Z Squared Inc. (ZSQR) 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

-30.0%

$2.59

vs $3.70 price

Levered DCF

$1.53

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

57.53

Safe 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	FY2019
P/E	-3.81×	-1.93×	-0.65×	-0.2×	-0.44×	-0.29×	0×
P/B	2.63×	3.76×	3.19×	1.72×	2.49×	0.09×	0×
P/S	33.31×	0×	0×	0×	78×	0×	0×
EV / EBITDA	-3.84×	-2.29×	-0.67×	-0.16×	-0.6×	-60.18×	0×
Gross margin	-207.8%	0.0%	0.0%	0.0%	-496.6%	0.0%	0.0%
Operating margin	-956.9%	0.0%	0.0%	0.0%	-18727.9%	0.0%	0.0%
Net margin	-874.3%	0.0%	0.0%	0.0%	-17932.4%	0.0%	0.0%
Current ratio	4.16×	0.23×	0.59×	1.81×	0.79×	191.8×	0×
Debt / equity	0.02×	0.26×	0.28×	0.46×	1.74×	0×	9.73×
Interest coverage	-20.3×	-21.75×	-199.57×	-156.57×	-75.06×	0×	0×
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	-69.1%	-194.8%	-493.0%	-843.7%	-572.2%	-32.1%	0.0%
Return on invested capital	-71.7%	-130.1%	-352.6%	-447.9%	-218.4%	-0.1%	0.0%
Return on assets	-60.1%	-97.0%	-263.5%	-474.7%	-198.8%	-22.5%	0.0%
Free cash flow yield	-19.0%	-32.2%	-52.6%	-50.6%	-76.7%	-8.8%	0.0%
Earnings yield	-26.3%	-51.8%	-154.4%	-490.4%	-229.9%	-343.9%	0.0%
Enterprise value	$40M	$21.5M	$13.5M	$5.9M	$7.8M	$4.1M	$152.1K
Net debt / EBITDA	0.52×	-0.09×	0.01×	0.05×	-0.15×	13.26×	0×
Cash conversion cycle (days)	-75	-446	-518	-36	-109	0	0