Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
HFG.DEthis companyHelloFresh SE	€3.03	-10.44×	1.43×	0.14×	6.14×	680.3%	58.1%	-0.1%	-1.4%	-13.8%	-0.3%	23.2%	1.05×	2.07×	-0.11×	0.78×	0.0%	4	3.04	1	C-
CWC.DECewe Stiftung & Co. KGaA	€113.40	12.28×	1.57×	0.82×	4.21×	33.5%	42.4%	10.6%	6.7%	12.8%	11.3%	6.1%	0.09×	-0.75×	57.11×	1.51×	2.7%	6	5.74	5	A+
DOU.DEDouglas AG	€7.86	7.5×	1.4×	0.29×	4.75×	2974.5%	44.5%	7.6%	3.8%	18.6%	7.5%	34.8%	2.48×	3.02×	2.58×	0.81×	0.0%	7	0.85	3	B
HBH.DEHORNBACH Holding AG & Co. KGaA	€93.40	9.93×	0.67×	0.21×	5.76×	85.9%	31.5%	3.9%	2.2%	6.7%	4.3%	13.1%	0.8×	2.84×	4.31×	1.36×	2.8%	5	2.07	4	A-
SFQ.DESAF-Holland SE	€22.80	13.66×	1.41×	0.4×	5.22×	19.2%	20.7%	8.0%	2.9%	10.4%	6.5%	14.1%	1.61×	2.18×	3.52×	2.45×	5.6%	7	2.33	3	B+
TIMA.DEZEAL Network SE	€40.40	26.57×	4.81×	5.08×	16.07×	381.9%	68.8%	26.8%	19.1%	18.1%	12.3%	5.5%	0.38×	-0.45×	12.57×	1.52×	4.6%	6	3.69	4	A-
Peer median	—	12.28×	1.41×	0.4×	5.22×	85.9%	42.4%	8.0%	3.8%	12.8%	7.5%	13.1%	0.8×	2.18×	4.31×	1.51×	2.8%	6	2.33	4	—