StealthGas

GASS

Market cap $236M

StealthGas has achieved a debt-free balance sheet, posted record revenue and EBITDA last quarter, yet trades at a 65% discount to book value. GASS benefits from strong insider ownership and potential for significant buybacks and dividends, aligning management incentives with those of shareholders. Risks include downtime from the Eco Wizard incident and potential related-party transactions with Vafias-controlled entities, which may impact common holders.

The company maintains an ability to adapt to market trends, which is reflected, for example, in the fact that 70% of its routes are located west of the Suez Canal. The company's debt decreased from nearly $300 million at the end of 2022 to $32 million today. If we look at the value that the company reported in 1H2025 for adjusted EBITDA, we see that the value amounts to $51.65 million, which implies an EV/EBITDA of 2.18x.

StealthGas Inc. (NASDAQ:GASS ) Q2 2025 Earnings Conference Call August 25, 2025 10:00 AM ET Company Participants Harry N. Vafias - President, CEO, CFO & Non- Independent Director Konstantinos Sistovaris - Corporate Participant Michael Gordon Jolliffe - Independent Chairman of the Board Operator Good day, and thank you for standing by.

ATHENS, Greece, Aug. 25, 2025 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2025.

StealthGas remains undervalued, with strong free cash flow, aggressive debt reduction, and ongoing share repurchases supporting significant upside potential. Recent asset sales and vessel acquisitions are expected to strengthen the balance sheet and drive further equity growth. Risks include customer concentration, oil price volatility, and evolving environmental regulations, but current valuation offers a margin of safety.

StealthGas is a deeply discounted LPG shipping stock with 27 of 28 owned vessels debt-free, ensuring strong cash flow to shareholders. Tight supply, rising demand, and multi-year contracts support stable earnings and potential upside from spot market exposure. Valuation is highly attractive, trading at a 60-70% discount to peers, with market pessimism overdone given stable cash flows and near-term dividend potential.

StealthGas Inc. (NASDAQ:GASS ) Q1 2025 Earnings Conference Call May 28, 2025 10:00 AM ET Company Participants Michael Jolliffe - Chairman of the Board Konstantinos Sistovaris - Investor Relations Harry Vafias - Chief Executive Officer Operator Good day, and thank you for standing by. Welcome to the StealthGas First Quarter 2025 Results Conference Call and Webcast.

ATHENS, Greece, May 22, 2025 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that it will release its first quarter operating and financial results for the period ended March 31, 2025 before the market opens in New York on May 28, 2025.

StealthGas Inc. reported double-digit net income growth and significant debt reduction, indicating strong financial health and potential stock price appreciation. The company announced a new stock repurchase program, suggesting confidence in undervalued shares and potential for accelerated price dynamics. GASS has consistently delivered positive cash flow and free cash flow, with substantial upside potential according to financial models.

StealthGas Inc. (NASDAQ:GASS ) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Michael Jolliffe - Chairman of the Board Harry Vafias - CEO Konstantinos Sistovaris - CFO Operator Good day, and thank you for standing by. Welcome to the StealthGas Inc. Q4 2024 Results Conference Call and Webcast [Operator Instructions].