EIDP, Inc. (CTA.PA) 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

+41.8%

$64.91

vs $45.78 price

Levered DCF

$140.05

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

2.53

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	33.77×	42.24×	66.54×	0×	4,717.5×	4,422.5×	-68.36×	-13.26×
P/B	0×	2.02×	1.94×	0×	2.79×	2.67×	2.7×	0.89×
P/S	0×	2.84×	2.82×	0×	4.52×	4.66×	4.74×	4.63×
EV / EBITDA	-0.63×	17.47×	19.05×	-0.69×	18.62×	33.67×	45.06×	-19.4×
Gross margin	47.3%	43.6%	42.4%	40.2%	41.1%	40.2%	38.1%	40.4%
Operating margin	15.1%	12.4%	12.2%	11.0%	8.4%	5.9%	4.2%	-3.1%
Net margin	6.3%	5.4%	4.3%	6.6%	11.2%	4.8%	-6.9%	-35.4%
Current ratio	1.43×	1.45×	1.56×	1.56×	1.63×	1.73×	1.64×	1.73×
Debt / equity	0.11×	0.13×	0.12×	0.05×	0.04×	0.04×	0.01×	0.11×
Interest coverage	14.55×	9×	9.06×	24.41×	43.9×	18.73×	4.29×	-1.33×
Dividend yield	0.0%	1.0%	0.9%	0.0%	0.6%	0.6%	0.8%	0.0%
Payout ratio	43.4%	50.5%	59.7%	36.4%	22.6%	57.0%	-53.3%	-0.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.5%	3.8%	2.9%	4.5%	6.9%	2.7%	-3.9%	-6.8%
Return on invested capital	5.9%	4.5%	5.5%	5.2%	3.1%	2.5%	1.5%	-0.5%
Return on assets	2.6%	2.2%	1.7%	2.7%	4.2%	1.6%	-2.3%	-4.7%
Free cash flow yield	0.0%	3.2%	2.4%	0.0%	3.0%	2.4%	-0.1%	-1.5%
Earnings yield	0.0%	1.9%	1.5%	0.0%	2.5%	1.0%	-1.5%	-7.6%
Enterprise value	-$1.9B	$47.8B	$48.3B	-$1.9B	$67.4B	$63.9B	$63.9B	$71.4B
Net debt / EBITDA	-0.63×	-0.09×	-0.07×	-0.69×	-0.92×	-1.28×	-1.15×	-1.42×
Cash conversion cycle (days)	184	177	213	186	154	181	202	199