Charwood Energy S.A. (ALCWE.PA) 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

-672.0%

-€23.17

vs €4.05 price

Levered DCF

-€25.46

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

0.15

Distress zone

Rating

D+

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
P/E	-6.59×	-3.43×	-13×	-80×	97.27×	-484.16×
P/B	4.62×	2.35×	2.35×	4.06×	62.11×	165.96×
P/S	1.5×	2.37×	3.93×	7.68×	12.2×	25.95×
EV / EBITDA	-16.68×	-4.71×	-14.44×	-117.03×	53.87×	-430.14×
Gross margin	39.5%	38.2%	1.5%	52.3%	64.0%	29.5%
Operating margin	-20.2%	-64.2%	-38.3%	-10.0%	19.3%	-9.6%
Net margin	-22.2%	-69.3%	-30.3%	-10.0%	12.3%	-5.4%
Current ratio	1.35×	1.49×	2.71×	11.36×	5.85×	1.24×
Debt / equity	1.73×	0.47×	0.32×	0.16×	2.26×	4.38×
Interest coverage	-14.21×	-35.4×	-14.06×	-2.48×	13.72×	-4.29×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-68.2%	-68.7%	-18.1%	-5.3%	62.6%	-34.3%
Return on invested capital	-22.7%	-44.3%	-13.0%	-4.1%	15.0%	-8.4%
Return on assets	-12.3%	-31.8%	-10.9%	-3.8%	12.7%	-4.1%
Free cash flow yield	-13.4%	-16.4%	-20.6%	-9.8%	0.7%	-1.5%
Earnings yield	-14.8%	-29.2%	-7.7%	-1.3%	1.0%	-0.2%
Enterprise value	€17.3M	€13.7M	€19.9M	€36.6M	€56.2M	€56.8M
Net debt / EBITDA	-3.23×	-0.58×	0.24×	15.42×	0.52×	-9.25×
Cash conversion cycle (days)	255	315	205	50	32	130