CapsoVision, Inc. (CV) 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

-243.7%

-$9.67

vs $6.73 price

Levered DCF

-$10.25

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

23.16

Safe zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023
P/E	-19.8×	-8.14×	-12.07×
P/B	37.78×	-1.25×	-1.23×
P/S	36.96×	13.8×	13.86×
EV / EBITDA	-19.71×	-7.95×	-11.14×
Gross margin	52.9%	54.2%	56.3%
Operating margin	-188.3%	-169.4%	-116.3%
Net margin	-186.8%	-169.3%	-115.9%
Current ratio	3.77×	8.24×	12.74×
Debt / equity	0.07×	-0.01×	-0.01×
Interest coverage	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023
Return on equity	-190.9%	15.4%	10.3%
Return on invested capital	-180.4%	-129.7%	-55.9%
Return on assets	-139.4%	-118.4%	-52.5%
Free cash flow yield	-4.6%	-12.5%	-8.5%
Earnings yield	-5.1%	-12.3%	-8.4%
Enterprise value	$491.8M	$154.1M	$122.1M
Net debt / EBITDA	0.37×	0.42×	1.19×
Cash conversion cycle (days)	173	190	227