Search companies

Find a company by ticker or name

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
+51.2%
€143.67
vs €95.00 price
Levered DCF
€124.76
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
24.45
Safe zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

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

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E195.92×140.23×117.63×287.27×-140,000×175.94×1,050.85×614.71×
P/B1.45×1.19×0.8×0.74×0.91×0.92×1.04×0.91×
P/S51.29×204.76×18,191.39×16,232.32×19,590.73×14,693.04×55.09×52.95×
EV / EBITDA118.67×85.88×63.08×-4,454.13×421.51×148.89×127.32×93.69×
Gross margin-11.9%-12.1%-600.0%-450.0%-400.0%-600.0%-3.2%-4.7%
Operating margin-12.7%8.0%-650.0%-500.0%-450.0%-650.0%11.4%0.2%
Net margin21.9%146.0%15500.0%5650.0%6400.0%8350.0%5.2%8.6%
Current ratio12.87×15.36×104.28×485.71×295.28×14.94×15.96×18.2×
Debt / equity0.01×0.01×0×0×0×0.01×0.01×0.01×
Interest coverage0×0×0×0×-9×-13×72×0.2×
Dividend yield1.6%1.6%2.8%3.1%2.6%3.4%2.9%3.2%
Payout ratio364.3%220.4%325.2%891.2%786.7%603.6%3054.5%1976.5%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity0.6%0.8%0.7%0.3%0.3%0.5%0.1%0.1%
Return on invested capital-0.2%0.0%-0.0%-0.0%-0.0%-0.0%0.1%0.0%
Return on assets0.5%0.6%0.7%0.3%0.3%0.5%0.1%0.1%
Free cash flow yield-0.1%-0.0%0.3%0.4%0.1%0.2%-0.1%-0.4%
Earnings yield0.4%0.7%0.9%0.3%0.3%0.6%0.1%0.2%
Enterprise value€5.7B€4.9B€2.7B€2.2B€2.7B€1.7B€2B€1.5B
Net debt / EBITDA-27.52×-26.55×-20.95×2,038.8×-181.28×-115.85×-95.13×-101×
Cash conversion cycle (days)119610-36523254812,7575232