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 2,166 - -
Change - -26.22% 17.2% -40.81% -8.16% -14.26% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 1,694 1,529 1,337
Change - -26.56% 21.66% -40.48% -13.99% -28.19% -9.74% -12.56%
P/E 26.3x 8.84x 20x 14.9x 23.8x 9.98x 8.79x 8.15x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 0.92x 0.86x 0.81x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.7x 1.03x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.52x 0.5x 0.48x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.41x 0.36x 0.3x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 3.83x 3.18x 2.59x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 4.65x 3.87x 3.12x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 7.24x 6.79x 5.22x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 13.8% 14.7% 19.2%
Dividend per Share 2 1 1.5 1.5 1.5 1.5 1.703 1.799 1.796
Rate of return 0.63% 1.28% 1.11% 1.9% 2.07% 2.73% 2.88% 2.88%
EPS 2 6.03 13.21 6.74 5.32 3.04 6.256 7.101 7.662
Distribution rate 16.6% 11.4% 22.3% 28.2% 49.3% 27.2% 25.3% 23.4%
Net sales 1 2,925 3,783 4,069 4,143 4,099 4,143 4,302 4,516
EBITDA 1 392.3 470.7 454.5 448.3 438 442.2 480 516.7
EBIT 1 319.9 389.9 350.5 356.3 313.3 364.4 394.8 427.8
Net income 1 207.8 457.6 233.2 186.4 106.9 221.3 251.4 269.1
Net Debt 1 -219.8 -179.7 -41.54 -8.97 -168.1 -472.8 -637.7 -829.7
Reference price 2 158.50 116.80 134.60 79.05 72.45 62.45 62.45 62.45
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 34,690 - -
Announcement Date 22/02/22 24/02/23 22/02/24 20/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.98x0.41x3.83x2.73% 2.46B
21.46x3.51x12.22x3.13% 204B
-95.59x15.12x87.54x-.--% 94.59B
11.4x1.26x6.6x4.21% 94.28B
14.89x2.72x10.26x5.52% 86.61B
21.07x5.47x13.45x2.72% 62.34B
14.12x2.05x8.7x5.53% 45.57B
19.89x1.61x10.1x1.49% 36.91B
17.65x2.24x10.73x4.92% 36.56B
20.49x1.52x9.63x0.96% 36.02B
Average 5.54x 3.59x 17.31x 3.12% 69.91B
Weighted average by Cap. 2.57x 4.48x 20.94x 3.16%

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