Bastide Le Confort Médical S.A. (BLC.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

+661.7%

€139.39

vs €18.30 price

Levered DCF

€315.02

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

1.63

Distress zone

Rating

A+

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	2.99×	439.61×	-159.5×	17.65×	18.98×	25.96×	21.96×	63.15×
P/B	1.33×	3.24×	1.79×	2.59×	3.07×	4.29×	3.36×	4.52×
P/S	0.36×	0.48×	0.27×	0.45×	0.55×	0.79×	0.66×	0.85×
EV / EBITDA	4.05×	6.07×	4.92×	6.29×	7.31×	7.62×	6.45×	7.53×
Gross margin	10.5%	67.8%	66.9%	65.7%	65.5%	63.1%	65.7%	65.8%
Operating margin	9.2%	8.0%	7.3%	7.2%	6.9%	6.4%	8.8%	8.2%
Net margin	12.0%	0.1%	-0.2%	2.4%	2.9%	3.0%	3.0%	1.4%
Current ratio	1.2×	1.38×	0.97×	0.87×	1.07×	1.11×	1.2×	0.97×
Debt / equity	2.28×	5.7×	5.12×	4.88×	4.96×	4.4×	4.05×	3.36×
Interest coverage	1.89×	1.27×	1.42×	2.21×	2.55×	3.07×	3.21×	3.22×
Dividend yield	0.3%	0.2%	1.1%	0.3%	0.9%	0.6%	0.0%	0.7%
Payout ratio	1.0%	107.8%	-180.9%	5.1%	16.4%	15.9%	0.6%	41.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	44.3%	0.7%	-1.1%	13.7%	16.2%	16.5%	15.3%	7.2%
Return on invested capital	6.9%	3.1%	4.5%	5.2%	4.5%	4.4%	5.4%	5.5%
Return on assets	10.1%	0.1%	-0.1%	1.8%	2.2%	2.4%	2.3%	1.2%
Free cash flow yield	17.7%	17.9%	7.5%	16.1%	-2.5%	5.6%	-0.1%	9.3%
Earnings yield	33.4%	0.2%	-0.6%	5.3%	5.3%	3.9%	4.6%	1.6%
Enterprise value	€424.7M	€619.4M	€527.8M	€617.7M	€656.5M	€672.8M	€524.9M	€478.6M
Net debt / EBITDA	2.39×	3.78×	3.59×	3.98×	4.42×	3.67×	3.33×	3.02×
Cash conversion cycle (days)	45	-6	37	43	70	41	72	8