Gulf Marine Services PLC

Chart & Performance

D1W1MN

P/E

496.04

P/S

135.27

EPS

0.04

Div Yield, %

0.00%

Shrs. gr., 5y

14.82%

Rev. gr., 5y

4.21%

Revenues

152m

+13.85%

Net income

41m

+63.24%

CFO

94m

+14.34%

Dividend

Apr 13, 20170.012 GBP/sh

Earnings

Jun 05, 2025

Profile

Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, Saudi Arabia, Qatar, the United Kingdom, and rest of Europe. It operates through K-Class Vessels, S-Class Vessels, E-Class Vessels, and Other Vessels segments. The company offers offshore construction and heavy lifting, accommodation and hotel, well intervention and work over operations, and manpower services for oil and gas industry; and platform maintenance and commissioning, turbine maintenance and commissioning, hotel, crane, and offshore crew transfer services to renewables industry. It operates a fleet of 13 SESVs. The company was founded in 1977 and is headquartered in Abu Dhabi, the United Arab Emirates.

URL

http://www.gmsuae.com/

IPO date

Mar 14, 2014

Employees

594

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	151,603 13.85%	133,157 15.66%	115,127 12.33%
Cost of revenue	63,411	85,835	66,773
Unusual Expense (Income)
NOPBT	88,192	47,322	48,354
NOPBT Margin	58.17%	35.54%	42.00%
Operating Taxes	2,862	1,724	1,707
Tax Rate	3.25%	3.64%	3.53%
NOPAT	85,330	45,598	46,647
Net income	41,342 63.24%	25,326 -18.31%	31,001 -124.94%
Dividends
Dividend yield
Proceeds from repurchase of equity		(61)	27,758
BB yield		0.13%	-69.26%
Debt
Debt current	43,123	31,845	27,914
Long-term debt	239,528	303,284	357,460
Deferred revenue
Other long-term liabilities	2,395	2,140	4,115
Net debt	273,938	322,854	377,103
Cash flow
Cash from operating activities	94,403	82,565	40,511
CAPEX	(3,459)	(6,315)	(11,507)
Cash from investing activities	(12,788)	(6,304)	(11,498)
Cash from financing activities	(85,224)	(72,257)	(24,540)
FCF	74,549	77,986	27,758
Balance
Cash	8,713	12,275	8,271
Long term investments
Excess cash	1,133	5,617	2,515
Stockholders' equity	221,727	181,817	156,415
Invested Capital	610,838	609,018	641,089
ROIC	13.99%	7.30%	7.39%
ROCE	14.41%	7.70%	7.51%
EV
Common stock shares outstanding	1,055,003	1,024,124	695,753
Price	0.15 211.83%	0.05 -19.27%	0.06 41.51%
Market cap	152,975 221.23%	47,622 18.83%	40,075 85.92%
EV	429,627	375,261	421,351
EBITDA	120,364	79,265	79,084
EV/EBITDA	3.57	4.73	5.33
Interest	29,818	17,401	14,463
Interest/NOPBT	33.81%	36.77%	29.91%