WEBULL

Assessing Gaztransport & Technigaz (ENXTPA:GTT) Valuation After François Michel’s CEO Appointment and Governance Shift

Simply Wall St · 1d ago

Gaztransport & Technigaz (ENXTPA:GTT) has caught investors attention after naming François Michel as its next CEO, effective January 2026. The move restores split governance and sharpens focus on technology driven growth.

See our latest analysis for Gaztransport & Technigaz.

The appointment of François Michel comes after a choppy stretch, with a 1 month share price return of minus 13.0% even as the year to date share price return is still up 15.2% and the 1 year total shareholder return of 23.7% signals longer term momentum remains intact.

If this kind of leadership driven story has you thinking more broadly about opportunities, it might be worth exploring fast growing stocks with high insider ownership for other fast moving names with aligned insiders.

Yet with shares still showing strong multi year returns and trading at a notable discount to analyst targets, investors now face a key question: is Gaztransport & Technigaz a buy, or is future growth already priced in?

Most Popular Narrative: 16.9% Undervalued

With the narrative fair value set near €186 per share against a last close of €154.9, the implied upside rests on durable growth and margins.

Strong long-term growth in global LNG demand, supported by decarbonization policies and a sharp increase in financial investment decisions (FIDs) for new U.S. and international LNG projects, is expected to maintain a robust pipeline of orders and drive revenue growth over the next decade. New international emissions regulations are accelerating fleet renewal and retrofitting cycles, incentivizing shipowners to replace older, higher-emission vessels with LNG and ammonia-ready carriers. This supports multi-year order visibility and underpins recurring licensing revenue.

Read the complete narrative.

Curious how modest revenue expansion, resilient margins and a richer future earnings multiple combine into that upside case? Unpack the numbers behind this valuation story.

Result: Fair Value of €186.33 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, this upside could unravel if LNG demand weakens faster than expected, or if GTT struggles to execute its hydrogen and digital diversification strategy.

Find out about the key risks to this Gaztransport & Technigaz narrative.

Another View: Rich Multiples Temper the Upside

Not all signals point to cheap. On a price to earnings basis, GTT trades around 16.1 times earnings, well above the European oil and gas average of 11.7 times and our fair ratio of 13.1 times, suggesting less margin for error if growth underdelivers.

See what the numbers say about this price — find out in our valuation breakdown.

ENXTPA:GTT PE Ratio as at Dec 2025
ENXTPA:GTT PE Ratio as at Dec 2025

Build Your Own Gaztransport & Technigaz Narrative

If you see the story differently or want to dig into the data yourself, you can build a complete view in minutes: Do it your way.

A great starting point for your Gaztransport & Technigaz research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.

Looking for more investment ideas?

Do not stop with a single stock when a whole universe of opportunities is within reach. Use targeted screeners to help keep your portfolio one step ahead.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.