Acteos S.A. (EOS.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

-163.4%

-€0.48

vs €0.76 price

Levered DCF

-€0.39

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.22

Distress zone

Rating

D+

Overall 1 / 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	-5.15×	-2.42×	-31.09×	-29.34×	-8.18×	54.07×	-6.1×	-1.75×
P/B	-1.29×	-1.58×	-8×	-13.77×	-29.76×	21.08×	19.62×	10.14×
P/S	0.39×	0.23×	0.29×	0.25×	0.46×	0.54×	0.28×	0.28×
EV / EBITDA	7.13×	6.22×	5.66×	5.63×	13.89×	8.67×	10.83×	-5.64×
Gross margin	65.7%	62.0%	58.4%	-0.4%	-6.0%	2.1%	61.3%	55.3%
Operating margin	-4.1%	-14.4%	-0.3%	-0.8%	-7.0%	1.3%	-3.5%	-13.4%
Net margin	-7.5%	-9.6%	-0.9%	-0.9%	-5.7%	1.0%	-4.4%	-15.9%
Current ratio	0.73×	0.81×	0.86×	0.93×	1.07×	1.19×	0.87×	0.95×
Debt / equity	-1.44×	-2.03×	-7.54×	-15.86×	-34.82×	22.1×	23.27×	10.03×
Interest coverage	-1.32×	-7.96×	-0.31×	-1.29×	-7.01×	1.62×	-4.19×	-23.37×
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	24.7%	64.7%	25.7%	47.0%	365.3%	39.0%	-314.8%	-581.9%
Return on invested capital	-17.0%	-64.5%	-1.2%	-2.5%	-11.6%	2.0%	-8.8%	-38.0%
Return on assets	-6.3%	-12.4%	-0.9%	-1.1%	-4.6%	0.8%	-4.4%	-15.5%
Free cash flow yield	-5.8%	33.5%	-65.6%	21.1%	24.3%	-11.1%	-46.8%	46.9%
Earnings yield	-19.2%	-40.9%	-3.2%	-3.4%	-12.3%	1.9%	-16.1%	-57.4%
Enterprise value	€5.2M	€5.4M	€7M	€6.9M	€8.9M	€13M	€7.7M	€5.1M
Net debt / EBITDA	2.65×	2.73×	2.27×	1.65×	4.56×	2.92×	5.34×	-1.5×
Cash conversion cycle (days)	13	22	-35	30	69	105	61	-14