Gévelot S.A. (ALGEV.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

-62.9%

€70.43

vs €190.00 price

Levered DCF

€639.25

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.5

Grey zone

Rating

Overall 4 / 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	44.13×	42.14×	11.73×	17.62×	17.34×	128.35×	17.69×	23.49×
P/B	0.61×	0.64×	0.72×	0.68×	0.61×	0.64×	0.78×	0.74×
P/S	0.83×	1.01×	1.03×	1.05×	1.24×	1.4×	1.48×	1.49×
EV / EBITDA	9.07×	10.38×	5.98×	7.57×	3.55×	9.65×	4.09×	5.99×
Gross margin	41.1%	43.3%	7.0%	7.0%	2.4%	0.9%	4.9%	3.7%
Operating margin	3.5%	1.7%	8.5%	8.8%	7.0%	3.7%	7.8%	7.8%
Net margin	1.9%	2.4%	8.8%	5.9%	7.1%	1.1%	8.3%	6.3%
Current ratio	4.07×	5.18×	3.04×	2.86×	3.15×	3.26×	3.07×	3.17×
Debt / equity	0.06×	0.04×	0.03×	0.03×	0.02×	0.04×	0.06×	0.06×
Interest coverage	6.87×	9.43×	18×	37.55×	17.43×	6.58×	19.2×	15.55×
Dividend yield	2.9%	2.8%	1.9%	1.6%	1.3%	1.0%	1.0%	1.0%
Payout ratio	127.6%	117.3%	22.7%	28.7%	22.2%	126.3%	17.6%	23.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.4%	1.5%	6.1%	3.8%	3.5%	0.5%	4.4%	3.2%
Return on invested capital	1.4%	0.7%	4.5%	4.6%	3.1%	0.8%	3.1%	3.7%
Return on assets	1.0%	1.2%	4.2%	2.6%	2.5%	0.3%	2.9%	2.1%
Free cash flow yield	7.9%	-2.0%	2.2%	-3.5%	-5.4%	-0.0%	0.1%	10.3%
Earnings yield	2.2%	2.4%	8.5%	5.7%	5.8%	0.8%	5.7%	4.3%
Enterprise value	€112.4M	€123.8M	€138.2M	€116.7M	€49.2M	€85.5M	€65.8M	€61.8M
Net debt / EBITDA	-1.43×	-1.27×	-0.75×	-1.62×	-5.51×	-4.51×	-5.43×	-7.63×
Cash conversion cycle (days)	230	278	285	280	303	307	241	221