Hopium S.A. (ALHPI.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

-439.2%

-€0.01

vs €0.00 price

Levered DCF

-€0.21

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

15.35

Safe zone

Rating

C+

Overall 2 / 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	0.06×	-341.82×	-3,923.53×	-204,444.44×	-2,284,444.44×	-2,520,000×
P/B	-0.04×	-100.73×	-1,768.96×	-466,213.97×	1,888,002.53×	2,157,207.09×
P/S	3.88×	205,087.73×	63,538,929,127.77×	1,227,329.09×	19,955,038.59×	0×
EV / EBITDA	0.51×	-468.13×	-5,336.43×	-247,216.74×	-2,078,807.03×	-2,515,215.78×
Gross margin	-1919.1%	-22576.1%	-210124800.0%	100.0%	92.3%	0.0%
Operating margin	1602.8%	-46358.4%	-1231088900.0%	-528.1%	-967.6%	0.0%
Net margin	6749.2%	-60237.6%	-3066432400.0%	-603.2%	-903.4%	0.0%
Current ratio	0.8×	0.1×	0.06×	0.06×	1.62×	5.72×
Debt / equity	-0.42×	-0.39×	-0.43×	-0.46×	0×	0×
Interest coverage	7.88×	-93.7×	-16.73×	-7.64×	-970.84×	0×
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	-72.5%	29.6%	85.4%	229.1%	-85.5%	-86.4%
Return on invested capital	1699.5%	44.1%	60.2%	400.3%	-85.4%	-81.6%
Return on assets	331.7%	-278.1%	-787.3%	-108.5%	-54.5%	-74.7%
Free cash flow yield	0.0%	-0.2%	-0.0%	-0.0%	0.0%	0.0%
Earnings yield	1741.7%	-0.3%	-0.0%	-0.0%	-0.0%	-0.0%
Enterprise value	€6.3M	€3.6B	€63.6B	€4.9T	€17.7T	€2T
Net debt / EBITDA	0.46×	-1.68×	-1.28×	-0.24×	0.58×	0.37×
Cash conversion cycle (days)	2,513	6,792	244,757,886	-4,166	-21,296	-3,659