Blue Ridge Bankshares, Inc. (BRBS) 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

-103.4%

-$0.14

vs $4.08 price

Levered DCF

$1.59

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

-0.59

Distress zone

Rating

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	38.82×	-10.39×	-1.11×	13.88×	6.09×	5.74×	18.14×	10.36×
P/B	1.4×	0.48×	0.31×	0.95×	1.15×	0.93×	0.94×	1.22×
P/S	3.01×	0.91×	0.29×	1.4×	1.68×	0.91×	1.76×	1.49×
EV / EBITDA	32.16×	-13.18×	-3.69×	20.21×	3.42×	5.27×	24.57×	17.44×
Gross margin	63.5%	56.0%	50.2%	74.8%	94.1%	81.5%	77.2%	80.2%
Operating margin	9.1%	-9.5%	-29.8%	13.1%	35.9%	20.6%	11.3%	17.7%
Net margin	7.1%	-8.8%	-26.2%	10.2%	27.5%	16.0%	9.3%	14.1%
Current ratio	0×	0.23×	0.17×	0×	0.22×	0.26×	0.24×	0.13×
Debt / equity	0.55×	0.61×	1.4×	1.44×	0.21×	1.34×	1.46×	2.1×
Interest coverage	0.23×	-0.2×	-0.77×	1.3×	6.18×	2.28×	0.59×	1.11×
Dividend yield	5.0%	0.0%	8.1%	3.9%	2.2%	2.4%	2.8%	3.1%
Payout ratio	211.0%	0.0%	-9.0%	52.9%	13.7%	13.8%	54.0%	32.9%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	3.3%	-4.7%	-27.8%	7.0%	19.0%	16.4%	5.0%	11.6%
Return on invested capital	2.1%	-2.8%	-9.4%	0.5%	14.3%	3.2%	1.9%	3.7%
Return on assets	0.4%	-0.6%	-1.7%	0.6%	2.0%	1.2%	0.5%	0.8%
Free cash flow yield	2.6%	-4.4%	75.1%	39.4%	18.2%	-110.7%	-25.7%	-13.9%
Earnings yield	2.4%	-9.7%	-90.2%	7.3%	16.4%	17.6%	5.3%	9.5%
Enterprise value	$516.3M	$183M	$206.4M	$519.4M	$246.7M	$127.6M	$161.5M	$115.8M
Net debt / EBITDA	3.94×	-1.79×	-2.67×	10.98×	-1.01×	1.12×	11.35×	10.22×
Cash conversion cycle (days)	26	26	28	25	18	46	32	0