Jeudan A/S (JDAN.CO) 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

+582.9%

DKK 1,362.37

vs DKK 199.50 price

Levered DCF

DKK 673.13

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.79

Distress zone

Rating

A-

Overall 4 / 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	10.94×	100×	-15.32×	3.96×	6.48×	30.47×	16.6×	17.46×
P/B	0.84×	0.92×	1.03×	1×	1.51×	1.75×	1.88×	1.55×
P/S	6.25×	6.57×	7.39×	6.64×	8.4×	8.96×	8.92×	6.58×
EV / EBITDA	18.12×	47.44×	-55.82×	7.3×	10.76×	45.14×	25.65×	26.97×
Gross margin	69.8%	73.2%	73.9%	58.2%	57.2%	63.4%	61.7%	60.2%
Operating margin	60.7%	63.2%	63.7%	102.5%	158.4%	103.0%	159.3%	93.6%
Net margin	57.1%	6.6%	-48.2%	167.9%	129.7%	29.4%	53.8%	37.7%
Current ratio	0.4×	0.47×	0.56×	1.43×	0.23×	0.25×	0.22×	0.15×
Debt / equity	1.71×	1.75×	1.7×	1.48×	1.85×	2.33×	2.32×	2.34×
Interest coverage	2.1×	2.08×	2.47×	11.39×	24.6×	14.11×	22.53×	8.19×
Dividend yield	1.5%	1.5%	1.3%	1.0%	0.9%	0.0%	1.0%	1.3%
Payout ratio	16.6%	147.5%	-20.1%	4.0%	5.7%	0.0%	15.8%	22.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.6%	0.9%	-6.7%	25.2%	23.3%	5.7%	11.3%	8.9%
Return on invested capital	2.1%	2.3%	2.4%	4.4%	7.3%	4.4%	7.4%	4.8%
Return on assets	2.6%	0.3%	-2.3%	9.1%	7.5%	1.6%	3.2%	2.5%
Free cash flow yield	5.8%	4.8%	0.8%	5.4%	4.4%	6.4%	4.7%	5.5%
Earnings yield	9.1%	1.0%	-6.5%	25.3%	15.4%	3.3%	6.0%	5.7%
Enterprise value	DKK 33.1B	DKK 32.6B	DKK 33.6B	DKK 32.9B	DKK 33.9B	DKK 32B	DKK 31.1B	DKK 26.1B
Net debt / EBITDA	12.14×	31.08×	-34.72×	4.35×	5.92×	25.74×	14.13×	16.2×
Cash conversion cycle (days)	-25	-47	-64	55	76	34	86	34