Alten SA
XBER:AN3

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Alten SA
XBER:AN3
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Price: 72.65 EUR Market Closed
Market Cap: €3.8B

EV/EBITDA

3.9
Current
49%
Cheaper
vs 3-y average of 7.6

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

EV/EBITDA
3.9
=
Enterprise Value
€1.9B
/
EBITDA
€491.2m

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

EV/EBITDA
3.9
=
Enterprise Value
€1.9B
/
EBITDA
€491.2m

Valuation Scenarios

Alten SA is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (7.6), the stock would be worth €142.77 (97% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+137%
Average Upside
109%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 3.9 €72.65
0%
3-Year Average 7.6 €142.77
+97%
5-Year Average 9.1 €172.11
+137%
Industry Average 8.2 €154.58
+113%
Country Average 7.3 €137.13
+89%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
€1.9B
/
Jan 2026
€491.2m
=
3.9
Current
€1.9B
/
Dec 2026
€436.4m
=
4.4
Forward
€1.9B
/
Dec 2027
€490.4m
=
4
Forward
€1.9B
/
Dec 2028
€494.2m
=
3.9
Forward

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

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
FR
Alten SA
XBER:AN3
2.1B EUR 3.9 19.3
US
International Business Machines Corp
NYSE:IBM
235.4B USD 17.5 22.2
JP
BrainPad Inc
TSE:3655
20.9T JPY 37.9 551.4
IE
Accenture PLC
NYSE:ACN
116.9B USD 8.1 15.3
IN
Tata Consultancy Services Ltd
NSE:TCS
9.4T INR 12.3 19.1
IN
Infosys Ltd
NSE:INFY
5.3T INR 12 18.4
JP
Fujitsu Ltd
TSE:6702
6.8T JPY 12.4 14.3
IN
HCL Technologies Ltd
NSE:HCLTECH
3.9T INR 12.1 21.1
JP
NEC Corp
TSE:6701
6T JPY 12.6 24.5
JP
NTT Data Group Corp
DUS:NT5
30.3B EUR 9.9 38.8
JP
NTT Data Corp
TSE:9613
5.6T JPY 9.9 39.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
FR
Alten SA
XBER:AN3
Average EV/EBITDA: 13.5
3.9
0%
N/A
US
International Business Machines Corp
NYSE:IBM
17.5
13%
1.3
JP
BrainPad Inc
TSE:3655
37.9
N/A N/A
IE
Accenture PLC
NYSE:ACN
8.1
7%
1.2
IN
Tata Consultancy Services Ltd
NSE:TCS
12.3
9%
1.4
IN
Infosys Ltd
NSE:INFY
12
8%
1.5
JP
Fujitsu Ltd
TSE:6702
12.4
13%
1
IN
HCL Technologies Ltd
NSE:HCLTECH
12.1
9%
1.3
JP
NEC Corp
TSE:6701
12.6
14%
0.9
JP
N
NTT Data Group Corp
DUS:NT5
9.9
12%
0.8
JP
NTT Data Corp
TSE:9613
9.9
12%
0.8

Market Distribution

In line with most companies in France
Percentile
51st
Based on 1 558 companies
51st percentile
7.5
Low
0.1 — 5.3
Typical Range
5.3 — 11.7
High
11.7 —
Distribution Statistics
France
Min 0.1
30th Percentile 5.3
Median 7.3
70th Percentile 11.7
Max 1 862.3

Alten SA
Glance View

Market Cap
3.8B EUR
Industry
Technology

Alten SA stands as a beacon of innovation within the consulting and engineering sector, with its roots tracing back to the bustling business hub of France. Established in 1988, this company has woven itself intricately into the fabric of technological advancement, providing bespoke engineering and IT services to a diverse array of industries, including aerospace, automotive, finance, and healthcare. Alten’s business model is a well-oiled machine that works by aligning specialized experts with the complex needs of its clients, helping them overcome technical challenges, streamline operations, and accelerate growth. Through its robust network of consultants and engineers, Alten has carved a niche wherein its revenue flows from providing cutting-edge solutions that empower businesses to harness technology effectively. Underpinning the company's success is a strategy that focuses on both organic growth and strategic acquisitions, which allows it to adapt swiftly to changing market dynamics and client needs. Alten's financial strength emanates from the long-term partnerships it cultivates with some of the leading global corporations by offering tailor-made solutions coupled with a deep understanding of industry-specific challenges. This alignment engenders trust and repeat business, driving sustainable revenue through a mix of project-based engagements and longer-term managed services. As a result, Alten stands as a pivotal partner in its clients' journey towards digital transformation, harnessing its expansive expertise to turn technological possibilities into tangible business outcomes.

AN3 Intrinsic Value
124.04 EUR
Undervaluation 41%
Intrinsic Value
Price €72.65
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