Galp Energia, SGPS, S.A. (ADR)

Factors to consider:

• Company pays dividends (semi-annually): last record date 2025-08-15, amount 0.18$ (Y3.87%)
• Price in estimated range
• Earnings for 9 months up through Q3 exceed our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [6.13$, 9.63$]
• 2025-12-31 to 2026-12-31 estimated range: [5.89$, 9.39$]

Financial Metrics affecting the GLPEY estimates:

• Positive: with PPE of 11.6 at the end of fiscal year the price was very low
• Positive: 7.54 < Operating profit margin, % of 11.97
• Negative: Industry earnings per price (median), % of 0 <= 0
• Positive: 6.63 < Operating cash flow per share per price, % of 10.05
• Positive: Industry inventory ratio change (median), % of 0 <= 0
• Negative: 0.74 < Interest expense per share per price, % of 0.84
• Positive: Industry operating cash flow per share per price (median), % of 12.98 > 10.14
• Positive: 19.35 < Shareholder equity ratio, % of 27.88 <= 42.53
• Positive: Inventory ratio change, % of -1.60 <= -0.76