Genfit S.A. (GNFT.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

-173.4%

-€7.52

vs €10.24 price

Levered DCF

-€9.84

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-3.67

Distress zone

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	-3.06×	118×	-6.1×	-8.27×	2.86×	-1.54×	-10.03×	-6.8×
P/B	-11.11×	2.57×	2.59×	2.09×	1.62×	-9.6×	7.77×	25.83×
P/S	4.01×	2.65×	6.16×	9.76×	2.41×	202.78×	21.17×	7,836.97×
EV / EBITDA	-38.85×	18.95×	-7.57×	-5.78×	0.12×	-2.33×	-11.41×	-7.43×
Gross margin	22.2%	99.6%	98.8%	98.8%	99.8%	73.6%	99.4%	-2587.0%
Operating margin	-90.0%	4.9%	-93.1%	-136.4%	39.7%	-10836.2%	-187.5%	-100701.4%
Net margin	-131.4%	2.2%	-101.2%	-117.5%	84.0%	-13231.5%	-211.2%	-115247.8%
Current ratio	2×	1.23×	2.94×	4.02×	4.27×	5.95×	6.68×	5.56×
Debt / equity	-6.37×	0.9×	1.03×	0.8×	0.62×	-11.49×	2.18×	8.1×
Interest coverage	-10.7×	0.69×	-5.72×	-6.25×	6.42×	-7.03×	-5.05×	-6.32×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	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	363.6%	2.2%	-42.5%	-25.1%	56.5%	626.3%	-77.5%	-379.8%
Return on invested capital	-43.0%	2.0%	-18.5%	-15.1%	13.9%	-48.0%	-21.2%	-35.8%
Return on assets	-54.4%	1.0%	-16.6%	-11.0%	23.9%	-51.0%	-21.0%	-34.7%
Free cash flow yield	-10.2%	8.0%	-32.9%	-36.9%	51.5%	-62.7%	-7.6%	-10.9%
Earnings yield	-32.7%	0.8%	-16.4%	-12.0%	34.8%	-65.3%	-10.0%	-14.7%
Enterprise value	€312.3M	€158.2M	€168.3M	€136.4M	€8.6M	€169.8M	€559.7M	€503.1M
Net debt / EBITDA	-6.17×	-2.36×	0.34×	2.57×	-2.57×	-0.2×	1.9×	0.56×
Cash conversion cycle (days)	111	-22,325	-10,761	-12,383	-27,852	-31,053	-67,391	-4,337