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 1,911 - -
Change - -26.22% 17.2% -40.81% -8.16% -24.35% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 1,439 1,274 1,082
Change - -26.56% 21.66% -40.48% -13.99% -39% -11.47% -15.08%
P/E 26.3x 8.84x 20x 14.9x 23.8x 8.84x 7.79x 7.19x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 0.81x 0.76x 0.72x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.6x 0.87x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.46x 0.44x 0.42x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.35x 0.3x 0.24x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 3.25x 2.65x 2.09x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 3.95x 3.23x 2.53x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 6.15x 5.66x 4.22x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 16.3% 17.7% 23.7%
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% 3.09% 3.27% 3.26%
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 55.10 55.10 55.10
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 34,690 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.88x0.35x3.27x3.08% 218.75Cr
27.83x4.47x15.6x2.36% 27TCr
-91.48x14.45x83.68x-.--% 9.02TCr
9.74x1.07x5.6x4.95% 8.41TCr
12.74x2.31x8.57x6.48% 7.86TCr
18.66x4.9x12.1x3.07% 5.54TCr
12.77x1.85x7.76x6.08% 4.42TCr
12.84x1.47x10.06x1.26% 3.61TCr
18.45x1.35x8.62x1.07% 3.46TCr
14.09x1.78x8.26x6.14% 3.06TCr
Average 4.45x 3.40x 16.35x 3.45% 7.28TCr
Weighted average by Cap. 5.90x 4.53x 20.42x 3.14%

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