Via Transportation, Inc. (VIA) 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

-10.3%

$33.73

vs $37.60 price

Levered DCF

$53.97

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

15.42

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
P/E	-24.18×	-39.93×	-30.56×
P/B	3.71×	-3.6×	-3.89×
P/S	5.36×	10.53×	14.34×
EV / EBITDA	-25.49×	-63.19×	-33×
Gross margin	39.6%	38.8%	39.9%
Operating margin	-17.6%	-24.8%	-46.0%
Net margin	-22.2%	-26.7%	-46.9%
Current ratio	4.98×	2.12×	1.89×
Debt / equity	0.05×	-1.29×	-0.02×
Interest coverage	-10.43×	-19.55×	-175.28×
Dividend yield	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023
Return on equity	-15.4%	9.1%	12.7%
Return on invested capital	-11.8%	-26.3%	-38.2%
Return on assets	-13.1%	-23.3%	-31.7%
Free cash flow yield	-1.6%	-2.1%	-2.7%
Earnings yield	-4.1%	-2.5%	-3.3%
Enterprise value	$2B	$4.8B	$3.5B
Net debt / EBITDA	4.39×	-15.94×	0.51×
Cash conversion cycle (days)	62	73	70