Latest Ratios: P/E Ratio -1.1x · EV/EBITDA N/A · ROE -137.7%. (2018–2025 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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5M | $9M | $8M | $9M | $11M | $57M | — | — | — |
| Enterprise Value | $3M | $7M | $6M | $4M | $4M | $46M | — | — | — |
| P/E Ratio → | -1.11 | — | — | — | — | — | — | — | — |
| P/S Ratio | 46.98 | 85.86 | 45.71 | 10.55 | 15.36 | 83.86 | — | — | — |
| P/B Ratio | 1.47 | 3.46 | 3.03 | 1.47 | 1.32 | 4.82 | — | — | — |
| 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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 64.74 | 33.30 | 4.21 | 5.09 | 67.98 | — | — | — |
| 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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | — | — |
| Operating Margin | -3262.4% | -3262.4% | -2744.3% | -499.9% | -1299.4% | -1182.1% | -5386.2% | -26610.3% | — |
| Net Profit Margin | -3274.6% | -3274.6% | -2638.5% | -491.5% | -1299.8% | -1717.6% | -6979.7% | -26400.3% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -137.7% | -137.7% | -102.4% | -58.4% | -91.2% | -157.3% | -172.2% | -128.6% | -22.9% |
| ROA | -112.8% | -112.8% | -91.1% | -54.5% | -84.8% | -127.5% | -105.8% | -117.4% | -21.6% |
| ROIC | -636.1% | -636.1% | -587.9% | -371.8% | -678.4% | -612.2% | -273.1% | -707.2% | — |
| ROCE | -137.2% | -137.2% | -106.5% | -59.4% | -91.2% | -108.2% | -132.9% | -129.7% | -22.9% |
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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | 0.68 | — | 0.00 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.85 | -0.82 | -0.88 | -0.88 | -0.91 | -0.69 | -0.55 | -1.00 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | -716.05 | -2.21 | -38.85 | — | — |
Net cash position: cash ($2M) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.79 | 6.79 | 3.26 | 20.66 | 10.33 | 14.92 | 1.62 | 3.36 | 17.11 |
| Quick Ratio | 6.79 | 6.79 | 3.26 | 20.66 | 10.33 | 14.92 | 1.62 | 3.36 | 17.11 |
| Cash Ratio | 6.51 | 6.51 | 2.59 | 20.20 | 9.56 | 14.44 | 1.51 | 3.05 | 16.88 |
| Asset Turnover | — | 0.04 | 0.05 | 0.13 | 0.08 | 0.05 | 0.01 | 0.01 | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 20.95 | 65.75 | 6.48 | 7.62 | 27.66 | 373.38 | — | — |
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 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $4M | $3M | $2M | $2M | $2M | $1M | $1M | $1M |
Capital exhaustion and dilution
Based on reported figures, Amesite trades at a price-to-sales ratio of 44.92, a valuation that appears disconnected from the company's declining revenue base and suggests investors are pricing in speculative option value rather than any tangible fundamental performance metrics observed in the current quarterly financial data.
The lack of a positive P/E or EV/EBITDA multiple reflects the company's inability to generate sustainable earnings, rendering traditional valuation frameworks largely inapplicable. Investors should monitor whether this premium is driven by retail sentiment or potential M&A interest, as the current valuation implies growth expectations that are not supported by the firm's recent performance.
As reported in financial statements, the company's ROIC has remained deeply negative, reaching -102.2% in 2026Q3, which indicates that every dollar of capital deployed into the business is currently resulting in significant value destruction rather than compounding returns for shareholders over the observed ten-quarter period.
The consistent decay in ROIC suggests that the company's core software platform is failing to achieve the necessary scale to cover its fixed cost base. This trend warrants further investigation into whether the underlying business model is fundamentally flawed or if the current management team lacks the operational efficiency to drive profitable growth.
According to recent SEC filings, the company's asset turnover ratio has remained stagnant at approximately 0.05, highlighting a severe inability to generate meaningful revenue from its existing asset base compared to industry peers who typically demonstrate significantly higher utilization of their capital and technological infrastructure.
The low asset turnover suggests that the company's proprietary LMS is not being widely adopted, leaving significant capacity underutilized. This lack of efficiency implies that the firm is struggling to convert its technical assets into a repeatable, high-volume revenue stream, which is critical for long-term viability.
Based on the provided quarterly data, the current ratio has fluctuated from a high of 21.92 in 2024Q2 to 4.33 in 2026Q3, signaling that while the company maintains a nominal liquidity cushion, the rapid depletion of cash reserves suggests a narrowing window for operational survival.
The decline in the current ratio reflects the ongoing cash burn required to sustain operations in the absence of meaningful revenue growth. Investors should monitor the company's cash runway closely, as the current trajectory suggests that additional dilutive financing may be required to maintain basic corporate functions.
As reported in financial statements, the company's 100% gross margin is a commonly misapplied metric that obscures the true cost of service delivery, as it likely excludes essential cloud hosting and technical support expenses that are instead buried within operating expenditures.
Analysts should adjust these figures to reflect a more realistic cost of goods sold, which would likely reveal a much lower, or even negative, contribution margin. Relying on the reported gross margin significantly overstates the company's potential for future profitability and masks the underlying structural challenges of its software-as-a-service model.
Includes 30+ ratios · 8 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AMST stock.
Amesite Inc.'s current P/E ratio is -1.1x. This places it at the 50th percentile of its historical range.
Amesite Inc.'s return on equity (ROE) is -137.7%. The historical average is -108.8%.
Based on historical data, Amesite Inc. is trading at a P/E of -1.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Amesite Inc. has 100.0% gross margin and -3262.4% operating margin.