GoDaddy Inc. (GDDY) 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

+21.3%

$143.84

vs $118.60 price

Levered DCF

$211.58

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

1.56

Distress 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	FY2021	FY2020	FY2019	FY2018
P/E	19.57×	29.77×	11.45×	33.7×	58.93×	-28.31×	85.97×	152.6×
P/B	79.66×	40.28×	253.1×	-35.81×	174.4×	-1,084.37×	15.26×	15.01×
P/S	3.46×	6.1×	3.7×	2.9×	3.73×	4.22×	3.94×	4.47×
EV / EBITDA	15.87×	28.97×	25.49×	21.63×	29.45×	-82.15×	31.16×	32.99×
Gross margin	63.6%	63.9%	63.0%	63.7%	64.0%	65.1%	65.6%	66.4%
Operating margin	22.8%	19.5%	12.9%	12.2%	10.0%	8.2%	6.8%	5.6%
Net margin	17.7%	20.5%	32.3%	8.6%	6.4%	-14.9%	4.6%	2.9%
Current ratio	0.61×	0.72×	0.47×	0.64×	0.78×	0.56×	0.79×	0.76×
Debt / equity	17.96×	5.63×	63.27×	-12×	49.72×	-257.57×	3.4×	3.04×
Interest coverage	7.47×	5.64×	3.06×	3.41×	3.03×	2.98×	2.2×	1.52×
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	406.8%	135.4%	2210.3%	-106.1%	296.6%	3838.0%	17.7%	9.7%
Return on invested capital	19.1%	16.0%	11.1%	10.8%	7.3%	6.5%	4.6%	3.6%
Return on assets	10.9%	11.4%	18.2%	5.1%	3.3%	-7.7%	2.2%	1.3%
Free cash flow yield	9.2%	4.5%	6.2%	7.7%	4.0%	4.9%	5.4%	3.9%
Earnings yield	5.1%	3.4%	8.7%	3.0%	1.7%	-3.5%	1.2%	0.6%
Enterprise value	$19.9B	$30.7B	$19.2B	$15.1B	$17.1B	$16.5B	$13.3B	$13.4B
Net debt / EBITDA	2.22×	2.65×	4.61×	4.6×	4.84×	-12.7×	3.65×	3.65×
Cash conversion cycle (days)	-8	-11	-28	-27	-17	-11	-22	-22