(DBG) Derichebourg - Overview
Sector: Industrials | Industry: Waste Management | Exchange: PA (France) | Market Cap: 1.517m EUR | Total Return: 51% in 12m
Avg Turnover: 1.62M
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader, Confidence
Derichebourg SA is a France-based provider of environmental and municipal services, specializing in the circular economy through waste recovery and urban management. The company manages the full lifecycle of industrial and consumer waste, including the collection, recycling, and reuse of end-of-life capital goods and metallic scrap.
The business operates within the Environmental & Facilities Services sector, where revenue is often driven by multi-year municipal contracts and the volatility of secondary raw material prices. In addition to waste management, the company maintains a significant footprint in water utility services, covering the distribution of drinking water and the treatment of wastewater for local authorities.
Analyzing the historical correlation between scrap metal pricing and the companys margins on ValueRay can provide deeper insight into its cyclical performance.
Founded in 1956 and headquartered in Paris, Derichebourg functions as a key intermediary in the industrial supply chain by converting waste streams into production-ready materials. This model relies on high-volume processing infrastructure to achieve operational efficiency in competitive recycling markets.
- Global steel demand volatility impacts recycled metal sales and margins
- Fluctuating ferrous and non-ferrous scrap prices dictate quarterly revenue performance
- European environmental regulations increase operational costs for waste processing facilities
- Municipal sanitation contract renewals determine long-term recurring service revenue stability
- Energy price inflation raises costs for industrial waste collection and processing operations
| Net Income: 196.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 3.80 > 1.0 |
| NWC/Revenue: 0.98% < 20% (prev 0.41%; Δ 0.56% < -1%) |
| CFO/TA 0.19 > 3% & CFO 487.6m > Net Income 196.8m |
| Net Debt (966.8m) to EBITDA (655.7m): 1.47 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (159.2m) vs 12m ago -0.12% < -2% |
| Gross Margin: 5.44% > 18% (prev 0.09%; Δ 535.1% > 0.5%) |
| Asset Turnover: 269.5% > 50% (prev 280.8%; Δ -11.35% > 0%) |
| Interest Coverage Ratio: 4.39 > 6 (EBITDA TTM 655.7m / Interest Expense TTM 76.5m) |
| A: 0.03 (Total Current Assets 721.5m - Total Current Liabilities 653.7m) / Total Assets 2.57b |
| B: 0.05 (Retained Earnings 122.0m / Total Assets 2.57b) |
| C: 0.13 (EBIT TTM 335.7m / Avg Total Assets 2.58b) |
| D: 0.11 (Book Value of Equity 161.8m / Total Liabilities 1.44b) |
| Altman-Z'' = 1.32 = BB |
| DSRI: 0.77 (Receivables 288.2m/391.5m, Revenue 6.94b/7.26b) |
| GMI: 1.63 (GM 5.44% / 8.86%) |
| AQI: 1.01 (AQ_t 0.28 / AQ_t-1 0.28) |
| SGI: 0.96 (Revenue 6.94b / 7.26b) |
| TATA: -0.11 (NI 196.8m - CFO 487.6m) / TA 2.57b) |
| Beneish M = -2.79 (Cap -4..+1) = A |
As of May 28, 2026, the stock is trading at EUR 9.58 with a total of 109,429 shares traded.
Over the past week, the price has changed by -3.28%,
over one month by +2.63%,
over three months by +1.59% and
over the past year by +50.96%.
Derichebourg has no consensus analysts rating.
P/E Trailing = 12.4351
P/E Forward = 20.1207
P/S = 0.4546
P/B = 1.3565
P/EG = 3.8337
Revenue TTM = 6.94b EUR
EBIT TTM = 335.7m EUR
EBITDA TTM = 655.7m EUR
Long Term Debt = 480.7m EUR (from longTermDebt, last quarter)
Short Term Debt = 151.2m EUR (from shortTermDebt, last quarter)
Debt = 1.13b EUR (from shortLongTermDebtTotal, last quarter) + Leases 284.2m
Net Debt = 966.8m EUR (calculated: Debt 1.13b - CCE 163.5m)
Enterprise Value = 2.48b EUR (1.52b + Debt 1.13b - CCE 163.5m)
Interest Coverage Ratio = 4.39 (Ebit TTM 335.7m / Interest Expense TTM 76.5m)
EV/FCF = 9.68x (Enterprise Value 2.48b / FCF TTM 256.7m)
FCF Yield = 10.33% (FCF TTM 256.7m / Enterprise Value 2.48b)
FCF Margin = 3.70% (FCF TTM 256.7m / Revenue TTM 6.94b)
Net Margin = 2.83% (Net Income TTM 196.8m / Revenue TTM 6.94b)
Gross Margin = 5.44% ((Revenue TTM 6.94b - Cost of Revenue TTM 6.57b) / Revenue TTM)
Gross Margin QoQ = -14.43% (prev 24.76%)
Tobins Q-Ratio = 0.97 (Enterprise Value 2.48b / Total Assets 2.57b)
Interest Expense / Debt = 6.77% (Interest Expense 76.5m / Debt 1.13b)
Taxrate = 24.15% (19.1m / 79.1m)
NOPAT = 254.6m (EBIT 335.7m * (1 - 24.15%))
Current Ratio = 1.10 (Total Current Assets 721.5m / Total Current Liabilities 653.7m)
Debt / Equity = 1.01 (Debt 1.13b / totalStockholderEquity, last quarter 1.12b)
Debt / EBITDA = 1.47 (Net Debt 966.8m / EBITDA 655.7m)
Debt / FCF = 3.77 (Net Debt 966.8m / FCF TTM 256.7m)
Total Stockholder Equity = 1.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.64% (Net Income 196.8m / Total Assets 2.57b)
RoE = 18.66% (Net Income TTM 196.8m / Total Stockholder Equity 1.05b)
RoCE = 21.86% (EBIT 335.7m / Capital Employed (Equity 1.05b + L.T.Debt 480.7m))
RoIC = 12.33% (NOPAT 254.6m / Invested Capital 2.07b)
WACC = 6.08% (E(1.52b)/V(2.65b) * Re(6.78%) + D(1.13b)/V(2.65b) * Rd(6.77%) * (1-Tc(0.24)))
Discount Rate = 6.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -80.28 | Cagr: -0.05%
[DCF] Terminal Value 77.97% ; FCFF base≈218.1m ; Y1≈250.0m ; Y5≈367.9m
[DCF] Fair Price = 28.84 (EV 5.54b - Net Debt 966.8m = Equity 4.57b / Shares 158.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.33 | # QB: 1
Revenue Correlation: 48.04 | Revenue CAGR: 5.76% | SUE: 0.03 | # QB: 0
EPS current Year (2026-09-30): EPS=0.97 | Chg30d=+13.54% | Revisions=+33% | GrowthEPS=+27.2% | GrowthRev=+10.9%
EPS next Year (2027-09-30): EPS=1.09 | Chg30d=+8.89% | Revisions=+33% | GrowthEPS=+12.6% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +33%