Galp Energia, SGPS, S.A (GLPEF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Galp Energia, SGPS, S.A $25.40, price $25.03, upside +1.5%, quality 72 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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Galp Energia, SGPS, S.A
GLPEF · USNeutralThe stock looks roughly fairly valued with average quality.
What runs behind every stock
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range $6.40 – $25.45 · fair‑value band $17.51 – $33.19 · the $25.03 price screens below the $25.40 fair value. Dashed = 300-day average. As of Sep 29, 2026.
Company profile
Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, and Namibia.
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Galp Energia, SGPS, S.A. operates as an integrated energy operator in Portugal and internationally. The company operates through four segments: Upstream, Industrial & Midstream, Commercial, and Renewables. The Upstream segment engages in the exploration, development, and production of hydrocarbons primarily in Brazil, Mozambique, and Namibia. The Industrial & Midstream segment involved in refining and logistics business in Portugal, as well as is involved in activities related to oil products, carbon dioxide, gas, and power supply and trading activities. This segment also includes co-generation. The Commercial segment is involved in the areas of retail to final business-to-business and business to oil, gas, electric mobility, power and non-fuel products. The Renewables segment is involved in the renewables power generation and new businesses. In addition, the company engages in the reinsurance business. The company was formerly known as Galp " Petróleos e Gás de Portugal, SGPS, S.A. and changed its name to Galp Energia, SGPS, S.A. in September 2000. Galp Energia, SGPS, S.A. was incorporated in 1999 and is headquartered in Lisbon, Portugal.
Stock analysis
Galp Energia, SGPS, S.A (GLPEF) currently trades at $25.03, while our model-based Fair Value estimate is $25.40, so the stock looks roughly fairly valued today (gap 1.5%).
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Valuation
Bull case: the Multiples group reads highest at a median of $26.80 per share, and 11 of the 22 models we run sit above the $25.03 price.
Bear case: the Asset-Based group reads lowest at $5.22, and 11 of the 22 models stay below the price. Evidence for this calculation is high.
Scenario range: $17.51 (bear) to $33.19 (bull), the price of $25.03 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 72/100 (solid quality), in the Energy sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Galp Energia, SGPS, S.A reported revenue of €19.5B in FY2025 versus €16.1B in FY2021, a compound +4.9%/yr. Reported net income was €1.1B in FY2025, compounding +309.1%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap $18.5B · P/E ratio 18.4 · P/S ratio 1.06 · EPS (TTM) $1.20 · Dividend yield 2.6% · Net margin 5.7% · Return on equity 16.1% · Return on assets (EBIT) 14.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (medium confidence).
What moves the price
The share trades about 2% below its 52-week high and 55% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Energy peers we cover trades at −13% fair-value upside, at 1%, GLPEF screens cheaper than that median.
Fair Value models
All 22 models by family
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Set up alert →Quality Score breakdown
Of which business quality 70 · Market factors (momentum, volatility) 74
Revenue & earnings trend
Growth Forecast
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Earlier news
- Galp (ENXTLS:GALP) Stock Still Looks Undervalued On Its 187% Five Year Run
- Should Value Investors Buy Galp Energia (GLPEY) Stock?
Compare Galp Energia, SGPS, S.A with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Oil & Gas Integrated · 45 stocks
Valuation Multiplesvs Oil & Gas Integrated median · lower = cheaper
Context: sector, industry, market
- Is the Energy sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Energy
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Oil & Gas Integrated stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Saudi Arabian Oil Company 2222 | 25.28 SAR | 20.14 SAR | −20% |
| Exxon Mobil Corporation XOM | $162.75 | $90.40 | −44% |
| Chevron Corporation CVX | $204.38 | $92.05 | −55% |
| PetroChina Company 601857 | ¥11.21 | ¥15.47 | +38% |
| TotalEnergies SE TTE | €74.51 | €70.97 | −5% |
| Petróleo Brasileiro S.A PBR | $20.37 | $28.71 | +41% |
| Equinor ASA EQNR | kr 398.40 | kr 345.87 | −13% |
| China Petroleum & Chemical Corporation 600028 | ¥5.28 | ¥3.74 | −29% |
| Suncor Energy Inc SU | $67.87 | $70.17 | +3% |
| Imperial Oil Limited IMO | $122.34 | $94.61 | −23% |
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Key figures of Galp Energia, SGPS, S.A
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