ALTEN SA (ATE.PA) Stock Fundamental Analysis
EPA:ATE - FR0000071946 - Common Stock
64.25 EUR
+0.55 (+0.86%)
We assign a fundamental rating of 6 out of 10 to ATE. ATE was compared to 73 industry peers in the IT Services industry. ATE is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ATE has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
ATE had positive earnings in the past year.
ATE had a positive operating cash flow in the past year.
ATE had positive earnings in each of the past 5 years.
In the past 5 years ATE always reported a positive cash flow from operatings.
1.2 Ratios
ATE has a Return On Assets of 5.12%. This is in the better half of the industry: ATE outperforms 61.64% of its industry peers.
Looking at the Return On Equity, with a value of 8.44%, ATE is in line with its industry, outperforming 42.47% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.08%, ATE is in the better half of the industry, outperforming 63.01% of the companies in the same industry.
ATE had an Average Return On Invested Capital over the past 3 years of 11.24%. This is in line with the industry average of 11.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.12% | ||
| ROE | 8.44% | ||
| ROIC | 10.08% |
ROA(3y)8.51%
ROA(5y)7.6%
ROE(3y)14.92%
ROE(5y)13.49%
ROIC(3y)11.24%
ROIC(5y)10.54%
1.3 Margins
The Profit Margin of ATE (4.50%) is better than 63.01% of its industry peers.
In the last couple of years the Profit Margin of ATE has declined.
ATE has a better Operating Margin (8.62%) than 68.49% of its industry peers.
ATE's Operating Margin has declined in the last couple of years.
ATE's Gross Margin of 89.45% is amongst the best of the industry. ATE outperforms 82.19% of its industry peers.
ATE's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.62% | ||
| PM (TTM) | 4.5% | ||
| GM | 89.45% |
OM growth 3Y-5.37%
OM growth 5Y-2.37%
PM growth 3Y-14.13%
PM growth 5Y-6.39%
GM growth 3Y-0.01%
GM growth 5Y-0.44%
2. Health
2.1 Basic Checks
ATE has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
ATE has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, ATE has more shares outstanding
ATE has a better debt/assets ratio than last year.
2.2 Solvency
ATE has an Altman-Z score of 3.44. This indicates that ATE is financially healthy and has little risk of bankruptcy at the moment.
ATE's Altman-Z score of 3.44 is fine compared to the rest of the industry. ATE outperforms 73.97% of its industry peers.
The Debt to FCF ratio of ATE is 0.90, which is an excellent value as it means it would take ATE, only 0.90 years of fcf income to pay off all of its debts.
ATE's Debt to FCF ratio of 0.90 is amongst the best of the industry. ATE outperforms 84.93% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that ATE is not too dependend on debt financing.
The Debt to Equity ratio of ATE (0.09) is better than 87.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | 3.44 |
ROIC/WACC1.39
WACC7.26%
2.3 Liquidity
A Current Ratio of 1.52 indicates that ATE should not have too much problems paying its short term obligations.
ATE has a better Current ratio (1.52) than 73.97% of its industry peers.
A Quick Ratio of 1.52 indicates that ATE should not have too much problems paying its short term obligations.
ATE has a better Quick ratio (1.52) than 80.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
ATE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.99%.
The Earnings Per Share has been growing slightly by 1.91% on average over the past years.
ATE shows a small growth in Revenue. In the last year, the Revenue has grown by 1.83%.
Measured over the past years, ATE shows a quite strong growth in Revenue. The Revenue has been growing by 9.57% on average per year.
EPS 1Y (TTM)-20.99%
EPS 3Y-4.08%
EPS 5Y1.91%
EPS Q2Q%-45.28%
Revenue 1Y (TTM)1.83%
Revenue growth 3Y12.3%
Revenue growth 5Y9.57%
Sales Q2Q%0.71%
3.2 Future
The Earnings Per Share is expected to grow by 3.82% on average over the next years.
ATE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.74% yearly.
EPS Next Y-12.95%
EPS Next 2Y0.6%
EPS Next 3Y4.91%
EPS Next 5Y3.82%
Revenue Next Year-1.24%
Revenue Next 2Y0.51%
Revenue Next 3Y1.85%
Revenue Next 5Y2.74%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.05, the valuation of ATE can be described as correct.
Based on the Price/Earnings ratio, ATE is valued cheaper than 80.82% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.06. ATE is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.58, which indicates a very decent valuation of ATE.
