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Atos

OTCPK:AEXA.Y
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AEXA.Y
OTCPK
€9B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Atos SE provides information technology services and solutions worldwide. The last earnings update was 27 days ago. More info.


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AEXA.Y Share Price and Events
7 Day Returns
6.8%
OTCPK:AEXA.Y
1.7%
US IT
1.2%
US Market
1 Year Returns
-24.6%
OTCPK:AEXA.Y
15.5%
US IT
3%
US Market
AEXA.Y Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Atos (AEXA.Y) 6.8% 7.5% 28.5% -24.6% 28.5% -
US IT 1.7% 4.9% 22.3% 15.5% 80.2% 94.8%
US Market 1.2% 2.1% 14.6% 3% 39% 43.5%
1 Year Return vs Industry and Market
  • AEXA.Y underperformed the IT industry which returned 15.5% over the past year.
  • AEXA.Y underperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
AEXA.Y
Industry
5yr Volatility vs Market
Related Companies

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Atos to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Atos.

OTCPK:AEXA.Y Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 18 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:AEXA.Y
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
IT Unlevered Beta Simply Wall St/ S&P Global 1.06
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.064 (1 + (1- 33%) (58.55%))
1.323
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.32
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.323 * 6.65%)
11.53%

Discounted Cash Flow Calculation for OTCPK:AEXA.Y using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Atos is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:AEXA.Y DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 11.53%)
2019 882.45 Analyst x11 791.25
2020 967.72 Analyst x10 778.04
2021 975.96 Analyst x5 703.57
2022 989.75 Est @ 1.41% 639.77
2023 1,007.64 Est @ 1.81% 584.03
2024 1,028.65 Est @ 2.08% 534.59
2025 1,052.09 Est @ 2.28% 490.26
2026 1,077.48 Est @ 2.41% 450.21
2027 1,104.51 Est @ 2.51% 413.81
2028 1,132.95 Est @ 2.58% 380.60
Present value of next 10 years cash flows €5,766.13
OTCPK:AEXA.Y DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €1,132.95 × (1 + 2.73%) ÷ (11.53% – 2.73%)
€13,232.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €13,232.55 ÷ (1 + 11.53%)10
€4,445.27
OTCPK:AEXA.Y Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €5,766.13 + €4,445.27
€10,211.40
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €10,211.40 / 106.12
€96.22
OTCPK:AEXA.Y Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:AEXA.Y represents 0.23084x of ENXTPA:ATO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.23084x
Value per Share
(Listing Adjusted, USD)
= Value per Share (EUR) x Listing Adjustment Factor
= € 96.22 x 0.23084
$22.21
Value per share (USD) From above. $22.21
Current discount Discount to share price of $20.24
= -1 x ($20.24 - $22.21) / $22.21
8.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Atos is available for.
Intrinsic value
9%
Share price is $20.24 vs Future cash flow value of $22.21
Current Discount Checks
For Atos to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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 RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Atos's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Atos's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:AEXA.Y PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €5.94
ENXTPA:ATO Share Price ** ENXTPA (2019-03-20) in EUR €87.68
United States of America IT Industry PE Ratio Median Figure of 78 Publicly-Listed IT Companies 30.36x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.69x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Atos.

OTCPK:AEXA.Y PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:ATO Share Price ÷ EPS (both in EUR)

= 87.68 ÷ 5.94

14.75x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atos is good value based on earnings compared to the US IT industry average.
  • Atos is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Atos's expected growth come at a high price?
Raw Data
OTCPK:AEXA.Y PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.75x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts
9.8%per year
United States of America IT Industry PEG Ratio Median Figure of 64 Publicly-Listed IT Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

OTCPK:AEXA.Y PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.75x ÷ 9.8%

1.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atos is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Atos's assets?
Raw Data
OTCPK:AEXA.Y PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €56.86
ENXTPA:ATO Share Price * ENXTPA (2019-03-20) in EUR €87.68
United States of America IT Industry PB Ratio Median Figure of 122 Publicly-Listed IT Companies 4.43x
United States of America Market PB Ratio Median Figure of 5,156 Publicly-Listed Companies 1.89x
OTCPK:AEXA.Y PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:ATO Share Price ÷ Book Value per Share (both in EUR)

