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)
ARG.PAthis companyArgan S.A.	€67.60	6.81×	0.7×	6.71×	11.81×	-39.6%	85.4%	79.2%	97.5%	10.2%	4.6%	11.1%	0.74×	6.03×	4.51×	0.15×	3.9%	5	0.7	4	A+
ATLD.PAAtland SAS	€30.80	21.16×	1.25×	0.99×	12.59×	228.6%	38.8%	6.9%	4.7%	5.9%	4.0%	19.3%	0.81×	2.29×	2.07×	1.6×	5.8%	6	1.18	1	C-
COV.PACovivio	€45.50	8.49×	0.73×	5.9×	11.05×	-205.5%	87.3%	73.8%	69.5%	8.6%	3.1%	2.1%	1.27×	6.72×	2.32×	0.64×	6.2%	7	0.42	3	B
GFC.PAGecina S.A.	€65.90	13.35×	0.57×	6.97×	23.05×	-343.9%	77.2%	65.2%	52.2%	4.2%	3.2%	-8.2%	0.65×	12.26×	5.97×	0.08×	6.7%	6	0.36	2	B-
ICAD.PAIcade S.A.	€15.42	-13.58×	0.43×	1.15×	-520.6×	-2566.9%	32.5%	19.1%	-8.5%	-3.2%	2.9%	-0.3%	1.13×	-353.78×	3.36×	1.33×	19.6%	5	0.35	2	C
IMDA.PAImmobiliere Dassault S.A.	€39.40	13.81×	0.61×	11.22×	19.11×	202.6%	94.9%	95.3%	81.3%	4.4%	3.3%	7.1%	0.53×	8.82×	3.39×	0.15×	3.7%	4	0.94	3	B-
Peer median	—	13.35×	0.61×	5.9×	12.59×	-205.5%	77.2%	65.2%	52.2%	4.4%	3.2%	2.1%	0.81×	6.72×	3.36×	0.64×	6.2%	6	0.42	2	—