Company Valuation: Alstom SA

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 7,397 - -
Change - 20.14% -43.09% 73.21% 19.17% -34.01% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,601 8,442 8,061
Change - 16.45% -27.86% 17.85% 25.58% -31.01% -1.84% -4.52%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 13.7x 10.2x 8.52x
PBR 0.89x 1.05x 0.63x 0.9x - 0.65x 0.61x 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 4.92x 4.31x 3.73x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.42x 5.64x 4.96x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 67.7x 34.9x 23.2x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.48% 2.86% 4.32%
Dividend per Share 2 0.25 0.25 - - - 0.2257 0.3643 0.4945
Rate of return 1.18% 1% - - - 1.41% 2.28% 3.09%
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 15.99 15.99 15.99
Nbr of stocks (in thousands) 3,73,392 3,80,453 3,84,291 4,61,511 4,62,030 4,62,616 - -
Announcement Date 11/05/22 10/05/23 08/05/24 14/05/25 13/05/26 - - -
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% 6.9TCr
12.22x1.13x11.34x4.27% 4.03TCr
16.32x1.62x9.24x2.77% 3.96TCr
32.12x4.66x18.64x1.55% 3.19TCr
11.55x1.5x9.69x1.98% 1.92TCr
23.04x2.15x11.67x2.06% 1.93TCr
13.83x - - 0.7% 1.68TCr
24.79x2.75x14.82x2.43% 1.69TCr
27.63x0.92x15.96x1.43% 1.47TCr
Average 20.39x 2.10x 13.56x 2.19% 2.97TCr
Weighted average by Cap. 20.18x 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