Biesse S.p.A. (BSS.MI) 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

+481.2%

€24.41

vs €4.20 price

Levered DCF

€13.00

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

1.85

Grey zone

Rating

B-

Overall 3 / 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	-9.65×	52.43×	27.61×	11.53×	19.69×	203.79×	30.94×	11.99×
P/B	0.84×	0.76×	1.33×	1.33×	2.69×	2.41×	1.87×	2.39×
P/S	0.29×	0.27×	0.44×	0.42×	0.9×	0.89×	0.58×	0.71×
EV / EBITDA	11.75×	4.51×	4.1×	3.36×	7.76×	11.37×	7.25×	5.96×
Gross margin	10.7%	55.6%	57.2%	54.9%	53.4%	54.0%	55.4%	55.4%
Operating margin	-1.7%	2.0%	3.1%	6.2%	6.2%	1.1%	4.2%	8.6%
Net margin	-3.0%	0.5%	1.6%	3.7%	4.6%	0.4%	1.8%	5.9%
Current ratio	1.21×	1.27×	1.2×	1.15×	1.11×	1.22×	1.15×	1.21×
Debt / equity	0.69×	0.79×	0.11×	0.1×	0.11×	0.64×	0.49×	0.26×
Interest coverage	-1.51×	2.56×	14.64×	25.2×	17.62×	1.95×	10.19×	30.97×
Dividend yield	0.6%	1.9%	2.6%	4.9%	0.0%	0.0%	3.2%	2.5%
Payout ratio	-5.6%	102.6%	72.7%	56.4%	0.0%	0.0%	100.9%	30.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-8.6%	1.4%	4.8%	11.6%	13.7%	1.2%	6.0%	20.0%
Return on invested capital	-2.7%	1.4%	4.8%	12.0%	12.7%	1.3%	4.8%	16.3%
Return on assets	-2.8%	0.5%	1.9%	4.2%	4.7%	0.4%	2.1%	7.2%
Free cash flow yield	0.7%	-2.6%	1.2%	5.8%	13.4%	14.1%	2.5%	1.3%
Earnings yield	-10.3%	1.9%	3.6%	8.7%	5.1%	0.5%	3.2%	8.4%
Enterprise value	€277.1M	€227.2M	€271.7M	€248.8M	€569.4M	€489.4M	€427.3M	€496M
Net debt / EBITDA	3.7×	0.52×	-1.15×	-1.34×	-1.36×	-0.61×	0.35×	-0.31×
Cash conversion cycle (days)	78	123	90	85	56	70	90	63