3Semana·

Alstom SA: Alstom and Deutsche Bahn sign long-term framework agreement for the modernization and digitalization of the German rail network

$ALO (+1,49%)

Hello my dears,

Could Alstrom still be a hidden profiteer of the

financial package?

Your opinion is important to me.

P/E RATIO

2025. 2026. 2027

13,95 11,01 8,97

Profit/share

2025. 2026. 2027

1,49 1,89 2,32

Dividend yield

2025. 2026. 2027

0,22% 1,16% 2,11%

Profit (before taxes) in € million

2025. 2026. 2027

339,51 814,28 1.098,91

Free cash flow in € million

2025. 2026. 2027

326,89 486,14 651,00

EbiT margin

2025. 2026. 2027

4,26% 5,84% 6,78%

(Source finances)

Framework agreement worth over 600 million euros

Several call-offs between 2025-2028 and implementation period until 2032

Integration of digital signal boxes and train control and safety technology

https://www.finanznachrichten.de/nachrichten-2025-02/64525649-alstom-s-a-alstom-and-deutsche-bahn-sign-long-term-framework-contract-for-the-modernisation-and-digitalisation-of-the-german-rail-network-399.htm

Alstom receives order to supply electric locomotives to Slovenia.

Train manufacturer Alstom has received an order worth around 150 million euros. The company will supply 30 Traxx universal multi-system locomotives to the Slovenian railroad SŽ for freight transport.

https://bahnblogstelle.com/230220/alstom-erhaelt-auftrag-zur-lieferung-von-elektrolokomotiven-nach-slowenien/

Alstom is supporting the British railroad company GTR in the reactivation of 30 Class 379 trains, for which both companies have signed a modification agreement.

https://bahnblogstelle.com/228586/alstom-unterstuetzt-gtr-bei-reaktivierung-von-30-zuegen/#google_vignette

Alstom, a world leader in intelligent and sustainable mobility, has signed a contract worth 781 million euros with the Moroccan National Railway Office (ONCF) for the supply of 18 Avelia Horizon high-speed trains.

https://www.finanznachrichten.de/nachrichten-2025-03/64957259-alstom-s-a-alstom-will-supply-18-avelia-horizon-trains-for-morocco-s-high-speed-rail-expansion-399.htm

DEUTSCHE BANK RESEARCH rates ALSTOM at 'Buy'

https://www.finanznachrichten.de/nachrichten-2025-03/64931013-deutsche-bank-research-stuft-alstom-auf-buy-322.htm

JPMORGAN rates ALSTOM to 'Overweight'

https://www.finanznachrichten.de/nachrichten-2025-03/64929988-jpmorgan-stuft-alstom-auf-overweight-322.htm

bahnblogstelle.comAlstom erhält Auftrag zur Lieferung von Elektrolokomotiven nach Slowenien

7 Comentários

GAE@TheRealGAE

3Semana

However, if you want to focus on a growing market in the rail transportation sector, then these three players should definitely be in your portfolio ☺️

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Tenbagger2024@Tenbagger2024

3Semana

@TheRealGAE
Yes, perhaps Siemens is a good value. Because Siemens is very broadly positioned. And the company is increasingly becoming a major player in the field of industrial AI and the digital twin.

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GAE@TheRealGAE

3Semana

Alstom is a large supplier and has benefited well from the takeover of Bombardier (zmd train industry).

The rail sector is an exciting area, but you should also have insider knowledge in order to profit well.

As far as I know, Siemens Mobility was once available separately as a share, but was withdrawn because it was not profitable. The market is likely to be very difficult, which is why I think that Siemens is a good investment, but not if you only rely on the Mobility division (for more information, I would have to analyze the reports more closely).

As far as STADLER is concerned, I believe that the time has come for them to make a name for themselves. With the ÖBB contract alone, they will be a strong competitor to ÖBB. Cf. KISS vs Railjet Gen 2. ICE also comes from Siemens.

Alstom makes the TGV/AGV.

Maybe I, as an old railroad enthusiast, will find the time to do a post on this ☺️

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Tenbagger2024@Tenbagger2024

3Semana

@TheRealGAE
I would love to see a comparison of the companies. I would also like to add that Alstrom has enormous delivery problems and can sometimes only deliver months later. Just like the KVB light rail system. That's why I can't quite understand why plants are being closed on the other side.

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batic420@batic420

3Semana

From the fundamental values you showed in the post, I think the company is really firmly in the saddle. However, I don't know to what extent the financial package could provide DB with cash 🙁

In my opinion, DB is simply being neglected too much (but it's clearly a social market economy, which doesn't necessarily flush money into the state coffers, and not that much money is invested in it). 😅

But you can also see that a lot of money is being invested in the company without DE, through orders from Slovenia etc. - The share price targets of Deutsche Bank and JPM naturally provide additional security here 😎

All in all, however, I think the share is definitely interesting!

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GAE@TheRealGAE

3Semana

In Germany, Siemens Mobility, part of $SIE, and $SRAIL are particularly well represented. As Stadler already has a pioneering position in DoSto railcars and Siemens Mobility has the Vectron (currently) and the Taurus (no longer current as far as I know) in its portfolio, Alstom will have a hard time. Especially when it comes to entering the German market, where ÖBB and DB are not small players.

But here it is hard to say how the Winf will move, considering that Siemens was a favorite of ÖBB, but they are now switching to Stadler for long-distance transport, presumably due to quality deficiencies.

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Tenbagger2024@Tenbagger2024

3Semana

@TheRealGAE
I find the growth at Stadler quite astonishing. And in 2027 they want to achieve a dividend yield of over 6%. It is therefore somewhat incomprehensible that the share price is not rising.

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