Alten SA (ATE) - Net Assets
Based on the latest financial reports, Alten SA (ATE) has net assets worth €2.22 Billion EUR (≈ $2.60 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.64 Billion ≈ $4.25 Billion USD) and total liabilities (€1.41 Billion ≈ $1.65 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Alten SA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.22 Billion |
| % of Total Assets | 61.14% |
| Annual Growth Rate | 15.79% |
| 5-Year Change | 56.46% |
| 10-Year Change | 200.81% |
| Growth Volatility | 8.96 |
Alten SA - Net Assets Trend (2001–2025)
This chart illustrates how Alten SA's net assets have evolved over time, based on quarterly financial data. See Alten SA (ATE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Alten SA (2001–2025)
The table below shows the annual net assets of Alten SA from 2001 to 2025. For live valuation and market cap data, see Alten SA market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.22 Billion ≈ $2.60 Billion |
+0.64% |
| 2024-12-31 | €2.21 Billion ≈ $2.58 Billion |
+8.45% |
| 2023-12-31 | €2.04 Billion ≈ $2.38 Billion |
+10.80% |
| 2022-12-31 | €1.84 Billion ≈ $2.15 Billion |
+29.38% |
| 2021-12-31 | €1.42 Billion ≈ $1.66 Billion |
+17.14% |
| 2020-12-31 | €1.21 Billion ≈ $1.42 Billion |
+8.96% |
| 2019-12-31 | €1.11 Billion ≈ $1.30 Billion |
+14.49% |
| 2018-12-31 | €972.43 Million ≈ $1.14 Billion |
+16.57% |
| 2017-12-31 | €834.23 Million ≈ $975.31 Million |
+12.87% |
| 2016-12-31 | €739.12 Million ≈ $864.11 Million |
+13.74% |
| 2015-12-31 | €649.81 Million ≈ $759.70 Million |
+15.58% |
| 2014-12-31 | €562.23 Million ≈ $657.31 Million |
+11.92% |
| 2013-12-31 | €502.35 Million ≈ $587.30 Million |
+12.35% |
| 2012-12-31 | €447.11 Million ≈ $522.72 Million |
+11.97% |
| 2011-12-31 | €399.30 Million ≈ $466.83 Million |
+8.49% |
| 2010-12-31 | €368.07 Million ≈ $430.31 Million |
+9.26% |
| 2009-12-31 | €336.87 Million ≈ $393.83 Million |
+6.08% |
| 2008-12-31 | €317.55 Million ≈ $371.25 Million |
+19.98% |
| 2007-12-31 | €264.67 Million ≈ $309.43 Million |
+24.19% |
| 2006-12-31 | €213.13 Million ≈ $249.17 Million |
+32.01% |
| 2005-12-31 | €161.44 Million ≈ $188.75 Million |
+35.42% |
| 2004-12-31 | €119.22 Million ≈ $139.38 Million |
+32.09% |
| 2003-12-31 | €90.26 Million ≈ $105.52 Million |
+9.16% |
| 2002-12-31 | €82.68 Million ≈ $96.67 Million |
+25.48% |
| 2001-12-31 | €65.89 Million ≈ $77.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alten SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 451.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €106.92 Million | 4.81% |
| Common Stock | €37.11 Million | 1.67% |
| Other Components | €2.08 Billion | 93.52% |
| Total Equity | €2.22 Billion | 100.00% |
Alten SA Competitors by Market Cap
The table below lists competitors of Alten SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Distribuidora Internacional de Alimentación S.A
MC:DIA
|
$2.20 Billion |
|
Suzhou Jinhong Gas Co Ltd
SHG:688106
|
$2.20 Billion |
|
Custom Truck One Source Inc
NYSE:CTOS
|
$2.20 Billion |
|
Torunlar Gayrimenkul Yatirim Ortakligi AS
IS:TRGYO
|
$2.20 Billion |
|
Shanghai Zhenhua Heavy Industries Co Ltd A
SHG:600320
|
$2.20 Billion |
|
Eastern Communications Co Ltd A
SHG:600776
|
$2.20 Billion |
|
Elkem ASA
OL:ELK
|
$2.20 Billion |
|
Wedge Industrial Co Ltd
SHE:000534
|
$2.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alten SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,209,350,000 to 2,223,386,000, a change of 14,036,000 (0.6%).
- Net income of 106,915,000 contributed positively to equity growth.
- Dividend payments of 52,191,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,925,213,000.
