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Gaztransport et Technigaz SA
PAR:GTT

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Gaztransport et Technigaz SA
PAR:GTT
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Price: 196.7 EUR 0.82% Market Closed
Market Cap: €7.3B

EV/OCF

16.6
Current
10%
Cheaper
vs 3-y average of 18.5

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
16.6
=
Enterprise Value
€6.7B
/
Operating Cash Flow
€423.3m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
16.6
=
Enterprise Value
€6.7B
/
Operating Cash Flow
€423.3m

Valuation Scenarios

Gaztransport et Technigaz SA is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (18.5), the stock would be worth €219.14 (11% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-61%
Maximum Upside
+11%
Average Downside
22%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 16.6 €196.7
0%
3-Year Average 18.5 €219.14
+11%
5-Year Average 16.8 €199.59
+1%
Industry Average 6.5 €76.86
-61%
Country Average 9.9 €117.87
-40%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
FR
Gaztransport et Technigaz SA
PAR:GTT
7.3B EUR 16.6 17.6
CA
Enbridge Inc
TSX:ENB
155.6B CAD 20.7 21.9
US
Williams Companies Inc
NYSE:WMB
86.1B USD 19.3 32.9
US
Enterprise Products Partners LP
NYSE:EPD
80.4B USD 13.1 14
US
Kinder Morgan Inc
NYSE:KMI
70.2B USD 17 23.1
US
Energy Transfer LP
NYSE:ET
65.2B USD 13 15.6
CA
TC Energy Corp
TSX:TRP
86.4B CAD 19.3 25.1
US
MPLX LP
NYSE:MPLX
56.5B USD 13.3 11.5
US
Cheniere Energy Inc
NYSE:LNG
54.2B USD 13.8 10.2
US
ONEOK Inc
NYSE:OKE
53.3B USD 15.2 15.7
US
Targa Resources Corp
NYSE:TRGP
49.9B USD 17 27.1

Market Distribution

Higher than 72% of companies in France
Percentile
72nd
Based on 1 497 companies
72nd percentile
16.6
Low
0.3 — 6.5
Typical Range
6.5 — 15.7
High
15.7 —
Distribution Statistics
France
Min 0.3
30th Percentile 6.5
Median 9.9
70th Percentile 15.7
Max 2 301.8

Gaztransport et Technigaz SA
Glance View

Nestled in the realm of energy titans is Gaztransport et Technigaz SA (GTT), a company that stands as a beacon of specialized engineering within the liquefied natural gas (LNG) industry. Established from the merger of two French engineering firms, GTT has carved a niche by designing cutting-edge membrane containment systems crucial for the transportation and storage of LNG. These sophisticated systems are pivotal in maintaining the LNG at cryogenic temperatures, ensuring minimal loss during long voyages across the globe. Through relentless commitment to innovation, GTT has developed a portfolio teeming with patented technologies that efficiently minimize boil-off rates and ensure structural integrity, making them a preferred partner for LNG carriers and terminals. The company’s revenue streams are multifaceted, spanning licensing fees, services, and consultancy. Shipbuilders implementing GTT’s proprietary technologies pay licensing fees, ensuring GTT earns revenue from the construction of each vessel featuring its designs. In addition, the company offers an array of services, including maintenance and training, which not only enhance the sustainability of their systems but also provide recurring revenue. With the global shift towards cleaner energy, the demand for LNG is anticipated to rise, putting GTT in a prime position to capitalize on its expertise and entrenched market leadership. Furthermore, GTT often collaborates with other industry players to create innovative solutions that cater to evolving market demands, thereby sustaining its growth trajectory and reinforcing its standing as a vital cog in the global energy supply chain.

GTT Intrinsic Value
132.14 EUR
Overvaluation 33%
Intrinsic Value
Price €196.7
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