GoodRx Holdings, Inc. (GDRX) 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

+43.7%

$5.10

vs $3.55 price

Levered DCF

$3.14

After debt service

Piotroski score

7 / 9

Strong

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	31.73×	109.41×	-310.19×	-58.25×	-544.67×	-37.7×	420.83×	420.83×
P/B	1.57×	2.48×	3.61×	2.36×	16.11×	15.58×	-16.53×	-15.47×
P/S	1.21×	2.26×	3.66×	2.51×	17.97×	20.12×	46.32×	72.06×
EV / EBITDA	6.76×	12.27×	25.62×	28.9×	274.13×	-42.07×	127.75×	221.34×
Gross margin	92.8%	93.9%	91.1%	91.5%	93.7%	94.6%	96.4%	97.6%
Operating margin	11.0%	8.3%	-3.6%	0.2%	1.8%	-50.1%	36.0%	31.0%
Net margin	3.8%	2.1%	-1.2%	-4.3%	-3.4%	-53.3%	17.0%	17.6%
Current ratio	2.61×	5.32×	7.12×	12.05×	13.42×	18.24×	2.59×	4.4×
Debt / equity	0.88×	0.75×	0.93×	0.88×	0.84×	0.99×	-0.65×	-0.62×
Interest coverage	2.05×	1.24×	-0.48×	0.05×	0.57×	-9.88×	2.82×	3.48×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	7.5%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	3074.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	4.9%	2.3%	-1.2%	-4.0%	-3.0%	-41.3%	-6.1%	-3.8%
Return on invested capital	4.0%	2.7%	-0.3%	0.1%	0.9%	-18.8%	30.6%	21.3%
Return on assets	2.2%	1.2%	-0.6%	-2.0%	-1.6%	-20.0%	17.1%	13.9%
Free cash flow yield	17.0%	6.3%	3.0%	4.8%	1.1%	0.9%	0.4%	0.2%
Earnings yield	3.2%	0.9%	-0.3%	-1.7%	-0.2%	-2.6%	0.4%	0.2%
Enterprise value	$1.2B	$1.9B	$2.8B	$1.9B	$13.2B	$10.8B	$18.7B	$18.7B
Net debt / EBITDA	1.52×	0.62×	0.36×	-0.62×	-4.97×	1.03×	4.69×	8.15×
Cash conversion cycle (days)	-6	-33	-120	-41	-75	-62	-152	-384