Plumas Bancorp (PLBC) 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

+226.0%

$210.04

vs $64.43 price

Levered DCF

$206.73

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.44

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	9.72×	9.74×	8.14×	8.18×	8.85×	8.39×	8.76×	8.29×
P/B	1.1×	1.57×	1.65×	1.82×	1.39×	1.21×	1.61×	1.73×
P/S	2.66×	3.82×	2.86×	3.07×	3.29×	2.54×	2.88×	2.7×
EV / EBITDA	8.37×	6.38×	6.51×	1.65×	-5.54×	-1.59×	5.08×	4.6×
Gross margin	80.9%	83.8%	91.1%	96.4%	96.0%	90.8%	93.1%	94.8%
Operating margin	36.6%	53.5%	47.4%	50.6%	50.4%	41.7%	45.3%	44.4%
Net margin	27.4%	39.3%	35.1%	37.5%	37.2%	30.2%	32.9%	32.5%
Current ratio	0.25×	0.37×	0.42×	0.45×	0.49×	0.38×	0.29×	0.31×
Debt / equity	0.57×	0.35×	0.79×	0.24×	0.21×	0.29×	0.31×	0.35×
Interest coverage	2.85×	3.67×	8.38×	28.56×	25.08×	16.25×	12.24×	15.47×
Dividend yield	2.7%	2.3%	2.4%	1.7%	1.7%	1.5%	1.7%	1.6%
Payout ratio	26.1%	22.2%	19.7%	14.1%	14.7%	12.9%	15.3%	13.2%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	11.3%	16.1%	20.2%	22.2%	15.7%	14.5%	18.4%	20.9%
Return on invested capital	6.9%	11.3%	10.7%	17.9%	13.0%	11.2%	14.0%	15.5%
Return on assets	1.3%	1.8%	1.8%	1.6%	1.3%	1.3%	1.8%	1.7%
Free cash flow yield	7.0%	10.7%	14.9%	24.9%	-5.0%	18.9%	10.4%	10.1%
Earnings yield	10.3%	10.3%	12.3%	12.2%	11.3%	11.9%	11.4%	12.1%
Enterprise value	$355.1M	$258.4M	$272.8M	$61.9M	-$167.1M	-$34.1M	$115.4M	$92.7M
Net debt / EBITDA	1.59×	-0.5×	0.73×	-4.11×	-11.7×	-7.28×	-0.91×	-1.16×
Cash conversion cycle (days)	0	0	0	-1,947	-1,978	-545	-680	-1,099