Latest Ratios: P/E Ratio -9.7x · EV/EBITDA N/A · ROE N/A. (2019–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $695M | $762M | $794M | $350M | $153M | $231M | — | — |
| Enterprise Value | $759M | $818M | $788M | $338M | $122M | $139M | — | — |
| P/E Ratio → | -9.71 | — | — | — | — | — | — | — |
| P/S Ratio | 17.13 | 21.40 | 7.22 | 3.26 | 5.78 | 7.00 | — | — |
| P/B Ratio | — | — | — | 10.30 | 1.89 | 2.39 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 22.98 | 7.17 | 3.15 | 4.61 | 4.21 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -51.6% | -51.6% | 17.7% | -2.7% | -16.9% | -6.9% | 3.8% | -16.4% |
| Operating Margin | -182.6% | -182.6% | -7.8% | -41.5% | -137.8% | -56.4% | -17.3% | -50.7% |
| Net Profit Margin | -174.9% | -174.9% | -89.0% | -51.3% | -71.5% | -265.3% | -21.7% | -63.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -96.0% | -21.3% | -198.5% | — | -712.5% |
| ROA | -52.9% | -52.9% | -72.7% | -41.8% | -13.0% | -89.2% | -19.0% | -19.1% |
| ROIC | -108.0% | -108.0% | — | -92.9% | -100.3% | -299.7% | — | — |
| ROCE | -98.9% | -98.9% | -11.7% | -55.3% | -33.4% | -26.1% | -40.2% | -51.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.51 | 0.04 | 0.10 | — | 0.97 |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | -0.35 | -0.38 | -0.95 | — | -4.54 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | -0.97 | -0.97 | -4.97 | -18.23 | -81.18 | -8.25 | -3.84 | -10.92 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.58 | 1.58 | 1.86 | 1.48 | 2.48 | 4.18 | 1.08 | 1.12 |
| Quick Ratio | 0.37 | 0.37 | 0.83 | 0.84 | 1.23 | 3.75 | 0.16 | 0.31 |
| Cash Ratio | 0.17 | 0.17 | 0.37 | 0.48 | 0.81 | 3.34 | 0.00 | 0.21 |
| Asset Turnover | — | 0.39 | 0.76 | 0.86 | 0.19 | 0.22 | 1.05 | 0.30 |
| Inventory Turnover | 1.06 | 1.06 | 1.42 | 2.82 | 0.58 | 2.70 | 2.11 | 0.63 |
| Days Sales Outstanding | — | 87.72 | 94.62 | 72.15 | 234.69 | 125.52 | 19.67 | 66.70 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 8.6% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 8.6% | — | — |
| Shares Outstanding | — | $60M | $51M | $49M | $49M | $25M | $49M | $49M |
Liquidity and solvency crisis
As reported in recent financial statements, ADSE's gross margin has deteriorated to -56.8%, indicating that the company is currently unable to cover its direct production costs, a trend that suggests significant challenges in achieving the economies of scale necessary for its battery-buffered charging hardware to become profitable.
The deeply negative gross margin profile implies that the company's unit economics are currently inverted, likely due to high component costs or under-absorbed manufacturing overhead. Investors should monitor whether future product iterations or supply chain optimizations can reverse this trend, as the current margin structure appears unsustainable for a hardware-heavy business model.
Based on the latest quarterly data, the company's ROIC has plummeted to -165.6%, a figure that underscores the severe destruction of shareholder capital as the firm struggles to generate returns from its investments in charging infrastructure and energy storage technology compared to its historical performance.
The persistent negative return on invested capital suggests that the company's growth initiatives are not creating value, but rather consuming resources at an accelerating rate. This trend warrants further investigation into whether the current asset base can ever be optimized to generate positive returns, or if the business model requires a fundamental restructuring.
According to recent filings, the cash conversion cycle has reached 142 days, reflecting a significant increase in the time required to turn inventory into cash, which, when compared to historical norms, suggests growing inefficiencies in managing the company's supply chain and customer payment terms.
The elevated days inventory outstanding of 157 days implies that the company is holding substantial amounts of unsold hardware, which ties up critical liquidity. This inefficiency, combined with the current cash burn, leaves the company with little operational flexibility to navigate the volatile demand environment for its energy storage systems.
As indicated by the most recent quarterly figures, the quick ratio has fallen to 0.37, a sharp decline from previous periods that highlights the company's limited ability to meet its immediate financial obligations without relying on external financing or further asset liquidation.
The low quick ratio suggests that the company's liquidity position is highly dependent on inventory turnover, which is currently sluggish. This vulnerability leaves the firm exposed to severe stress if market conditions for EV infrastructure projects continue to deteriorate or if access to capital markets becomes restricted.
The market's reliance on P/S multiples to value ADSE is fundamentally flawed, as it obscures the company's negative gross margins and high cash burn, which are the primary drivers of its current financial distress rather than its top-line revenue potential.
Investors should instead focus on unit-level contribution margins and cash-burn-to-liquidity ratios to assess the company's viability. Using P/S in this context ignores the reality that each additional unit of revenue currently appears to be adding to the company's total losses, rendering traditional valuation metrics misleading.
Includes 30+ ratios · 7 years · Updated daily
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Quick answers to the most common questions about buying ADSE stock.
ADS-TEC Energy PLC's current P/E ratio is -9.7x. This places it at the 50th percentile of its historical range.
Based on historical data, ADS-TEC Energy PLC is trading at a P/E of -9.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
ADS-TEC Energy PLC has -51.6% gross margin and -182.6% operating margin.