Alstom: Improving Execution and Backlog Conversion Support Profitable Growth
Alstom offers a comprehensive portfolio, including rolling stock (51% of revenue), services (24%), and signaling and systems (25%), setting it apart from competitors.
Alstom offers a comprehensive portfolio, including rolling stock (51% of revenue), services (24%), and signaling and systems (25%), setting it apart from competitors.
A EUR-100-billion backlog, 58% from higher-margin services and signaling, and a growing European rail market provide exceptional revenue visibility and a credible recovery path once ramp-ups stabilize.
Three consecutive years of cash disappointments and two profit warnings since Bombardier suggest execution failures are systemic—better backlog quality has not translated into better delivery.
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Metric
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ALO
|
GE
|
SIE
|
|---|---|---|---|
Price/Earnings (Normalized) | 23.69 | 41.61 | 25.85 |
Price/Book Value | 0.74 | 17.40 | 3.03 |
Price/Sales | 0.39 | 6.17 | 2.58 |
Price/Cash Flow | 6.39 | 32.64 | 17.61 |
|
Metric
|
ALO
|
GE
|
SIE
|
|---|---|---|---|
Quick Ratio | 0.64 | 0.61 | 1.14 |
Current Ratio | 0.94 | 0.98 | 1.44 |
Interest Coverage | 3.91 | 11.58 | 6.49 |
|
Metric
|
ALO
|
GE
|
SIE
|
|---|---|---|---|
Return on Assets (Normalized) | 1.61% | 5.87% | 5.28% |
Return on Equity (Normalized) | 5.72% | 40.66% | 13.71% |
Return on Invested Capital (Normalized) | 4.32% | 20.07% | 6.47% |
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1-Day Chart
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Name
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Price
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Morningstar Rating for Stocks
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Capital Allocation
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Economic Moat
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Market Cap
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