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olivLaw · European equity research

Getlink S.e. GET.PA

France · Euronext Paris · ISIN FR0010533075 · Vertical: Listed companies from France

20.40EUR+0.79% · 1 dayClose 05 Nov 2026

At the close of 05 Nov 2026, Getlink S.e. (GET.PA) stock was 20.40 EUR (+0.79% on the day), with market capitalisation 11.0 bn EUR, P/E 35.2 on diluted EPS of 0.58 EUR over the last 12 months, dividend yield 2.70%, beta 0.33, 52-week range 15.13–20.40 EUR.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
11.0 bn EUR
shares as of 31 Dec 2024
P/E (TTM)
35.2
Diluted EPS TTM 0.58 · TTM to 31 Dec 2024
E/P (TTM)
2.84%
TTM to 31 Dec 2024
Dividend yield
2.70%
DPS 12m 0.55
Beta (2y)
0.33
Volatility (1y) 16%
52-week range
15.1320.40

Price history

Loading chart…

Technical reading

RSI (14)
77.6
overbought (≥ 70)
Bollinger (20, 2)
18.63 – 20.41
in the upper half of the band · %B 0.99 · band width 9.1%
SMA 50 / 200
18.94 / 18.53
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.38 / 0.30
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+9.3%−0.6%+10.0 pp—
3 months+10.0%−4.2%+14.1 pp—
6 months+9.9%+4.3%+5.6 pp—
Year to date+29.7%+7.5%+22.2 pp—
1 year+28.5%+9.9%+18.5 pp−6.8%
3 years+32.0%+49.8%−17.9 pp−15.9%
5 years+46.8%+42.8%+3.9 pp—
Max drawdown (1y)
−8.3%
09 Apr 2026 → 02 Jun 2026
Max drawdown (5y)
−28.2%
16 Aug 2022 → 05 Oct 2023
Compound annual growth (5y)
+8.0%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 100 percentile of its own 3-quarter history (min 26.6, median 27.6, max 31.9; quarters with earnings only).

Fiscal years

Fiscal year202220232024
Revenue1.6 bn1.8 bn1.6 bn
Revenue YoYunavailable+13.9%−11.8%
Net income252.0 m326.0 m317.0 m
Net income YoYunavailable+29.4%−2.8%
Diluted EPS0.470.600.58
Diluted EPS YoYunavailable+27.7%−3.3%
net %15.7%17.8%19.6%
Free cash flowunavailableunavailableunavailable

Balance sheet & financial health

Fiscal year 2024 · 31 Dec 2024

Cash
1.5 bn EUR
Financial debt
4.5 bn EUR
Net debt
2.9 bn EUR
Equity
2.5 bn EUR
Total assets
9.2 bn EUR
Debt / equity
1.80x
Current ratio
1.36x
ROE
12.8%
ROA
3.5%
FCF margin
unavailable

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2022
1.6 bn
2023
1.8 bn
2024
1.6 bn

