# Gulf Keystone Petroleum Limited (GKP.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Energy / Oil & Gas E&P. Price 194p, market value 421 millionp.

## Valuation
- **P/E (trailing): 16.2×** (5-yr avg 1909.8×, 3-yr avg 3613.2×). Gulf Keystone Petroleum Limited trades at 16.2× trailing earnings, well below its own five-year average of 1909.8×: cheap by its own standards. The Energy median in the September 2026 study was 16.8×. Forward P/E is 5.9×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.05**. A PEG of 0.05 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.8×**. Each dollar of revenue is priced at 1.8×.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 2.7×**. Enterprise value is 2.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 16.6%** (5-yr avg 0.2%). Free cash flow equals 16.6% of the market value, above its five-year average of 0.2%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 6.2%**. The inverse of the P/E: 6.2% of the price is earned each year.

## Profitability
- **Gross margin: 14.0%**. Gulf Keystone Petroleum Limited keeps 14.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 9.5%**. 9.5% of revenue is left after running the business.
- **Net margin: 9.2%**. 9.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.2%**. 3.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 7.2%**. Return on all capital, debt included, is 7.2%.
- **Return on assets: 3.5%**. Each dollar of assets produces 3.5% of profit.

## Growth
- **Revenue growth (1 yr): 11.3%** (3-yr -28.5%/yr, 5-yr 9.2%/yr). Revenue grew 11.3% over the last year, against 9.2% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 117.2%** (3-yr -61.4%/yr). Earnings per share rose 117.2%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -51.5%/yr**. Free cash flow has compounded at -51.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Gulf Keystone Petroleum Limited holds more cash than debt.
- **Interest coverage: 17.9×**. Operating profit covers interest 17.9× over, a safe margin.
- **Current ratio: 1.64** (quick 1.58). Current assets cover the next year's liabilities 1.64 times.
- **Altman Z-score: 3.00**. A Z-score of 3.00 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 8/9**. 8 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 4.01%** (0p per share, trailing). Gulf Keystone Petroleum Limited yields 4.01%, an income-level yield.
- **Payout ratio: 329%** (89% of free cash flow). The dividend exceeds earnings (329% payout), though free cash flow still covers it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Shareholder yield: 6.5%**. Dividends plus net buybacks return 6.5% of the market value a year.

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover Gulf Keystone Petroleum Limited; the consensus is strong_buy, with an average price target of 271p (+40% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 6.9%** (YTD 10.0%, 3-mo 7.3%). The shares are up 6.9% over twelve months including dividends.
- **From 52-week high: -17.5%** (20.7% above the low). Trading 18% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 62**. An RSI of 62 is neutral.
- **Beta (1 yr): -0.01** (volatility 38%). Beta of -0.01 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=GKP.L · Page: https://foliofundamentals.com/stocks/gkp.l

Not investment advice.