Network-1 Technologies, Inc. (NTIP) 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

-63.0%

$0.58

vs $1.58 price

Levered DCF

$0.58

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

21.73

Safe zone

Rating

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	-11.91×	-10.23×	-35.62×	-22.54×	4.78×	-52.71×	-31.14×	6.97×
P/B	0.76×	0.7×	1.02×	0.95×	1.13×	1.8×	0.98×	0.91×
P/S	199.54×	309.23×	19.94×	0×	1.89×	20.12×	17.21×	2.4×
EV / EBITDA	-16.25×	-5.44×	-23.11×	-28.78×	1.24×	-97.52×	-15.31×	3.63×
Gross margin	72.0%	72.0%	66.4%	0.0%	66.3%	95.0%	71.0%	63.5%
Operating margin	-2204.0%	-3621.0%	-85.9%	0.0%	54.4%	-54.8%	-77.5%	41.5%
Net margin	-1613.3%	-3034.0%	-56.0%	0.0%	39.6%	-38.8%	-59.0%	34.9%
Current ratio	48.19×	53.31×	55.5×	30.51×	14.55×	22.14×	31.08×	26.95×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	7.7%	7.7%	4.6%	4.7%	3.5%	2.8%	4.6%	4.6%
Payout ratio	-94.9%	-78.0%	-162.7%	-105.5%	16.9%	-144.6%	-134.8%	31.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-6.1%	-6.8%	-2.9%	-4.2%	23.7%	-3.5%	-3.3%	13.2%
Return on invested capital	-8.4%	-7.1%	-3.4%	-6.9%	24.6%	-4.9%	-4.4%	12.1%
Return on assets	-6.0%	-6.7%	-2.8%	-4.0%	22.0%	-3.3%	-3.3%	12.8%
Free cash flow yield	-2.9%	-3.5%	0.6%	-11.4%	28.5%	-0.6%	-1.4%	15.1%
Earnings yield	-8.1%	-9.8%	-2.8%	-4.4%	21.0%	-1.9%	-3.4%	14.5%
Enterprise value	$16.5M	$17.8M	$35M	$39.1M	$23.6M	$63.1M	$29.7M	$34.3M
Net debt / EBITDA	13.18×	4.01×	11.14×	9.76×	-2.34×	39.42×	11.61×	-1.98×
Cash conversion cycle (days)	-2,199	-2,646	-52	0	-14	-990	-133	1,646