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Also trades as: PLXNF (OTC) · $vol 0M

PLX.PA PAR

Pluxee N.V.
1W: -3.6% 1M: -10.9% 3M: +11.0% YTD: +17.3% 1Y: -17.3%
€13.98 ($15.74)
+0.12 (+0.87%)
 
Weekly Expected Move ±3.0%
€13 €14 €14 €14 €15
PAR · Industrials · Specialty Business Services · Tech Score Sell · Power 36 · €1.9B mcap · 73M float · 0.253% daily turnover
Overview Chart Financials Income Statement Cash Flow Balance Sheet Earnings
Analysis Technicals Weather Peers ETF Exposure

Financial Rating

Composite financial health rating (A+ to F) based on discounted cash flow valuation, return on equity, return on assets, debt-to-equity leverage, and relative P/E and P/B multiples.

A-
Oct 02, 2026
DCF
4
ROE
5
ROA
4
D/E
1
P/E
4
P/B
2
The Financial Rating evaluates six fundamental factors — discounted cash flow (DCF) valuation, return on equity (ROE), return on assets (ROA), debt-to-equity leverage (D/E), and relative price-to-earnings (P/E) and price-to-book (P/B) multiples — each scored 1–5. PLX.PA receives an overall rating of A-. Strongest factors: DCF (4/5), ROE (5/5), ROA (4/5), P/E (4/5). Areas of concern: D/E (1/5), P/B (2/5).
Rating Change History
DateFromTo
2026-10-01 B+ A-
2026-07-01 A- B+
2026-04-20 B+ A-
2026-04-07 None ADDED
2026-04-07 EXISTED None
2026-04-01 B B+
2026-01-03 B+ B

InsiderStreet Scorecard

Proprietary multi-factor scorecard rating companies across seven fundamental dimensions — profitability, balance sheet strength, earnings quality, growth, value, momentum, and safety — each scored 0–100.

★ ★ ★ ★ ★ 64 Grade C
Profitability
64
Balance Sheet
59
Earnings Quality
64
Growth
94
Value
75
Momentum
100
Safety
15
Cash Flow
77
The InsiderStreet Scorecard rates companies across eight dimensions: Profitability (margins, ROA, ROE), Balance Sheet (leverage, liquidity, coverage), Earnings Quality (accruals, cash conversion), Growth (revenue and earnings trajectory), Value (P/E, P/B, earnings yield, Graham criteria), Momentum (revenue and earnings acceleration), Safety (Altman Z-Score risk adjustment), and Cash Flow (operating cash flow quality, FCF conversion, cash coverage). The overall score blends 35% quality, 35% value, and 30% momentum, with a penalty for distress-zone Altman scores. PLX.PA scores highest in Momentum (100/100) and lowest in Safety (15/100). A grade of C represents mixed fundamentals — strengths in some areas offset by weaknesses.

Risk & Quality Signals

Academic financial models used by institutional investors to assess bankruptcy risk, earnings manipulation, financial strength, and credit quality.

