Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
EXM.BRthis companyExmar N.V.	€11.30	9.76×	1.38×	3.06×	9.02×	-67.9%	36.6%	27.1%	31.2%	14.1%	7.3%	11.5%	0.51×	0.97×	1.49×	2.73×	19.0%	5	2.2	4	A-
BEKB.BRN.V. Bekaert S.A.	€40.60	28.5×	0.93×	0.52×	7.25×	23.7%	16.0%	7.8%	1.8%	3.3%	5.2%	17.9%	0.35×	0.65×	8.98×	1.62×	5.2%	6	2.61	3	B
EVS.BREVS Broadcast Equipment S.A.	€18.16	12.8×	2.12×	2.37×	7.61×	523.4%	70.8%	21.0%	18.5%	16.6%	15.6%	4.6%	0.06×	-1.02×	34.34×	2.73×	3.3%	6	3.39	5	S-
FLUX.BRFluxys Belgium S.A.	€20.60	16.97×	2.2×	1.69×	4.89×	101.8%	16.2%	17.4%	10.0%	13.0%	3.5%	-11.3%	1.77×	0.81×	2.24×	2.78×	7.6%	7	1.15	3	B
MELE.BRMelexis N.V.	€54.40	20.54×	4.76×	2.75×	13.71×	-36.0%	38.6%	16.0%	13.4%	23.2%	13.7%	4.2%	0.66×	1.52×	13.56×	5.46×	6.4%	8	7.23	4	A-
TESB.BRTessenderlo Group N.V.	€17.46	-19.55×	0.94×	0.57×	9.92×	247.7%	19.0%	2.4%	-2.9%	-4.8%	3.0%	4.7%	0.12×	0.25×	5.81×	2.07×	2.8%	7	1.74	3	B
Peer median	—	16.97×	2.12×	1.69×	7.61×	101.8%	19.0%	16.0%	10.0%	13.0%	5.2%	4.6%	0.35×	0.65×	8.98×	2.73×	5.2%	7	2.61	3	—