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 7,106 - -
Change - 20.14% -43.09% 73.21% 19.17% -36.6% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,388 7,912 7,632
Change - 16.45% -27.86% 17.85% 25.58% -32.72% -5.67% -3.54%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 12.3x 9.6x 8.23x
PBR 0.89x 1.05x 0.63x 0.9x - 0.63x 0.59x 0.56x
PEG - 0.9x -0x -0x 0.4x 0x 0.3x 0.5x
Capitalization / Revenue 0.51x 0.58x 0.31x 0.51x 0.58x 0.35x 0.33x 0.32x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.41x 0.37x 0.34x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.8x 3.95x 3.52x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.79x 5.31x 4.63x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 30.1x 18.7x -173x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 3.33% 5.34% -0.58%
Dividend per Share 2 0.25 0.25 - - - 0.2165 0.3707 0.5142
Rate of return 1.18% 1% - - - 1.41% 2.41% 3.34%
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 15.38 15.38 15.38
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, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.21x1.93x16.12x2.63% 63.51B
13.14x1.1x11.46x4.35% 35.88B
15.38x1.52x8.64x3.04% 35.24B
31.43x4.58x18.18x1.59% 30.33B
13.61x1.54x10.62x1.92% 19.35B
22.7x2.13x11.67x2.12% 18.31B
13.01x - - 0.75% 15.44B
28.18x0.88x16.86x2.38% 13.68B
20.43x2.29x12.26x2.97% 13.66B
Average 19.90x 2.00x 13.23x 2.41% 27.27B
Weighted average by Cap. 19.80x 2.03x 13.52x 2.6%

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