Climb Global Solutions, Inc. (CLMB) 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

-5.3%

$38.03

vs $40.18 price

Levered DCF

$43.42

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

3.26

Safe zone

Rating

Overall 4 / 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	22.16×	31.22×	20.09×	11.22×	16.8×	18.93×	10.73×	12.35×
P/B	3.99×	6.25×	3.23×	2.25×	2.86×	1.83×	1.58×	1.07×
P/S	0.71×	1.22×	0.69×	0.45×	0.53×	0.33×	0.34×	0.24×
EV / EBITDA	11.91×	15.4×	10.24×	6.3×	8.57×	6.98×	6.35×	4.05×
Gross margin	16.1%	19.6%	18.3%	17.1%	16.2%	13.1%	14.4%	14.8%
Operating margin	4.5%	6.0%	4.7%	5.9%	4.3%	2.1%	4.1%	2.3%
Net margin	3.3%	4.0%	3.5%	4.0%	3.3%	1.8%	3.3%	1.9%
Current ratio	1.11×	1.02×	1.07×	1.14×	1.18×	1.14×	1.54×	1.54×
Debt / equity	0.03×	0.03×	0.04×	0.06×	0.04×	0.06×	0.06×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.7%	0.5%	1.2%	2.2%	2.0%	3.7%	4.3%	7.0%
Payout ratio	14.4%	16.3%	24.4%	24.5%	32.5%	67.0%	45.2%	86.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	18.3%	20.5%	16.5%	20.1%	17.5%	10.0%	15.0%	8.7%
Return on invested capital	18.0%	21.1%	14.2%	19.0%	15.9%	7.8%	13.3%	7.0%
Return on assets	4.6%	4.0%	3.7%	5.3%	4.8%	2.7%	5.4%	3.3%
Free cash flow yield	3.1%	5.0%	15.4%	1.5%	3.0%	46.3%	4.4%	31.3%
Earnings yield	4.6%	3.3%	5.1%	8.9%	6.1%	5.5%	9.5%	8.1%
Enterprise value	$431.9M	$539.3M	$207.7M	$119.9M	$123M	$55.3M	$59.2M	$28.7M
Net debt / EBITDA	-0.91×	-0.76×	-1.66×	-0.87×	-1.88×	-3.37×	-1.33×	-2.1×
Cash conversion cycle (days)	-41	-53	-42	-26	-33	-34	33	19