Gen Digital Inc. (GEN) 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

+280.5%

$115.22

vs $30.28 price

Levered DCF

$100.73

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

1.43

Distress zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

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

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	11.88×	25.41×	23.58×	7.8×	18.71×	22.79×	19.46×	472.3×
P/B	4.43×	7.19×	6.67×	4.79×	-168.3×	-25.23×	1,124.83×	2.55×
P/S	2.31×	4.14×	3.75×	3.18×	5.6×	4.95×	4.52×	3.1×
EV / EBITDA	13.53×	11.66×	13.79×	12.96×	13.45×	13.19×	9.73×	49.48×
Gross margin	78.5%	80.3%	80.8%	82.2%	85.4%	85.8%	84.2%	77.8%
Operating margin	43.1%	40.9%	29.2%	36.4%	35.9%	35.1%	14.3%	8.0%
Net margin	19.5%	16.3%	16.0%	40.2%	29.9%	21.7%	156.1%	0.7%
Current ratio	0.4×	0.51×	0.5×	0.43×	0.74×	0.72×	1.17×	0.85×
Debt / equity	3.16×	3.66×	4.04×	4.46×	-41.17×	-7.39×	432.2×	0.78×
Interest coverage	3.79×	2.79×	1.66×	3.01×	7.98×	6.22×	1.81×	1.83×
Dividend yield	2.7%	1.9%	2.3%	3.0%	1.9%	3.0%	66.5%	1.5%
Payout ratio	32.1%	48.7%	53.2%	23.5%	36.2%	67.3%	192.5%	700.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	37.3%	28.3%	28.4%	60.6%	-898.9%	-110.8%	38870.0%	0.5%
Return on invested capital	10.6%	7.8%	8.4%	9.0%	16.4%	15.7%	4.2%	0.4%
Return on assets	6.2%	4.1%	3.8%	8.4%	12.0%	8.7%	50.3%	0.2%
Free cash flow yield	13.2%	7.4%	14.3%	7.1%	6.2%	5.5%	-8.4%	8.8%
Earnings yield	8.4%	3.9%	4.3%	12.7%	5.3%	4.4%	34.6%	0.2%
Enterprise value	$19.4B	$23.6B	$22.1B	$19.6B	$17.6B	$15.4B	$13.4B	$17.3B
Net debt / EBITDA	5.48×	3.61×	4.88×	5.99×	1.48×	2.37×	1.56×	7.6×
Cash conversion cycle (days)	-2	-20	-17	-27	-37	-31	-52	3