Promotora de Informaciones, S.A. (PRS.MC) 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

+4461.9%

€92.38

vs €2.03 price

Levered DCF

€145.20

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.94

Distress zone

Rating

C-

Overall 1 / 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	-18.39×	-30.1×	-8.08×	-15.36×	-3.77×	6.87×	-5.33×	-3.09×
P/B	-1.27×	-0.91×	-0.59×	-0.36×	-0.72×	-1.41×	-1.99×	-2.67×
P/S	0.54×	0.4×	0.28×	0.24×	0.55×	0.91×	0.9×	0.77×
EV / EBITDA	8.42×	6.39×	6.67×	5.79×	22.77×	34.05×	15.92×	8.69×
Gross margin	27.3%	87.5%	84.3%	84.6%	85.9%	84.7%	84.0%	84.0%
Operating margin	8.3%	13.0%	11.7%	7.6%	-2.7%	-4.2%	5.0%	11.8%
Net margin	-3.1%	-1.3%	-3.5%	-1.6%	-14.6%	13.0%	-17.1%	-25.0%
Current ratio	1.28×	1.34×	1.26×	1.26×	1.34×	1.24×	1.41×	1.48×
Debt / equity	-2.3×	-2.33×	-2.23×	-1.98×	-1.83×	-2.29×	-2.52×	-3.95×
Interest coverage	1.03×	1.23×	1.07×	0.5×	-0.33×	-0.22×	0.69×	1.28×
Dividend yield	0.6%	0.5%	0.8%	2.6%	0.4%	0.4%	4.1%	3.0%
Payout ratio	-10.8%	-14.2%	-6.6%	-40.1%	-1.7%	2.7%	-21.3%	-9.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.2%	3.0%	7.3%	2.4%	19.1%	-20.0%	37.9%	86.8%
Return on invested capital	-47.1%	-11.7%	-135.9%	10.8%	-3.6%	-4.4%	5.4%	-41.3%
Return on assets	-3.0%	-1.3%	-3.3%	-1.3%	-12.1%	9.2%	-11.6%	-16.2%
Free cash flow yield	18.4%	23.4%	31.6%	27.9%	8.4%	1.4%	5.4%	15.0%
Earnings yield	-5.7%	-3.3%	-12.4%	-6.5%	-26.7%	14.2%	-19.0%	-32.5%
Enterprise value	€1.2B	€1.1B	€1.1B	€1.1B	€1.3B	€1.5B	€2B	€1.8B
Net debt / EBITDA	5.06×	4.33×	5.04×	4.73×	15.55×	19.23×	8.32×	4.6×
Cash conversion cycle (days)	34	-376	2	-387	-447	-396	-268	-139