ENXTPA:ATO

Stock Analysis Report

Executive Summary

Atos SE provides information technology services and solutions worldwide.

Snowflake

Fundamentals

Good value with adequate balance sheet.


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


Market Performance


7 Day Return

-1.0%

ENXTPA:ATO

0.8%

FR IT

0.3%

FR Market


1 Year Return

-35.5%

ENXTPA:ATO

-4.1%

FR IT

3.0%

FR Market

ATO underperformed the IT industry which returned -4.5% over the past year.

ATO underperformed the Market in France which returned 3.1% over the past year.


Share holder returns

ATOIndustryMarket
7 Day-1.0%0.8%0.3%
30 Day1.0%0.6%5.0%
90 Day-8.1%3.2%0.8%
1 Year-13.1%-35.5%2.6%-4.1%6.6%3.0%
3 Year0.2%-27.7%38.9%24.1%45.8%31.8%
5 Year61.4%13.7%132.9%102.0%60.8%37.2%

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 based on future cash flows and its price relative to the stock market?

13%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Atos's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Atos's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Atos is good value based on earnings compared to the FR IT industry average.

Atos is good value based on earnings compared to the France market.


Price Based on Expected Growth

Atos is good value based on expected growth next year.


Price Based on Value of Assets

Atos is good value based on assets compared to the FR IT industry average.


Next Steps

Future Growth

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

15.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Atos's revenue is expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).

Atos's earnings are expected to grow by 15.7% yearly, however this is not considered high growth (20% yearly).

Atos's revenue growth is positive but not above the France market average.

Atos's earnings growth is expected to exceed the France market average.

Atos's earnings growth is expected to exceed the low risk savings rate of 0.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Atos is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Atos performed over the past 5 years?

16.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Atos's year on year earnings growth rate has been positive over the past 5 years.

Atos's 1-year earnings growth is less than its 5-year average (4% vs 16.8%)

Atos's earnings growth has not exceeded the FR IT industry average in the past year (4% vs 13.6%).


Return on Equity

Atos has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Atos used its assets less efficiently than the FR IT industry average last year based on Return on Assets.


Return on Capital Employed

Atos's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Atos's financial position?


Financial Position Analysis

Atos is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Atos's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Atos's level of debt (75.7%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (19.6% vs 75.7% today).

Debt is well covered by operating cash flow (28.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 15.7x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

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

2.69%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Atos's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.57%).

Atos's dividend is below the markets top 25% of dividend payers in France (4.52%).

Whilst dividend payments have been stable, Atos has been paying a dividend for less than 10 years.

Dividend payments have increased, but Atos only paid a dividend in the past 8 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (4.9x coverage).


Next Steps

Management

What is the CEO of Atos's salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Thierry Breton (64yo)

10.6yrs

Tenure

0

Mr. Thierry Jacques Lucien Breton serves as the Chairman of the Board at Worldline S.A. since April 30, 2014. He has been the Chairman and Chief Executive Officer of Atos SE (alternate name, Atos S.A.) sin ...


CEO Compensation Analysis

Thierry's remuneration is lower than average for companies of similar size in France.

Thierry's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.6yrs

Average Tenure

60yo

Average Age

The tenure for the Atos management team is about average.


Board Age and Tenure

9.9yrs

Average Tenure

63yo

Average Age

The tenure for the Atos board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Thierry Breton (64yo)

    Chairman & CEO

    • Tenure: 10.6yrs
  • Marc Meyer (60yo)

    Head of Executive & Talent Management

    • Tenure: 5.7yrs
  • Patrick Adiba

    Head of Unified Communication & Collaboration and CEO of Olympics & Major Events

    • Tenure: 5.4yrs
  • Gilles Arditti (64yo)

    Head of Investor Relations & Financial Communications

    • Tenure: 4.2yrs
  • Peter Jong

    Head of Benelux & The Nordics

    • Tenure: 3.2yrs
  • Jean-Marie Simon

    Group Head of Institutional Relations

    • Tenure: 0yrs
  • Philippe Mareine (48yo)

    Head of HR

    • Tenure: 5.7yrs
  • Elie Girard (41yo)

    Deputy CEO

    • Tenure: 4.6yrs
  • Alexandre Menais

    General Secretary and Head of M&A

    • Tenure: 2.7yrs
  • Sophie Proust

    Chief Technology Officer

    • Tenure: 0.6yrs

Board Members

  • Nicolas Bazire (62yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: €45.50k
  • Bertrand Meunier (63yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: €49.25k
  • Thierry Breton (64yo)

    Chairman & CEO

    • Tenure: 10.6yrs
  • Vernon Sankey (70yo)

    Independent Director

    • Tenure: 10.6yrs
    • Compensation: €48.50k
  • Keith Wilman

    Chairman of UK & Ireland

    • Tenure: 7.7yrs
  • Colette Neuville (82yo)

    Independent Director

    • Tenure: 9.4yrs
    • Compensation: €39.50k
  • Lynn Paine (70yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: €41.75k
  • Roland Busch (55yo)

    Director

    • Tenure: 8.2yrs
    • Compensation: €32.00k
  • Jean Fleming (50yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: €35.00k
  • Aminata Niane (63yo)

    Lead Independent Director

    • Tenure: 0.4yrs
    • Compensation: €41.00k

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: €7.250b
  • Shares outstanding: 108.79m
  • 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
AEXA.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 2008

Biography

Atos SE provides information technology services and solutions worldwide. It offers infrastructure and data management services, including cloud services and digital workplace services, business and platfo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 20:43
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.