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 2,501 - -
Change - -26.22% 17.2% -40.81% -8.16% -1.01% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 2,128 1,965 1,764
Change - -26.56% 21.66% -40.48% -13.99% -9.76% -7.66% -10.24%
P/E 26.3x 8.84x 20x 14.9x 23.8x 11.5x 10x 9.44x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 1.06x 0.97x 0.89x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.7x 1.46x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.59x 0.57x 0.54x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.5x 0.45x 0.38x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 4.51x 3.9x 3.24x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 5.58x 4.72x 3.91x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 8.99x 8.35x 6.59x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 11.1% 12% 15.2%
Dividend per Share 2 1 1.5 1.5 1.5 1.5 1.703 1.798 1.795
Rate of return 0.63% 1.28% 1.11% 1.9% 2.07% 2.36% 2.49% 2.49%
EPS 2 6.03 13.21 6.74 5.32 3.04 6.269 7.177 7.641
Distribution rate 16.6% 11.4% 22.3% 28.2% 49.3% 27.2% 25.1% 23.5%
Net sales 1 2,925 3,783 4,069 4,143 4,099 4,220 4,400 4,619
EBITDA 1 392.3 470.7 454.5 448.3 438 471.6 504.5 544.7
EBIT 1 319.9 389.9 350.5 356.3 313.3 381.1 416.8 451.5
Net income 1 207.8 457.6 233.2 186.4 106.9 236.4 248.5 260.7
Net Debt 1 -219.8 -179.7 -41.54 -8.97 -168.1 -372.8 -535.9 -737.2
Reference price 2 158.50 116.80 134.60 79.05 72.45 72.10 72.10 72.10
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.($)
11.5x0.5x4.51x2.36% 2.89B
23.42x3.77x13.18x2.86% 222B
-116.48x18.54x107.06x-.--% 115B
13.35x1.47x7.74x3.6% 110B
15.22x2.78x10.51x5.4% 89.13B
19.89x5.24x12.87x2.86% 59.95B
15.4x2.25x9.55x5.07% 49.94B
21.76x1.58x10.05x0.87% 40.92B
20.86x1.7x10.55x1.4% 40.32B
18.6x2.39x11.35x4.65% 38.74B
Average 4.35x 4.03x 19.74x 2.91% 76.96B
Weighted average by Cap. -1.21x 5.25x 25.45x 2.88%

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