Damartex (ALDAR.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

+7439.2%

€184.71

vs €2.45 price

Levered DCF

€86.66

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

2.68

Grey 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	FY2019	FY2018
P/E	-0.74×	-2.85×	-1.01×	-2.58×	-25.77×	10.69×	-1.34×	-4,068.18×
P/B	0×	0.71×	0.39×	0.73×	0.95×	1.1×	0.79×	850.04×
P/S	0.05×	0.1×	0.07×	0.14×	0.21×	0.23×	0.12×	189.53×
EV / EBITDA	0×	-789.72×	130.81×	24.11×	7.77×	4.16×	45.77×	17.72×
Gross margin	0.0%	0.3%	63.7%	-3.4%	-1.2%	2.7%	-1.6%	64.7%
Operating margin	0.1%	0.4%	-5.7%	-1.8%	-0.3%	2.9%	-3.7%	-0.5%
Net margin	-7.1%	-3.4%	-6.6%	-5.6%	-0.8%	2.1%	-8.7%	-4.6%
Current ratio	0×	1×	0.71×	0.76×	0.91×	0.97×	0.77×	1.06×
Debt / equity	0×	3.99×	2.47×	1.8×	0.88×	0.74×	1.79×	357.93×
Interest coverage	0.05×	0.17×	-2.75×	-1.89×	-1.28×	6.98×	-9.59×	-0×
Dividend yield	0.0%	0.0%	0.1%	1.4%	3.1%	0.0%	0.0%	2.5%
Payout ratio	0.0%	0.0%	-0.1%	-3.7%	-79.3%	0.3%	0.0%	-10270.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	0.0%	-25.1%	-38.6%	-28.3%	-3.7%	10.3%	-57.8%	-20.8%
Return on invested capital	0.0%	0.7%	-7.9%	-2.9%	-0.5%	5.4%	-7.7%	-0.0%
Return on assets	0.0%	-4.2%	-7.7%	-6.4%	-1.1%	3.3%	-12.1%	-8.4%
Free cash flow yield	0.0%	28.5%	59.1%	11.2%	-22.6%	29.1%	20.8%	0.0%
Earnings yield	-134.8%	-35.1%	-98.6%	-38.8%	-3.9%	9.3%	-73.1%	-0.0%
Enterprise value	€0	€315.9M	€221.6M	€242.1M	€273.9M	€229.8M	€203.3M	€193.9M
Net debt / EBITDA	0×	-663.69×	109.84×	15.7×	3.52×	1.01×	27.49×	5.25×
Cash conversion cycle (days)	0	40	73	46	38	23	31	-104,387