EN DE

Alstom SA (ALSMY) Fair Value & Analysis

Industrials · US · Market cap $8.3B

AS Alstom SA logo Alstom SA ALSMY · US
Price$1.88
Fair Value$2.08
Upside+10.6%
Quality41/100
Watch Alstom SA for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 1.7% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/14)
Narrow moat 29/100
Evidence: High Range $1.69 – $3.05 Share as image

Fair value as of: Jul 14, 2026

From 25 valuation models · updated 27 days ago

Share price +8.0% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • A fairly wide model range ($1.69 to $3.05) leaves room in how you read the outcome.
  • Our model range runs from $1.69 (bear) to $3.05 (bull), base $2.08. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 41/100 (below-average quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$5.16 $1.08 Fair Value $2.08 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range $1.08 – $5.16 · fair‑value band $1.69 – $3.05 · the $1.88 price screens below the $2.08 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Alstom SA (ALSMY) currently trades at $1.88, while our model-based Fair Value estimate is $2.08, implying the stock looks roughly 10.6% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Alstom SA generated revenue of $19.2B at a net margin of 1.7%. Revenue grew 4.1% year over year. It earns a return on equity of 3.4%. Net debt stands at $1.3B. Fundamentals as of Jul 14, 2026

Our scenario range runs from $1.69 (bear case) to $3.05 (bull case); at $1.88, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 46% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -28% fair-value upside, at 11%, ALSMY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $0.8100 $1.10 $1.49 80
Residual Income $1.74 $1.75 $1.66 76
Rev-Margin DCF $1.16 $1.84 $2.57 74
All 25 models by family
DCF Models
FCF DCF $0.8000 $1.12 $1.57 38
Owner Earnings $1.86 $2.66 $3.77 31
5Y Revenue Exit $1.16 $1.84 $2.69 39
5Y EBITDA Exit $2.10 $3.54 $5.18 41
5Y P/E Exit $1.40 $2.27 $3.16 38
10Y Revenue Exit $0.9700 $1.55 $2.28 36
10Y EBITDA Exit $1.59 $2.68 $4.08 37
10Y P/E Exit $1.16 $1.83 $2.62 35
Earnings-Based
Graham-Dodd $0.8300 $2.11 $2.75 54
PEG = 1.0 $0.3900 $0.5600 $0.7300 46
EPV $1.01 $1.16 $1.29 59
Dividend Discount
Gordon GGM $0.0700 $0.1300 $0.2200 70
DDM Multi-Stage $0.0700 $0.1100 $0.1500 61
Multiples
P/E Multiple $1.92 $2.56 $3.20 63
P/S Multiple $1.55 $2.07 $2.59 58
P/B Multiple $1.55 $2.07 $2.59 55
EV/EBIT $2.01 $2.65 $3.30 53
EV/EBITDA $3.27 $4.33 $5.40 54
EV/Revenue $1.45 $2.05 $2.64 43
Asset-Based
NCAV (Graham) $1.15 $1.54 $2.30 50
Growth DCF
Growth DCF $0.8100 $1.10 $1.49 80
Rev-Margin DCF $1.16 $1.84 $2.57 74
Economic Profit
Residual Income $1.74 $1.75 $1.66 76
ROIC Compounder $1.01 $1.16 $1.29 72
Growth Earnings
Growth-Adj P/E $1.49 $2.13 $2.76 68

Widest divergence: Growth Earnings ($2.13) versus Dividend Discount ($0.1100). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $19.2B
Revenue growth (YoY) +4.1%
Net margin 1.7%
Return on equity 3.4%
Free cash flow $326M FY2026
P/E ratio 25.7
More key figures
Operating margin 3.3%
EPS (TTM) $0.0700
EPS growth (YoY) -29.5%
Net debt $1.3B FY2026

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 40 · Market factors (momentum, volatility) 23

Profitability 26
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 31
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 15
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 32
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Alstom SA provides solutions for rail transport industry in Europe, the Americas, the Asia Pacific, the Middle East, Central Asia, and Africa.

