Datagroup Se (D6H0.DE) 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

+37.7%

€108.76

vs €79.00 price

Levered DCF

€86.32

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.76

Grey zone

Rating

—

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	24.15×	13.58×	13.44×	20.42×	31.81×	1,491.64×	27.9×	25.39×
P/B	3.11×	2.31×	2.56×	3.51×	7×	5.62×	5.46×	4.87×
P/S	0.94×	0.67×	0.76×	0.9×	1.48×	1.01×	1.26×	1.2×
EV / EBITDA	8.37×	6.03×	6.18×	6.95×	10.97×	10.77×	10.34×	9.55×
Gross margin	12.5%	27.7%	20.0%	19.3%	18.4%	16.4%	19.6%	21.1%
Operating margin	6.8%	8.7%	9.1%	8.3%	6.4%	2.7%	6.8%	6.7%
Net margin	3.9%	5.0%	5.6%	4.4%	4.7%	0.1%	4.5%	4.7%
Current ratio	0.97×	1.16×	0.87×	0.85×	1.19×	1.42×	1.67×	1.64×
Debt / equity	1.19×	1.24×	1.03×	1.02×	1.44×	2.25×	1.77×	0.65×
Interest coverage	3.27×	4.05×	7.67×	8.66×	8.56×	3.09×	9.16×	7.58×
Dividend yield	1.6%	3.5%	2.4%	1.9%	0.0%	1.6%	1.2%	1.1%
Payout ratio	37.8%	47.7%	32.6%	38.1%	0.0%	2344.7%	34.4%	29.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	12.9%	17.0%	19.1%	17.1%	22.0%	0.4%	19.6%	19.1%
Return on invested capital	4.8%	7.7%	8.8%	7.8%	6.9%	0.1%	5.9%	7.6%
Return on assets	3.8%	4.9%	6.0%	4.5%	4.8%	0.1%	4.5%	6.0%
Free cash flow yield	4.1%	10.8%	8.3%	14.4%	6.4%	1.3%	-2.7%	2.4%
Earnings yield	4.1%	7.4%	7.4%	4.9%	3.1%	0.1%	3.6%	3.9%
Enterprise value	€724.1M	€510.1M	€507.2M	€531.1M	€751.1M	€456.7M	€488.4M	€332.8M
Net debt / EBITDA	2.24×	1.83×	1.58×	1.09×	1.33×	2.01×	1.78×	0.14×
Cash conversion cycle (days)	73	40	48	49	54	54	86	50