Search companies

Find a company by ticker or name

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
+94.9%
€50.68
vs €26.00 price
Levered DCF
€43.88
After debt service
Piotroski score
7 / 9
Strong
Altman Z-score
10.57
Safe zone
Rating
B+
Overall 3 / 5
Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
P/E9.53×7.35×10.39×10.48×11.77×7.22×10.45×32.98×
P/B1.21×1.29×1.58×1.86×9.14×3.45×4.76×7.1×
P/S3.35×3.16×3.52×3.54×5.52×3.43×5.57×7.29×
EV / EBITDA2.01×2.11×3.19×3.39×15.88×4.62×11.66×18.23×
Gross margin76.9%76.7%58.2%68.4%38.0%44.0%72.5%52.0%
Operating margin43.0%49.9%42.9%51.4%73.3%71.5%39.1%34.4%
Net margin35.1%43.0%33.9%33.8%31.1%30.6%53.5%22.2%
Current ratio33.79×31.89×31.99×7.47×7.46×6.2×8.09×3.75×
Debt / equity0×0×0×0×0×0×0×0×
Interest coverage0×0×697.1×71.38×119.2×0×36.82×24.67×
Dividend yield9.1%7.8%6.9%6.1%1.1%1.6%2.5%3.7%
Payout ratio86.9%57.5%71.6%63.9%20.3%17.8%25.7%120.7%
Key metrics by fiscal year
MetricFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Return on equity12.6%17.5%15.2%17.8%51.4%30.8%45.6%21.6%
Return on invested capital10.7%14.0%12.5%18.5%43.5%45.7%11.5%18.8%
Return on assets11.4%15.8%13.6%14.6%40.5%40.7%34.4%14.7%
Free cash flow yield11.4%10.5%0.9%14.1%6.7%1.7%8.4%3.8%
Earnings yield10.5%13.6%9.6%9.6%5.6%8.9%9.6%3.0%
Enterprise value€49.7M€66.4M€98.4M€115.8M€590.9M€245.8M€94.9M€99.9M
Net debt / EBITDA-5×-4.15×-4.06×-4.01×-2.27×-0.45×-2.3×-2.17×
Cash conversion cycle (days)-87-63-17-36-3722161-49