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 1,873 - -
Change - -26.22% 17.2% -40.81% -8.16% -25.86% - -
Enterprise Value (EV) 1 5,155 3,786 4,607 2,742 2,359 1,401 1,236 1,044
Change - -26.56% 21.66% -40.48% -13.99% -40.62% -11.78% -15.54%
P/E 26.3x 8.84x 20x 14.9x 23.8x 8.66x 7.63x 7.05x
PBR 3.78x 2.17x 2.29x 1.24x 1.14x 0.8x 0.74x 0.7x
PEG - 0x -0.4x -0.7x -0.6x 0x 0.6x 0.85x
Capitalization / Revenue 1.84x 1.05x 1.14x 0.66x 0.62x 0.45x 0.44x 0.41x
EV / Revenue 1.76x 1x 1.13x 0.66x 0.58x 0.34x 0.29x 0.23x
EV / EBITDA 13.1x 8.04x 10.1x 6.12x 5.38x 3.17x 2.57x 2.02x
EV / EBIT 16.1x 9.71x 13.1x 7.7x 7.53x 3.84x 3.13x 2.44x
EV / FCF 32.6x 25.5x 31.4x 8.23x 9.83x 5.99x 5.49x 4.08x
FCF Yield 3.07% 3.93% 3.18% 12.2% 10.2% 16.7% 18.2% 24.5%
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% 3.15% 3.33% 3.33%
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 54.00 54.00 54.00
Nbr of stocks (in thousands) 33,913 33,956 34,533 34,801 34,874 34,690 - -
Announcement Date 22/2/22 24/2/23 22/2/24 20/2/25 24/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.7x0.34x3.19x3.14% 2.15B
29.29x4.68x16.32x2.23% 284B
-91.52x14.46x83.72x-.--% 90.57B
10.19x1.12x5.87x4.73% 83.95B
13.24x2.4x8.92x6.26% 77.74B
18.88x4.98x12.29x3.01% 56.49B
13.89x2.03x8.49x5.61% 45.19B
19.13x1.54x9.65x1.5% 35.77B
20.15x1.48x9.47x0.98% 35.46B
15.61x1.99x9.27x5.54% 32.37B
Average 5.76x 3.50x 16.72x 3.3% 74.36B
Weighted average by Cap. 7.43x 4.66x 20.80x 2.98%

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