Mon Courtier Energie Groupe S.A. (ALMCE.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

-114.2%

-€0.77

vs €5.40 price

Levered DCF

€70.94

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.03

Safe 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
P/E	8.97×	-62.8×	22.71×	16.35×	2,288.89×
P/B	1.6×	2.18×	2.29×	6.7×	10.25×
P/S	0.68×	0.88×	1.25×	1.56×	36.65×
EV / EBITDA	5×	46.41×	12.69×	10.27×	725.82×
Gross margin	98.6%	22.4%	12.9%	27.3%	20.5%
Operating margin	8.2%	-0.7%	6.8%	12.5%	3.6%
Net margin	7.5%	-1.4%	5.6%	9.5%	1.6%
Current ratio	1.86×	1.81×	2.5×	1.59×	1.33×
Debt / equity	0.11×	0.08×	0.03×	0.09×	0.16×
Interest coverage	63.94×	-15.18×	243.5×	341.43×	0×
Dividend yield	0.0%	5.6%	0.7%	0.9%	0.0%
Payout ratio	0.0%	-352.3%	16.2%	15.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	17.7%	-3.5%	10.2%	40.8%	0.4%
Return on invested capital	13.5%	-1.5%	9.1%	36.6%	0.6%
Return on assets	8.7%	-1.6%	6.2%	19.7%	0.2%
Free cash flow yield	8.4%	1.4%	-3.4%	5.6%	6.9%
Earnings yield	11.1%	-1.6%	4.5%	6.1%	0.0%
Enterprise value	€15.5M	€19M	€23.9M	€27M	€28.3M
Net debt / EBITDA	-1.16×	-6.76×	-1.42×	-1.11×	-40.08×
Cash conversion cycle (days)	-6,745	-9	12	-4	-394