Private Bancorp of America, Inc. (PBAM) 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

+88.7%

$162.10

vs $85.91 price

Levered DCF

$166.97

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.49

Distress zone

Rating

A-

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	8.18×	9.25×	4.87×	7.34×	7.19×	9.54×	-272.67×	27.65×
P/B	1.25×	1.47×	1.06×	1.26×	1.16×	0.94×	1.22×	1.37×
P/S	1.92×	1.24×	4.36×	1.96×	2×	1.63×	2.2×	3.17×
EV / EBITDA	3.39×	4.17×	2.49×	1.71×	0.72×	-5.3×	1,316.89×	20.7×
Gross margin	69.2%	39.3%	165.0%	90.8%	90.2%	79.8%	61.8%	83.0%
Operating margin	33.6%	19.7%	128.5%	38.2%	40.0%	25.2%	-1.1%	16.3%
Net margin	23.6%	13.5%	90.0%	27.0%	28.2%	17.5%	-0.8%	11.5%
Current ratio	0.17×	0.15×	0.15×	0.15×	0.19×	0.28×	0.21×	0.21×
Debt / equity	0.11×	0.24×	0.67×	0.13×	0.22×	0.86×	1.13×	0.75×
Interest coverage	1.23×	0.96×	1.65×	5.63×	6.53×	2.28×	-0.07×	1.34×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	15.4%	16.0%	22.0%	17.2%	16.4%	10.1%	-0.4%	4.9%
Return on invested capital	13.0%	12.3%	15.0%	14.8%	13.0%	5.4%	-0.2%	2.8%
Return on assets	1.6%	1.5%	1.9%	1.3%	1.4%	0.8%	-0.0%	0.5%
Free cash flow yield	13.1%	10.9%	16.5%	26.1%	5.0%	46.5%	6.3%	4.9%
Earnings yield	12.3%	10.9%	20.7%	13.7%	14.1%	10.7%	-0.4%	3.6%
Enterprise value	$199.7M	$218.2M	$144.9M	$61.3M	$22.3M	-$87.4M	$113.3M	$131.2M
Net debt / EBITDA	-2.21×	-2.12×	-0.91×	-3.31×	-4.12×	-11.47×	-39.92×	2.69×
Cash conversion cycle (days)	18	11	60	-783	-740	-394	-114	-204