Search companies

Find a company by ticker or name

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
-70.5%
€4.05
vs €13.72 price
Levered DCF
€1.83
After debt service
Piotroski score
6 / 9
Average
Altman Z-score
2.09
Grey zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-39.3×42.21×32.05×144.37×26.93×-11.08×13.73×11.11×
P/B1.04×0.76×0.77×0.86×1.02×0.88×0.85×0.56×
P/S2.3×1.68×1.84×2.11×2.31×2.21×2.48×1.65×
EV / EBITDA13.96×5.69×4.71×7.35×4.15×-6.09×3.01×1.26×
Gross margin38.2%39.6%38.1%35.5%43.5%44.0%50.4%42.6%
Operating margin-0.6%4.0%6.1%0.0%12.8%-27.9%22.2%18.8%
Net margin-5.9%3.9%5.8%1.5%8.5%-20.0%17.9%14.9%
Current ratio3.67×3.96×4.7×4.1×2.51×3.07×11.07×9.57×
Debt / equity0.01×0×0×0.02×0.05×0×0×0×
Interest coverage-0.61×7.57×11.01×0.11×47.18×-124.4×15.29×92.09×
Dividend yield0.9%1.7%0.3%4.1%6.0%5.4%3.5%3.8%
Payout ratio-35.2%73.0%10.5%586.9%162.0%-60.2%47.8%42.1%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-2.7%1.8%2.4%0.6%3.8%-8.0%6.1%5.0%
Return on invested capital-0.2%0.6%1.1%0.0%1.7%-5.4%3.3%2.5%
Return on assets-1.4%1.0%1.4%0.3%1.8%-4.1%3.7%3.1%
Free cash flow yield-6.7%-5.9%-3.6%-14.1%1.0%8.7%7.7%18.0%
Earnings yield-2.6%2.3%3.1%0.7%3.7%-9.0%7.2%9.0%
Enterprise value€571.7M€332.7M€325.8M€415.6M€438.9M€272M€379.1M€148.9M
Net debt / EBITDA-6.48×-5.07×-4.66×-5.46×-3.71×10.3×-3.38×-3.24×
Cash conversion cycle (days)878710670-142194213-24