BRP Inc. (DOO) 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

-55.3%

$28.26

vs $63.15 price

Levered DCF

$55.16

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

2.3

Grey zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	25.78×	-34.88×	9.68×	8.49×	9.21×	21.43×	22.97×	39.43×
P/B	12.45×	30.77×	8.9×	13.7×	-53.96×	-16.29×	-14.36×	-27.27×
P/S	0.89×	0.95×	0.72×	0.73×	0.96×	1.31×	1.41×	1.71×
EV / EBITDA	9.7×	13.47×	5.43×	6.38×	6.54×	11.21×	13.25×	17.54×
Gross margin	22.4%	22.7%	26.4%	24.9%	27.9%	24.7%	24.0%	23.9%
Operating margin	7.3%	7.0%	14.1%	13.6%	15.5%	10.9%	9.2%	9.2%
Net margin	3.5%	-2.7%	7.5%	8.6%	10.4%	6.1%	6.1%	4.3%
Current ratio	1.27×	1.31×	1.41×	1.36×	1.02×	1.31×	0.89×	0.89×
Debt / equity	4.44×	12.97×	3.65×	5.64×	-16.13×	-5.97×	-3.53×	-3.71×
Interest coverage	3.28×	2.9×	7.78×	11.97×	19.21×	5.66×	6.71×	7.15×
Dividend yield	0.8%	0.8%	0.8%	0.7%	0.6%	0.1%	0.4%	0.4%
Payout ratio	21.6%	-29.0%	7.5%	5.9%	5.4%	2.6%	10.0%	15.6%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	48.3%	-88.3%	91.9%	161.5%	-585.5%	-75.9%	-62.5%	-69.2%
Return on invested capital	14.9%	5.7%	24.9%	24.7%	34.4%	18.7%	22.1%	23.5%
Return on assets	4.6%	-3.4%	11.0%	13.4%	15.8%	7.4%	9.9%	7.4%
Free cash flow yield	11.6%	4.2%	14.9%	-0.1%	1.0%	7.8%	2.3%	2.6%
Earnings yield	3.9%	-2.9%	10.3%	11.8%	10.8%	4.7%	4.4%	2.5%
Enterprise value	$9.8B	$10.4B	$9.7B	$10.1B	$9.2B	$9.3B	$10.6B	$10.1B
Net debt / EBITDA	2.23×	3.83×	1.38×	1.77×	1.36×	1.84×	2.57×	1.94×
Cash conversion cycle (days)	79	90	82	91	72	43	58	52