
0.00 EUR (−100.0%)
What does it do?
ODET (Compagnie de l'OdET) is a French oil and gas midstream infrastructure company, operating pipelines and storage terminals, generating stable income through long-term contracts and regulated tariffs.
Listed on Euronext París · Symbol ODET.PA · EPA: ODET · Currency EUR
Key points
from its scores- ✕Little competitive advantage1.0
- ✕Fragile balance sheet2.2
- ✕Poor share-price trend2.9
AI analysis
bottom line, main risk, context and newsThe company has stable infrastructure assets, but its profitability is low and the rising interest rate environment in Europe pressures its valuation. There are no clear catalysts in the short term.
ODET shows weak financial health (2.53) with a low operating margin (4.38%) and minimal ROIC (1.03%), reflecting an infrastructure business with limited profitability. Its valuation is mixed: a high P/E (41.06) contrasts with a very low P/B (0.34), suggesting the market discounts future cash flows but values tangible assets. Revenue growth is moderate (6.30%) and the dividend is low (0.47%). The rising interest rate environment in Europe adds pressure on the valuation of its long-duration assets.
The main risk is the sensitivity of its valuation to rising interest rates in Europe, given its high P/E and long-duration infrastructure business, which could reduce the attractiveness of its future cash flows.
Context and risks
The company operates in the oil and gas midstream sector, a long-duration infrastructure business with regulated or contractual cash flows. In a rising interest rate environment, especially in Europe where the ECB is tightening, the financing cost of these long-duration assets increases, pressuring the valuation of assets with very long-term cash flows. However, the company has moderate leverage (operating margin of 4.38%) and its midstream business is less sensitive to crude oil volatility than upstream, so the impact is limited to a moderate adjustment.
Is ODET stock cheap or expensive?
at the analysis dateOn P/E, it trades 162% above the Energy median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 41.1 | 15.7 | +162% |
| Price / book | 0.3 | 2.2 | −85% |
| Price / sales | 1.4 | 1.9 | −25% |
Sector: median of the 102 Energy companies analysed. In bold, the multiples used for the comparison.
Valuation score: 4.7 out of 10 (median for Energy: 5.9).
Average analyst target: 0.00 EUR, −100.0% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 1.0 (sector 5.8), Growth 6.0 (sector 7.2).
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Energy medianValuation
- P/E
- 41.1
- Price / book
- 0.3
- Price / sales
- 1.4
- Market cap
- 4.3B EUR
Profitability
- ROIC (approx.)
- 1.0%
- Gross margin
- −7.6%
- Operating margin
- 4.4%
- Net margin
- 3.6%
Solvency
- EBITDA
- −197.9M EUR
Growth
- Revenue growth
- +6.3%
- EPS (TTM)
- 24.99 EUR
Dividend
- Dividend yield
- 0.5%
- Payout
- 19.2%
Risk and market
- Beta
- 0.71
- Analyst consensus
- none (0)
- Target price
- 0.00 EUR
- 52-week range
- 926.00 – 1,530.00
Recent news
All ODET.PA news →Compare it with its sector
All 102 in Energy →Frequently asked questions about ODET
Is ODET stock cheap or expensive?
On P/E, it trades 162% above the Energy median. Valuation score: 4.7 out of 10 (median for Energy: 5.9). Average analyst target: 0.00 EUR, −100.0% versus the price. This is not investment advice.
What score does ODET get on MeridIAn Screener?
It scores 3.8 out of 10, rank 2,000 of 2,130 (better than 6% of the companies analysed). Its strongest category is Risk & Context (6.4) and its weakest, Quality / Moat (1.0). Analysis of 08/10/2026.
What is ODET's P/E ratio?
Its P/E is 41.1: the share price equals 41.1 times earnings per share over the last 12 months. The Energy median is 15.7.
How much is ODET worth on the stock market?
Its market capitalisation is 4.3B EUR.
Does ODET pay a dividend?
Yes: its dividend yield is 0.47% and it pays out 19% of its earnings.
How has ODET stock performed over the last year?
It has risen 10.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 926.00 and 1,530.00 EUR. Past performance does not guarantee future results.
