Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 2/6 |
Past Performance | 5/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
ATE Stock Overview
Alten S.A. operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Spain, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally.
Rewards
Risk Analysis
No risks detected for ATE from our risk checks.
Alten Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | €105.30 |
52 Week High | €163.30 |
52 Week Low | €103.20 |
Beta | 1.53 |
1 Month Change | -15.42% |
3 Month Change | -23.42% |
1 Year Change | -5.81% |
3 Year Change | -3.31% |
5 Year Change | 47.34% |
Change since IPO | 875.00% |
Recent News & Updates
Return Trends At Alten (EPA:ATE) Aren't Appealing
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Are Investors Undervaluing Alten S.A. (EPA:ATE) By 37%?
How far off is Alten S.A. ( EPA:ATE ) from its intrinsic value? Using the most recent financial data, we'll take a look...
Alten (EPA:ATE) Seems To Use Debt Rather Sparingly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
ATE | FR IT | FR Market | |
---|---|---|---|
7D | -2.7% | -2.6% | 2.2% |
1Y | -5.8% | -21.8% | -10.6% |
Return vs Industry: ATE exceeded the French IT industry which returned -19.9% over the past year.
Return vs Market: ATE exceeded the French Market which returned -10.6% over the past year.
Price Volatility
ATE volatility | |
---|---|
ATE Average Weekly Movement | 4.7% |
IT Industry Average Movement | 5.0% |
Market Average Movement | 4.9% |
10% most volatile stocks in FR Market | 9.1% |
10% least volatile stocks in FR Market | 2.9% |
Stable Share Price: ATE is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: ATE's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1988 | 42,300 | Simon Azoulay | https://www.alten.com |
Alten S.A. operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Spain, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally. The company undertakes design and research projects for the technical and information systems divisions in the industrial, telecommunications, and service sectors. It offers engineering, and research and development outsourcing services, such as digital transformation; product design and development; manufacturing engineering; supply chain and quality; customer service and training; and project and change management services.
Alten Fundamentals Summary
ATE fundamental statistics | |
---|---|
Market Cap | €3.58b |
Earnings (TTM) | €207.84m |
Revenue (TTM) | €2.93b |
17.2x
P/E Ratio1.2x
P/S RatioIs ATE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
ATE income statement (TTM) | |
---|---|
Revenue | €2.93b |
Cost of Revenue | €2.32b |
Gross Profit | €603.92m |
Other Expenses | €396.08m |
Earnings | €207.84m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Jul 27, 2022
Earnings per share (EPS) | 6.12 |
Gross Margin | 20.65% |
Net Profit Margin | 7.11% |
Debt/Equity Ratio | 6.5% |
How did ATE perform over the long term?
See historical performance and comparisonDividends
1.2%
Current Dividend Yield21%
Payout RatioValuation
Is ATE undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ATE?
Other financial metrics that can be useful for relative valuation.
What is ATE's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | €3.58b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.2x |
Enterprise Value/EBITDA | 11.3x |
PEG Ratio | 1.5x |
Price to Earnings Ratio vs Peers
How does ATE's PE Ratio compare to its peers?
ATE PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 17.2x | ||
SOP Sopra Steria Group | 15.6x | 17.1% | €2.9b |
WAVE Wavestone | 17.2x | 1.1% | €879.8m |
NRO Neurones | 22.9x | 9.7% | €862.4m |
SII SII | 13.1x | 3.1% | €776.0m |
ATE Alten | 17.2x | 11.4% | €3.6b |
Price-To-Earnings vs Peers: ATE is expensive based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (17.2x).
Price to Earnings Ratio vs Industry
How does ATE's PE Ratio compare vs other companies in the FR IT Industry?
Price-To-Earnings vs Industry: ATE is good value based on its Price-To-Earnings Ratio (17.2x) compared to the French IT industry average (19.9x)
Price to Earnings Ratio vs Fair Ratio
What is ATE's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 17.2x |
Fair PE Ratio | 29.1x |
Price-To-Earnings vs Fair Ratio: ATE is good value based on its Price-To-Earnings Ratio (17.2x) compared to the estimated Fair Price-To-Earnings Ratio (29.1x).
Share Price vs Fair Value
What is the Fair Price of ATE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ATE (€105.3) is trading below our estimate of fair value (€209.1)
Significantly Below Fair Value: ATE is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: ATE is poor value based on its PEG Ratio (1.5x)
Discover undervalued companies
Future Growth
How is Alten forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATE's forecast earnings growth (11.4% per year) is above the savings rate (0.3%).
Earnings vs Market: ATE's earnings (11.4% per year) are forecast to grow slower than the French market (11.8% per year).
High Growth Earnings: ATE's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATE's revenue (10.2% per year) is forecast to grow faster than the French market (5.9% per year).
High Growth Revenue: ATE's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATE's Return on Equity is forecast to be low in 3 years time (14.1%).
Discover growth companies
Past Performance
How has Alten performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATE has high quality earnings.
Growing Profit Margin: ATE's current net profit margins (7.1%) are higher than last year (4.2%).
Past Earnings Growth Analysis
Earnings Trend: ATE's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: ATE's earnings growth over the past year (112.1%) exceeds its 5-year average (3.1% per year).
Earnings vs Industry: ATE earnings growth over the past year (112.1%) exceeded the IT industry 22%.
Return on Equity
High ROE: ATE's Return on Equity (14.6%) is considered low.
Discover strong past performing companies
Financial Health
How is Alten's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: ATE's short term assets (€1.4B) exceed its short term liabilities (€920.6M).
Long Term Liabilities: ATE's short term assets (€1.4B) exceed its long term liabilities (€287.8M).
Debt to Equity History and Analysis
Debt Level: ATE has more cash than its total debt.
Reducing Debt: ATE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ATE's debt is well covered by operating cash flow (250.6%).
Interest Coverage: ATE's interest payments on its debt are well covered by EBIT (101.3x coverage).
Balance Sheet
Discover healthy companies
Dividend
What is Alten current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.23%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATE's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the French market (1.76%).
High Dividend: ATE's dividend (1.23%) is low compared to the top 25% of dividend payers in the French market (5.46%).
Stability and Growth of Payments
Stable Dividend: ATE's dividend payments have been volatile in the past 10 years.
Growing Dividend: ATE's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.2%), ATE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.5%), ATE's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
9.4yrs
Average management tenure
CEO
Simon Azoulay (65 yo)
23.75yrs
Tenure
€806,000
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
Compensation vs Market: Simon's total compensation ($USD843.89K) is below average for companies of similar size in the French market ($USD1.90M).
Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ATE's management team is seasoned and experienced (9.4 years average tenure).
Board Members
Experienced Board: ATE's board of directors are considered experienced (8 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Alten S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Alten S.A.
- Ticker: ATE
- Exchange: ENXTPA
- Founded: 1988
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: €3.576b
- Shares outstanding: 33.96m
- Website: https://www.alten.com
Number of Employees
Location
- Alten S.A.
- 40, avenue André Morizet
- Cedex
- Boulogne-Billancourt
- Ile-de-France
- 92513
- France
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/29 00:00 |
End of Day Share Price | 2022/06/29 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.