Company Valuation: Alstom

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 7,942 9,542 5,430 9,406 11,209 7,321 - -
Change - 20.14% -43.09% 73.21% 19.17% -34.69% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,524 8,366 7,985
Change - 16.45% -27.86% 17.85% 25.58% -31.62% -1.86% -4.56%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 13.5x 10.1x 8.44x
PBR 0.89x 1.05x 0.63x 0.9x - 0.64x 0.61x 0.57x
PEG - 0.9x -0x -0x 0.4x 0.1x 0.3x 0.4x
Capitalization / Revenue 0.51x 0.58x 0.31x 0.51x 0.58x 0.36x 0.34x 0.33x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.42x 0.39x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.88x 4.27x 3.7x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.37x 5.59x 4.91x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 67.1x 34.6x 23x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.49% 2.89% 4.36%
Dividend per Share 2 0.25 0.25 - - - 0.2257 0.3643 0.4945
Rate of return 1.18% 1% - - - 1.43% 2.3% 3.12%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.17 1.571 1.876
Distribution rate -16% -71.4% - - - 19.3% 23.2% 26.4%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,169 21,301 22,419
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,747 1,961 2,159
EBIT 1 767 852 997 1,177 1,168 1,339 1,497 1,626
Net income 1 -581 -132 -309 149 324 549.3 726.8 877.3
Net Debt 1 2,085 2,135 2,994 522 1,258 1,203 1,045 663.8
Reference price 2 21.27 25.08 14.13 20.38 24.26 15.82 15.82 15.82
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,616 - -
Announcement Date 11/05/22 10/05/23 08/05/24 14/05/25 13/05/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
21.62x2.05x16.79x2.53% 67.87B
12.22x1.13x11.34x4.27% 40.32B
16.28x1.62x9.22x2.78% 39.58B
31.54x4.58x18.33x1.58% 31.29B
22.2x2.08x11.29x2.14% 18.64B
11.28x1.48x9.55x2.03% 18.79B
13.54x - - 0.72% 16.47B
23.46x2.61x14.07x2.56% 16.02B
25.49x0.86x14.87x1.55% 13.55B
Average 19.74x 2.05x 13.18x 2.24% 29.17B
Weighted average by Cap. 19.66x 2.08x 13.62x 2.49%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield