Alquiber Quality, S.A. (ALQ.MC) 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

-3358.8%

-€527.92

vs €16.20 price

Levered DCF

-€736.00

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.8

Distress 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	8.4×	8.77×	7.05×	4.84×	5.88×	11.14×	11.94×	12.78×
P/B	1.26×	1.14×	1.65×	1.1×	0.95×	1.07×	1.42×	1.53×
P/S	0.41×	0.37×	0.55×	0.41×	0.36×	0.46×	0.64×	0.77×
EV / EBITDA	3.22×	3.2×	3.6×	3.48×	3.67×	3.64×	4.03×	4.13×
Gross margin	92.4%	90.5%	92.4%	91.4%	91.4%	91.1%	90.5%	90.0%
Operating margin	13.3%	13.6%	15.3%	15.7%	12.1%	10.0%	11.9%	13.1%
Net margin	4.9%	4.2%	6.2%	8.5%	6.1%	4.2%	5.4%	6.0%
Current ratio	0.36×	0.24×	0.27×	0.28×	0.35×	0.47×	0.36×	0.54×
Debt / equity	4.78×	4.54×	4.58×	4.34×	4.34×	3.9×	3.48×	3.21×
Interest coverage	1.85×	1.72×	2.15×	3.47×	2.96×	2.24×	2.53×	2.59×
Dividend yield	2.4%	2.9%	2.4%	0.0%	2.4%	0.0%	1.7%	1.6%
Payout ratio	20.3%	25.6%	21.9%	0.0%	14.4%	0.0%	20.4%	21.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	15.0%	13.0%	18.4%	22.8%	16.0%	9.7%	12.0%	11.9%
Return on invested capital	4.8%	5.1%	5.7%	5.7%	4.3%	3.4%	4.2%	4.6%
Return on assets	2.4%	2.1%	3.0%	4.0%	2.8%	1.8%	2.5%	2.7%
Free cash flow yield	-67.8%	-85.9%	-74.6%	-121.0%	-152.6%	-72.0%	-63.2%	-64.3%
Earnings yield	11.9%	11.4%	11.2%	20.7%	16.9%	9.0%	8.5%	7.8%
Enterprise value	€304.9M	€262M	€257.7M	€196.6M	€148.7M	€116.5M	€110.5M	€91.5M
Net debt / EBITDA	2.51×	2.55×	2.62×	2.75×	2.98×	2.79×	2.84×	2.69×
Cash conversion cycle (days)	-240	-119	-243	-133	-169	-152	-100	-49