Alstom
Market Cap
€12.9b
Last Updated
2021/08/04 21:50 UTC
Data Sources
Company Financials +
Executive Summary
Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, and Africa. More Details
Snowflake Analysis
Good value with reasonable growth potential.
Similar Companies
Share Price & News
How has Alstom's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ALO is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ALO's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-5.3%
ALO
-3.0%
FR Machinery
2.7%
FR Market
1 Year Return
-27.5%
ALO
-18.2%
FR Machinery
39.3%
FR Market
Return vs Industry: ALO underperformed the French Machinery industry which returned -18.2% over the past year.
Return vs Market: ALO underperformed the French Market which returned 39.3% over the past year.
Shareholder returns
| ALO | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.3% | -3.0% | 2.7% |
| 30 Day | -20.8% | -16.5% | 2.7% |
| 90 Day | -24.5% | -21.1% | 6.2% |
| 1 Year | -21.3%-27.5% | -11.9%-18.2% | 43.2%39.3% |
| 3 Year | 12.8%-9.6% | 9.5%-8.8% | 34.4%21.6% |
| 5 Year | 100.3%57.8% | 83.3%50.8% | 87.9%58.4% |
Long-Term Price Volatility Vs. Market
How volatile is Alstom's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Shareholders Will Likely Find Alstom SA's (EPA:ALO) CEO Compensation Acceptable3 weeks ago | Simply Wall St
Are Alstom SA's (EPA:ALO) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?1 month ago | Simply Wall St
Is Alstom (EPA:ALO) A Risky Investment?Valuation
Is Alstom undervalued compared to its fair value and its price relative to the market?
33.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ALO (€34.67) is trading below our estimate of fair value (€51.79)
Significantly Below Fair Value: ALO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ALO is good value based on its PE Ratio (37.9x) compared to the French Machinery industry average (55x).
PE vs Market: ALO is poor value based on its PE Ratio (37.9x) compared to the French market (21.6x).
Price to Earnings Growth Ratio
PEG Ratio: ALO is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ALO is good value based on its PB Ratio (1.4x) compared to the FR Machinery industry average (1.7x).
Future Growth
How is Alstom forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
29.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALO's forecast earnings growth (29.7% per year) is above the savings rate (0.4%).
Earnings vs Market: ALO's earnings (29.7% per year) are forecast to grow faster than the French market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ALO's revenue (14.2% per year) is forecast to grow faster than the French market (6.3% per year).
High Growth Revenue: ALO's revenue (14.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALO's Return on Equity is forecast to be low in 3 years time (10.2%).
Past Performance
How has Alstom performed over the past 5 years?
50.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALO has a large one-off loss of €134.0M impacting its March 31 2021 financial results.
Growing Profit Margin: ALO's current net profit margins (2.7%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: ALO has become profitable over the past 5 years, growing earnings by 50.3% per year.
Accelerating Growth: ALO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ALO had negative earnings growth (-46.2%) over the past year, making it difficult to compare to the Machinery industry average (-17%).
Return on Equity
High ROE: ALO's Return on Equity (2.8%) is considered low.
Financial Health
How is Alstom's financial position?
Financial Position Analysis
Short Term Liabilities: ALO's short term assets (€11.5B) do not cover its short term liabilities (€15.4B).
Long Term Liabilities: ALO's short term assets (€11.5B) exceed its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: ALO's debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: ALO's debt to equity ratio has reduced from 65.4% to 23.9% over the past 5 years.
Debt Coverage: ALO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALO's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
Dividend
What is Alstom current dividend yield, its reliability and sustainability?
0.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALO's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.29%).
High Dividend: ALO's dividend (0.72%) is low compared to the top 25% of dividend payers in the French market (3.89%).
Stability and Growth of Payments
Stable Dividend: ALO is not paying a notable dividend for the French market, therefore no need to check if payments are stable.
Growing Dividend: ALO is not paying a notable dividend for the French market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ALO is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ALO's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.0yrs
Average management tenure
CEO
Henri Poupart-Lafarge (52 yo)
5.5yrs
Tenure
€1,607,634
Compensation
Mr. Henri Poupart-Lafarge serves as Independent Director at Société Générale Société anonyme since May 18, 2021. He has been Chief Executive Officer and Chairman at Alstom Transport Deutschland GmbH since ...
CEO Compensation Analysis
Compensation vs Market: Henri's total compensation ($USD1.90M) is below average for companies of similar size in the French market ($USD3.27M).
Compensation vs Earnings: Henri's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ALO's management team is seasoned and experienced (5 years average tenure).
Board Members
Experienced Board: ALO's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 63.9%.
Top Shareholders
Company Information
Alstom SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alstom SA
- Ticker: ALO
- Exchange: ENXTPA
- Founded: 1992
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: €12.895b
- Shares outstanding: 371.94m
- Website: https://www.alstom.com
Number of Employees
Location
- Alstom SA
- 48, rue Albert Dhalenne
- St Ouen
- Ile-de-France
- 93400
- France
Listings
Biography
Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, and Africa. The company offers rolling stock solutions for electric buses, tramways, tram-...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/04 21:50 |
| End of Day Share Price | 2021/08/04 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.