Reservoir Media, Inc.
Rank #431Op. LeverageRSVR · Nasdaq · Communication Services
Reservoir Media, Inc. (RSVR) — Rank #431 by gross profitability (GP/assets 0.12) · ROE 2.2% · Piotroski F-Score 6 / 9.
As-of 2026-09-15 · CIK 0001824403 · all metrics point-in-time as of the filing date.
About
Reservoir Media, Inc. operates as a music publishing company.
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It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. Its Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs. Reservoir Media, Inc.
was founded in 2007 and is headquartered in New York, New York.
- Industry
- Entertainment
- Sector
- Communication Services
- Filer Category
- Accelerated filerSmaller reporting company
- Fiscal Year End
- March 31
- Website
- reservoir-media.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$611.74M
P/E (annual)
71.5
P/S (annual)
3.5
P/B
1.6
P/OCF (annual)
12.2
Shareholder Yield
-0.5%
Employees
100
Industry
Entertainment
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 3/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
1.2%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 0.5% — per-share value needs a total required return of 1.7% once share-count change is priced in.
vs. own 6-year median revenue growth: 15.9%
within its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-2.7%
r = 10% (base)
1.2%
r = 12%
4.6%
Net debt / market cap: 72.8%— material leverage inflates the implied growth read.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Operating margin expansion and free cash flow are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.12
Primary signal (Novy-Marx).
Return on equity
2.2%
Gross margin
64.7%
Revenue growth (YoY)
10.7%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
12.8%
Revenue CAGR (5Y)
17.0%
Earnings CAGR (3Y)
48.4%
FCF CAGR (3Y)
17.3%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.51
Current ratio
1.31×
Quick ratio
0.95×
Net cash
-$448.49M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$49.66M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
4.98
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
2.4%
Stock-based comp intensity.
Piotroski F-Score
F-Score
6 / 9
Fundamental-strength score (0-9).