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Gulf International Services Q.P.S.C.

Gulf International Services Q.P.S.C.

GISS.QA
Gulf International Services Q.P.S.C.QA flagQatar Stock Exchange
2.01
QAR
-0.03
- -
3.73BMarket Cap
Gulf International Services Q.P.S.C.
GISS.QA
(Qatar Stock Exchange)

Recent

price

2.01

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.4
0.79
0.85
1.24
2.1
2.24
1.61
1.29
1.36
1.62
1.61
1.66
1.63
1.9
2.24
2.42
2.42
Revenue per Share
0.12
0.15
0.25
0.36
0.76
0.43
0.04
0.05
-0.05
0.02
-0.17
0.03
0.16
0.2
0.38
0.36
0.41
Basic EPS, GAAP
0.19
0.11
0.07
0.27
-0.32
0.34
0.14
0.18
0.11
0.34
0.14
0.17
0.3
0.33
-0.4
0.35
0.27
Free Cash Flow per Basic Share
0.06
0.09
0.09
0.12
0.16
0.52
0.1
0.1
- -
- -
- -
0.01
- -
0.1
0.15
0.17
0.17
Dividend per Share
0.56
1.2
1.34
1.57
2.04
1.88
1.81
1.75
1.67
1.7
1.51
1.58
1.71
1.8
2.01
2.18
2.05
Book Value per Share
0.6
1.27
1.25
1.5
2.08
1.95
1.88
1.82
1.74
1.76
1.59
1.63
1.77
2.03
2.28
2.48
2.34
Tangible Book Value per Share
3,717
1,858
1,860
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
1,858
Basic Weighted Avg Shares
1,486
1,469
1,574
2,302
3,906
4,164
2,989
2,403
2,519
3,011
2,998
3,091
3,034
3,538
4,154
4,493
4,505
Sales/Revenue/Turnover
28.72
20.03
16.63
16.95
25.06
22.64
9.41
9.75
8.09
6.93
3.98
4.78
14.85
13.2
17.57
16.74
17.92
Operating Margin (%)
165
175
74
90
360
500
578
488
490
461
436
371
379
375
504
602
602
Depreciation Expense
439
283
464
677
1,410
801
67
85
-98
44
-319
54
302
366
711
678
762
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
9.52
4.41
2.27
2.49
3.86
1.33
Effective Tax Rate (%)
29.55
19.25
29.49
29.41
36.1
19.25
2.24
3.54
-3.9
1.45
-10.62
1.75
9.97
10.35
17.12
15.09
16.92
Profit Margin (%)
749
621
783
692
450
-293
539
114
471
533
537
804
132
1,702
1,886
1,920
1,804
Working Capital
678
173
608
469
3,946
3,690
4,630
4,248
4,062
3,907
3,728
3,709
2,669
4,203
5,321
5,057
5,141
LT Debt
2,243
2,355
2,637
3,086
4,178
3,928
3,799
3,679
3,532
3,581
3,252
3,336
3,590
3,772
4,233
4,614
4,344
Total Equity
14.2
10.34
8.73
11.05
15.46
10.45
3.06
2.59
- -
2.48
- -
1.72
5.46
5.61
7.8
7.22
8.2
Return on Invested Capital (%)
15.93
10.92
16.86
20.35
23.97
10.18
2.19
2.97
- -
3.5
- -
2.33
6.34
7.51
10.46
9.44
10.76
Return on Capital (%)
21.97
13.11
19.66
25.02
42.06
22.03
1.96
2.57
-3.09
1.39
-10.68
1.89
9.88
11.22
20.1
17.44
20.91
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
445
322
395
LT Borrowings
5,266
5,237
5,042
LT Finance Leases
55
34
98
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,858
1,858
1,858
Market Capitalization
6,189
5,705
5,947

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,325
3,735
3,860
Cash, Cash Equivalents & STI
1,780
1,217
1,457
Accounts Receivable, Net
1,051
1,416
1,139
Inventories
439
476
496
Total Current Liabilities
2,438
2,072
2,056
Payables & Accruals
- -
- -
- -
ST Debt
445
322
395
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.82%
7.3%
9%
Free Cash Flow
-20.87%
-60.94%
-189.03%
Net Income, GAAP
-80.39%
90.31%
-4.65%
Sales/Revenue/Turnover
1.96%
8.69%
8.18%
Total Cash Common Dividend
1,055.78%
2,160.53%
14.54%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
940
963
1,153
1,098
4,154
2025
1,140
1,115
1,088
- -
4,493
2026
1,042
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
- -
- -
- -
0.38
2025
0.12
- -
- -
- -
0.36
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
- -
- -
- -
0.15
2025
0.17
- -
- -
- -
0.17
2026
0.06
- -
- -
- -
- -
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Business
Gulf International Services Q.P.S.C. is a Qatar-based diversified holding company engaged primarily in oil and gas drilling, aviation, and insurance services. The company operates through subsidiaries across four main segments: drilling and associated services, helicopter transportation, insurance and reinsurance, and catering services. Its drilling segment, led by Gulf Drilling International, provides onshore and offshore drilling services supported by its fleet of jack-up rigs and ancillary equipment primarily in Qatar. The aviation segment, operated by Gulf Helicopters Company, delivers helicopter transportation services across the Gulf region including Libya, Turkey, and Morocco. The insurance segment, through Al Koot Insurance & Reinsurance Company, offers a wide range of insurance and reinsurance products in Qatar. Additionally, the company has a strong presence in the catering business following the merger of its catering subsidiary, Amwaj Catering Services, with Shaqab and Atyab, creating the largest Qatari catering entity. Gulf International Services was founded in 2008 and is headquartered in Doha, Qatar. Recent major developments include the strategic acquisition of three advanced offshore jack-up rigs from SeaDrill in 2024, significantly expanding its drilling capabilities and consolidating its market position in Qatar. The company also completed the successful merger of Amwaj Catering Services with Shaqab and Atyab, enhancing its scale and operational reach in the catering sector. Financially, the company reported strong performance in 2024, with net profits reaching QR 711 million, reflecting robust growth across its core business segments. Additionally, Gulf International Services is progressing with the listing process of Amwaj Catering Services on the Qatar Stock Exchange, aiming to unlock further value. The company’s operations span Qatar, the wider Gulf Cooperation Council region, and select international markets in North Africa and Turkey. Its subsidiaries include Gulf Drilling International Limited, Gulf Helicopters Company, Al Koot Insurance & Reinsurance Company P.J.S.C., and Amwaj Catering Services Company. Gulf International Services maintains a strategic focus on expanding its drilling and service capabilities while reinforcing its integrated presence in related sectors such as aviation and insurance.