Jacques Bogart S.A. (JBOG.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

+7703.9%

€89.35

vs €1.15 price

Levered DCF

€71.71

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.73

Distress zone

Rating

D+

Overall 1 / 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	-2.58×	-185.38×	25×	-13.13×	245.58×	65.63×	16.57×	4.9×
P/B	1.02×	0.77×	1.13×	1.57×	1.9×	1.58×	1.67×	0.98×
P/S	0.22×	0.22×	0.32×	0.47×	0.75×	0.7×	0.56×	0.56×
EV / EBITDA	9.94×	5.7×	5.58×	9.25×	14.42×	6.66×	6.01×	4.44×
Gross margin	50.8%	52.8%	52.5%	15.3%	13.6%	48.9%	14.3%	52.4%
Operating margin	-6.5%	3.0%	4.0%	-1.9%	1.8%	4.0%	-1.9%	4.4%
Net margin	-8.5%	-0.2%	1.3%	-3.6%	0.3%	1.0%	3.3%	11.3%
Current ratio	0.9×	1.25×	1.35×	1.36×	1.24×	1.25×	1.39×	1.36×
Debt / equity	3.54×	2.59×	2.28×	2.4×	2.33×	1.95×	2.04×	0.81×
Interest coverage	-1.96×	0.93×	1.58×	-1.03×	1.09×	1.89×	-1.12×	4.81×
Dividend yield	4.0%	4.7%	2.8%	2.5%	1.8%	2.2%	1.8%	2.9%
Payout ratio	-10.4%	-664.4%	69.9%	-32.5%	453.6%	147.6%	30.1%	14.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-39.5%	-0.5%	4.5%	-12.0%	0.8%	2.4%	10.0%	19.9%
Return on invested capital	-6.5%	0.9%	3.6%	-1.8%	0.6%	1.7%	-1.4%	4.0%
Return on assets	-6.5%	-0.1%	1.0%	-2.6%	0.2%	0.6%	2.5%	6.6%
Free cash flow yield	23.7%	41.9%	11.2%	9.8%	17.1%	35.1%	15.3%	27.8%
Earnings yield	-38.7%	-0.7%	4.0%	-7.6%	0.4%	1.5%	6.0%	20.3%
Enterprise value	€224.8M	€231.5M	€234.1M	€277.2M	€318.5M	€261.6M	€316.6M	€109.9M
Net debt / EBITDA	7.36×	4.15×	3.31×	4.67×	6.04×	2.66×	2.81×	0.72×
Cash conversion cycle (days)	165	150	157	93	93	146	94	210