Altman Z-Score
0.93
Distress Zone
Piotroski F-Score
7/9
✓ ✓ ✓ ✓ ✗ ✓ ✓ ✗ ✓
Beneish M-Score
-2.32
Unlikely Manipulator
Ohlson O-Score
-5.63
Bankruptcy prob: 0.4%
Low Risk
Credit Rating
BBB-
Score: 50.8/100
Trend: Improving
Earnings Quality
75/100
OCF/NI: 1.97x
Accruals: -5.7%
The Altman Z-Score (1968) combines five ratios — working capital, retained earnings, EBIT, market value of equity, and sales, all relative to total assets or liabilities — into a single bankruptcy predictor. PLX.PA scores 0.93, placing it in the Distress Zone (safe > 2.99, distress < 1.81). Historically, companies in this range face elevated bankruptcy risk. The Piotroski F-Score (2000) is a 9-point binary checklist — four profitability tests (positive ROA, positive cash flow, improving ROA, cash flow exceeding net income), three leverage tests (declining debt ratio, improving current ratio, no share dilution), and two efficiency tests (improving gross margin, improving asset turnover). Each pass scores 1 point. PLX.PA scores 7/9, signaling strong financial health across all three dimensions. The Beneish M-Score (1999) is an 8-variable model that detects earnings manipulation by comparing year-over-year changes in receivables, gross margins, asset quality, sales growth, depreciation, SG&A, leverage, and accruals. Scores above −1.78 statistically resemble past manipulators. PLX.PA's score of -2.32 falls below this threshold, suggesting earnings are unlikely to be manipulated. The Ohlson O-Score (1980) is a 9-variable logistic regression that estimates bankruptcy probability using firm size, leverage, working capital, current ratio, profitability (ROA), cash flow coverage, negative equity flag, consecutive losses flag, and earnings trajectory. The raw score is converted to a probability via logistic transformation. PLX.PA's implied 0.4% bankruptcy probability is well within safe territory. Our Credit Rating model scores companies on five weighted components — solvency (30%), earning power (25%), leverage (20%), liquidity (15%), and cash flow quality (10%) — then blends the absolute score with sector and industry peer rankings. For companies with large buyback programs, equity is adjusted by adding back cumulative 5-year repurchases (capped at 80% of FCF generated) to avoid penalizing shareholder-friendly capital allocation. PLX.PA receives an estimated rating of BBB- (score: 50.8/100), with a improving trend. The Earnings Quality score measures how well reported earnings are backed by real cash. It evaluates the operating cash flow to net income ratio (OCF/NI ≥ 1.0 means every dollar of earnings is cash-backed) and the accruals ratio (the gap between earnings and cash flow relative to assets — lower is better). PLX.PA's score of 75/100 is high — cash flows strongly support reported earnings.

Valuation

Key valuation multiples comparing the stock's market price to its earnings, revenue, book value, and cash flows. Lower multiples may indicate relative undervaluation versus peers.

P/E
9.85x
PEG
0.37x
P/S
1.47x
P/B
5.12x
P/FCF
3.03x
P/OCF
2.24x
EV/EBITDA
-0.42x
EV/Revenue
-0.15x
EV/EBIT
-0.55x
EV/FCF
-0.71x
Earnings Yield
22.61%
FCF Yield
33.00%
Shareholder Yield
12.96%
Graham Number
$12.51
Equity-based multiples (P/E, P/B, P/FCF) compare the stock price to per-share fundamentals and are affected by capital structure. Enterprise value multiples (EV/EBITDA, EV/Revenue, EV/FCF) strip out debt and cash, making them more useful for cross-company comparisons regardless of how companies are financed. The Graham Number — √(22.5 × EPS × Book Value) — is Benjamin Graham's formula for the maximum price a defensive investor should pay. At 9.8x earnings, PLX.PA trades at a deep value multiple. An earnings yield of 22.6% exceeds typical risk-free rates, suggesting equities are being compensated for risk. Graham's intrinsic value formula yields $12.51 per share, 12% below the current price.

DuPont Decomposition (5-Factor)

The 5-factor DuPont framework breaks Return on Equity into its component drivers — tax efficiency, interest burden, operating profitability, asset utilization, and financial leverage — to reveal what truly drives shareholder returns.

Tax Burden
0.617
NI / EBT
×
Interest Burden
0.862
EBT / EBIT
×
EBIT Margin
0.272
EBIT / Rev
×
Asset Turnover
0.406
Rev / Assets
×
Equity Multiplier
25.994
Assets / Equity
=
ROE
152.6%
The 5-factor DuPont identity decomposes ROE as: Tax Burden × Interest Burden × EBIT Margin × Asset Turnover × Equity Multiplier = ROE. This reveals whether returns are driven by operating performance, financial leverage, or tax efficiency — three very different sources of profitability. PLX.PA's ROE of 152.6% is driven by financial leverage (equity multiplier: 25.99x). Note: high leverage means ROE is amplified by debt rather than operational performance.

Graham-Dodd Adjusted Valuation

Our adaptation of Graham's growth formula (Fair P/E = 8.5 + 2g) from The Intelligent Investor. The classic version relies on analyst growth projections, which can be unreliable. This adjusted model substitutes the company's realized 3-year EPS CAGR — a backward-looking, verifiable measure of actual earnings power — grounding the valuation in demonstrated performance rather than forecasts.

