Wrap Technologies, Inc. (WRAP) 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

-137.6%

-$0.44

vs $1.17 price

Levered DCF

-$0.65

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

Safe 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	-10.82×	-13.25×	-4.31×	-4.02×	-6.34×	-13.05×	-22.03×	-22.5×
P/B	10.44×	386.87×	41.48×	2.57×	3.74×	3.52×	9.54×	5.99×
P/S	25.67×	21.46×	21.39×	8.65×	19.97×	41.45×	262.76×	3,208.28×
EV / EBITDA	-12.2×	-7.44×	-4.43×	-3.85×	-6.45×	-11.38×	-20.1×	-18.69×
Gross margin	57.8%	54.7%	47.4%	46.4%	35.5%	34.1%	39.7%	19.6%
Operating margin	-288.6%	-345.4%	-305.3%	-220.3%	-316.9%	-331.6%	-1236.2%	-14417.4%
Net margin	-221.2%	-130.4%	-492.7%	-218.9%	-316.3%	-319.0%	-1194.8%	-14412.2%
Current ratio	6.29×	0.79×	0.9×	8.51×	14.43×	20.05×	18.29×	31.8×
Debt / equity	0.21×	8.78×	0.72×	0.01×	0×	0×	0.01×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	-2,559.54×
Dividend yield	0.0%	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	-2.0%	-0.2%	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	-89.9%	-2350.0%	-955.4%	-65.1%	-59.3%	-27.1%	-43.4%	-26.9%
Return on invested capital	-93.1%	-626.4%	-335.1%	-64.4%	-59.1%	-28.1%	-44.2%	-26.9%
Return on assets	-64.7%	-38.9%	-106.0%	-57.6%	-55.3%	-25.8%	-40.8%	-26.1%
Free cash flow yield	-8.7%	-8.4%	-12.9%	-21.4%	-12.4%	-8.0%	-4.8%	-3.8%
Earnings yield	-8.6%	-6.1%	-23.0%	-25.3%	-15.8%	-7.7%	-4.5%	-4.5%
Enterprise value	$118.9M	$95.3M	$129.5M	$64.6M	$149.5M	$147M	$166.4M	$61.9M
Net debt / EBITDA	0.11×	0.11×	0.06×	0.3×	0.21×	1.28×	2.02×	3.73×
Cash conversion cycle (days)	1,023	1,036	710	345	167	373	1,699	-1,395