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 7,397 - -
Change - 20.14% -43.09% 73.21% 19.17% -34.01% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,682 8,278 7,918
Change - 16.45% -27.86% 17.85% 25.58% -30.36% -4.65% -4.36%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 12.7x 9.93x 8.61x
PBR 0.89x 1.05x 0.63x 0.9x - 0.65x 0.61x 0.58x
PEG - 0.9x -0x -0x 0.4x 0x 0.4x 0.6x
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 0.35x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.97x 4.13x 3.65x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.73x 5.58x 4.81x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 31.1x 25x -180x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 3.21% 4% -0.56%
Dividend per Share 2 0.25 0.25 - - - 0.2328 0.363 0.5099
Rate of return 1.18% 1% - - - 1.45% 2.27% 3.18%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.257 1.612 1.86
Distribution rate -16% -71.4% - - - 18.5% 22.5% 27.4%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,229 21,267 22,378
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,746 2,005 2,171
EBIT 1 767 852 997 1,177 1,168 1,289 1,483 1,645
Net income 1 -581 -132 -309 149 324 523.5 748 860.9
Net Debt 1 2,085 2,135 2,994 522 1,258 1,285 881.3 520.7
Reference price 2 21.27 25.08 14.13 20.38 24.26 16.01 16.01 16.01
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,030 - -
Announcement Date 11/5/22 10/5/23 8/5/24 14/5/25 13/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.74x0.43x4.97x1.45% 8.46B
21.02x1.91x15.96x2.65% 62.89B
14.29x1.14x11.92x4.07% 38.43B
16.1x1.58x9x2.9% 36.98B
32.69x4.76x18.89x1.52% 31.86B
24.82x2.29x12.52x1.94% 20.06B
13.7x1.54x10.62x1.93% 19.36B
13.45x - - 0.72% 16.02B
22.27x2.49x13.36x2.7% 15B
27.38x0.86x16.45x2.44% 13.29B
Average 19.85x 1.89x 12.63x 2.23% 26.24B
Weighted average by Cap. 20.17x 2.04x 13.45x 2.48%

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