FamiCord AG (V3V.DE) 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

-1581.0%

-€42.21

vs €2.85 price

Levered DCF

-€1.53

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.11

Distress zone

Rating

D+

Overall 1 / 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	-16.67×	-5.89×	-43.17×	-4.52×	-22.39×	35.86×	38.64×	54.75×
P/B	14.7×	5.08×	3.49×	7.5×	2.03×	1.74×	1.73×	1.52×
P/S	1.19×	0.87×	1.07×	1.8×	3.07×	2.56×	2.58×	2.19×
EV / EBITDA	24.43×	-165×	14.88×	-7.4×	109.38×	9.25×	9.49×	10.89×
Gross margin	50.9%	25.1%	36.6%	4.0%	43.8%	58.1%	62.3%	58.7%
Operating margin	-4.0%	-11.3%	-4.0%	-37.7%	-10.3%	11.9%	16.2%	12.9%
Net margin	-7.1%	-14.8%	-2.4%	-39.7%	-13.8%	7.2%	6.7%	4.1%
Current ratio	0.66×	0.73×	0.75×	0.6×	0.88×	1.85×	1.53×	1.44×
Debt / equity	3.3×	1.28×	0.92×	1.71×	0.75×	0.18×	0.24×	0.24×
Interest coverage	-2.37×	-6.76×	-1.81×	-18.54×	-5.34×	13.01×	142.7×	10.7×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.3%	1.5%
Payout ratio	-0.0%	-0.0%	-0.4%	0.0%	0.0%	0.0%	48.6%	78.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-88.6%	-85.9%	-7.9%	-166.0%	-9.1%	4.9%	4.5%	2.8%
Return on invested capital	-3.0%	-9.0%	-1.3%	-25.4%	-2.3%	3.0%	2.6%	2.3%
Return on assets	-3.7%	-7.9%	-1.2%	-18.1%	-2.2%	2.5%	2.2%	1.4%
Free cash flow yield	-0.2%	7.6%	6.2%	-8.8%	0.5%	6.5%	10.5%	8.5%
Earnings yield	-6.0%	-16.9%	-2.3%	-22.1%	-4.5%	2.8%	2.6%	1.9%
Enterprise value	€116.2M	€73.1M	€86.4M	€135.7M	€86.5M	€46.3M	€50.4M	€44.9M
Net debt / EBITDA	2.44×	-2.88×	0.72×	-0.65×	-1.08×	-1.02×	-0.34×	0.04×
Cash conversion cycle (days)	65	56	32	75	92	17	7	26