Laird Superfood, Inc. (LSF) 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

-623.1%

-$13.71

vs $2.62 price

Levered DCF

-$10.75

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-0.27

Distress zone

Rating

C-

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	-7.16×	-43.78×	-0.83×	-0.19×	-4.9×	-18.13×	-340×	-23.86×
P/B	2.04×	5.94×	0.63×	0.34×	1.89×	3.3×	44.13×	10.21×
P/S	0.47×	1.81×	0.25×	0.21×	3.18×	10.18×	27.32×	26.43×
EV / EBITDA	-6.13×	-47.19×	-0.13×	0.41×	-4.1×	-16.51×	-43.78×	-24.41×
Gross margin	37.9%	40.9%	30.1%	14.5%	25.6%	25.5%	38.8%	32.1%
Operating margin	-6.8%	-5.0%	-31.3%	-112.7%	-65.1%	-50.1%	-66.8%	-101.7%
Net margin	-6.5%	-4.2%	-29.7%	-112.6%	-64.8%	-49.8%	-64.9%	-102.0%
Current ratio	2.44×	3.03×	3.73×	3.69×	12.59×	27.7×	6.62×	17.7×
Debt / equity	0.01×	0.02×	0.03×	0.01×	0×	0×	0.01×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	-179.28×	-174.78×
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	-28.4%	-13.8%	-75.8%	-179.2%	-38.5%	-16.2%	-104.8%	-39.4%
Return on invested capital	-29.4%	-16.2%	-77.6%	-178.2%	-38.6%	-16.2%	-58.8%	-39.1%
Return on assets	-16.9%	-9.5%	-56.4%	-134.3%	-36.3%	-15.6%	-51.8%	-37.3%
Free cash flow yield	-12.2%	1.1%	-129.0%	-201.4%	-20.7%	-6.0%	-3.3%	-4.6%
Earnings yield	-13.9%	-2.3%	-120.1%	-525.0%	-20.4%	-4.9%	-2.4%	-3.9%
Enterprise value	$18.3M	$70.3M	$1.3M	-$9.5M	$94.1M	$205.5M	$357M	$201.9M
Net debt / EBITDA	1.73×	5.43×	0.73×	0.75×	1×	4.57×	0.12×	2.08×
Cash conversion cycle (days)	84	82	82	81	137	107	89	42