GTT Stock Analysis: Gaztransport & Technigaz SAS | PA
Oil & Gas Equipment & Services | PA, France | Market Cap: 7.616m EUR | 12M Return: 39.3% | FR0011726835 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.3M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 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: 444.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.44 > 0.02 and ΔFCF/TA 3.32 > 1.0 |
| NWC/Revenue: 42.74% < 20% (prev 50.89%; Δ -8.15% < -1%) |
| CFO/TA 0.47 > 3% & CFO 497.3m > Net Income 444.0m |
| Net Debt (-266.9m) to EBITDA (592.4m): -0.45 < 3 |
| Current Ratio: 1.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (37.2m) vs 12m ago 0.20% < -2% |
| Gross Margin: 63.16% > 18% (prev 82.42%; Δ -19.26% > 0.5%) |
| Asset Turnover: 83.41% > 50% (prev 86.07%; Δ -2.65% > 0%) |
| Interest Coverage Ratio: 66.45 > 6 (EBIT TTM 552.6m / Interest Expense TTM 8.32m) |
| A: 0.32 (Total Current Assets 702.9m - Total Current Liabilities 360.3m) / Total Assets 1.07b |
| B: 0.20 (Retained Earnings 210.5m / Total Assets 1.07b) |
| C: 0.58 (EBIT TTM 552.6m / Avg Total Assets 961.0m) |
| D: 1.36 (Book Value of Equity 613.8m / Total Liabilities 452.4m) |
| Altman-Z'' = 8.04 = AAA |
| DSRI: 0.83 (Receivables 291.2m/322.0m, Revenue 801.6m/735.3m) |
| GMI: 1.30 (GM 82.42% / 63.16%) |
| AQI: 2.87 (AQ_t 0.29 / AQ_t-1 0.10) |
| SGI: 1.09 (Revenue 801.6m / 735.3m) |
| TATA: -0.05 (NI 444.0m - CFO 497.3m) / TA 1.07b) |
| Beneish M = -1.72 (Cap -4..+1) = CCC |
As of August 28, 2026, the stock is trading at EUR 208.00 with a total of 50,012 shares traded. Over the past week, the price has changed by +1.66%, over one month by +8.67%, over three months by +6.70% and over the past year by +39.28%.
Current recommended Stop Loss: 201.20 (which is 3.3% or 1.8 ATR below the current price).
Gaztransport & Technigaz SAS has no consensus analysts rating.
P/E Trailing = 17.2171
P/E Forward = 20.3252
P/S = 9.4999
P/B = 12.3598
Revenue TTM = 801.6m EUR
EBIT TTM = 552.6m EUR
EBITDA TTM = 592.4m EUR
Long Term Debt = 50.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 42.0m EUR (from shortTermDebt, last quarter)
Debt = 115.0m EUR (from shortLongTermDebtTotal, last quarter) + Leases 10.3m
Net Debt = -266.9m EUR (calculated: Debt 115.0m - CCE 381.9m)
Enterprise Value = 7.35b EUR (7.62b + Debt 115.0m - CCE 381.9m)
Interest Coverage Ratio = 66.45 (Ebit TTM 552.6m / Interest Expense TTM 8.32m)
EV/FCF = 15.79x (Enterprise Value 7.35b / FCF TTM 465.4m)
FCF Yield = 6.33% (FCF TTM 465.4m / Enterprise Value 7.35b)
FCF Margin = 58.05% (FCF TTM 465.4m / Revenue TTM 801.6m)
Net Margin = 55.39% (Net Income TTM 444.0m / Revenue TTM 801.6m)
Gross Margin = 63.16% ((Revenue TTM 801.6m - Cost of Revenue TTM 295.3m) / Revenue TTM)
Gross Margin QoQ = 67.62% (prev 58.99%)
Tobins Q-Ratio = 6.88 (Enterprise Value 7.35b / Total Assets 1.07b)
Interest Expense / Debt = 7.23% (Interest Expense 8.32m / Debt 115.0m)
Taxrate = 13.93% (71.8m / 515.8m)
NOPAT = 475.7m (EBIT 552.6m * (1 - 13.93%))
Current Ratio = 1.95 (Total Current Assets 702.9m / Total Current Liabilities 360.3m)
Debt / Equity = 0.19 (Debt 115.0m / totalStockholderEquity, last quarter 613.8m)
Debt / EBITDA = -0.45 (Net Debt -266.9m / EBITDA 592.4m)
Debt / FCF = -0.57 (Net Debt -266.9m / FCF TTM 465.4m)
Total Stockholder Equity = 540.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 46.21% (Net Income 444.0m / Total Assets 1.07b)
RoE = 82.09% (Net Income TTM 444.0m / Total Stockholder Equity 540.9m)
RoCE = 93.52% (EBIT 552.6m / Capital Employed (Equity 540.9m + L.T.Debt 50.0m))
RoIC = 67.06% (NOPAT 475.7m / Invested Capital 709.3m)
WACC = 6.22% (E(7.62b)/V(7.73b) * Re(6.22%) + D(115.0m)/V(7.73b) * Rd(7.23%) * (1-Tc(0.14)))
Discount Rate = 6.22% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.57 | Cagr: 0.13%
[DCF] Terminal Value 77.97% ; FCFF base≈416.8m ; Y1≈477.8m ; Y5≈703.2m
[DCF] Fair Price = 292.6 (EV 10.6b - Net Debt -266.9m = Equity 10.8b / 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: 95.40 | Revenue CAGR: 28.90% | SUE: 1.57 | # QB: 1
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2025-12-31): EPS=11.55 | Chg30d=+1.15% | Revisions=-17% | GrowthEPS=+23.3% | GrowthRev=+26.1%
EPS next Year (2026-12-31): EPS=11.30 | Chg30d=-0.26% | Revisions=+22% | GrowthEPS=+1.7% | GrowthRev=-4.4%
[Analyst] Revisions Ratio: +8% (up=5, down=4)