ALTEN SA (ATE.PA) Stock Fundamental Analysis
Europe - EPA:ATE - FR0000071946 - Common Stock
65.65 EUR
+0.45 (+0.69%)
Taking everything into account, ATE scores 6 out of 10 in our fundamental rating. ATE was compared to 71 industry peers in the IT Services industry. While ATE has a great health rating, its profitability is only average at the moment. 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.
ATE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.12%, ATE is in line with its industry, outperforming 59.15% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.44%, ATE is in line with its industry, outperforming 40.85% of the companies in the same industry.
With a decent Return On Invested Capital value of 10.08%, ATE is doing good in the industry, outperforming 63.38% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ATE is in line with the industry average of 11.13%.
| 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
With a decent Profit Margin value of 4.50%, ATE is doing good in the industry, outperforming 60.56% of the companies in the same industry.
In the last couple of years the Profit Margin of ATE has declined.
ATE has a Operating Margin of 8.62%. This is in the better half of the industry: ATE outperforms 66.20% of its industry peers.
In the last couple of years the Operating Margin of ATE has declined.
With an excellent Gross Margin value of 89.45%, ATE belongs to the best of the industry, outperforming 80.28% of the companies in the same industry.
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 below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, ATE has more shares outstanding
ATE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ATE has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.46 indicates that ATE is not in any danger for bankruptcy at the moment.
ATE has a Altman-Z score of 3.46. This is in the better half of the industry: ATE outperforms 70.42% 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 has a better Debt to FCF ratio (0.90) than 81.69% of its industry peers.
A Debt/Equity ratio of 0.09 indicates that ATE is not too dependend on debt financing.
ATE has a better Debt to Equity ratio (0.09) than 85.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | 3.46 |
ROIC/WACC0.76
WACC13.28%
2.3 Liquidity
ATE has a Current Ratio of 1.52. This is a normal value and indicates that ATE is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.52, ATE is doing good in the industry, outperforming 71.83% of the companies in the same industry.
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 78.87% 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%.
ATE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.91% yearly.
Looking at the last year, ATE shows a small growth in Revenue. The Revenue has grown by 1.83% in the last year.
The Revenue has been growing by 9.57% on average over the past years. This is quite good.
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.
The Revenue is expected to grow by 2.78% on average over the next years.
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 5Y2.78%
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
ATE is valuated correctly with a Price/Earnings ratio of 12.32.
Based on the Price/Earnings ratio, ATE is valued cheaply inside the industry as 80.28% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of ATE to the average of the S&P500 Index (27.30), we can say ATE is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 10.81, the valuation of ATE can be described as reasonable.
Based on the Price/Forward Earnings ratio, ATE is valued a bit cheaper than 76.06% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.73. ATE is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.32 | ||
| Fwd PE | 10.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ATE is valued a bit cheaper than 77.46% of the companies in the same industry.
ATE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ATE is cheaper than 85.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.61 | ||
| EV/EBITDA | 5.28 |
4.3 Compensation for Growth
The decent profitability rating of ATE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)6.43
EPS Next 2Y0.6%
EPS Next 3Y4.91%
5. Dividend
5.1 Amount
ATE has a Yearly Dividend Yield of 2.35%.
ATE's Dividend Yield is comparable with the industry average which is at 7.54.
ATE's Dividend Yield is comparable with the S&P500 average which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.35% |
5.2 History
On average, the dividend of ATE grows each year by 8.51%, which is quite nice.
Dividend Growth(5Y)8.51%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
27.95% of the earnings are spent on dividend by ATE. This is a low number and 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 (9/12/2025, 7:00:00 PM)
65.65
+0.45 (+0.69%)
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 Cap2.32B
Analysts81.82
Price Target103.75 (58.04%)
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)2.23%
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 | 12.32 | ||
| Fwd PE | 10.81 | ||
| P/S | 0.56 | ||
| P/FCF | 5.61 | ||
| P/OCF | 5.38 | ||
| P/B | 1.05 | ||
| P/tB | 2.86 | ||
| EV/EBITDA | 5.28 |
EPS(TTM)5.33
EY8.12%
EPS(NY)6.08
Fwd EY9.25%
FCF(TTM)11.7
FCFY17.83%
OCF(TTM)12.2
OCFY18.59%
SpS117.47
BVpS62.64
TBVpS22.96
PEG (NY)N/A
PEG (5Y)6.43
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 | 3.46 |
F-Score6
WACC13.28%
ROIC/WACC0.76
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 5Y2.78%
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%