Company Valuation: Atos SE

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,134 997.7 782.5 465.5 972.2 440 - -
Change - -75.86% -21.57% -40.51% 108.86% -54.74% - -
Enterprise Value (EV) 1 5,360 2,448 3,012 1,703 2,012 2,020 1,758 1,804
Change - -54.33% 23.07% -43.45% 18.12% 0.36% -12.93% 2.6%
P/E -1.38x -0.99x -0.23x 0.08x -0.68x -0.82x 6.14x 2.91x
PBR 0.92x 0.26x 14.2x 0.02x -1.21x -0.33x -0.41x -0.47x
PEG - 0x -0x -0x 0x 0x -0x 0x
Capitalization / Revenue 0.38x 0.09x 0.07x 0.05x 0.12x 0.07x 0.07x 0.06x
EV / Revenue 0.49x 0.22x 0.28x 0.18x 0.25x 0.3x 0.26x 0.27x
EV / EBITDA 4.89x 2.4x 2.94x 2.36x 2.28x 2.83x 2.17x 2.07x
EV / EBIT 14x 6.88x 6.45x 8.56x 5.73x 4.26x 3.38x 3.44x
EV / FCF -12.8x -13.1x -2.79x -0.76x 29.2x -35.1x 23.7x 9.8x
FCF Yield -7.82% -7.64% -35.8% -131% 3.43% -2.85% 4.23% 10.2%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -2,70,300 -91,400 -3,10,400 310 -73.83 -27.29 3.627 7.645
Distribution rate - - - - - - - -
Net sales 1 10,839 11,341 10,693 9,577 8,001 6,729 6,754 6,792
EBITDA 1 1,095 1,020 1,026 722 883 714.6 808.8 870.9
EBIT 1 383 356 467 199 351 473.8 520.7 524.9
Net income 1 -2,962 -1,012 -3,441 248 -1,404 -307.7 69.82 102.3
Net Debt 1 1,226 1,450 2,230 1,238 1,040 1,580 1,318 1,364
Reference price 2 3,73,900.00 90,120.00 70,500.00 26.00 50.17 22.28 22.28 22.28
Nbr of stocks (in thousands) 11.1 11.1 11.1 17,904 19,379 19,750 - -
Announcement Date 28/02/22 28/02/23 26/03/24 05/03/25 06/03/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.16x3.64x12.7x3% 21TCr
22.65x4.76x11.69x0.73% 19TCr
-605.52x43.07x176.95x-.--% 12TCr
-134.54x18.71x103.57x-.--% 12TCr
15.77x1.72x9.01x3.04% 13TCr
13.44x2.44x9.19x6.11% 7.8TCr
19.32x5.16x12.67x2.9% 5.77TCr
-17.32x7.37x12.54x-.--% 4.88TCr
22.4x1.85x11.73x1.39% 4.41TCr
Average -71.29x 9.86x 40.01x 1.91% 11.2TCr
Weighted average by Cap. -77.85x 10.40x 42.95x 1.85%

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