ReposiTrak, Inc. (TRAK) 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

+29.7%

$9.34

vs $7.20 price

Levered DCF

$8.19

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

9.06

Safe zone

Rating

A+

Overall 4 / 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	21.95×	54.58×	52.43×	37.37×	24.44×	30.61×	52.16×	26.25×
P/B	3.14×	7.25×	6.11×	4.05×	1.96×	2.38×	1.95×	2.41×
P/S	7.05×	15.87×	14×	9.72×	4.65×	5.12×	4.15×	4.92×
EV / EBITDA	16.15×	36.68×	34.39×	22.85×	12.17×	16.66×	27.15×	19.51×
Gross margin	85.8%	83.7%	83.3%	82.7%	82.3%	62.4%	60.9%	69.6%
Operating margin	33.7%	27.5%	24.6%	26.7%	24.5%	13.8%	7.4%	18.8%
Net margin	32.5%	30.9%	29.1%	29.3%	22.2%	19.6%	8.0%	18.4%
Current ratio	3.85×	6.09×	6.45×	6.44×	4.36×	3.19×	3.05×	3.02×
Debt / equity	0.01×	0.01×	0.01×	0.02×	0.07×	0.15×	0.18×	0.14×
Interest coverage	203.81×	127.94×	178.38×	83.47×	99.64×	27.11×	21.82×	93.46×
Dividend yield	1.0%	0.5%	0.6%	0.8%	0.7%	0.5%	0.7%	0.4%
Payout ratio	21.6%	23.7%	28.9%	25.3%	14.6%	14.2%	36.8%	11.3%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	14.5%	14.1%	12.7%	12.2%	9.3%	9.1%	3.7%	9.0%
Return on invested capital	11.9%	11.3%	10.0%	10.3%	9.3%	5.5%	2.9%	7.8%
Return on assets	12.4%	12.6%	11.5%	11.1%	8.1%	7.5%	3.0%	7.4%
Free cash flow yield	5.0%	2.3%	2.4%	4.3%	7.2%	4.7%	4.3%	3.0%
Earnings yield	4.6%	1.9%	2.1%	3.0%	4.8%	3.8%	1.9%	3.7%
Enterprise value	$137.2M	$330.8M	$261.7M	$162.5M	$65.5M	$90.1M	$70.2M	$91.5M
Net debt / EBITDA	-3.18×	-3.11×	-3.23×	-3.27×	-3.44×	-3.21×	-4.98×	-2.72×
Cash conversion cycle (days)	21	46	41	4	-2	68	96	89