FSDV Société anonyme (FSDV.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

+404753.0%

€68,015.31

vs €16.80 price

Levered DCF

€35,426.95

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 2 / 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	0.06×	-4.03×	-4.2×	-3,846.15×	-5.38×	-7.75×	-6.28×	-7.63×
P/B	0×	1.84×	1.92×	1.08×	1.01×	1.17×	0.93×	0.94×
P/S	0.01×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	97.63×	0.33×	0.36×	0.79×	1.1×	-279.96×	3.68×	1.47×
Gross margin	100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	49.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	22.5%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	0×	3.52×	8.5×	10.47×	14.6×	15.01×	15.15×	8.87×
Debt / equity	1.43×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	297.7%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	18.4%	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	6.6%	-46.0%	-45.7%	-0.0%	-18.9%	-15.1%	-14.8%	-12.4%
Return on invested capital	4.6%	-43.0%	-39.8%	-0.0%	-21.1%	-15.0%	-18.1%	-16.7%
Return on assets	2.2%	-30.0%	-36.4%	-0.0%	-17.9%	-14.3%	-13.8%	-11.1%
Free cash flow yield	2578.6%	-28.3%	-21.9%	-0.0%	-20.6%	-18.2%	-28.1%	-16.9%
Earnings yield	1614.1%	-24.9%	-23.8%	-0.0%	-18.6%	-12.9%	-15.9%	-13.1%
Enterprise value	€454.9M	€1.3M	€1.7M	€1M	€937.6K	€1.4M	€489.7K	€308.2K
Net debt / EBITDA	97.34×	-0.07×	-0.16×	-0.99×	-2.1×	470.4×	-21.96×	-17.56×
Cash conversion cycle (days)	0	-239	0	-184,484	0	0	0	0