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ASNSActelis Networks, Inc.
$0.09$81566
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Actelis Networks, Inc. (ASNS) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -212.3%. (2020–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

ASNS Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Market Cap$81566$720119$7M$3M$8M——
Enterprise Value$-3819434$-3180881$6M$7M$11M——
P/E Ratio →-0.02——————
P/S Ratio0.020.200.890.480.94——
P/B Ratio0.030.152.316.962.54——
P/FCF———————
P/OCF———————

P/E links to full P/E history page with 30-year chart

ASNS EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
EV / Revenue—-0.870.811.331.23——
EV / EBITDA———————
EV / EBIT———————
EV / FCF———————

ASNS Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Gross Margin33.2%33.2%55.0%33.9%46.5%46.5%58.4%
Operating Margin-195.7%-195.7%-48.4%-131.3%-69.1%-21.8%-1.5%
Net Profit Margin-225.0%-225.0%-56.4%-112.1%-124.4%-61.5%-17.6%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
ROE-212.3%-212.3%-259.4%-344.2%-336.4%——
ROA-93.1%-93.1%-45.0%-48.3%-112.6%-124.3%-40.0%
ROIC-330.7%-330.7%-74.9%-100.2%-398.6%——
ROCE-148.5%-148.5%-94.5%-113.9%-166.0%——

ASNS Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Debt / Equity0.110.110.4513.902.00——
Debt / EBITDA———————
Net Debt / Equity—-0.81-0.2112.300.80——
Net Debt / EBITDA———————
Debt / FCF———————
Interest Coverage-28.63-28.63-6.08-7.21-12.23-6.61-4.79

Net cash position: cash ($4M) exceeds total debt ($537000)

ASNS Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Current Ratio2.462.461.510.861.760.690.70
Quick Ratio2.462.460.970.491.570.540.46
Cash Ratio1.271.270.430.120.900.120.12
Asset Turnover—0.390.940.500.601.822.27
Inventory Turnover——1.431.474.005.103.30
Days Sales Outstanding—105.1976.0143.23128.5096.9263.14

ASNS Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Dividend Yield———————
Payout Ratio———————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Earnings Yield———————
FCF Yield———————
Buyback Yield0.0%0.0%0.0%1.9%0.0%——
Total Shareholder Yield0.0%0.0%0.0%1.9%0.0%——
Shares Outstanding—$1M$514605$241272$173799$20488$20473

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and operational sustainability

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distressed Pricing Reflects Operational Uncertainty

According to current market data, ASNS trades at a P/S multiple of 0.02, a valuation level that suggests investors are pricing the company as a distressed asset rather than a growth-oriented technology firm, given the persistent inability to achieve positive earnings or sustainable revenue scale.

The extremely low P/S ratio indicates that the market assigns almost no value to the company's future revenue potential, likely due to the severe contraction in top-line performance. This valuation implies that the market is heavily discounting the firm's ability to survive its current cash-burning phase without significant dilution or strategic intervention.

Capital Efficiency Decaying Under Losses

Based on reported figures, the company's ROIC has remained deeply negative, reaching -78.9% in 2025Q4, which highlights a structural failure to generate returns on invested capital as the firm struggles to overcome the high fixed-cost burden inherent in its specialized hardware-centric business model.

The consistent decay in ROIC suggests that every dollar of capital deployed is currently destroying shareholder value rather than compounding it. This trend appears to be driven by the inability to scale revenue sufficiently to cover the high R&D and manufacturing overheads, rendering the current capital allocation strategy ineffective.

Working Capital Volatility Impedes Operations

As reported in financial statements, the company's cash conversion cycle has shown extreme volatility, with DIO reaching 519 days in 2025Q3, indicating significant inefficiencies in inventory management and a potential over-reliance on slow-moving hardware components that may be subject to future obsolescence risks.

The erratic nature of the CCC suggests that the company lacks the operational leverage to manage its supply chain effectively during periods of declining demand. Investors should monitor whether these high inventory levels represent a strategic buffer for long-term projects or a buildup of obsolete technology that will eventually require write-downs.

Liquidity Buffer Remains Critically Thin

According to recent SEC filings, the company's current ratio of 2.46 in 2025Q4 masks a precarious liquidity position, as the firm's reliance on project-based revenue and persistent operating losses leaves it with limited flexibility to navigate further downturns in infrastructure spending cycles.

While the current ratio appears superficially healthy, the lack of consistent operating cash flow means that the company's liquidity is highly sensitive to the timing of milestone payments. The firm's dependence on external financing to cover its ongoing burn rate warrants close monitoring of its remaining cash runway.

Misapplication of P/S Valuation Multiples

The P/S ratio is frequently misapplied to ASNS, as it obscures the company's underlying structural inability to convert revenue into gross profit, leading investors to incorrectly assume that revenue growth alone would be sufficient to reach profitability without a fundamental restructuring of the cost base.

Because the company operates with a high fixed-cost structure and negative operating margins, revenue growth is not a reliable proxy for value creation. Analysts should instead focus on the contribution margin per unit and the ratio of operating expenses to gross profit to better assess the company's path to operational self-sufficiency.

Download Financial Ratios Data

Includes 30+ ratios · 6 years · Updated daily

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ASNS — Frequently Asked Questions

Quick answers to the most common questions about buying ASNS stock.

What is Actelis Networks, Inc.'s P/E ratio?

Actelis Networks, Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is Actelis Networks, Inc.'s ROE?

Actelis Networks, Inc.'s return on equity (ROE) is -212.3%. The historical average is -288.0%.

Is ASNS stock overvalued?

Based on historical data, Actelis Networks, Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Actelis Networks, Inc.'s profit margins?

Actelis Networks, Inc. has 33.2% gross margin and -195.7% operating margin.