esef· 15 Apr 2025verified

Operating income
2022
672.0 m
2023
725.0 m
2024
598.0 m

esef· 15 Apr 2025verified

Depreciation & amortisation
2022
227.0 m
2023
244.0 m
2024
229.0 m

esef· 15 Apr 2025verified

EBITDA
2022
899.0 m ≈
2023
969.0 m ≈
2024
827.0 m ≈

esef· 15 Apr 2025derived

Pre-tax income
2022
267.0 m
2023
414.0 m
2024
304.0 m

esef· 15 Apr 2025verified

Income tax
2022
15.0 m
2023
88.0 m
2024
-13.0 m

esef· 15 Apr 2025verified

Net income
2022
252.0 m
2023
326.0 m
2024
317.0 m

esef· 15 Apr 2025verified

Diluted EPS
2022
0.47
2023
0.60
2024
0.58

esef· 15 Apr 2025verified

Dividend per share
2022
0.10
2023
0.50
2024
0.55

esef· 15 Apr 2025verified

Balance sheet · EUR

Cash
2022
1.2 bn
2023
1.3 bn
2024
1.5 bn

esef· 15 Apr 2025verified

Inventories
2022
3.0 m
2023
3.0 m
2024
4.0 m

esef· 15 Apr 2025verified

Current assets
2022
1.4 bn
2023
1.8 bn
2024
2.0 bn

esef· 15 Apr 2025verified

Property, plant & equipment, net
2022
6.5 bn
2023
6.4 bn
2024
6.4 bn

esef· 15 Apr 2025verified

Goodwill
2022
20.0 m
2023
20.0 m
2024
60.0 m

esef· 15 Apr 2025verified

Total assets
2022
8.7 bn
2023
9.0 bn
2024
9.2 bn

esef· 15 Apr 2025verified

Accounts payable
2022
247.0 m
2023
290.0 m
2024
314.0 m

esef· 15 Apr 2025verified

Long-term debt
2022
5.2 bn
2023
5.2 bn
2024
4.5 bn

esef· 15 Apr 2025verified

Current liabilities
2022
566.0 m
2023
565.0 m
2024
1.4 bn

esef· 15 Apr 2025verified

Equity
2022
2.4 bn
2023
2.5 bn
2024
2.5 bn

esef· 15 Apr 2025verified

Shares outstanding at year end
2022
536.2 m
2023
543.3 m
2024
537.3 m

esef· 15 Apr 2025derived

Cash flow · EUR

Operating cash flow
2022
1.1 bn
2023
1.0 bn
2024
865.0 m

esef· 15 Apr 2025verified

Investing cash flow
2022
-188.0 m
2023
-147.0 m
2024
-77.0 m

esef· 15 Apr 2025verified

Financing cash flow
2022
-446.0 m
2023
-533.0 m
2024
-538.0 m

esef· 15 Apr 2025verified

Dividends paid
2022
54.0 m
2023
271.0 m
2024
298.0 m

esef· 15 Apr 2025verified

Computed indicators

Growth

Revenue growth (YoY)
-11.8%
computed by olivLawFY 2024
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
-17.5%
computed by olivLawFY 2024
Net income growth (YoY)
-2.8%
computed by olivLawFY 2024
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
-3.3%
computed by olivLawFY 2024
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
unavailable
input data missing

Profitability

Gross margin
unavailable
input data missing
EBITDA margin
51.2%
computed by olivLawFY 2024
EBIT margin
37.1%
computed by olivLawFY 2024
Net margin
19.6%
computed by olivLawFY 2024
FCF margin
unavailable
input data missing

Returns

ROE
12.8%
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
ROA
3.5%
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
ROIC
8.5%
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
ROCE
7.7%
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
Payout ratio (EPS)
94.8%
computed by olivLawFY 2024
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
2.9 bn EUR
computed by olivLawbalance sheet at 31 Dec 2024
Net debt / EBITDA
3.6x
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
Debt / equity
1.8x
computed by olivLawbalance sheet at 31 Dec 2024
Interest coverage
unavailable
input data missing

Liquidity

Current ratio
1.4x
computed by olivLawbalance sheet at 31 Dec 2024
Quick ratio
1.4x
computed by olivLawbalance sheet at 31 Dec 2024
Cash ratio
1.1x
computed by olivLawbalance sheet at 31 Dec 2024

Cash

Operating cash flow
865.0 m EUR
computed by olivLawFY 2024
Capital expenditure
unavailable
input data missing
Free cash flow
unavailable
input data missing
FCF conversion
unavailable
input data missing
Cash conversion
104.6%
computed by olivLawFY 2024

Efficiency

Days sales outstanding
unavailable
input data missing
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
11.0 bn EUR
computed by olivLawbalance sheet at 31 Dec 2024
Enterprise value
13.9 bn EUR
computed by olivLawbalance sheet at 31 Dec 2024
Market cap / net income TTM
34.6x
computed by olivLawFY 2024
P/E (TTM)
35.2x
computed by olivLawFY 2024
Earnings yield
2.8%
computed by olivLawFY 2024
P/B
4.4x
computed by olivLawbalance sheet at 31 Dec 2024
P/S
6.8x
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
EV/EBITDA
16.8x
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
EV/EBIT
23.2x
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
EV/Sales
8.6x
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
2.7%
computed by olivLawFY 2024
Shareholder yield (distributions)
2.7%
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 58.3% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

