StealthGas remains deeply undervalued, trading at just 50% its book value despite a 50% rally since October. GASS boasts a debt-free balance sheet and a record $131.2 million cash pile, now 37% of its market cap. Recent vessel sales above book value confirm the fleet's marked-to-market worth exceeds GAAP equity, further supporting valuation.
StealthGas: The Rally Has Not Fully Closed The Value Gap
Source: Seeking Alpha