UFP Technologies, Inc. (UFPT) 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

-22.5%

$219.98

vs $283.97 price

Levered DCF

$319.77

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

8.53

Safe 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	25.03×	31.8×	29.21×	21.36×	33.3×	26.03×	18.65×	15.41×
P/B	4.04×	5.47×	4.58×	3.75×	2.72×	1.97×	2.27×	1.57×
P/S	2.84×	3.72×	3.28×	2.52×	2.56×	1.94×	1.86×	1.16×
EV / EBITDA	16.55×	21.58×	19.61×	14.19×	20.3×	13.26×	11.32×	8.52×
Gross margin	28.3%	29.1%	28.1%	25.5%	24.8%	24.9%	27.2%	25.4%
Operating margin	15.3%	16.0%	14.4%	15.7%	10.3%	9.3%	12.5%	10.3%
Net margin	11.3%	11.7%	11.2%	11.8%	7.7%	7.5%	10.0%	7.5%
Current ratio	2.68×	2.56×	2.48×	2.08×	2.25×	4.75×	3.17×	2.69×
Debt / equity	0.36×	0.6×	0.16×	0.29×	0.43×	0.01×	0.02×	0.18×
Interest coverage	9.42×	10.04×	15.82×	20.05×	544.05×	201.59×	36.66×	14.86×
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	16.1%	17.2%	15.7%	17.6%	8.2%	7.6%	12.2%	10.2%
Return on invested capital	12.6%	11.5%	13.6%	13.4%	5.3%	7.3%	11.9%	8.9%
Return on assets	10.3%	9.4%	11.1%	11.0%	4.8%	6.6%	10.5%	7.5%
Free cash flow yield	4.6%	3.0%	2.4%	0.4%	1.7%	5.9%	6.9%	7.2%
Earnings yield	4.0%	3.1%	3.4%	4.7%	3.0%	3.8%	5.4%	6.5%
Enterprise value	$1.8B	$2.1B	$1.4B	$955.6M	$601.9M	$326.7M	$367.7M	$242.6M
Net debt / EBITDA	1.2×	2.01×	0.59×	0.95×	2.47×	-0.89×	-0.02×	0.77×
Cash conversion cycle (days)	106	129	121	103	123	93	88	87