Stellantis N.V. (STLA) 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

-134.5%

-$1.64

vs $4.74 price

Levered DCF

$4.48

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

0.98

Distress zone

Rating

B-

Overall 3 / 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	-1.2×	6.78×	3.53×	2.48×	3.56×	10.5×	7.57×	5.48×
P/B	0.5×	0.46×	0.8×	0.58×	0.9×	0.89×	0.72×	0.79×
P/S	0.17×	0.24×	0.35×	0.23×	0.34×	0.26×	0.19×	0.18×
EV / EBITDA	-2.79×	3.18×	1.68×	0.8×	1.58×	2.4×	1.77×	2×
Gross margin	-2.7%	11.7%	19.0%	18.6%	18.7%	9.9%	13.9%	13.9%
Operating margin	-14.5%	3.5%	12.1%	11.7%	10.6%	3.8%	4.8%	4.8%
Net margin	-14.6%	3.5%	9.8%	9.4%	9.5%	2.5%	2.5%	3.3%
Current ratio	1.02×	1.09×	1.24×	1.27×	1.15×	1.26×	1.02×	1.06×
Debt / equity	0.86×	0.46×	0.36×	0.38×	0.6×	0.82×	0.45×	0.59×
Interest coverage	-17.48×	4.14×	20.39×	20.63×	26.39×	17.03×	5.54×	5.51×
Dividend yield	8.6%	12.5%	6.4%	8.1%	8.3%	3.9%	14.9%	0.0%
Payout ratio	-10.3%	85.0%	22.6%	20.0%	29.6%	40.7%	113.2%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-41.8%	6.7%	22.8%	23.3%	25.4%	8.4%	9.5%	14.6%
Return on invested capital	-14.3%	3.8%	13.9%	14.3%	11.8%	3.7%	5.1%	6.4%
Return on assets	-11.5%	2.6%	9.2%	9.0%	8.3%	2.2%	2.8%	3.7%
Free cash flow yield	-60.5%	-19.0%	18.7%	26.3%	16.9%	2.6%	10.1%	23.3%
Earnings yield	-83.6%	14.7%	28.4%	40.3%	28.1%	9.5%	13.2%	18.5%
Enterprise value	$42.6B	$40.3B	$51.4B	$22.4B	$34.4B	$20.1B	$18.4B	$21.6B
Net debt / EBITDA	-1.04×	0.25×	-0.47×	-0.69×	-0.74×	-0.33×	-0.2×	0.19×
Cash conversion cycle (days)	34	20	7	-12	-30	-83	-33	-18