Chain Bridge Bancorp, Inc. (CBNA) 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

+316.1%

$214.03

vs $51.44 price

Levered DCF

$255.20

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

0.64

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	FY2019	FY2018	FY2017	FY2016
P/E	11.25×	6.01×	15.36×	16.43×	17.24×	16.69×	28.27×	24.37×
P/B	1.34×	0.87×	1.63×	1.98×	1.48×	1.81×	1.68×	2.13×
P/S	3.83×	2.21×	3.97×	4.46×	4.58×	4.73×	4.96×	5.46×
EV / EBITDA	-13.89×	-10.64×	-15.42×	3.98×	0×	0×	0×	0×
Gross margin	93.4%	93.2%	88.7%	93.1%	100.0%	100.0%	100.0%	100.0%
Operating margin	42.8%	46.1%	31.8%	33.3%	40.2%	43.9%	40.9%	42.6%
Net margin	34.1%	36.7%	25.8%	27.2%	26.6%	28.5%	17.5%	22.3%
Current ratio	0.59×	0.62×	0.52×	0.4×	0×	0×	0×	0×
Debt / equity	0×	0×	0.06×	0.07×	0×	0.84×	0×	0×
Interest coverage	5.85×	7.09×	2.7×	7.92×	0×	0×	0×	0×
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	FY2019	FY2018	FY2017	FY2016
Return on equity	12.0%	14.5%	10.6%	12.0%	8.6%	10.9%	5.9%	8.7%
Return on invested capital	11.4%	13.9%	9.5%	10.7%	0.7%	1.2%	0.6%	0.9%
Return on assets	1.2%	1.5%	0.7%	0.8%	0.6%	0.9%	0.4%	0.6%
Free cash flow yield	5.1%	17.1%	9.2%	12.7%	0.0%	0.0%	0.0%	0.0%
Earnings yield	8.9%	16.6%	6.5%	6.1%	5.8%	6.0%	3.5%	4.1%
Enterprise value	-$359.3M	-$284.8M	-$175.7M	$42.4M	-$14.8M	$91.5M	-$59.7M	$6.1M
Net debt / EBITDA	-22.68×	-15.35×	-27.36×	-8.78×	0×	0×	0×	0×
Cash conversion cycle (days)	41	23	41	48	0	0	0	0