Fuchs Petrolub SE (FPE3.DE) 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

+10.6%

€46.71

vs €42.22 price

Levered DCF

€80.21

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

5.69

Safe zone

Rating

Overall 4 / 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	16.3×	18.19×	19.28×	17.51×	21.93×	29.39×	26.93×	17.61×
P/B	2.53×	2.89×	3.02×	2.47×	3.17×	4.09×	3.93×	3.48×
P/S	1.4×	1.56×	1.53×	1.33×	1.93×	2.71×	2.39×	1.97×
EV / EBITDA	9.14×	10.13×	10.35×	10.05×	12.45×	15.97×	14.65×	11.67×
Gross margin	33.5%	34.5%	32.3%	30.9%	33.6%	35.9%	34.6%	35.0%
Operating margin	12.1%	12.1%	11.7%	10.9%	12.7%	13.6%	13.3%	14.0%
Net margin	8.6%	8.6%	8.0%	7.6%	8.8%	9.3%	8.9%	11.2%
Current ratio	2.32×	2.22×	2.37×	2.22×	2.47×	2.38×	2.74×	2.76×
Debt / equity	0.05×	0.06×	0.04×	0.1×	0.03×	0.02×	0.01×	0×
Interest coverage	39.18×	35.58×	31.92×	62.17×	91.5×	40.38×	48.71×	71.8×
Dividend yield	3.1%	2.7%	2.6%	3.2%	2.5%	2.1%	2.1%	2.5%
Payout ratio	50.0%	48.3%	51.1%	55.2%	54.2%	61.4%	57.5%	43.8%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	15.5%	15.9%	15.7%	14.1%	14.4%	13.9%	14.6%	19.8%
Return on invested capital	14.2%	14.4%	15.1%	13.0%	13.7%	13.4%	14.9%	18.3%
Return on assets	11.2%	11.6%	11.6%	10.3%	10.9%	10.4%	11.3%	15.2%
Free cash flow yield	6.3%	5.6%	8.5%	1.3%	1.6%	3.7%	2.9%	2.9%
Earnings yield	6.1%	5.5%	5.2%	5.7%	4.6%	3.4%	3.7%	5.7%
Enterprise value	€4.8B	€5.4B	€5.3B	€4.6B	€5.5B	€6.3B	€5.9B	€4.9B
Net debt / EBITDA	-0.28×	-0.08×	-0.22×	0.13×	-0.22×	-0.46×	-0.51×	-0.46×
Cash conversion cycle (days)	96	101	92	117	109	95	95	101