Yesway, Inc. (YSWY) 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

+4257.0%

$1,103.62

vs $25.33 price

Levered DCF

$635.10

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

1.27

Distress zone

Rating

C-

Overall 1 / 5

Ratios by fiscal year

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

Metric	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018
P/E	54.44×	26.54×	26,537.5×	0×	50.55×	-37.25×	-58.97×
P/B	1.84×	2.24×	2.14×	0×	2.52×	4.38×	0×
P/S	0.23×	0.51×	0.51×	0×	0.9×	2.39×	3.63×
EV / EBITDA	9.95×	14.92×	13.01×	0×	17.19×	-307.76×	0×
Gross margin	21.7%	20.2%	19.0%	0.0%	13.2%	7.0%	5.4%
Operating margin	3.5%	3.0%	3.6%	0.0%	6.0%	-3.0%	-3.8%
Net margin	0.4%	0.9%	1.5%	0.0%	1.8%	-6.4%	-6.2%
Current ratio	1.05×	1.23×	1.02×	0×	2.56×	1.09×	0×
Debt / equity	2.93×	1.65×	1.28×	0×	1.15×	2.5×	0×
Interest coverage	1.62×	1.23×	1.63×	0×	1.5×	-1.61×	-11.41×
Dividend yield	1.6%	0.9%	0.7%	0.0%	2.1%	0.0%	0.0%
Payout ratio	86.5%	51.8%	22.8%	-785124.0%	108.1%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018
Return on equity	3.4%	4.1%	6.4%	0.0%	5.0%	-11.7%	0.0%
Return on invested capital	4.5%	4.4%	5.8%	0.0%	7.8%	-1.5%	0.0%
Return on assets	0.6%	1.3%	2.3%	0.0%	2.2%	-3.1%	0.0%
Free cash flow yield	7.4%	-3.7%	-7.9%	0.0%	1.3%	-2.5%	-1.8%
Earnings yield	1.8%	1.8%	3.0%	0.0%	2.0%	-2.7%	-1.7%
Enterprise value	$1.6B	$2.2B	$2B	$0	$1.8B	$2.1B	$0
Net debt / EBITDA	6.08×	6.19×	4.8×	0×	4.72×	-107.18×	0×
Cash conversion cycle (days)	6	6	3	0	2	8	0