Flowco Holdings Inc. (FLOC) 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

-360.9%

-$50.59

vs $19.40 price

Levered DCF

$86.21

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

2.84

Grey zone

Rating

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022
P/E	12.25×	2.85×	45×	4.9×
P/B	2.21×	0.27×	19.51×	1.25×
P/S	0.67×	0.43×	10.73×	1.08×
EV / EBITDA	6.38×	6.96×	75.23×	9.79×
Gross margin	35.3%	33.6%	38.9%	38.3%
Operating margin	19.7%	21.8%	32.2%	28.7%
Net margin	5.4%	15.0%	23.9%	22.0%
Current ratio	3.34×	3.26×	4.46×	3.39×
Debt / equity	0.96×	0.81×	1.82×	1.74×
Interest coverage	7.91×	3.61×	4.13×	4.6×
Dividend yield	7.0%	100.7%	2.0%	23.1%
Payout ratio	85.2%	287.2%	90.4%	113.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	18.1%	9.6%	43.4%	25.6%
Return on invested capital	9.4%	7.6%	20.7%	12.1%
Return on assets	2.5%	5.1%	14.8%	8.9%
Free cash flow yield	33.0%	38.7%	1.5%	-25.2%
Earnings yield	8.2%	35.0%	2.2%	20.4%
Enterprise value	$1.9B	$1.5B	$9.2B	$770.9M
Net debt / EBITDA	0.71×	3.22×	2×	2.83×
Cash conversion cycle (days)	142	205	128	149