Full company description

Alstom SA provides solutions for rail transport industry in Europe, the Americas, the Asia Pacific, the Middle East, Central Asia, and Africa. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter and regional trains, high-speed trains, and locomotives; asset optimization, connectivity, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling. It also provides APM, monorail, tram, metro, and main line systems; and tracklaying and track, catenary free and ground feeding, electrification, cybersecurity, and engineering consultancy solutions, as well as electromechanical equipment. In addition, the company offers rail maintenance, modernization, overhaul, parts, repair and overhauls, and support services. Further, it provides various components, including bogies, motors, dampers, brake friction products, switchgears, traction and auxiliary converters, transformers, green traction solutions, interiors, and train control and information systems. The company offers its products and solutions to original equipment manufacturers, operators, and asset owners. Alstom SA was founded in 1928 and is based in Saint-Ouen, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Alstom SA reported revenue of $19.3B in FY2026 versus $15.5B in FY2022, a compound +5.7%/yr. Reported net income was $564M in FY2026.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
$19.3B
Latest YoY
+4.4%
Avg. growth/yr (3Y)
+5.3%
Avg. growth/yr (5Y)
+17.0%
Avg. growth/yr (28Y)
+2.0%
Revenue +5.7%/yr
FY22 $15.5B
FY23 $16.5B
FY24 $17.6B
FY25 $18.5B
FY26 $19.3B
Net income
FY22 −$576M
FY23 −$128M
FY24 −$309M
FY25 $149M
FY26 $564M

Watch ALSMY: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Alstom SA Fair Value". https://www.fairvalue-calculator.com/stock/ALSMY

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Railroads · 111 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 41 · Bottom 25%
Fair Value upside +11% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 1% · Bottom 25%
Net margin (TTM) 2% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth 4% · Above median
Debt / equity 0.19× · Lower than median

Valuation Multiples vs Railroads median · lower = cheaper

P/E (TTM) 25.7× · Pricier than median
P/B 0.78× · Cheaper than 75% of peers
P/S (TTM) 0.43× · Cheaper than 75% of peers
P/FCF 25.5× · Pricier than 75% of peers
EV/EBITDA 6.9× · Cheaper than median
PEG 0.52× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 47 · sector 28
FUTURE 21 · sector 20
PAST 14 · sector 31
HEALTH 91 · sector 88
DIVIDEND 0 · sector 41

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Railroads stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Union Pacific Corporation UNP $301.75 $144.60 -52%
CSX Corporation CSX $49.41 $12.85 -74%
Canadian Pacific Kansas City Limited CP $92.91 $35.00 -62%
Canadian National Railway Company CNI $128.22 $92.63 -28%
Norfolk Southern Corporation NSC $327.47 $117.90 -64%
Westinghouse Air Brake Technologies Corporation WAB $259.71 $144.80 -44%
Beijing-Shanghai High-Speed Railway Co 601816 ¥4.82 ¥5.65 +17%
CRRC Corporation 601766 ¥5.65 ¥9.53 +69%
Daqin Railway Co 601006 ¥4.85 ¥6.24 +29%
Hyundai Rotem Company 064350 167,700 KRW 125,182 KRW -25%

Compare Alstom SA with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Alstom SA (ALSMY) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of $2.08 versus a price of $1.88, about +11% (undervalued).
What is the fair value of ALSMY?
Our model-based fair value for Alstom SA is $2.08 (as of Jul 14, 2026), built from audited fundamentals. The current price is $1.88.
What is the quality score of ALSMY?
Alstom SA has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Alstom SA (ALSMY)?
Alstom SA reported trailing-twelve-month revenue of about $19.2B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of ALSMY?
The net profit margin of Alstom SA is about 1.7%, meaning it keeps roughly 1.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track Alstom SA and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.