Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
ALVDM.PAthis companyVoyageurs du Monde S.A.	€180.00	15.3×	3.2×	0.94×	6.7×	51.9%	25.8%	8.2%	6.2%	20.9%	19.0%	6.6%	0.02×	-2.81×	63.63×	1.27×	3.0%	6	2.9	4	A
AC.PAAccor S.A.	€51.02	29.95×	3.14×	2.38×	13.78×	79.6%	52.9%	15.4%	8.0%	10.5%	6.9%	4.6%	1×	2.58×	5.51×	1.05×	2.4%	8	1.68	3	B-
AF.PAAir France-KLM S.A.	€13.93	1.98×	-3.09×	0.09×	3.88×	6847.4%	11.9%	6.2%	4.8%	-162.1%	7.6%	3.8%	-22.55×	3.3×	3.51×	0.62×	0.1%	6	0.58	3	B-
CDA.PACompagnie des Alpes S.A.	€19.36	10.09×	0.99×	0.78×	5.89×	-634.9%	20.4%	13.7%	7.7%	9.8%	5.2%	8.1%	1.38×	3.26×	3.9×	0.39×	4.7%	8	0.72	3	B
MMB.PALagardere S.A.	€18.38	13.15×	3.01×	0.28×	4.78×	2549.1%	7.0%	7.1%	2.2%	22.9%	6.9%	36.7%	5.77×	3×	2.48×	0.79×	3.6%	6	1.31	3	B+
VAC.PAPierre et Vacances S.A.	€1.88	23.28×	-2.28×	0.42×	12.66×	294.1%	14.5%	13.9%	1.8%	-9.8%	5.9%	28.9%	-18.12×	11.23×	1.35×	0.57×	0.0%	7	0.49	2	C+
Peer median	—	13.15×	0.99×	0.42×	5.89×	294.1%	14.5%	13.7%	4.8%	9.8%	6.9%	8.1%	1×	3.26×	3.51×	0.62×	2.4%	7	0.72	3	—