Yext, Inc. (YEXT) 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

-117.3%

-$1.32

vs $7.64 price

Levered DCF

$3.84

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

0.14

Distress zone

Rating

Overall 3 / 5

Ratios by fiscal year

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

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	23.1×	-29.91×	-279.72×	-13.11×	-11.1×	-21.73×	-13.71×	-20.51×
P/B	5.55×	5.45×	5×	6.8×	4.89×	9.92×	8.3×	18.14×
P/S	1.98×	1.98×	1.82×	2.17×	2.65×	5.79×	5.59×	6.72×
EV / EBITDA	10.81×	4,774.91×	25.54×	-21.66×	-13.87×	-27.58×	-15.23×	-21.27×
Gross margin	74.5%	77.1%	78.4%	74.1%	74.8%	75.6%	74.2%	74.9%
Operating margin	10.0%	-7.7%	-1.5%	-16.2%	-23.0%	-26.6%	-41.1%	-33.1%
Net margin	8.5%	-6.6%	-0.7%	-16.4%	-23.9%	-26.7%	-40.7%	-32.8%
Current ratio	1.07×	0.83×	1.34×	1.19×	1.41×	1.45×	1.54×	1.28×
Debt / equity	1.12×	0.62×	0.72×	0.93×	0.63×	0.66×	0.62×	0×
Interest coverage	5.88×	-33.56×	-13.19×	-110.06×	-165.37×	-153.64×	-399.2×	-528.99×
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	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	23.8%	-18.2%	-1.8%	-51.5%	-44.0%	-45.7%	-60.4%	-88.5%
Return on invested capital	12.2%	-11.4%	-2.4%	-25.8%	-25.8%	-27.0%	-37.6%	-86.6%
Return on assets	6.1%	-4.6%	-0.5%	-12.6%	-15.0%	-15.9%	-21.6%	-28.0%
Free cash flow yield	6.0%	5.8%	5.9%	1.3%	0.8%	-3.1%	-2.6%	-0.0%
Earnings yield	4.3%	-3.3%	-0.4%	-7.6%	-9.0%	-4.6%	-7.3%	-4.9%
Enterprise value	$909.1M	$807M	$631.8M	$799M	$906.7M	$2B	$1.5B	$1.4B
Net debt / EBITDA	0.29×	-164.02×	-4.2×	1.94×	1.97×	1.3×	1.31×	1.35×
Cash conversion cycle (days)	84	80	67	74	61	45	53	37