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Gulf Island Fabrication

DB:GU2
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GU2
DB
$43M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States. The last earnings update was 32 days ago. More info.


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  • Gulf Island Fabrication has significant price volatility in the past 3 months.
GU2 Share Price and Events
7 Day Returns
-8%
DB:GU2
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-67.9%
DB:GU2
-57.2%
Europe Energy Services
-20.9%
DE Market
GU2 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Gulf Island Fabrication (GU2) -8% -32.3% -52% -67.9% -74.1% -82.9%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • GU2 underperformed the Energy Services industry which returned -57.2% over the past year.
  • GU2 underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
GU2
Industry
5yr Volatility vs Market

Value

 Is Gulf Island Fabrication undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Gulf Island Fabrication. This is due to cash flow or dividend data being unavailable. The share price is €2.52.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Gulf Island Fabrication's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Gulf Island Fabrication's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GU2 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-3.24
NasdaqGS:GIFI Share Price ** NasdaqGS (2020-04-06) in USD $2.98
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Gulf Island Fabrication.

DB:GU2 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:GIFI Share Price ÷ EPS (both in USD)

= 2.98 ÷ -3.24

-0.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Gulf Island Fabrication is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Gulf Island Fabrication is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Gulf Island Fabrication's expected growth come at a high price?
Raw Data
DB:GU2 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Gulf Island Fabrication, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Gulf Island Fabrication's assets?
Raw Data
DB:GU2 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $10.00
NasdaqGS:GIFI Share Price * NasdaqGS (2020-04-06) in USD $2.98
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:GU2 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:GIFI Share Price ÷ Book Value per Share (both in USD)

= 2.98 ÷ 10.00

0.3x

* Primary Listing of Gulf Island Fabrication.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Gulf Island Fabrication is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Gulf Island Fabrication's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Gulf Island Fabrication has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Gulf Island Fabrication expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gulf Island Fabrication has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Gulf Island Fabrication expected to grow at an attractive rate?
  • Unable to compare Gulf Island Fabrication's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Gulf Island Fabrication's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Gulf Island Fabrication's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:GU2 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:GU2 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GU2 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31
2020-04-06
DB:GU2 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 303 -7 -49
2019-09-30 284 -8 -20
2019-06-30 258 3 -24
2019-03-31 232 -15 -18
2018-12-31 221 -20 -20
2018-09-30 198 -28 -40
2018-06-30 198 -38 -32
2018-03-31 190 -38 -44
2017-12-31 171 -39 -45
2017-09-30 189 -34 -24
2017-06-30 205 -25 -20
2017-03-31 240 1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Gulf Island Fabrication is high growth as no earnings estimate data is available.
  • Unable to determine if Gulf Island Fabrication is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:GU2 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Gulf Island Fabrication Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GU2 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2020-04-06
DB:GU2 Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -3.24
2019-09-30 -1.30
2019-06-30 -1.58
2019-03-31 -1.20
2018-12-31 -1.36
2018-09-30 -2.67
2018-06-30 -2.16
2018-03-31 -2.93
2017-12-31 -3.02
2017-09-30 -1.62
2017-06-30 -1.38
2017-03-31 -0.27

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Gulf Island Fabrication will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Gulf Island Fabrication's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Gulf Island Fabrication's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Gulf Island Fabrication's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Gulf Island Fabrication's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Gulf Island Fabrication has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Gulf Island Fabrication performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Gulf Island Fabrication's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Gulf Island Fabrication does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Gulf Island Fabrication's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Gulf Island Fabrication's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Gulf Island Fabrication's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Gulf Island Fabrication Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GU2 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 303.31 -49.39 15.63
2019-09-30 284.09 -19.75 16.10
2019-06-30 258.00 -23.92 17.04
2019-03-31 231.56 -18.12 18.14
2018-12-31 221.25 -20.38 19.02
2018-09-30 198.29 -40.08 19.56
2018-06-30 198.47 -32.23 19.03
2018-03-31 190.32 -43.65 18.58
2017-12-31 171.02 -44.77 17.80
2017-09-30 189.21 -23.90 17.98
2017-06-30 204.71 -20.27 18.69
2017-03-31 240.34 -3.92 19.12
2016-12-31 286.33 3.49 19.67
2016-09-30 285.88 -7.68 18.35
2016-06-30 288.03 -20.38 17.06
2016-03-31 290.87 -24.53 15.73
2015-12-31 306.12 -25.45 16.26
2015-09-30 375.86 -10.83 18.67
2015-06-30 426.35 8.84 18.18
2015-03-31 471.18 11.78 18.33
2014-12-31 506.64 15.22 17.41
2014-09-30 517.02 12.18 13.15
2014-06-30 567.19 7.92 13.59
2014-03-31 592.59 7.89 12.57
2013-12-31 608.33 7.16 11.56
2013-09-30 602.43 2.15 11.59
2013-06-30 576.03 -11.37 9.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Gulf Island Fabrication has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Gulf Island Fabrication has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Gulf Island Fabrication improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Gulf Island Fabrication's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Gulf Island Fabrication has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Gulf Island Fabrication's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Gulf Island Fabrication's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Gulf Island Fabrication is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Gulf Island Fabrication's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Gulf Island Fabrication's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.6811072274238E+17x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Gulf Island Fabrication Company Filings, last reported 3 months ago.

