Elior Group S.A. (ELIOR.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

+1355.0%

€27.13

vs €1.86 price

Levered DCF

€20.92

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.9

Grey 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	7.54×	-22.69×	-4.31×	-0.76×	-11.91×	-1.53×	31.26×	-78×
P/B	0.8×	1.18×	0.47×	0.44×	1.1×	0.61×	1.29×	1.58×
P/S	0.11×	0.15×	0.08×	0.07×	0.32×	0.17×	0.44×	0.47×
EV / EBITDA	4.79×	7.34×	14.18×	-10.42×	20.96×	-12.58×	8.95×	15.68×
Gross margin	14.0%	17.0%	15.2%	10.2%	15.3%	15.2%	18.9%	18.6%
Operating margin	2.9%	2.2%	0.6%	-1.6%	-2.3%	-7.9%	3.1%	0.9%
Net margin	1.4%	-0.7%	-1.8%	-9.6%	-2.7%	-11.3%	1.4%	0.7%
Current ratio	0.56×	0.63×	0.73×	0.75×	0.7×	0.66×	0.76×	0.74×
Debt / equity	1.56×	1.81×	1.69×	1.73×	1.09×	0.92×	0.37×	1.34×
Interest coverage	1.26×	1.2×	0.41×	-1.23×	-1.69×	-8.97×	2.05×	0.83×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	7.3%	1.5%	1.6%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	-11.1%	48.5%	105.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	10.5%	-5.3%	-11.0%	-58.0%	-9.3%	-39.6%	4.1%	2.3%
Return on invested capital	7.7%	5.7%	1.1%	-3.3%	-3.3%	-13.6%	6.0%	1.2%
Return on assets	2.3%	-1.1%	-2.4%	-12.9%	-2.8%	-12.7%	1.8%	0.6%
Free cash flow yield	30.0%	21.3%	-15.0%	-31.0%	-2.3%	-7.0%	7.8%	1.8%
Earnings yield	13.2%	-4.5%	-23.2%	-131.0%	-8.4%	-65.4%	3.2%	1.5%
Enterprise value	€1.8B	€2.2B	€1.8B	€1.5B	€2.3B	€1.7B	€2.7B	€4.1B
Net debt / EBITDA	2.99×	4.25×	11×	-8.2×	10.04×	-7.45×	1.78×	6.91×
Cash conversion cycle (days)	10	4	11	8	10	19	7	-3