SOAR AI Inc. (SOAR) 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

-187.2%

-$0.20

vs $0.24 price

Levered DCF

-$0.38

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-7.77

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
P/E	0.54×	-0.25×	-5.58×	-24.47×	-228.97×
P/B	-1.52×	-0.62×	7.8×	-40.43×	93.6×
P/S	0.04×	0.22×	3.24×	2.37×	320.22×
EV / EBITDA	0.4×	-2.82×	-30.73×	-30.05×	-240.68×
Gross margin	18.7%	16.2%	13.5%	2.5%	19.2%
Operating margin	5.0%	-20.2%	-12.5%	-9.5%	-207.9%
Net margin	6.6%	-87.8%	-148.5%	-9.7%	-139.5%
Current ratio	0.72×	0.7×	0.98×	0.35×	0.58×
Debt / equity	-2.36×	-2.02×	2.01×	-5.26×	1.66×
Interest coverage	0.82×	-1.25×	-1.32×	-10.61×	-37.9×
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	-279.8%	248.8%	-358.1%	165.2%	-40.8%
Return on invested capital	127.0%	-53.7%	-9.9%	-37.4%	-15.8%
Return on assets	43.3%	-87.8%	-73.7%	-31.0%	-9.8%
Free cash flow yield	116.9%	-167.2%	-27.0%	-9.5%	-0.4%
Earnings yield	184.3%	-398.3%	-45.9%	-4.1%	-0.4%
Enterprise value	$2.5M	$41.1M	$130.3M	$253.2M	$342.5M
Net debt / EBITDA	-0.05×	-2.12×	-3.58×	-2.85×	-3.09×
Cash conversion cycle (days)	-15	-54	-86	-7	-76