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 7,413 - -
Change - 20.14% -43.09% 73.21% 19.17% -33.86% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,691 8,281 8,077
Change - 16.45% -27.86% 17.85% 25.58% -30.29% -4.72% -2.46%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 14.5x 10.4x 8.65x
PBR 0.89x 1.05x 0.63x 0.9x - 0.66x 0.61x 0.58x
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 4.98x 4.12x 3.74x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 7.2x 5.65x 5x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 68.4x 34.3x 23.2x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.46% 2.92% 4.31%
Dividend per Share 2 0.25 0.25 - - - 0.2329 0.3639 0.4941
Rate of return 1.18% 1% - - - 1.45% 2.27% 3.08%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.107 1.539 1.853
Distribution rate -16% -71.4% - - - 21% 23.7% 26.7%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,270 21,279 22,410
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,746 2,012 2,158
EBIT 1 767 852 997 1,177 1,168 1,207 1,465 1,617
Net income 1 -581 -132 -309 149 324 526.2 750.9 865.5
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 16.02 16.02 16.02
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,616 - -
Announcement Date 5/11/22 A 5/10/23 A 5/8/24 A 5/14/25 A 5/13/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
22.73x2.11x17.37x2.43% 68.81B
13.66x1.14x11.66x4.1% 39.53B
16.02x1.56x8.88x2.9% 36.03B
29.83x4.35x17.39x1.67% 28.73B
23.96x2.22x12.1x2.01% 19.25B
13.86x1.55x10.63x1.9% 19.21B
13.17x - - 0.74% 15.59B
21.89x2.45x13.2x2.75% 14.69B
26.88x0.86x16.32x2.46% 13.17B
Average 20.22x 2.03x 13.44x 2.33% 28.33B
Weighted average by Cap. 20.18x 2.05x 13.87x 2.51%

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