= 87.68 ÷ 56.86

1.54x

* Primary Listing of Atos.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atos is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Atos's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Atos has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Atos expected to perform in the next 1 to 3 years based on estimates from 18 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Atos expected to grow at an attractive rate?
  • Atos's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Atos's earnings growth is positive but not above the United States of America market average.
  • Atos's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:AEXA.Y Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:AEXA.Y Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 18 Analysts 9.8%
OTCPK:AEXA.Y Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 18 Analysts 4.1%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:AEXA.Y Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 18 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:AEXA.Y Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 15,434 1
2022-12-31 14,984 1
2021-12-31 13,894 1,538 866 7
2020-12-31 13,691 1,539 768 18
2019-12-31 13,366 1,254 709 18
OTCPK:AEXA.Y Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 12,258 1,116 630
2018-09-30 12,126 1,136 624
2018-06-30 12,689 1,156 618
2018-03-31 12,690 1,197 609
2017-12-31 11,996 1,237 601
2017-09-30 12,222 1,187 593
2017-06-30 12,448 1,138 585
2017-03-31 12,293 1,078 582
2016-12-31 12,138 1,019 579
2016-09-30 11,790 534
2016-06-30 11,441 879 488
2016-03-31 11,063 839 447

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Atos's earnings are expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).
  • Atos's revenue is expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:AEXA.Y Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 18 Analyst Estimates (S&P Global) See Below

All data from Atos Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AEXA.Y Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 7.69 8.80 6.40 4.00
2020-12-31 7.00 8.47 5.05 13.00
2019-12-31 6.51 8.30 5.36 14.00
OTCPK:AEXA.Y Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 5.94
2018-09-30 5.91
2018-06-30 5.87
2018-03-31 5.79
2017-12-31 5.72
2017-09-30 5.65
2017-06-30 5.58
2017-03-31 5.58
2016-12-31 5.58
2016-09-30 5.17
2016-06-30 4.76
2016-03-31 4.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Atos is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Atos's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Atos has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Atos performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Atos's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Atos has delivered over 20% year on year earnings growth in the past 5 years.
  • Atos's 1-year earnings growth is less than its 5-year average (4.8% vs 21.4%)
  • Atos's earnings growth has not exceeded the US IT industry average in the past year (4.8% vs 16%).
Earnings and Revenue History
Atos's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Atos Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:AEXA.Y Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 12,258.00 630.00 653.00
2018-09-30 12,126.00 624.00 655.00
2018-06-30 12,689.10 617.70 656.50
2018-03-31 12,690.10 609.20 661.00
2017-12-31 11,996.00 601.00 666.00
2017-09-30 12,221.85 592.80 660.30
2017-06-30 12,447.70 584.60 654.60
2017-03-31 12,292.70 581.70 627.55
2016-12-31 12,137.70 578.80 600.50
2016-09-30 11,789.50 533.60 589.75
2016-06-30 11,441.30 488.40 579.00
2016-03-31 11,063.40 447.30 538.90
2015-12-31 10,685.50 406.20 498.80
2015-09-30 10,250.80 359.00 444.15
2015-06-30 9,816.10 311.80 389.50
2015-03-31 9,433.65 288.50 363.10
2014-12-31 9,051.20 265.20 336.70
2014-09-30 8,776.05 243.45 317.60
2014-06-30 8,500.90 221.70 298.50
2014-03-31 8,557.75 241.65 299.05
2013-12-31 8,614.60 261.60 299.60
2013-09-30 8,691.45 249.95 311.65
2013-06-30 8,768.30 238.30 323.70
2013-03-31 8,806.30 231.05 320.00
2012-12-31 8,844.30 223.80 316.30
2012-09-30 8,773.20 203.80 309.90
2012-06-30 8,702.10 183.80 303.50
2012-03-31 7,757.30 182.70 275.85

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Atos has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Atos used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • Atos's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Atos's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Atos has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Atos's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Atos's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • 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.
Balance sheet
This treemap shows a more detailed breakdown of Atos's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Atos Company Filings, last reported 2 months ago.

