ZipRecruiter, Inc. (ZIP) 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

-78.3%

$0.93

vs $4.29 price

Levered DCF

$6.06

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

3.59

Safe 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
P/E	-10.54×	-55.69×	28.37×	30.41×	1,511.52×	35.17×	-362.54×
P/B	-4.54×	53.15×	167.38×	65.56×	12.55×	-45.79×	-18.83×
P/S	0.78×	1.51×	2.17×	2.07×	3.98×	5.51×	5.36×
EV / EBITDA	63.7×	29.61×	14.99×	19.5×	2,465.14×	29.74×	613.16×
Gross margin	89.2%	89.4%	90.0%	90.5%	89.3%	87.0%	87.2%
Operating margin	-4.3%	0.3%	12.3%	10.7%	-1.1%	15.4%	-1.5%
Net margin	-7.3%	-2.7%	7.6%	6.8%	0.5%	20.6%	-1.5%
Current ratio	6.33×	6.66×	6.63×	4.88×	2.17×	2.03×	0.93×
Debt / equity	-7.36×	41.16×	66.43×	19.57×	0.11×	-1.04×	-0.3×
Interest coverage	-0.65×	0.04×	2.7×	3.41×	-9.16×	62.13×	-10.99×
Dividend yield	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%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	42.7%	-95.7%	586.9%	214.9%	1.5%	-171.1%	5.2%
Return on invested capital	-3.9%	0.2%	9.5%	13.7%	1.2%	45.3%	-13.3%
Return on assets	-5.8%	-1.9%	7.4%	8.6%	0.9%	40.6%	-5.4%
Free cash flow yield	2.8%	6.3%	7.3%	6.3%	4.4%	3.5%	-0.5%
Earnings yield	-9.4%	-1.8%	3.5%	3.3%	0.1%	3.7%	-0.3%
Enterprise value	$730.8M	$1B	$1.7B	$2.2B	$2.7B	$2.2B	$2.3B
Net debt / EBITDA	33.15×	9.45×	2.44×	2.94×	-207.92×	-0.83×	0.38×
Cash conversion cycle (days)	-48	-58	-52	-51	-93	-73	-35