ZenaTech, Inc. (ZENA) 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

-213.5%

-$0.83

vs $0.73 price

Levered DCF

-$1.40

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-1.47

Distress 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
P/E	-3.33×	-46.08×	-814.72×	11,916.52×	-869.05×	-890.9×
P/B	2.21×	9.34×	26.81×	26.51×	51.45×	55.9×
P/S	11.62×	103.78×	107.36×	66.34×	81.97×	190.45×
EV / EBITDA	-7.15×	-76.33×	419.11×	442.03×	1,781.52×	-1,216.31×
Gross margin	-37.0%	88.7%	91.8%	81.3%	59.3%	100.0%
Operating margin	-196.1%	-153.5%	13.4%	11.4%	-2.3%	-14.9%
Net margin	-350.2%	-228.2%	-13.2%	0.5%	-9.5%	-21.3%
Current ratio	2.22×	2.17×	2.39×	2.56×	2.28×	3×
Debt / equity	0.32×	0.46×	1.13×	0.66×	1.29×	0.2×
Interest coverage	-1.27×	-2.08×	0.52×	1.53×	-0.3×	-4.98×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Return on equity	-66.5%	-20.5%	-3.3%	0.2%	-5.9%	-6.3%
Return on invested capital	-28.3%	-9.4%	1.5%	-33.4%	-0.6%	-3.5%
Return on assets	-45.3%	-12.9%	-1.5%	0.1%	-2.2%	-4.9%
Free cash flow yield	-28.4%	-5.6%	-1.3%	-1.3%	0.0%	-0.3%
Earnings yield	-30.1%	-2.2%	-0.1%	0.0%	-0.1%	-0.1%
Enterprise value	$165.6M	$210.1M	$204.5M	$205.5M	$190.9M	$189.7M
Net debt / EBITDA	-0.67×	-2.31×	16.89×	10.27×	32.82×	-3.75×
Cash conversion cycle (days)	10	-2,302	9	-87	-60	159