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)
UMG.ASthis companyUniversal Music Group N.V.	€17.14	26.46×	8.97×	3.26×	17.05×	92.5%	38.9%	17.1%	12.3%	33.7%	14.5%	3.9%	0.75×	1.3×	9.19×	0.63×	2.3%	5	-0.14	2	C+
SPOTSpotify Technology S.A.	$594.87	45.89×	12.19×	5.91×	41.67×	-55.6%	32.0%	12.8%	12.9%	26.6%	20.9%	2.8%	0.23×	-1.4×	70.9×	1.72×	0.0%	8	12.74	3	B+
TIGOMillicom International Cellular S.A.	$84.29	7.05×	2.56×	1.6×	6.1×	89.7%	77.5%	28.2%	22.6%	36.2%	9.3%	12.7%	2.6×	2.79×	2.33×	0.88×	8.1%	4	1.07	3	B
CRTOCriteo S.A.	$16.61	7.55×	0.94×	0.55×	2.64×	1954.6%	54.0%	10.4%	7.4%	12.6%	10.6%	19.4%	0.13×	-0.57×	116.21×	1.27×	0.0%	7	2.24	4	A
TGEGeneration Essentials Group	$0.39	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
NIPGNIP Group Inc.	$3.90	-0.17×	0.45×	0.32×	-0.36×	-130302.2%	-1.2%	-46.5%	-187.7%	-268.9%	-34.7%	-42.3%	0.6×	-0.19×	-26.27×	0.87×	0.0%	3	-2.91	1	C-
Peer median	—	7.3×	1.75×	1.08×	4.37×	17.1%	43.0%	11.6%	10.2%	19.6%	9.9%	7.8%	0.42×	-0.38×	36.62×	1.07×	0.0%	6	1.65	3	—