Alten
Market Cap
€3.2b
Last Updated
2019/06/17 20:48 UTC
Data Sources
Company Financials +
Executive Summary
Alten SA operates as an engineering and technology consultancy company primarily in France, North America, Germany, Scandinavia, Spain, the United Kingdom, Italy, Belgium, the Netherlands, and the Asia-Pacific.
Snowflake
Fundamentals
Excellent balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Alten's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.6%
ENXTPA:ATE
-0.3%
FR IT
-0.02%
FR Market
1 Year Return
8.4%
ENXTPA:ATE
-18.3%
FR IT
-1.2%
FR Market
ATE outperformed the IT industry which returned -19.1% over the past year.
ATE outperformed the Market in France which returned -2.5% over the past year.
Share holder returns
| ATE | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -0.3% | -0.02% |
| 30 Day | 4.2% | -0.5% | -0.9% |
| 90 Day | 1.6% | -3.2% | -0.3% |
| 1 Year | 9.6%8.4% | -12.3%-18.3% | 2.1%-1.2% |
| 3 Year | 80.3%75.9% | 39.3%25.1% | 45.0%30.8% |
| 5 Year | 187.6%169.3% | 94.2%64.7% | 54.7%28.6% |
Price Volatility Vs. Market
How volatile is Alten's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Does Alten SA's (EPA:ATE) Recent Track Record Look Strong?1 week ago | Simply Wall St
Should You Be Impressed By Alten SA's (EPA:ATE) ROE?3 weeks ago | Simply Wall St
Can Alten SA (EPA:ATE) Save Your Portfolio?Valuation
Is Alten undervalued based on future cash flows and its price relative to the stock market?
20.42x
Price to Earnings (PE) ratio
Intrinsic Value Based on Future Cash Flows
Alten's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
Alten's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
Price Based on Earnings
Alten is overvalued based on earnings compared to the FR IT industry average.
Alten is overvalued based on earnings compared to the France market.
Price Based on Expected Growth
Alten is poor value based on expected growth next year.
Price Based on Value of Assets
Alten is overvalued based on assets compared to the FR IT industry average.
Next Steps
Future Growth
How is Alten expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
9.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Alten's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).
Alten's earnings are expected to grow by 9.4% yearly, however this is not considered high growth (20% yearly).
Alten's revenue growth is expected to exceed the France market average.
Alten's earnings growth is positive but not above the France market average.
Alten's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Alten is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Alten performed over the past 5 years?
16.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Alten's year on year earnings growth rate has been positive over the past 5 years.
Alten's 1-year earnings growth is less than its 5-year average (7.4% vs 16.5%)
Alten's earnings growth has exceeded the FR IT industry average in the past year (7.4% vs 6.6%).
Return on Equity
Alten has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Alten used its assets more efficiently than the FR IT industry average last year based on Return on Assets.
Return on Capital Employed
Alten's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Alten's financial position?
Financial Position Analysis
Alten is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Alten's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Alten's level of debt (11.1%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has increased over the past 5 years (1.2% vs 11.1% today).
Debt is well covered by operating cash flow (92%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 189.6x coverage).
Balance Sheet
Low level of unsold assets.
Debt is covered by short term assets, assets are 9.7x debt.
Next Steps
Dividend
What is Alten's current dividend yield, its reliability and sustainability?
1.12%
Expected Dividend Yield
Upcoming Dividend Payment
Purchase Alten before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield and Payments Analysis
Alten's pays a lower dividend yield than the bottom 25% of dividend payers in France (1.54%).
Alten's dividend is below the markets top 25% of dividend payers in France (4.41%).
Whilst dividend payments have been stable, Alten has been paying a dividend for less than 10 years.
Dividend payments have increased, but Alten only paid a dividend in the past 9 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (4.7x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (5.8x coverage).
Next Steps
Management
What is the CEO of Alten's salary, the management and board of directors tenure and is there insider trading?
