ALTEN SA (ATE.PA) Stock Fundamental Analysis
EPA:ATE - Euronext Paris - Matif - FR0000071946 - Common Stock - Currency: EUR
Overall ATE gets a fundamental rating of 6 out of 10. We evaluated ATE against 71 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.
In the past year ATE had a positive cash flow from operations.
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's Return On Assets of 6.87% is fine compared to the rest of the industry. ATE outperforms 76.06% of its industry peers.
ATE has a Return On Equity of 11.30%. This is comparable to the rest of the industry: ATE outperforms 46.48% of its industry peers.
ATE has a Return On Invested Capital of 10.02%. This is in the better half of the industry: ATE outperforms 67.61% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ATE is in line with the industry average of 10.92%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.3% | ||
| ROIC | 10.02% |
ROA(3y)8.51%
ROA(5y)7.6%
ROE(3y)14.92%
ROE(5y)13.49%
ROIC(3y)11.17%
ROIC(5y)10.5%
1.3 Margins
ATE's Profit Margin of 5.82% is fine compared to the rest of the industry. ATE outperforms 71.83% of its industry peers.
ATE's Profit Margin has declined in the last couple of years.
ATE has a Operating Margin of 8.38%. This is in the better half of the industry: ATE outperforms 67.61% of its industry peers.
ATE's Operating Margin has declined in the last couple of years.
ATE's Gross Margin of 89.20% is amongst the best of the industry. ATE outperforms 80.28% of its industry peers.
In the last couple of years the Gross Margin of ATE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.38% | ||
| PM (TTM) | 5.82% | ||
| GM | 89.2% |
OM growth 3Y-6.02%
OM growth 5Y-2.78%
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so ATE is still creating some value.
ATE has more shares outstanding than it did 1 year ago.
ATE has more shares outstanding than it did 5 years ago.
ATE has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.74 indicates that ATE is not in any danger for bankruptcy at the moment.
ATE has a Altman-Z score of 3.74. This is in the better half of the industry: ATE outperforms 77.46% of its industry peers.
ATE has a debt to FCF ratio of 1.05. This is a very positive value and a sign of high solvency as it would only need 1.05 years to pay back of all of its debts.
The Debt to FCF ratio of ATE (1.05) is better than 85.92% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that ATE is not too dependend on debt financing.
ATE has a Debt to Equity ratio of 0.09. This is amongst the best in the industry. ATE outperforms 88.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.05 | ||
| Altman-Z | 3.74 |
ROIC/WACC1.36
WACC7.39%
2.3 Liquidity
ATE has a Current Ratio of 1.66. This is a normal value and indicates that ATE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ATE (1.66) is better than 76.06% of its industry peers.
A Quick Ratio of 1.66 indicates that ATE should not have too much problems paying its short term obligations.
With an excellent Quick ratio value of 1.66, ATE belongs to the best of the industry, outperforming 80.28% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
ATE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.05%.
The Earnings Per Share has been growing slightly by 2.05% on average over the past years.
ATE shows a small growth in Revenue. In the last year, the Revenue has grown by 3.09%.
ATE shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.57% yearly.
EPS 1Y (TTM)-44.05%
EPS 3Y-3.86%
EPS 5Y2.05%
EPS Q2Q%6.03%
Revenue 1Y (TTM)3.09%
Revenue growth 3Y12.3%
Revenue growth 5Y9.57%
Sales Q2Q%2.94%
3.2 Future
The Earnings Per Share is expected to grow by 11.12% on average over the next years. This is quite good.
ATE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.53% yearly.
EPS Next Y5.76%
EPS Next 2Y9.45%
EPS Next 3Y11.12%
EPS Next 5YN/A
Revenue Next Year-0.29%
Revenue Next 2Y1.39%
Revenue Next 3Y2.53%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 10.76, which indicates a very decent valuation of ATE.
91.55% of the companies in the same industry are more expensive than ATE, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.03. ATE is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 10.11 indicates a reasonable valuation of ATE.
ATE's Price/Forward Earnings ratio is rather cheap when compared to the industry. ATE is cheaper than 87.32% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.94. ATE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.76 | ||
| Fwd PE | 10.11 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ATE indicates a somewhat cheap valuation: ATE is cheaper than 71.83% of the companies listed in the same industry.
71.83% of the companies in the same industry are more expensive than ATE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.63 | ||
| EV/EBITDA | 6.12 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ATE has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.87
PEG (5Y)5.24
EPS Next 2Y9.45%
EPS Next 3Y11.12%
5. Dividend
5.1 Amount
ATE has a Yearly Dividend Yield of 1.99%.
