Fifth District Savings Bank (FDSB) 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

-25.1%

$13.17

vs $17.57 price

Levered DCF

$7.26

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.66

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022
P/E	18.99×	-60.1×	73.21×	19.71×
P/B	0.59×	0.51×	0.73×	0.75×
P/S	2.91×	3.35×	3.28×	3.71×
EV / EBITDA	14.86×	-36.07×	27.9×	8.83×
Gross margin	65.2%	58.5%	65.3%	89.5%
Operating margin	15.8%	-7.4%	5.4%	23.6%
Net margin	15.4%	-5.6%	4.6%	19.0%
Current ratio	0.02×	0.1×	0.23×	0.25×
Debt / equity	0×	0×	0.05×	0×
Interest coverage	0.45×	-0.16×	0.15×	2.24×
Dividend yield	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	3.2%	-0.9%	1.0%	3.8%
Return on invested capital	2.9%	-0.8%	0.9%	3.4%
Return on assets	0.8%	-0.2%	0.2%	0.6%
Free cash flow yield	1.2%	-2.4%	-2.0%	5.1%
Earnings yield	5.3%	-1.7%	1.4%	5.1%
Enterprise value	$72.2M	$26.8M	$41.7M	$36.7M
Net debt / EBITDA	-1.03×	51.1×	-10.24×	-4.88×
Cash conversion cycle (days)	28	37	37	42