29 years of historical data (1996–2024) · Communication Services · Internet Content & Information
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
The Arena Group Holdings, 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $137M | $47M | $53M | $187M | $161M | $28M | $30M | $13M | $28M | $10M | $1M |
| Enterprise Value | $257M | $167M | $175M | $290M | $235M | $109M | $138M | $19M | $28M | $9M | $826653 |
| P/E Ratio → | -1.01 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.09 | 0.38 | 0.37 | 0.85 | 0.85 | 0.22 | 0.56 | 2.20 | 368.16 | — | — |
| P/B Ratio | — | — | — | — | — | — | — | 1.71 | 9.50 | 12.88 | 0.65 |
| 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
The Arena Group Holdings, Inc.'s enterprise value stands at 14.6x EBITDA, 54% above its 5-year average of 9.5x. The Communication Services sector median is 7.5x, placing the stock at a 95% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.32 | 1.22 | 1.31 | 1.24 | 0.85 | 2.59 | 3.36 | 360.12 | — | — |
| EV / EBITDA | 14.62 | 9.50 | — | — | — | — | — | — | — | — | — |
| EV / EBIT | 32.63 | 23.00 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
The Arena Group Holdings, Inc. earns an operating margin of 6.2%. Operating margins have expanded from -25.3% to 6.2% over the past 3 years, signaling improving operational efficiency. ROIC of 22.6% represents excellent returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.3% | 44.3% | 38.5% | 39.8% | 41.6% | 19.5% | 11.3% | -34.1% | -1965.9% | — | — |
| Operating Margin | 6.2% | 6.2% | -12.2% | -25.3% | -44.6% | -55.4% | -76.5% | -245.8% | -8246.4% | — | — |
| Net Profit Margin | -80.0% | -80.0% | -38.7% | -32.1% | -47.6% | -69.7% | -72.2% | -457.3% | -8162.0% | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | -505.6% | -334.6% | -152.4% | -9.1% |
| ROA | -66.0% | -66.0% | -28.3% | -37.5% | -46.3% | -43.4% | -32.9% | -119.2% | -160.0% | -120.2% | -8.1% |
| ROIC | 22.6% | 22.6% | -23.0% | -114.7% | -124.4% | -70.5% | -71.7% | -129.1% | -375.1% | -189.8% | -10.4% |
| ROCE | — | — | — | -248.8% | -102.6% | -65.6% | -65.4% | -130.6% | -179.0% | -136.2% | -9.6% |
Solvency and debt-coverage ratios — lower is generally safer
The Arena Group Holdings, Inc. carries a Debt/EBITDA ratio of 7.0x, which is highly leveraged (103% above the sector average of 3.5x). Net debt stands at $119M ($124M total debt minus $4M cash). Interest coverage of just 0.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 1.23 | — | — | — |
| Debt / EBITDA | 7.04 | 7.04 | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | — | — | — | — | 0.90 | -0.21 | -0.77 | -0.26 |
| Net Debt / EBITDA | 6.80 | 6.80 | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | 0.54 | 0.54 | -0.97 | -4.89 | -8.06 | -4.30 | -3.90 | -5.59 | — | — | -6.98 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.33x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.33 | 0.33 | 0.38 | 0.36 | 0.67 | 0.69 | 0.51 | 0.44 | 9.27 | 2.08 | 27.35 |
| Quick Ratio | 0.33 | 0.33 | 0.38 | 0.36 | 0.67 | 0.69 | 0.51 | 0.44 | 9.27 | 2.08 | 27.35 |
| Cash Ratio | 0.04 | 0.04 | 0.04 | 0.06 | 0.08 | 0.08 | 0.11 | 0.11 | 1.49 | 1.73 | 27.01 |
| Asset Turnover | — | 1.08 | 0.76 | 1.08 | 1.09 | 0.60 | 0.27 | 0.15 | 0.01 | — | — |
| Inventory Turnover | 1.80 | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 90.63 | 81.01 | 57.70 | 44.03 | 49.30 | 116.24 | 399.56 | 252.21 | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
The Arena Group Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $35M | $22M | $18M | $11M | $2M | $2M | $1M | $678153 | $430808 | $415866 |
Compare AREN with 9 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| ARENYou | $137M | -1.0 | 14.6 | — | 44.3% | 6.2% | — | 22.6% | 7.0 |
| SPOT | $106B | 43.3 | 39.3 | 32.3 | 32.0% | 12.8% | 30.7% | 38.9% | 1.1 |
| TME | $10B | 23.6 | 6.6 | 7.7 | 42.3% | 30.7% | 10.5% | 11.6% | 0.6 |
| KRKR | $3B | -0.3 | — | — | 48.6% | -33.7% | -71.9% | -30.9% | — |
| FENG | $552M | -2.7 | — | — | 38.2% | -9.2% | -4.7% | -7.7% | — |
| NAMI | $508M | 4.1 | 60.0 | — | 28.8% | 6.7% | 94.8% | — | 0.1 |
| PODC | $50M | -10.0 | — | — | 9.1% | -12.3% | -41.0% | -33.3% | — |
| ZDGE | $42M | -19.4 | 63.1 | 12.5 | 89.8% | -2.6% | -8.4% | -6.3% | 0.5 |
| ONFO | $3M | -1.2 | — | — | 57.8% | -31.9% | -40.7% | -38.2% | — |
| BZFD | $1M | -0.8 | — | — | 44.7% | -12.4% | -9.3% | -8.3% | — |
| Communication Services Median | — | 15.1 | 7.5 | 10.5 | 51.2% | -0.7% | 2.4% | 1.7% | 3.5 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 29 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how AREN stacks up against sector leader Spotify Technology S.A..
Start ComparisonThe Arena Group Holdings, Inc.'s current P/E ratio is -1.0x. The historical average is 3.3x.
The Arena Group Holdings, Inc.'s current EV/EBITDA is 14.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.5x.
Based on historical data, The Arena Group Holdings, Inc. is trading at a P/E of -1.0x. Compare with industry peers and growth rates for a complete picture.
The Arena Group Holdings, Inc. has 44.3% gross margin and 6.2% operating margin.
The Arena Group Holdings, Inc.'s Debt/EBITDA ratio is 7.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.