Westwater Resources, Inc. (WWR) 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

+12.6%

$0.45

vs $0.40 price

Levered DCF

$0.49

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

0.04

Distress zone

Rating

Overall 3 / 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	-2.34×	-3.22×	-3.77×	-3.16×	-4.39×	-1.84×	-0.35×	-0.18×
P/B	0.36×	0.31×	0.21×	0.25×	0.56×	0.75×	0.24×	0.31×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-0.84×	-3.02×	-2.48×	3.61×	2.8×	0.47×	-0.48×	-0.14×
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	4.2×	0.41×	1.49×	3.04×	21.72×	12.37×	0.64×	1.32×
Debt / equity	0.03×	0×	0×	0×	0×	0.01×	0.04×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
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	-15.1%	-9.5%	-5.5%	-7.8%	-12.8%	-41.0%	-61.9%	-171.6%
Return on invested capital	-7.7%	-8.5%	-9.3%	-8.4%	-14.3%	-16.9%	-20.8%	-134.6%
Return on assets	-14.0%	-8.6%	-5.2%	-6.6%	-12.1%	-38.1%	-39.2%	-119.1%
Free cash flow yield	-33.5%	-28.8%	-238.9%	-185.9%	-28.9%	-44.5%	-242.9%	-179.4%
Earnings yield	-42.4%	-30.5%	-26.6%	-31.3%	-23.0%	-54.3%	-255.3%	-549.5%
Enterprise value	$22.2M	$37.4M	$18.7M	-$39.6M	-$44.9M	-$6.6M	$2.9M	$4.9M
Net debt / EBITDA	1.59×	0.33×	1.39×	6.84×	7.18×	3.6×	0.21×	0.05×
Cash conversion cycle (days)	-1,870	-11,640	-9,838	-46,655	-8,544	-12,410	-20,732	-78