Atlantic Union Bankshares Corporation (AUB) 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

+115.0%

$87.18

vs $40.55 price

Levered DCF

$100.91

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.16

Distress 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	FY2021	FY2020	FY2019	FY2018
P/E	17.39×	16.54×	14.44×	11.83×	11.44×	17.07×	15.58×	12.72×
P/B	0.91×	1.04×	1.07×	1.11×	1.07×	0.96×	1.2×	0.97×
P/S	2.23×	2.42×	2.62×	3.38×	4.06×	3.31×	3.62×	3.03×
EV / EBITDA	15.24×	11.68×	13.13×	12.37×	7.02×	12.85×	15.22×	16.3×
Gross margin	60.3%	57.0%	64.1%	87.8%	102.8%	76.4%	78.1%	81.1%
Operating margin	16.6%	19.3%	22.9%	35.9%	44.8%	23.7%	27.8%	29.3%
Net margin	13.5%	15.5%	19.3%	30.1%	37.1%	20.2%	23.3%	23.9%
Current ratio	6.81×	0.14×	0.15×	0.18×	0.26×	0.19×	0.17×	0.18×
Debt / equity	0.3×	0.17×	0.51×	0.72×	0.19×	0.31×	0.6×	0.91×
Interest coverage	0.51×	0.49×	0.7×	3.68×	7.76×	1.9×	1.43×	1.76×
Dividend yield	4.2%	3.8%	3.8%	3.8%	3.3%	3.3%	2.6%	3.1%
Payout ratio	70.2%	59.2%	51.2%	42.1%	36.4%	53.4%	40.5%	39.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	5.5%	6.7%	7.9%	9.9%	9.7%	5.8%	7.7%	7.6%
Return on invested capital	4.1%	5.0%	4.6%	5.2%	7.6%	4.1%	4.5%	3.9%
Return on assets	0.7%	0.9%	1.0%	1.1%	1.3%	0.8%	1.1%	1.1%
Free cash flow yield	1.9%	9.2%	10.0%	15.8%	11.4%	7.8%	5.9%	11.7%
Earnings yield	6.0%	6.4%	7.4%	8.9%	9.1%	6.1%	6.4%	7.9%
Enterprise value	$5.8B	$3.4B	$3.7B	$4B	$2.6B	$2.9B	$4.1B	$3.4B
Net debt / EBITDA	3.31×	0.63×	3.37×	4.27×	-0.79×	1.52×	4.11×	7.27×
Cash conversion cycle (days)	0	0	0	0	0	0	0	0