FACC AG (FACC.VI) 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

+136.4%

€30.97

vs €13.10 price

Levered DCF

€13.71

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.53

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	24.96×	42.64×	29.15×	-263.72×	-13.56×	-5.05×	38.41×	20.94×
P/B	2.11×	1.27×	1.21×	1.28×	1.57×	1.6×	1.64×	2.12×
P/S	0.53×	0.31×	0.36×	0.43×	0.65×	0.74×	0.65×	0.81×
EV / EBITDA	12.29×	10.97×	13.12×	13.69×	-856.47×	-11.87×	14.75×	10.64×
Gross margin	10.0%	10.2%	12.3%	8.0%	7.0%	1.4%	8.3%	10.3%
Operating margin	3.5%	3.1%	1.9%	1.2%	0.4%	-12.3%	3.4%	5.6%
Net margin	2.2%	0.7%	1.2%	-0.2%	-4.7%	-14.6%	1.7%	3.9%
Current ratio	1.36×	1.36×	1.28×	1.22×	1.21×	1.42×	1.52×	1.66×
Debt / equity	1.08×	1.31×	1.4×	1.26×	1.34×	1.17×	0.93×	0.41×
Interest coverage	1.59×	1.02×	0.71×	0.7×	0.3×	-7.47×	0×	4.34×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.6%	0.8%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	61.7%	16.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	8.5%	2.9%	4.1%	-0.5%	-11.5%	-31.7%	4.3%	10.1%
Return on invested capital	5.2%	5.2%	2.6%	0.5%	0.3%	-10.5%	3.5%	6.1%
Return on assets	3.0%	0.9%	1.3%	-0.2%	-3.7%	-11.9%	1.8%	4.2%
Free cash flow yield	7.0%	11.7%	13.7%	-1.2%	21.8%	-0.6%	7.0%	4.3%
Earnings yield	4.0%	2.3%	3.4%	-0.4%	-7.3%	-19.8%	2.6%	4.8%
Enterprise value	€741.5M	€497.8M	€476.2M	€413.8M	€483M	€580.1M	€723.3M	€666.5M
Net debt / EBITDA	3.58×	4.95×	5.77×	5.1×	-284.09×	-3.92×	4.35×	0.54×
Cash conversion cycle (days)	91	91	80	103	95	118	70	97