Andersen (ANDG) 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

+11.4%

$73.21

vs $65.75 price

Levered DCF

$555.11

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

7.99

Safe zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023
P/E	-144.06×	1.92×	2.18×
P/B	-2.12×	1.32×	1.46×
P/S	0.34×	0.35×	0.4×
EV / EBITDA	-4.24×	1.91×	2.31×
Gross margin	28.0%	35.7%	36.2%
Operating margin	6.9%	17.7%	18.3%
Net margin	-0.3%	18.4%	18.6%
Current ratio	2.1×	2.61×	2.91×
Debt / equity	-3.42×	0.55×	0.63×
Interest coverage	40.3×	2,024.13×	846.8×
Dividend yield	74.4%	44.9%	34.9%
Payout ratio	-9128.8%	86.1%	76.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023
Return on equity	1.7%	68.7%	66.9%
Return on invested capital	13.3%	39.6%	37.0%
Return on assets	-0.4%	33.8%	32.1%
Free cash flow yield	60.8%	55.6%	43.8%
Earnings yield	-0.8%	52.1%	45.9%
Enterprise value	$495.4M	$278.6M	$297.8M
Net debt / EBITDA	-1.8×	0.14×	0.31×
Cash conversion cycle (days)	47	55	55