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 7,420 - -
Change - 20.14% -43.09% 73.21% 19.17% -33.8% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,624 8,466 8,084
Change - 16.45% -27.86% 17.85% 25.58% -30.83% -1.83% -4.51%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 13.7x 10.2x 8.55x
PBR 0.89x 1.05x 0.63x 0.9x - 0.65x 0.62x 0.58x
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 0.37x 0.35x 0.33x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.43x 0.4x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.94x 4.32x 3.75x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.44x 5.65x 4.97x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 67.8x 35x 23.2x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.47% 2.86% 4.3%
Dividend per Share 2 0.25 0.25 - - - 0.2257 0.3643 0.4945
Rate of return 1.18% 1% - - - 1.41% 2.27% 3.08%
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 16.04 16.04 16.04
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.($)
21.97x2.08x17.1x2.49% 68.97B
12.22x1.13x11.34x4.27% 40.3B
16.32x1.62x9.24x2.77% 39.62B
32.15x4.66x18.64x1.55% 31.87B
23.04x2.15x11.67x2.06% 19.35B
11.55x1.5x9.69x1.98% 19.22B
24.79x2.75x14.82x2.43% 16.92B
13.83x - - 0.7% 16.81B
27.63x0.92x15.96x1.43% 14.69B
Average 20.39x 2.10x 13.56x 2.19% 29.75B
Weighted average by Cap. 20.19x 2.12x 13.92x 2.44%

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