Two adjustments we make, and why. Growth is capped at 15%. Graham defined g as expected growth over the next seven to ten years, not last year's rate. Across US companies since 1994 the median realized 7-year EPS growth is 5–8% regardless of how fast a company grew beforehand, and of 4,457 company-quarters that grew faster than 200%, none sustained it. Uncapped, the formula assigned fair multiples in the hundreds to companies that had never held that rate — and scored worse than simply reading the P/E. Capped, it carries real information. The verdict has three states, not two. Tested over 377,249 stock-months, this ratio only separates outcomes at its extremes: below 0.25 beat the universe by 1.3 points a year, above 3.0 lagged by 2.7, and everything in between sat inside a one-point band. Rather than call two-thirds of the market "undervalued" on a threshold of 1.0, we say Neutral where the model cannot tell — which is most of the time.

Adj. Growth Rate
15.00%
Fair P/E
38.50x
Intrinsic Value
$98.55
Price/Value
0.11x
Margin of Safety
88.51%
Premium
-88.51%
Assessment
Undervalued
Graham's classic formula uses analyst-projected growth to estimate a fair P/E (8.5 + 2g). Our adjusted version replaces that projection with PLX.PA's realized 15.0% 3-year EPS CAGR, capped at 15% — demonstrated performance rather than forecasts, held to a rate companies have historically sustained. At an intrinsic value of $98.55, PLX.PA appears undervalued with a 89% margin of safety. The adjusted fair P/E of 38.5x compares to the current market P/E of 9.8x.

Profitability Trends

Historical profitability ratios tracking how efficiently the company converts revenue into returns for shareholders over time.

Leverage & Solvency Trends

Debt and liquidity metrics showing the company's financial leverage and ability to meet short-term and long-term obligations.

Efficiency & Working Capital Trends

Operating efficiency metrics measuring how quickly the company converts inventory to sales, collects receivables, and manages its cash conversion cycle.

Growth Trends (YoY %)

Year-over-year growth rates for key financial metrics, showing the trajectory of revenue, earnings, and cash flow generation.

Earnings Stability

R-squared of linear regression measuring how predictably revenue, earnings, and margins follow a trend over the trailing 5 years. 1.0 = perfectly predictable; lower values indicate erratic or cyclical behavior.

Monte Carlo Price Simulation

Geometric Brownian Motion with 1,000 antithetic paths over 1 year, seeded from 655 days of historical volatility. Percentile bands show the range of statistically plausible outcomes — this is a statistical model, not a forecast.

Current Price
$13.98
Median 1Y
$9.85
5th Pctile
$4.92
95th Pctile
$19.73
Ann. Volatility
39.5%
25th–75th percentile 5th–95th percentile Median path Historical
All Ratios & Metrics

Complete fundamental data with up to 20 periods of history, sparkline trends, and current values across 13 categories and 130+ financial metrics.

