Dürr Aktiengesellschaft (DUE.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

+146.5%

€40.03

vs €16.24 price

Levered DCF

€84.98

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.72

Distress 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	7.72×	14.59×	13.2×	16.68×	33.43×	-167×	16.97×	13.71×
P/B	1.19×	1.27×	1.26×	1.95×	2.78×	2.54×	2.04×	2.2×
P/S	0.38×	0.36×	0.32×	0.51×	0.79×	0.69×	0.54×	0.56×
EV / EBITDA	6.32×	5.53×	5.54×	6.7×	10.21×	19.61×	7.48×	6.65×
Gross margin	22.0%	21.0%	21.7%	21.8%	23.2%	18.2%	21.4%	22.1%
Operating margin	3.8%	3.6%	4.1%	5.0%	4.8%	0.7%	5.0%	6.4%
Net margin	4.9%	2.4%	2.4%	3.0%	2.3%	-0.4%	3.2%	4.1%
Current ratio	1.35×	1.3×	1.18×	1.24×	1.29×	1.19×	1.44×	1.29×
Debt / equity	0.94×	1.09×	1.31×	0.78×	0.93×	1.13×	0.88×	0.62×
Interest coverage	2.84×	2.18×	3.14×	7.1×	3.36×	0.63×	5.87×	8.99×
Dividend yield	3.0%	3.1%	3.3%	1.6%	0.7%	2.4%	3.3%	3.5%
Payout ratio	23.7%	47.7%	43.3%	26.4%	25.0%	-399.4%	55.8%	48.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	15.3%	8.3%	9.6%	11.7%	8.3%	-1.5%	12.0%	16.1%
Return on invested capital	5.5%	3.2%	4.1%	7.1%	5.2%	0.9%	6.8%	10.3%
Return on assets	4.3%	2.0%	2.2%	2.9%	2.0%	-0.4%	3.2%	4.3%
Free cash flow yield	16.9%	17.4%	11.5%	7.5%	6.4%	7.1%	4.4%	4.2%
Earnings yield	12.9%	6.6%	7.6%	6.0%	3.0%	-0.6%	5.9%	7.3%
Enterprise value	€1.9B	€2B	€2B	€2.3B	€3.1B	€2.6B	€2.3B	€2.1B
Net debt / EBITDA	0.99×	1.34×	1.39×	0.45×	1.13×	1.96×	0.78×	-0.15×
Cash conversion cycle (days)	120	112	119	116	135	108	100	97