Riverview Bancorp, Inc. (RVSB) 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%

$6.83

vs $6.08 price

Levered DCF

$6.75

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

0.22

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-26.19×	24.57×	26.06×	6.36×	7.7×	14.74×	7.16×	9.75×
P/B	0.79×	0.74×	0.64×	0.74×	1.07×	1.02×	0.76×	1.26×
P/S	1.77×	1.63×	1.48×	1.7×	2.68×	2.6×	1.8×	2.74×
EV / EBITDA	-17.68×	20.41×	26.21×	9.33×	-1.41×	-4.92×	4.26×	9.12×
Gross margin	64.6%	69.0%	72.4%	92.9%	103.9%	83.6%	90.4%	95.3%
Operating margin	-9.0%	8.5%	6.9%	34.9%	45.2%	22.6%	32.7%	36.8%
Net margin	-6.7%	6.7%	5.7%	26.6%	34.9%	17.6%	25.1%	28.3%
Current ratio	0.1×	0.04×	0.14×	0.2×	0.27×	0.37×	0.2×	0.22×
Debt / equity	0.31×	0.66×	0.76×	0.98×	0.19×	0.19×	0.2×	0.64×
Interest coverage	-0.27×	0.28×	0.25×	5.83×	12.85×	3.93×	4.32×	7.96×
Dividend yield	1.5%	2.1%	5.1%	4.4%	2.8%	2.9%	3.6%	1.9%
Payout ratio	-38.5%	51.7%	133.7%	28.3%	21.4%	42.8%	25.9%	18.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-3.0%	3.1%	2.4%	11.6%	13.9%	6.9%	10.6%	13.0%
Return on invested capital	-2.1%	1.7%	1.3%	5.9%	11.7%	5.8%	8.8%	7.9%
Return on assets	-0.3%	0.3%	0.2%	1.1%	1.3%	0.7%	1.3%	1.5%
Free cash flow yield	9.8%	4.7%	7.2%	7.5%	7.9%	13.3%	11.4%	11.4%
Earnings yield	-3.8%	4.1%	3.8%	15.6%	13.0%	6.8%	13.9%	10.3%
Enterprise value	$43.1M	$195.2M	$193M	$246.2M	-$44.8M	-$82.1M	$100.3M	$229.2M
Net debt / EBITDA	29.39×	7.96×	12.75×	4.95×	-6.68×	-14.2×	-0.56×	2.46×
Cash conversion cycle (days)	23	23	24	-1,168	2,932	32	22	23