OTCPK:AEXA.Y Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8,101.00 5,418.00 2,546.00
2018-09-30 8,101.00 5,418.00 2,546.00
2018-06-30 5,479.00 1,615.00 1,967.00
2018-03-31 5,479.00 1,615.00 1,967.00
2017-12-31 5,226.00 1,953.00 2,260.00
2017-09-30 5,226.00 1,953.00 2,260.00
2017-06-30 4,862.70 1,673.80 2,015.90
2017-03-31 4,862.70 1,673.80 2,015.90
2016-12-31 4,835.20 1,688.30 2,016.50
2016-09-30 4,835.20 1,688.30 2,016.50
2016-06-30 3,978.80 1,504.50 1,741.10
2016-03-31 3,978.80 1,504.50 1,741.10
2015-12-31 4,097.10 1,353.90 1,946.80
2015-09-30 4,097.10 1,353.90 1,946.80
2015-06-30 3,781.20 1,582.00 1,936.00
2015-03-31 3,781.20 1,582.00 1,936.00
2014-12-31 3,402.10 631.20 1,620.30
2014-09-30 3,402.10 631.20 1,620.30
2014-06-30 3,549.10 705.50 922.20
2014-03-31 3,549.10 705.50 922.20
2013-12-31 2,939.20 400.80 1,306.20
2013-09-30 2,939.20 400.80 1,306.20
2013-06-30 2,444.40 872.10 1,230.80
2013-03-31 2,444.40 872.10 1,230.80
2012-12-31 2,379.30 927.70 1,159.70
2012-09-30 2,379.30 927.70 1,159.70
2012-06-30 2,345.40 944.40 1,048.00
2012-03-31 2,345.40 944.40 1,048.00
  • Atos's level of debt (66.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (13.7% vs 66.9% today).
  • Debt is well covered by operating cash flow (20.6%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 33.8x coverage).
X
Financial health checks
We assess Atos's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Atos has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Atos dividends. Estimated to be 2.27% next year.
If you bought $2,000 of Atos shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Atos's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Atos's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:AEXA.Y Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 18 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 33 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2004 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:AEXA.Y Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 2.19 7.00
2020-12-31 2.03 18.00
2019-12-31 1.86 18.00
OTCPK:AEXA.Y Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-02-22 0.000 0.000
2018-05-24 1.700 1.892
2017-05-24 1.600 1.304
2016-05-26 1.100 1.148
2015-05-28 0.800 1.119
2014-05-27 0.700 1.138
2013-05-30 0.600 0.980
2012-07-27 0.500 0.947
2012-05-30 0.500 1.098
2011-06-01 0.500 1.343
2009-07-30 0.000 0.000
2009-06-01 0.000 0.000
2009-03-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Atos has not reported any payouts.
  • Unable to verify if Atos's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Atos's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Atos has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.7x coverage).
X
Income/ dividend checks
We assess Atos's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Atos afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Atos has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Thierry Breton
COMPENSATION €0
AGE 63
TENURE AS CEO 10.1 years
CEO Bio

