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 1,951 - -
Change - -26.22% 17.2% -40.81% -8.16% -22.77% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 1,479 1,314 1,122
Change - -26.56% 21.66% -40.48% -13.99% -37.31% -11.16% -14.62%
P/E 26.3x 8.84x 20x 14.9x 23.8x 8.99x 7.92x 7.34x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 0.83x 0.78x 0.73x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.6x 0.93x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.47x 0.45x 0.43x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.36x 0.31x 0.25x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 3.34x 2.74x 2.17x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 4.06x 3.33x 2.62x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 6.32x 5.84x 4.38x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 15.8% 17.1% 22.8%
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% 3.03% 3.2% 3.19%
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 56.25 56.25 56.25
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 34,690 - -
Announcement Date 2/22/22 2/24/23 2/22/24 2/20/25 2/24/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.75x3.56x12.5x3.08% 206B
-94.57x14.96x86.58x-.--% 93.59B
10.75x1.18x6.19x4.49% 88.49B
14.27x2.6x9.81x5.76% 82.64B
19.67x5.16x12.73x2.89% 59.43B
14.06x2.05x8.6x5.54% 45.48B
20.5x1.52x9.63x0.96% 36.26B
18.61x1.5x9.41x1.6% 34.78B
16.18x2.07x9.64x5.34% 33.34B
Average 4.69x 3.84x 18.34x 3.3% 75.54B
Weighted average by Cap. 2.50x 4.45x 20.86x 3.24%

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