% (prev 135.7%; Δ -2.84% > 0%) |
| Interest Coverage Ratio: 20.38 > 6 (EBIT TTM 2.94b / Interest Expense TTM 144.0m) |
| A: 0.14 (Total Current Assets 6.87b - Total Current Liabilities 4.49b) / Total Assets 16.8b |
| B: 0.19 (Retained Earnings 3.22b / Total Assets 16.8b) |
| C: 0.18 (EBIT TTM 2.94b / Avg Total Assets 16.1b) |
| D: 0.43 (Book Value of Equity 4.75b / Total Liabilities 11.1b) |
| Altman-Z'' = 3.23 = A |
| DSRI: 1.30 (Receivables 1.74b/1.31b, Revenue 21.4b/21.0b) |
| GMI: 0.76 (GM 11.82% / 15.52%) |
| AQI: 1.11 (AQ_t 0.13 / AQ_t-1 0.12) |
| SGI: 1.02 (Revenue 21.4b / 21.0b) |
| TATA: -0.02 (NI 1.15b - CFO 1.40b) / TA 16.8b) |
| Beneish M = -2.92 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at EUR 22.50 with a total of 1,557,066 shares traded. Over the past week, the price has changed by +2.79%, over one month by +5.73%, over three months by +24.24% and over the past year by +40.16%.
Current recommended Stop Loss: 21.60 (which is 4% or 1.8 ATR below the current price).
Galp Energia SGPS S.A. has no consensus analysts rating.
P/E Trailing = 13.9427
P/E Forward = 11.3636
P/S = 0.7359
P/B = 3.3591
P/EG = 0.952
Revenue TTM = 21.4b EUR
EBIT TTM = 2.94b EUR
EBITDA TTM = 3.68b EUR
Long Term Debt = 3.07b EUR (from longTermDebt, last quarter)
Short Term Debt = 300.0m EUR (from shortLongTermDebt, last quarter)
Debt = 1.23b EUR (Leases only: 1.23b)
Net Debt = -755.0m EUR (calculated: Debt 1.23b - CCE 1.99b)
Enterprise Value = 15.1b EUR (15.8b + Debt 1.23b - CCE 1.99b)
Interest Coverage Ratio = 20.38 (Ebit TTM 2.94b / Interest Expense TTM 144.0m)
EV/FCF = 42.70x (Enterprise Value 15.1b / FCF TTM 353.0m)
FCF Yield = 2.34% (FCF TTM 353.0m / Enterprise Value 15.1b)
FCF Margin = 1.65% (FCF TTM 353.0m / Revenue TTM 21.4b)
Net Margin = 5.34% (Net Income TTM 1.15b / Revenue TTM 21.4b)
Gross Margin = 15.52% ((Revenue TTM 21.4b - Cost of Revenue TTM 18.1b) / Revenue TTM)
Gross Margin QoQ = 19.60% (prev 15.55%)
Tobins Q-Ratio = 0.90 (Enterprise Value 15.1b / Total Assets 16.8b)
Interest Expense / Debt = 11.69% (Interest Expense 144.0m / Debt 1.23b)
Taxrate = 39.30% (984.0m / 2.50b)
NOPAT = 1.78b (EBIT 2.94b * (1 - 39.30%))
Current Ratio = 1.53 (Total Current Assets 6.87b / Total Current Liabilities 4.49b)
Debt / Equity = 0.26 (Debt 1.23b / totalStockholderEquity, last quarter 4.75b)
Debt / EBITDA = -0.21 (Net Debt -755.0m / EBITDA 3.68b)
Debt / FCF = -2.14 (Net Debt -755.0m / FCF TTM 353.0m)
Total Stockholder Equity = 4.41b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.10% (Net Income 1.15b / Total Assets 16.8b)
RoE = 25.95% (Net Income TTM 1.15b / Total Stockholder Equity 4.41b)
RoCE = 39.25% (EBIT 2.94b / Capital Employed (Equity 4.41b + L.T.Debt 3.07b))
RoIC = 15.92% (NOPAT 1.78b / Invested Capital 11.2b)
WACC = 6.37% (E(15.8b)/V(17.1b) * Re(6.31%) + D(1.23b)/V(17.1b) * Rd(11.69%) * (1-Tc(0.39)))
Discount Rate = 6.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.37 | Cagr: -3.07%
[DCF] Terminal Value 73.10% ; FCFF base≈413.8m ; Y1≈362.9m ; Y5≈293.2m
[DCF] Fair Price = 8.21 (EV 4.71b - Net Debt -755.0m = Equity 5.46b / Shares 664.9m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 56.22 | EPS CAGR: 10.14% | SUE: 0.62 | # QB: 0
Revenue Correlation: -64.95 | Revenue CAGR: -4.05% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.62 | Chg30d=+7.71% | Revisions=+25% | Analysts=6
EPS current Year (2026-12-31): EPS=2.18 | Chg30d=+2.66% | Revisions=+57% | GrowthEPS=+44.1% | GrowthRev=+30.4%
EPS next Year (2027-12-31): EPS=1.85 | Chg30d=+2.75% | Revisions=+62% | GrowthEPS=-15.0% | GrowthRev=-7.0%
[Analyst] Revisions Ratio: +77% (up=10, down=0)