Agillic A/S (AGILC.CO) 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

-33.3%

DKK 4.10

vs DKK 6.15 price

Levered DCF

-DKK 7.95

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-0.76

Distress zone

Rating

C-

Overall 1 / 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	-11.02×	-30×	-7.54×	-22.79×	-24.81×	-22.27×	-10.09×	-7.68×
P/B	-2.74×	-4.46×	-10.23×	-16.14×	-57.75×	-30.61×	-12.28×	56.52×
P/S	1.34×	1.65×	3.2×	3.62×	4.95×	3.52×	4.7×	5.07×
EV / EBITDA	12.31×	37.72×	100.88×	214.34×	303.32×	2,096.25×	-15.22×	-8.7×
Gross margin	34.5%	81.2%	80.7%	74.1%	85.4%	87.5%	77.6%	75.3%
Operating margin	-8.5%	-20.3%	-17.6%	-16.6%	-21.1%	-16.8%	-41.0%	-59.7%
Net margin	-12.1%	-5.4%	-42.5%	-15.9%	-20.0%	-15.8%	-46.6%	-66.0%
Current ratio	0.09×	0.2×	0.3×	0.43×	0.75×	0.75×	0.33×	0.84×
Debt / equity	-0.79×	-1.02×	-1.23×	-1.77×	-6.76×	-5.69×	-1.29×	3.23×
Interest coverage	-2.31×	-3.8×	-2.77×	-3.88×	-4.74×	-4.04×	-12.8×	-17.89×
Dividend yield	0.0%	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%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	24.7%	14.7%	135.8%	70.7%	233.0%	136.8%	121.7%	-736.1%
Return on invested capital	185.5%	-81.5%	-150.5%	-59.1%	-30.5%	-21.1%	-271.3%	-129.2%
Return on assets	-20.3%	-7.4%	-58.3%	-20.2%	-17.1%	-12.5%	-66.3%	-54.4%
Free cash flow yield	-5.8%	1.4%	-8.8%	-4.3%	-2.1%	-2.1%	-9.4%	-7.0%
Earnings yield	-9.0%	-3.3%	-13.3%	-4.4%	-4.0%	-4.5%	-9.9%	-13.0%
Enterprise value	DKK 99.2M	DKK 115.9M	DKK 222.2M	DKK 261.9M	DKK 271.2M	DKK 195M	DKK 278.1M	DKK 196.9M
Net debt / EBITDA	2.62×	5.33×	6.85×	15.71×	11.15×	181.05×	-1.39×	0.05×
Cash conversion cycle (days)	-32	-160	-224	-146	-201	-67	-58	4