CleanBnB S.p.A. (CBB.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

+1378.4%

€9.79

vs €0.66 price

Levered DCF

€4.50

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.57

Distress 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	68.83×	19.77×	37.22×	-54.44×	-7.79×	-4.57×	-8.79×	-43.02×
P/B	3.62×	4.7×	5.76×	5.89×	5.91×	11.49×	4.88×	40.35×
P/S	0.43×	0.57×	0.67×	0.9×	2.36×	4.01×	4.09×	9.05×
EV / EBITDA	15.65×	8.81×	13.12×	21.01×	-12.38×	-6.54×	-10.36×	-36×
Gross margin	71.4%	62.4%	15.9%	17.7%	-0.6%	-41.4%	-11.2%	-3.2%
Operating margin	-4.2%	3.5%	-3.7%	-6.7%	-37.9%	-81.9%	-45.6%	-28.6%
Net margin	0.6%	2.9%	1.8%	-1.7%	-29.6%	-88.1%	-46.5%	-21.1%
Current ratio	1.98×	1.3×	1.23×	1.15×	1.31×	0.91×	1.58×	0.93×
Debt / equity	0.03×	0.13×	1.31×	2.43×	2.35×	2.91×	0.09×	0.08×
Interest coverage	-35.9×	5.75×	-8.25×	-9.95×	-35.78×	-69.29×	-293.32×	-459.62×
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	5.3%	23.8%	15.5%	-10.8%	-74.1%	-252.2%	-55.5%	-93.9%
Return on invested capital	-11.1%	20.0%	-10.5%	-12.7%	-26.4%	-58.4%	-49.2%	-89.4%
Return on assets	1.4%	6.1%	3.1%	-1.6%	-14.2%	-39.0%	-27.3%	-24.3%
Free cash flow yield	15.4%	11.6%	-17.3%	9.4%	0.3%	-24.1%	-10.0%	-2.2%
Earnings yield	1.5%	5.1%	2.7%	-1.8%	-12.5%	-22.0%	-11.4%	-2.3%
Enterprise value	€7M	€10.1M	€10.6M	€7.5M	€9.2M	€11M	€13.1M	€13.5M
Net debt / EBITDA	-3.52×	-0.44×	0.89×	-2.71×	0.23×	-1.22×	0.25×	1.11×
Cash conversion cycle (days)	-52	-176	-154	-226	-44	-23	-1	-50