Alliance Laundry Holdings Inc. (ALH) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-44.8%

$12.51

vs $22.65 price

Levered DCF

$2.51

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.13

Grey zone

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022
P/E	39.13×	46.83×	34×	30.27×
P/B	10.25×	-16.66×	5.43×	0×
P/S	2.35×	3.06×	2.19×	2.2×
EV / EBITDA	15.34×	19.8×	14.3×	0×
Gross margin	37.6%	33.6%	31.4%	27.0%
Operating margin	18.6%	19.3%	17.3%	13.9%
Net margin	6.0%	6.5%	6.5%	7.2%
Current ratio	1.4×	1.4×	1.47×	0×
Debt / equity	5.09×	-9.47×	3.25×	0×
Interest coverage	2.11×	2.04×	1.87×	2.28×
Dividend yield	0.0%	5.8%	0.0%	0.0%
Payout ratio	0.0%	270.5%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	26.0%	-35.5%	16.0%	0.0%
Return on invested capital	9.0%	9.1%	7.8%	0.0%
Return on assets	3.5%	3.5%	3.1%	0.0%
Free cash flow yield	3.9%	2.2%	5.9%	2.6%
Earnings yield	2.5%	2.1%	3.0%	3.3%
Enterprise value	$5.9B	$7.1B	$4.6B	$0
Net debt / EBITDA	4.83×	6.84×	4.95×	0×
Cash conversion cycle (days)	81	74	87	0