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 1,852 - -
Change - -26.22% 17.2% -40.81% -8.16% -26.68% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 1,380 1,215 1,023
Change - -26.56% 21.66% -40.48% -13.99% -41.5% -11.96% -15.81%
P/E 26.3x 8.84x 20x 14.9x 23.8x 8.57x 7.55x 6.97x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 0.79x 0.74x 0.69x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.6x 0.84x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.45x 0.43x 0.41x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.33x 0.28x 0.23x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 3.12x 2.53x 1.98x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 3.79x 3.08x 2.39x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 5.9x 5.4x 3.99x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 17% 18.5% 25%
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% 3.19% 3.37% 3.36%
EPS 2 6.03 13.21 6.74 5.32 3.04 6.233 7.075 7.662
Distribution rate 16.6% 11.4% 22.3% 28.2% 49.3% 27.3% 25.4% 23.4%
Net sales 1 2,925 3,783 4,069 4,143 4,099 4,142 4,301 4,516
EBITDA 1 392.3 470.7 454.5 448.3 438 442.1 479.9 516.7
EBIT 1 319.9 389.9 350.5 356.3 313.3 364.4 394.7 427.8
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 53.40 53.40 53.40
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.41x4.28x14.93x2.48% 255B
-87.2x13.76x79.66x-.--% 86.29B
13.44x2.45x9.03x6.15% 80.34B
9.58x1.05x5.51x5.03% 78.93B
18.71x4.89x12.09x3.06% 55.03B
13.5x1.97x8.24x5.76% 44.67B
12.69x1.45x9.94x1.27% 34.33B
14.99x1.91x8.86x5.76% 31.57B
17.59x1.28x8.2x1.12% 31.14B
Average 4.41x 3.67x 17.38x 3.4% 77.51B
Weighted average by Cap. 5.94x 4.39x 19.72x 3.17%

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