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 7,217 - -
Change - 20.14% -43.09% 73.21% 19.17% -35.61% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,489 8,077 7,798
Change - 16.45% -27.86% 17.85% 25.58% -31.91% -4.86% -3.44%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 14.1x 10.1x 8.42x
PBR 0.89x 1.05x 0.63x 0.9x - 0.64x 0.6x 0.57x
PEG - 0.9x -0x -0x 0.4x 0.2x 0.3x 0.4x
Capitalization / Revenue 0.51x 0.58x 0.31x 0.51x 0.58x 0.36x 0.34x 0.32x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.42x 0.38x 0.35x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.83x 3.99x 3.59x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.55x 5.39x 4.71x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 30.4x 323x -177x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 3.29% 0.31% -0.56%
Dividend per Share 2 0.25 0.25 - - - 0.2329 0.3639 0.4938
Rate of return 1.18% 1% - - - 1.49% 2.33% 3.16%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.111 1.541 1.856
Distribution rate -16% -71.4% - - - 21% 23.6% 26.6%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,282 21,298 22,437
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,759 2,023 2,171
EBIT 1 767 852 997 1,177 1,168 1,295 1,499 1,656
Net income 1 -581 -132 -309 149 324 529.1 752.3 866.9
Net Debt 1 2,085 2,135 2,994 522 1,258 1,272 859.6 581.5
Reference price 2 21.27 25.08 14.13 20.38 24.26 15.62 15.62 15.62
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.($)
14.06x0.42x4.83x1.49% 8.25B
21.55x1.98x16.25x2.57% 64.81B
13.6x1.11x11.56x4.26% 37.33B
15.53x1.52x8.64x3% 35.31B
30.55x4.48x17.76x1.62% 30.16B
13.72x1.54x10.56x1.92% 19.24B
23.05x2.14x11.67x2.09% 18.62B
13.53x - - 0.72% 16.11B
21.58x2.42x12.99x2.79% 14.57B
26.81x0.85x16.25x2.47% 13.11B
Average 19.40x 1.83x 12.28x 2.29% 25.75B
Weighted average by Cap. 19.68x 1.98x 13.20x 2.53%

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