Company Valuation: Alstom

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 7,460 - -
Change - 20.14% -43.09% 73.21% 19.17% -33.45% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,737 8,327 8,123
Change - 16.45% -27.86% 17.85% 25.58% -29.92% -4.69% -2.44%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 14.6x 10.5x 8.7x
PBR 0.89x 1.05x 0.63x 0.9x - 0.66x 0.62x 0.59x
PEG - 0.9x -0x -0x 0.4x 0.2x 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 0.39x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 5x 4.14x 3.76x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 7.08x 5.59x 4.94x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 68.7x 34.5x 23.4x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.45% 2.9% 4.28%
Dividend per Share 2 0.25 0.25 - - - 0.2329 0.3639 0.4942
Rate of return 1.18% 1% - - - 1.44% 2.26% 3.06%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.108 1.539 1.853
Distribution rate -16% -71.4% - - - 21% 23.6% 26.7%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,251 21,272 22,402
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,747 2,013 2,158
EBIT 1 767 852 997 1,177 1,168 1,235 1,488 1,643
Net income 1 -581 -132 -309 149 324 526.6 751.1 865.7
Net Debt 1 2,085 2,135 2,994 522 1,258 1,277 867.2 663.8
Reference price 2 21.27 25.08 14.13 20.38 24.26 16.12 16.12 16.12
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,616 - -
Announcement Date 11/5/22 10/5/23 8/5/24 14/5/25 13/5/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.94x2.13x17.43x2.43% 69B
13.88x1.12x11.55x4.15% 38.18B
15.6x1.52x8.67x2.98% 35.24B
29.8x4.34x17.35x1.67% 28.98B
13.69x1.53x10.55x1.92% 19.08B
23.75x2.2x12x2.02% 19.15B
13.5x - - 0.72% 16.04B
22.1x2.48x13.32x2.72% 14.89B
27.14x0.86x16.42x2.44% 13.27B
Average 20.27x 2.02x 13.41x 2.34% 28.2B
Weighted average by Cap. 20.28x 2.05x 13.87x 2.52%

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