Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
SON.LSthis companySonae SGPS S.A.	€2.25	16.1×	1.01×	0.28×	0.57×	2247.1%	8.7%	3.8%	1.8%	6.3%	4.3%	20.4%	1.19×	0.28×	2.33×	0.75×	5.2%	7	1.53	4	A-
IBS.LSIbersol, S.G.P.S., S.A.	€10.64	26.76×	1.27×	0.76×	4.26×	486.2%	48.6%	5.8%	2.9%	4.8%	5.0%	22.5%	0.91×	1.27×	1.8×	1.06×	7.1%	7	1.5	3	B
JMT.LSJerónimo Martins, SGPS, S.A.	€19.52	19.67×	3.87×	0.35×	6.54×	39.9%	17.5%	3.6%	1.8%	19.7%	10.3%	10.4%	1.69×	1.35×	3.51×	0.62×	2.9%	6	2.94	3	B+
NBA.LSNovabase S.G.P.S., S.A.	€7.16	58.33×	6.35×	2.57×	20.01×	23.0%	8.6%	9.2%	4.4%	10.9%	11.3%	1.9%	0.31×	-1×	12.26×	1.71×	14.8%	6	3.82	3	B
NOS.LSNos, S.g.p.s., S.a.	€5.46	8.35×	1.85×	1.13×	4.57×	235.2%	27.1%	16.9%	13.5%	22.0%	9.9%	28.0%	1.5×	2.04×	4.39×	0.6×	9.9%	6	1.64	4	A-
SNC.LSSonaecom, S.G.P.S., S.A.	€2.82	16.47×	0.65×	51.09×	-50.23×	-78.4%	-73.9%	-91.9%	302.3%	3.9%	-1.1%	10.3%	0×	15.48×	-106.26×	14.7×	1.0%	5	12.42	4	A
Peer median	—	19.67×	1.85×	1.13×	4.57×	39.9%	17.5%	5.8%	4.4%	10.9%	9.9%	10.4%	0.91×	1.35×	3.51×	1.06×	7.1%	6	2.94	3	—