CompanyGraph
What stands out
- Earnings significantly exceed cash generation
- Most companies in its industry are production businesses; this one is a rule-setting business
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleMarket cap is $1.84B, above the global median of $1.18B
- FinancialsAltman Z-Score 0.7: distress zone
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are production businesses; this one is a rule-setting business
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
0.45%Below 5Y avg (3.93%)
Annual Rate
EUR 0.02Paid annual
Payout Ratio
31.6%Sustainable
Last Ex-Dividend
Aug 28, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
1.61BEUR1.84B · vs all stocks (USD)
Trailing P/E
7.61xRevenue (TTM)
84.77MEUR97.12M · vs all stocks (USD)
Profit Margin
85.33%Beta
0.7920xvs all stocks
52-Week Change
30.87%vs all stocks
Market Capitalization
1.61BEUR1.84B · vs all stocks (USD)
Enterprise Value
2.49BEUR2.85B · vs all stocks (USD)
Trailing P/E
7.61xForward P/E
13.18xPrice to Sales (TTM)
18.90xPrice to Book (MRQ)
0.6683xEnterprise to Revenue
29.33xEnterprise to EBITDA
31.75xGross Margin
99.82%Profit Margin
85.33%Operating Margin
50.97%Return on Assets (TTM)
1.06%Return on Equity (TTM)
4.86%Revenue (TTM)
84.77MEUR97.12M · vs all stocks (USD)
Revenue per Share (TTM)
0.3660EURUpdated Sep 23, 2026Quarterly Revenue Growth
19.10%Gross Profit (TTM)
84.77MEUR97.12M · vs all stocks (USD)
EBITDA (TTM)
329.00MEUR376.96M · vs all stocks (USD)
Net Income (TTM)
72.33MEUR82.88M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
23.80%Operating Cash Flow (TTM)
28.38MEUR32.51M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
17.90MEUR20.50M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.0198EURUpdated Sep 23, 2026Trailing Annual Dividend Yield
0.45%vs all stocks
5-Year Average Dividend Yield
3.93%vs all stocks
Payout Ratio
31.65%Minority Interest (Equity)
45.73MEURFY2025 · Dec 31, 2025Revenue
456.60MEURFY2025 · Dec 31, 2025Cost of Goods Sold
11.01MEURFY2025 · Dec 31, 2025Gross Profit
445.59MEURFY2025 · Dec 31, 2025Operating Income
179.31MEUR205.44M · vs all stocks (USD)
Pre-tax Income
170.69MEURFY2025 · Dec 31, 2025Income Tax Expense
40.57MEURFY2025 · Dec 31, 2025Net Income
130.12MEURFY2025 · Dec 31, 2025EBIT
185.42MEURFY2025 · Dec 31, 2025EBITDA (Income Statement)
329.00MEURFY2025 · Dec 31, 2025Selling, General & Administrative
33.66MEURFY2025 · Dec 31, 2025Other Operating Expenses
47.52MEURFY2025 · Dec 31, 2025Non-operating Interest Income
3.71MEURFY2025 · Dec 31, 2025Non-operating Interest Expense
14.73MEURFY2025 · Dec 31, 2025EPS (Basic)
0.5389EURFY2025 · Dec 31, 2025EPS (Diluted)
0.5389EURFY2025 · Dec 31, 2025Minority Interests (P&L)
-5.22MEURFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00EURFY2025 · Dec 31, 2025Operating Cash Flow
94.11MEURFY2025 · Dec 31, 2025Free Cash Flow
-528.68MEURFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
224.52MEURFY2025 · Dec 31, 2025Starting Profit (CF Statement)
170.69MEURFY2025 · Dec 31, 2025Other Non-cash Items
10.40MEURFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-87.23MEURFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
252.00KEURFY2025 · Dec 31, 2025Capital Expenditures
