Intexa S.A. (ITXT.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

+77.7%

€3.84

vs €2.16 price

Levered DCF

€4.71

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

6.54

Safe zone

Rating

—

Ratios by fiscal year

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

Metric	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
P/E	-4.91×	13.33×	26.36×	37.8×	33.74×	27.5×	28.4×	-5.76×
P/B	0.85×	0.64×	0.82×	0.9×	0.98×	0.77×	0.73×	0.76×
P/S	9.72×	8.18×	10.23×	11.58×	11.93×	9×	8.56×	8.95×
EV / EBITDA	-6.5×	6.58×	0.32×	2.53×	4.47×	1.13×	0.67×	1.22×
Gross margin	53.0%	54.9%	54.4%	49.1%	55.4%	56.9%	56.3%	55.1%
Operating margin	-212.1%	38.7%	54.7%	45.8%	41.4%	41.6%	38.2%	32.2%
Net margin	-198.2%	59.9%	38.0%	30.6%	35.4%	32.7%	30.1%	-156.6%
Current ratio	22.3×	27×	26.48×	46.88×	37.13×	33.07×	27.48×	9.95×
Debt / equity	0.01×	0.01×	0.01×	0.01×	0.01×	0.01×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	86×
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	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Return on equity	-17.3%	4.7%	3.0%	2.4%	2.9%	2.8%	2.6%	-13.4%
Return on invested capital	-18.0%	2.2%	3.0%	2.3%	2.2%	2.5%	2.3%	-11.8%
Return on assets	-16.1%	4.5%	2.9%	2.3%	2.8%	2.7%	2.5%	-12.5%
Free cash flow yield	4.1%	7.9%	8.1%	5.0%	4.7%	6.1%	1.2%	6.6%
Earnings yield	-20.4%	7.3%	3.7%	2.6%	3.0%	3.6%	3.5%	-17.5%
Enterprise value	€2.4M	€2.2M	€74.8K	€515.2K	€875.6K	€223K	€122.6K	€212.3K
Net debt / EBITDA	1×	-0.73×	-12.07×	-12.85×	-12.57×	-11.71×	-11.98×	-12.51×
Cash conversion cycle (days)	103	59	-99	41	7	-58	-110	-111