SoundThinking, Inc. (SSTI) 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

-121.9%

-$1.83

vs $8.34 price

Levered DCF

$7.01

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

0.01

Distress 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	FY2019	FY2018
P/E	-10.85×	-18.14×	-116.09×	65.06×	-77.68×	342.73×	159.38×	-119.92×
P/B	1.42×	2.29×	4.22×	6.76×	10.17×	12.54×	10.58×	19.06×
P/S	0.98×	1.63×	3.4×	5.08×	5.91×	9.4×	7.07×	9.4×
EV / EBITDA	165.32×	61.1×	34.82×	51.94×	80.88×	58.35×	39.21×	234.67×
Gross margin	54.4%	57.3%	57.0%	57.8%	55.9%	59.5%	59.7%	55.3%
Operating margin	-8.2%	-7.7%	-1.3%	9.6%	-7.0%	2.8%	3.9%	-7.4%
Net margin	-9.0%	-9.0%	-2.9%	7.9%	-7.6%	2.7%	4.4%	-7.8%
Current ratio	0.85×	0.78×	0.65×	0.83×	0.99×	1.01×	1.24×	0.94×
Debt / equity	0.08×	0.08×	0.13×	0.06×	0.07×	0.03×	0.02×	0×
Interest coverage	-449.21×	-51.01×	-25.81×	0×	0×	0×	0×	-31.32×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-13.1%	-12.7%	-3.6%	10.5%	-13.1%	3.6%	6.6%	-15.9%
Return on invested capital	-10.2%	-9.2%	-1.4%	9.3%	-10.6%	3.6%	5.6%	-14.0%
Return on assets	-6.9%	-6.7%	-1.9%	5.2%	-6.1%	1.8%	3.0%	-5.8%
Free cash flow yield	4.7%	9.5%	1.7%	0.3%	0.6%	1.6%	3.0%	-3.0%
Earnings yield	-9.2%	-5.5%	-0.9%	1.6%	-1.3%	0.3%	0.6%	-0.8%
Enterprise value	$92.6M	$158.9M	$319.3M	$404.7M	$330.6M	$415M	$264.3M	$316.6M
Net debt / EBITDA	-17.49×	-2.74×	0.41×	-0.91×	-3.23×	-2.12×	-3.55×	-7.57×
Cash conversion cycle (days)	71	62	93	122	79	80	98	165