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 7,240 - -
Change - 20.14% -43.09% 73.21% 19.17% -35.41% - -
Enterprise Value (EV) 1 10,027 11,677 8,424 9,928 12,467 8,512 8,100 7,822
Change - 16.45% -27.86% 17.85% 25.58% -31.72% -4.85% -3.43%
P/E -13.6x -71.7x -17.4x 65.7x 40.4x 14.1x 10.1x 8.41x
PBR 0.89x 1.05x 0.63x 0.9x - 0.64x 0.6x 0.57x
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 0.36x 0.34x 0.32x
EV / Revenue 0.65x 0.71x 0.48x 0.54x 0.65x 0.42x 0.38x 0.35x
EV / EBITDA 6.1x 6.72x 4.6x 4.84x 6.29x 4.84x 4x 3.6x
EV / EBIT 13.1x 13.7x 8.45x 8.43x 10.7x 6.57x 5.4x 4.72x
EV / FCF -10.1x 58.7x -14.9x 20.3x 38.5x 30.5x 324x -178x
FCF Yield -9.89% 1.7% -6.73% 4.94% 2.6% 3.28% 0.31% -0.56%
Dividend per Share 2 0.25 0.25 - - - 0.2329 0.3639 0.4938
Rate of return 1.18% 1% - - - 1.49% 2.33% 3.16%
EPS 2 -1.56 -0.35 -0.81 0.31 0.6 1.111 1.543 1.858
Distribution rate -16% -71.4% - - - 21% 23.6% 26.6%
Net sales 1 15,471 16,507 17,619 18,489 19,171 20,282 21,298 22,437
EBITDA 1 1,643 1,738 1,833 2,051 1,981 1,759 2,023 2,171
EBIT 1 767 852 997 1,177 1,168 1,295 1,499 1,656
Net income 1 -581 -132 -309 149 324 529.1 752.3 866.9
Net Debt 1 2,085 2,135 2,994 522 1,258 1,272 859.6 581.5
Reference price 2 21.27 25.08 14.13 20.38 24.26 15.63 15.63 15.63
Nbr of stocks (in thousands) 373,392 380,453 384,291 461,511 462,030 462,030 - -
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.($)
21.65x1.99x16.39x2.57% 64.88B
13.62x1.1x11.48x4.28% 36.52B
15.54x1.52x8.64x3.01% 35.11B
31.1x4.55x18.04x1.6% 30.47B
13.59x1.52x10.51x1.94% 18.89B
23.29x2.16x11.78x2.06% 18.8B
13.13x - - 0.74% 15.63B
21.21x2.38x12.76x2.84% 14.29B
25.89x0.83x15.86x2.54% 12.75B
Average 19.89x 2.01x 13.18x 2.4% 27.48B
Weighted average by Cap. 19.93x 2.05x 13.55x 2.58%

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