Auburn National Bancorporation, Inc. (AUBN) 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

+88.8%

$48.15

vs $25.50 price

Levered DCF

$68.85

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.3

Distress 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	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	12.96×	12.84×	53.2×	7.8×	14.23×	19.95×	19.49×	13.08×
P/B	1.02×	1.05×	0.97×	1.19×	1.1×	1.38×	1.93×	1.3×
P/S	2.87×	1.94×	2.37×	2.46×	3.72×	4.43×	5.31×	3.54×
EV / EBITDA	-2.86×	2.51×	15.52×	4.55×	3.66×	6.25×	9.37×	6.65×
Gross margin	98.1%	72.4%	73.9%	89.7%	93.8%	85.2%	89.0%	88.7%
Operating margin	28.1%	19.9%	2.0%	39.2%	30.7%	27.0%	33.9%	33.8%
Net margin	22.1%	15.2%	4.4%	31.5%	26.1%	22.2%	27.3%	27.1%
Current ratio	0.14×	0.1×	0.35×	0.44×	0.5×	0.49×	0.41×	0.38×
Debt / equity	0×	0×	0.02×	0.04×	0.03×	0.02×	0.01×	0.03×
Interest coverage	0.83×	0.72×	0.08×	5.4×	3.75×	2.35×	2.9×	3×
Dividend yield	4.0%	4.6%	5.1%	4.6%	3.2%	2.4%	1.9%	3.0%
Payout ratio	52.0%	59.0%	270.7%	36.0%	45.8%	48.8%	36.7%	39.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.9%	8.2%	1.8%	15.2%	7.8%	6.9%	9.9%	9.9%
Return on invested capital	7.6%	7.8%	0.8%	14.7%	7.5%	6.8%	9.8%	9.7%
Return on assets	0.7%	0.7%	0.1%	1.0%	0.7%	0.8%	1.2%	1.1%
Free cash flow yield	11.5%	10.6%	15.4%	4.9%	-6.9%	0.9%	4.8%	10.3%
Earnings yield	7.7%	7.8%	1.9%	12.8%	7.0%	5.0%	5.1%	7.7%
Enterprise value	-$32.4M	$25.9M	$36M	$65.4M	$39.1M	$67M	$124.4M	$79.5M
Net debt / EBITDA	-11.17×	-5.44×	-16.6×	-1.07×	-7.05×	-7.61×	-4.93×	-3×
Cash conversion cycle (days)	0	0	0	0	0	0	0	0