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.) since 2009. Mr. Breton serves as the Chairman and Chief Executive Officer at Atos Origin, Inc. He served as a Consultant and Senior Advisor at KKR & Co. L.P. (formerly Kohlberg Kravis Roberts & Co. L.P.). Mr. Breton served as Executive Officer at Oasis Group, Inc. He served as Chief Executive Officer and President at France Telecom EGT. He served as Chairman of Management Board at Atos SE since November 2008. He served as the Chief Executive Officer of CGI Group, Inc. Mr. Breton served as the Chief Executive Officer of Orange since October 2002. He served as Chief Executive Officer of France Telecom S.A. from October 2002 to February 2005. He served as Executive Managing Director and then a delegate director - Vice Chairman of the Bull Group from 1993 to 1996. He also served as Chairman and Chief Executive Officer of Thomson SA and Thomson Multimedia from 1997 to October 2002. From 1990 to March 1993, he served as Chief Executive Officer of Futuroscope from 1986 to 1990 and Forma Systems from 1981 to 1986. Mr. Breton served as Advisor to the French Ministry of National Education, in charge of information technology and new technologies from 1986 to 1988. He served as Project Manager/Managing Director of the Futuroscope Teleport business park in Poitiers from 1986 to 1990 and then headed its teleport operations. He served as Chief Executive Officer and Executive Vice President of CGI Group from 1990 to 1993. He served as President of the technology university of Troyes and from 1993 to 1997, he served as Executive Chairman. He served as the President of Ministere de l'Economie, des Finances et de l'Industrie. He has been the Chairman of the Board of Directors of Worldline S.A./N.V. since April 30, 2014. He serves as Chairman of Worldline at Atos SE. He served as Chairman of the Board of Bull Group. from 1993 to 1997. He served as Chairman of Forma Systèmes from 1981 to 1986. He served as Chairman of France Telecom SA from October 02, 2002 to February 2005 and Orange Holding S.A. since November 5, 2002. He also served in the Poitou-Charentes Regional Council from 1986 to 1992 (as Vice-Chairman from 1988 on). He then joined Bull as Director of Strategy and Development before becoming Deputy Managing Director. He was France’s Minister for the Economy, Finance and Industry between February 25, 2005 and May 16, 2007, before becoming a professor at Harvard University (USA) for “Leadership, Corporate Accountability”. He served as Chairman of the Board at Orange S.A. from November 05, 2002 to February 2005. He has been a Director of Atos Origin, Inc since 2009 and Sonatel S.A. since December 18, 2013. He serves as Member of International Advisory Board at PlaNet Finance SA. Mr. Breton serves as a Director or Supervisory Board Member of Bouygues Telecom, Cnes and La Poste. He serves as Director of Atos SE. He served as Independent Non-Executive Director At SATS Ltd from October 1, 2015 to July 19, 2018. He has been an Independent Director of Carrefour SA since July 28, 2008. He served as a Director at Orange until February 2005. He served as Governor of Inter-American Development Bank. He held the position during the last five year in Atos International SAS as Chief Executive Officer. He served as Member of Board of Governors - France at Asian Development Bank. He served as Governor of The European Bank for Reconstruction and Development. He served as Member of Advisory Council at Banque de France. He served as Chairman of Board of Governors at European Investment Bank. He served as a Director of Belfius Banque SA/NV (alternate name, Belfius Bank SA/NV). He served as a Director of Schneider Electric S.A. since 2000. He served as Director of Dexia SA since 2000. He served as an Independent Director of Dexia Bank Belgium NV until February 28, 2005. Mr. Breton served as a Member of the Supervisory Board of Equant NV from February 19, 2003 to December 2004. He served as a Member of Supervisory Board at ENV International N.V. from February 19, 2003 to December 2004. He served as a Director of France Telecom until February 2005. He served as Member of supervisory board at AXA Group from May 2001 to February 28, 2005. He served as Director of Rhodia SA since 1998. He served as Director of Thomsan S.A. and Technicolor SA (Thomson Multimedia ) from March 1997 to February 27, 2005. He has also been President of the French National Association for Research and Technology (ANRT) since March 2015 and member of the National Academy of Technologies (France) since 2015. He was Vice Chairman and Chief Executive Officer of Honeywell Bull Group. He is Council Member of Bank of America Advisory. He was a Member of the Board of Directors of Bull since February 1996. He was France's former Minister of Economy, Finance and Industry from February 2005 to May 2007. He received French Legion d’Honneur (Commandeur) in 2015, French National Order of Merit (Grand Officier) in 2012 and European Business Leader of the year in 2004. Mr. Breton is graduated with Master of Engineering from Ecole suprieure dlectricit (Supelec) Paris and also graduated from the 46th session of the Institut des hautes tudes de dfense nationale (IHEDN).

