Company Valuation: ALTEN

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,375 3,966 4,648 2,751 2,527 2,631 - -
Change - -26.22% 17.2% -40.81% -8.16% 4.14% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 2,258 2,095 1,894
Change - -26.56% 21.66% -40.48% -13.99% -4.24% -7.22% -9.61%
P/E 26.3x 8.84x 20x 14.9x 23.8x 12.1x 10.6x 9.93x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 1.12x 1.02x 0.94x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.7x 1.54x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.62x 0.6x 0.57x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.54x 0.48x 0.41x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 4.79x 4.15x 3.48x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 6.11x 5.2x 4.37x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 9.54x 8.91x 7.08x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 10.5% 11.2% 14.1%
Dividend per Share 2 1 1.5 1.5 1.5 1.5 1.703 1.798 1.795
Rate of return 0.63% 1.28% 1.11% 1.9% 2.07% 2.24% 2.37% 2.37%
EPS 2 6.03 13.21 6.74 5.32 3.04 6.269 7.177 7.641
Distribution rate 16.6% 11.4% 22.3% 28.2% 49.3% 27.2% 25.1% 23.5%
Net sales 1 2,925 3,783 4,069 4,143 4,099 4,220 4,400 4,619
EBITDA 1 392.3 470.7 454.5 448.3 438 471.6 504.5 544.7
EBIT 1 319.9 389.9 350.5 356.3 313.3 369.8 402.6 433.4
Net income 1 207.8 457.6 233.2 186.4 106.9 236.4 248.5 260.7
Net Debt 1 -219.8 -179.7 -41.54 -8.97 -168.1 -372.8 -535.9 -737.2
Reference price 2 158.50 116.80 134.60 79.05 72.45 75.85 75.85 75.85
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 34,690 - -
Announcement Date 22/02/22 24/02/23 22/02/24 20/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.1x0.54x4.79x2.24% 3.03B
22x3.58x12.52x3.05% 209B
12.09x1.33x7x3.97% 99.92B
-104.41x16.55x95.82x-.--% 103B
15.77x2.89x10.9x5.21% 92.16B
21.01x5.48x13.46x2.73% 62.81B
15.13x2.21x9.37x5.16% 49B
22.02x1.8x11.45x1.33% 42.45B
18.43x2.37x11.35x4.69% 38.34B
22.32x1.66x10.47x0.85% 41.61B
Average 5.64x 3.84x 18.71x 2.92% 74.16B
Weighted average by Cap. 1.53x 4.78x 22.78x 2.99%

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