JELD-WEN Holding, Inc. (JELD) 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

-611.1%

-$6.08

vs $1.19 price

Levered DCF

-$12.52

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

0.84

Distress zone

Rating

B-

Overall 2 / 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	-0.34×	-3.69×	25.86×	17.87×	14.1×	27.87×	37.16×	10.3×
P/B	2.23×	1.12×	1.89×	1.12×	2.82×	2.55×	2.9×	1.93×
P/S	0.07×	0.18×	0.37×	0.18×	0.57×	0.6×	0.55×	0.34×
EV / EBITDA	-5.31×	84.1×	8.98×	10.36×	10.68×	11.69×	11.84×	8.7×
Gross margin	16.0%	18.2%	19.3%	17.3%	19.7%	21.3%	20.3%	21.3%
Operating margin	-1.3%	-3.3%	3.3%	1.3%	5.2%	4.5%	4.4%	4.0%
Net margin	-19.3%	-5.0%	1.5%	1.0%	4.0%	2.2%	1.5%	3.3%
Current ratio	1.77×	1.92×	2.2×	2.16×	1.96×	2.03×	1.62×	1.72×
Debt / equity	15.81×	2.13×	1.62×	2.6×	2.28×	1.98×	2.13×	1.92×
Interest coverage	-0.6×	-1.88×	1.96×	0.72×	2.81×	2.52×	2.65×	2.44×
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	-658.8%	-30.5%	7.3%	6.3%	20.0%	9.1%	7.8%	18.8%
Return on invested capital	-2.6%	-6.1%	1.7%	0.9%	6.4%	4.6%	3.7%	7.1%
Return on assets	-29.5%	-7.2%	2.1%	1.3%	4.5%	2.3%	1.9%	4.7%
Free cash flow yield	-59.4%	-8.0%	15.3%	-6.5%	3.9%	10.1%	8.5%	6.8%
Earnings yield	-295.9%	-27.2%	3.9%	5.6%	7.1%	3.6%	2.7%	9.7%
Enterprise value	$1.6B	$1.9B	$2.7B	$2.5B	$3.9B	$3.8B	$3.9B	$2.8B
Net debt / EBITDA	-4.59×	52.75×	3.63×	7.03×	4.17×	3.85×	4.61×	4.16×
Cash conversion cycle (days)	69	61	66	73	70	68	62	69