CEO Compensation
  • Thierry's compensation has been consistent with company performance over the past year.
  • Thierry's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Atos management team in years:

4.1
Average Tenure
59
Average Age
  • The tenure for the Atos management team is about average.
Management Team

Thierry Breton

TITLE
Chairman & CEO
AGE
63
TENURE
10.1 yrs

Elie Girard

TITLE
Senior Executive VP & CFO
AGE
39
TENURE
4.1 yrs

Sophie Proust

TITLE
Chief Technology Officer
TENURE
0.1 yrs

Gilles Arditti

TITLE
Head of Investor Relations & Financial Communications
AGE
63
TENURE
3.7 yrs

Alexandre Menais

TITLE
General Secretary and Head of M&A
TENURE
2.2 yrs

Marc Meyer

TITLE
Head of Executive & Talent Management
AGE
59
TENURE
5.2 yrs

Philippe Mareine

TITLE
Head of HR
AGE
47
TENURE
5.2 yrs

Ryan Schebler

TITLE
Senior Vice President of North America

Patrick Adiba

TITLE
Head of Unified Communication & Collaboration and CEO of Olympics & Major Events
TENURE
4.9 yrs

Peter Jong

TITLE
Head of Benelux & The Nordics
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the Atos board of directors in years:

9.4
Average Tenure
62
Average Age
  • The tenure for the Atos board of directors is about average.
Board of Directors

Thierry Breton

TITLE
Chairman & CEO
AGE
63
TENURE
10.1 yrs

Keith Wilman

TITLE
Chairman of UK & Ireland
TENURE
7.2 yrs

Vernon Sankey

TITLE
Independent Director
COMPENSATION
€49K
AGE
69
TENURE
10.1 yrs

Nicolas Bazire

TITLE
Independent Director
COMPENSATION
€46K
AGE
61
TENURE
10.1 yrs

Colette Neuville

TITLE
Independent Director
COMPENSATION
€40K
AGE
81
TENURE
8.9 yrs

Bertrand Meunier

TITLE
Independent Director
COMPENSATION
€49K
AGE
62
TENURE
10.1 yrs

Jean Fleming

TITLE
Director
COMPENSATION
€35K
AGE
49
TENURE
9.8 yrs

Aminata Niane

TITLE
Director
COMPENSATION
€41K
AGE
62
TENURE
8.8 yrs

Roland Busch

TITLE
Director
COMPENSATION
€32K
AGE
54
TENURE
7.7 yrs

Lynn Paine

TITLE
Independent Director
COMPENSATION
€42K
AGE
69
TENURE
5.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Atos's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Atos has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

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 platform solutions, big data, and cybersecurity products and services, as well as transactional services. The company’s solutions include automated help and interaction centers, cloud and mobile solutions, unified communications and collaboration tools; Atos Codex, a suite of business-driven analytics and IOT solutions and services; business process outsourcing; business and platform solutions for mobile apps and devices, as well as SaaS integration; and computing platforms, security solutions, software appliances, and services. It also offers payments and transactional services. The company primarily operates under the Atos, Atos Consulting, Atos Worldgrid, Bull, Canopy, Unify, and Worldline brands. It serves aerospace, defense, financial services, health, manufacturing, media, utilities, public sector, retail, telecommunications, and transportation sectors. Atos SE was incorporated in 1982 and is headquartered in Bezons, France.

Details
Name: Atos SE
AEXA.Y
Exchange: OTCPK
Founded: 1982
€10,507,539,701
106,123,741
Website: http://www.atos.net
Address: Atos SE
River Ouest,
80 Quai Voltaire,
Bezons,
Ile-de-France, 95870,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA ATO Bearer Shares Euronext Paris FR EUR 02. Jan 1992
OTCPK AEXA.F Bearer Shares Pink Sheets LLC US USD 02. Jan 1992
DB AXI Bearer Shares Deutsche Boerse AG DE EUR 02. Jan 1992
LSE 0DNH Bearer Shares London Stock Exchange GB EUR 02. Jan 1992
WBAG ATO Bearer Shares Wiener Boerse AG AT EUR 02. Jan 1992
BATS-CHIXE ATOP Bearer Shares BATS 'Chi-X Europe' GB EUR 02. Jan 1992
OTCPK AEXA.Y ADR Pink Sheets LLC US USD 07. Oct 2008
ENXTPA ATONV EUR1 (RFD 01/01/2019) Euronext Paris FR EUR 02. Jan 2019
Number of employees
Current staff
Staff numbers
113,278
Atos employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 00:19
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/13
Last earnings filing: 2019/02/22
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.