(LOG) Cia de Distribucion Integral - Overview
Sector: Industrials | Industry: Integrated Freight & Logistics | Exchange: MC (Spain) | Market Cap: 4.400m EUR | Total Return: 25.3% in 12m
Avg Turnover: 5.10M
Rev. Trend: 72.9%
Qual. Beats: 1
Warnings
Altman Z'' -0.11 < 1.0 - financial distress zone
Tailwinds
Idiosyncratic Leader
Logista Integral, S.A. (LOG) is a specialized logistics and distribution provider operating across Southern and Central Europe, including Spain, France, Italy, Portugal, and Poland. The company manages an end-to-end supply chain for high-value and regulated goods, such as tobacco, pharmaceuticals, and official documents, while offering temperature-controlled transport and express courier services.
The business model relies on a high-density capillary distribution network, which allows for frequent deliveries to a vast number of small points of sale. In the logistics sector, companies handling regulated products like tobacco often benefit from high barriers to entry due to the complex licensing and security requirements involved in transporting excise-taxed goods.
Investors can evaluate the company’s dividend history and margin stability by exploring the detailed financial datasets available on ValueRay.
Headquartered in Spain and operating as a subsidiary of Altadis S.A., the firm underwent a corporate name change in early 2024 to reflect its integrated service model. Its diversified service portfolio extends beyond physical distribution to include electronic top-ups and e-transaction management for its retail clients.
- Tobacco volume declines offset by inventory valuation gains and tax hikes
- Strategic acquisitions in pharmaceutical and food logistics diversify non-tobacco revenue
- Rising interest rates boost financial income from credit facility with Imperial Brands
- Expansion of temperature-controlled transport network improves high-margin service offerings
- Energy price volatility and labor costs pressure operating margins in transport segments
| Net Income: 399.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.37 > 1.0 |
| NWC/Revenue: -3.52% < 20% (prev -5.65%; Δ 2.13% < -1%) |
| CFO/TA 0.08 > 3% & CFO 601.2m > Net Income 399.9m |
| Net Debt (184.3m) to EBITDA (724.1m): 0.25 < 3 |
| Current Ratio: 0.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (132.1m) vs 12m ago -0.51% < -2% |
| Gross Margin: 9.91% > 18% (prev 0.10%; Δ 980.7% > 0.5%) |
| Asset Turnover: 272.9% > 50% (prev 180.2%; Δ 92.74% > 0%) |
| Interest Coverage Ratio: 39.11 > 6 (EBITDA TTM 724.1m / Interest Expense TTM 13.2m) |
| A: -0.09 (Total Current Assets 6.03b - Total Current Liabilities 6.75b) / Total Assets 7.78b |
| B: 0.02 (Retained Earnings 136.0m / Total Assets 7.78b) |
| C: 0.07 (EBIT TTM 517.7m / Avg Total Assets 7.55b) |
| D: -0.02 (Book Value of Equity -135.5m / Total Liabilities 7.17b) |
| Altman-Z'' = -0.11 = B |
| DSRI: 0.73 (Receivables 3.95b/3.47b, Revenue 20.6b/13.2b) |
| GMI: 1.05 (GM 9.91% / 10.37%) |
| AQI: 0.93 (AQ_t 0.16 / AQ_t-1 0.18) |
| SGI: 1.56 (Revenue 20.6b / 13.2b) |
| TATA: -0.03 (NI 399.9m - CFO 601.2m) / TA 7.78b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of May 28, 2026, the stock is trading at EUR 33.74 with a total of 146,369 shares traded.
Over the past week, the price has changed by +2.43%,
over one month by +2.18%,
over three months by +4.59% and
over the past year by +25.33%.
Cia de Distribucion Integral has no consensus analysts rating.
P/E Trailing = 16.5672
P/E Forward = 11.2486
P/S = 0.3211
P/B = 7.6183
Revenue TTM = 20.6b EUR
EBIT TTM = 517.7m EUR
EBITDA TTM = 724.1m EUR
Long Term Debt = 223.8m EUR (estimated: total debt 295.0m - short term 71.3m)
Short Term Debt = 71.3m EUR (from shortTermDebt, last quarter)
Debt = 295.0m EUR (from shortLongTermDebtTotal, last quarter) (leases 286.8m already included)
Net Debt = 184.3m EUR (calculated: Debt 295.0m - CCE 110.7m)
Enterprise Value = 4.58b EUR (4.40b + Debt 295.0m - CCE 110.7m)
Interest Coverage Ratio = 39.11 (Ebit TTM 517.7m / Interest Expense TTM 13.2m)
EV/FCF = 8.24x (Enterprise Value 4.58b / FCF TTM 556.3m)
FCF Yield = 12.13% (FCF TTM 556.3m / Enterprise Value 4.58b)
FCF Margin = 2.70% (FCF TTM 556.3m / Revenue TTM 20.6b)
Net Margin = 1.94% (Net Income TTM 399.9m / Revenue TTM 20.6b)
Gross Margin = 9.91% ((Revenue TTM 20.6b - Cost of Revenue TTM 18.6b) / Revenue TTM)
Gross Margin QoQ = 3.81% (prev 13.36%)
Tobins Q-Ratio = 0.59 (Enterprise Value 4.58b / Total Assets 7.78b)
Interest Expense / Debt = 4.49% (Interest Expense 13.2m / Debt 295.0m)
Taxrate = 27.14% (50.6m / 186.6m)
NOPAT = 377.2m (EBIT 517.7m * (1 - 27.14%))
Current Ratio = 0.89 (Total Current Assets 6.03b / Total Current Liabilities 6.75b)
Debt / Equity = 0.51 (Debt 295.0m / totalStockholderEquity, last quarter 577.6m)
Debt / EBITDA = 0.25 (Net Debt 184.3m / EBITDA 724.1m)
Debt / FCF = 0.33 (Net Debt 184.3m / FCF TTM 556.3m)
Total Stockholder Equity = 645.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 5.29% (Net Income 399.9m / Total Assets 7.78b)
RoE = 61.92% (Net Income TTM 399.9m / Total Stockholder Equity 645.8m)
RoCE = 59.54% (EBIT 517.7m / Capital Employed (Equity 645.8m + L.T.Debt 223.8m))
RoIC = 34.38% (NOPAT 377.2m / Invested Capital 1.10b)
WACC = 5.61% (E(4.40b)/V(4.70b) * Re(5.77%) + D(295.0m)/V(4.70b) * Rd(4.49%) * (1-Tc(0.27)))
Discount Rate = 5.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.33 | Cagr: -0.22%
[DCF] Terminal Value 77.97% ; FCFF base≈473.9m ; Y1≈543.2m ; Y5≈799.5m
[DCF] Fair Price = 89.65 (EV 12.0b - Net Debt 184.3m = Equity 11.8b / Shares 132.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 72.89 | Revenue CAGR: 14.05% | SUE: 1.48 | # QB: 1
EPS current Year (2026-09-30): EPS=2.31 | Chg30d=-3.20% | Revisions=+20% | GrowthEPS=-10.3% | GrowthRev=+1.1%
EPS next Year (2027-09-30): EPS=2.33 | Chg30d=-0.70% | Revisions=-20% | GrowthEPS=+0.6% | GrowthRev=+1.6%
[Analyst] Revisions Ratio: +20%