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Market Cap

€16.3b

Last Updated

2021/04/13 18:09 UTC

Data Sources

Company Financials +

Executive Summary

Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.


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 +/- 5% a week.

Volatility Over Time: ALO's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

ALO

1.2%

FR Machinery

1.3%

FR Market


1 Year Return

14.9%

ALO

24.5%

FR Machinery

39.2%

FR Market

Return vs Industry: ALO underperformed the French Machinery industry which returned 23.2% over the past year.

Return vs Market: ALO underperformed the French Market which returned 39.2% over the past year.


Shareholder returns

ALOIndustryMarket
7 Day2.1%1.2%1.3%
30 Day2.9%3.4%3.1%
90 Day-5.0%-4.4%9.4%
1 Year24.0%14.9%33.3%24.5%41.9%39.2%
3 Year50.1%20.1%38.8%15.5%29.1%18.6%
5 Year141.5%91.6%117.4%79.5%70.0%45.5%

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

Valuation

Is Alstom undervalued compared to its fair value and its price relative to the market?

39.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALO (€44.02) is trading below our estimate of fair value (€49.75)

Significantly Below Fair Value: ALO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ALO is good value based on its PE Ratio (25.2x) compared to the FR Machinery industry average (29.2x).

PE vs Market: ALO's PE Ratio (25.2x) is in line with the French market.


Price to Earnings Growth Ratio

PEG Ratio: ALO is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: ALO is overvalued based on its PB Ratio (3x) compared to the FR Machinery industry average (1.8x).


Future Growth

How is Alstom forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

27.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALO's forecast earnings growth (28.2% per year) is above the savings rate (0.4%).

Earnings vs Market: ALO's earnings (28.2% per year) are forecast to grow faster than the French market (21.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ALO's revenue (19.3% per year) is forecast to grow faster than the French market (6.9% per year).

High Growth Revenue: ALO's revenue (19.3% 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 (11.8%).


Past Performance

How has Alstom performed over the past 5 years?

60.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALO has high quality earnings.

Growing Profit Margin: ALO's current net profit margins (5.2%) are higher than last year (4%).


Past Earnings Growth Analysis

Earnings Trend: ALO has become profitable over the past 5 years, growing earnings by 60.2% per year.

Accelerating Growth: ALO's earnings growth over the past year (19.9%) is below its 5-year average (60.2% per year).

Earnings vs Industry: ALO earnings growth over the past year (19.9%) exceeded the Machinery industry -13.2%.


Return on Equity

High ROE: ALO's Return on Equity (12.1%) is considered low.


Financial Health

How is Alstom's financial position?


Financial Position Analysis

Short Term Liabilities: ALO's short term assets (€8.5B) exceed its short term liabilities (€7.7B).

Long Term Liabilities: ALO's short term assets (€8.5B) exceed its long term liabilities (€1.9B).


Debt to Equity History and Analysis

Debt Level: ALO's debt to equity ratio (34%) is considered satisfactory.

Reducing Debt: ALO's debt to equity ratio has reduced from 178% to 34% over the past 5 years.

Debt Coverage: ALO's debt is well covered by operating cash flow (21.5%).

Interest Coverage: ALO's interest payments on its debt are well covered by EBIT (10.6x coverage).


Balance Sheet


Dividend

What is Alstom current dividend yield, its reliability and sustainability?

1.51%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ALO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ALO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ALO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ALO's dividend payments have been 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?

3.3yrs

Average management tenure


CEO

Henri Poupart-Lafarge (51 yo)

5.17yrs

Tenure

€3,377,612

Compensation

Mr. Henri Poupart-Lafarge has been Chief Executive Officer and Chairman at Alstom Transport Deutschland GmbH since February 1, 2016. Mr. Poupart-Lafarge has been Chief Executive Officer at Alstom Deutschla...


CEO Compensation Analysis

Compensation vs Market: Henri's total compensation ($USD4.02M) is about average for companies of similar size in the French market ($USD3.84M).

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 considered experienced (3.3 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 64.3%.


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: €16.340b
  • Shares outstanding: 371.20m
  • 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 develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-tr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/13 18:09
End of Day Share Price2021/04/13 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.