Company Valuation: Alstom SA

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 7,485 - -
Change - 20.14% -43.09% 73.21% 19.17% -33.22% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,688 8,530 8,149
Change - 16.45% -27.86% 17.85% 25.58% -30.31% -1.82% -4.47%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 13.8x 10.3x 8.62x
PBR 0.89x 1.05x 0.63x 0.9x - 0.66x 0.62x 0.59x
PEG - 0.9x -0x -0x 0.4x 0.1x 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 0.4x 0.36x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.97x 4.35x 3.78x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.49x 5.7x 5.01x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 68.4x 35.3x 23.4x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 1.46% 2.83% 4.27%
Dividend per Share 2 0.25 0.25 - - - 0.2257 0.3643 0.4945
Rate of return 1.18% 1% - - - 1.39% 2.25% 3.06%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.17 1.571 1.876
Distribution rate -16% -71.4% - - - 19.3% 23.2% 26.4%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,169 21,301 22,419
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,747 1,961 2,159
EBIT 1 767 852 997 1,177 1,168 1,339 1,497 1,626
Net income 1 -581 -132 -309 149 324 549.3 726.8 877.3
Net Debt 1 2,085 2,135 2,994 522 1,258 1,203 1,045 663.8
Reference price 2 21.27 25.08 14.13 20.38 24.26 16.18 16.18 16.18
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.($)
21.79x2.07x16.94x2.51% 68.4B
12.48x1.14x11.48x4.18% 41.12B
17.13x1.69x9.65x2.64% 41.55B
32.52x4.72x18.88x1.53% 32.23B
23.17x2.16x11.74x2.05% 19.45B
11.84x1.53x9.85x1.93% 19.69B
25.28x2.8x15.09x2.38% 17.24B
13.86x - - 0.7% 16.84B
27.38x0.91x15.83x1.44% 14.56B
Average 20.60x 2.13x 13.68x 2.15% 30.12B
Weighted average by Cap. 20.34x 2.14x 13.98x 2.41%

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