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 7,351 - -
Change - 20.14% -43.09% 73.21% 19.17% -34.42% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,623 8,211 7,932
Change - 16.45% -27.86% 17.85% 25.58% -30.83% -4.79% -3.39%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 14.3x 10.3x 8.57x
PBR 0.89x 1.05x 0.63x 0.9x - 0.65x 0.61x 0.58x
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 0.35x 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 4.9x 4.06x 3.65x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.66x 5.48x 4.79x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 30.9x 328x -180x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 3.24% 0.3% -0.55%
Dividend per Share 2 0.25 0.25 - - - 0.2329 0.3639 0.4938
Rate of return 1.18% 1% - - - 1.46% 2.29% 3.1%
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 15.91 15.91 15.91
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,030 - -
Announcement Date 11/05/22 10/05/23 08/05/24 14/05/25 13/05/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.17x2.05x16.78x2.5% 66.66B
13.55x1.11x11.53x4.27% 37.22B
15.58x1.52x8.66x2.99% 35.34B
30.32x4.45x17.64x1.63% 29.91B
13.63x1.53x10.52x1.93% 19.06B
23.64x2.19x11.95x2.03% 19.11B
13.51x - - 0.72% 16.09B
21.53x2.42x12.96x2.79% 14.53B
26.89x0.85x16.29x2.46% 13.14B
Average 20.09x 2.01x 13.29x 2.37% 27.9B
Weighted average by Cap. 20.05x 2.05x 13.67x 2.55%

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