Lucyd, Inc (LUCY) 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

-2524.3%

-$20.15

vs $0.83 price

Levered DCF

-$20.12

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

-1.19

Distress zone

Rating

C+

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
P/E	-0.52×	-0.95×	-0.67×	-1.57×	-9.52×	-22.7×	-44.62×
P/B	0.44×	0.81×	0.8×	2.22×	148.89×	-32.64×	-24.21×
P/S	1.49×	4.5×	3.85×	13.56×	44.73×	305.91×	2,429.99×
EV / EBITDA	0.34×	-0.62×	-0.02×	-0.98×	-9.73×	-23.63×	-107.06×
Gross margin	21.3%	13.1%	-10.4%	-8.5%	21.5%	-30.3%	-60.4%
Operating margin	-319.2%	-484.2%	-594.9%	-845.2%	-464.1%	-1145.7%	-2269.8%
Net margin	-285.2%	-474.6%	-578.2%	-861.2%	-469.8%	-1347.8%	-2269.8%
Current ratio	9.03×	12.52×	8.99×	7.07×	1.04×	0.19×	0×
Debt / equity	0×	0×	0×	0.02×	1.39×	-1.12×	0×
Interest coverage	0×	0×	-2,258.08×	-53.02×	-81.28×	-131.5×	0×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-83.7%	-85.4%	-119.9%	-141.2%	-1563.5%	143.8%	22.6%
Return on invested capital	-93.4%	-87.1%	-122.5%	-134.3%	-645.5%	-999.2%	22.6%
Return on assets	-74.9%	-78.9%	-107.2%	-121.2%	-393.6%	-331.6%	0.0%
Free cash flow yield	-189.2%	-95.2%	-135.6%	-38.5%	-4.3%	-0.6%	0.0%
Earnings yield	-190.8%	-105.5%	-150.2%	-63.5%	-10.5%	-4.4%	-0.9%
Enterprise value	-$2.5M	$4.7M	$150.3K	$5.4M	$31.1M	$18M	$11.7M
Net debt / EBITDA	0.87×	0.35×	0.65×	0.64×	-0.07×	-0.75×	0×
Cash conversion cycle (days)	198	65	108	-31	96	189	0