Grolleau S.A. (ALGRO.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

-386.7%

-€8.89

vs €3.10 price

Levered DCF

-€8.86

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.24

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	0×	-17.61×	-17.21×	2,062.07×	39.09×	-40.17×	17.53×	11.76×
P/B	0×	0.99×	0.98×	1.16×	1.68×	2.87×	2.57×	96.4×
P/S	0×	0.45×	0.55×	0.5×	0.78×	0.86×	0.57×	0.58×
EV / EBITDA	0.16×	8.94×	52.34×	18.66×	12.09×	190.66×	6.72×	6.8×
Gross margin	32.6%	37.1%	37.8%	32.4%	31.6%	36.9%	36.4%	33.7%
Operating margin	0.4%	-1.6%	-2.7%	0.1%	2.2%	-2.2%	6.0%	6.7%
Net margin	-4.3%	-2.5%	-3.2%	0.0%	2.0%	-2.1%	3.3%	5.0%
Current ratio	1.23×	1.56×	1.94×	2.71×	2.48×	2.41×	1.76×	0×
Debt / equity	0.5×	0.49×	0.39×	0.48×	0.42×	0.99×	0.28×	0×
Interest coverage	0.14×	-7.97×	0×	0.78×	22.57×	-23.42×	117.65×	120.74×
Dividend yield	0.0%	0.0%	0.8%	0.7%	0.0%	1.8%	1.6%	0.0%
Payout ratio	0.0%	0.0%	-14.1%	1379.5%	0.0%	-71.1%	27.2%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-20.3%	-5.6%	-5.7%	0.1%	4.3%	-7.1%	14.7%	823.3%
Return on invested capital	0.9%	-1.5%	-3.0%	0.2%	3.5%	-2.7%	15.9%	64.5%
Return on assets	-5.3%	-2.1%	-2.9%	0.0%	2.1%	-2.3%	6.3%	52.4%
Free cash flow yield	0.0%	-5.1%	-35.2%	-20.1%	-0.7%	-1.8%	-5.4%	0.0%
Earnings yield	0.0%	-5.6%	-5.8%	0.0%	2.5%	-2.5%	5.7%	8.5%
Enterprise value	€421K	€14.4M	€13.3M	€13.7M	€16.6M	€18.3M	€17.7M	€19.3M
Net debt / EBITDA	0.16×	1.6×	-2.56×	-4.42×	-5.69×	-10.39×	-0.6×	0×
Cash conversion cycle (days)	48	127	58	38	53	45	31	0