20.40 EUR

05 Nov 2026Source: olivLaw, closing series

Market cap: 11.0 bn EUR

Key indicators

Market capitalisation
11.0 bn EUR
computed by olivLawbalance sheet at 31 Dec 2024
P/E (TTM)
35.2x
computed by olivLawFY 2024
P/B
4.4x
computed by olivLawbalance sheet at 31 Dec 2024
EV/EBITDA
16.8x
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
ROE
12.8%
computed by olivLawFY 2024 · balance sheet at 31 Dec 2024
Net margin
19.6%
computed by olivLawFY 2024
Revenue growth (YoY)
-11.8%
computed by olivLawFY 2024
Dividend yield
2.7%
computed by olivLawFY 2024

Coverage and freshness

24/37 reporting lines present
Latest full fiscal year: 2024
Latest reported period: 31 Dec 2024
Latest balance sheet date: 31 Dec 2024
Share count (cover of the latest filing), as of: 31 Dec 2024
Source: esefpublished 15 Apr 2025
verified 72derived 4

The data is older than the freshness threshold.

Score by group

58% · Insufficient data

Estimated value range

Low
6.43
EUR per share
Mid
8.63
EUR per share
High
11.44
EUR per share
Price: 20.40 EUR
The price is above the range
Potential to the central value: -57.7% (value / price − 1)
Margin of safety: -136.4% (1 − price / value)
Agreement between methods: high · 3 methods used · 2 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 4.07 – 17.28 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · input data missing
  • Peers: EV/EBITDA4.07 – 11.44 (Mid 6.63)
    4 companies used · median multiple 7.9x · quartiles 6.2x – 11.0x
    ABEO.PA, AI.PA, ANTIN.PA, ATE.PA
  • Peers: P/E6.43 – 17.28 (Mid 9.94)
    20 companies used · median multiple 17.1x · quartiles 11.1x – 29.8x
    74SW.PA, ABEO.PA, AC.PA, ADP.PA, AF.PA, AI.PA, ALBON.PA, ALCIS.PA, ALCLA.PA, ALFER.PA, ALHEX.PA, ALO.PA, ALPWG.PA, ALSOG.PA, ANTIN.PA, ARAMI.PA, ATE.PA, AUB.PA, AURE.PA, BB.PA
  • Dividend discount (DDM)7.48 – 10.20 (Mid 8.63)

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: score weight coverage: 58.3% of at least 60%

FactorValueScoreWeight used
ROIC · Quality8.5%52 (vs peers)18%
Net margin · Quality19.6%95 (vs peers)11%
FCF conversion · Qualityunavailableunavailable—
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheet3.6x29 (vs peers)18%
Interest coverage · Balance sheetunavailableunavailable—
Current ratio · Balance sheet1.4x47 (on a fixed band)7%
P/E (TTM) · Valuation35.2x17 (vs peers)18%
EV/EBITDA · Valuation16.8x0 (vs peers)18%
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returns2.7%39 (on a fixed band)11%
Payout ratio (FCF) · Returnsunavailableunavailable—

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet34/100 · 2/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality68/100 · 2/3 factors with a value
  • Returns· partial39/100 · 1/2 factors with a value
  • Valuation9/100 · 2/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

GETLINK S.E. (GET.PA). Latest full fiscal year: 2024; data up to 2024-12-31.

Figures computed from the financial statements: revenue 1.6 bn EUR in 2024; YoY growth -11.8%; net margin 19.6%; ROE 12.8%; net debt/EBITDA 3.6x.

The estimated value range is 6.43–11.44 EUR per share (median of 3 methods, agreement: high); assumptions are illustrative. Against the central value of 8.63 EUR, the price of 20.40 EUR leaves a potential of -57.7% (value / price − 1) and a margin of safety of -136.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (score weight coverage: 58.3% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Net margin: 19.6%

What contradicts it

  • Net debt / EBITDA: 3.6x
  • P/E (TTM): 35.2x
  • EV/EBITDA: 16.8x
  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Interest coverage, FCF yield, Payout ratio (FCF).

