Sopra Steria Group S.A. (SOP.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

+174.7%

€525.29

vs €191.20 price

Levered DCF

€418.60

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.84

Grey zone

Rating

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	10.15×	13.72×	21.78×	11.55×	16.99×	25.09×	18.12×	13.01×
P/B	1.44×	1.79×	2.13×	1.55×	1.94×	1.92×	2.12×	1.26×
P/S	0.53×	0.6×	0.69×	0.56×	0.68×	0.63×	0.65×	0.4×
EV / EBITDA	5.42×	5.77×	8.67×	6.31×	7.61×	8.14×	8.03×	6.83×
Gross margin	17.3%	29.0%	14.7%	15.3%	14.2%	13.6%	15.5%	12.8%
Operating margin	8.6%	8.0%	5.7%	7.4%	6.9%	6.0%	6.9%	6.1%
Net margin	5.3%	4.3%	3.2%	4.9%	4.0%	2.5%	3.6%	3.1%
Current ratio	0.93×	0.9×	0.76×	0.89×	0.89×	0.96×	0.89×	0.85×
Debt / equity	0.57×	0.64×	0.87×	0.49×	0.55×	0.71×	0.77×	0.61×
Interest coverage	11.09×	7.05×	8.46×	20.74×	17.06×	13.24×	13.21×	15.16×
Dividend yield	3.0%	2.7%	2.2%	2.3%	1.3%	0.0%	1.3%	3.0%
Payout ratio	30.4%	37.4%	47.6%	26.2%	21.7%	0.0%	23.5%	38.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	14.2%	13.0%	9.8%	13.4%	11.4%	7.6%	11.7%	9.7%
Return on invested capital	10.1%	9.9%	5.2%	9.2%	7.1%	5.5%	6.7%	6.1%
Return on assets	5.2%	4.4%	3.0%	5.0%	3.9%	2.4%	3.5%	3.1%
Free cash flow yield	16.3%	16.9%	13.1%	14.0%	12.7%	12.6%	12.6%	10.3%
Earnings yield	9.9%	7.3%	4.6%	8.7%	5.9%	4.0%	5.5%	7.7%
Enterprise value	€3.7B	€4.3B	€5.4B	€3.4B	€3.9B	€3.4B	€3.8B	€2.2B
Net debt / EBITDA	0.99×	1.1×	2.3×	1.01×	1.36×	1.77×	1.83×	1.89×
Cash conversion cycle (days)	77	55	87	56	79	58	62	69