Aqua Metals, Inc. (AQMS) Financial Ratios
12 years of historical data (2014–2025) · Industrials · Waste Management
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↓
0.32
↓-87% vs avg
5yr avg: 2.38
30Y Low0.5·High5.9
ROE
↓
-146.0%
↑-49% vs avg
5yr avg: -97.9%
30Y Low-146%·High-30%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AQMS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Aqua Metals, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11M | $7M | $16M | $71M | $95M | $86M | $183M | $39M | $62M | $43M | $200M |
| Enterprise Value | $372319 | $-3044390 | $16M | $58M | $94M | $79M | $177M | $43M | $54M | $31M | $185M |
| P/E Ratio → | -0.21 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | — | — | — | 2855.53 | 23690.94 | 497.70 | 1690.59 | 8.10 | 13.97 | 20.70 | — |
| P/B Ratio | 0.32 | 0.49 | 1.00 | 2.74 | 4.53 | 3.13 | 5.86 | 0.80 | 1.24 | 0.73 | 3.51 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
AQMS EV Ratios
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | 2323.97 | 23540.69 | 454.82 | 1641.16 | 8.74 | 12.25 | 14.85 | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
AQMS Profitability
Margins and return-on-capital ratios measuring operating efficiency
A negative ROE of -146.0% indicates the company is currently destroying shareholder equity.
Margins
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | -25028.0% | -98875.0% | -3956.1% | -4970.4% | -408.8% | -411.6% | -356.9% | — |
| Operating Margin | — | — | — | -97856.0% | -389150.0% | -10095.4% | -14252.8% | -837.0% | -832.3% | -1190.5% | — |
| Net Profit Margin | — | — | — | -95752.0% | -385775.0% | -10516.2% | -23853.7% | -919.1% | -904.8% | -1273.0% | — |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -146.0% | -146.0% | -116.1% | -101.9% | -63.7% | -62.0% | -63.8% | -89.9% | -73.8% | -45.8% | -29.9% |
| ROA | -98.3% | -98.3% | -81.9% | -71.3% | -46.2% | -53.2% | -49.3% | -63.6% | -55.2% | -36.4% | -22.8% |
| ROIC | -166.7% | -166.7% | -122.5% | -110.9% | -57.8% | -57.1% | -29.4% | -64.3% | -62.3% | -42.3% | -30.3% |
| ROCE | -139.5% | -139.5% | -101.1% | -97.5% | -61.8% | -57.4% | -33.7% | -68.4% | -56.9% | -36.0% | -23.3% |
AQMS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $11M exceeds total debt of $592000, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | 0.26 | 0.12 | 0.31 | 0.03 | 0.04 | 0.22 | 0.26 | 0.18 | 0.17 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.69 | 0.01 | -0.51 | -0.03 | -0.27 | -0.17 | 0.06 | -0.15 | -0.21 | -0.27 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -32.95 | -32.95 | -41.77 | -37.55 | -122.43 | -865.24 | -14.90 | -11.91 | -10.68 | -14.09 | -20.28 |
Net cash position: cash ($11M) exceeds total debt ($592000)
AQMS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Aqua Metals, Inc.'s current ratio of 3.03x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 3.97x to 3.03x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.03 | 3.03 | 0.57 | 3.97 | 1.89 | 3.05 | 2.42 | 2.80 | 1.93 | 6.70 | 6.79 |
| Quick Ratio | 2.97 | 2.97 | 0.54 | 3.77 | 1.86 | 3.02 | 2.10 | 2.68 | 1.86 | 6.38 | 6.78 |
| Cash Ratio | 2.44 | 2.44 | 0.50 | 3.58 | 0.58 | 2.00 | 1.89 | 0.77 | 1.77 | 5.94 | 6.32 |
| Asset Turnover | — | — | — | 0.00 | 0.00 | 0.01 | 0.00 | 0.07 | 0.06 | 0.03 | — |
| Inventory Turnover | 9.86 | 9.86 | 28.74 | 6.76 | 14.24 | 57.05 | 5.02 | 19.73 | 29.75 | 7.70 | 13.81 |
| Days Sales Outstanding | — | — | — | 9738.20 | 999999.00 | 2508.58 | 108.15 | 1324.75 | 59.48 | 154.18 | — |
AQMS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Aqua Metals, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 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% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $1M | $641960 | $469659 | $379055 | $350010 | $304307 | $261319 | $170774 | $101466 | $76336 |
Peer Comparison
Compare AQMS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AQMSYou | $11M | -0.2 | — | — | — | — | -146.0% | -166.7% | — |
 ALTG | $245M | -2.9 | 26.9 | — | 25.9% | 1.3% | -233.4% | 1.4% | 22.5 |
 ENVX | $2B | -9.4 | — | — | -86.8% | -554.8% | -59.9% | -30.2% | — |
 RCUS | $3B | -8.3 | — | — | 96.0% | -156.3% | -63.3% | -64.1% | — |
 ECVT | $1B | -21.1 | 12.4 | 20.2 | 21.9% | 9.0% | -10.9% | 4.2% | 3.2 |
 CHNR | $41M | -86.5 | — | — | — | — | -0.0% | -0.0% | — |
 CLH | $15B | 39.7 | 16.1 | 34.9 | 29.5% | 11.2% | 14.7% | 9.8% | 3.1 |
 ALB | $18B | -27.3 | 26.7 | 26.7 | 13.1% | 1.8% | -5.1% | 0.6% | 4.4 |
 LAC | $960M | -8.4 | — | — | — | — | -9.6% | -5.1% | — |
 SQM | $22B | 38.2 | 16.4 | 51.4 | 29.3% | 24.8% | 8.9% | 8.6% | 3.1 |
 MP | $11B | -120.6 | — | — | -2.4% | -44.6% | -5.0% | -4.7% | — |
| Industrials Median | — | 25.5 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 12 years · Updated daily
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AQMS — Frequently Asked Questions
Quick answers to the most common questions about buying AQMS stock.
What is Aqua Metals, Inc.'s P/E ratio?
Aqua Metals, Inc.'s current P/E ratio is -0.2x. This places it at the 50th percentile of its historical range.
What is Aqua Metals, Inc.'s ROE?
Aqua Metals, Inc.'s return on equity (ROE) is -146.0%. The historical average is -78.9%.
Is AQMS stock overvalued?
Based on historical data, Aqua Metals, Inc. is trading at a P/E of -0.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.