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 7,480 - -
Change - 20.14% -43.09% 73.21% 19.17% -33.26% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,762 8,287 8,007
Change - 16.45% -27.86% 17.85% 25.58% -29.72% -5.43% -3.38%
P/E Ratio -13.6x -71.7x -17.4x 65.7x 40.4x 13x 10.1x 8.67x
PBR 0.89x 1.05x 0.63x 0.9x - 0.66x 0.62x 0.59x
PEG - 0.9x -0x -0x 0.4x 0x 0.4x 0.5x
Capitalization / Revenue 0.51x 0.58x 0.31x 0.51x 0.58x 0.37x 0.35x 0.33x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.43x 0.39x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 5.02x 4.14x 3.7x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 7.1x 5.56x 4.86x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 31.4x 19.6x -182x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 3.18% 5.1% -0.55%
Dividend per Share 2 0.25 0.25 - - - 0.2165 0.3707 0.5142
Rate of return 1.18% 1% - - - 1.34% 2.29% 3.18%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.246 1.602 1.868
Distribution rate -16% -71.4% - - - 17.4% 23.1% 27.5%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,219 21,243 22,346
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,747 2,002 2,165
EBIT 1 767 852 997 1,177 1,168 1,235 1,491 1,647
Net income 1 -581 -132 -309 149 324 534.3 758.5 878
Net Debt 1 2,085 2,135 2,994 522 1,258 1,282 806.4 526.3
Reference price 2 21.27 25.08 14.13 20.38 24.26 16.19 16.19 16.19
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,030 - -
Announcement Date 11/05/22 10/05/23 08/05/24 14/05/25 13/05/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13x0.43x5.02x1.34% 8.66B
20.83x1.89x15.79x2.68% 62.38B
13.33x1.11x11.55x4.28% 36.98B
16.31x1.66x9.26x2.95% 36.66B
32.77x4.76x18.94x1.52% 32.69B
13.52x1.53x10.79x1.95% 19.22B
23.47x2.16x11.86x2.12% 19B
13x - - 0.75% 15.67B
20.81x2.34x12.54x2.89% 14.19B
27.08x0.85x16.29x2.47% 13.14B
Average 19.41x 1.86x 12.45x 2.3% 25.86B
Weighted average by Cap. 19.86x 2.03x 13.33x 2.54%

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

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