Signaux Girod S.A. (ALGIR.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

+3845.2%

€595.72

vs €15.10 price

Levered DCF

€303.43

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

2.39

Grey zone

Rating

Overall 3 / 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	19.35×	16.21×	4.81×	-3.49×	-11.46×	-1.85×	8.57×	-5.52×
P/B	0.28×	0.26×	0.26×	0.25×	0.31×	0.17×	0.2×	0.3×
P/S	0.15×	0.14×	0.14×	0.12×	0.18×	0.11×	0.13×	0.19×
EV / EBITDA	1.62×	1.55×	1.84×	42.61×	4.51×	-15.09×	2.68×	17.25×
Gross margin	4.9%	29.0%	35.2%	29.1%	28.6%	28.6%	28.5%	29.0%
Operating margin	1.5%	1.9%	3.4%	-3.2%	-1.3%	-5.8%	2.7%	-5.7%
Net margin	0.8%	0.9%	2.8%	-3.6%	-1.6%	-6.1%	1.5%	-3.5%
Current ratio	2.69×	2.51×	2.61×	2.27×	2.2×	2.28×	2.46×	2.14×
Debt / equity	0.35×	0.37×	0.38×	0.3×	0.31×	0.3×	0.2×	0.23×
Interest coverage	2.25×	3.1×	8.24×	-14.93×	-6.55×	-21.98×	15.12×	-25.23×
Dividend yield	10.2%	7.1%	0.0%	0.0%	0.0%	0.0%	0.0%	52.4%
Payout ratio	198.8%	115.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-289.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.4%	1.6%	5.4%	-7.1%	-2.7%	-9.3%	2.4%	-5.5%
Return on invested capital	1.3%	1.5%	4.3%	-4.6%	-1.6%	-6.4%	1.0%	-6.4%
Return on assets	0.8%	0.9%	3.1%	-4.1%	-1.6%	-5.7%	1.5%	-3.5%
Free cash flow yield	10.0%	52.3%	51.3%	-1.0%	-6.5%	20.8%	8.3%	-20.6%
Earnings yield	5.1%	6.2%	20.8%	-28.6%	-8.7%	-54.1%	11.7%	-18.1%
Enterprise value	€16.6M	€13.9M	€18.5M	€22.8M	€29.3M	€19.2M	€18.7M	€31M
Net debt / EBITDA	0.16×	-0.03×	0.42×	18.76×	1.91×	-7.44×	0.89×	6.78×
Cash conversion cycle (days)	99	113	124	123	129	132	142	149