Galeo Concept S.A. (MLGAL.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

-60.2%

€2.27

vs €5.70 price

Levered DCF

-€1.86

After debt service

Piotroski score

—

Altman Z-score

—

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	-3.11×	2.92×	-3.5×	4.72×	8×	1.89×	-2.56×	-31.25×
P/B	0.43×	0.24×	0.23×	0.49×	0.48×	0.14×	0.46×	1.13×
P/S	0.24×	0.14×	0.14×	0.24×	0.26×	0.07×	0.22×	0.61×
EV / EBITDA	-22.44×	5.44×	-58.18×	7.72×	6.54×	6.15×	-185.28×	254.38×
Gross margin	24.6%	4.5%	21.8%	29.9%	9.4%	4.7%	-2.0%	-0.5%
Operating margin	-5.8%	4.1%	-3.0%	6.4%	8.7%	4.5%	-1.9%	-1.2%
Net margin	-7.8%	4.6%	-3.8%	5.1%	3.3%	3.9%	-8.6%	-1.9%
Current ratio	3.37×	3.89×	7.61×	3.15×	4.43×	3.41×	2.52×	5×
Debt / equity	0.73×	0.61×	0.91×	0.69×	0.73×	0.56×	0.68×	0.4×
Interest coverage	-3.35×	2.36×	-2.67×	6.34×	11.55×	0×	0×	0×
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	-13.8%	8.1%	-6.5%	10.5%	6.1%	7.6%	-18.0%	-3.6%
Return on invested capital	-6.0%	4.5%	-2.6%	7.7%	9.3%	5.5%	-2.3%	-1.6%
Return on assets	-6.4%	4.3%	-3.0%	5.3%	3.0%	3.6%	-8.6%	-2.1%
Free cash flow yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings yield	-31.9%	33.8%	-28.0%	21.4%	12.8%	52.9%	-39.2%	-3.2%
Enterprise value	€1.9M	€1.6M	€1.9M	€2M	€1.9M	€1M	€1.5M	€2.4M
Net debt / EBITDA	-13.86×	3.88×	-46.16×	4.51×	3.95×	4.88×	-110.8×	66.38×
Cash conversion cycle (days)	331	140	249	340	357	329	288	278