-622.79MEURFY2025 · Dec 31, 2025Net Acquisitions
0.00EURFY2025 · Dec 31, 2025Other Investing Activity
100.35MEURFY2025 · Dec 31, 2025Net Investing Cash Flow
-522.44MEURFY2025 · Dec 31, 2025Long-term Debt Issuance
460.00MEURFY2025 · Dec 31, 2025Long-term Debt Payments
-138.33MEURFY2025 · Dec 31, 2025Common Dividends Paid
-73.64MEURFY2025 · Dec 31, 2025Other Financing Charges
62.00MEURFY2025 · Dec 31, 2025Net Financing Cash Flow
310.03MEURFY2025 · Dec 31, 2025Shares Outstanding
231.78MSharesUpdated Sep 23, 2026Float Shares
156.01MSharesUpdated Sep 23, 2026% Held by Insiders
51.12%vs all stocks
% Held by Institutions
17.68%vs all stocks
Total Cash (MRQ)
210.66MEUR241.37M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.9090EURUpdated Sep 23, 2026Total Debt (MRQ)
1.62BEUR1.86B · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.03xCurrent Ratio (MRQ)
0.9000xBook Value per Share (MRQ)
6.61EURUpdated Sep 23, 2026Total Assets
4.89BEUR5.60B · vs all stocks (USD)
Total Current Assets
420.18MEURFY2025 · Dec 31, 2025Total Liabilities
3.36BEURFY2025 · Dec 31, 2025Total Non-current Assets
4.47BEURFY2025 · Dec 31, 2025Total Non-current Liabilities
2.74BEURFY2025 · Dec 31, 2025Total Current Liabilities
616.66MEURFY2025 · Dec 31, 2025Cash
204.52MEURFY2025 · Dec 31, 2025Cash Equivalents
20.00MEURFY2025 · Dec 31, 2025Cash & Cash Equivalents
224.52MEURFY2025 · Dec 31, 2025Other Short-term Investments
2.13MEURFY2025 · Dec 31, 2025Accounts Receivable
63.25MEURFY2025 · Dec 31, 2025Inventory
16.11MEURFY2025 · Dec 31, 2025Accounts Payable
143.00MEURFY2025 · Dec 31, 2025Short-term Debt
238.29MEURFY2025 · Dec 31, 2025Other Current Liabilities
15.00MEURFY2025 · Dec 31, 2025Long-term Debt
1.36BEURFY2025 · Dec 31, 2025Other Non-current Liabilities
1.42MEURFY2025 · Dec 31, 2025Common Stock (Book)
38.44MEURFY2025 · Dec 31, 2025Retained Earnings
845.59MEURFY2025 · Dec 31, 2025Total Shareholders' Equity
1.53BEUR1.75B · vs all stocks (USD)
52-Week Low
2.75EURUpdated Sep 23, 202652-Week High
4.92EURUpdated Sep 23, 202652-Week Change
30.87%vs all stocks
Beta
0.7920xvs all stocks
50-Day MA
4.44EURUpdated Sep 23, 2026200-Day MA
3.59EURUpdated Sep 23, 2026Avg 10-Day Volume
948.43KSharesUpdated Sep 23, 2026Avg 30-Day Volume
562.91KSharesUpdated Sep 23, 2026Diluted EPS (TTM)
0.5800EURUpdated Sep 23, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 82,877,403.84Operating Cash Flow (USD, TTM): 32,512,085.76
Most companies in its industry are production businesses; this one is a rule-setting businessSignificant
Industry peers: 45.00Share on the common pattern %: 98.00
Financial Health
Altman Z-Score 0.7: distress zoneCritical
Altman Z-Score: 0.70
High earnings qualityNotable
Earnings Quality Score: 0.89
High structural barrier to entryNotable
Barrier to Entry: 0.64
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Market cap is $1.84B, above the global median of $1.18BNotable
Market cap (USD): 1,841,795,900.018Global Median: 1,180,223,658.953
Levered free cash flow is $20.5M, above the global median of $18.73MNotable
Levered free cash flow (USD): 20,504,378.886Global Median: 18,729,043.027
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