CPI Computer Peripherals International (CPI.AT) 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

-159.5%

-€0.31

vs €0.52 price

Levered DCF

€1.35

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.05

Safe zone

Rating

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	27.47×	-13.5×	106.9×	-52.89×	30.91×	73.48×	-18.17×	-210×
P/B	1.91×	2.39×	2.14×	2.12×	2.21×	3.09×	1.83×	1.02×
P/S	0.27×	0.33×	0.32×	0.35×	0.36×	0.51×	0.32×	0.18×
EV / EBITDA	12.49×	442.6×	16.66×	22.44×	8.59×	13.64×	15.35×	11.54×
Gross margin	17.9%	17.0%	17.2%	19.1%	17.7%	18.0%	16.0%	17.4%
Operating margin	1.4%	-2.1%	0.7%	0.8%	2.5%	2.0%	0.1%	0.2%
Net margin	1.0%	-2.4%	0.3%	-0.7%	1.1%	0.7%	-1.7%	-0.1%
Current ratio	1.07×	1.08×	1.26×	1.26×	1.53×	1.45×	1.22×	1.31×
Debt / equity	1.94×	2.46×	1.98×	1.76×	1.1×	1.11×	1.12×	0.87×
Interest coverage	0.72×	-2.35×	0.59×	1.24×	2.45×	2.19×	0.05×	0.16×
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	6.9%	-17.7%	2.0%	-4.0%	7.1%	4.2%	-10.1%	-0.5%
Return on invested capital	2.9%	-4.4%	1.0%	1.8%	5.3%	5.4%	0.2%	-0.1%
Return on assets	1.6%	-3.7%	0.5%	-1.1%	2.2%	1.3%	-2.9%	-0.2%
Free cash flow yield	22.0%	-1.4%	-10.2%	-2.8%	-0.3%	-0.6%	16.6%	-10.1%
Earnings yield	3.6%	-7.4%	0.9%	-1.9%	3.2%	1.4%	-5.5%	-0.5%
Enterprise value	€10.5M	€12.4M	€12.5M	€11.4M	€9.4M	€11M	€7.3M	€5.2M
Net debt / EBITDA	6.2×	221.7×	7.93×	9.71×	2.72×	3.29×	5.43×	5.08×
Cash conversion cycle (days)	84	103	88	96	105	95	101	105