Infinity Natural Resources, Inc. (INR) 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

-5977.2%

-$816.92

vs $13.90 price

Levered DCF

-$707.14

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.76

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
P/E	16.37×	5.66×	3.22×	4.1×
P/B	0.74×	0.55×	0.61×	1.87×
P/S	0.64×	1.08×	1.73×	1.95×
EV / EBITDA	2.18×	3.72×	2.95×	3.79×
Gross margin	53.9%	52.1%	47.0%	75.7%
Operating margin	3.3%	36.2%	32.6%	66.7%
Net margin	6.7%	19.0%	53.6%	47.6%
Current ratio	1.57×	0.64×	1.24×	0.51×
Debt / equity	0.49×	0.51×	0.38×	0.39×
Interest coverage	1.23×	4.35×	4.42×	37.09×
Dividend yield	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	7.7%	9.7%	18.9%	45.6%
Return on invested capital	1.0%	12.0%	8.3%	45.6%
Return on assets	1.9%	5.4%	12.6%	25.5%
Free cash flow yield	-74.3%	-28.1%	-118.3%	-11.0%
Earnings yield	10.5%	17.7%	31.0%	24.4%
Enterprise value	$375.7M	$537.9M	$449.7M	$337.4M
Net debt / EBITDA	0.86×	1.79×	1.12×	0.65×
Cash conversion cycle (days)	-16	-50	-61	-378