Edgewell Personal Care Company (EPC) 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

+149.5%

$72.07

vs $28.89 price

Levered DCF

$45.20

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.52

Distress zone

Rating

C+

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	38.42×	18.35×	16.5×	20×	16.88×	22.3×	-4.98×	24.21×
P/B	0.62×	1.14×	1.23×	1.35×	1.25×	1.06×	1.33×	1.43×
P/S	0.43×	0.8×	0.84×	0.91×	0.95×	0.78×	0.82×	1.12×
EV / EBITDA	12.3×	10.45×	9.84×	11.42×	9.32×	10.33×	-11.31×	10.72×
Gross margin	41.6%	42.4%	41.8%	40.5%	45.6%	45.2%	45.1%	46.2%
Operating margin	4.3%	8.8%	10.1%	8.4%	11.5%	9.0%	11.4%	12.7%
Net margin	1.1%	4.4%	5.1%	4.6%	5.6%	3.5%	-17.4%	4.6%
Current ratio	1.76×	1.66×	1.84×	1.75×	2.12×	1.93×	1.58×	1.33×
Debt / equity	0.99×	0.87×	0.94×	1×	0.83×	0.91×	0.93×	0.74×
Interest coverage	1.32×	2.61×	2.89×	2.55×	3.53×	2.88×	3.89×	4.17×
Dividend yield	3.0%	1.7%	1.7%	1.6%	1.3%	0.0%	0.0%	0.0%
Payout ratio	115.4%	31.1%	27.5%	32.8%	21.7%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	1.6%	6.2%	7.4%	6.8%	7.4%	4.7%	-28.1%	5.9%
Return on invested capital	3.0%	5.1%	5.4%	4.6%	6.1%	4.5%	8.0%	5.2%
Return on assets	0.7%	2.6%	3.1%	2.7%	3.2%	1.9%	-10.8%	2.6%
Free cash flow yield	4.3%	9.7%	8.8%	2.3%	8.7%	12.2%	7.5%	8.1%
Earnings yield	2.6%	5.5%	6.1%	5.0%	6.0%	4.5%	-21.2%	4.1%
Enterprise value	$2.3B	$3B	$3.1B	$3.3B	$2.8B	$2.5B	$2.6B	$3.5B
Net debt / EBITDA	7.09×	4.12×	3.88×	4.46×	2.78×	3.95×	-3.79×	3.13×
Cash conversion cycle (days)	106	99	110	97	84	88	77	67