GETLINK SE (GET.PA)
FR0010533075 - Common Stock
GET gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 11 industry peers in the Transportation Infrastructure industry. While GET belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. GET has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GET had positive earnings in the past year.
GET had a positive operating cash flow in the past year.
In multiple years GET reported negative net income over the last 5 years.
Each year in the past 5 years GET had a positive operating cash flow.
1.2 Ratios
GET's Return On Assets of 4.06% is fine compared to the rest of the industry. GET outperforms 80.00% of its industry peers.
GET has a better Return On Equity (15.68%) than 90.00% of its industry peers.
The Return On Invested Capital of GET (7.44%) is better than 80.00% of its industry peers.
GET had an Average Return On Invested Capital over the past 3 years of 2.82%. This is below the industry average of 5.97%.
The 3 year average ROIC (2.82%) for GET is below the current ROIC(7.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.06% | ||
| ROE | 15.68% | ||
| ROIC | 7.44% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.82%
ROIC(5y)3.24%
1.3 Margins
The Profit Margin of GET (18.29%) is better than 90.00% of its industry peers.
GET's Profit Margin has improved in the last couple of years.
The Operating Margin of GET (42.49%) is better than 100.00% of its industry peers.
GET's Operating Margin has improved in the last couple of years.
The Gross Margin of GET (67.56%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of GET has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42.49% | ||
| PM | 18.29% | ||
| GM | 67.56% |
OM growth 3Y4%
OM growth 5Y3.62%
PM growth 3Y2.32%
PM growth 5Y7.49%
GM growth 3Y-2.01%
GM growth 5Y-0.73%
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.
GET has a better debt/assets ratio than last year.
2.2 Solvency
GET has an Altman-Z score of 1.44. This is a bad value and indicates that GET is not financially healthy and even has some risk of bankruptcy.
GET's Altman-Z score of 1.44 is in line compared to the rest of the industry. GET outperforms 60.00% of its industry peers.
The Debt to FCF ratio of GET is 4.41, which is a neutral value as it means it would take GET, 4.41 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.41, GET is doing good in the industry, outperforming 70.00% of the companies in the same industry.
A Debt/Equity ratio of 2.32 is on the high side and indicates that GET has dependencies on debt financing.
GET has a Debt to Equity ratio of 2.32. This is in the lower half of the industry: GET underperforms 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.32 | ||
| Debt/FCF | 4.41 | ||
| Altman-Z | 1.44 |
ROIC/WACC1.54
WACC5.93%
2.3 Liquidity
GET has a Current Ratio of 2.56. This indicates that GET is financially healthy and has no problem in meeting its short term obligations.
GET has a Current ratio of 2.56. This is amongst the best in the industry. GET outperforms 100.00% of its industry peers.
A Quick Ratio of 2.55 indicates that GET has no problem at all paying its short term obligations.
GET's Quick ratio of 2.55 is amongst the best of the industry. GET outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.56 | ||
| Quick Ratio | 2.55 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 833.33% over the past year.
The Earnings Per Share has been growing by 17.48% on average over the past years. This is quite good.
GET shows a strong growth in Revenue. In the last year, the Revenue has grown by 91.36%.
Measured over the past years, GET shows a quite strong growth in Revenue. The Revenue has been growing by 9.23% on average per year.
EPS 1Y833.33%
EPS 3Y17.46%
EPS 5Y17.48%
EPS growth Q2Q190%
Revenue growth 1Y91.36%
Revenue growth 3Y13.96%
Revenue growth 5Y9.23%
Revenue growth Q2Q61.73%
3.2 Future
GET is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.44% yearly.
The Revenue is expected to decrease by -1.34% on average over the next years.
EPS Next Y34.85%
EPS Next 2Y11.14%
EPS Next 3Y3.64%
EPS Next 5Y8.44%
Revenue Next Year15.65%
Revenue Next 2Y1.44%
Revenue Next 3Y-1.06%
Revenue Next 5Y-1.34%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.93 indicates a rather expensive valuation of GET.
Based on the Price/Earnings ratio, GET is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 25.92. GET is around the same levels.
The Price/Forward Earnings ratio is 26.07, which means the current valuation is very expensive for GET.
