CPS Technologies Corporation (CPSH) 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

-118.3%

-$0.65

vs $3.54 price

Levered DCF

$0.16

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

9.33

Safe zone

Rating

B-

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	107×	-7.36×	24.87×	17.93×	18.87×	33.43×	-21.74×	-4.39×
P/B	1.89×	1.62×	1.97×	2.47×	4.64×	4.78×	2.6×	2.78×
P/S	1.43×	1.11×	1.24×	1.46×	2.72×	1.45×	0.65×	0.75×
EV / EBITDA	33.11×	-5.76×	10.48×	9.31×	55.98×	21.04×	-212.19×	-46.98×
Gross margin	16.2%	-0.6%	24.8%	27.5%	21.3%	20.0%	11.8%	13.5%
Operating margin	1.4%	-20.7%	6.2%	8.4%	2.3%	4.4%	-2.8%	-4.2%
Net margin	1.3%	-14.8%	5.0%	8.0%	14.3%	4.4%	-3.0%	-17.2%
Current ratio	5.3×	3.29×	4.46×	3.31×	2.75×	3.81×	2.03×	2.65×
Debt / equity	0.01×	0.01×	0.02×	0.04×	0.06×	0.04×	0.27×	0×
Interest coverage	0×	0×	333.47×	280.95×	14.7×	7.96×	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	FY2021	FY2020	FY2019	FY2018
Return on equity	1.7%	-21.6%	7.9%	13.6%	24.4%	14.3%	-12.0%	-63.5%
Return on invested capital	1.1%	-22.8%	6.7%	10.0%	3.7%	13.9%	-8.8%	-15.4%
Return on assets	1.4%	-16.6%	6.3%	9.8%	17.1%	10.9%	-7.1%	-43.6%
Free cash flow yield	-1.1%	-19.0%	1.6%	8.0%	2.4%	4.4%	-12.6%	-4.5%
Earnings yield	0.9%	-13.3%	4.0%	5.5%	5.3%	3.0%	-4.6%	-22.8%
Enterprise value	$42.5M	$20.4M	$25.6M	$31.1M	$56.7M	$30.4M	$15.2M	$15.6M
Net debt / EBITDA	-3.22×	0.87×	-3.44×	-2.31×	-4.25×	0.03×	-18.02×	1.89×
Cash conversion cycle (days)	93	109	95	119	117	112	102	81