Outdoor Holding Company (POWW) 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

-26.9%

$1.76

vs $2.41 price

Levered DCF

$1.12

After debt service

Piotroski score

8 / 9

Strong

Altman Z-score

5.34

Safe zone

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-35.7×	-1.21×	-16.75×	-19.7×	17.78×	-42.29×	-6.09×	-9.14×
P/B	1×	0.73×	0.89×	0.62×	1.44×	2.03×	4.62×	3.64×
P/S	4.6×	3.29×	5.87×	3.66×	2.24×	5.22×	6.02×	23.55×
EV / EBITDA	13.14×	-2.95×	38.21×	13.72×	11.34×	2,965.28×	-10.91×	-11.02×
Gross margin	59.1%	86.9%	85.8%	85.6%	36.9%	18.2%	-24.9%	-5.0%
Operating margin	-1.6%	-120.9%	-11.9%	3.7%	11.9%	-8.6%	-93.6%	-196.7%
Net margin	-6.9%	-264.8%	-30.8%	-13.9%	10.8%	-12.5%	-98.5%	-256.4%
Current ratio	3.96×	1.16×	4.25×	5.04×	3.62×	12.04×	0.75×	1.92×
Debt / equity	0.05×	0.01×	0.04×	0.04×	0.01×	0.07×	0.74×	0.35×
Interest coverage	0.46×	-726.68×	-14.43×	3.75×	44.73×	-1.79×	-19.24×	-14.71×
Dividend yield	1.2%	1.8%	0.9%	1.3%	0.5%	0.0%	0.0%	0.0%
Payout ratio	-82.7%	-2.3%	-17.9%	-33.8%	9.8%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-1.5%	-58.9%	-4.6%	-2.3%	6.9%	-4.9%	-75.6%	-39.7%
Return on invested capital	-0.3%	-25.3%	-1.5%	0.6%	6.9%	-3.1%	-39.4%	-22.0%
Return on assets	-1.3%	-44.0%	-4.1%	-2.1%	6.2%	-4.4%	-35.4%	-26.9%
Free cash flow yield	-0.6%	-8.3%	9.5%	10.0%	-3.2%	-6.7%	-6.5%	-9.1%
Earnings yield	-1.5%	-80.6%	-5.2%	-3.8%	4.8%	-2.4%	-16.4%	-10.9%
Enterprise value	$178.4M	$133.7M	$274.4M	$206.6M	$521M	$218.1M	$102.4M	$115.8M
Net debt / EBITDA	-4.19×	0.63×	-5.92×	-1.61×	-0.39×	-1,464.66×	-1.43×	-0.78×
Cash conversion cycle (days)	-201	-945	1,499	1,622	144	135	59	317