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Getlink SE (XPAR:GET) Piotroski F-Score : 7 (As of Apr. 25, 2024)


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What is Getlink SE Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Getlink SE has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Getlink SE's Piotroski F-Score or its related term are showing as below:

XPAR:GET' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Getlink SE was 8. The lowest was 3. And the median was 7.


Getlink SE Piotroski F-Score Historical Data

The historical data trend for Getlink SE's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Getlink SE Piotroski F-Score Chart

Getlink SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 3.00 8.00 7.00

Getlink SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.00 - 8.00 - 7.00

Competitive Comparison of Getlink SE's Piotroski F-Score

For the Railroads subindustry, Getlink SE's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Getlink SE's Piotroski F-Score Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Getlink SE's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Getlink SE's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was €326 Mil.
Cash Flow from Operations was €1,036 Mil.
Revenue was €1,829 Mil.
Gross Profit was €735 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was (8717 + 9027) / 2 = €8872 Mil.
Total Assets at the begining of this year (Dec22) was €8,717 Mil.
Long-Term Debt & Capital Lease Obligation was €5,295 Mil.
Total Current Assets was €1,799 Mil.
Total Current Liabilities was €565 Mil.
Net Income was €252 Mil.

Revenue was €1,606 Mil.
Gross Profit was €659 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was (8151.243 + 8717) / 2 = €8434.1215 Mil.
Total Assets at the begining of last year (Dec21) was €8,151 Mil.
Long-Term Debt & Capital Lease Obligation was €5,211 Mil.
Total Current Assets was €1,385 Mil.
Total Current Liabilities was €566 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Getlink SE's current Net Income (TTM) was 326. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Getlink SE's current Cash Flow from Operations (TTM) was 1,036. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=326/8717
=0.03739819

ROA (Last Year)=Net Income/Total Assets (Dec21)
=252/8151.243
=0.03091553

Getlink SE's return on assets of this year was 0.03739819. Getlink SE's return on assets of last year was 0.03091553. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Getlink SE's current Net Income (TTM) was 326. Getlink SE's current Cash Flow from Operations (TTM) was 1,036. ==> 1,036 > 326 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=5295/8872
=0.59682146

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=5211/8434.1215
=0.6178474

Getlink SE's gearing of this year was 0.59682146. Getlink SE's gearing of last year was 0.6178474. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec23)=Total Current Assets/Total Current Liabilities
=1799/565
=3.1840708

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=1385/566
=2.44699647

Getlink SE's current ratio of this year was 3.1840708. Getlink SE's current ratio of last year was 2.44699647. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Getlink SE's number of shares in issue this year was 541.931. Getlink SE's number of shares in issue last year was 540.909. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=735/1829
=0.40185894

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=659/1606
=0.41033624

Getlink SE's gross margin of this year was 0.40185894. Getlink SE's gross margin of last year was 0.41033624. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=1829/8717
=0.20981989

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=1606/8151.243
=0.19702517

Getlink SE's asset turnover of this year was 0.20981989. Getlink SE's asset turnover of last year was 0.19702517. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+1+1+0+0+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Getlink SE has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Getlink SE  (XPAR:GET) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Getlink SE Piotroski F-Score Related Terms

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Getlink SE (XPAR:GET) Business Description

Traded in Other Exchanges
Address
37-39, Rue de la Bienfaisance, Paris, FRA, 75008
Getlink SE is a French industrial company focused on road and passenger transportation. The company is organized into four segments: the Eurotunnel segment, the Europorte segment, the ElecLink segment, and the Getlink segment. The Eurotunnel segment contributes the majority of revenue. It includes the shuttle service for vehicles and passengers and payments made for the use of the railway network by high-speed passenger trains (Eurostar) and by train operators' rail freight services. The Europorte rail freight segment includes rail freight subsidiaries across France and the United Kingdom. The ElecLink segment operates an electricity interconnector between France and Great Britain. The Getlink segment includes revenue from the company's rail freight training subsidiary.

Getlink SE (XPAR:GET) Headlines