Getlink SE (GET.PA) Stock Analysis & Winston Score
Getlink SE owns and operates the Channel Tunnel, the undersea rail link connecting the United Kingdom and France beneath the English Channel. Its main service is called Eurotunnel Le Shuttle, which carries cars, trucks, and coaches on trains through the tunnel. The company also earns revenue by allowing Eurostar passenger trains to use the tunnel infrastructure. Getlink makes money by charging fees to vehicles using Le Shuttle and by collecting access charges from other train operators like Eurostar. It operates almost entirely between the UK and France, with terminals in Folkestone and Coquelles near Calais. Its core competitive advantage is simple: the Channel Tunnel is a one-of-a-kind piece of infrastructure with no direct rail competitor crossing the same route. The main risk the business faces is that freight and passenger volumes are sensitive to economic slowdowns, trade policy changes, and ongoing uncertainty around UK-EU relations following Brexit.
Winston Score: 66/100 — Good
A decent business — some strong pillars, some weaker.
- Quality: Good (19/30)
- Growth: Strong (15/20)
- Cash Flow: Exceptional (10/10)
- Stability: Mixed (3/10)
- Valuation: Mixed (4/10)
- Ownership: Good (10/15)

