Rubico Inc. (RUBI) 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

+49329.5%

$929.27

vs $1.88 price

Levered DCF

$486.36

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-0.57

Distress 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
P/E	3.36×	141.3×	126.72×	78.82×	107.56×
P/B	77.48×	9,915.37×	9,466.4×	6,184.08×	75,505.12×
P/S	150.85×	13,974.92×	13,819.06×	13,648.44×	19,671.02×
EV / EBITDA	270.03×	20,450.77×	19,961.07×	18,363.32×	26,857.52×
Gross margin	61.0%	61.5%	59.9%	60.1%	59.6%
Operating margin	52.7%	51.3%	50.8%	56.4%	55.1%
Net margin	11.2%	24.6%	27.1%	43.0%	45.4%
Current ratio	0.7×	0.27×	0.44×	0.33×	0.07×
Debt / equity	1.8×	2.22×	2.24×	1.19×	8.05×
Interest coverage	1.88×	1.93×	2.13×	4.26×	5.76×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021
Return on equity	5.8%	17.4%	18.6%	19.5%	174.4%
Return on invested capital	9.7%	11.3%	10.7%	11.6%	23.4%
Return on assets	2.0%	5.2%	5.6%	8.7%	12.2%
Free cash flow yield	0.3%	0.0%	0.0%	0.0%	-0.0%
Earnings yield	0.1%	0.0%	0.0%	0.0%	0.0%
Enterprise value	$3.6B	$338.3B	$338.3B	$338.3B	$338.3B
Net debt / EBITDA	5.83×	4.51×	4.56×	3.41×	2.73×
Cash conversion cycle (days)	-72	-20	-2	-6	-4