76.71% of the companies in the same industry are more expensive than ATE, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.69. ATE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.05 | ||
| Fwd PE | 10.58 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ATE is valued a bit cheaper than 78.08% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ATE is valued cheaper than 87.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.49 | ||
| EV/EBITDA | 5.16 |
4.3 Compensation for Growth
The decent profitability rating of ATE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)6.3
EPS Next 2Y0.6%
EPS Next 3Y4.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.35%, ATE has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.19, ATE has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, ATE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
5.2 History
The dividend of ATE is nicely growing with an annual growth rate of 8.51%!
Dividend Growth(5Y)8.51%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
ATE pays out 27.95% of its income as dividend. This is a sustainable payout ratio.
The dividend of ATE is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP27.95%
EPS Next 2Y0.6%
EPS Next 3Y4.91%
EPA:ATE (9/5/2025, 7:00:00 PM)
64.25
+0.55 (+0.86%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners50.53%
Inst Owner ChangeN/A
Ins Owners14.67%
Ins Owner ChangeN/A
Market Cap2.27B
Analysts81.82
Price Target103.75 (61.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
Yearly Dividend1.5
Dividend Growth(5Y)8.51%
DP27.95%
Div Incr Years0
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.23%
PT rev (3m)1.21%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-17.7%
EPS NY rev (3m)-17.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.05 | ||
| Fwd PE | 10.58 | ||
| P/S | 0.55 | ||
| P/FCF | 5.49 | ||
| P/OCF | 5.27 | ||
| P/B | 1.03 | ||
| P/tB | 2.8 | ||
| EV/EBITDA | 5.16 |
EPS(TTM)5.33
EY8.3%
EPS(NY)6.08
Fwd EY9.46%
FCF(TTM)11.7
FCFY18.22%
OCF(TTM)12.2
OCFY18.99%
SpS117.47
BVpS62.64
TBVpS22.96
PEG (NY)N/A
PEG (5Y)6.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.12% | ||
| ROE | 8.44% | ||
| ROCE | 14.47% | ||
| ROIC | 10.08% | ||
| ROICexc | 11.41% | ||
| ROICexgc | 31.82% | ||
| OM | 8.62% | ||
| PM (TTM) | 4.5% | ||
| GM | 89.45% | ||
| FCFM | 9.96% |
ROA(3y)8.51%
ROA(5y)7.6%
ROE(3y)14.92%
ROE(5y)13.49%
ROIC(3y)11.24%
ROIC(5y)10.54%
ROICexc(3y)13.47%
ROICexc(5y)12.75%
ROICexgc(3y)34.98%
ROICexgc(5y)33.58%
ROCE(3y)16.23%
ROCE(5y)15.2%
ROICexcg growth 3Y-16.88%
ROICexcg growth 5Y-5.91%
ROICexc growth 3Y-11.85%
ROICexc growth 5Y-8.9%
OM growth 3Y-5.37%
OM growth 5Y-2.37%
PM growth 3Y-14.13%
PM growth 5Y-6.39%
GM growth 3Y-0.01%
GM growth 5Y-0.44%
F-Score6
Asset Turnover1.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.9 | ||
| Debt/EBITDA | 0.46 | ||
| Cap/Depr | 18.68% | ||
| Cap/Sales | 0.42% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 95.34% | ||
| Profit Quality | 221.43% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 3.44 |
F-Score6
WACC7.26%
ROIC/WACC1.39
Cap/Depr(3y)24.2%
Cap/Depr(5y)22.75%
Cap/Sales(3y)0.54%
Cap/Sales(5y)0.54%
Profit Quality(3y)120.95%
Profit Quality(5y)153.49%
High Growth Momentum
Growth
EPS 1Y (TTM)-20.99%
EPS 3Y-4.08%
EPS 5Y1.91%
EPS Q2Q%-45.28%
EPS Next Y-12.95%
EPS Next 2Y0.6%
EPS Next 3Y4.91%
EPS Next 5Y3.82%
Revenue 1Y (TTM)1.83%
Revenue growth 3Y12.3%
Revenue growth 5Y9.57%
Sales Q2Q%0.71%
Revenue Next Year-1.24%
Revenue Next 2Y0.51%
Revenue Next 3Y1.85%
Revenue Next 5Y2.74%
EBIT growth 1Y2.11%
EBIT growth 3Y6.28%
EBIT growth 5Y6.97%
EBIT Next Year25.31%
EBIT Next 3Y13.87%
EBIT Next 5Y7.83%
FCF growth 1Y87.47%
FCF growth 3Y24.28%
FCF growth 5Y14.86%
OCF growth 1Y78.5%
OCF growth 3Y22.94%
OCF growth 5Y13.91%