Broadwind, Inc. (BWEN) 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

-50.7%

$1.38

vs $2.81 price

Levered DCF

-$3.21

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

-1.3

Distress 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	12.3×	35.74×	7.69×	-3.73×	12.53×	-89.3×	-5.93×	-0.83×
P/B	0.98×	0.69×	1.05×	0.79×	0.65×	3.27×	0.66×	0.46×
P/S	0.41×	0.29×	0.29×	0.21×	0.24×	0.67×	0.15×	0.16×
EV / EBITDA	6.16×	6.28×	5.32×	-136.03×	6.38×	24.63×	10.82×	-2.5×
Gross margin	9.8%	14.8%	16.0%	6.1%	3.8%	9.1%	8.6%	2.4%
Operating margin	0.3%	3.0%	5.5%	-3.7%	-8.6%	0.2%	-1.3%	-20.0%
Net margin	3.3%	0.8%	3.8%	-5.5%	2.0%	-0.7%	-2.5%	-19.3%
Current ratio	2.03×	1.54×	1.3×	1.13×	1.23×	1.05×	0.85×	0.83×
Debt / equity	0.43×	0.6×	0.63×	0.72×	0.58×	0.88×	0.8×	0.34×
Interest coverage	0.13×	1.37×	3.48×	-2.05×	-11.16×	0.21×	-1.02×	-16.76×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	7.9%	1.9%	13.7%	-21.0%	5.3%	-3.7%	-11.1%	-55.7%
Return on invested capital	0.5%	4.2%	11.8%	-8.3%	-14.5%	0.6%	-3.2%	-40.6%
Return on assets	4.5%	0.9%	5.7%	-6.7%	2.4%	-1.2%	-3.7%	-24.3%
Free cash flow yield	-29.4%	24.7%	-22.7%	37.3%	-41.3%	2.8%	10.0%	-1.4%
Earnings yield	8.1%	2.8%	13.0%	-26.8%	8.1%	-1.1%	-16.9%	-120.1%
Enterprise value	$92.6M	$69M	$93M	$56.7M	$65.9M	$165M	$56.9M	$33.8M
Net debt / EBITDA	1.85×	2.53×	1.96×	-48.9×	2.97×	4.81×	5.73×	-1.01×
Cash conversion cycle (days)	108	114	85	79	83	50	60	84