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Getlink SE (GET) Fair Value & Analysis

Industrials · FR · Market cap €10.0B

GS Getlink SE GET · PA
Price€18.55
Fair Value€10.42
Upside-43.8%
Quality64/100
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Mixed Growth
Solidly profitable · 19.4% net margin
High debt · generates free cash flow
4.32% dividend yield
Mixed vs. peers (8/15)
Wide moat 69/100
Evidence: High Range €5.88 – €13.55 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 22 days ago

Share price −0.2% over the past month.

A solid business, but screening 44% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€13.55). The favourable scenario is already priced in.
  • Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€5.88 to €13.55) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€18.98 €10.85 Fair Value €10.42 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €10.85 – €18.98 · fair‑value band €5.88 – €13.55 · the €18.55 price screens above the €10.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Getlink SE (GET) currently trades at €18.55, while our model-based Fair Value estimate is €10.42, implying the stock looks roughly 43.8% overvalued today. We read business quality at 64/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Getlink SE generated revenue of €1.7B at a net margin of 19.4%. Revenue grew 12.4% year over year. It earns a return on equity of 12.2%. Net debt stands at €3.6B. Fundamentals as of Jul 16, 2026

Our scenario range runs from €5.88 (bear case) to €13.55 (bull case); at €18.55, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 7% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at -44%, GET screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF €3.47 €7.71 €13.63 80
Residual Income €4.70 €5.37 €8.35 76
Rev-Margin DCF €0.2300 €3.24 €6.60 74
All 26 models by family
DCF Models
FCF DCF €3.24 €7.90 €14.74 38
Owner Earnings €0.9000 €4.42 €9.58 31
5Y Revenue Exit €0.2300 €3.12 €6.65 39
5Y EBITDA Exit €5.29 €12.31 €20.30 41
5Y P/E Exit €2.12 €6.55 €11.03 38
10Y Revenue Exit €1.10 €3.93 €7.44 36
10Y EBITDA Exit €4.44 €10.22 €17.58 37
10Y P/E Exit €2.44 €6.28 €10.69 35
Earnings-Based
Graham-Dodd €4.01 €10.67 €13.95 54
Lynch FV €2.06 €2.95 €3.83 50
PEG = 1.0 €2.06 €2.95 €3.83 46
EPV €2.78 €4.30 €5.62 59
Dividend Discount
Gordon GGM €5.31 €11.05 €17.53 70
DDM Multi-Stage €5.31 €8.23 €11.35 61
Multiples
P/E Multiple €8.85 €11.80 €14.75 63
P/S Multiple €5.51 €7.35 €9.19 58
P/B Multiple €7.52 €10.03 €12.53 55
EV/EBIT €8.01 €12.78 €17.55 53
EV/EBITDA €8.15 €12.97 €17.78 54
EV/Revenue €1.05 €3.25 43
Asset-Based
NCAV (Graham) €2.55 €3.42 €5.10 50
Growth DCF
Growth DCF €3.47 €7.71 €13.63 80
Rev-Margin DCF €0.2300 €3.24 €6.60 74
Economic Profit
Residual Income €4.70 €5.37 €8.35 76
ROIC Compounder €2.78 €4.30 €6.07 72
Growth Earnings
Growth-Adj P/E €6.98 €9.97 €12.96 68

Widest divergence: Multiples (€10.03) versus Earnings-Based (€2.95). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €1.7B
Revenue growth (YoY) +12.4%
Net margin 19.4%
Return on equity 12.2%
Free cash flow €473M FY2025
P/E ratio 31.4
More key figures
Operating margin 41.2%
EPS (TTM) €0.5900
Dividend yield 4.3%
EPS growth (YoY) +46.1%
Net debt €3.6B FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 56 · Market factors (momentum, volatility) 71

Profitability 36
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 72
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 71
Distance to the 52-week high (market factor)
Net Issuance 72
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Getlink SE, together with its subsidiaries, engages in the design, finance, construction, and operation of fixed link infrastructure and transport system in France and the United Kingdom. It operates through Eurotunnel, Europorte, and ElecLink segments.

