GETLINK SE (GET.PA)

FR0010533075 - Common Stock

16.35  +0.32 (+2%)

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to GET. GET was compared to 10 industry peers in the Transportation Infrastructure industry. GET scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, GET is valued expensive at the moment.



7

1. Profitability

1.1 Basic Checks

In the past year GET was profitable.
In the past year GET had a positive cash flow from operations.
In multiple years GET reported negative net income over the last 5 years.
In the past 5 years GET always reported a positive cash flow from operatings.

1.2 Ratios

With a Return On Assets value of 3.62%, GET perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
GET's Return On Equity of 13.24% is fine compared to the rest of the industry. GET outperforms 70.00% of its industry peers.
GET's Return On Invested Capital of 7.54% is fine compared to the rest of the industry. GET outperforms 70.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GET is in line with the industry average of 6.37%.
The 3 year average ROIC (5.30%) for GET is below the current ROIC(7.54%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.62%
ROE 13.24%
ROIC 7.54%
ROA(3y)1.23%
ROA(5y)0.85%
ROE(3y)2.07%
ROE(5y)1.54%
ROIC(3y)5.3%
ROIC(5y)4.42%

1.3 Margins

GET has a better Profit Margin (17.87%) than 90.00% of its industry peers.
In the last couple of years the Profit Margin of GET has grown nicely.
The Operating Margin of GET (40.35%) is better than 90.00% of its industry peers.
GET's Operating Margin has improved in the last couple of years.
GET has a better Gross Margin (68.40%) than 70.00% of its industry peers.
GET's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 40.35%
PM (TTM) 17.87%
GM 68.4%
OM growth 3Y32.9%
OM growth 5Y1.96%
PM growth 3YN/A
PM growth 5Y8.1%
GM growth 3Y-0.33%
GM growth 5Y-1.82%

4

2. Health

2.1 Basic Checks

GET has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
GET has about the same amout of shares outstanding than it did 1 year ago.
GET has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GET has been reduced compared to a year ago.

2.2 Solvency

GET has an Altman-Z score of 1.49. This is a bad value and indicates that GET is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.49, GET is in line with its industry, outperforming 50.00% of the companies in the same industry.
GET has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as GET would need 6.05 years to pay back of all of its debts.
GET's Debt to FCF ratio of 6.05 is in line compared to the rest of the industry. GET outperforms 60.00% of its industry peers.
A Debt/Equity ratio of 2.14 is on the high side and indicates that GET has dependencies on debt financing.
GET has a Debt to Equity ratio of 2.14. This is in the lower half of the industry: GET underperforms 70.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.14
Debt/FCF 6.05
Altman-Z 1.49
ROIC/WACC1.26
WACC5.99%

2.3 Liquidity

A Current Ratio of 3.18 indicates that GET has no problem at all paying its short term obligations.
GET's Current ratio of 3.18 is fine compared to the rest of the industry. GET outperforms 80.00% of its industry peers.
A Quick Ratio of 3.18 indicates that GET has no problem at all paying its short term obligations.
GET has a better Quick ratio (3.18) than 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 3.18
Quick Ratio 3.18

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 27.66% over the past year.
GET shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.11% yearly.
GET shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.87%.
Measured over the past years, GET shows a quite strong growth in Revenue. The Revenue has been growing by 11.12% on average per year.
EPS 1Y (TTM)27.66%
EPS 3YN/A
EPS 5Y20.11%
EPS Q2Q%-16.22%
Revenue 1Y (TTM)13.87%
Revenue growth 3Y30.87%
Revenue growth 5Y11.12%
Sales Q2Q%-12.98%

3.2 Future

The Earnings Per Share is expected to decrease by -3.71% on average over the next years.
GET is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -4.40% yearly.
EPS Next Y-20.51%
EPS Next 2Y-13.56%
EPS Next 3Y-3.71%
EPS Next 5YN/A
Revenue Next Year-11.32%
Revenue Next 2Y-8.4%
Revenue Next 3Y-4.4%
Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.

2

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 27.25, the valuation of GET can be described as expensive.
80.00% of the companies in the same industry are cheaper than GET, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.24, GET is valued at the same level.
GET is valuated quite expensively with a Price/Forward Earnings ratio of 34.28.
Based on the Price/Forward Earnings ratio, GET is valued a bit more expensive than 70.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 19.93. GET is valued rather expensively when compared to this.
Industry RankSector Rank
PE 27.25
Fwd PE 34.28

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of GET indicates a somewhat cheap valuation: GET is cheaper than 80.00% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 10.08
EV/EBITDA N/A

4.3 Compensation for Growth

The decent profitability rating of GET may justify a higher PE ratio.
GET's earnings are expected to decrease with -3.71% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.35
EPS Next 2Y-13.56%
EPS Next 3Y-3.71%

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 3.31%, GET has a reasonable but not impressive dividend return.
GET's Dividend Yield is comparable with the industry average which is at 4.65.
Compared to an average S&P500 Dividend Yield of 2.37, GET pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 3.31%

5.2 History

On average, the dividend of GET grows each year by 10.80%, which is quite nice.
Dividend Growth(5Y)10.8%
Div Incr Years2
Div Non Decr Years3

5.3 Sustainability

82.90% of the earnings are spent on dividend by GET. This is not a sustainable payout ratio.
The Dividend Rate of GET has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP82.9%
EPS Next 2Y-13.56%
EPS Next 3Y-3.71%

GETLINK SE

EPA:GET (6/12/2024, 4:18:36 PM)

16.35

+0.32 (+2%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.99B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 3.31%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 27.25
Fwd PE 34.28
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.35
Profitability
Industry RankSector Rank
ROA 3.62%
ROE 13.24%
ROCE
ROIC
ROICexc
ROICexgc
OM 40.35%
PM (TTM) 17.87%
GM 68.4%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.2
Health
Industry RankSector Rank
Debt/Equity 2.14
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 3.18
Quick Ratio 3.18
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)27.66%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y-20.51%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)13.87%
Revenue growth 3Y30.87%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y