Saint Jean Groupe S.A. (SABE.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

-233.3%

-€24.66

vs €18.50 price

Levered DCF

-€36.64

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.38

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	FY2021	FY2020	FY2019	FY2018
P/E	-46.09×	32.7×	16.15×	104.44×	40.35×	75.14×	20.17×	72,000×
P/B	0.9×	0.86×	0.9×	0.85×	1.05×	1.32×	1.12×	1,079.32×
P/S	0.57×	0.56×	0.58×	0.6×	0.81×	1.04×	0.96×	977.12×
EV / EBITDA	9.72×	6.6×	6.3×	11.71×	8.61×	9.65×	11.72×	13.77×
Gross margin	-1.5%	54.8%	54.3%	1.8%	3.6%	3.5%	4.4%	56.9%
Operating margin	-2.6%	1.2%	4.2%	0.6%	2.6%	1.7%	2.2%	0.8%
Net margin	-1.2%	1.7%	3.6%	0.6%	2.0%	1.4%	4.7%	1.3%
Current ratio	1.79×	2.04×	1.89×	2.09×	2.71×	2.74×	3.24×	2.72×
Debt / equity	0.73×	0.77×	0.84×	0.81×	0.65×	0.47×	0.4×	364.03×
Interest coverage	-3.6×	1.74×	7.24×	2.14×	7.45×	3.28×	5.52×	0×
Dividend yield	0.0%	0.5%	0.5%	0.5%	0.0%	0.0%	0.9%	1.0%
Payout ratio	0.0%	15.8%	8.0%	56.3%	0.0%	0.0%	19.1%	75152.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-2.0%	2.6%	5.6%	0.8%	2.6%	1.8%	5.6%	1.5%
Return on invested capital	-1.5%	0.9%	2.7%	0.5%	1.7%	1.3%	1.4%	0.0%
Return on assets	-0.9%	1.2%	2.4%	0.4%	1.3%	1.0%	3.3%	0.9%
Free cash flow yield	5.0%	-3.4%	-9.8%	-20.1%	-19.5%	-6.0%	2.1%	-0.0%
Earnings yield	-2.2%	3.1%	6.2%	0.9%	2.5%	1.3%	5.0%	0.0%
Enterprise value	€89.5M	€90.8M	€89.2M	€80.2M	€80.4M	€81.5M	€100.4M	€96.9M
Net debt / EBITDA	2.35×	1.81×	1.55×	2.5×	0.35×	-1.39×	2.61×	3.47×
Cash conversion cycle (days)	29	21	11	18	33	32	38	-47,814