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 2,964 - -
Change - -26.22% 17.2% -40.81% -8.16% 17.3% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 2,608 2,394 2,181
Change - -26.56% 21.66% -40.48% -13.99% 10.58% -8.21% -8.91%
P/E 26.3x 8.84x 20x 14.9x 23.8x 12.6x 11.5x 10.9x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 1.35x 1.21x 1.14x
PEG - 0x -0.4x -0.7x -0.6x 0x 1.15x 2.12x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.7x 0.67x 0.64x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.62x 0.54x 0.47x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 5.67x 4.82x 4.17x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 6.67x 5.65x 4.83x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 11.4x 9.68x 8.02x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 8.78% 10.3% 12.5%
Dividend per Share 2 1 1.5 1.5 1.5 1.5 1.612 1.751 1.795
Rate of return 0.63% 1.28% 1.11% 1.9% 2.07% 1.84% 2% 2.05%
EPS 2 6.03 13.21 6.74 5.32 3.04 6.954 7.647 8.04
Distribution rate 16.6% 11.4% 22.3% 28.2% 49.3% 23.2% 22.9% 22.3%
Net sales 1 2,925 3,783 4,069 4,143 4,099 4,216 4,415 4,634
EBITDA 1 392.3 470.7 454.5 448.3 438 460.3 496.2 522.8
EBIT 1 319.9 389.9 350.5 356.3 313.3 391.3 423.8 451.7
Net income 1 207.8 457.6 233.2 186.4 106.9 243.1 261.8 274.6
Net Debt 1 -219.8 -179.7 -41.54 -8.97 -168.1 -355.4 -569.6 -783
Reference price 2 158.50 116.80 134.60 79.05 72.45 87.60 87.60 87.60
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 33,831 - -
Announcement Date 22/02/22 24/02/23 22/02/24 20/02/25 24/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.6x0.62x5.67x1.84% 332.02Cr
25.22x4.05x14.08x2.68% 24TCr
23.95x5.01x12.28x0.69% 21TCr
17.66x2.01x10.33x2.68% 15TCr
-123.59x17.14x94.25x-.--% 11TCr
-523.76x37.2x152.79x-.--% 11TCr
16.35x2.95x11.37x4.92% 9.58TCr
23.33x6.05x14.86x2.4% 7.04TCr
15.09x2.2x9.35x5.16% 4.93TCr
25.59x2.13x13.49x1.22% 5.05TCr
Average -48.76x 7.93x 33.85x 2.16% 10.84TCr
Weighted average by Cap. -47.39x 8.43x 34.76x 1.98%

Y-o-Y evolution of P/E

Valuation ratios - P/E - ALTEN

Historical PBR trend

Valuation ratios - PBR - ALTEN

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - ALTEN

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - ALTEN


Year-on-year evolution of the Yield

Valuation ratios - Yield - ALTEN