- Other factors increased equity by 1,884,525,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €106.92 Million | +4.81% |
| Dividends Paid | €52.19 Million | -2.35% |
| Other Comprehensive Income | €-1.93 Billion | -86.59% |
| Other Changes | €1.88 Billion | +84.76% |
| Total Change | €- | 0.64% |
Book Value vs Market Value Analysis
This analysis compares Alten SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 30.15x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | €2.08 | €62.80 | x |
| 2002-12-31 | €2.57 | €62.80 | x |
| 2003-12-31 | €2.76 | €62.80 | x |
| 2004-12-31 | €3.82 | €62.80 | x |
| 2005-12-31 | €5.06 | €62.80 | x |
| 2006-12-31 | €6.68 | €62.80 | x |
| 2007-12-31 | €8.33 | €62.80 | x |
| 2008-12-31 | €10.01 | €62.80 | x |
| 2009-12-31 | €10.58 | €62.80 | x |
| 2010-12-31 | €11.57 | €62.80 | x |
| 2011-12-31 | €12.40 | €62.80 | x |
| 2012-12-31 | €13.91 | €62.80 | x |
| 2013-12-31 | €15.40 | €62.80 | x |
| 2014-12-31 | €17.04 | €62.80 | x |
| 2015-12-31 | €19.54 | €62.80 | x |
| 2016-12-31 | €21.94 | €62.80 | x |
| 2017-12-31 | €24.71 | €62.80 | x |
| 2018-12-31 | €28.49 | €62.80 | x |
| 2019-12-31 | €32.83 | €62.80 | x |
| 2020-12-31 | €35.37 | €62.80 | x |
| 2021-12-31 | €41.26 | €62.80 | x |
| 2022-12-31 | €53.08 | €62.80 | x |
| 2023-12-31 | €58.86 | €62.80 | x |
| 2024-12-31 | €63.22 | €62.80 | x |
| 2025-12-31 | €62.91 | €62.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alten SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.61%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 1.64x
- Recent ROE (4.81%) is below the historical average (15.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 29.66% | 7.54% | 1.54x | 2.55x | €12.84 Million |
| 2002 | 20.18% | 5.71% | 1.40x | 2.52x | €8.28 Million |
| 2003 | 8.74% | 2.67% | 1.46x | 2.24x | €-1.13 Million |
| 2004 | 22.68% | 7.91% | 1.30x | 2.20x | €15.07 Million |
| 2005 | 23.76% | 8.71% | 1.34x | 2.04x | €22.01 Million |
| 2006 | 21.50% | 7.95% | 1.34x | 2.01x | €24.49 Million |
| 2007 | 16.23% | 6.12% | 1.37x | 1.94x | €16.45 Million |
| 2008 | 17.16% | 6.44% | 1.29x | 2.06x | €22.73 Million |
| 2009 | 5.15% | 2.02% | 1.33x | 1.91x | €-16.33 Million |
| 2010 | 14.58% | 5.85% | 1.36x | 1.83x | €16.83 Million |
| 2011 | 14.93% | 5.59% | 1.47x | 1.82x | €19.67 Million |
| 2012 | 17.50% | 6.52% | 1.54x | 1.74x | €33.50 Million |
| 2013 | 14.72% | 6.07% | 1.42x | 1.71x | €23.66 Million |
| 2014 | 14.15% | 5.78% | 1.39x | 1.76x | €23.27 Million |
| 2015 | 16.40% | 6.90% | 1.33x | 1.79x | €41.46 Million |
| 2016 | 15.22% | 6.43% | 1.32x | 1.80x | €38.53 Million |
| 2017 | 17.66% | 7.44% | 1.39x | 1.70x | €63.77 Million |
| 2018 | 16.32% | 6.95% | 1.37x | 1.72x | €61.11 Million |
| 2019 | 14.75% | 6.26% | 1.28x | 1.84x | €52.85 Million |
| 2020 | 8.08% | 4.20% | 1.08x | 1.77x | €-23.35 Million |
| 2021 | 14.62% | 7.11% | 1.11x | 1.85x | €65.69 Million |
| 2022 | 24.88% | 12.10% | 1.12x | 1.83x | €273.68 Million |
| 2023 | 11.45% | 5.73% | 1.19x | 1.67x | €29.49 Million |
| 2024 | 8.44% | 4.50% | 1.14x | 1.65x | €-34.52 Million |
| 2025 | 4.81% | 2.61% | 1.13x | 1.64x | €-115.42 Million |
Industry Comparison
This section compares Alten SA's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $613,718,270
- Average return on equity (ROE) among peers: 14.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alten SA (ATE) | €2.22 Billion | 29.66% | 0.64x | $2.20 Billion |
| Hitechpros (ALHIT) | $5.94 Million | 15.19% | 0.50x | $24.23 Million |
| IT Link (ALITL) | $7.56 Million | 34.99% | 2.25x | $29.34 Million |
| Keyrus SA (ALKEY) | $45.74 Million | 8.70% | 5.93x | $112.89 Million |
| Atos SE (ATO) | $1.66 Billion | 2.15% | 1.61x | $824.65 Million |
| Aubay Société Anonyme (AUB) | $229.95 Million | 14.96% | 0.81x | $662.40 Million |
| Capgemini SE (CAP) | $3.53 Billion | -14.54% | 0.66x | $16.80 Billion |
| Union Technologies Informatique Group S.A (FPG) | $2.30 Million | 21.31% | 5.51x | $7.79 Million |
| Infotel SA (INF) | $32.66 Million | 20.86% | 0.91x | $256.81 Million |
| Cheops Technology France SA (MLCHE) | $1.11 Million | 28.83% | 2.53x | $126.50 Million |
About Alten SA
Alten S.A. operates as an engineering and technology consultancy company in France, North America, Germany, Scandinavia, Benelux, Iberian, Italy, the United Kingdom, the Asia-Pacific, Switzerland, Eastern Europe, and internationally. It undertakes projects for the technical, research and development, and information systems divisions of industrial, telecoms, and service clients. The company also … Read more