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)
IF.MIthis companyBanca IFIS S.p.A.	€10.14	4.76×	0.74×	1.51×	19.92×	2101.7%	89.0%	36.4%	31.7%	15.5%	3.1%	-10.6%	3.52×	16.14×	0×	0.07×	7.9%	3	-0.05	4	A-
ANIM.MIAnima Holding S.p.A.	€7.13	7.4×	1.05×	1.38×	4.99×	224.1%	37.9%	26.8%	18.6%	14.2%	9.5%	20.9%	0.44×	0.56×	30.96×	5.22×	7.4%	7	2.58	4	A+
BDB.MIBanco di Desio e della Brianza S.p.A.	€16.26	9.74×	0.83×	2.05×	20.95×	14.8%	93.1%	31.9%	21.0%	8.5%	1.5%	-20.6%	2.72×	15.3×	0.92×	0.06×	4.8%	3	-0.6	2	C+
BFF.MIBFF Bank S.p.A.	€2.00	25.68×	1.94×	2.79×	13.68×	385.6%	58.6%	13.6%	10.9%	7.6%	3.3%	8.9%	0.67×	-3.43×	0.33×	0.1×	0.0%	2	-0.6	3	B
CE.MICredito Emiliano S.p.A.	€20.18	8.35×	1.12×	1.77×	11.79×	227.1%	79.1%	29.4%	21.0%	13.3%	0.9%	4.8%	1.64×	6.42×	1.54×	42.78×	4.9%	4	0.25	3	B
D.MIDirecta S.I.M.p.A.	€7.56	7.76×	1.85×	1.94×	9×	338.3%	74.7%	36.7%	25.1%	24.0%	9.7%	18.3%	1.77×	4.01×	69.32×	0.22×	5.8%	5	1.99	3	B
Peer median	—	8.35×	1.12×	1.94×	11.79×	227.1%	74.7%	29.4%	21.0%	13.3%	3.3%	8.9%	1.64×	4.01×	1.54×	0.22×	4.9%	4	0.25	3	—