Peabody Energy Corporation (BTU) 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

+390.0%

$104.67

vs $21.36 price

Levered DCF

$84.79

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

1.88

Grey zone

Rating

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	-69.07×	6.84×	4.41×	2.89×	3.11×	-0.13×	-4.47×	5.62×
P/B	1.02×	0.72×	0.94×	1.16×	0.64×	0.25×	0.36×	1.07×
P/S	0.94×	0.62×	0.68×	0.75×	0.34×	0.08×	0.2×	0.65×
EV / EBITDA	8.24×	2.63×	1.84×	1.62×	1.48×	-0.87×	2.67×	2.69×
Gross margin	2.7%	19.3%	31.6%	33.9%	23.1%	12.4%	23.5%	27.0%
Operating margin	0.0%	10.5%	21.7%	27.7%	13.0%	-60.0%	1.3%	11.9%
Net margin	-1.4%	8.8%	15.4%	26.0%	10.9%	-64.9%	-4.6%	11.6%
Current ratio	1.85×	2.15×	2.06×	2.58×	1.93×	1.8×	1.65×	1.85×
Debt / equity	0.14×	0.13×	0.11×	0.11×	0.67×	1.79×	0.53×	0.4×
Interest coverage	0.01×	9.49×	17.97×	9.85×	2.36×	-12.36×	0.43×	4.37×
Dividend yield	1.0%	1.4%	0.9%	0.0%	0.0%	0.0%	27.3%	1.6%
Payout ratio	-69.0%	10.1%	4.0%	0.0%	0.0%	0.0%	-122.1%	9.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-1.5%	10.2%	21.4%	40.1%	20.4%	-201.2%	-8.1%	19.1%
Return on invested capital	0.0%	6.8%	15.5%	29.3%	9.9%	-43.3%	1.1%	10.0%
Return on assets	-0.9%	6.2%	12.7%	23.1%	7.3%	-40.1%	-3.2%	8.7%
Free cash flow yield	14.6%	7.8%	20.5%	25.3%	21.2%	-88.0%	41.5%	32.7%
Earnings yield	-1.5%	14.2%	22.7%	34.5%	32.2%	-794.3%	-22.3%	17.8%
Enterprise value	$3.6B	$2.4B	$2.8B	$2.8B	$1.3B	$1.2B	$1.6B	$4B
Net debt / EBITDA	-0.15×	-0.26×	-0.38×	-0.54×	0.25×	-0.7×	1.1×	0.26×
Cash conversion cycle (days)	-13	49	37	40	42	48	34	29