Franklin Covey Co. (FC) 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

-12.3%

$15.83

vs $18.05 price

Levered DCF

$52.13

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.82

Grey 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	81.5×	22.62×	32.82×	36.59×	44.81×	-29.03×	-501.91×	-59.53×
P/B	3.78×	6.38×	7.4×	8.13×	7.67×	4.61×	6.26×	4.35×
P/S	0.95×	1.85×	2.07×	2.56×	2.73×	1.38×	2.28×	1.67×
EV / EBITDA	12.07×	10.54×	13.98×	16.68×	25.1×	19.28×	36.65×	50.2×
Gross margin	76.2%	77.0%	76.1%	76.8%	77.1%	73.3%	70.7%	70.7%
Operating margin	2.1%	11.5%	9.4%	9.0%	3.6%	1.5%	1.2%	-1.6%
Net margin	1.1%	8.1%	6.3%	7.0%	6.1%	-4.8%	-0.5%	-2.8%
Current ratio	0.82×	0.99×	0.96×	1.01×	1×	0.99×	1.15×	1.06×
Debt / equity	0.12×	0.07×	0.19×	0.29×	0.41×	0.62×	0.48×	0.56×
Interest coverage	10.1×	29.53×	16.65×	14.13×	3.86×	1.32×	1.13×	-1.26×
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	4.6%	28.1%	22.6%	22.3%	17.1%	-15.9%	-1.2%	-7.3%
Return on invested capital	3.3%	22.7%	17.5%	17.3%	6.6%	-32.8%	-3.6%	-2.6%
Return on assets	1.3%	8.9%	7.2%	7.1%	5.5%	-4.6%	-0.5%	-2.8%
Free cash flow yield	4.8%	10.7%	3.8%	7.0%	6.9%	6.7%	4.6%	2.1%
Earnings yield	1.2%	4.4%	3.1%	2.7%	2.2%	-3.4%	-0.2%	-1.7%
Enterprise value	$229M	$487.6M	$559.1M	$636.7M	$597.9M	$283.7M	$524.4M	$385.6M
Net debt / EBITDA	-1.26×	-0.92×	-0.57×	-0.95×	-0.61×	0.65×	0.79×	4.57×
Cash conversion cycle (days)	73	88	94	57	83	86	84	86