ALO Stock Analysis: Alstom S.A. | PA
Railroads | PA, France | Market Cap: 7.321m EUR | 12M Return: -22.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 30.7M
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Alstom SA is a French-headquartered rail transport equipment and services provider operating across Europe, the Americas, Asia Pacific, the Middle East, Central Asia, and Africa. Its offerings span the full rail value chain, including rolling stock (locomotives, high-speed trains, metros, light rail, monorails, and people movers), signaling systems (urban, mainline, freight, and mining), infrastructure works (tracklaying, electrification, and catenary-free solutions), and a wide portfolio of components such as bogies, traction converters, motors, brake friction products, and train control systems. The company also provides maintenance, modernization, parts, and overhaul services, selling to original equipment manufacturers, operators, and asset owners. Founded in 1928 and headquartered in Saint-Ouen, France, Alstom is classified as a mid-cap Industrials stock within the rail transportation sub-industry.
The rail equipment industry is capital-intensive and characterized by long product lifecycles, with revenue typically split between initial train and infrastructure deliveries and a recurring aftermarket services stream. Demand is supported by urbanization, public investment in rail networks, and the broader shift toward low-carbon transport, while competition is concentrated among a small number of global rolling-stock and signaling suppliers.
- Bombardier integration synergies drive margin recovery
- European green rail stimulus lifts rolling stock orders
- Services backlog expansion boosts recurring high-margin revenue
| Net Income: 324.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.49 > 1.0 |
| NWC/Revenue: -6.57% < 20% (prev -3.46%; Δ -3.11% < -1%) |
| CFO/TA 0.03 > 3% & CFO 891.0m > Net Income 324.0m |
| Net Debt (2.77b) to EBITDA (1.51b): 1.83 < 3 |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (462.0m) vs 12m ago 13.39% < -2% |
| Gross Margin: 11.34% > 18% (prev 12.46%; Δ -1.12% > 0.5%) |
| Asset Turnover: 55.10% > 50% (prev 53.46%; Δ 1.64% > 0%) |
| Interest Coverage Ratio: 8.13 > 6 (EBIT TTM 699.0m / Interest Expense TTM 86.0m) |
| A: -0.04 (Total Current Assets 19.1b - Total Current Liabilities 20.3b) / Total Assets 35.0b |
| B: 0.03 (Retained Earnings 1.14b / Total Assets 35.0b) |
| C: 0.02 (EBIT TTM 699.0m / Avg Total Assets 34.8b) |
| D: 0.40 (Book Value of Equity 9.91b / Total Liabilities 25.0b) |
| Altman-Z'' = 0.42 = B |
| DSRI: 1.10 (Receivables 10.6b/9.27b, Revenue 19.2b/18.5b) |
| GMI: 1.10 (GM 12.46% / 11.34%) |
| AQI: 0.97 (AQ_t 0.37 / AQ_t-1 0.38) |
| SGI: 1.04 (Revenue 19.2b / 18.5b) |
| TATA: -0.02 (NI 324.0m - CFO 891.0m) / TA 35.0b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of July 10, 2026, the stock is trading at EUR 15.63 with a total of 1,196,948 shares traded. Over the past week, the price has changed by +1.20%, over one month by -4.72%, over three months by -32.04% and over the past year by -22.55%.
Current recommended Stop Loss: 15.00 (which is 4% or 1.3 ATR below the current price).
Alstom S.A. has no consensus analysts rating.
P/E Trailing = 26.375
P/E Forward = 10.4603
P/S = 0.3819
P/B = 0.6946
P/EG = 0.5352
Revenue TTM = 19.2b EUR
EBIT TTM = 699.0m EUR
EBITDA TTM = 1.51b EUR
Long Term Debt = 1.98b EUR (from longTermDebt, last quarter)
Short Term Debt = 967.0m EUR (from shortTermDebt, last quarter)
Debt = 5.10b EUR (from shortLongTermDebtTotal, last quarter) + Leases 794.0m
Net Debt = 2.77b EUR (calculated: Debt 5.10b - CCE 2.33b)
Enterprise Value = 10.1b EUR (7.32b + Debt 5.10b - CCE 2.33b)
Interest Coverage Ratio = 8.13 (Ebit TTM 699.0m / Interest Expense TTM 86.0m)
EV/FCF = 31.14x (Enterprise Value 10.1b / FCF TTM 324.0m)
FCF Yield = 3.21% (FCF TTM 324.0m / Enterprise Value 10.1b)
FCF Margin = 1.69% (FCF TTM 324.0m / Revenue TTM 19.2b)
Net Margin = 1.69% (Net Income TTM 324.0m / Revenue TTM 19.2b)
Gross Margin = 11.34% ((Revenue TTM 19.2b - Cost of Revenue TTM 17.0b) / Revenue TTM)
Gross Margin QoQ = 10.29% (prev 12.51%)
Tobins Q-Ratio = 0.29 (Enterprise Value 10.1b / Total Assets 35.0b)
Interest Expense / Debt = 1.69% (Interest Expense 86.0m / Debt 5.10b)
Taxrate = 35.41% (199.0m / 562.0m)
NOPAT = 451.5m (EBIT 699.0m * (1 - 35.41%))
Current Ratio = 0.94 (Total Current Assets 19.1b / Total Current Liabilities 20.3b)
Debt / Equity = 0.51 (Debt 5.10b / totalStockholderEquity, last quarter 9.91b)
Debt / EBITDA = 1.83 (Net Debt 2.77b / EBITDA 1.51b)
Debt / FCF = 8.55 (Net Debt 2.77b / FCF TTM 324.0m)
Total Stockholder Equity = 10.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.93% (Net Income 324.0m / Total Assets 35.0b)
RoE = 3.20% (Net Income TTM 324.0m / Total Stockholder Equity 10.1b)
RoCE = 5.78% (EBIT 699.0m / Capital Employed (Equity 10.1b + L.T.Debt 1.98b))
RoIC = 3.07% (NOPAT 451.5m / Invested Capital 14.7b)
WACC = 4.33% (E(7.32b)/V(12.4b) * Re(6.58%) + D(5.10b)/V(12.4b) * Rd(1.69%) * (1-Tc(0.35)))
Discount Rate = 6.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.90 | Cagr: 7.01%
[DCF] Terminal Value 73.10% ; FCFF base≈390.4m ; Y1≈342.4m ; Y5≈276.6m
[DCF] Fair Price = 3.61 (EV 4.44b - Net Debt 2.77b = Equity 1.67b / Shares 462.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 78.91 | Revenue CAGR: 14.00% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-03-31): EPS=1.60 | Chg30d=-6.84% | Revisions=-67% | GrowthEPS=+44.8% | GrowthRev=+3.0%
EPS next Year (2027-03-31): EPS=1.64 | Chg30d=-3.97% | Revisions=-57% | GrowthEPS=+36.7% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: -77% (up=0, down=10)