Vizsla Silver Corp. (VZLA) 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

-82.3%

$0.55

vs $3.11 price

Levered DCF

$0.55

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

2.49

Grey zone

Rating

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	-28.69×	-99.49×	-24.18×	-23.89×	-19.75×	-23.05×	-30.93×	-42.48×
P/B	2.65×	1.91×	1.43×	1.4×	1.93×	6.66×	14.01×	24.56×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-29.13×	-80.12×	-22.48×	-23.29×	-17.77×	-21.18×	-30.8×	-40.12×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	32.32×	34.06×	15.17×	11.47×	4.62×	16.17×	20.66×	3.69×
Debt / equity	0.55×	0×	0×	0×	0×	0×	0×	0×
Interest coverage	-2.96×	0×	0×	0×	0×	0×	0×	-0.58×
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	-9.1%	-1.9%	-5.9%	-5.9%	-9.8%	-29.1%	-44.6%	-57.8%
Return on invested capital	-4.6%	-5.9%	-6.1%	-6.1%	-13.3%	-27.5%	-41.4%	-30.9%
Return on assets	-5.4%	-1.9%	-5.8%	-5.7%	-9.2%	-28.1%	-44.0%	-55.2%
Free cash flow yield	-1.0%	-4.5%	-12.9%	-7.4%	-11.1%	-2.5%	-3.8%	-1.4%
Earnings yield	-3.4%	-1.0%	-4.1%	-4.2%	-5.1%	-4.4%	-3.2%	-2.4%
Enterprise value	$1.3B	$649.3M	$348.1M	$311.9M	$269.6M	$234.8M	$130.5M	$37.6M
Net debt / EBITDA	5.8×	16.36×	2.42×	0.94×	2.01×	1.75×	0.61×	0.16×
Cash conversion cycle (days)	0	-6,421	-2,827	-8,330	-59,484	-42,424	-8,432	-24,221