DB:GU2 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 152.69 0.00 69.62
2019-09-30 187.04 0.00 71.37
2019-06-30 193.44 0.00 75.98
2019-03-31 197.90 0.00 70.24
2018-12-31 201.10 0.00 79.18
2018-09-30 205.14 0.00 54.51
2018-06-30 215.39 0.00 39.49
2018-03-31 214.09 10.00 6.49
2017-12-31 219.49 0.00 8.98
2017-09-30 243.85 0.00 17.79
2017-06-30 246.05 0.00 22.28
2017-03-31 256.00 0.00 34.66
2016-12-31 263.03 0.00 51.17
2016-09-30 266.12 0.00 55.64
2016-06-30 264.90 0.00 50.07
2016-03-31 258.62 0.00 39.20
2015-12-31 257.20 0.00 34.83
2015-09-30 272.56 0.00 45.30
2015-06-30 285.45 0.00 53.38
2015-03-31 284.85 0.00 50.12
2014-12-31 285.80 0.00 36.09
2014-09-30 287.42 0.00 26.71
2014-06-30 281.03 0.00 31.37
2014-03-31 277.92 0.00 23.18
2013-12-31 275.56 0.00 36.57
2013-09-30 279.82 0.00 21.79
2013-06-30 277.93 0.00 29.72
  • Gulf Island Fabrication's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Gulf Island Fabrication's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Gulf Island Fabrication has sufficient cash runway for more than 3 years based on current free cash flow.
  • Gulf Island Fabrication has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 44.5% each year.
X
Financial health checks
We assess Gulf Island Fabrication's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Gulf Island Fabrication has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Gulf Island Fabrication's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Gulf Island Fabrication dividends.
If you bought €2,000 of Gulf Island Fabrication shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Gulf Island Fabrication's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Gulf Island Fabrication's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:GU2 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:GU2 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2020-04-06
DB:GU2 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-05 0.000 0.000
2019-11-04 0.000 0.000
2019-08-06 0.000 0.000
2019-08-05 0.000 0.000
2019-05-07 0.000 0.000
2019-05-06 0.000 0.000
2019-03-01 0.000 0.000
2019-02-28 0.000 0.000
2018-11-09 0.000 0.000
2018-11-08 0.000 0.000
2018-08-09 0.000 0.000
2018-02-26 0.000 0.000
2017-07-27 0.040 0.325
2017-04-26 0.040 0.391
2017-02-23 0.040 0.368
2016-10-27 0.040 0.334
2016-07-28 0.040 0.440
2016-04-28 0.040 0.578
2016-02-25 0.040 0.492
2015-10-29 0.400 4.235
2015-07-31 0.400 3.337
2015-04-23 0.400 3.566
2015-02-27 0.400 2.686
2014-10-24 0.400 2.118
2014-07-24 0.400 2.117
2014-04-25 0.400 1.978
2014-02-28 0.400 1.829
2013-10-25 0.400 1.752
2013-07-25 0.400 1.650
2013-04-25 0.400 1.913
2013-03-12 0.400 1.927
2012-10-26 0.400 1.732
2012-07-27 0.400 1.461
2012-04-26 0.400 1.471
2012-02-27 0.400 1.406
2011-10-27 0.240 0.809
2011-07-29 0.240 0.985
2011-04-28 0.240 0.775
2011-02-24 0.240 0.755
2010-10-28 0.040 0.147
2010-08-02 0.040 0.226
2010-04-22 0.040 0.218
2010-03-01 0.040 0.193
2009-10-26 0.040 0.199
2009-07-27 0.040 0.241
2009-05-11 0.040 0.260

