Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
RAM.LSthis companyRamada Investimentos e Industria, S.A.	€6.54	28.46×	1.9×	18.49×	22.02×	-57.7%	87.7%	81.1%	65.5%	6.7%	6.2%	3.8%	0×	-0.13×	42.49×	2.81×	14.2%	5	32.59	4	A-
ALTR.LSAltri, SGPS, S.A.	€4.25	45×	2.21×	1.37×	14.91×	85.8%	22.1%	5.2%	3.2%	5.1%	2.5%	-1.6%	1.56×	4.83×	1.46×	1.45×	6.7%	6	1.32	3	B-
NOS.LSNos, S.g.p.s., S.a.	€5.45	8.35×	1.85×	1.13×	4.57×	235.2%	27.1%	16.9%	13.5%	22.0%	9.9%	28.0%	1.5×	2.04×	4.39×	0.6×	9.9%	6	1.64	4	A-
NVG.LSThe Navigator Company, S.A.	€3.04	15.7×	1.58×	1.13×	8.77×	160.9%	28.7%	8.9%	7.3%	10.2%	5.5%	4.3%	0.68×	2.39×	4.24×	1.41×	7.8%	5	1.56	3	B+
RENE.LSREN - Redes Energéticas Nacionais, SGPS, S.A.	€3.66	13.42×	1.41×	2.1×	10.35×	154.1%	64.5%	17.8%	15.7%	10.5%	3.4%	19.5%	1.66×	5.57×	2.38×	0.24×	4.9%	6	0.74	4	A
SEM.LSSemapa - Sociedade de Investimento e Gestão, SGPS, S.A.	€19.94	10.83×	0.98×	0.8×	8.88×	59.5%	55.3%	8.8%	7.4%	9.0%	4.1%	14.4%	0.75×	3.57×	3.59×	0.57×	6.0%	5	1.1	5	A+
Peer median	—	13.42×	1.58×	1.13×	8.88×	154.1%	28.7%	8.9%	7.4%	10.2%	4.1%	14.4%	1.5×	3.57×	3.59×	0.6×	6.7%	6	1.32	4	—