Beacon Financial Corp. (BBT) 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

+12.9%

$35.62

vs $31.56 price

Levered DCF

$35.90

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.28

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
P/E	25.6×	39.49×	30.83×	29.46×	23.59×	-3.23×
P/B	0.92×	1.98×	1.79×	2.75×	2.81×	1.45×
P/S	3.03×	3.76×	3.54×	6.22×	6.08×	-2.68×
EV / EBITDA	7.78×	36.52×	36.31×	31.53×	18.31×	-4.54×
Gross margin	51.1%	55.5%	60.6%	87.8%	91.9%	126.3%
Operating margin	16.0%	12.4%	12.9%	26.0%	32.3%	82.9%
Net margin	11.9%	9.5%	11.5%	21.1%	25.8%	82.9%
Current ratio	0.19×	0.14×	0.12×	0.15×	0.15×	0.25×
Debt / equity	0.35×	1.28×	1.18×	1.46×	0.38×	0.54×
Interest coverage	0.37×	0.3×	0.38×	2.67×	3.93×	-5.73×
Dividend yield	3.3%	2.0%	2.2%	1.5%	1.3%	2.1%
Payout ratio	83.5%	78.8%	68.9%	43.3%	31.6%	-6.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	3.6%	5.0%	5.8%	9.3%	11.9%	-44.9%
Return on invested capital	2.4%	2.0%	2.5%	3.7%	8.5%	9.3%
Return on assets	0.4%	0.5%	0.6%	1.0%	1.4%	-4.1%
Free cash flow yield	0.0%	4.1%	4.9%	4.2%	4.6%	13.1%
Earnings yield	3.9%	2.5%	3.2%	3.4%	4.2%	-31.0%
Enterprise value	$1.1B	$3.4B	$3.4B	$3.8B	$2.8B	$2.4B
Net debt / EBITDA	-7.93×	10.84×	13.52×	8.88×	0.32×	-1.24×
Cash conversion cycle (days)	0	0	0	0	0	0