EquipmentShare.com Inc. (EQPT) 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

-1123.1%

-$164.10

vs $16.04 price

Levered DCF

-$164.76

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.52

Distress 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	FY2022
P/E	8,568.42×	-217.07×	-564.3×	686.92×
P/B	16.41×	9.37×	9.38×	0×
P/S	1.98×	2.17×	3.2×	4.72×
EV / EBITDA	17.81×	19.47×	21.75×	0×
Gross margin	27.3%	24.4%	29.3%	31.1%
Operating margin	6.8%	5.8%	9.8%	9.8%
Net margin	0.9%	0.1%	0.7%	1.5%
Current ratio	1.97×	2.14×	1.71×	0×
Debt / equity	7.92×	4.62×	4.37×	0×
Interest coverage	1.04×	0.81×	1.14×	1.42×
Dividend yield	0.4%	0.1%	0.1%	0.0%
Payout ratio	92.5%	346.2%	28.9%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	7.6%	0.3%	2.0%	0.0%
Return on invested capital	4.2%	2.1%	4.3%	0.0%
Return on assets	0.7%	0.0%	0.4%	0.0%
Free cash flow yield	-20.8%	-18.3%	-12.3%	-14.6%
Earnings yield	0.5%	0.0%	0.2%	0.3%
Enterprise value	$12.5B	$11.8B	$11.7B	$0
Net debt / EBITDA	5.51×	5.98×	6.51×	0×
Cash conversion cycle (days)	97	85	99	0