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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: 201.6 EUR 0.8% Market Closed
Market Cap: €7.5B

P/OCF

17.6
Current
10%
Cheaper
vs 3-y average of 19.6

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
17.6
=
Market Cap
€6.9B
/
Operating Cash Flow
€423.3m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
17.6
=
Market Cap
€6.9B
/
Operating Cash Flow
€423.3m

Valuation Scenarios

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

If P/OCF returns to its 3-Year Average (19.6), the stock would be worth €224.52 (11% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-72%
Maximum Upside
+11%
Average Downside
31%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 17.6 €201.6
0%
3-Year Average 19.6 €224.52
+11%
5-Year Average 17.7 €202.67
+1%
Industry Average 4.9 €55.58
-72%
Country Average 6.7 €77.05
-62%

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

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
FR
Gaztransport et Technigaz SA
PAR:GTT
7.5B EUR 17.6 18
CA
Enbridge Inc
TSX:ENB
154.6B CAD 12.8 22.2
US
Williams Companies Inc
NYSE:WMB
86.9B USD 14.8 33.5
US
Enterprise Products Partners LP
NYSE:EPD
81.6B USD 9.5 14.2
US
Kinder Morgan Inc
NYSE:KMI
70.8B USD 11.9 23.2
US
Energy Transfer LP
NYSE:ET
65.6B USD 6.5 15.8
CA
TC Energy Corp
TSX:TRP
85.5B CAD 11.8 25.5
US
MPLX LP
NYSE:MPLX
56.8B USD 9.6 11.5
US
ONEOK Inc
NYSE:OKE
54.2B USD 9.8 16.2
US
Cheniere Energy Inc
NYSE:LNG
54.1B USD 9.8 10.1
US
Targa Resources Corp
NYSE:TRGP
50.8B USD 13.1 28

Market Distribution

Higher than 82% of companies in France
Percentile
82st
Based on 1 511 companies
82st percentile
17.6
Low
0 — 4.4
Typical Range
4.4 — 12
High
12 —
Distribution Statistics
France
Min 0
30th Percentile 4.4
Median 6.7
70th Percentile 12
Max 2 287.4

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 34%
Intrinsic Value
Price €201.6
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