Power Solutions International, Inc. (PSIX) 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

-66.3%

$15.60

vs $46.31 price

Levered DCF

$4.00

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

5.33

Safe 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	11.54×	9.88×	1.78×	6.12×	-1.42×	-3.3×	20.79×	-3.15×
P/B	7.37×	10.48×	-12.02×	-2.27×	-1.64×	12.38×	5.96×	-9.25×
P/S	1.82×	1.44×	0.1×	0.14×	0.15×	0.18×	0.31×	0.35×
EV / EBITDA	12.33×	8.92×	3.98×	8.61×	-7.54×	-15.67×	11.32×	-7.66×
Gross margin	25.4%	29.5%	23.1%	18.4%	9.0%	14.0%	18.3%	11.8%
Operating margin	15.2%	17.2%	9.6%	5.1%	-9.1%	-5.2%	3.2%	-7.4%
Net margin	15.8%	14.6%	5.7%	2.3%	-10.6%	-5.5%	1.5%	-11.0%
Current ratio	3.15×	1.12×	0.83×	0.8×	0.81×	0.85×	1.23×	0.98×
Debt / equity	0.86×	2.24×	-44.47×	-7.4×	-4.64×	24.44×	4.1×	-5.88×
Interest coverage	16.37×	7.13×	2.59×	1.89×	-5.69×	-3.8×	2.19×	-4.81×
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	63.8%	106.2%	-671.6%	-37.1%	115.3%	-376.9%	28.9%	294.6%
Return on invested capital	30.5%	35.7%	23.1%	11.4%	-23.4%	-10.5%	9.3%	-29.6%
Return on assets	25.6%	21.1%	9.3%	3.5%	-16.1%	-8.1%	2.6%	-18.9%
Free cash flow yield	1.1%	8.5%	139.1%	-14.8%	-92.3%	-13.2%	8.5%	-5.7%
Earnings yield	8.7%	10.1%	55.9%	16.4%	-70.5%	-30.4%	4.9%	-31.8%
Enterprise value	$1.4B	$774.5M	$198.5M	$269.4M	$257.6M	$200.3M	$286.8M	$281.2M
Net debt / EBITDA	0.94×	1.05×	3.04×	6.41×	-5.53×	-9.76×	4.61×	-2.98×
Cash conversion cycle (days)	111	109	84	112	99	134	100	81