Solmate Infrastructure PLC (SLMT) 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

-240.9%

-$4.06

vs $2.88 price

Levered DCF

-$17.79

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-14.7

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
P/E	-0.36×	-56.37×	-54.76×	-1,364.06×	-18,509.64×	657,287.33×
P/B	0.92×	68.04×	93.87×	-12,751.04×	-6,348.94×	-9,805.61×
P/S	30.3×	93.8×	206.77×	10,301.91×	3,835.37×	7,502.85×
EV / EBITDA	-0.4×	-61.5×	-54.27×	-1,486.45×	116,390.1×	108,387.26×
Gross margin	73.8%	92.3%	91.2%	44.4%	73.7%	63.9%
Operating margin	-6746.5%	-192.5%	-468.1%	-755.3%	-1.7%	-4.3%
Net margin	-8388.2%	-153.4%	-386.8%	-755.4%	-20.7%	1.2%
Current ratio	3.5×	0.7×	0.66×	0.81×	0.41×	0.49×
Debt / equity	0.02×	0.3×	0.45×	-2.51×	-1.65×	-0.18×
Interest coverage	-1,321.02×	-76.51×	-1,372.3×	-245.94×	-2.63×	-8.56×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-254.5%	-111.3%	-175.6%	935.0%	34.3%	-1.5%
Return on invested capital	-196.0%	-86.3%	-124.9%	-619.2%	-4.3%	1.6%
Return on assets	-219.9%	-43.8%	-52.3%	-109.0%	-14.6%	1.5%
Free cash flow yield	-7.9%	-1.2%	-1.1%	-0.1%	0.0%	0.0%
Earnings yield	-276.8%	-1.6%	-1.9%	-0.1%	-0.0%	0.0%
Enterprise value	$117M	$270.4M	$236.1M	$1.7B	$1.6B	$1.5B
Net debt / EBITDA	0.05×	0.07×	0.27×	0.02×	28.24×	-1.86×
Cash conversion cycle (days)	-1,019	-5,452	-13,083	-2,547	-261	39