Search companies

Find a company by ticker or name

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
+3185.5%
€44.68
vs €1.36 price
Levered DCF
€78.75
After debt service
Piotroski score
4 / 9
Average
Altman Z-score
1.01
Distress zone
Rating
B-
Overall 2 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E-3.74×-3.67×-23.15×21.05×26.52×-308.24×28.15×-19.52×
P/B0.51×0.48×1.27×1.54×2.62×2.15×1.79×1.52×
P/S0.12×0.12×0.3×0.37×0.54×0.51×0.49×0.53×
EV / EBITDA7.25×6.53×9.35×5.68×6.94×8.48×6.45×10.79×
Gross margin10.0%43.8%40.0%38.4%37.1%39.0%40.7%48.0%
Operating margin-2.8%-0.8%0.3%2.6%3.5%1.5%3.2%-2.0%
Net margin-3.3%-3.3%-1.3%1.8%2.0%-0.2%1.7%-2.7%
Current ratio0.79×0.9×1.03×1.24×1.3×1.44×1.06×1.05×
Debt / equity1.59×1.84×1.66×0.76×0.74×1.11×0.89×0.65×
Interest coverage-1.23×-0.3×0.18×3.78×6.05×1.89×2.84×-2.1×
Dividend yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Payout ratio0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity-13.9%-13.0%-5.4%7.4%10.0%-0.7%6.3%-7.8%
Return on invested capital-3.2%-1.0%0.4%4.2%5.0%-1.8%3.7%-2.1%
Return on assets-4.5%-3.9%-1.7%2.5%3.4%-0.2%2.0%-2.6%
Free cash flow yield88.7%36.1%-19.2%-6.1%-1.7%10.7%15.9%-17.4%
Earnings yield-27.0%-27.1%-4.3%4.8%3.8%-0.3%3.5%-5.1%
Enterprise value€33.2M€39.5M€60M€47.3M€64.1M€53.7M€47.3M€36.3M
Net debt / EBITDA5.42×5.12×5.24×1.62×1.36×2.74×2.07×3.19×
Cash conversion cycle (days)871501271071079593169