Peoples Bancorp of North Carolina, Inc. (PEBK) 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

+55.5%

$69.20

vs $44.50 price

Levered DCF

$84.14

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-0.5

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	12.31×	10.15×	10.78×	11.07×	10.18×	11.81×	13.86×	10.97×
P/B	1.55×	1.27×	1.38×	1.7×	1.08×	0.96×	1.45×	1.19×
P/S	2.13×	1.69×	1.95×	2.52×	2.41×	2.08×	3.07×	2.55×
EV / EBITDA	7.18×	5.29×	8.34×	6.66×	-2.7×	0.98×	8.95×	8.85×
Gross margin	77.7%	73.0%	78.2%	93.2%	96.8%	87.5%	92.7%	94.9%
Operating margin	22.6%	21.4%	23.2%	28.7%	29.6%	21.4%	27.1%	27.8%
Net margin	17.3%	16.7%	18.1%	22.8%	23.7%	17.6%	22.2%	23.3%
Current ratio	0.18×	0.2×	0.32×	0.37×	0.48×	0.34×	0.26×	0.27×
Debt / equity	0.12×	0.15×	0.88×	0.65×	0.4×	0.32×	0.32×	0.64×
Interest coverage	1.05×	0.79×	1.16×	6.11×	5.91×	3.61×	4.58×	7.46×
Dividend yield	2.1%	3.0%	3.0%	2.8%	2.5%	3.3%	2.0%	2.1%
Payout ratio	26.5%	30.9%	32.9%	30.6%	25.1%	38.7%	28.0%	23.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	12.6%	12.5%	12.8%	15.3%	10.6%	8.1%	10.5%	10.8%
Return on invested capital	10.3%	9.8%	6.4%	9.3%	7.6%	6.1%	7.9%	6.6%
Return on assets	1.2%	1.0%	1.0%	1.0%	0.9%	0.8%	1.2%	1.2%
Free cash flow yield	8.2%	12.1%	12.4%	10.1%	17.1%	5.0%	5.3%	10.5%
Earnings yield	8.1%	9.9%	9.3%	9.0%	9.8%	8.5%	7.2%	9.1%
Enterprise value	$205.3M	$126M	$192.2M	$175.3M	-$66.2M	$17.6M	$189.4M	$182.1M
Net debt / EBITDA	-1.37×	-1.67×	1.07×	-0.12×	-8.99×	-6.46×	-0.26×	1.72×
Cash conversion cycle (days)	0	0	0	-731	-2,007	-350	-756	-1,588