ENXTPA:ATO

Stock Analysis Report

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Executive Summary

Atos SE provides digital transformation solutions and services worldwide. More Details


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

How has Atos's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.2%

ATO

1.4%

FR IT

-0.6%

FR Market


1 Year Return

8.7%

ATO

11.6%

FR IT

-7.7%

FR Market

Return vs Industry: ATO underperformed the French IT industry which returned 11.6% over the past year.

Return vs Market: ATO exceeded the French Market which returned -7.7% over the past year.


Shareholder returns

ATOIndustryMarket
7 Day-0.2%1.4%-0.6%
30 Day0.8%5.0%2.0%
90 Day-4.8%11.4%1.5%
1 Year8.7%8.7%12.3%11.6%-5.7%-7.7%
3 Year-24.8%-45.0%20.7%8.2%8.5%-0.9%
5 Year45.0%3.2%91.2%68.7%40.7%21.7%

Price Volatility Vs. Market

How volatile is Atos's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

7.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATO (€70.96) is trading below our estimate of fair value (€76.33)

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


Price To Earnings Ratio

PE vs Industry: ATO is good value based on its PE Ratio (13.7x) compared to the FR IT industry average (19.4x).

PE vs Market: ATO is good value based on its PE Ratio (13.7x) compared to the French market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: ATO is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: ATO is good value based on its PB Ratio (1.1x) compared to the FR IT industry average (2x).


Next Steps

Future Growth

How is Atos forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

11.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATO's forecast earnings growth (11.9% per year) is above the savings rate (0.6%).

Earnings vs Market: ATO's earnings (11.9% per year) are forecast to grow slower than the French market (24.6% per year).

High Growth Earnings: ATO's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATO's revenue (0.6% per year) is forecast to grow slower than the French market (6.7% per year).

High Growth Revenue: ATO's revenue (0.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATO's Return on Equity is forecast to be low in 3 years time (10.9%).


Next Steps

Past Performance

How has Atos performed over the past 5 years?

0.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATO has high quality earnings.

Growing Profit Margin: ATO's current net profit margins (4.9%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: ATO's earnings have grown by 0.8% per year over the past 5 years.

Accelerating Growth: ATO's earnings growth over the past year (31.2%) exceeds its 5-year average (0.8% per year).

Earnings vs Industry: ATO earnings growth over the past year (31.2%) exceeded the IT industry 1.2%.


Return on Equity

High ROE: ATO's Return on Equity (7.9%) is considered low.


Next Steps

Financial Health

How is Atos's financial position?


Financial Position Analysis

Short Term Liabilities: ATO's short term assets (€7.8B) exceed its short term liabilities (€6.0B).

Long Term Liabilities: ATO's short term assets (€7.8B) exceed its long term liabilities (€5.3B).


Debt to Equity History and Analysis

Debt Level: ATO's debt to equity ratio (56.6%) is considered high.

Reducing Debt: ATO's debt to equity ratio has increased from 40.7% to 56.6% over the past 5 years.

Debt Coverage: ATO's debt is well covered by operating cash flow (29.1%).

Interest Coverage: ATO's interest payments on its debt are well covered by EBIT (11.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Atos's current dividend yield, its reliability and sustainability?

2.07%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ATO'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 ATO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ATO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ATO is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATO'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?

2.9yrs

Average management tenure


CEO

Elie Girard (42 yo)

0.83

Tenure

€1,859,141

Compensation

Mr. Elie Girard has been Chief Executive Officer and Director of Atos S.E. since November 1, 2019 and December 16, 2019, respectively. He served as Deputy CEO at Atos S.E. since March 2019 until November 1 ...


CEO Compensation Analysis

Compensation vs Market: Elie's total compensation ($USD2.20M) is below average for companies of similar size in the French market ($USD3.54M).

Compensation vs Earnings: Insufficient data to compare Elie's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Elie Girard
CEO & Director0.83yr€1.86m0.038%
€ 3.0m
Uwe Stelter
Chief Financial Officer0.83yrno datano data
Eric Grall
Head of Manufacturing & COO1.67yrsno datano data
Sophie Proust
Chief Technology Officer1.58yrsno datano data
Gilles Arditti
Head of Investor Relations & Internal Audit5.17yrsno datano data
Marc Meyer
Head of Marketing & Communications and Executives6.67yrsno datano data
Paul Peterson
Head of Human Resources0.67yrno datano data
Peter Jong
Head of Northern Europe4.17yrsno datano data
Philippe Mareine
Chief Digital & Transformation Officer and Head of CSR0.67yrno datano data
Ursula Morgenstern
Head of Central Europe7yrsno datano data
Adrian Gregory
Head of Financial Services & Insurance and Atos- Syntel5.17yrsno datano data
Hirata Yawara
Managing Director of Japan Operations4.83yrsno datano data

2.9yrs

Average Tenure

56.5yo

Average Age

Experienced Management: ATO's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Elie Girard
CEO & Director0.83yr€1.86m0.038%
€ 3.0m
Pierre Barnabé
Head of Public Sector & Defense and Big Data & Cybersecurity0.83yrno datano data
Bertrand Meunier
Independent Non-Executive Chairman0.83yr€98.33k0.0036%
€ 283.9k
Vernon Sankey
Independent Director11.58yrs€66.50k0.0012%
€ 92.0k
Keith Wilman
Chairman of UK & Ireland8.67yrsno datano data
Valerie Irene Amelie Bernis
Independent Director5.42yrs€43.50k0.00046%
€ 35.9k
Colette Neuville
Independent Director10.42yrs€37.50k0.00092%
€ 71.8k
Vivek Badrinath
Independent Director1.42yrs€25.98k0.00045%
€ 35.1k
Lynn Paine
Independent Director7.33yrs€49.00k0.00091%
€ 71.0k
Jean Fleming
Director11.33yrs€38.00k0.0014%
€ 106.1k
Aminata Niane
Lead Independent Director1.42yrs€62.50k0.00092%
€ 71.8k
Farès Louis
Employee Representative Director1.42yrsno datano data

3.4yrs

Average Tenure

63yo

Average Age

Experienced Board: ATO's board of directors are considered experienced (3.4 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

Atos SE's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atos SE
  • Ticker: ATO
  • Exchange: ENXTPA
  • Founded: 1982
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €7.801b
  • Shares outstanding: 109.93m
  • Website: https://www.atos.net

Number of Employees


Location

  • Atos SE
  • River Ouest
  • 80 Quai Voltaire
  • Bezons
  • Ile-de-France
  • 95877
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATOENXTPA (Euronext Paris)YesBearer SharesFREURJan 1992
AXIDB (Deutsche Boerse AG)YesBearer SharesDEEURJan 1992
0DNHLSE (London Stock Exchange)YesBearer SharesGBEURJan 1992
AEXA.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJan 1992
ATOPBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJan 1992
ATOWBAG (Wiener Boerse AG)YesBearer SharesATEURJan 1992
AXIETLX (Eurotlx)YesBearer SharesITEURJan 1992
AEXA.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 2008

Biography

Atos SE provides digital transformation solutions and services worldwide. It offers cloud, cybersecurity, and computing solutions comprising orchestrated hybrid cloud, big data, business applications, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/20 03:22
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.