Oak Valley Bancorp (OVLY) 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

+163.5%

$91.84

vs $34.85 price

Levered DCF

$116.27

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 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	10.37×	9.62×	7.97×	8.09×	8.66×	9.89×	12.64×	12.8×
P/B	1.19×	1.31×	1.48×	1.46×	0.99×	1.04×	1.4×	1.49×
P/S	3.03×	2.69×	2.81×	2.77×	2.57×	2.65×	3.31×	3.29×
EV / EBITDA	1.41×	3.06×	1.58×	-7.48×	-26.01×	-3.09×	1.34×	1.9×
Gross margin	99.0%	87.4%	93.3%	100.3%	99.4%	93.5%	95.6%	95.2%
Operating margin	37.5%	36.0%	46.2%	44.5%	39.2%	34.8%	35.0%	34.2%
Net margin	29.3%	27.9%	35.3%	34.3%	29.6%	26.9%	26.2%	25.7%
Current ratio	0.23×	0.13×	0.43×	0.52×	0.55×	0.3×	0.32×	0.33×
Debt / equity	0×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	2.3×	2.5×	8.29×	26.53×	22.32×	15.39×	10.64×	9.56×
Dividend yield	2.0%	1.6%	1.1%	1.3%	1.7%	1.7%	1.4%	1.4%
Payout ratio	21.0%	15.0%	8.6%	10.8%	14.6%	16.8%	17.7%	18.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.5%	13.6%	18.6%	18.1%	11.5%	10.6%	11.1%	11.6%
Return on invested capital	10.4%	12.2%	16.1%	18.1%	11.5%	10.6%	11.1%	11.8%
Return on assets	1.2%	1.3%	1.7%	1.2%	0.8%	0.9%	1.1%	1.1%
Free cash flow yield	9.9%	9.9%	12.7%	11.7%	7.2%	13.0%	10.0%	8.7%
Earnings yield	9.7%	10.4%	12.6%	12.4%	11.5%	10.1%	7.9%	7.8%
Enterprise value	$44.7M	$101.9M	$65.3M	-$230.8M	-$593.6M	-$58.6M	$23.9M	$31.5M
Net debt / EBITDA	-6.39×	-4.16×	-4.35×	-13.48×	-32.22×	-10.22×	-7.53×	-7.04×
Cash conversion cycle (days)	16	35	35	43,374	-16,159	-1,497	-2,614	-1,549