Get Groupe SFPI S.A. (SFPI.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

-415.2%

-€5.64

vs €1.79 price

Levered DCF

€5.48

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

2.07

Grey zone

Rating

A+

Overall 4 / 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	10×	13.25×	152.34×	9.25×	10.06×	9.72×	44.79×	15.43×
P/B	0.6×	0.73×	0.72×	0.82×	1.4×	0.79×	0.84×	1.03×
P/S	0.27×	0.29×	0.26×	0.33×	0.57×	0.34×	0.3×	0.38×
EV / EBITDA	1.86×	-0.04×	2.93×	3.49×	4.2×	2.36×	2.89×	4.33×
Gross margin	4.3%	59.3%	57.1%	6.7%	8.7%	6.9%	6.4%	58.3%
Operating margin	4.1%	2.8%	1.3%	5.1%	7.8%	5.4%	5.4%	5.5%
Net margin	2.7%	2.2%	0.2%	3.5%	5.7%	3.5%	0.7%	2.5%
Current ratio	2.14×	2.06×	1.93×	1.86×	2.13×	2.26×	2.02×	2.01×
Debt / equity	0.25×	0.36×	0.47×	0.49×	0.39×	0.51×	0.52×	0.49×
Interest coverage	8.35×	6.7×	3.68×	16.15×	27.2×	16.73×	16.77×	18.51×
Dividend yield	4.4%	1.4%	2.6%	3.6%	1.7%	0.0%	2.9%	2.5%
Payout ratio	44.4%	19.1%	391.0%	33.7%	17.7%	0.0%	130.2%	38.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	6.0%	5.5%	0.5%	8.8%	13.8%	8.2%	1.9%	6.7%
Return on invested capital	4.8%	3.2%	0.2%	5.0%	8.3%	4.3%	2.6%	5.6%
Return on assets	3.0%	2.6%	0.2%	3.6%	5.9%	3.3%	0.7%	2.6%
Free cash flow yield	19.5%	18.5%	20.3%	1.5%	9.8%	23.5%	14.6%	7.2%
Earnings yield	10.0%	7.5%	0.7%	10.7%	9.9%	10.5%	2.2%	6.5%
Enterprise value	€92.8M	€140.2M	€153.4M	€200.1M	€260.8M	€115.2M	€152.2M	€182.5M
Net debt / EBITDA	-1.47×	0.02×	-0.5×	-0.08×	-1.06×	-1.09×	-0.28×	-0.65×
Cash conversion cycle (days)	90	125	146	118	96	97	99	116