Selectirente (SELER.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

-0.8%

€78.90

vs €79.50 price

Levered DCF

-€29.57

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.88

Distress zone

Rating

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	12.67×	12.24×	29.34×	31.37×	23.23×	34.73×	17.08×	34.26×
P/B	0.9×	0.94×	1.05×	1.11×	1.08×	1.26×	0.49×	1.97×
P/S	9.6×	9.83×	10.66×	12.35×	14.96×	18.4×	9.03×	9.52×
EV / EBITDA	15.79×	22.13×	17.63×	20.18×	21.13×	23.05×	5.4×	19.31×
Gross margin	69.2%	100.0%	71.0%	77.4%	76.2%	77.7%	86.8%	85.7%
Operating margin	74.4%	89.5%	48.0%	66.0%	68.5%	60.7%	48.1%	47.0%
Net margin	75.7%	80.3%	36.3%	39.3%	79.6%	52.9%	52.9%	27.8%
Current ratio	9.79×	0.34×	1.84×	3.2×	1.95×	11.34×	10.63×	0.4×
Debt / equity	0.59×	0.53×	0.59×	0.67×	0.44×	0.48×	0.44×	1.38×
Interest coverage	3.52×	2.92×	3.37×	4.6×	7.36×	0×	3.54×	2.85×
Dividend yield	5.5%	5.2%	4.5%	3.9%	3.8%	3.8%	3.5%	3.4%
Payout ratio	69.7%	64.1%	132.1%	123.2%	70.8%	133.8%	60.4%	115.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.1%	7.7%	3.6%	3.5%	5.7%	3.6%	2.9%	5.7%
Return on invested capital	4.1%	5.3%	2.8%	3.8%	3.6%	2.7%	1.8%	4.0%
Return on assets	4.3%	4.8%	2.2%	2.3%	4.3%	2.4%	2.0%	2.3%
Free cash flow yield	5.0%	6.6%	6.9%	-21.9%	-20.2%	-23.9%	-45.0%	-2.1%
Earnings yield	7.9%	8.2%	3.4%	3.2%	5.3%	2.9%	5.9%	2.9%
Enterprise value	€533.1M	€539.5M	€597M	€654.9M	€532.8M	€425.8M	€86M	€239.3M
Net debt / EBITDA	5.68×	7.78×	6.18×	7.2×	5.42×	2.52×	-4.01×	7.72×
Cash conversion cycle (days)	66	102	114	137	49	-85	-119	-46