GSE Systems Inc. (GVP) is trading at a discount to its historical valuation based on EV to several metrics such as sales and book value. Gross margins have improved to 31.97% based on the TTM from a 2008 GM% of 26.95% and 2009 GM% of 25.77%. 3 year average annual revenue increase was 20.80%.
From the company's website:
"For over 40 years, GSE Systems has been the World Leader in real-time
simulation and training solutions for the electric power, oil and gas and
chemical process industries. GSE has delivered over 500 simulation and training
applications to hundreds of customers in over 35 countries spanning the globe.
GSE designs, develops, and delivers real-time, high-fidelity simulation software, systems and services. A wide range of training solutions provide further value."
GSE designs, develops, and delivers real-time, high-fidelity simulation software, systems and services. A wide range of training solutions provide further value."
| GVP: | |||||
| 2007 Yr End | Current | Change | Change % | ||
| Market Price | $10.34 | $2.86 | -$7.48 | -261.54% | |
| Cash | 8,172,000 | 20,326,000 | 12,154,000 | 59.80% | |
| Liabilties | 7,999,000 | 20,032,000 | 12,033,000 | 60.07% | |
| Book Value | 20,365,000 | 38,783,000 | 18,418,000 | 47.49% | |
| Revenue | 31,900,000 | 51,126,000 | 19,226,000 | 37.61% | |
| Gross Profit | 9,683,000 | 16,345,000 | 6,662,000 | 40.76% | |
| SGA | 7,214,000 | 12,672,000 | 5,458,000 | 43.07% | |
| Float | 12,300,000 | ||||
| Shares Outstanding | 14,000,000 | 19,122,903 | 5,122,903 | 26.79% | |
| Market Cap | 144,760,000 | 54,691,503 | -90,068,497 | -164.68% | |
| EV (MC-Cash+Liab) | 144,587,000 | 54,397,503 | -90,189,497 | -165.80% | |
| Price | 10.34 | 2.86 | -7.48 | -261.54% | |
| EV Per Share | 10.33 | 2.84 | -7.48 | -263.06% | |
| Sales Per Share | 2.28 | 2.67 | 0.39 | 14.77% | |
| GP Per Share | 0.69 | 0.85 | 0.16 | 19.08% | |
| SGA Per Share | 0.52 | 0.66 | 0.15 | 22.24% | |
| BV Per Share | 1.45 | 2.03 | 0.57 | 28.28% | Positive Improvement |
| EV/MC | 1.00 | 0.99 | 0.00 | -0.42% | |
| EV/BV | 7.10 | 1.40 | -5.70 | -406.18% | Positive Improvement |
| EV/Sales | 4.53 | 1.06 | -3.47 | -325.99% | Positive Improvement |
| EV/GP | 14.93 | 3.33 | -11.60 | -348.67% | Positive Improvement |
| GM % | 30.35% | 31.97% | 0.02 | 5.05% | Positive Improvement |
| Float/Shares Outstanding | 64.32% | ||||
| Current Div Yield | 1.10% | ||||
| 52 wk change | 23.77% | ||||
| Insider Acivity | Neutral | ||||
| YOY Qtrly Rev Incr | 21.70% | ||||
| ROIC TTM | 7.40% | ||||
| 3 year Avg Rev Growth | 6.58% | ||||
| EV/EBITDA | 8.04 | ||||
| % Held by Insiders | 22.74% | ||||
| % Held by Institutions | 48.70% | ||||