Full company description

Getlink SE, together with its subsidiaries, engages in the design, finance, construction, and operation of fixed link infrastructure and transport system in France and the United Kingdom. It operates through Eurotunnel, Europorte, and ElecLink segments. The Eurotunnel segment operates tunnels of a length of approximately 50 kilometres each under the English Channel, as well as terminals at Folkestone in the United Kingdom and the Coquelles in France. It also provides passenger shuttle services for the transport of trucks, cars, motor homes, caravans, coaches, motorcycles, trailers, commercial vans, and other vehicles. In addition, this segment manages passenger trains and rail freight, as well as fixed equipment and related installations. Its Europorte segment offers a range of integrated rail freight services, including national and international haulage, local services for secondary lines, individual junction management, infrastructure maintenance, and wagon loading and unloading services. The ElecLink segment engages in the construction and operation of a 1-gigawatt electricity interconnector between France and the Great Britain. The company also engages in consultancy and custom services; professional training services for the rail sector; and third-party retail, telecommunication cables, and property businesses, as well as the sale of travel insurance products. The company was formerly known as Groupe Eurotunnel S.E. and changed its name to Getlink SE in April 2018. Getlink SE was founded in 1802 and is based in Paris, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Getlink SE reported revenue of €1.6B in FY2025 versus €774M in FY2021, a compound +19.8%/yr. Reported net income was €320M in FY2025.

Growth Quality 94/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
€1.6B
Latest YoY
−1.2%
Avg. growth/yr (3Y)
−0.2%
Avg. growth/yr (5Y)
+14.3%
Avg. growth/yr (20Y)
+5.6%
Revenue +19.8%/yr
FY21 €774M
FY22 €1.6B
FY23 €1.8B
FY24 €1.6B
FY25 €1.6B
Net income
FY21 −€229M
FY22 €252M
FY23 €326M
FY24 €317M
FY25 €320M

GET screens 44% overvalued. Compare with Union Pacific Corporation →

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Cite: Fair Value Calculator (2026). "Getlink SE Fair Value". https://www.fairvalue-calculator.com/stock/GET

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Railroads · 109 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 64 · Top 25%
Fair Value upside −44% · Bottom 25%
Return on equity (TTM) 12% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 19% · Top 25%
Operating margin (TTM) 41% · Top 25%
Revenue growth 12% · Top 25%
Dividend yield (TTM) 4.3% · Top 25%
Debt / equity 1.78× · Higher than 75% of peers

Valuation Multiples vs Railroads median · lower = cheaper

P/E (TTM) 31.4× · Pricier than 75% of peers
P/B 4.18× · Pricier than 75% of peers
P/S (TTM) 7.02× · Pricier than 75% of peers
P/FCF 24.5× · Pricier than 75% of peers
EV/EBITDA 17.9× · Pricier than 75% of peers
PEG 0.55× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 27
FUTURE 62 · sector 20
PAST 49 · sector 31
HEALTH 11 · sector 88
DIVIDEND 86 · sector 41

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP $301.75 $144.60 -52%
CSX Corporation CSX $49.41 $12.85 -74%
Canadian Pacific Kansas City Limited CP $92.91 $35.00 -62%
Canadian National Railway Company CNI $128.22 $92.63 -28%
Norfolk Southern Corporation NSC $327.47 $117.90 -64%
Westinghouse Air Brake Technologies Corporation WAB $259.71 $144.80 -44%
Beijing-Shanghai High-Speed Railway Co 601816 ¥4.82 ¥5.65 +17%
CRRC Corporation 601766 ¥5.65 ¥9.53 +69%
Daqin Railway Co 601006 ¥4.85 ¥6.24 +29%
Hyundai Rotem Company 064350 167,700 KRW 125,182 KRW -25%

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Frequently asked questions

Is Getlink SE (GET) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €10.42 versus a price of €18.55, about −44% (overvalued).
What is the fair value of GET?
Our model-based fair value for Getlink SE is €10.42 (as of Jul 16, 2026), built from audited fundamentals. The current price is €18.55.
What is the quality score of GET?
Getlink SE has a Quality Score of 64/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Getlink SE (GET)?
Getlink SE reported trailing-twelve-month revenue of about €1.7B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of GET?
The net profit margin of Getlink SE is about 19.4%, meaning it keeps roughly 19.4% of revenue as net income. Based on the latest reported figures.
Does Getlink SE pay a dividend?
Getlink SE currently shows a dividend yield of about 4.26% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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