Admie Holding S.A. (ADMIE.AT) 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

-1611.9%

-€66.30

vs €4.39 price

Levered DCF

-€12.86

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

53.61

Safe 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	FY2018
P/E	11.26×	4.03×	4.44×	13.08×	16.13×	13.95×	10.09×	8.61×
P/B	0.88×	0.42×	0.64×	0.28×	0.4×	0.45×	0.4×	0.64×
P/S	1.54×	1.28×	8.66×	13.27×	1.04×	14.18×	0.71×	8.57×
EV / EBITDA	-1,760.23×	4.77×	-829.38×	11.22×	12.51×	-4,370.41×	-6,908.87×	8.39×
Gross margin	97.6%	98.0%	100.0%	974.4%	52.2%	653.7%	32.3%	100.0%
Operating margin	-0.3%	44.3%	98.5%	-2.3%	-0.1%	-1.0%	20.4%	100.8%
Net margin	13.8%	31.7%	98.9%	196.0%	12.9%	196.1%	13.8%	100.8%
Current ratio	35.26×	0.83×	37.82×	39.27×	1.43×	6,889.27×	1.56×	737.5×
Debt / equity	2.01×	0.9×	0×	0.65×	0.62×	0×	0.47×	0×
Interest coverage	-333.5×	51,811.25×	19,525×	-347.5×	-600×	-209.5×	12.79×	2.61×
Dividend yield	6.0%	9.9%	2.6%	4.0%	4.3%	4.5%	3.7%	1.8%
Payout ratio	67.2%	39.7%	23.0%	27.1%	34.5%	32.5%	18.6%	14.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.9%	10.5%	7.3%	4.1%	4.9%	6.2%	7.9%	7.5%
Return on invested capital	-0.1%	20.3%	7.3%	-0.0%	-0.0%	-0.0%	4.8%	7.5%
Return on assets	7.9%	3.4%	7.3%	1.6%	2.1%	2.8%	3.6%	7.5%
Free cash flow yield	-57.0%	-73.2%	-54.0%	-25.3%	31.5%	25.9%	29.7%	-0.4%
Earnings yield	9.0%	24.8%	11.4%	14.8%	12.4%	13.8%	19.6%	11.8%
Enterprise value	€2.3B	€1.6B	€509.2M	€1.3B	€1.4B	€607.5M	€739.2M	€354.8M
Net debt / EBITDA	-1,219.04×	3.04×	8.67×	7.86×	7.58×	50.41×	-1,878.59×	-0.11×
Cash conversion cycle (days)	119	-6,041	-2,927,488	-102	-70	-156	68	-899,058