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)
ATEB.BRthis companyAtenor S.A.	€0.90	-1×	0.67×	0.95×	-34.08×	-2980.4%	5.6%	-14.1%	-94.3%	-67.3%	-2.6%	-1.2%	2.82×	-26.9×	-0.71×	1.95×	0.0%	3	-0.09	1	C-
ACCB.BRAccentis N.V.	€0.03	25×	0.78×	5.47×	8.68×	-20.9%	69.2%	59.1%	21.5%	3.1%	4.7%	8.5%	0.25×	-5.18×	4.84×	10.49×	0.0%	5	2.23	4	A-
BANI.BRBanimmo S.A.	€3.02	40.57×	0.49×	4.42×	34.92×	-349.8%	78.0%	49.1%	10.9%	1.2%	1.5%	-66.3%	1.62×	26.55×	1.07×	0.09×	0.0%	5	0.35	4	A
IMMO.BRImmobel S.A.	€17.65	4.97×	0.56×	0.73×	31.12×	-689.4%	13.7%	7.7%	14.7%	11.2%	2.0%	51.7%	1.79×	22.71×	1.46×	1.87×	0.0%	5	1.16	3	B
IMMOU.BRImmo Moury SCA	€29.20	11.97×	0.59×	5.17×	19.93×	407.0%	66.0%	51.0%	43.3%	4.9%	3.0%	10.8%	0.84×	11.63×	3.21×	0.11×	5.4%	6	0.59	3	B+
INCLU.BRInclusio S.A.	€15.40	8.84×	0.57×	8.05×	14.83×	77.4%	90.1%	74.2%	91.3%	6.4%	3.1%	2.3%	0.68×	8.07×	2.77×	0.3×	2.4%	4	0.48	5	A+
Peer median	—	11.97×	0.57×	5.17×	19.93×	-20.9%	69.2%	51.0%	21.5%	4.9%	3.0%	8.5%	0.84×	11.63×	2.77×	0.3×	0.0%	5	0.59	4	—