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Gulf Island Fabrication has not reported any payouts.
  • Unable to verify if Gulf Island Fabrication's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Gulf Island Fabrication's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Gulf Island Fabrication has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Gulf Island Fabrication's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Gulf Island Fabrication afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Gulf Island Fabrication has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Gulf Island Fabrication's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Richard Heo
AGE 49
TENURE AS CEO 0.4 years
CEO Bio

Mr. Richard W. Heo has been President, Chief Executive Officer and Director of Gulf Island Fabrication, Inc. since November 14, 2019. Mr. Heo served as Senior Vice President of North, Central & South America at McDermott International, Inc. since May 10, 2018 until February 2019. Mr. Heo served as Executive Vice President of Fabrication Services at Chicago Bridge & Iron Company N.V. from October 19, 2017 to May 2018 and various roles within Fabrication Services including President, Engineered Products Business Unit from June 2014 to October 2017. Mr. Heo has extensive commercial and operations experience. Prior to his current role, he served as Group Vice President of Fabrication Services, International, where he led all project and construction management, fabrication shops and tool and equipment supply yards outside the Americas, as well as all heater, gas processing, hydrogen and sulfur projects worldwide. Before joining CB&I in 2014, Mr. Heo was Vice President of Global Sales for the Technology business unit at KBR from October 2013 to June 2014. He served as Director, Global Operations, Proprietary Equipment from June 2010 to October 2013; and Director, North America Business Development from March 2009 to June 2010 at KBR, Inc. Prior to that, he worked for 10 years with Nalco Company (Ecolab), growing the process and water treatment chemical business since 1998 till 2009. Mr. Heo has served as a Director at CBI Constructors Pty Ltd since January 4, 2018. He holds an MBA from Tulane University, a PhD in Organic Chemistry from the University of Houston and a BS in Biochemistry from Trinity University.

CEO Compensation
  • Insufficient data for Richard to compare compensation growth.
  • Insufficient data for Richard to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Gulf Island Fabrication management team in years:

2.3
Average Tenure
64
Average Age
  • The tenure for the Gulf Island Fabrication management team is about average.
Management Team

Westley Stockton

TITLE
Executive VP
COMPENSATION
$656K
AGE
48
TENURE
1.6 yrs

Richard Heo

TITLE
President
AGE
49
TENURE
0.4 yrs

Christian Vaccari

TITLE
Executive Vice President of Shipyard Division
AGE
64

Francis Smith

TITLE
Chief Executive Officer of Gulf Marine Fabricators and President of Gulf Marine Fabricators
COMPENSATION
$290K
AGE
69
TENURE
11.1 yrs

Bill Fromenthal

TITLE
Vice President of Gulf Island Services
AGE
65
TENURE
3 yrs

Cindi Cook

TITLE
Executive Assistant to CEO
Board of Directors Tenure

Average tenure and age of the Gulf Island Fabrication board of directors in years:

6.1
Average Tenure
68
Average Age
  • The tenure for the Gulf Island Fabrication board of directors is about average.
Board of Directors

