Financials GTT (Gaztransport

Equities

GTT

FR0011726835

Oil & Gas Transportation Services

Real-time Euronext Paris 04:04:50 2024-06-19 am EDT 5-day change 1st Jan Change
118.3 EUR +0.17% Intraday chart for GTT (Gaztransport -8.51% -1.33%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,166 2,936 3,030 3,676 4,431 4,364 - -
Enterprise Value (EV) 1 2,999 2,800 2,831 3,467 4,171 4,010 3,926 3,837
P/E ratio 22.2 x 14.8 x 22.7 x 28.8 x 22.1 x 15.1 x 12.3 x 12.2 x
Yield 3.81% 5.42% 3.77% 3.11% 3.64% 5.42% 6.57% 6.58%
Capitalization / Revenue 11 x 7.41 x 9.63 x 12 x 10.4 x 7.07 x 6.11 x 5.88 x
EV / Revenue 10.4 x 7.06 x 8.99 x 11.3 x 9.75 x 6.5 x 5.5 x 5.17 x
EV / EBITDA 17.2 x 11.5 x 16.4 x 21.5 x 17.8 x 11.2 x 9.19 x 8.65 x
EV / FCF 25.1 x 20 x 14.4 x 26.8 x 24.1 x 15.4 x 11.4 x 10.1 x
FCF Yield 3.98% 5% 6.94% 3.73% 4.15% 6.5% 8.75% 9.86%
Price to Book 15.6 x 14.5 x 12.2 x 14.2 x 13.2 x 9.37 x 7.6 x 6.74 x
Nbr of stocks (in thousands) 37,071 37,069 36,836 36,836 36,953 36,952 - -
Reference price 2 85.40 79.20 82.25 99.80 119.9 118.1 118.1 118.1
Announcement Date 2/27/20 2/18/21 2/17/22 2/16/23 2/26/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 288.2 396.4 314.7 307.3 427.7 617 714.5 742.2
EBITDA 1 174.3 242.7 172.2 161.1 234.5 359.1 427.3 443.3
EBIT 1 170 236.3 164.6 152.2 223.5 343.8 406.2 419.5
Operating Margin 58.99% 59.62% 52.3% 49.53% 52.26% 55.71% 56.86% 56.52%
Earnings before Tax (EBT) 1 170.2 236.1 164.8 152.7 236.2 344.6 412.8 413.6
Net income 1 143.4 198.9 134.1 128.3 201.4 287 344.5 356.8
Net margin 49.74% 50.17% 42.6% 41.74% 47.08% 46.51% 48.22% 48.06%
EPS 2 3.850 5.340 3.620 3.460 5.430 7.815 9.622 9.692
Free Cash Flow 1 119.3 139.9 196.5 129.3 173 260.8 343.6 378.1
FCF margin 41.39% 35.29% 62.42% 42.08% 40.46% 42.26% 48.09% 50.94%
FCF Conversion (EBITDA) 68.44% 57.65% 114.11% 80.25% 73.77% 72.62% 80.42% 85.3%
FCF Conversion (Net income) 83.2% 70.34% 146.54% 100.81% 85.93% 90.86% 99.75% 105.99%
Dividend per Share 2 3.250 4.290 3.100 3.100 4.360 6.397 7.754 7.766
Announcement Date 2/27/20 2/18/21 2/17/22 2/16/23 2/26/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1
Net sales 1 165.6 203.8 - 165.3 74.74 74.71 - 68.18 76.04 144.2 77.81 85.26 - 79.89 97.91 177.8 122.2 127.7 - 144.8
EBITDA 103.5 136.6 - 96.48 - - - - - 79.71 42.09 39.33 - - - - - - - -
EBIT 101.2 133.9 102.4 92.85 - - 71.77 - - 75.94 38.87 37.41 76.28 - - 99.62 - - 123.9 -
Operating Margin 61.09% 65.7% - 56.18% - - - - - 52.65% 49.95% 43.88% - - - 56.03% - - - -
Earnings before Tax (EBT) 101.3 - - - - - - - - - - - - - - - - - - -
Net income 86.77 115.5 - 76.56 - - - - - 63.69 32.28 32.29 - - - - - - - -
Net margin 52.4% 56.7% - 46.32% - - - - - 44.16% 41.48% 37.87% - - - - - - - -
EPS 2.330 - - - - - - - - - 0.8700 - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - - - - - - -
Announcement Date 2/27/20 7/29/20 2/18/21 7/28/21 10/28/21 2/17/22 2/17/22 4/28/22 7/28/22 7/28/22 10/27/22 2/16/23 2/16/23 4/20/23 7/27/23 7/27/23 10/25/23 2/26/24 2/26/24 4/19/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 167 136 199 209 259 354 438 528
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 119 140 196 129 173 261 344 378
ROE (net income / shareholders' equity) 75.1% 89.1% 54.4% 50.5% 67.6% 73.6% 65.4% 58.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 5.460 5.460 6.720 7.040 9.100 12.60 15.50 17.50
Cash Flow per Share 2 3.460 4.130 5.730 3.760 5.830 8.600 11.70 10.80
Capex 1 9.02 13.7 16.1 22.9 43.1 52 35.6 24.4
Capex / Sales 3.13% 3.47% 5.1% 7.44% 10.08% 8.43% 4.98% 3.29%
Announcement Date 2/27/20 2/18/21 2/17/22 2/16/23 2/26/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
118.1 EUR
Average target price
164.7 EUR
Spread / Average Target
+39.43%
Consensus
  1. Stock Market
  2. Equities
  3. GTT Stock
  4. Financials GTT (Gaztransport