Sturm, Ruger & Company, Inc. (RGR) 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

+12.4%

$49.73

vs $44.26 price

Levered DCF

$62.16

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

9.64

Safe zone

Rating

B+

Overall 3 / 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	-120.93×	19.76×	16.65×	10.1×	7.67×	12.59×	25.42×	18.23×
P/B	1.87×	1.89×	2.42×	2.82×	3.29×	4.3×	2.88×	3.51×
P/S	0.97×	1.13×	1.48×	1.5×	1.64×	2×	2×	1.87×
EV / EBITDA	32.49×	9.95×	9.71×	6.19×	5.05×	7.53×	10.86×	8.84×
Gross margin	16.4%	21.4%	24.6%	30.2%	38.3%	33.7%	24.3%	27.1%
Operating margin	-2.1%	5.9%	9.6%	17.4%	27.8%	20.9%	9.6%	13.5%
Net margin	-0.8%	5.7%	8.9%	14.8%	21.3%	15.9%	7.9%	10.3%
Current ratio	3.87×	4.25×	4.29×	2.22×	4.26×	2.87×	4.07×	3.26×
Debt / equity	0.01×	0.01×	0.01×	0.01×	0×	0.01×	0.01×	0×
Interest coverage	-123.53×	310.33×	254.07×	404.13×	1,238.63×	623.81×	205.08×	203.06×
Dividend yield	1.9%	2.0%	13.8%	4.8%	4.9%	10.0%	1.7%	2.1%
Payout ratio	-230.5%	38.7%	229.8%	48.4%	37.9%	126.0%	44.3%	37.7%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-1.5%	9.6%	14.5%	27.9%	42.9%	34.2%	11.3%	19.3%
Return on invested capital	-2.5%	7.9%	12.7%	26.2%	42.0%	33.4%	10.3%	18.8%
Return on assets	-1.3%	8.0%	12.1%	18.2%	35.2%	26.0%	9.3%	15.2%
Free cash flow yield	7.3%	5.7%	2.3%	5.5%	12.0%	10.5%	3.6%	11.8%
Earnings yield	-0.8%	5.1%	6.0%	9.9%	13.0%	7.9%	3.9%	5.5%
Enterprise value	$513.5M	$596.1M	$790.4M	$831.3M	$1.2B	$1.1B	$788M	$889.8M
Net debt / EBITDA	-1.05×	-0.14×	-0.16×	-0.46×	-0.08×	-0.12×	-0.46×	-0.38×
Cash conversion cycle (days)	126	101	101	85	54	53	70	53