Versant Media Group, Inc. Class A (VSNT) 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

+679.7%

$252.16

vs $32.34 price

Levered DCF

$233.68

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

1.62

Distress zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022
P/E	7×	4.84×	4.29×	3.74×
P/B	0.63×	0.61×	0.57×	0×
P/S	0.97×	0.93×	0.89×	0.84×
EV / EBITDA	3.3×	2.33×	2.15×	0×
Gross margin	56.1%	56.6%	57.6%	59.7%
Operating margin	19.0%	26.1%	27.8%	30.8%
Net margin	13.9%	19.3%	20.7%	22.5%
Current ratio	4.02×	2.23×	2.32×	0×
Debt / equity	0.1×	0×	0×	0×
Interest coverage	97.85×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022
Return on equity	9.0%	12.6%	13.3%	0.0%
Return on invested capital	8.2%	11.9%	12.3%	0.0%
Return on assets	7.5%	11.3%	11.7%	0.0%
Free cash flow yield	28.5%	32.7%	36.0%	37.0%
Earnings yield	14.3%	20.7%	23.3%	26.7%
Enterprise value	$7.4B	$6.6B	$6.6B	$0
Net debt / EBITDA	0.41×	-0×	-0.01×	0×
Cash conversion cycle (days)	44	52	54	0