EverQuote, Inc. (EVER) 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

-123.0%

-$5.59

vs $24.27 price

Levered DCF

$28.31

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

—

Rating

Overall 4 / 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	9.82×	21.73×	-7.95×	-19.14×	-23.37×	-91.1×	-122.68×	-5.16×
P/B	4.1×	5.17×	5.05×	4.34×	5.35×	14.38×	17.09×	1.64×
P/S	1.41×	1.4×	1.42×	1.15×	1.09×	2.94×	3.56×	0.43×
EV / EBITDA	13.45×	15.15×	-16.65×	-19.14×	-27.17×	-162.75×	-180.92×	-2.31×
Gross margin	97.2%	95.8%	92.2%	94.1%	94.3%	93.8%	93.6%	92.9%
Operating margin	9.6%	6.3%	-18.1%	-6.1%	-5.2%	-3.4%	-3.2%	-8.5%
Net margin	14.3%	6.4%	-17.8%	-6.0%	-4.6%	-3.2%	-2.9%	-8.4%
Current ratio	2.94×	2.36×	2.31×	1.78×	1.79×	2.08×	2.22×	2.83×
Debt / equity	0.01×	0.03×	0.03×	0.06×	0.1×	0.15×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	-69.91×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	41.7%	23.8%	-63.4%	-22.7%	-22.8%	-15.8%	-13.7%	-31.9%
Return on invested capital	27.6%	21.6%	-62.6%	-21.7%	-19.6%	-13.8%	-15.2%	-31.3%
Return on assets	30.4%	15.3%	-46.2%	-15.6%	-13.5%	-8.7%	-7.8%	-21.0%
Free cash flow yield	9.3%	8.9%	-1.6%	-4.3%	0.9%	0.7%	0.2%	-7.9%
Earnings yield	10.2%	4.6%	-12.6%	-5.2%	-4.3%	-1.1%	-0.8%	-19.5%
Enterprise value	$883M	$601.3M	$372.4M	$441.6M	$428.9M	$988.6M	$838.8M	$29.1M
Net debt / EBITDA	-1.41×	-2.48×	1.6×	1.06×	1.69×	5.3×	9.93×	3.31×
Cash conversion cycle (days)	-324	-999	-247	-428	-412	-510	-496	-487