Sporting Clube de Portugal - Futebol, SAD (SCP.LS) 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

+1518.5%

€15.38

vs €0.95 price

Levered DCF

-€58.18

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.21

Distress zone

Rating

D+

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	5.74×	9.59×	14.72×	4.53×	2.24×	-1.59×	4.29×	-6.25×
P/B	2.61×	4.69×	8.47×	13.03×	-10.27×	-1.26×	-16.63×	-2.13×
P/S	1.05×	1.3×	2.07×	1.5×	2.3×	0.92×	2.94×	0.82×
EV / EBITDA	19.02×	3.24×	4.31×	2.97×	4.72×	173.88×	5.26×	6.45×
Gross margin	-12.5%	78.6%	67.2%	146.1%	55.1%	91.9%	52.7%	56.8%
Operating margin	-23.3%	30.7%	17.0%	52.3%	49.1%	-42.9%	48.6%	6.6%
Net margin	18.5%	13.5%	14.1%	32.5%	34.4%	-57.7%	22.4%	-12.8%
Current ratio	1.38×	0.62×	0.53×	0.47×	0.4×	0.24×	0.45×	0.33×
Debt / equity	4.4×	3.92×	7.61×	16.53×	-10.2×	-3.33×	-13.73×	-6.34×
Interest coverage	-2.17×	1.73×	0.81×	2.46×	2.68×	-2.43×	2.11×	0.49×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	46.0%	48.9%	57.6%	283.2%	-153.4%	79.6%	-126.5%	33.4%
Return on invested capital	-7.8%	15.9%	5.9%	17.2%	16.0%	-14.9%	15.0%	2.0%
Return on assets	4.8%	4.8%	3.2%	7.9%	7.8%	-12.2%	4.3%	-2.6%
Free cash flow yield	-20.1%	-70.9%	-61.2%	-96.7%	-63.9%	-96.4%	-55.7%	-180.4%
Earnings yield	17.6%	10.4%	6.8%	21.7%	14.9%	-63.1%	7.6%	-15.7%
Enterprise value	€411.3M	€336.7M	€330.5M	€255.1M	€329.3M	€181.2M	€285.7M	€196.5M
Net debt / EBITDA	9.91×	1.39×	1.99×	1.62×	2.32×	123.73×	2.23×	4.8×
Cash conversion cycle (days)	33	-886	-949	-272	-507	-624	-439	-411