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Alstom SA
PAR:ALO

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Alstom SA
PAR:ALO
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Price: 17.045 EUR 0.26% Market Closed
Market Cap: €7.9B

EV/EBIT

14.2
Current
26%
Cheaper
vs 3-y average of 19.2

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
14.2
=
Enterprise Value
€16.5B
/
EBIT
€753m

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
14.2
=
Enterprise Value
€16.5B
/
EBIT
€753m

Valuation Scenarios

Alstom SA is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (19.2), the stock would be worth €23 (35% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-7%
Maximum Upside
+54%
Average Upside
30%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 14.2 €17.05
0%
3-Year Average 19.2 €23
+35%
5-Year Average 21.9 €26.23
+54%
Industry Average 19.8 €23.7
+39%
Country Average 13.2 €15.89
-7%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
€16.5B
/
Oct 2025
€753m
=
14.2
Current
€16.5B
/
Mar 2026
€1.2B
=
14.2
Forward
€16.5B
/
Mar 2027
€1.4B
=
11.9
Forward
€16.5B
/
Mar 2028
€1.6B
=
10.5
Forward
€16.5B
/
Mar 2029
€1.7B
=
9.5
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
FR
Alstom SA
PAR:ALO
7.9B EUR 14.2 24.8
US
Caterpillar Inc
NYSE:CAT
390.9B USD 33.2 44
US
Cummins Inc
NYSE:CMI
90.7B USD 23.5 31.9
SE
Volvo AB
STO:VOLV B
645B SEK 14.3 18.7
US
Paccar Inc
NASDAQ:PCAR
66.7B USD 19.5 28.1
KR
Hyundai Heavy Industries Co Ltd
KRX:329180
67.3T KRW 31.5 45.8
US
Westinghouse Air Brake Technologies Corp
NYSE:WAB
46B USD 25.7 39.3
CN
China CSSC Holdings Ltd
SSE:600150
290.5B CNY 29.7 40.4
DE
Daimler Truck Holding AG
XETRA:DTG
33.6B EUR 14.8 17
JP
Komatsu Ltd
TSE:6301
6.3T JPY 11.7 15.7
JP
Toyota Industries Corp
TSE:6201
6.2T JPY 53.8 30.6

Market Distribution

In line with most companies in France
Percentile
57th
Based on 1 432 companies
57th percentile
14.2
Low
0 — 9.5
Typical Range
9.5 — 17.5
High
17.5 —
Distribution Statistics
France
Min 0
30th Percentile 9.5
Median 13.2
70th Percentile 17.5
Max 1 862.3

Alstom SA
Glance View

Alstom SA, a titan of the global rail industry, traces its roots back to 1928 in France, emerging as a pivotal player in the realm of transportation solutions. Over the decades, Alstom has woven itself into the infrastructure of urban mobility and rail network systems across continents. The company excels in designing and manufacturing high-speed trains, metro systems, trams, and e-buses. Renowned for its expertise, Alstom doesn't just stop at hardware; it delves deep into the digital sphere with intelligent transport systems that streamline operations and enhance passenger experiences. By integrating sustainable practices and cutting-edge technology, Alstom helps shape the future of connected and eco-friendly transit. What distinguishes Alstom is its multifaceted revenue model. Beyond manufacturing, it garners significant earnings from maintenance services and solutions that ensure rail systems operate at peak efficiency, offering long-term contracts that provide a steady income stream. Its digital and signaling solutions, a burgeoning aspect of its portfolio, cater to the increasing demand for smart infrastructure. These services improve traffic management and reduce operational costs for operators, further cementing Alstom’s role as an indispensable partner for transport systems worldwide. This balanced mix of products and services allows Alstom not only to survive but thrive and innovate in the competitive landscape of transportation, positioning itself as a linchpin for future urban mobility demands.

ALO Intrinsic Value
24.401 EUR
Undervaluation 30%
Intrinsic Value
Price €17.045
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