Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) N.V. (MOP.BR) 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

+63.5%

€392.39

vs €240.00 price

Levered DCF

€139.21

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

3.38

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	15.37×	15.11×	31.92×	80.96×	80.33×	49.24×	40.52×	58.47×
P/B	0.46×	0.48×	0.43×	0.57×	0.49×	0.5×	0.48×	0.5×
P/S	0×	9.84×	17.8×	26.81×	23.16×	23.12×	21.77×	22.7×
EV / EBITDA	5.1×	0×	-2.4×	3.44×	-1.74×	2.09×	1.25×	2.55×
Gross margin	0.0%	100.0%	100.0%	100.0%	100.0%	100.0%	0.0%	0.0%
Operating margin	0.0%	-9.0%	-19.2%	-38.7%	-45.2%	-22.2%	-14.8%	-22.1%
Net margin	0.0%	65.2%	55.9%	33.2%	28.9%	47.5%	53.8%	40.0%
Current ratio	173.07×	104.65×	153.08×	389.3×	455.36×	576.35×	397.48×	282.64×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	-3.73×	0×	-14.89×	-2.3×	0×	-1.9×	-1.58×	-2.45×
Dividend yield	8.1%	23.2%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	124.1%	349.1%	0.0%	0.0%	0.9%	0.5%	0.5%	0.6%

Key metrics by fiscal year

Metric	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Return on equity	3.0%	3.2%	1.4%	0.7%	0.6%	1.0%	1.2%	0.9%
Return on invested capital	-0.3%	-0.3%	-0.3%	-0.6%	-0.6%	-0.3%	-0.2%	-0.3%
Return on assets	3.0%	3.2%	1.4%	0.7%	0.6%	1.0%	1.2%	0.9%
Free cash flow yield	5.9%	-3.6%	4.0%	1.5%	1.8%	2.5%	2.3%	2.5%
Earnings yield	6.5%	6.6%	3.1%	1.2%	1.2%	2.1%	2.5%	1.8%
Enterprise value	€11M	€1.7M	-€3.2M	€4M	€924K	€2.5M	€1.5M	€3.1M
Net debt / EBITDA	-6.08×	0×	-20.95×	-23.42×	49.5×	-21.07×	-20.53×	-20.18×
Cash conversion cycle (days)	0	2,893	7,683	8,937	9,358	9,067	0	0