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 2,737 - -
Change - -26.22% 17.2% -40.81% -8.16% 8.33% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 2,364 2,201 2,000
Change - -26.56% 21.66% -40.48% -13.99% 0.24% -6.9% -9.14%
P/E 26.3x 8.84x 20x 14.9x 23.8x 12.6x 11x 10.3x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 1.16x 1.06x 0.98x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.8x 1.59x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.65x 0.62x 0.59x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.56x 0.5x 0.43x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 5.01x 4.36x 3.67x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 6.39x 5.47x 4.61x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 9.99x 9.36x 7.47x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 10% 10.7% 13.4%
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% 2.16% 2.28% 2.27%
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 78.90 78.90 78.90
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.59x0.56x5.01x2.16% 3.15B
22.46x3.65x12.73x2.99% 213B
-107.81x17.13x98.92x-.--% 107B
12.27x1.36x7.11x3.92% 101B
16.03x2.94x11.09x5.13% 93.9B
20.79x5.42x13.31x2.76% 62.12B
15.45x2.26x9.59x5.05% 50.13B
19.75x1.61x9.85x1.48% 38.73B
21.12x1.56x9.86x0.9% 40.04B
18.76x2.41x11.56x4.64% 39.09B
Average 5.14x 3.89x 18.90x 2.9% 74.84B
Weighted average by Cap. 0.66x 4.93x 23.48x 2.97%

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