loanDepot, Inc. (LDI) 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

-6949.5%

-$41.63

vs $0.61 price

Levered DCF

-$102.24

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-0.22

Distress zone

Rating

D+

Overall 1 / 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	-6.9×	-3.85×	-5.59×	-0.94×	5.78×	1.38×	81.48×	-31.43×
P/B	1.86×	1.39×	1.74×	0.59×	1.26×	0×	0×	0.94×
P/S	0.28×	0.34×	0.59×	0.18×	0.18×	0.64×	2.01×	2.86×
EV / EBITDA	21.42×	-27.54×	-22.15×	-7.22×	13.47×	5.36×	75.28×	-84.25×
Gross margin	88.3%	70.5%	70.1%	70.8%	91.9%	95.3%	87.0%	87.4%
Operating margin	13.2%	-21.7%	-26.7%	-48.9%	17.7%	46.4%	2.4%	-9.1%
Net margin	-4.1%	-8.8%	-10.6%	-19.3%	3.0%	0.0%	0.0%	0.0%
Current ratio	0.12×	0.18×	0.31×	0.29×	0.07×	0.06×	0.06×	2.1×
Debt / equity	21.48×	19.91×	14.11×	11.84×	18.18×	0×	0×	0.74×
Interest coverage	0.63×	-0.72×	-0.91×	-2.51×	2.24×	11.23×	0.19×	-0.71×
Dividend yield	0.6%	0.9%	0.5%	46.3%	70.3%	23.1%	0.3%	0.0%
Payout ratio	-3.9%	-3.3%	-2.7%	-43.7%	408.1%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-26.7%	-36.0%	-31.2%	-63.0%	21.7%	0.0%	0.0%	0.0%
Return on invested capital	42.9%	-3.3%	-4.0%	-9.6%	5.4%	19.3%	0.7%	-2.6%
Return on assets	-0.9%	-1.5%	-1.8%	-4.1%	1.0%	0.0%	0.0%	0.0%
Free cash flow yield	-168.2%	-233.6%	-31.6%	1715.9%	-230.6%	-74.3%	-54.3%	-14.5%
Earnings yield	-14.3%	-26.0%	-17.9%	-106.0%	17.2%	0.0%	0.0%	0.0%
Enterprise value	$5.1B	$5.4B	$4.9B	$4.5B	$9.8B	$11.1B	$7.1B	$5.7B
Net debt / EBITDA	19.6×	-25.6×	-19.39×	-6.81×	12.56×	4.02×	45.71×	-36.01×
Cash conversion cycle (days)	-296	-181	-159	-160	-211	-258	-146	-9,118