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 2,602 - -
Change - -26.22% 17.2% -40.81% -8.16% 2.97% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 2,229 2,066 1,865
Change - -26.56% 21.66% -40.48% -13.99% -5.49% -7.32% -9.74%
P/E 26.3x 8.84x 20x 14.9x 23.8x 12x 10.4x 9.82x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 1.1x 1.01x 0.93x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.7x 1.52x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.62x 0.59x 0.56x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.53x 0.47x 0.4x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 4.73x 4.09x 3.42x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 5.85x 4.96x 4.13x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 9.42x 8.78x 6.97x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 10.6% 11.4% 14.4%
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% 2.27% 2.4% 2.39%
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 1 319.9 389.9 350.5 356.3 313.3 381.1 416.8 451.5
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 75.00 75.00 75.00
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.96x0.53x4.73x2.27% 3.03B
23.28x3.79x13.24x2.85% 223B
-114.07x18.13x104.43x-.--% 113B
13.58x1.5x7.88x3.53% 112B
14.83x2.71x10.22x5.54% 86.65B
20.04x5.27x12.95x2.84% 60.85B
14.67x2.13x9.05x5.31% 47.44B
20.31x1.66x10.27x1.44% 39.48B
20.63x1.57x9.95x0.92% 39.01B
18.05x2.34x10.89x4.79% 37.5B
Average 4.33x 3.96x 19.36x 2.95% 76.21B
Weighted average by Cap. -0.79x 5.16x 24.83x 2.91%

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