Imprimerie Chirat S.A. (MLIMP.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

+3558.3%

€131.70

vs €3.60 price

Levered DCF

€109.19

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	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-12.31×	-21.43×	7.3×	4.94×	-23.7×	-53.82×	17.38×	12.28×
P/B	0×	0.84×	0.86×	0.55×	1.01×	1.39×	1.85×	1.81×
P/S	0×	0.24×	0.24×	0.14×	0.29×	0.44×	0.54×	0.57×
EV / EBITDA	2.34×	5.32×	2.75×	1.94×	2.56×	4.37×	4.8×	3.98×
Gross margin	36.6%	41.0%	1.2%	69.1%	71.9%	71.7%	70.8%	73.7%
Operating margin	-3.4%	-2.2%	0.8%	2.6%	-0.3%	-2.4%	4.5%	5.7%
Net margin	-1.5%	-1.2%	3.2%	2.9%	-1.2%	-0.8%	3.1%	4.6%
Current ratio	2.1×	2.3×	1.89×	2.2×	2.1×	2.7×	2.51×	0.78×
Debt / equity	0.85×	1.45×	0.82×	0.69×	0.81×	1.16×	1.03×	1.31×
Interest coverage	-4.55×	-2.35×	1.6×	13.53×	-0.63×	-4.19×	7.69×	8.44×
Dividend yield	0.0%	3.3%	6.2%	0.0%	0.0%	8.3%	6.8%	8.0%
Payout ratio	0.0%	-70.8%	45.0%	0.0%	0.0%	-456.1%	119.2%	98.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-5.6%	-4.0%	11.7%	11.1%	-4.2%	-2.5%	10.6%	14.7%
Return on invested capital	-6.6%	-2.3%	1.2%	4.2%	-0.5%	-1.3%	5.9%	13.0%
Return on assets	-2.2%	-1.2%	4.2%	3.9%	-1.4%	-0.8%	3.7%	4.7%
Free cash flow yield	0.0%	0.0%	0.0%	118.5%	94.8%	72.6%	43.0%	0.0%
Earnings yield	0.0%	-4.7%	13.7%	20.3%	-4.2%	-1.8%	5.7%	8.1%
Enterprise value	€2.9M	€11.9M	€8.6M	€5.5M	€6.2M	€11.2M	€16.3M	€15.2M
Net debt / EBITDA	2.34×	3.06×	1×	0.79×	0.33×	1.36×	1.35×	1.36×
Cash conversion cycle (days)	66	74	71	84	-27	54	61	30