NIQ Global Intelligence Plc (NIQ) 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

+260.8%

$71.61

vs $19.85 price

Levered DCF

$11.41

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.85

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022
P/E	-12.49×	-5.54×	-7.37×	-14.62×
P/B	4.45×	18.14×	3.91×	8×
P/S	1.05×	1.13×	1.27×	1.55×
EV / EBITDA	10.31×	28.9×	42.06×	41.89×
Gross margin	55.6%	55.4%	54.8%	50.2%
Operating margin	3.4%	-2.5%	-3.3%	-6.4%
Net margin	-8.4%	-20.4%	-17.2%	-10.7%
Current ratio	1.03×	0.87×	1.1×	0.83×
Debt / equity	3.92×	17.46×	4.09×	4.27×
Interest coverage	0.43×	-0.24×	-0.36×	-1.61×
Dividend yield	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	-35.7%	-326.8%	-53.0%	-55.1%
Return on invested capital	2.5%	-1.9%	-1.8%	-5.9%
Return on assets	-5.2%	-12.7%	-7.8%	-7.7%
Free cash flow yield	0.5%	-4.8%	-0.8%	-5.6%
Earnings yield	-8.0%	-18.0%	-13.6%	-6.9%
Enterprise value	$7.8B	$8.9B	$9.2B	$7B
Net debt / EBITDA	4.46×	13.72×	20.83×	13.96×
Cash conversion cycle (days)	26	22	33	30