PureCycle Technologies, Inc. (PCT) 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

-187.8%

-$2.85

vs $3.25 price

Levered DCF

-$3.26

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-0.84

Distress zone

Rating

D+

Overall 1 / 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	-7.95×	-5.63×	-6.53×	-12.52×	-12.76×	-8.23×	-60×	-293.95×
P/B	33.57×	9.04×	1.58×	2.06×	2.58×	4.15×	507.07×	194.85×
P/S	184.37×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-25.87×	-10.22×	-22.31×	-15.6×	-17.27×	-14.07×	-71.86×	0×
Gross margin	-1611.3%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	-1991.2%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	-2185.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	2.26×	0.59×	2.92×	6.17×	8.98×	1.96×	0.27×	0.14×
Debt / equity	16.91×	2.24×	1.29×	0.49×	0.61×	2.35×	8.36×	2.36×
Interest coverage	-2.58×	-2.56×	-3.63×	-35.17×	-10.46×	-4.68×	-17.75×	0×
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	-397.9%	-160.2%	-24.2%	-16.6%	-20.3%	-47.4%	-840.1%	-66.3%
Return on invested capital	-19.5%	-19.8%	-11.5%	-9.9%	-11.1%	-9.9%	-60.5%	-19.7%
Return on assets	-19.8%	-36.2%	-9.8%	-9.8%	-11.7%	-13.0%	-60.1%	-15.9%
Free cash flow yield	-11.9%	-12.3%	-37.5%	-33.5%	-19.5%	-10.3%	-1.0%	-1.4%
Earnings yield	-11.9%	-17.7%	-15.3%	-8.0%	-7.9%	-11.4%	-1.7%	-0.3%
Enterprise value	$2.2B	$2B	$1.1B	$1.2B	$1.2B	$661.2M	$1.2B	$1.2B
Net debt / EBITDA	-7.42×	-1.97×	-9.25×	-2.34×	-2.9×	-4.21×	-1.16×	0×
Cash conversion cycle (days)	88	16	81	-23	-48	-45	-145	-1,438