Market cap
$16 Mln
Revenue (TTM)
$45 Mln
P/E Ratio
--
P/B Ratio
5.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.92 | -5.34 | -17.67 | -4.70 | -13.09 |
| EBIT | 66.91 | 48.38 | 42.81 | -209.91 | -185.55 |
| Net Profit | 57.13 | 42.99 | 49.16 | -157.67 | 2.64 |
| EPS | 58.57 | 57.68 | 58.56 | -275.51 | -3.54 |
| Book Value | -- | -- | -11.75 | 51.13 | -35.42 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-23 | Dec-22 |
| EBIT-Margin
| -8.20 | -6.04 | -8.15 | -15.03 | -29.37 |
| Net Margin
| -- | -12.04 | -15.90 | -- | -- |
| Return on equity
| -47.01 | -42.72 | -175.48 | -112.04 | -92.22 |
| Return on Capital
| -39.97 | -31.77 | -- | -83.54 | -77.90 |
| Return on Assets
| -18.33 | -16.58 | -18.79 | -35.39 | -46.82 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.34 | 0.34 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
-83.54
|
-77.90
|
41.55
|
-27.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-175.48
Lower than Peers by 193.61
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-175.48
|
-112.04
|
-92.22
|
63.23
|
-55.76
|
|
Peer Median
|
18.13
|
--
|
--
|
--
|
--
|
ROA
-18.79
Lower than Peers by 23.75
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-18.79
|
-35.39
|
-46.82
|
27.21
|
-20.15
|
|
Peer Median
|
4.97
|
--
|
--
|
--
|
--
|
EBIT Margin
-8.15
Lower than Peers by 19.09
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-8.15
|
-15.03
|
-29.37
|
19.81
|
-16.59
|
|
Peer Median
|
10.94
|
--
|
--
|
--
|
--
|
Net Margin
-15.90
Lower than Peers by 24.05
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-15.90
|
-19.37
|
-32.14
|
19.22
|
-18.29
|
|
Peer Median
|
8.15
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-17.67
Lower than Peers by 26.86
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-17.67
|
-0.06
|
-0.13
|
-0.04
|
-0.31
|
|
Peer Median
|
9.19
|
--
|
--
|
--
|
--
|
EBIT Growth
42.81
Higher than Peers by 27.78
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
42.81
|
51.71
|
-228.28
|
214.33
|
-205.06
|
|
Peer Median
|
15.03
|
--
|
--
|
--
|
--
|
Net Profit Growth
49.16
Higher than Peers by 34.67
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
49.16
|
43.14
|
-244.65
|
200.66
|
-114.34
|
|
Peer Median
|
14.49
|
--
|
--
|
--
|
--
|
EPS Growth
58.56
Higher than Peers by 33.75
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
58.56
|
0.04
|
-1.59
|
10.92
|
-1.14
|
|
Peer Median
|
24.81
|
--
|
--
|
--
|
--
|
Book Value Growth
-72.68
Lower than Peers by 86.84
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-72.68
|
--
|
--
|
--
|
--
|
|
Peer Median
|
14.16
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
0.34
|
0.34
|
0.11
|
1.42
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.43
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
0.43
|
0.20
|
0.30
|
0.13
|
0.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.67
Lower than Peers by 0.74
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
0.67
|
0.84
|
1.03
|
1.33
|
0.87
|
|
Peer Median
|
1.42
|
--
|
--
|
--
|
--
|
Quick Ratio
0.67
Lower than Peers by 0.72
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
0.67
|
0.84
|
0.96
|
1.33
|
0.84
|
|
Peer Median
|
1.40
|
--
|
--
|
--
|
--
|
Interest Coverage
-3.35
Lower than Peers by 12.01
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-3.35
|
-3.50
|
-11.02
|
68.74
|
-15.34
|
|
Peer Median
|
8.66
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
20.97
Higher than Peers by 1.92
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
20.97
|
22.65
|
21.08
|
20.40
|
18.45
|
|
Peer Median
|
19.04
|
--
|
--
|
--
|
--
|
Asset Turnover
1.18
Higher than Peers by 0.70
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
1.18
|
1.83
|
1.46
|
1.42
|
1.10
|
|
Peer Median
|
0.48
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
82.18
|
81.57
|
72.43
|
88.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
5.80
|
5.36
|
2.54
|
6.24
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
25.16
|
12.44
|
7.37
|
7.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
62.82
|
74.49
|
67.60
|
88.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
-0.70
|
-0.24
|
0.34
|
-2.58
|
|
Peer Median
|
29.46
|
--
|
--
|
--
|
--
|
Price / Book Value
5.78
Lower than Peers by 0.24
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
5.78
|
1.14
|
0.36
|
0.16
|
2.59
|
|
Peer Median
|
6.03
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
-1.28
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
-1.28
|
-0.98
|
-0.35
|
0.21
|
-5.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
16
Lower than Peers by 1,321
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-23
|
Dec-22
|
Dec-21
|
Dec-20
|
|---|---|---|---|---|---|
|
GSE Systems (GVP)
|
16
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,337
|
--
|
--
|
--
|
--
|