70.00% of the companies in the same industry are cheaper than GET, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of GET to the average of the S&P500 Index (19.01), we can say GET is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.93 | ||
| Fwd PE | 26.07 |
4.2 Price Multiples
GET's Price/Free Cash Flow ratio is rather cheap when compared to the industry. GET is cheaper than 90.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.66 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GET has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.66
PEG (5Y)1.31
EPS Next 2Y11.14%
EPS Next 3Y3.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.23%, GET has a reasonable but not impressive dividend return.
GET's Dividend Yield is a higher than the industry average which is at 6.55.
Compared to an average S&P500 Dividend Yield of 2.58, GET pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
5.2 History
The dividend of GET decreases each year by -17.40%.
Dividend Growth(5Y)-17.4%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
GET pays out 75.35% of its income as dividend. This is not a sustainable payout ratio.
DP75.35%
EPS Next 2Y11.14%
EPS Next 3Y3.64%
GETLINK SE
EPA:GET (9/22/2023, 7:00:00 PM)
15.135
-0.37 (-2.39%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryTransportation Infrastructure
Earnings (Last)N/A N/A
Earnings (Next)N/A N/A
Inst OwnersN/A
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.19B
Analysts70.53
Price Target17.38 (14.83%)
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.23% |
Dividend Growth(5Y)-17.4%
DP75.35%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
Revenue beat(2)1
Avg Revenue beat(2)99335.7%
Min Revenue beat(2)99335.7%
Max Revenue beat(2)99335.7%
Revenue beat(4)2
Avg Revenue beat(4)100448%
Min Revenue beat(4)99335.7%
Max Revenue beat(4)101559%
PT rev (1m)0%
PT rev (3m)1.3%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.54%
EPS NY rev (3m)-15.96%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.93 | ||
| Fwd PE | 26.07 | ||
| P/S | 4.17 | ||
| P/FCF | 6.66 | ||
| P/OCF | 5.92 | ||
| P/B | 3.58 | ||
| P/tB | 3.97 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.66
EY4.36%
EPS(NY)0.58
Fwd EY3.84%
FCF(TTM)2.27
FCFY15.02%
OCF(TTM)2.56
OCFY16.88%
SpS3.63
BVpS4.23
TBVpS3.81
PEG (NY)0.66
PEG (5Y)1.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.06% | ||
| ROE | 15.68% | ||
| ROCE | 10.13% | ||
| ROIC | 7.44% | ||
| ROICexc | 8.83% | ||
| ROICexgc | 9.13% | ||
| OM | 42.49% | ||
| PM | 18.29% | ||
| GM | 67.56% | ||
| FCFM | 62.66% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)2.82%
ROIC(5y)3.24%
ROICexc(3y)3.24%
ROICexc(5y)3.61%
ROICexgc(3y)3.35%
ROICexgc(5y)3.72%
ROCE(3y)3.83%
ROCE(5y)4.4%
ROICexcg growth 3Y20.09%
ROICexcg growth 5Y11.93%
ROICexc growth 3Y19.73%
ROICexc growth 5Y11.67%
OM growth 3Y4%
OM growth 5Y3.62%
PM growth 3Y2.32%
PM growth 5Y7.49%
GM growth 3Y-2.01%
GM growth 5Y-0.73%
F-Score7
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.32 | ||
| Debt/FCF | 4.41 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 7.77% | ||
| Profit Quality | 342.54% | ||
| Current Ratio | 2.56 | ||
| Quick Ratio | 2.55 | ||
| Altman-Z | 1.44 |
F-Score7
WACC5.93%
ROIC/WACC1.54
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)14.45%
Cap/Sales(5y)18.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
Growth
EPS 1Y833.33%
EPS 3Y17.46%
EPS 5Y17.48%
EPS growth Q2Q190%
EPS Next Y34.85%
EPS Next 2Y11.14%
EPS Next 3Y3.64%
EPS Next 5Y8.44%
Revenue growth 1Y91.36%
Revenue growth 3Y13.96%
Revenue growth 5Y9.23%
Revenue growth Q2Q61.73%
Revenue Next Year15.65%
Revenue Next 2Y1.44%
Revenue Next 3Y-1.06%
Revenue Next 5Y-1.34%
EBIT growth 1Y163.07%
EBIT growth 3Y18.52%
EBIT growth 5Y13.18%
EBIT Next Year34.53%
EBIT Next 3Y4.45%
EBIT Next 5Y-0.38%
FCF growth 1Y545.97%
FCF growth 3Y38.66%
FCF growth 5Y29.57%
OCF growth 1Y323.73%
OCF growth 3Y23.45%
OCF growth 5Y16.17%