Ideal Holdings S.A. (INTEK.AT) 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

+1296.3%

€75.40

vs €5.40 price

Levered DCF

€76.54

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

1.28

Distress zone

Rating

Overall 3 / 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	44.93×	3.1×	16.63×	3.55×	124.14×	23.03×	-3.68×	-3.32×
P/B	1.27×	1.3×	1.83×	1.12×	2.21×	1.45×	0.74×	0.5×
P/S	0.73×	0.76×	1.05×	0.91×	2.18×	0.87×	0.46×	0.37×
EV / EBITDA	11.94×	9.69×	24.77×	10.86×	47.36×	16.34×	-3.54×	4.58×
Gross margin	34.2%	33.3%	34.9%	35.4%	28.4%	33.5%	31.2%	33.0%
Operating margin	6.1%	6.3%	13.6%	8.3%	1.5%	2.0%	-12.0%	2.4%
Net margin	1.5%	24.5%	6.2%	25.6%	1.9%	3.8%	-12.6%	-11.0%
Current ratio	1.8×	1.78×	1.77×	2.46×	2.43×	3.9×	3.92×	3.71×
Debt / equity	1.55×	1.79×	3.31×	0.52×	0.34×	0.04×	0.05×	0×
Interest coverage	1.35×	1.16×	4.36×	5.01×	2.24×	5.22×	-22.88×	7.38×
Dividend yield	6.4%	1.1%	3.0%	5.3%	0.0%	0.0%	0.0%	0.0%
Payout ratio	309.4%	3.3%	50.5%	18.8%	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	2.6%	41.8%	10.9%	31.5%	2.0%	6.3%	-20.2%	-15.0%
Return on invested capital	2.0%	2.1%	3.7%	2.9%	0.7%	3.0%	-17.3%	3.2%
Return on assets	0.7%	11.6%	2.0%	15.9%	1.2%	4.7%	-14.3%	-10.8%
Free cash flow yield	9.6%	6.0%	9.5%	-1.2%	1.2%	10.0%	-4.6%	27.1%
Earnings yield	2.1%	32.2%	6.0%	28.2%	0.9%	4.3%	-27.4%	-29.9%
Enterprise value	€618.8M	€519.8M	€597.3M	€137.7M	€114.2M	€14.2M	€6M	€3.7M
Net debt / EBITDA	5.14×	4.39×	13.64×	1.62×	0.43×	-4.65×	1.49×	-3.98×
Cash conversion cycle (days)	46	6	45	163	137	113	203	164