Added to YB: 2024-08-21
Pitch date: 2024-06-30
ATE.PA [bullish]
Alten S.A.
-30.16%
current return
Author Info
No bio for this author
Company Info
Alten S.A. operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Iberian, Spain, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally.
Market Cap
EUR 2.4B
Pitch Price
EUR 104.52
Price Target
N/A
Dividend
2.17%
EV/EBITDA
5.78
P/E
16.08
EV/Sales
0.59
Sector
IT Services
Category
value
Artisan International Explorer Fund Added On Portfolio Holding: Alten S.A.
ATE.PA added: Outsourced R&D eng. services, diverse end markets (<20% each). Q1 '24 org. growth 3%, margins down. No structural weakness, deceleration after 3 yrs strong growth. Owner-operator largest shareholder (15%). Valuation ~9x EBITA. Added on price weakness. Risks: continued slow growth, margin pressure.
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