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 $1.83B, above the global median of $1.15B
- FinancialsAltman Z-Score 0.69: 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
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.79%Below 5Y avg (3.95%)
Annual Rate
EUR 0.12Paid annual
Payout Ratio
31.6%Sustainable
Payback Period
36.0 yr
Next 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
1.57BEUR1.83B · vs all stocks (USD)
Trailing P/E
7.46xRevenue (TTM)
84.77MEUR98.97M · vs all stocks (USD)
Profit Margin
85.33%Beta
0.7930xvs all stocks
52-Week Change
22.84%vs all stocks
Market Capitalization
1.57BEUR1.83B · vs all stocks (USD)
Enterprise Value
2.46BEUR2.87B · vs all stocks (USD)
Trailing P/E
7.46xForward P/E
12.91xPrice to Sales (TTM)
18.51xPrice to Book (MRQ)
0.6547xEnterprise to Revenue
29.02xEnterprise to EBITDA
31.41xGross 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)
84.77MEUR98.97M · vs all stocks (USD)
Revenue per Share (TTM)
0.3660EURUpdated Aug 21, 2026Quarterly Revenue Growth
19.10%Gross Profit (TTM)
84.77MEUR98.97M · vs all stocks (USD)
EBITDA (TTM)
329.00MEUR384.12M · vs all stocks (USD)
Net Income (TTM)
72.33MEUR84.45M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
23.80%Operating Cash Flow (TTM)
28.38MEUR33.13M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
17.90MEUR20.89M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.1207EURUpdated Aug 21, 2026Trailing Annual Dividend Yield
2.79%vs all stocks
5-Year Average Dividend Yield
3.95%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
179.31MEUR209.35M · 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 Aug 21, 2026Float Shares
156.01MSharesUpdated Aug 21, 2026% Held by Insiders
51.12%vs all stocks
% Held by Institutions
16.07%vs all stocks
Total Cash (MRQ)
210.66MEUR245.96M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.9090EURUpdated Aug 21, 2026Total Debt (MRQ)
1.62BEUR1.89B · vs all stocks (USD)
Total Debt to Equity (MRQ)
1.03xCurrent Ratio (MRQ)
0.9000xBook Value per Share (MRQ)
6.61EURUpdated Aug 21, 2026Total Assets
4.89BEUR5.71B · 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
1.53BEUR1.79B · vs all stocks (USD)
52-Week Low
2.75EURUpdated Aug 21, 202652-Week High
4.92EURUpdated Aug 21, 202652-Week Change
22.84%vs all stocks
Beta
0.7930xvs all stocks
50-Day MA
4.48EURUpdated Aug 21, 2026200-Day MA
3.42EURUpdated Aug 21, 2026Avg 10-Day Volume
202.38KSharesUpdated Aug 21, 2026Avg 30-Day Volume
416.58KSharesUpdated Aug 21, 2026Diluted EPS (TTM)
0.5800EURUpdated Aug 21, 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): 84,452,838.36Operating Cash Flow (USD, TTM): 33,130,115.04
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 0.69: distress zoneCritical
Altman Z-Score: 0.69
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 $1.83B, above the global median of $1.15BNotable
Market cap (USD): 1,832,322,859.216Global Median: 1,146,734,693.424
Levered free cash flow is $20.89M, above the global median of $16.24MNotable
Levered free cash flow (USD): 20,894,151.065Global Median: 16,239,329.704
Companies that share the same coordination system — how they create, deliver, or capture value.
Sienna Senior Living Inc.
Tier 1RuleThroughput-Bound ConversionProductionFlow
Clariane SE
Tier 1RuleThroughput-Bound ConversionProductionFlow
Select Medical Holdings Corp.
Tier 1RuleThroughput-Bound ConversionProductionRisk
Addus HomeCare Corporation
Tier 1RuleThroughput-Bound ConversionProductionFlow
Realord Group Holdings Ltd.
Tier 1RuleThroughput-Bound ConversionFlowInterface
Pediatrix Medical Group, Inc.
Tier 1RuleThroughput-Bound ConversionProductionFlow
InnovAge Holding Corp.
Tier 1RuleThroughput-Bound ConversionFlowProduction
P3 Health Partners Inc.
Tier 1RuleThroughput-Bound ConversionRiskFlow
Chorus Limited
Tier 1RuleThroughput-Bound ConversionFlowProduction
Orpea
Tier 1RuleThroughput-Bound ConversionProductionFlow