GTT Stock Analysis: Gaztransport & Technigaz SAS | PA
Oil & Gas Equipment & Services | PA, France | Market Cap: 6.813m EUR | 12M Return: 18% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 20.0M
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Gaztransport & Technigaz SA (GTT) is a French technology and engineering company specializing in cryogenic membrane containment systems used for the maritime transport and storage of liquefied gases, primarily LNG (Liquefied Natural Gas). Founded in 1963 and headquartered in Saint-Rémy-lès-Chevreuse, France, the company operates through two segments: Core Business and Hydrogen. Its offering spans onshore membrane storage tanks, floating LNG storage solutions, containment systems for other liquefied gases such as ethane, ethylene, propane, butane, and propylene, and offshore solutions including FSRUs, FLNGs, and FSUs. GTT also provides consultancy, engineering studies, maintenance services, and digital decision-support tools for ship-owners, while increasingly extending its expertise into green hydrogen electrolysers and LNG-fuelled vessel containment. Its customers include ship-owners, gas companies, terminal operators, and shipyards, with a notable operational footprint in South Korea and China.
Operating in the Oil & Gas Storage & Transportation sub-industry, GTT sits within a niche segment of the global LNG value chain, where membrane containment technology competes with traditional spherical (Moss-type) tank designs and is commonly favored for new LNG carrier builds due to its compact cargo configuration. The companys pivot toward hydrogen-related technologies reflects a broader sectoral trend in which established LNG infrastructure providers are leveraging cryogenic engineering capabilities to participate in emerging low-carbon energy supply chains.
- New LNG carrier orders from Korean shipyards drive revenue
- Hydrogen electrolyser segment scales with energy transition investments
- IMO emissions rules accelerate LNG bunkering vessel demand
| Net Income: 413.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.38 > 0.02 and ΔFCF/TA 0.83 > 1.0 |
| NWC/Revenue: 42.04% < 20% (prev 53.96%; Δ -11.92% < -1%) |
| CFO/TA 0.41 > 3% & CFO 433.7m > Net Income 413.6m |
| Net Debt (-204.1m) to EBITDA (550.8m): -0.37 < 3 |
| Current Ratio: 2.0 > 1.5 & < 3 |
| Outstanding Shares: last quarter (37.2m) vs 12m ago 0.13% < -2% |
| Gross Margin: 64.77% > 18% (prev 95.61%; Δ -30.84% > 0.5%) |
| Asset Turnover: 86.32% > 50% (prev 78.72%; Δ 7.60% > 0%) |
| Interest Coverage Ratio: 148.0 > 6 (EBIT TTM 517.9m / Interest Expense TTM 3.50m) |
| A: 0.32 (Total Current Assets 675.2m - Total Current Liabilities 337.6m) / Total Assets 1.05b |
| B: 0.40 (Retained Earnings 413.6m / Total Assets 1.05b) |
| C: 0.56 (EBIT TTM 517.9m / Avg Total Assets 930.3m) |
| D: 1.29 (Book Value of Equity 588.2m / Total Liabilities 456.1m) |
| Altman-Z'' = 8.50 = AAA |
| DSRI: 1.11 (Receivables 259.6m/186.0m, Revenue 803.0m/641.4m) |
| GMI: 1.48 (GM 95.61% / 64.77%) |
| AQI: 2.99 (AQ_t 0.29 / AQ_t-1 0.10) |
| SGI: 1.25 (Revenue 803.0m / 641.4m) |
| TATA: -0.02 (NI 413.6m - CFO 433.7m) / TA 1.05b) |
| Beneish M = -1.14 (Cap -4..+1) = D |
As of July 03, 2026, the stock is trading at EUR 184.20 with a total of 140,982 shares traded. Over the past week, the price has changed by +0.55%, over one month by -4.31%, over three months by -7.23% and over the past year by +18.00%.
Current recommended Stop Loss: 173.00 (which is 6.1% or 2.5 ATR below the current price).
Gaztransport & Technigaz SAS has no consensus analysts rating.
P/E Trailing = 16.5405
P/E Forward = 18.4502
P/S = 8.483
P/B = 11.7273
Revenue TTM = 803.0m EUR
EBIT TTM = 517.9m EUR
EBITDA TTM = 550.8m EUR
Long Term Debt = 88.4m EUR (from longTermDebt, last quarter)
Short Term Debt = 40.2m EUR (from shortTermDebt, last quarter)
Debt = 142.6m EUR (from shortLongTermDebtTotal, last quarter) + Leases 16.3m
Net Debt = -204.1m EUR (calculated: Debt 142.6m - CCE 346.7m)
Enterprise Value = 6.61b EUR (6.81b + Debt 142.6m - CCE 346.7m)
Interest Coverage Ratio = 148.0 (Ebit TTM 517.9m / Interest Expense TTM 3.50m)
EV/FCF = 16.80x (Enterprise Value 6.61b / FCF TTM 393.4m)
FCF Yield = 5.95% (FCF TTM 393.4m / Enterprise Value 6.61b)
FCF Margin = 48.99% (FCF TTM 393.4m / Revenue TTM 803.0m)
Net Margin = 51.51% (Net Income TTM 413.6m / Revenue TTM 803.0m)
Gross Margin = 64.77% ((Revenue TTM 803.0m - Cost of Revenue TTM 282.9m) / Revenue TTM)
Gross Margin QoQ = 58.99% (prev 70.93%)
Tobins Q-Ratio = 6.32 (Enterprise Value 6.61b / Total Assets 1.05b)
Interest Expense / Debt = 2.45% (Interest Expense 3.50m / Debt 142.6m)
Taxrate = 13.93% (66.9m / 480.4m)
NOPAT = 445.8m (EBIT 517.9m * (1 - 13.93%))
Current Ratio = 2.0 (Total Current Assets 675.2m / Total Current Liabilities 337.6m)
Debt / Equity = 0.24 (Debt 142.6m / totalStockholderEquity, last quarter 588.2m)
Debt / EBITDA = -0.37 (Net Debt -204.1m / EBITDA 550.8m)
Debt / FCF = -0.52 (Net Debt -204.1m / FCF TTM 393.4m)
Total Stockholder Equity = 492.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 44.46% (Net Income 413.6m / Total Assets 1.05b)
RoE = 83.98% (Net Income TTM 413.6m / Total Stockholder Equity 492.5m)
RoCE = 89.15% (EBIT 517.9m / Capital Employed (Equity 492.5m + L.T.Debt 88.4m))
RoIC = 62.94% (NOPAT 445.8m / Invested Capital 708.2m)
WACC = 6.84% (E(6.81b)/V(6.96b) * Re(6.94%) + D(142.6m)/V(6.96b) * Rd(2.45%) * (1-Tc(0.14)))
Discount Rate = 6.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 71.91 | Cagr: 0.14%
[DCF] Terminal Value 77.97% ; FCFF base≈355.9m ; Y1≈408.0m ; Y5≈600.5m
[DCF] Fair Price = 249.0 (EV 9.04b - Net Debt -204.1m = Equity 9.24b / Shares 37.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 33.52 | EPS CAGR: 40.92% | SUE: 0.0 | # QB: 0
Revenue Correlation: 98.58 | Revenue CAGR: 41.49% | SUE: -0.04 | # QB: 0
EPS current Year (2026-12-31): EPS=11.36 | Chg30d=+0.10% | Revisions=+20% | GrowthEPS=+2.1% | GrowthRev=-4.5%
EPS next Year (2027-12-31): EPS=12.05 | Chg30d=+0.47% | Revisions=+33% | GrowthEPS=+6.1% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: +33%