ENXTPA:GET

Stock Analysis Report

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Market Cap

€7.1b

Last Updated

2021/06/17 06:36 UTC

Data Sources

Company Financials +

Executive Summary

Getlink SE engages in the design, finance, construction, and operation of fixed link infrastructure and transport system in France and the United Kingdom. More Details


Snowflake Analysis

Reasonable growth potential with worrying balance sheet.


Similar Companies

Share Price & News

How has Getlink's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GET is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.

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


Market Performance


7 Day Return

5.4%

GET

3.3%

FR Infrastructure

1.5%

FR Market


1 Year Return

1.3%

GET

15.5%

FR Infrastructure

35.4%

FR Market

Return vs Industry: GET underperformed the French Infrastructure industry which returned 15.5% over the past year.

Return vs Market: GET underperformed the French Market which returned 35.4% over the past year.


Shareholder returns

GETIndustryMarket
7 Day5.4%3.3%1.5%
30 Day0.9%7.6%4.9%
90 Day0.6%10.1%11.0%
1 Year1.7%1.3%15.7%15.5%39.5%35.4%
3 Year13.0%9.6%-21.6%-23.9%36.1%24.8%
5 Year23.1%13.5%28.3%19.0%88.9%60.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Getlink undervalued compared to its fair value and its price relative to the market?

5.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: GET (€13.29) is trading above our estimate of fair value (€6.66)

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


Price To Earnings Ratio

PE vs Industry: GET is unprofitable, so we can't compare its PE Ratio to the European Infrastructure industry average.

PE vs Market: GET is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GET's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GET is overvalued based on its PB Ratio (5.2x) compared to the FR Infrastructure industry average (1.7x).


Future Growth

How is Getlink forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

65.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GET is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: GET is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GET's is expected to become profitable in the next 3 years.

Revenue vs Market: GET's revenue (12.1% per year) is forecast to grow faster than the French market (7% per year).

High Growth Revenue: GET's revenue (12.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GET's Return on Equity is forecast to be low in 3 years time (14.2%).


Past Performance

How has Getlink performed over the past 5 years?

-17.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GET is currently unprofitable.

Growing Profit Margin: GET is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: GET is unprofitable, and losses have increased over the past 5 years at a rate of 17.1% per year.

Accelerating Growth: Unable to compare GET's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GET is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-20%).


Return on Equity

High ROE: GET has a negative Return on Equity (-8.85%), as it is currently unprofitable.


Financial Health

How is Getlink's financial position?


Financial Position Analysis

Short Term Liabilities: GET's short term assets (€767.8M) exceed its short term liabilities (€319.1M).

Long Term Liabilities: GET's short term assets (€767.8M) do not cover its long term liabilities (€6.4B).


Debt to Equity History and Analysis

Debt Level: GET's debt to equity ratio (453.3%) is considered high.

Reducing Debt: GET's debt to equity ratio has increased from 315.8% to 453.3% over the past 5 years.

Debt Coverage: GET's debt is not well covered by operating cash flow (5.9%).

Interest Coverage: GET is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Getlink current dividend yield, its reliability and sustainability?

0.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GET's dividend (0.38%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.25%).

High Dividend: GET's dividend (0.38%) is low compared to the top 25% of dividend payers in the French market (3.69%).


Stability and Growth of Payments

Stable Dividend: GET is not paying a notable dividend for the French market, therefore no need to check if payments are stable.

Growing Dividend: GET is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: GET is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GET's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Yann Leriche (47 yo)

0.92

Tenure

€659,796

Compensation

Mr. Yann Leriche has been Chief Executive Officer of Getlink S.E. since July 1, 2020 and its Director since April 28, 2021. Mr. Leriche served as the Chief Performance Officer of Transdev S.A. since 2014 a...


CEO Compensation Analysis

Compensation vs Market: Yann's total compensation ($USD799.56K) is below average for companies of similar size in the French market ($USD3.22M).

Compensation vs Earnings: Insufficient data to compare Yann's compensation with company performance.


Leadership Team

Experienced Management: GET's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: GET's board of directors are considered experienced (4 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

Getlink SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Getlink SE
  • Ticker: GET
  • Exchange: ENXTPA
  • Founded: 1986
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Market Cap: €7.148b
  • Shares outstanding: 538.02m
  • Website: https://www.getlinkgroup.com

Number of Employees


Location

  • Getlink SE
  • 3, rue La Boetie
  • Paris
  • Ile-de-France
  • 75008
  • France

Listings


Biography

Getlink SE engages in the design, finance, construction, and operation of fixed link infrastructure and transport system in France and the United Kingdom. The company operates through four segments: Eurotu...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/17 06:36
End of Day Share Price2021/06/16 00:00
Earnings2020/12/31
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.