Massimo Group Common Stock (MAMO) 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

+113.4%

$2.05

vs $0.96 price

Levered DCF

$0.95

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

3.45

Safe zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
P/E	99.5×	59.77×	12.04×	30.1×	27.36×
P/B	6.98×	4.92×	8.58×	24.52×	9.63×
P/S	2.31×	0.98×	1.08×	1.44×	1.51×
EV / EBITDA	74.88×	41.58×	10.06×	27.33×	24.39×
Gross margin	37.5%	29.7%	31.2%	25.7%	20.6%
Operating margin	2.8%	4.6%	11.2%	5.3%	5.3%
Net margin	2.1%	1.6%	9.1%	4.8%	5.7%
Current ratio	1.79×	1.69×	2.04×	1.11×	1.54×
Debt / equity	0.4×	0.7×	0.68×	3.56×	0.57×
Interest coverage	43.66×	51.18×	24.91×	5.56×	9.63×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	6.4%	8.1%	71.9%	82.1%	36.6%
Return on invested capital	4.4%	10.0%	44.1%	19.9%	21.5%
Return on assets	2.9%	3.2%	24.8%	11.3%	13.1%
Free cash flow yield	-0.5%	5.9%	8.7%	0.3%	-1.2%
Earnings yield	0.9%	1.7%	8.4%	3.3%	3.8%
Enterprise value	$169.3M	$111.7M	$133.4M	$141.4M	$130.4M
Net debt / EBITDA	1.63×	1.85×	0.68×	3.31×	1.15×
Cash conversion cycle (days)	177	101	102	101	91