Repay Holdings Corporation (RPAY) 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

-119.6%

-$0.92

vs $4.70 price

Levered DCF

$11.89

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-0.39

Distress zone

Rating

B-

Overall 2 / 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	-1.22×	-69.36×	-6.94×	57.5×	-30.45×	-40.67×	-17.44×	209.75×
P/B	0.64×	0.9×	0.94×	0.8×	1.74×	2.79×	2.16×	1.26×
P/S	1.01×	2.19×	2.59×	2.56×	6.94×	9.17×	5.26×	2.46×
EV / EBITDA	-3.94×	9.98×	13.98×	8.75×	44.18×	60.79×	394.8×	13.81×
Gross margin	75.0%	77.1%	76.5%	76.8%	74.7%	73.3%	75.3%	99.1%
Operating margin	-3.9%	-2.5%	-37.6%	-16.9%	-24.6%	-20.6%	-46.1%	-0.9%
Net margin	-83.0%	-3.2%	-37.2%	4.6%	-22.8%	-68.1%	-52.9%	1.2%
Current ratio	0.82×	2.69×	3.14×	1.42×	1.04×	1.82×	0.85×	0.75×
Debt / equity	0.9×	0.67×	0.54×	0.52×	0.53×	0.52×	0.84×	0.37×
Interest coverage	-0.86×	-0.99×	-106.31×	-10.79×	-14.68×	-2.22×	-5.32×	-0.19×
Dividend yield	0.0%	0.3%	0.5%	0.1%	0.0%	0.1%	1.3%	2.0%
Payout ratio	0.0%	-23.1%	-3.2%	7.4%	-0.1%	-1.4%	-12.5%	414.1%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-53.0%	-1.3%	-13.6%	1.4%	-5.7%	-20.7%	-21.7%	0.6%
Return on invested capital	-1.1%	-0.5%	-7.5%	-1.8%	-2.2%	-3.0%	-6.6%	-0.4%
Return on assets	-21.4%	-0.6%	-7.3%	0.8%	-3.0%	-9.5%	-7.1%	0.6%
Free cash flow yield	29.2%	15.3%	5.1%	4.9%	2.0%	0.3%	3.7%	-2.1%
Earnings yield	-82.2%	-1.5%	-14.4%	1.8%	-3.3%	-7.4%	-10.1%	0.5%
Enterprise value	$633.5M	$1B	$1.1B	$1.1B	$1.9B	$1.6B	$738.6M	$413.4M
Net debt / EBITDA	-2×	3.17×	4.15×	3.12×	9.37×	6.69×	100.93×	3.14×
Cash conversion cycle (days)	-76	-109	-71	-79	-77	-54	-84	-2,801