OppFi Inc. (OPFI) 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

+2138.3%

$124.79

vs $5.58 price

Levered DCF

$465.65

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

3.7

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	FY2020	FY2019	FY2018
P/E	10.57×	21.28×	-83.52×	4.02×	2.35×	1.71×	3.88×	0×
P/B	4.74×	4.71×	8.04×	-57.74×	-6.64×	1.33×	3.41×	0×
P/S	0.46×	0.29×	0.16×	0.06×	0.17×	0.45×	1.19×	0×
EV / EBITDA	1.45×	1.38×	1.38×	1.54×	3.07×	2.56×	78.24×	0×
Gross margin	83.2%	80.0%	78.9%	79.0%	74.6%	84.8%	100.0%	100.0%
Operating margin	64.1%	18.0%	9.1%	-1.4%	16.3%	26.6%	30.8%	38.2%
Net margin	4.4%	1.4%	-0.2%	1.6%	7.3%	26.6%	30.8%	17.9%
Current ratio	7.44×	9.43×	10.48×	9.24×	7.75×	6.03×	1.09×	0×
Debt / equity	5.69×	10.13×	33.45×	-736.07×	-30.31×	1.59×	5.98×	0×
Interest coverage	0×	0.52×	0.99×	-0.18×	417.93×	4.02×	0×	0×
Dividend yield	23.4%	1.5%	12.2%	4.6%	85.0%	11.9%	7.4%	0.0%
Payout ratio	246.5%	32.7%	-1017.9%	18.4%	199.7%	20.4%	28.7%	24.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	45.0%	22.1%	-9.6%	-1436.8%	-282.7%	78.0%	88.1%	0.0%
Return on invested capital	53.6%	15.5%	8.0%	-1.2%	12.2%	30.1%	12.2%	0.0%
Return on assets	3.5%	1.1%	-0.2%	1.2%	5.1%	27.1%	11.5%	0.0%
Free cash flow yield	137.8%	201.4%	342.2%	806.5%	254.9%	137.3%	111.3%	0.0%
Earnings yield	9.5%	4.7%	-1.2%	24.9%	42.6%	58.7%	25.8%	0.0%
Enterprise value	$560.6M	$425M	$401.3M	$375.9M	$309M	$264.6M	$334.9M	$0
Net debt / EBITDA	0.73×	0.88×	1.09×	1.42×	2.48×	1.28×	48.38×	0×
Cash conversion cycle (days)	324	327	319	346	379	267	0	0