Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
ADN1.DEthis companyadesso SE	€69.70	31.34×	2.99×	0.39×	6.94×	291.2%	13.4%	3.0%	1.2%	9.6%	3.7%	10.8%	1.75×	2.1×	3.27×	1.24×	0.9%	5	2.43	3	B+
COK.DECancom SE	€20.30	28.97×	1.53×	0.49×	9.18×	152.7%	7.1%	1.6%	1.7%	5.3%	2.6%	14.7%	0.38×	0.07×	3.21×	1.15×	3.8%	4	1.9	4	A-
GFT.DEGFT Technologies SE	€27.65	14.91×	1.86×	0.55×	9.31×	61.1%	12.5%	4.7%	3.7%	12.5%	6.8%	8.1%	0.56×	1.4×	6.86×	1.08×	2.7%	7	3.5	4	A-
IXX.DEinit innovation in traffic systems SE	€33.40	23.71×	3.29×	1.41×	10.97×	-70.5%	35.0%	9.4%	5.9%	13.9%	8.4%	6.5%	0.6×	1.25×	8.72×	1.64×	1.7%	7	3.09	3	B+
MUB.DEMühlbauer Holding AG	€42.60	22.41×	2.16×	1.14×	4.66×	-164.5%	25.5%	16.2%	5.1%	9.6%	9.6%	4.1%	0×	-0.69×	0×	2.35×	3.8%	6	3.07	4	A-
NA9.DENagarro SE	€78.65	24.76×	6.3×	0.98×	10.18×	25.9%	27.3%	10.0%	4.0%	25.5%	10.2%	9.7%	2.47×	2.12×	5.01×	2.27×	1.3%	7	3.5	4	A-
Peer median	—	23.71×	2.16×	0.98×	9.31×	25.9%	25.5%	9.4%	4.0%	12.5%	8.4%	8.1%	0.56×	1.25×	5.01×	1.64×	2.7%	7	3.09	4	—