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 7,323 - -
Change - 20.14% -43.09% 73.21% 19.17% -34.67% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,527 8,368 7,987
Change - 16.45% -27.86% 17.85% 25.58% -31.61% -1.86% -4.56%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 13.5x 10.1x 8.44x
PBR 0.89x 1.05x 0.63x 0.9x - 0.64x 0.61x 0.57x
PEG - 0.9x -0x -0x 0.4x 0.1x 0.3x 0.4x
Capitalization / Revenue 0.51x 0.58x 0.31x 0.51x 0.58x 0.36x 0.34x 0.33x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.42x 0.39x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.88x 4.27x 3.7x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.37x 5.59x 4.91x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 67.1x 34.6x 23x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.49% 2.89% 4.36%
Dividend per Share 2 0.25 0.25 - - - 0.2257 0.3643 0.4945
Rate of return 1.18% 1% - - - 1.43% 2.3% 3.12%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.17 1.571 1.876
Distribution rate -16% -71.4% - - - 19.3% 23.2% 26.4%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,169 21,301 22,419
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,747 1,961 2,159
EBIT 1 767 852 997 1,177 1,168 1,339 1,497 1,626
Net income 1 -581 -132 -309 149 324 549.3 726.8 877.3
Net Debt 1 2,085 2,135 2,994 522 1,258 1,203 1,045 663.8
Reference price 2 21.27 25.08 14.13 20.38 24.26 15.83 15.83 15.83
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,616 - -
Announcement Date 5/11/22 5/10/23 5/8/24 5/14/25 5/13/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
Average
Weighted average by Cap.

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