Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Alten S.A. is a technology consulting and engineering services company that supports clients with research, design, development, and digital transformation work. Alten S.A. provides expertise across product engineering, IT systems, software development, data analytics, and industrial consulting, serving sectors such as automotive, aerospace, defense, energy, telecommunications, banking, retail, and life sciences. Its work typically helps organizations improve product performance, modernize technical operations, and manage complex projects across both engineering and information systems environments. The company operates through specialized business segments that include engineering and technology consulting, telecoms and networks, and information systems, giving it a broad role in delivering outsourced technical capabilities to enterprises and public-sector clients. Headquartered in Boulogne-Billancourt, France and founded in 1988, Alten S.A. is a recognized participant in the European technology services market.
Operating margin is thin at 7.15%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.1% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 23% versus the prior year, cash generation momentum has weakened. ROIC dropped from 9.90% to 6.43%, capital efficiency is deteriorating.
Profitability & Returns
Revenue (TTM)
€4.10B
▼ -1.1% YoY
Net Income (TTM)
€107M
▼ -42.6% YoY
Op. Margin
7.15%
▼ -1.4pp YoY
ROIC
6.43%
▼ -3.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€318M
▼ -23.1% YoY
Op. Cash Flow (TTM)
€318M
▼ -23.2% YoY
Net Debt
-€137M
Net Cash Position
Cash & Equiv.
€427M
3Y CAGR: +2.7%
3Y CAGR: +13.9%
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