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 2,626 - -
Change - -26.22% 17.2% -40.81% -8.16% 3.94% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 2,253 2,090 1,889
Change - -26.56% 21.66% -40.48% -13.99% -4.46% -7.24% -9.63%
P/E 26.3x 8.84x 20x 14.9x 23.8x 12.1x 10.5x 9.91x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 1.11x 1.02x 0.94x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.7x 1.53x
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 0.53x 0.48x 0.41x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 4.78x 4.14x 3.47x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 5.91x 5.02x 4.18x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 9.52x 8.88x 7.06x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 10.5% 11.3% 14.2%
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% 2.25% 2.38% 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 1 319.9 389.9 350.5 356.3 313.3 381.1 416.8 451.5
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 75.70 75.70 75.70
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 34,690 - -
Announcement Date 22/2/22 24/2/23 22/2/24 20/2/25 24/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
12.08x0.53x4.78x2.25% 3.04B
23.55x3.79x13.24x2.85% 224B
-115.86x18.44x106.47x-.--% 115B
13.01x1.44x7.55x3.69% 108B
15.89x2.91x10.99x5.17% 93.24B
20.57x5.38x13.22x2.77% 61.92B
15.39x2.25x9.54x5.07% 50B
21.69x1.61x10.15x0.88% 40.89B
20.74x1.69x10.38x1.41% 40.43B
18.48x2.37x11.38x4.68% 38.57B
Average 4.55x 4.04x 19.77x 2.88% 77.37B
Weighted average by Cap. -0.79x 5.25x 25.30x 2.87%

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