Verra Mobility Corporation (VRRM) 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

+462.7%

$15.08

vs $2.68 price

Levered DCF

$12.69

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

1.04

Distress zone

Rating

Overall 4 / 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	26.06×	127.26×	63.97×	22.67×	59.35×	-630.05×	66.62×	-14.57×
P/B	12.16×	15.06×	8.68×	9.15×	9.5×	6.87×	7.13×	2.82×
P/S	3.64×	4.54×	4.47×	2.85×	4.48×	5.51×	4.92×	2.3×
EV / EBITDA	9.46×	19.05×	15.98×	9.73×	15.91×	18.46×	13.66×	16.84×
Gross margin	96.9%	97.8%	94.7%	93.6%	93.6%	91.5%	67.7%	97.5%
Operating margin	24.4%	15.5%	23.1%	22.2%	20.3%	9.6%	21.5%	3.4%
Net margin	14.0%	3.6%	7.0%	12.5%	7.5%	-1.2%	3.8%	-15.8%
Current ratio	2.09×	1.97×	2.05×	1.94×	1.99×	5.12×	2.6×	2.69×
Debt / equity	0.13×	4.02×	2.55×	5.42×	4.94×	2.77×	2.91×	2.88×
Interest coverage	3.69×	1.84×	2.18×	2.37×	2.49×	0.93×	1.59×	0.18×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	91.6%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-1334.5%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	46.6%	11.9%	13.5%	40.0%	15.9%	-1.5%	5.5%	-19.3%
Return on invested capital	11.6%	3.8%	7.8%	7.5%	4.0%	-15.4%	4.0%	0.1%
Return on assets	8.3%	1.9%	3.2%	5.3%	2.3%	-0.3%	1.2%	-4.3%
Free cash flow yield	3.8%	3.8%	4.1%	8.0%	6.8%	1.0%	4.7%	2.3%
Earnings yield	3.8%	0.8%	1.6%	4.4%	1.7%	-0.2%	0.8%	-6.9%
Enterprise value	$3.5B	$5B	$4.6B	$3.3B	$3.7B	$2.9B	$3B	$1.7B
Net debt / EBITDA	-0.07×	3.78×	3.26×	3.42×	5.15×	4.76×	3.52×	8.19×
Cash conversion cycle (days)	-863	-1,347	-406	-370	-448	-205	-35	-1,607