Personalis, Inc. (PSNL) 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

-125.4%

-$4.01

vs $15.76 price

Levered DCF

-$4.06

After debt service

Piotroski score

1 / 9

Weak

Altman Z-score

9.87

Safe zone

Rating

C-

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	-8.75×	-4.22×	-0.93×	-0.8×	-9.58×	-30.51×	-7.84×	-31.31×
P/B	2.72×	1.69×	0.78×	0.41×	2.02×	6.46×	1.84×	-5.83×
P/S	10.2×	4.05×	1.38×	1.39×	7.33×	16×	3.01×	16.41×
EV / EBITDA	-8.82×	-4.2×	-0.95×	-0.48×	-9.81×	-33.86×	-7.46×	-40.56×
Gross margin	22.7%	31.7%	24.8%	20.5%	37.0%	25.6%	33.9%	31.3%
Operating margin	-126.4%	-80.7%	-131.0%	-177.6%	-76.4%	-53.6%	-34.4%	-36.5%
Net margin	-116.7%	-96.1%	-147.4%	-174.2%	-76.3%	-52.5%	-38.5%	-52.6%
Current ratio	6.76×	6.52×	3.11×	6.03×	10.16×	5.43×	2.79×	0.51×
Debt / equity	0.15×	0.22×	0.37×	0.22×	0.19×	0.06×	0.02×	-0.05×
Interest coverage	-429.55×	-2,844.46×	-875.4×	-574.78×	-355.18×	-21,073×	-19.79×	-7.27×
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	-31.1%	-40.0%	-83.7%	-51.9%	-21.0%	-21.2%	-23.5%	18.7%
Return on invested capital	-29.1%	-27.5%	-51.4%	-43.2%	-17.6%	-20.4%	-20.6%	123.1%
Return on assets	-24.3%	-30.1%	-48.1%	-38.7%	-16.4%	-16.9%	-15.9%	-47.7%
Free cash flow yield	-11.2%	-13.7%	-66.4%	-132.7%	-13.1%	-3.6%	-13.5%	-0.4%
Earnings yield	-11.4%	-23.7%	-107.0%	-125.2%	-10.4%	-3.3%	-12.8%	-3.2%
Enterprise value	$626.1M	$295.3M	$91.9M	$50M	$579M	$1.2B	$143.3M	$605M
Net debt / EBITDA	1.19×	0.67×	0.1×	0.39×	0.8×	1.62×	2.76×	0.99×
Cash conversion cycle (days)	39	20	27	48	44	-6	-32	-19