Compass Minerals International, Inc. (CMP) 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

-318.8%

-$51.30

vs $23.45 price

Levered DCF

$7.00

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.93

Grey zone

Rating

C+

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	-10.05×	-2.41×	111.8×	-61.16×	-10.27×	35.07×	34.44×	21.94×
P/B	3.43×	1.57×	2.19×	4.96×	7.47×	5.53×	3.99×	2.61×
P/S	0.65×	0.44×	0.95×	1.06×	2.62×	2.08×	1.9×	1.31×
EV / EBITDA	13.48×	-102.93×	10.49×	13.18×	17.95×	13.83×	13.61×	12.03×
Gross margin	15.3%	17.5%	19.3%	16.0%	20.3%	21.9%	21.4%	17.0%
Operating margin	2.0%	-10.5%	6.4%	3.6%	9.3%	10.2%	11.0%	7.4%
Net margin	-6.4%	-18.4%	0.9%	-1.7%	-25.6%	6.3%	5.6%	6.0%
Current ratio	2.15×	2.71×	2.19×	2.45×	2.72×	2.55×	2.63×	2.55×
Debt / equity	3.62×	2.95×	1.55×	3.57×	3.19×	3.46×	2.5×	2.53×
Interest coverage	0.37×	-1.68×	1.39×	0.82×	1.76×	1.64×	2.05×	1.55×
Dividend yield	0.0%	2.5%	2.2%	1.6%	3.3%	4.7%	4.7%	6.9%
Payout ratio	0.0%	-6.1%	237.1%	-98.6%	-34.2%	157.1%	161.3%	150.8%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-34.1%	-65.1%	2.0%	-8.0%	-72.9%	16.7%	11.7%	12.0%
Return on invested capital	2.0%	-8.1%	1.9%	-532.6%	3.2%	5.0%	4.5%	3.0%
Return on assets	-5.3%	-12.6%	0.6%	-1.3%	-13.1%	2.8%	2.5%	2.7%
Free cash flow yield	15.9%	-20.1%	-4.2%	1.8%	4.1%	4.3%	3.0%	6.1%
Earnings yield	-9.9%	-41.5%	0.9%	-1.6%	-9.8%	3.0%	2.9%	4.6%
Enterprise value	$1.6B	$1.4B	$1.9B	$2.2B	$3.1B	$3.4B	$3.3B	$2.7B
Net debt / EBITDA	6.68×	-66.69×	4.22×	5.36×	5.3×	5.3×	5.2×	5.85×
Cash conversion cycle (days)	128	173	145	118	185	168	136	169