Risk factor
High price volatility
Profitability factor
Very favourable analyst view
About
Gulf Marine Services PLC (GMS), through its various subsidiaries, operates self-propelled, self-elevating support vessels (SESVs) throughout the United Arab Emirates, Saudi Arabia, Qatar, the United Kingdom, and continental Europe. Its operational structure is categorized by vessel type, specifically K-Class, S-Class, E-Class, and 'Other Vessels'. The company provides a comprehensive suite of services to the oil and gas industry, encompassing offshore construction, heavy lifting, accommodation, well intervention, workover operations, and skilled personnel. Additionally, for the renewables sector, GMS delivers platform and turbine maintenance and commissioning, hotel services, crane operations, and offshore crew transportation. The company manages a fleet of 13 SESVs. Established in 1977, Gulf Marine Services PLC maintains its primary base of operations in Abu Dhabi, UAE.
Company Valuation
Considering past and projected metrics, the stock is 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, undervalued on EV/EBITDA, underpriced on P
Target Price
The average target price of GMS.L is 32 and suggests 72% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increas