GBank Financial Holdings Inc. (GBFH) 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

+385.0%

$74.29

vs $15.32 price

Levered DCF

$0.14

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

0.27

Distress zone

Rating

B-

Overall 3 / 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	23.21×	30.5×	16.35×	12.3×	11.28×	15.79×	20.45×	23.08×
P/B	2.92×	4.1×	1.82×	1.54×	1.63×	1.7×	2.57×	3.18×
P/S	4.42×	9.59×	3.03×	2.95×	3.22×	3.82×	5.14×	6.69×
EV / EBITDA	9.42×	15.64×	6.86×	1.31×	-4.43×	-3.01×	1.14×	8.29×
Gross margin	65.8%	38.2%	75.8%	89.5%	93.4%	87.7%	83.4%	93.0%
Operating margin	24.7%	39.8%	22.9%	31.0%	37.5%	32.5%	31.6%	36.4%
Net margin	19.1%	31.0%	18.5%	24.0%	28.5%	24.3%	25.0%	28.6%
Current ratio	0.24×	0.21×	0.13×	0.25×	0.48×	0.4×	0.35×	0.31×
Debt / equity	0.19×	0.22×	0.62×	0.33×	0.37×	0.18×	0×	0×
Interest coverage	0.81×	0.82×	1.03×	4.1×	9.82×	6.17×	3.27×	7.99×
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	12.6%	13.2%	11.1%	12.5%	14.5%	10.8%	12.5%	13.6%
Return on invested capital	9.7%	4.1%	6.3%	9.0%	10.1%	9.2%	12.2%	13.6%
Return on assets	1.5%	1.7%	1.2%	1.6%	1.8%	1.5%	1.5%	2.0%
Free cash flow yield	0.0%	4.6%	-21.2%	7.1%	-9.9%	24.9%	-7.9%	-6.2%
Earnings yield	4.3%	3.2%	6.1%	8.1%	8.9%	6.4%	4.9%	4.3%
Enterprise value	$318.8M	$483.3M	$142.3M	$26.1M	-$84.8M	-$29.4M	$8.1M	$52.1M
Net debt / EBITDA	-4.89×	-3.02×	-1.76×	-5.4×	-10.91×	-14.22×	-14.18×	-9.16×
Cash conversion cycle (days)	0	0	0	-228	-246	-521	-476	-1,100