Somnigroup International Inc (SGI) 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

-33.1%

$44.79

vs $66.96 price

Levered DCF

$41.04

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.41

Grey 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	FY2016	FY2015
P/E	48×	25.65×	23.82×	13.15×	14.84×	16.07×	-55.06×	-16.01×
P/B	5.92×	17.61×	27.14×	-271.69×	32.42×	11.15×	64.34×	68.26×
P/S	2.46×	2×	1.78×	1.22×	1.88×	1.53×	6.66×	6.99×
EV / EBITDA	26.56×	17.65×	16.19×	11.53×	11.78×	11.56×	58.09×	111.56×
Gross margin	44.4%	44.2%	43.2%	41.6%	43.8%	44.6%	27.1%	25.8%
Operating margin	13.2%	12.9%	12.3%	13.8%	18.5%	14.5%	-0.2%	-6.5%
Net margin	5.1%	7.8%	7.5%	9.3%	12.7%	9.5%	-2.1%	-7.5%
Current ratio	0.83×	1.11×	1.21×	1.22×	1.21×	0.99×	1.58×	1.51×
Debt / equity	2.66×	7.99×	10.1×	-152.46×	10.01×	3.38×	1.12×	1.33×
Interest coverage	3.68×	4.7×	4.67×	6.61×	13.76×	6.91×	0×	0×
Dividend yield	0.7%	0.9%	0.9%	1.2%	0.7%	0.0%	0.0%	0.0%
Payout ratio	33.2%	24.1%	21.1%	15.5%	10.1%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2016	FY2015
Return on equity	12.4%	68.7%	113.8%	-2062.0%	218.5%	69.3%	-20.3%	-73.3%
Return on invested capital	7.5%	9.3%	12.5%	15.2%	20.2%	16.9%	-0.5%	-17.8%
Return on assets	3.3%	6.4%	8.1%	10.5%	14.4%	10.5%	-3.1%	-10.1%
Free cash flow yield	3.4%	5.8%	4.4%	1.2%	6.5%	9.7%	2.9%	4.6%
Earnings yield	2.1%	3.9%	4.2%	7.6%	6.7%	6.2%	-0.3%	-1.1%
Enterprise value	$26.5B	$14.2B	$12B	$9.3B	$11.8B	$7.3B	$3.5B	$3.6B
Net debt / EBITDA	8.14×	5.41×	4.32×	4.09×	2.55×	2.61×	-0.52×	0.11×
Cash conversion cycle (days)	38	41	54	56	35	36	-110	-90