Community Bancorp (CMTV) 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

+48.2%

$63.57

vs $42.91 price

Levered DCF

$63.35

After debt service

Piotroski score

9 / 9

Strong

Altman Z-score

-0.57

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	8.27×	7.36×	7.41×	7.71×	8.41×	7.32×	9.52×	10.12×
P/B	1.23×	0.95×	1.11×	1.4×	1.3×	1.01×	1.21×	1.35×
P/S	2.03×	1.56×	1.89×	2.44×	2.74×	2.01×	2.25×	2.47×
EV / EBITDA	10.16×	13.39×	8.68×	7.79×	8.07×	8.77×	10.55×	10.35×
Gross margin	68.9%	63.9%	72.7%	88.4%	90.7%	83.5%	80.5%	84.7%
Operating margin	29.7%	25.5%	31.4%	39.0%	40.1%	33.4%	28.7%	29.5%
Net margin	24.7%	21.4%	25.8%	31.8%	32.7%	27.6%	23.9%	24.4%
Current ratio	0.14×	0.17×	0.08×	0.22×	0.22×	0.09×	0.09×	0.09×
Debt / equity	0.79×	1.37×	0.76×	0.63×	0.55×	0.7×	0.71×	0.72×
Interest coverage	1.02×	0.75×	1.29×	4.19×	5.16×	2.68×	1.73×	2.26×
Dividend yield	2.9%	4.1%	3.9%	3.6%	3.1%	3.8%	3.5%	3.3%
Payout ratio	23.9%	30.1%	28.3%	27.5%	26.1%	27.9%	33.1%	33.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	14.9%	13.0%	15.1%	18.3%	15.5%	13.9%	12.8%	13.4%
Return on invested capital	7.8%	5.2%	2.1%	11.2%	10.0%	8.2%	7.5%	7.8%
Return on assets	1.3%	1.0%	1.2%	1.3%	1.3%	1.2%	1.2%	1.2%
Free cash flow yield	10.9%	16.2%	14.5%	14.3%	11.9%	16.8%	12.4%	11.9%
Earnings yield	12.2%	13.8%	13.6%	13.0%	11.9%	13.7%	10.6%	9.9%
Enterprise value	$218M	$217.3M	$151M	$140.3M	$139.1M	$121.9M	$121.7M	$115.1M
Net debt / EBITDA	3.66×	7.67×	3.02×	1.94×	1.68×	3.13×	3.33×	2.73×
Cash conversion cycle (days)	24	27	30	-747	-772	-212	-246	-251