Atos Group SE AEXAY

Information TechnologySoftware & IT ServicesFrance

Last close 6.00 USD on Nov 3, 2026, −42.1% year to date

Quant rating

Quant rating D Rank 159 of 200 in Information Technology

Growth D 160 of 200
Valuation C 110 of 200
Quality D 166 of 200
Revisions C 86 of 200
Momentum D 168 of 200

Wall Street consensus Hold (3.29)Average target 40.91 USD +581.9%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 576M
Enterprise value: 2.8B
52-week range: 6.00 – 12.90
3-year range: 3.41 – 16,791.21
Dividend yield: –
Beta (5 years): 1.17
Shares outstanding: 19.9M
Next earnings: Feb 26, 2027

About the company

Atos Group SE is a France-based company that provides digital transformation and IT services. The Company’s activity is organized around under two brands: Atos for services and Eviden for products and systems. It offers end-to-end IT services across the cloud, cybersecurity, data and AI, application services, digital platforms, and workplace, as well as localized consulting and advisory services. It provides secure and carbon-free digital technology. The Company offers its clients digital solutions, consulting services, as well as digital security and decarbonization solutions. It also provides cloud and digital workplace solutions and managed security services.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	9,397	9,915	11,801	12,137	12,322	–
Revenue growth	−5.2%	−16.0%	−2.8%	−1.5%	−9.8%	−7.2%
EPS (basic, normalized)	−13.82	−539.50	53.10	−19.64	−167.16	–
EPS growth	–	–	–	–	–	–
Gross margin	77.6%	75.2%	73.9%	69.9%	71.5%	73.6%
Net margin	−17.5%	2.6%	−32.2%	−8.9%	−27.3%	−16.7%
ROE	−23,400.0%	58.0%	−178.8%	−24.6%	−52.4%	−4,719.6%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Current ratio	–
Long-term debt (mil)	–
Net debt (mil)	–
Total equity (mil)	–
Net debt / equity	–
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	9,397	−5.2%	0.3x	1,032	+57.8%	2.7x	−13.82	+97.4%	−0.4x
2026	7,571	−19.4%	0.4x	681	−34.0%	4.1x	−6.50	+52.9%	−0.9x
2027	7,633	+0.8%	0.4x	840	+23.3%	3.3x	8.03	+223.5%	0.7x
2028	7,776	+1.9%	0.4x	898	+6.9%	3.1x	7.46	−7.2%	0.8x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	7,571	+0.3%	−0.4%	−0.6%	−6.50	−78.0%	−10.2%	−443.0%
2027	7,633	+0.2%	−0.8%	−1.0%	8.03	+8.8%	+21.9%	+33.5%
2028	7,776	+0.2%	−1.7%	−2.1%	7.46	−35.3%	−29.4%	−25.3%

Earnings surprises

Reported results versus consensus, last 10 fiscal quarters
	FQ-9	FQ-8	FQ-7	FQ-6	FQ-5	FQ-4	FQ-3	FQ-2	FQ-1	FQ0
Sales reported (mil)	–	–	–	–	–	–	–	–	–	–
Sales mean (mil)	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–
EPS reported	–	–	–	–	–	–	–	–	–	–
EPS mean	–	–	–	–	–	–	–	–	–	–
Surprise	–	–	–	–	–	–	–	–	–	–

FQ0 is the most recent reported quarter, FQ-1 the one before, and so on.

Peer comparison Software & IT Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
AEXAY Atos Group SE	576M	–	−17.5%	−0.40x	−0.9x	0.7x	4.1x	3.3x
CARS Cars.com Inc	619M	1.96x	2.8%	1.41x	13.4x	10.2x	4.8x	4.7x
UBSFY Ubisoft Entertainment SA	608M	–	−105.7%	0.36x	−0.6x	26.2x	2.2x	1.7x
BRUN Boost Run Inc	608M	–	–	–	−4.8x	10.1x	6.0x	2.0x
WEAV Weave Communications, Inc.	595M	−7.94x	−11.7%	6.96x	43.5x	29.9x	28.5x	20.0x
IBEX Ibex Ltd	593M	−0.38x	7.2%	3.47x	12.0x	10.9x	6.0x	5.5x
Mean		−2.12x	−25.0%	2.36x	10.4x	14.7x	8.6x	6.2x
Median		−0.38x	−11.7%	1.41x	5.7x	10.6x	5.4x	4.0x

Technical analysis

1M0.0%
3M−33.9%
1Y−33.3%
3Y−100.0%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Atos Group SE, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	9,397	9,915	11,801	12,137	12,322	13,655
Cost of revenue	2,104	2,456	3,082	3,647	3,510	3,644
Gross profit	7,294	7,459	8,718	8,490	8,811	10,011
Selling, general & administrative expenses	5,580	6,158	7,095	7,242	7,208	7,721
Research & development	–	–	–	–	–	–
Depreciation/amortization	552	588	767	842	969	1,022
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	1,305	−854	3,807	1,063	3,233	161
Other operating expenses	834	676	477	194	548	313
Operating income	−977	891	−3,428	−851	−3,147	794
Net interest income (expense)	−429	−253	−161	−141	−136	−12.2
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−78.7	−160	−88.3	−46.0	−35.2	−50.1
Net income before taxes	−1,485	478	−3,677	−1,038	−3,318	732
Provision for taxes	163	222	124	49.2	44.3	62.3
Minority interest	−1.2	0	−1.1	0	−3.4	−3.7
Equity in affiliates	0	0	5.5	4.3	0	6.1
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−1,649	257	−3,796	−1,083	−3,366	672
Extraordinary items	–	–	–	–	–	0
Net income	−1,649	257	−3,796	−1,083	−3,366	672
EBIT, normalized	410	186	380	212	86.4	955
EBITDA, normalized	929	715	1,008	990	942	1,862
Basic EPS, normalized	−13.82	−539.50	53.10	−19.64	−167.16	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Atos Group SE, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	1,311	1,802	2,547	3,584	3,849	4,024
Receivables	2,547	3,129	3,688	3,530	3,670	4,229
Total inventory	43.5	163	193	168	142	172
Prepaid expenses	707	827	637	639	731	961
Other current assets	204	71.4	94.9	107	107	159
Total current assets	4,813	5,992	7,160	8,028	8,499	9,546
Property, plant & equipment	644	1,170	1,150	1,398	1,697	2,014
Goodwill	546	676	3,173	5,677	5,803	7,499
Intangibles	290	361	584	984	1,238	1,699
Long-term investments	91.6	141	166	162	663	815
Note receivable	–	–	–	–	–	–
Other long-term assets	1,041	197	232	1,297	1,220	567
Total assets	7,425	8,537	12,464	17,545	19,120	22,138
Liabilities
Accounts payable	1,028	1,054	2,280	2,341	2,277	2,723
Payable/accrued	–	–	–	–	–	–
Accrued expenses	994	927	1,185	1,084	1,137	1,157
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	216	232	2,602	2,912	2,511	1,762
Other current liabilities	1,384	1,577	1,719	1,676	1,516	1,528
Total current liabilities	3,621	3,789	7,787	8,013	7,442	7,170
Long-term debt	3,028	2,678	3,441	3,375	4,143	4,450
Minority interest	−3.5	0	5.5	7.5	6.8	12.2
Other liabilities	1,704	1,242	1,169	2,091	2,484	2,126
Total liabilities	8,349	7,710	12,402	13,487	14,075	13,759
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	22.3	18.6	122	119	126	134
Additional paid-in capital	2,216	1,954	1,654	1,604	1,703	1,803
Retained earnings (accumulated deficit)	−3,164	−1,145	−1,715	2,336	3,215	7,336
Treasury stock	–	–	–	–	–	–
Other equity	1.2	0	0	−1.1	1.1	−894
Total equity	−924	827	61.8	4,058	5,045	8,379
Total liabilities & shareholders' equity	7,425	8,537	12,464	17,545	19,120	22,138

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Atos Group SE, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−1,485	478	−3,677	−1,038	−3,318	732
Depreciation, depletion & amortization	552	588	413	444	541	592
Deferred taxes	–	–	–	–	–	–
Non-cash items	1,103	2,789	3,174	642	3,475	379
Changes in working capital	110	−5,307	−365	409	−267	−214
Cash from operations	281	−1,451	−456	457	431	1,489
Investing activities
Capital expenditures	−200	−460	−226	−269	−309	−391
Other investing cash flows	−8.2	250	461	0	−437	1,147
Cash from investing	−208	−210	235	−269	−746	756
Financing activities
Financing cash flow items	−190	−243	−87.2	−115	−34.1	−58.6
Cash dividends paid	–	−13.5	−35.3	−9.6	−111	0
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−329	1,312	−564	−201	487	−1,001
Cash from financing	−519	1,055	−686	−325	341	−1,060
Foreign exchange effects	−110	30.0	−80.6	83.5	83.0	−199
Net change in cash	−557	−577	−988	−53.5	109	986
Free cash flow	81.0	−1,911	−682	188	122	1,098

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 3, 2026 after market close.