Profitability
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
ROE 71.7% 51.9% 73.8% 89.7% 1.5% 1.53%
ROA 1.1% 2.3% 3.4% 5.2% 5.9% 5.87%
ROIC -6.5% -25.7% -18.4% -27.3% -29.7% -29.66%
ROCE 73.4% 26.1% 35.4% 44.5% 38.4% 38.41%
Gross Margin 33.9% 29.2% 26.9% 29.1% 27.6% 27.63%
Operating Margin 26.5% 29.2% 26.9% 28.1% 27.6% 27.63%
Net Margin 11.1% 11.0% 15.3% 15.3% 16.0% 16.03%
EBITDA Margin 54.0% 32.1% 37.0% 37.0% 37.1% 37.10%
FCF Margin 34.9% 26.6% 26.2% 25.4% 21.1% 21.10%
OCF Margin 46.4% 36.2% 34.9% 33.9% 28.5% 28.53%
ROIC Economic snapshot only 29.52%
Cash ROA snapshot only 11.28%
NOPAT Margin snapshot only 18.86%
Pretax Margin snapshot only 23.45%
R&D / Revenue snapshot only 0.00%
SGA / Revenue snapshot only 3.17%
SBC / Revenue snapshot only 0.00%
Valuation
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
P/E Ratio 56.29 22.54 13.38 7.45 4.42 9.845
P/S Ratio 6.26 2.50 1.67 0.99 0.64 1.470
P/B Ratio 40.38 11.71 9.87 6.68 4.16 5.119
P/FCF 17.95 9.38 6.38 3.89 3.03 3.030
P/OCF 13.51 6.89 4.81 2.91 2.24 2.241
EV/EBITDA 6.64 3.80 1.35 0.43 -0.42 -0.418
EV/Revenue 3.59 1.62 0.55 0.17 -0.15 -0.150
EV/EBIT 7.49 4.54 1.66 0.53 -0.55 -0.551
EV/FCF 10.27 6.11 2.10 0.67 -0.71 -0.711
Earnings Yield 1.8% 4.4% 7.5% 13.4% 22.6% 22.61%
FCF Yield 5.6% 10.7% 15.7% 25.7% 33.0% 33.00%
PEG Ratio snapshot only 0.368
EV/OCF snapshot only -0.526
EV/Gross Profit snapshot only -0.531
Acquirers Multiple snapshot only -0.537
Shareholder Yield snapshot only 12.96%
Graham Number snapshot only $12.51
Leverage & Solvency
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Current Ratio 0.86 1.06 1.03 1.05 1.04 1.041
Quick Ratio 0.84 1.05 1.02 1.04 1.04 1.036
Debt/Equity 13.12 4.58 3.84 3.43 3.29 3.290
Net Debt/Equity -17.27 -4.09 -6.62 -5.53 -5.14 -5.140
Debt/Assets 0.20 0.20 0.18 0.20 0.20 0.200
Debt/EBITDA 3.77 2.28 1.59 1.27 1.41 1.410
Net Debt/EBITDA -4.97 -2.03 -2.75 -2.05 -2.20 -2.203
Interest Coverage 4.44 6.77 6.82 6.77 8.70 8.700
Equity Multiplier 66.70 23.05 21.82 17.34 16.47 16.466
Cash Ratio snapshot only 0.711
Debt Service Coverage snapshot only 11.463
Cash to Debt snapshot only 2.562
FCF to Debt snapshot only 0.418
Defensive Interval snapshot only 21499.0 days
Efficiency & Turnover
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Asset Turnover 0.10 0.20 0.27 0.39 0.41 0.406
Inventory Turnover 4.78 33.16 30.79 46.18 34.66 34.660
Receivables Turnover 0.44 1.12 1.07 1.93 1.93 1.929
Payables Turnover 1.16 3.62 6.13 6.78 7.00 6.998
DSO 831 327 342 189 189 189.2 days
DIO 76 11 12 8 11 10.5 days
DPO 315 101 60 54 52 52.2 days
Cash Conversion Cycle 593 237 294 143 148 147.6 days
Fixed Asset Turnover snapshot only 38.194
Operating Cycle snapshot only 199.7 days
Cash Velocity snapshot only 0.772
Capital Intensity snapshot only 2.529
Growth (YoY)
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue — — — — 3.3% 3.32%
Net Income — — — — 4.6% 4.61%
EPS — — — — 4.7% 4.72%
FCF — — — — 1.6% 1.61%
EBITDA — — — — 1.9% 1.87%
Op. Income — — — — 3.6% 3.55%
OCF Growth snapshot only 1.65%
Asset Growth snapshot only 5.46%
Equity Growth snapshot only 3.27%
Debt Growth snapshot only 7.13%
Shares Change snapshot only -1.91%