In the last 3 months the price of ATE has falen by -23.21%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
ATE's Dividend Yield is comparable with the industry average which is at 6.87.
Compared to an average S&P500 Dividend Yield of 2.36, ATE has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
On average, the dividend of ATE grows each year by 8.44%, which is quite nice.
Dividend Growth(5Y)8.44%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
ATE pays out 43.08% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of ATE is growing, but earnings are growing more, so the dividend growth is sustainable.
DP43.08%
EPS Next 2Y9.45%
EPS Next 3Y11.12%
EPA:ATE (5/21/2025, 5:36:15 PM)
74.6
-1.45 (-1.91%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)
Earnings (Next)
Inst Owners50.94%
Inst Owner ChangeN/A
Ins Owners14.67%
Ins Owner ChangeN/A
Market Cap2.63B
Analysts75
Price Target102.51 (37.41%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
Yearly Dividend1.5
Dividend Growth(5Y)8.44%
DP43.08%
Div Incr Years2
Div Non Decr Years3
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)-11.06%
PT rev (3m)-8.6%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)3.2%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-3.14%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.76 | ||
| Fwd PE | 10.11 | ||
| P/S | 0.64 | ||
| P/FCF | 7.63 | ||
| P/OCF | 7.26 | ||
| P/B | 1.24 | ||
| P/tB | 2.77 | ||
| EV/EBITDA | 6.12 |
EPS(TTM)6.93
EY9.29%
EPS(NY)7.38
Fwd EY9.89%
FCF(TTM)9.78
FCFY13.11%
OCF(TTM)10.28
OCFY13.78%
SpS117.07
BVpS60.27
TBVpS26.88
PEG (NY)1.87
PEG (5Y)5.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.3% | ||
| ROCE | 14.49% | ||
| ROIC | 10.02% | ||
| ROICexc | 11.46% | ||
| ROICexgc | 26.07% | ||
| OM | 8.38% | ||
| PM (TTM) | 5.82% | ||
| GM | 89.2% | ||
| FCFM | 8.35% |
ROA(3y)8.51%
ROA(5y)7.6%
ROE(3y)14.92%
ROE(5y)13.49%
ROIC(3y)11.17%
ROIC(5y)10.5%
ROICexc(3y)13.38%
ROICexc(5y)12.7%
ROICexgc(3y)34.72%
ROICexgc(5y)33.42%
ROCE(3y)16.12%
ROCE(5y)15.14%
ROICexcg growth 3Y-17.81%
ROICexcg growth 5Y-6.54%
ROICexc growth 3Y-12.61%
ROICexc growth 5Y-9.38%
OM growth 3Y-6.02%
OM growth 5Y-2.78%
PM growth 3Y-14.13%
PM growth 5Y-6.39%
GM growth 3Y-0.01%
GM growth 5Y-0.44%
F-Score7
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 1.05 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 17.81% | ||
| Cap/Sales | 0.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.36% | ||
| Profit Quality | 143.5% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z | 3.74 |
F-Score7
WACC7.39%
ROIC/WACC1.36
Cap/Depr(3y)21.29%
Cap/Depr(5y)21.01%
Cap/Sales(3y)0.52%
Cap/Sales(5y)0.53%
Profit Quality(3y)121.45%
Profit Quality(5y)153.79%
High Growth Momentum
Growth
EPS 1Y (TTM)-44.05%
EPS 3Y-3.86%
EPS 5Y2.05%
EPS Q2Q%6.03%
EPS Next Y5.76%
EPS Next 2Y9.45%
EPS Next 3Y11.12%
EPS Next 5YN/A
Revenue 1Y (TTM)3.09%
Revenue growth 3Y12.3%
Revenue growth 5Y9.57%
Sales Q2Q%2.94%
Revenue Next Year-0.29%
Revenue Next 2Y1.39%
Revenue Next 3Y2.53%
Revenue Next 5YN/A
EBIT growth 1Y-5.87%
EBIT growth 3Y5.54%
EBIT growth 5Y6.52%
EBIT Next Year37.12%
EBIT Next 3Y16.04%
EBIT Next 5YN/A
FCF growth 1Y76.84%
FCF growth 3Y24.56%
FCF growth 5Y15.01%
OCF growth 1Y62.64%
OCF growth 3Y22.94%
OCF growth 5Y13.91%