Coty Inc. (COTY) 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

+213.9%

$10.93

vs $3.48 price

Levered DCF

$6.44

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-0.18

Distress zone

Rating

C+

Overall 2 / 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	-3.09×	-10.57×	112.06×	21.19×	25.03×	-105.3×	-3.1×	-2.31×
P/B	0.61×	1.1×	2.15×	2.64×	1.99×	1.83×	1.13×	1.9×
P/S	0.33×	0.69×	1.39×	1.88×	1.24×	1.54×	0.72×	1.01×
EV / EBITDA	189.61×	8.47×	12.31×	15.27×	12.99×	17.04×	38.83×	-5.44×
Gross margin	62.9%	64.8%	64.4%	63.9%	63.7%	60.0%	58.1%	61.8%
Operating margin	-1.4%	4.1%	8.9%	9.8%	4.5%	-1.0%	-26.2%	4.6%
Net margin	-10.4%	-6.2%	1.5%	9.1%	4.9%	-4.3%	-21.3%	-43.6%
Current ratio	0.75×	0.77×	0.75×	0.75×	0.66×	0.74×	1.81×	0.94×
Debt / equity	1.1×	1.15×	1.04×	1.15×	1.45×	1.49×	3.07×	1.67×
Interest coverage	-0.53×	1.06×	2.17×	2.08×	1×	-0.21×	-5.3×	1.56×
Dividend yield	0.7%	0.3%	0.2%	0.1%	0.9%	0.4%	5.8%	4.0%
Payout ratio	-2.2%	-3.6%	15.0%	2.7%	22.0%	-12.8%	-19.6%	-9.2%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-19.3%	-10.0%	2.3%	12.9%	7.9%	-5.2%	-33.5%	-82.2%
Return on invested capital	-1.0%	2.6%	3.1%	4.0%	1.5%	-0.1%	-9.2%	2.7%
Return on assets	-5.9%	-3.1%	0.7%	4.0%	2.1%	-1.5%	-6.0%	-21.3%
Free cash flow yield	18.4%	6.8%	4.3%	3.9%	8.4%	2.0%	-9.4%	2.4%
Earnings yield	-31.9%	-9.1%	1.0%	4.9%	3.9%	-2.8%	-29.7%	-43.3%
Enterprise value	$5.2B	$8B	$12.4B	$14.7B	$11.1B	$12.7B	$12.3B	$16B
Net debt / EBITDA	119.93×	4.2×	3.81×	4.46×	5.31×	7.44×	28.09×	-2.49×
Cash conversion cycle (days)	-142	-152	-168	-67	-72	-47	-61	-11