Onterris, Inc. (ONT) 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

-105.3%

-$0.85

vs $16.18 price

Levered DCF

$11.68

After debt service

Piotroski score

5 / 9

Average

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	FY2018
P/E	-160.79×	-10.14×	-14.34×	-13.9×	-14.43×	-3.47×	-13.01×	-22.29×
P/B	1.75×	1.67×	2.11×	2.13×	1.9×	2.7×	5.48×	4.05×
P/S	0.95×	1.07×	1.08×	1.23×	1.1×	1.13×	2.4×	2.49×
EV / EBITDA	13.93×	39.12×	27.05×	24.06×	16.13×	-85.34×	90.92×	39.99×
Gross margin	34.1%	39.9%	38.5%	35.4%	32.5%	34.3%	29.9%	28.6%
Operating margin	1.5%	-5.3%	-4.6%	-5.1%	-1.7%	-7.0%	-3.8%	-5.6%
Net margin	-0.1%	-8.9%	-4.9%	-5.8%	-4.6%	-17.7%	-10.1%	-8.7%
Current ratio	1.43×	1.5×	1.59×	2.22×	1.99×	1.2×	1×	1.27×
Debt / equity	0.8×	0.63×	0.65×	0.65×	0.65×	1.28×	1.48×	0.63×
Interest coverage	0.65×	-2.32×	-3.65×	-5.35×	-0.81×	-1.67×	-1.32×	-0.96×
Dividend yield	0.5%	1.5%	2.4%	2.5%	2.7%	1.9%	0.0%	0.0%
Payout ratio	-492.3%	-17.8%	-53.1%	-51.5%	-64.8%	-12.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-0.2%	-14.0%	-9.6%	-10.2%	-8.0%	-42.3%	-23.0%	-14.2%
Return on invested capital	-0.1%	-4.2%	-3.8%	-4.0%	-1.3%	-4.6%	-3.0%	-4.2%
Return on assets	-0.1%	-6.3%	-3.8%	-4.0%	-3.0%	-9.6%	-7.1%	-7.0%
Free cash flow yield	11.5%	0.1%	3.4%	1.6%	5.0%	-1.6%	2.2%	-1.5%
Earnings yield	-0.1%	-8.4%	-4.6%	-4.8%	-4.2%	-15.6%	-4.2%	-3.5%
Enterprise value	$1.1B	$1B	$863.7M	$780.6M	$660.6M	$512.5M	$707.5M	$541.5M
Net debt / EBITDA	4.26×	10.36×	5.86×	3.46×	1.44×	-23.57×	18.73×	5.22×
Cash conversion cycle (days)	73	84	70	77	71	81	67	73