Xilam Animation (ALXIL.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

-92.5%

€0.27

vs €3.58 price

Levered DCF

€3.78

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.28

Distress zone

Rating

C+

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	-5.46×	-0.87×	3.7×	114.17×	32×	88.4×	31.27×	33.03×
P/B	0.49×	0.47×	0.27×	2.51×	3.14×	3.92×	3.88×	0×
P/S	2.14×	0.99×	0.48×	4.65×	7.5×	12.07×	9.61×	0.01×
EV / EBITDA	10.1×	1.76×	1.4×	8.67×	6.71×	16.97×	8.05×	0.33×
Gross margin	-61.8%	-134.6%	3.1%	8.5%	-9.0%	6.9%	-1.4%	12.2%
Operating margin	-75.6%	-130.5%	12.4%	6.2%	32.3%	22.5%	39.9%	33.5%
Net margin	-39.2%	-108.9%	13.1%	4.1%	23.5%	13.6%	30.7%	24.1%
Current ratio	0.44×	0.93×	0.87×	0.79×	0.86×	0.83×	1.45×	0.91×
Debt / equity	0.22×	0.19×	0.3×	0.58×	0.57×	0.48×	0.58×	0.21×
Interest coverage	-59.98×	-95.82×	4.92×	2.43×	16.96×	6.42×	16.04×	18.18×
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	-9.0%	-51.4%	7.3%	2.2%	9.8%	4.4%	12.4%	10.7%
Return on invested capital	-13.2%	-42.0%	4.6%	1.8%	6.2%	3.6%	7.6%	8.7%
Return on assets	-4.6%	-27.7%	3.8%	0.9%	4.3%	2.0%	6.0%	6.0%
Free cash flow yield	52.8%	32.5%	60.8%	3.5%	-3.4%	-0.3%	2.4%	-2603.5%
Earnings yield	-18.3%	-109.6%	27.1%	0.9%	3.1%	1.1%	3.2%	3010.2%
Enterprise value	€27.8M	€25.5M	€32.3M	€191.4M	€228.6M	€244.7M	€226.7M	€8M
Net debt / EBITDA	2.03×	0.15×	0.57×	1.14×	0.78×	1.22×	0.42×	0.32×
Cash conversion cycle (days)	139	160	153	169	132	327	162	175