ENXTPA:GTT

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Gaztransport & Technigaz

Market Cap

€2.5b

Last Updated

2021/08/03 21:05 UTC

Data Sources

Company Financials +

Executive Summary

Gaztransport & Technigaz SA, a technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and liquefied natural gas (LNG) in South Korea, China, and internationally. More Details


Snowflake Analysis

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

How has Gaztransport & Technigaz's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GTT is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: GTT's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.7%

GTT

3.3%

FR Oil and Gas

2.7%

FR Market


1 Year Return

-16.7%

GTT

12.5%

FR Oil and Gas

39.3%

FR Market

Return vs Industry: GTT underperformed the French Oil and Gas industry which returned 9.6% over the past year.

Return vs Market: GTT underperformed the French Market which returned 38.7% over the past year.


Shareholder returns

GTTIndustryMarket
7 Day0.7%3.3%2.7%
30 Day-3.1%-2.4%2.7%
90 Day-6.6%-3.5%6.2%
1 Year-11.8%-16.7%21.3%12.5%43.2%39.3%
3 Year31.5%14.1%-18.0%-32.3%34.4%21.6%
5 Year235.0%152.1%17.8%-12.4%87.9%58.4%

Long-Term Price Volatility Vs. Market

How volatile is Gaztransport & Technigaz's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gaztransport & Technigaz undervalued compared to its fair value and its price relative to the market?

15.63x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GTT (€67.5) is trading above our estimate of fair value (€56.56)

Significantly Below Fair Value: GTT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GTT is good value based on its PE Ratio (15.6x) compared to the French Oil and Gas industry average (25.3x).

PE vs Market: GTT is good value based on its PE Ratio (15.6x) compared to the French market (21.6x).


Price to Earnings Growth Ratio

PEG Ratio: GTT is poor value based on its PEG Ratio (5x)


Price to Book Ratio

PB vs Industry: GTT is overvalued based on its PB Ratio (10.4x) compared to the FR Oil and Gas industry average (0.8x).


Future Growth

How is Gaztransport & Technigaz forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

3.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GTT's forecast earnings growth (3.1% per year) is above the savings rate (0.4%).

Earnings vs Market: GTT's earnings (3.1% per year) are forecast to grow slower than the French market (13.5% per year).

High Growth Earnings: GTT's earnings are forecast to grow, but not significantly.

Revenue vs Market: GTT's revenue (6% per year) is forecast to grow slower than the French market (6.3% per year).

High Growth Revenue: GTT's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GTT's Return on Equity is forecast to be very high in 3 years time (58%).


Past Performance

How has Gaztransport & Technigaz performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GTT has high quality earnings.

Growing Profit Margin: GTT's current net profit margins (44.7%) are lower than last year (54.8%).


Past Earnings Growth Analysis

Earnings Trend: GTT's earnings have grown by 10.7% per year over the past 5 years.

Accelerating Growth: GTT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GTT had negative earnings growth (-21%) over the past year, making it difficult to compare to the Oil and Gas industry average (-53.1%).


Return on Equity

High ROE: GTT's Return on Equity (67.1%) is considered outstanding.


Financial Health

How is Gaztransport & Technigaz's financial position?


Financial Position Analysis

Short Term Liabilities: GTT's short term assets (€317.4M) exceed its short term liabilities (€119.4M).

Long Term Liabilities: GTT's short term assets (€317.4M) exceed its long term liabilities (€19.4M).


Debt to Equity History and Analysis

Debt Level: GTT's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: GTT's debt to equity ratio has increased from 1.2% to 1.4% over the past 5 years.

Debt Coverage: GTT's debt is well covered by operating cash flow (4852.1%).

Interest Coverage: GTT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Gaztransport & Technigaz current dividend yield, its reliability and sustainability?

6.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GTT's dividend (6.36%) is higher than the bottom 25% of dividend payers in the French market (1.29%).

High Dividend: GTT's dividend (6.36%) is in the top 25% of dividend payers in the French market (3.87%)


Stability and Growth of Payments

Stable Dividend: GTT has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: GTT's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (72.7%), GTT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GTT's dividends in 3 years are forecast to be covered by earnings (81.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.2yrs

Average management tenure


CEO

Philippe Berterottière (64 yo)

12.58yrs

Tenure

€2,107,807

Compensation

Mr. Philippe Berterottière serves as the Chairman of Gaztransport & Technigaz SAS since December 11, 2013. Mr. Berterottière has been its Chief Executive Officer since 2009. Mr. Berterottière served as Pre...


CEO Compensation Analysis

Compensation vs Market: Philippe's total compensation ($USD2.50M) is above average for companies of similar size in the French market ($USD1.85M).

Compensation vs Earnings: Philippe's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GTT's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: GTT's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gaztransport & Technigaz SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gaztransport & Technigaz SA
  • Ticker: GTT
  • Exchange: ENXTPA
  • Founded: 1965
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: €2.487b
  • Shares outstanding: 36.84m
  • Website: https://www.gtt.fr

Number of Employees


Location

  • Gaztransport & Technigaz SA
  • 1, route de Versailles
  • Saint-Rémy-lès-Chevreuse
  • Ile-de-France
  • 78470
  • France

Listings


Biography

Gaztransport & Technigaz SA, a technology and engineering company, provides cryogenic membrane containment systems for the maritime transportation and storage of liquefied gas and liquefied natural gas (LN...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/03 21:05
End of Day Share Price2021/08/03 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.