Vialife S.A. (ALVIA.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

+1522.8%

€107.11

vs €6.60 price

Levered DCF

€8.35

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

1.57

Distress zone

Rating

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	FY2019	FY2018
P/E	25.87×	54.17×	16.86×	42.9×	-28.43×	5.45×	9.12×	17.54×
P/B	7.84×	10.01×	7.04×	11.11×	16.36×	2.98×	3.95×	10.23×
P/S	1.07×	1.16×	1.27×	1.22×	1.27×	0.67×	0.68×	1.68×
EV / EBITDA	12.08×	22.75×	8.93×	23.22×	-58.18×	2.85×	6.81×	8.69×
Gross margin	0.6%	32.3%	38.3%	35.4%	34.3%	39.4%	36.1%	43.0%
Operating margin	3.7%	1.0%	7.9%	1.3%	-1.4%	14.0%	7.7%	8.4%
Net margin	4.1%	2.1%	7.5%	2.8%	-4.4%	12.2%	7.5%	9.6%
Current ratio	0.8×	0.84×	1×	1.02×	0.85×	1.21×	1.35×	1.48×
Debt / equity	0.73×	1.15×	0.92×	2.59×	5.59×	1.12×	1.97×	1.56×
Interest coverage	22.2×	3.75×	33.01×	4.37×	-4.38×	47.68×	41.45×	38.82×
Dividend yield	2.0%	7.7%	0.0%	0.0%	5.2%	8.3%	9.0%	0.0%
Payout ratio	52.1%	415.7%	0.0%	0.0%	-148.4%	45.5%	81.9%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	30.1%	18.5%	41.8%	26.0%	-57.0%	54.6%	43.3%	58.5%
Return on invested capital	15.3%	3.4%	20.1%	2.4%	-2.6%	24.9%	12.0%	17.0%
Return on assets	4.3%	2.3%	7.4%	3.0%	-4.4%	12.9%	7.0%	9.8%
Free cash flow yield	0.0%	0.0%	22.0%	-1.3%	-2.6%	30.8%	-0.5%	3.3%
Earnings yield	3.8%	1.9%	5.9%	2.3%	-3.5%	18.3%	11.0%	5.7%
Enterprise value	€3.6M	€4.2M	€4.6M	€5.3M	€6.2M	€2.8M	€3.3M	€7.6M
Net debt / EBITDA	-3.91×	-5.16×	-2.29×	0.26×	-4.12×	-0.8×	-0.03×	-0.35×
Cash conversion cycle (days)	-176	-274	-280	-171	-186	-189	-178	-522