ALTEN SA (FR:ATE)
:ATE
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ALTEN SA
(ATE)
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Rating:57Neutral
Price Target:
€55.00
▲(5.47% Upside)
Action:DowngradedDate:02/26/26
The score is primarily held back by sharp 2025 financial deterioration (revenue decline and margin compression) and bearish technicals (price below key moving averages with negative momentum). Low leverage and decent cash conversion provide partial support, while valuation and dividend yield are only moderately supportive.
Positive Factors
Conservative balance sheet / low leverage
Modest leverage (debt/equity ~0.17–0.23) and steady equity growth provide durable financial flexibility. This conservatism supports capital allocation, cushions cyclical downturns and preserves capacity to invest in staffing or M&A without stressing cash flow over the next 2–6 months.
Negative Factors
Steep 2025 revenue contraction
A marked revenue decline in 2025 signals weakening client demand or lost project volume. Reduced top-line scale can persist beyond a single quarter, eroding pricing leverage, limiting reinvestment capacity and making margin recovery harder over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
Modest leverage (debt/equity ~0.17–0.23) and steady equity growth provide durable financial flexibility. This conservatism supports capital allocation, cushions cyclical downturns and preserves capacity to invest in staffing or M&A without stressing cash flow over the next 2–6 months.
Read all positive factors
ALTEN SA (ATE) vs. iShares MSCI France ETF (EWQ)
Market Cap
€1.82B
Dividend Yield2.08%
Average Volume (3M)61.91K
Price to Earnings (P/E)23.9
Beta (1Y)1.21
Revenue Growth-0.23%
EPS Growth-37.70%
CountryFR
Employees56,373
SectorGeneral
Sector StrengthN/A
IndustryInformation Technology Services
Share Statistics
EPS (TTM)0.69
Shares Outstanding35,448,826
10 Day Avg. Volume67,115
30 Day Avg. Volume61,908
Financial Highlights & Ratios
PEG Ratio-0.55
Price to Book (P/B)1.15
Price to Sales (P/S)0.62
P/FCF Ratio8.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€122.50Price Target Upside134.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)7.2
Revenue Forecast (FY)€4.20B
ALTEN SA Business Overview & Revenue Model
Company Description
Alten S.A. operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Spain, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally. The company und...
How the Company Makes Money
ALTEN primarily makes money by selling engineering and IT consulting services to corporate clients, generating revenue from billable work performed by its consultants and project teams. Its core revenue stream comes from time-and-materials assignm...
ALTEN SA Financial Statement Overview
Summary
Income Statement
57
Neutral
Balance Sheet
72
Positive
Cash Flow
66
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.10B | 4.14B | 4.07B | 3.78B | 2.93B |
| Gross Profit | 341.82M | 768.17M | 714.42M | 582.68M | 451.55M |
| EBITDA | 416.99M | 450.74M | 430.04M | 682.25M | 363.17M |
| Net Income | 106.92M | 186.42M | 233.21M | 457.57M | 207.84M |
Balance Sheet | |||||
| Total Assets | 3.64B | 3.64B | 3.41B | 3.37B | 2.63B |
| Cash, Cash Equivalents and Short-Term Investments | 348.29M | 288.10M | 323.40M | 601.74M | 312.31M |
| Total Debt | 449.44M | 370.88M | 367.97M | 422.20M | 275.21M |
| Total Liabilities | 1.41B | 1.43B | 1.37B | 1.53B | 1.21B |
| Stockholders Equity | 2.22B | 2.21B | 2.04B | 1.84B | 1.42B |
Cash Flow | |||||
| Free Cash Flow | 320.24M | 415.60M | 220.19M | 210.27M | 212.09M |
| Operating Cash Flow | 332.01M | 430.40M | 241.12M | 236.39M | 228.68M |
| Investing Cash Flow | -105.47M | -326.06M | -320.25M | 58.17M | -117.62M |
| Financing Cash Flow | -157.98M | -141.40M | -192.66M | -4.48M | -88.82M |
ALTEN SA Technical Analysis
Negative
52.15
Price Trends
64.28
Negative
67.29
Negative
68.92
Negative
Market Momentum
-3.12
Positive
28.68
Positive
10.89
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ATE, the sentiment is Negative. The current price of 52.15 is below the 20-day moving average (MA) of 57.43, below the 50-day MA of 64.28, and below the 200-day MA of 68.92, indicating a bearish trend. The MACD of -3.12 indicates Positive momentum. The RSI at 28.68 is Positive, neither overbought nor oversold. The STOCH value of 10.89 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ATE.
ALTEN SA Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | €1.11B | 9.75 | 12.87% | 0.84% | 7.00% | 20.56% | |
72 Outperform | €834.47M | 20.10 | 14.08% | 3.07% | 7.39% | 4.58% | |
67 Neutral | €2.28B | 10.15 | 14.39% | 3.03% | -4.12% | 43.37% | |
64 Neutral | €16.31B | 15.05 | 10.95% | 2.35% | -0.76% | -6.99% | |
57 Neutral | €1.82B | 23.95 | 6.98% | 2.08% | -0.23% | -37.70% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
41 Neutral | €729.76M | -0.69 | 319.82% | ― | -14.60% | ― |
* General Sector Average
FR:ATE
ALTEN SA
52.15
-40.42
-43.66%
FR:ATO
Atos SE
36.95
2.35
6.79%
FR:CAP
Capgemini SE
96.20
-47.59
-33.10%
FR:NRO
Neurones
34.30
-13.54
-28.30%
FR:SOP
Sopra Steria
112.50
-65.75
-36.89%
FR:WAVE
Wavestone
44.75
-3.85
-7.92%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.