Versus the vertical median

Listed companies from France · same country · compared with 39 companies

Multiples and returns vs the median

P/E
35.2x
vertical median 18.3x
above median (+92.5%)
EV/EBITDA
16.8x
vertical median 6.3x
above median (+168.8%)
P/S
6.8x
vertical median 0.5x
above median (+1,226.7%)
P/B
4.4x
vertical median 1.1x
above median (+317.4%)
ROE
12.8%
vertical median 4.2%
above median (+207.8%)
Net margin
19.6%
vertical median 1.1%
above median (+1,642.7%)
EBIT margin
37.1%
vertical median 3.2%
above median (+1,066.6%)
Revenue YoY
-11.8%
vertical median 0.6%
below median (−2,096.9%)
Net debt/EBITDA
3.6x
vertical median -1.2x
above median
Dividend yield
2.7%
vertical median 1.7%
above median (+58.4%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
AI.PAL'air Liquide Societe Anonyme Pour L'etude Et L'exploitation Des Procedes Georges Claude109.3 bn33.212.9%12.2%−2.0%+26% / +32%
AC.PAAccor13.8 bn30.79.6%8.0%+0.6%+6% / +56%
ADP.PAAeroports De Paris11.7 bn34.17.8%5.6%+12.1%−7% / +4%
GET.PAGetlink S.e.11.0 bn35.212.8%19.6%−11.8%+31% / +22%
AKE.PAArkema7.1 bn115.40.9%0.7%−5.0%+12% / −37%
ALO.PAAlstom5.8 bn18.33.1%1.7%+3.7%−51% / −4%
AF.PAAir France - Klm4.3 bn13.6—1.0%+4.8%+20% / +9%
ATE.PAAlten3.1 bn29.54.8%2.6%−1.1%+33% / −29%
BB.PASociete Bic2.7 bn31.35.0%4.1%−4.8%+32% / +5%
ANTIN.PAAntin Infrastructure Partners1.4 bn13.021.9%36.6%−8.1%−24% / −35%
74SW.PA74software792.7 m20.98.9%8.5%+44.8%−13% / +41%
AUB.PAAubay667.4 m17.813.6%6.3%+11.3%+3% / +45%
ASY.PAAssystem507.1 m69.92.5%1.1%+7.4%−19% / −18%
ATO.PAAtos Se483.0 m—-23,400.0%-17.5%−16.5%−45% / −94%
ARAMI.PAAramis Group298.8 m15.010.0%0.8%+6.3%−33% / −16%
ARVEN.PAArverne Group246.1 m—-14.0%-115.3%+27.0%+20% / −35%
BGO.PACompagnie Chargeurs Invest189.4 m—-8.6%-5.7%−2.9%unavailable / unavailable
ALCIS.PACatering International & Services145.0 m28.49.3%1.9%+5.8%+39% / +107%
ALCGM.PACegedim144.6 m—-2.6%-1.2%+10.9%−26% / −49%
ATEME.PAAteme144.0 m151.32.8%1.0%+2.2%+82% / +77%
ALHEX.PAHexaom144.0 m6.79.9%2.2%+13.1%−32% / +7%
ALBON.PACompagnie Lebon111.7 m16.54.2%8.8%−17.9%+6% / +8%
ALHYF.PALhyfe75.8 m—-33.4%-570.5%+287.2%unavailable / unavailable
ALFER.PASergeferrari Group61.5 m11.55.1%1.5%+7.4%−33% / −27%
ABEO.PAAbeo60.8 m7.36.9%3.0%+12.6%−13% / −54%

1- and 3-year price returns: for GET.PA from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

Bear
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Base
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Bull
Allowed range: -50 … 50%
Allowed range: -100 … 100%
Allowed range: 0 … 100
Allowed range: -10 … 20%
Allowed range: 0 … 100%
Nothing is saved.

Estimated price (EUR)

Estimated priceBearBaseBull
1 years
11.09
Total return -44% · Per year -44%
19.71
Total return -1% · Per year -1%
29.83
Total return 49% · Per year 49%
3 years
8.81
Total return -52% · Per year -21%
17.79
Total return -5% · Per year -2%
29.83
Total return 56% · Per year 16%
5 years
7.00
Total return -58% · Per year -16%
16.06
Total return -9% · Per year -2%
29.83
Total return 62% · Per year 10%
What moves the 3-year price the most
  • Exit P/E± 4.45
  • Net margin± 3.11
  • Annual revenue growth± 2.81
  • Annual dilution± 0.26

AI analysis

The qualitative analysis has not been written for this company yet.

Products, market & competition

The qualitative analysis has not been written for this company yet.

News & filings

In the press

No news in our archive over the last 180 days.

Annual reports (ESEF)

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.

Getlink S.e. (GET.PA): stock, results, valuation and forecast · olivLaw