13.5yrs
Average management tenure
CEO
Simon Azoulay (62yo)
20.8yrs
Tenure
€575,811
Compensation
Mr. Simon Azoulay has been Manager of ABILOG Appointment Decision since April, 1996. Mr. Azoulay serves as Manager of Alten Benelux, Axen, Alten UK, Alten Esp and Sd Partners. He has been the Chairman and ...
CEO Compensation Analysis
Simon's remuneration is lower than average for companies of similar size in France.
Simon's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
13.5yrs
Average Tenure
56.5yo
Average Age
The average tenure for the Alten management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
5.0yrs
Average Tenure
61yo
Average Age
The tenure for the Alten board of directors is about average.
Insider Trading
No 3 month insider trading information.
Ownership Breakdown
Management Team
Olivier Granger
Chief Operating Officer
Pierre Marcel (57yo)
Deputy Chief Executive Officer of ALTEN France & Solutions subsidiaries
- Tenure: 6.4yrs
- Compensation: €328.66k
Pierre Bonhomme
Executive Vice President of Alten Technology France
- Tenure: 2.6yrs
V. Ignacio
Managing Director of ALTEN - Madrid
Stéphane Ougier
Executive Vice President of ALTEN Technology France & Solutions Subsidiaries
Luc Dallery
Head of Human Resources
Simon Azoulay (62yo)
Chairman & CEO
- Tenure: 20.8yrs
- Compensation: €575.81k
Gualtiero Bazzana
CEO & MD of ALTEN Italia
Gérald Attia (56yo)
Deputy CEO & Director
- Tenure: 20.5yrs
- Compensation: €291.42k
Bruno Benoliel (54yo)
Deputy Chief Executive Officer
- Compensation: €334.72k
Board Members
Aliette Mardyks (62yo)
Independent Director
- Tenure: 2.0yrs
- Compensation: €9.00k
Marwane Metioui (43yo)
Director Representating Employees
- Tenure: 1.5yrs
Emily Azoulay (70yo)
Director
- Tenure: 8.0yrs
- Compensation: €8.00k
Philippe Tribaudeau (57yo)
Independent Director
- Tenure: 3.1yrs
- Compensation: €10.50k
Evelyne Feldman (61yo)
Independent Director
- Tenure: 3.1yrs
- Compensation: €15.00k
Jane Seroussi (52yo)
Director
- Tenure: 5.0yrs
- Compensation: €8.00k
Simon Azoulay (62yo)
Chairman & CEO
- Tenure: 20.8yrs
- Compensation: €575.81k
Gérald Attia (56yo)
Deputy CEO & Director
- Tenure: 21.4yrs
- Compensation: €291.42k
Marc Eisenberg (63yo)
Independent Director
- Tenure: 5.0yrs
- Compensation: €6.00k
Company Information
Alten SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alten SA
- Ticker: ATE
- Exchange: ENXTPA
- Founded: 1988
- Industry: it consulting and other services
- Sector: software
- Market Cap: €3.231b
- Shares outstanding: 33.43m
- Website: Click here
Number of Employees
Location
- Alten SA
- 40, avenue André Morizet
- Cedex
- Boulogne-Billancourt
- Ile-de-France
- 92513
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AN3 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jan 1970 |
| ATE | ENXTPA (Euronext Paris) | Yes | Common Shares | FR | EUR | Jan 1970 |
| 0O1S | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Jan 1970 |
| ATEP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Common Shares | GB | EUR | Jan 1970 |
Biography
Alten SA operates as an engineering and technology consultancy company primarily in France, North America, Germany, Scandinavia, Spain, the United Kingdom, Italy, Belgium, the Netherlands, and the Asia-Pac ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/06/17 20:48 |
| End of Day Share Price | 2019/06/17 00:00 |
| Earnings | 2018/12/31 |
| Annual Earnings | 2018/12/31 |
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.