Citi Trends, Inc. (CTRN) 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

-88.6%

$5.90

vs $51.97 price

Levered DCF

-$24.95

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

3.44

Safe zone

Rating

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	66.38×	-4.99×	-19.16×	4.48×	6.85×	25.32×	16.52×	12.49×
P/B	2.99×	1.9×	1.46×	1.59×	3.67×	3.71×	1.59×	1.42×
P/S	0.42×	0.29×	0.31×	0.33×	0.43×	0.77×	0.35×	0.35×
EV / EBITDA	20.75×	-20.59×	112.87×	4.42×	5.92×	13.15×	14.63×	5.5×
Gross margin	37.3%	37.5%	38.1%	39.1%	41.1%	39.8%	38.0%	38.1%
Operating margin	-0.9%	-4.9%	-2.6%	1.4%	8.0%	4.1%	2.4%	3.3%
Net margin	0.6%	-5.7%	-1.6%	7.4%	6.3%	3.1%	2.1%	2.8%
Current ratio	1.11×	1.13×	1.32×	1.39×	1.03×	1.34×	1.33×	2.2×
Debt / equity	1.92×	1.95×	1.49×	1.61×	1.86×	1.18×	1.83×	0×
Interest coverage	-20.5×	-115.84×	-63.58×	36.66×	259.86×	41.15×	120.39×	163.18×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%	1.4%	1.6%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	3.5%	22.8%	19.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.5%	-38.1%	-7.6%	35.4%	53.6%	14.7%	9.6%	11.4%
Return on invested capital	-1.9%	-11.0%	-3.7%	2.0%	18.7%	6.8%	4.5%	10.4%
Return on assets	1.1%	-9.3%	-2.3%	10.8%	13.1%	4.8%	3.6%	7.2%
Free cash flow yield	0.2%	-6.5%	-10.6%	-6.3%	10.5%	15.5%	6.8%	6.4%
Earnings yield	1.5%	-20.0%	-5.2%	22.3%	14.6%	4.0%	6.1%	8.0%
Enterprise value	$504.9M	$374.7M	$384.9M	$428M	$592.1M	$676.3M	$565.5M	$249.1M
Net debt / EBITDA	6.46×	-8.76×	45.44×	1.69×	1.66×	1.35×	7.6×	-0.39×
Cash conversion cycle (days)	10	17	26	19	17	15	45	43