Jack Laborde

TITLE
Independent Chairman
COMPENSATION
$205K
AGE
69
TENURE
7.3 yrs

Richard Heo

TITLE
President
AGE
49
TENURE
0.4 yrs

Gregory Cotter

TITLE
Independent Director
COMPENSATION
$148K
AGE
70
TENURE
35.3 yrs

Michael Flick

TITLE
Independent Director
COMPENSATION
$148K
AGE
70
TENURE
12.8 yrs

Bill Chiles

TITLE
Independent Director
COMPENSATION
$148K
AGE
70
TENURE
6.1 yrs

Christopher Harding

TITLE
Independent Director
COMPENSATION
$136K
AGE
67
TENURE
12.8 yrs

Murray Burns

TITLE
Independent Director
COMPENSATION
$136K
AGE
73
TENURE
6.1 yrs

Michael Keeffe

TITLE
Independent Director
COMPENSATION
$148K
AGE
67
TENURE
6.1 yrs

Sherry Richard

TITLE
Independent Director
COMPENSATION
$35K
AGE
62
TENURE
1.5 yrs

Rob Averick

TITLE
Independent Director
COMPENSATION
$31K
AGE
53
TENURE
1.4 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Gulf Island Fabrication individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
24. Mar 20 Sell Pacific View Asset Management (UK) LLP Company 10. Mar 20 16. Mar 20 -38,797 €3.45 €-131,841
23. Mar 20 Buy Murray Burns Individual 23. Mar 20 23. Mar 20 2,500 €3.31 €8,287
18. Mar 20 Buy Cheryl Richard Individual 17. Mar 20 17. Mar 20 500 €3.31 €1,653
17. Mar 20 Buy Cheryl Richard Individual 12. Mar 20 12. Mar 20 500 €3.38 €1,690
11. Mar 20 Buy Michael Flick Individual 09. Mar 20 09. Mar 20 200 €3.32 €665
11. Mar 20 Buy Richard Heo Individual 09. Mar 20 10. Mar 20 40,000 €3.50 €138,896
11. Mar 20 Buy Cheryl Richard Individual 11. Mar 20 11. Mar 20 1,000 €3.35 €3,345
11. Mar 20 Buy Michael Keeffe Individual 09. Mar 20 09. Mar 20 500 €3.52 €1,758
06. Dec 19 Buy Kokino LLC Company 05. Dec 19 05. Dec 19 13,532 €4.49 €60,813
27. Nov 19 Buy Kokino LLC Company 21. Nov 19 21. Nov 19 249,258 €4.08 €1,018,037
21. Nov 19 Buy Kokino LLC Company 19. Nov 19 21. Nov 19 298,362 €4.09 €1,217,412
26. Nov 19 Buy Murray Burns Individual 22. Nov 19 22. Nov 19 3,000 €4.46 €13,384
20. Nov 19 Buy Gregory Cotter Individual 18. Nov 19 18. Nov 19 5,500 €4.05 €22,275
20. Nov 19 Buy Cheryl Richard Individual 19. Nov 19 19. Nov 19 1,000 €3.99 €3,995
04. Oct 19 Buy Wax Asset Management, LLC Company 15. Aug 19 02. Oct 19 270,783 €6.04 €1,373,037
X
Management checks
We assess Gulf Island Fabrication's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Gulf Island Fabrication has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures, modules, and marine vessels in the United States. It operates in three segments: Fabrication, Shipyard, and Services. The Fabrication segment fabricates modules and piping systems for onshore refining, petrochemical, LNG, and industrial facilities; foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; offshore production platforms and associated structures; and other complex steel structures and components. The Shipyard segment fabricates new-build marine vessels, such as offshore support and multi-purpose service vessels, research and salvage vessels, tug boats, towboats, barges, drydocks, anchor handling vessels, and lift boats. It also performs steel repair, blasting, painting, electrical systems repair, and machinery and piping system repairs; and propeller, shaft, and rudder reconditioning services. In addition, this segment performs conversion projects to lengthen and modify vessels to permit their use for various type of activities. The Services segment provides welding, interconnect piping, and other services for offshore platforms; on-site construction and maintenance services on inland platforms and structures and industrial facilities; performs municipal and drainage projects, such as pump stations, levee reinforcement, bulkheads, and other public works; and fabricates skid units, modules, and piping systems. The company serves international energy producers; refining, petrochemical, liquefied natural gas, industrial, power, and marine operators; engineering, procurement, and construction companies; and various agencies of the U.S. government. The company was founded in 1985 and is headquartered in Houston, Texas.

Details
Name: Gulf Island Fabrication, Inc.
GU2
Exchange: DB
Founded: 1985
$39,825,251
15,290,417
Website: http://www.gulfisland.com
Address: Gulf Island Fabrication, Inc.
16225 Park Ten Place,
Suite 300,
Houston,
Texas, 77084,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS GIFI Common Stock Nasdaq Global Select US USD 04. Apr 1997
DB GU2 Common Stock Deutsche Boerse AG DE EUR 04. Apr 1997
Number of employees
Current staff
Staff numbers
944
Gulf Island Fabrication employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 21:10
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/13
Last earnings filing: 2020/03/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.