Savers Value Village, Inc. (SVV) 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

-30.5%

$6.68

vs $9.61 price

Levered DCF

$3.12

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

1.33

Distress zone

Rating

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	FY2020	FY2019
P/E	67.5×	57.28×	49.66×	43.23×	44.06×	-57.28×	2,975.32×
P/B	3.4×	3.93×	6.98×	16.17×	19.82×	21.14×	19.4×
P/S	0.88×	1.08×	1.75×	2.56×	3.05×	4.41×	3.05×
EV / EBITDA	15×	15.06×	17.96×	19.72×	25.16×	68.53×	42.94×
Gross margin	79.2%	56.4%	56.4%	58.3%	60.6%	57.6%	48.0%
Operating margin	7.4%	8.5%	9.5%	14.3%	15.1%	0.8%	3.8%
Net margin	1.3%	1.9%	3.5%	5.9%	6.9%	-7.6%	20.0%
Current ratio	0.81×	1×	1.07×	0.67×	0.98×	1.38×	0.97×
Debt / equity	3.17×	3.09×	3.42×	5.55×	4.34×	3.49×	3.08×
Interest coverage	1.84×	1.77×	1.42×	3.19×	3.42×	0.1×	0.66×
Dividend yield	0.0%	0.0%	10.0%	1.9%	2.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	493.7%	82.0%	89.9%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	5.2%	6.9%	14.1%	37.3%	45.0%	-36.5%	127.2%
Return on invested capital	4.1%	4.4%	8.3%	8.2%	17.0%	0.8%	5.3%
Return on assets	1.1%	1.5%	2.8%	4.6%	6.8%	-6.6%	25.1%
Free cash flow yield	3.3%	1.7%	3.2%	1.6%	3.7%	0.3%	0.4%
Earnings yield	1.5%	1.7%	2.0%	2.3%	2.3%	-1.7%	6.6%
Enterprise value	$2.8B	$2.8B	$3.7B	$4.8B	$4.4B	$4.1B	$4.2B
Net debt / EBITDA	7×	6.17×	5.33×	4.7×	4.05×	7.78×	5.13×
Cash conversion cycle (days)	-32	-23	-27	-31	-35	-43	-18