Growth Quality
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Revenue Stability — — — — — —
Earnings Stability — — — — — —
Margin Stability — — — — — —
Rev. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.500
Earn. Growth Consistency 0.00 0.00 0.00 0.00 0.50 0.500
FCF Positive Streak 0 0 0 0 1 0
Earnings Persistence — — — — — —
Earnings Smoothness — — — — 0.00 0.000
ROE Trend — — — — — —
Gross Margin Trend — — — — — —
FCF Margin Trend — — — — — —
Sustainable Growth Rate 71.7% 51.9% 57.5% 75.9% 1.1% 1.09%
Internal Growth Rate 1.1% 2.3% 2.7% 4.6% 4.4% 4.37%
Cash Flow Quality
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
OCF/Net Income 4.17 3.27 2.78 2.56 1.97 1.973
FCF/OCF 0.75 0.74 0.75 0.75 0.74 0.740
FCF/Net Income snapshot only 1.459
OCF/EBITDA snapshot only 0.796
CapEx/Revenue 11.5% 9.6% 8.6% 8.6% 7.4% 7.42%
CapEx/Depreciation snapshot only 0.860
Accruals Ratio -0.03 -0.05 -0.06 -0.08 -0.06 -0.057
Sloan Accruals snapshot only 0.124
Cash Flow Adequacy snapshot only 2.466
Earnings Quality Score snapshot only 0.750
Dividends & Buybacks
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Dividend Yield 0.0% 0.0% 1.7% 2.1% 6.5% 2.72%
Dividend/Share $0.00 $0.00 $0.35 $0.35 $0.73 $0.38
Payout Ratio 0.0% 0.0% 22.1% 15.4% 28.6% 28.65%
FCF Payout Ratio 0.0% 0.0% 10.5% 8.1% 19.6% 19.63%
Total Payout Ratio 3.0% 25.4% 40.7% 29.3% 57.3% 57.30%
Div. Increase Streak — — 0 0 0 0
Chowder Number — — — — — —
Buyback Yield 0.1% 1.1% 1.4% 1.9% 6.5% 6.48%
Net Buyback Yield 0.0% 1.1% 1.3% 1.8% 6.5% 6.48%
Total Shareholder Return 0.0% 1.1% 3.0% 3.9% 13.0% 12.96%
DuPont Factors
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Tax Burden (NI/EBT) 0.59 0.58 0.60 0.61 0.62 0.617
Interest Burden (EBT/EBIT) 0.39 0.53 0.63 0.68 0.86 0.862
EBIT Margin 0.48 0.36 0.33 0.32 0.27 0.272
Asset Turnover 0.10 0.20 0.27 0.39 0.41 0.406
Equity Multiplier 66.70 23.05 21.82 17.34 25.99 25.994
Per Share
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
EPS (Diluted TTM) $0.45 $0.91 $1.58 $2.27 $2.56 $2.56
Book Value/Share $0.62 $1.75 $2.14 $2.53 $2.72 $3.41
Tangible Book/Share $-5.34 $-5.96 $-6.86 $-6.48 $-6.60 $-6.60
Revenue/Share $4.02 $8.20 $12.60 $17.13 $17.70 $9.08
FCF/Share $1.40 $2.18 $3.30 $4.34 $3.74 $1.83
OCF/Share $1.87 $2.97 $4.39 $5.81 $5.05 $2.52
Cash/Share $18.97 $15.14 $22.35 $22.68 $22.92 $23.02
EBITDA/Share $2.17 $3.51 $5.14 $6.82 $6.34 $6.34
Debt/Share $8.19 $8.00 $8.20 $8.69 $8.95 $8.95
Net Debt/Share $-10.78 $-7.14 $-14.15 $-14.00 $-13.97 $-13.97
Academic Models
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Altman Z-Score — — — — — 0.928
Altman Z-Prime snapshot only 1.152
Piotroski F-Score 4 4 4 4 7 7
Beneish M-Score — — — — -2.32 -2.319
Ohlson O-Score snapshot only -5.633
Net-Net WC snapshot only $-7.82
Credit
Metric Trend Q2'24 Q4'24 Q2'25 Q4'25 Q2'26 Current
Credit Rating snapshot only BBB-
Credit Score 29.85 40.16 45.64 50.94 50.82 50.815
Credit Grade snapshot only 10
Credit Trend snapshot only 20.967
Implied Spread (bps) snapshot only 350.000
Industry Credit Rank snapshot only 40
Sector Credit Rank snapshot only 39

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms