Veritone, Inc. (VERI) 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

-658.3%

-$3.40

vs $0.61 price

Levered DCF

-$3.15

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

-7.64

Distress zone

Rating

C+

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	FY2018
P/E	-2.64×	-3.35×	-1.14×	-7.46×	-11.59×	-16.45×	-0.87×	-1.09×
P/B	4.32×	9.27×	1.75×	2.39×	8.65×	8.9×	1.14×	1.08×
P/S	3.19×	1.35×	0.67×	1.28×	6.49×	13.6×	1.09×	2.47×
EV / EBITDA	-4.26×	-3.87×	-4.12×	28.38×	-13.24×	-16.24×	-0.18×	-0.51×
Gross margin	38.4%	70.6%	72.2%	81.7%	80.8%	72.9%	69.3%	76.0%
Operating margin	-82.6%	-95.2%	-99.6%	-25.4%	-53.2%	-82.6%	-129.1%	-229.2%
Net margin	-121.2%	-40.4%	-58.6%	-17.1%	-56.1%	-83.0%	-125.0%	-225.9%
Current ratio	0.71×	0.97×	0.97×	1.44×	1.98×	1.77×	1.36×	1.54×
Debt / equity	0.69×	8.91×	3.74×	1.75×	2.26×	0×	0×	0×
Interest coverage	-7.46×	-7.31×	-40.69×	-7.81×	-114.08×	0×	0×	0×
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	-164.0%	-277.9%	-153.7%	-32.0%	-74.8%	-54.3%	-130.9%	-98.5%
Return on invested capital	-61.1%	-58.3%	-48.6%	-16.3%	-18.8%	-53.3%	-128.3%	-97.8%
Return on assets	-61.3%	-18.9%	-15.5%	-6.0%	-12.5%	-26.9%	-57.2%	-51.1%
Free cash flow yield	-19.8%	-24.7%	-122.1%	-0.5%	0.8%	0.2%	-56.9%	-64.0%
Earnings yield	-37.9%	-30.0%	-87.8%	-13.4%	-8.6%	-6.1%	-114.4%	-91.5%
Enterprise value	$314.2M	$227.7M	$162.9M	$146.4M	$688.9M	$670.3M	$10.2M	$29.2M
Net debt / EBITDA	-0.27×	-1.75×	-2.43×	-8.63×	1.15×	2.78×	0.76×	0.65×
Cash conversion cycle (days)	-33	-217	-266	-490	-415	-143	-174	-1,188