Soluciones Cuatroochenta S.A. (480S.MC) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+455.6%

€99.46

vs €17.90 price

Levered DCF

€176.00

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.05

Grey zone

Rating

B+

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	20.39×	27.14×	107.2×	-22.38×	-185×	-141×	-66.5×
P/B	3.04×	2.67×	1.82×	2.19×	9.28×	12×	15×
P/S	1.14×	1.08×	0.84×	1.21×	2.99×	8.92×	5.13×
EV / EBITDA	9.83×	9.48×	10.74×	17.98×	30.72×	480.2×	275.53×
Gross margin	31.8%	30.6%	30.5%	32.8%	33.4%	31.1%	43.1%
Operating margin	5.8%	5.2%	2.0%	-2.4%	0.4%	-1.6%	6.7%
Net margin	5.6%	4.0%	0.8%	-6.0%	-1.5%	-6.2%	2.4%
Current ratio	0.78×	0.82×	1×	1.1×	0.8×	1.2×	1.36×
Debt / equity	1.24×	0.75×	0.95×	1.09×	2.17×	0.77×	1.02×
Interest coverage	2.61×	2.54×	0.79×	-0.81×	0.18×	-2.03×	8.85×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	14.9%	9.9%	1.7%	-10.8%	-4.6%	-8.3%	7.0%
Return on invested capital	5.8%	5.9%	1.2%	-1.8%	0.4%	-0.8%	3.5%
Return on assets	4.1%	2.8%	0.6%	-3.5%	-0.9%	-2.6%	2.0%
Free cash flow yield	8.6%	14.0%	4.8%	-6.2%	1.9%	-0.9%	1.7%
Earnings yield	4.9%	3.7%	0.9%	-4.9%	-0.5%	-0.7%	0.5%
Enterprise value	€51M	€34.8M	€26.6M	€30M	€47.7M	€65.7M	€31.5M
Net debt / EBITDA	1.83×	1.32×	3.12×	4.56×	4.23×	9.99×	9.37×
Cash conversion cycle (days)	81	143	109	115	-48	116	-7