Added to YB: 2026-10-09
Pitch date: 2026-10-07
ALO.PA [bullish]
Alstom SA
-0.22%
current return
Author Info
Price and Punishment is a value investing publication at heart with a focus on small- to mid-cap global equities. I cover a company each month with the modest aim of avoiding overpaying for a business and getting punished for it. Sign up for the newsletter.
Company Info
Alstom SA provides solutions for rail transport industry in Europe, the Americas, the Asia Pacific, the Middle East, Central Asia, and Africa.
Market Cap
EUR 7.5B
Pitch Price
EUR 15.99
Price Target
27.30 (+71%)
Dividend
N/A
EV/EBITDA
5.83
P/E
26.98
EV/Sales
0.46
Sector
Machinery
Category
turnaround
Alstom S.A.: Boarding Before the Crowd
ALO.PA: Alstom is the largest Western rolling-stock manufacturer, with a €100B+ backlog and a turnaround centered on new CEO Martin Sion’s record of simplifying complex organizations and delivering Ariane 6. A 2031 scenario assuming 5% revenue CAGR, a 6% operating margin, 10x EV/EBIT and zero net debt before hybrids yields €27.30 per share, 82% upside from ~€15; persistent contract-execution failures remain the core risk.
Read full article (19 min)