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Spain
In shortApplus Services, S.a. is profitable, generates cash and carries moderate debt, with revenue growing (+8.4% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 5.3% | 34/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.0% | 24/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 3.5% | 18/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.3% | 29/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.17× | 31/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.63× | 21/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.34× | 47/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.08 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 15.7% | 83/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 16.04× | 100/100 |
| Years with positive free cash flow (last 5) | 4 of 4 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 4 | 75/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 3 | 44/100 |
| Revenue growth volatility | 17.3% | 47/100 |
| Operating margin volatility | 7.1% | 44/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 5.0% | 44/100 |
|---|---|---|
| EPS growth, 3-year average | -25.7% | 0/100 |
Weight in the score: 10%
Fiscal year 2023 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 4 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY19 | FY20 | FY22 | FY23 |
|---|---|---|---|---|
| Revenue | 1,778 | 1,558 | 1,899 | 2,058 |
| Operating income | 131 | (117) | 135 | 110 |
| Pre-tax income | 107 | (142) | 91 | 64 |
| Income tax | 30 | (1.2) | 29 | 29 |
| Net income | 56 | (158) | 49 | 20 |
| Diluted EPS | €0.39 | −€1.11 | €0.36 | €0.16 |
1.08 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2023 · Data updated Dec 31, 2023