Atos Valuation Multiples

Discover Atos' revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Meeza QSTP, Daou Data, Plus Alpha Consulting, Malam Team and more.

Atos Overview

About Atos

Atos Group is a digital transformation company. It provides digital transformation and technology services. The company's offerings include the development and implementation of AI-enabled digital solutions, as well as related technology, integration, and support services for organizations.


Founded

1982

HQ

France

Employees

63.2K

Financials (LTM)

Revenue: $8.3B
EBITDA: $881M

EV

$2.9B

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Atos Financials

Atos reported last 12-month revenue of $8.3B and EBITDA of $881M.

In the same LTM period, Atos generated $881M in EBITDA and had net loss of ($130M).

Revenue (LTM)


Atos P&L

In the most recent fiscal year, Atos reported revenue of $9.3B and EBITDA of ($502M).

Atos is unprofitable as of last fiscal year, with gross margin of 39%, EBITDA margin of (5%), and net margin of (18%).

See analyst estimates for Atos
LTMLast FY202320242025202620272028
Revenue$8.3B$9.3B$12B$11B$9.3B
Gross Profit-$3.6B$4.1B$3.7B$3.6B
Gross Margin-39%33%34%39%
EBITDA$881M($502M)($2.9B)$1.4B($502M)
EBITDA Margin11%(5%)(23%)13%(5%)
EBIT Margin6%1%2%(1%)1%
Net Profit($130M)($1.6B)($4B)$288M($1.6B)
Net Margin(2%)(18%)(32%)3%(18%)
Net Debt-$1.5B---

Financial data powered by Morningstar, Inc.

Atos Stock Performance

Atos has current market cap of $569M, and enterprise value of $2.9B.

Market Cap Evolution


Atos' stock price is $28.82.

Atos share price decreased by 11.3% in the last 30 days, and by 57.0% in the last year.

Atos has an EPS (earnings per share) of $-82.55.

See more trading valuation data for Atos
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$2.9B$569M-0.0%-11.3%-23.6%-57.0%$-82.55

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Atos Valuation Multiples

Atos trades at 0.3x EV/Revenue multiple, and 3.2x EV/EBITDA.

See NTM and 2027E valuation multiples for Atos

EV / Revenue (LTM)


Atos Financial Valuation Multiples

As of September 14, 2026, Atos has market cap of $569M and EV of $2.9B.

Atos has a P/E ratio of (4.4x).

LTMLast FY202320242025202620272028
EV/Revenue0.3x0.3x0.2x0.3x0.3x
EV/EBITDA3.2x(5.7x)(1.0x)2.0x(5.7x)
EV/EBIT5.7x20.9x13.3x(19.7x)20.9x
EV/Gross Profit-0.8x0.7x0.8x0.8x
P/E(4.4x)(0.3x)(0.1x)2.0x(0.3x)
EV/FCF(91.0x)(26.8x)(3.4x)(1.2x)(26.8x)

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Atos Valuation Multiples

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Atos Margins & Growth Rates

Atos decreased revenue by 16% and EBITDA by 265% in the last fiscal year.

In the most recent fiscal year, Atos reported gross margin of 39%, EBITDA margin of (5%), and net margin of (18%).

See estimated margins and future growth rates for Atos

Atos Margins

Last FY202420252026202720282029
Gross Margin39%34%39%-
EBITDA Margin(5%)13%(5%)11%
EBIT Margin1%(1%)1%7%
Net Margin(18%)3%(18%)(2%)
FCF Margin(1%)(21%)(1%)2%

Atos Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth(16%)(10%)(16%)(16%)
Gross Profit Growth-(8%)(4%)-
EBITDA Growth(265%)(150%)(135%)(265%)
EBIT Growth295%(168%)(194%)295%
Net Profit Growth(92%)(107%)(666%)(92%)
FCF Growth(227%)181%(95%)(227%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Atos Operational KPIs

Atos' revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.1M for the same period.

Atos' Rule of 40 is (5%) (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Atos' Rule of X is (29%) (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Atos
LTMLast FY202320242025202620272028
Rule of 406%(5%)---
Bessemer Rule of X(1%)(29%)---
Revenue per Employee-$0.1M---
Opex per Employee-$0.1M---
G&A Expenses to Revenue-4%4%4%4%
Opex to Revenue-37%31%35%37%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Atos Competitors

Atos competitors include Meeza QSTP, Daou Data, Plus Alpha Consulting, Malam Team, Argo Graphics, IndoInternet, Brilliance Technology, Bouvet, Baudroie and Edarat Group.

Most Atos public comparables operate across IT Consulting.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
Meeza QSTP6.3x5.5x20.7x17.3x
Daou Data----
Plus Alpha Consulting4.0x3.5x12.2x8.9x
Malam Team----
Argo Graphics0.8x0.8x2.1x-
IndoInternet15.9x-29.6x-
Brilliance Technology3.6x2.5x368.6x62.2x
Bouvet1.3x1.3x9.1x9.4x

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Acquisitions by Atos

Atos has acquired 36 companies to date.

Last acquisition by Atos was on November 7th 2025. Atos acquired Cosmian for undisclosed valuation.

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Latest Acquisitions by Atos

Cosmian
Cloudreach
AppCentrica
Datasentics
Description
Cosmian is a Paris-headquartered developer of confidential computing software. The company delivers homomorphic encryption libraries and zero-trust data collaboration tools for secure AI training on encrypted datasets. Solutions enable analytics over sensitive health, finance, and industrial data without decryption. Clients include French government agencies and enterprises using Kubernetes-integrated platforms for multi-party computations.
Cloudreach is a London-headquartered cloud consultancy founded in 2009, partnering with AWS, Microsoft, Google, and Salesforce to enable, integrate, and operate cloud platforms for enterprises exceeding one billion dollars in revenue. As the oldest AWS systems integrator globally, Cloudreach maintains offices in Amsterdam, Atlanta, Chicago, Cologne, Dallas, Edinburgh, Munich, New York, Paris, Vancouver, and Zurich, and forms part of Blackstone’s portfolio.
AppCentrica builds enterprise applications emphasizing analytics, process automation, customer experiences, and integration for large organizations. Toronto-headquartered since 2010, the firm employs developers, architects, project managers, and consultants to drive efficiency and risk reduction.
-
HQ CountryFranceUnited KingdomCanadaCzech Republic
HQ City
Paris
London
Toronto
-
Deal Date7 Nov 20257 Dec 20211 Dec 202120 Oct 2021
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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About Atos

When was Atos founded?Atos was founded in 1982.
Where is Atos headquartered?Atos is headquartered in France.
How many employees does Atos have?As of today, Atos has over 63K employees.
Who is the CEO of Atos?Atos' CEO is Philippe Salle.
Is Atos publicly listed?Yes, Atos is a public company listed on Euronext Paris.
What is the stock symbol of Atos?Atos trades under ATO ticker.
When did Atos go public?Atos went public in 1989.
Who are competitors of Atos?Atos main competitors include Meeza QSTP, Daou Data, Plus Alpha Consulting, Malam Team, Argo Graphics, IndoInternet, Brilliance Technology, Bouvet, Baudroie, Edarat Group.
What is the current market cap of Atos?Atos' current market cap is $569M.
What is the current revenue of Atos?Atos' last 12 months revenue is $8.3B.
What is the current revenue growth of Atos?Atos revenue growth (NTM/LTM) is (5%).
What is the current EV/Revenue multiple of Atos?Current revenue multiple of Atos is 0.3x.
What is the current EBITDA of Atos?Atos' last 12 months EBITDA is $881M.
What is Atos' EBITDA margin?Atos' last 12 months EBITDA margin is 11%.
What is the current EV/EBITDA multiple of Atos?Current EBITDA multiple of Atos is 3.2x.
What is the current FCF of Atos?Atos' last 12 months FCF is ($31M).
What is Atos' FCF margin?Atos' last 12 months FCF margin is (0%).
What is the current EV/FCF multiple of Atos?Current FCF multiple of Atos is (91.0x).
How many companies Atos has acquired to date?As of September 2026, Atos has acquired 36 companies.
What was the largest acquisition by Atos?$3.6B acquisition of Syntel on 22nd July 2018 was the largest M&A Atos has done to date.
What companies Atos acquired?Atos acquired Syntel, BULL, Unify, Anthelio, IDnomic, Infopartners OOD, Motiv ICT Security, SEC Consult, Profit4SF, Conduent (Breakaway Group unit), and 26 other companies.
In how many companies Atos has invested to date?Atos hasn't invested in any companies yet (or none have been disclosed publicly).

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