USCB Financial Holdings, Inc. (USCB) 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

-474.4%

-$75.13

vs $20.07 price

Levered DCF

$41.18

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

0.17

Distress zone

Rating

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
P/E	13.75×	14.2×	14.58×	12.08×	-2.08×	26.39×	10.5×
P/B	1.57×	1.62×	1.25×	1.34×	1.34×	1.23×	0.68×
P/S	2.19×	2.43×	2.22×	3.2×	4.26×	3.57×	2.43×
EV / EBITDA	9.36×	13.42×	17.59×	9.01×	9.63×	14.48×	3.25×
Gross margin	58.1%	55.2%	58.7%	87.0%	93.6%	79.1%	100.0%
Operating margin	23.6%	22.6%	20.1%	35.6%	43.3%	22.8%	31.5%
Net margin	17.2%	17.1%	15.3%	26.4%	33.0%	18.4%	23.2%
Current ratio	0.03×	0.14×	0.14×	0.03×	0.03×	0.04×	80.14×
Debt / equity	0.43×	0.8×	1.01×	0.33×	0.25×	0.3×	0.26×
Interest coverage	0.58×	0.53×	0.51×	3.64×	6.55×	1.48×	0×
Dividend yield	2.3%	1.1%	0.0%	0.0%	0.8%	1.5%	1.7%
Payout ratio	30.0%	16.0%	0.0%	0.0%	9.9%	28.9%	17.6%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	12.3%	11.5%	8.6%	11.0%	10.3%	6.3%	6.5%
Return on invested capital	10.5%	6.4%	4.3%	8.3%	8.3%	4.9%	0.8%
Return on assets	0.9%	1.0%	0.7%	1.0%	1.1%	0.7%	0.8%
Free cash flow yield	12.7%	9.7%	9.3%	11.8%	7.9%	6.1%	12.4%
Earnings yield	7.8%	7.1%	6.9%	8.3%	7.7%	5.2%	9.5%
Enterprise value	$342.1M	$443.7M	$393.7M	$250.2M	$276.5M	$212.5M	$114.1M
Net debt / EBITDA	0.23×	2.86×	6.85×	0.22×	0.14×	0.19×	0.15×
Cash conversion cycle (days)	-14,062	-88	-91	-468	-817	-168	0