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 7,439 - -
Change - 20.14% -43.09% 73.21% 19.17% -33.63% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,642 8,306 8,103
Change - 16.45% -27.86% 17.85% 25.58% -30.68% -3.89% -2.45%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 14.3x 10.2x 8.57x
PBR 0.89x 1.05x 0.63x 0.9x - 0.67x 0.62x 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 0.37x 0.35x 0.33x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.43x 0.39x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 5.1x 4.13x 3.75x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.64x 5.62x 5.02x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 68x 34.4x 23.3x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.47% 2.91% 4.29%
Dividend per Share 2 0.25 0.25 - - - 0.2257 0.3643 0.4945
Rate of return 1.18% 1% - - - 1.4% 2.27% 3.08%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.126 1.571 1.876
Distribution rate -16% -71.4% - - - 20% 23.2% 26.4%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,278 21,285 22,417
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,695 2,013 2,159
EBIT 1 767 852 997 1,177 1,168 1,303 1,477 1,614
Net income 1 -581 -132 -309 149 324 528.3 757.3 874
Net Debt 1 2,085 2,135 2,994 522 1,258 1,203 867.2 663.8
Reference price 2 21.27 25.08 14.13 20.38 24.26 16.08 16.08 16.08
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,616 - -
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.($)
22.26x2.11x17.33x2.44% 69.84B
14.51x1.18x12.01x3.85% 42.75B
16.57x1.62x9.22x2.81% 39.13B
29.89x4.36x17.43x1.67% 29.52B
13.6x1.53x10.5x1.93% 19.4B
23.49x2.16x11.83x2.07% 19.08B
13.46x - - 0.72% 16.13B
22.78x2.54x13.69x2.64% 15.35B
25.94x0.83x15.82x2.55% 12.71B
Average 20.28x 2.04x 13.48x 2.3% 29.32B
Weighted average by Cap. 20.14x 2.06x 13.88x 2.49%

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