Compagnie de l'Odet (ODET.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

-25.1%

€744.04

vs €993.00 price

Levered DCF

€772.29

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.7

Distress zone

Rating

B-

Overall 3 / 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	40.43×	6.81×	50.43×	3.1×	-0.32×	15.58×	2.37×	27.68×
P/B	0.69×	0.52×	0.53×	0.53×	0.64×	0.86×	0.87×	0.89×
P/S	3.01×	2.14×	0.45×	0.43×	0.34×	0.2×	0.13×	0.15×
EV / EBITDA	-27.71×	-20.32×	19.06×	5.45×	8.45×	8.32×	3.67×	2.92×
Gross margin	-0.5%	-7.9%	7.6%	9.0%	2.4%	11.1%	32.0%	30.3%
Operating margin	-8.0%	-0.1%	5.5%	2.6%	2.6%	3.4%	5.1%	5.6%
Net margin	7.5%	31.4%	0.9%	14.0%	19.6%	1.3%	5.6%	0.5%
Current ratio	6.1×	4.45×	1.01×	1.48×	1.1×	0.7×	0.82×	1.09×
Debt / equity	0.05×	0.29×	0.68×	0.73×	1.13×	3.43×	3.13×	2.73×
Interest coverage	-6.62×	-0.05×	4.72×	2.64×	3.12×	2.49×	4.12×	6.96×
Dividend yield	0.2%	0.3%	0.2%	0.3%	0.2%	0.1%	0.1%	0.1%
Payout ratio	8.5%	1.7%	12.5%	0.8%	0.4%	2.0%	0.3%	3.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.7%	7.6%	1.1%	17.0%	36.9%	5.5%	36.7%	3.2%
Return on invested capital	-1.0%	-0.0%	1.1%	0.8%	1.0%	0.6%	2.9%	2.6%
Return on assets	1.0%	4.1%	0.2%	3.5%	6.0%	0.4%	2.5%	0.2%
Free cash flow yield	3.0%	1.1%	15.5%	19.6%	20.5%	46.2%	37.5%	28.8%
Earnings yield	2.5%	14.7%	2.0%	32.3%	57.8%	6.4%	42.2%	3.6%
Enterprise value	€4.3B	€5.3B	€8.4B	€6.3B	€11.1B	€14.4B	€12.3B	€9B
Net debt / EBITDA	29.6×	5.28×	5.04×	0.33×	4.14×	6.4×	2.68×	1.82×
Cash conversion cycle (days)	18	36	32	71	51	-3	-4	37