Singular People, S.A. (SNG.MC) 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

+272.3%

€6.29

vs €1.69 price

Levered DCF

€1.60

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.79

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	15.69×	19.8×	24.29×	21.94×	29.17×	46.61×	62.59×	79.03×
P/B	2.13×	2.19×	4.01×	5.13×	5.57×	18.04×	26.19×	38.4×
P/S	0.93×	1×	1.74×	2.19×	3.15×	4.24×	4.66×	6.76×
EV / EBITDA	9.61×	10.82×	14.78×	13.88×	18.41×	30.59×	40.46×	53.63×
Gross margin	89.7%	90.1%	22.4%	96.0%	98.6%	95.8%	95.0%	93.1%
Operating margin	5.6%	7.8%	9.4%	12.7%	13.6%	11.9%	10.5%	11.0%
Net margin	5.1%	5.1%	7.1%	10.2%	11.0%	9.1%	7.4%	8.6%
Current ratio	1.37×	1.6×	1.91×	1.92×	3.01×	2.13×	1.83×	1.18×
Debt / equity	0.44×	0.39×	0.26×	0.39×	0.25×	0.79×	0.66×	0.92×
Interest coverage	9.69×	13.14×	16.84×	27.76×	59.68×	56.88×	37.25×	35.27×
Dividend yield	1.5%	2.0%	1.2%	0.0%	0.0%	0.3%	0.0%	0.0%
Payout ratio	26.7%	39.2%	29.5%	0.0%	0.0%	16.1%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.7%	11.3%	16.3%	23.8%	19.4%	38.7%	41.8%	48.6%
Return on invested capital	6.2%	9.4%	13.4%	16.2%	15.7%	21.4%	27.5%	25.0%
Return on assets	6.4%	6.6%	10.3%	13.4%	12.5%	18.5%	19.2%	19.5%
Free cash flow yield	3.2%	5.6%	3.5%	-3.0%	1.8%	-0.6%	1.1%	-0.4%
Earnings yield	5.5%	5.1%	4.1%	4.6%	3.5%	2.1%	1.6%	1.3%
Enterprise value	€125.6M	€119.3M	€187.2M	€217.9M	€175M	€197.8M	€196.5M	€196.5M
Net debt / EBITDA	1.21×	1.15×	0.58×	0.57×	-1.21×	0.77×	0.76×	1×
Cash conversion cycle (days)	48	-247	91	38	3	-507	-543	-397