UV Germi S.A. (ALUVI.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

+119.2%

€5.13

vs €2.34 price

Levered DCF

€7.16

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

4.13

Safe zone

Rating

B+

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	69.6×	12.36×	38.6×	154.93×	-22.24×	48.44×	110.16×	-27.14×
P/B	0.71×	0.89×	1.23×	1.18×	3.36×	3×	1.69×	1.58×
P/S	1.04×	1.02×	1.39×	1.43×	3.07×	2.99×	1.64×	1.82×
EV / EBITDA	6.8×	4.83×	12.78×	20.18×	-26.25×	37.9×	57.95×	-24.38×
Gross margin	45.7%	8.9%	75.6%	2.7%	-2.5%	3.2%	35.3%	27.6%
Operating margin	-1.3%	6.4%	3.6%	0.2%	-2.9%	1.6%	-1.5%	-8.4%
Net margin	1.5%	8.3%	3.6%	0.9%	-13.8%	6.2%	1.5%	-6.8%
Current ratio	7.87×	8.1×	7.23×	5.07×	3.88×	4.29×	5.13×	5.54×
Debt / equity	0.02×	0.01×	0.02×	0.1×	0.1×	0.21×	0.17×	0.15×
Interest coverage	-11.15×	443.98×	122.92×	3.5×	-46.38×	13.28×	-4.42×	-63.02×
Dividend yield	0.0%	0.0%	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%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.0%	7.3%	3.2%	0.8%	-15.1%	6.2%	1.5%	-5.9%
Return on invested capital	-0.9%	5.4%	3.1%	-0.1%	-2.3%	1.4%	-1.5%	-4.4%
Return on assets	0.9%	6.4%	2.8%	0.6%	-11.2%	4.3%	1.1%	-4.5%
Free cash flow yield	0.0%	0.0%	0.0%	6.1%	3.2%	2.7%	2.0%	2.0%
Earnings yield	1.4%	8.2%	2.6%	0.6%	-4.5%	2.1%	0.9%	-3.7%
Enterprise value	€3M	€4.5M	€8M	€6.7M	€18.8M	€18.1M	€8.2M	€6.2M
Net debt / EBITDA	-9.42×	-4.48×	-5.03×	-10.85×	0.73×	-3.9×	-16.87×	13.57×
Cash conversion cycle (days)	294	179	551	216	227	145	134	111