Ascent Solar Technologies, Inc. Common Stock (ASTI) Financial Ratios
21 years of historical data (2005–2025) · Energy · Solar
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↓
3.31
↓-32% vs avg
5yr avg: 4.86
30Y Low0.9·High10.6
ROE
↑
-233.2%
↓+80% vs avg
5yr avg: -1147.4%
30Y Low-357%·High-14%
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.
ASTI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ascent Solar Technologies, Inc. Common Stock 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 | $20M | $11M | $3M | $891750 | $49M | $60M | $145M | $15M | $23M | $6M | — |
| Enterprise Value | $19M | $9M | $2M | $4M | $47M | $68M | $164M | $33M | $36M | $16M | — |
| P/E Ratio → | -1.40 | — | — | — | — | — | 89.52 | — | — | — | — |
| P/S Ratio | — | — | 68.89 | 1.95 | 39.72 | 98.31 | 2173.75 | 24.09 | 26.67 | 9.34 | — |
| P/B Ratio | 3.31 | 3.15 | 0.85 | — | 10.59 | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
ASTI 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 | — | — | 42.44 | 8.88 | 38.58 | 111.79 | 2462.71 | 50.94 | 42.23 | 25.21 | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | 32.01 | 8.17 | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
ASTI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Operating margins have compressed from -3413.6% to -20378.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -233.2% 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 | — | — | -254.2% | -312.9% | -64.5% | -213.0% | -162.1% | 23.1% | -17.8% | -338.3% | -234.4% |
| Operating Margin | — | — | -20378.5% | -3413.6% | -1394.8% | -1446.3% | -3684.8% | -509.6% | -761.8% | -2203.1% | -1409.5% |
| Net Profit Margin | — | — | -21794.3% | -3724.9% | -1615.5% | -987.2% | 2428.1% | -762.6% | -1859.5% | -2890.2% | -2223.4% |
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 | -233.2% | -233.2% | -985.3% | -1116.1% | -2255.2% | — | — | — | — | — | — |
| ROA | -116.2% | -116.2% | -129.9% | -133.4% | -125.3% | -59.3% | 24.9% | -81.6% | -227.9% | -191.4% | -255.9% |
| ROIC | -275.5% | -275.5% | -326.3% | -485.3% | -299.6% | -298.7% | — | — | — | — | -920.4% |
| ROCE | -175.1% | -175.1% | -283.8% | -210.6% | -145.2% | -219.3% | — | — | — | — | -2300.1% |
ASTI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $3M exceeds total debt of $1M, 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 | 0.44 | 0.44 | 0.61 | — | 2.20 | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.40 | -0.33 | — | -0.31 | — | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | -12.82 | -7.20 | -6.31 | -8.08 | -0.70 | -0.37 | -0.89 | -2.06 | -3.12 |
Net cash position: cash ($3M) exceeds total debt ($1M)
ASTI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.53x means Ascent Solar Technologies, Inc. Common Stock can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 0.27x to 1.53x 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 | 1.53 | 1.53 | 1.63 | 0.27 | 2.50 | 2.25 | 0.09 | 0.02 | 0.04 | 0.11 | 0.23 |
| Quick Ratio | 1.29 | 1.29 | 1.43 | 0.19 | 2.38 | 2.05 | 0.03 | 0.00 | 0.01 | 0.04 | 0.09 |
| Cash Ratio | 1.26 | 1.26 | 1.39 | 0.18 | 2.31 | 1.95 | 0.02 | — | 0.00 | 0.01 | 0.01 |
| Asset Turnover | — | — | 0.01 | 0.07 | 0.07 | 0.05 | 0.01 | 0.11 | 0.14 | 0.08 | 0.15 |
| Inventory Turnover | 0.36 | 0.36 | 0.33 | 4.23 | 3.27 | 3.21 | 0.33 | 0.92 | 1.54 | 2.71 | 2.27 |
| Days Sales Outstanding | — | — | — | — | 0.53 | 29.58 | 30.35 | — | 69.90 | 3.78 | 114.72 |
ASTI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ascent Solar Technologies, Inc. Common Stock 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 | — | — | — | — | — | — | 1.1% | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 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% | — |
| Shares Outstanding | — | $3M | $882547 | $10250 | $1490 | $239 | $181 | $1538 | $23 | $6 | $0 |
Peer Comparison
Compare ASTI 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 |
|---|---|---|---|---|---|---|---|---|---|
 ASTIYou | $20M | -1.4 | — | — | — | — | -233.2% | -275.5% | — |
 FSLR | $24B | 15.5 | 9.6 | 19.9 | 40.6% | 32.3% | 17.4% | 17.6% | 0.2 |
 ARRY | $1B | -11.7 | 13.9 | 16.4 | 21.2% | 6.6% | -19.0% | 9.0% | 5.8 |
 SHLS | $1B | 44.2 | 25.4 | — | 35.0% | 11.9% | 5.8% | 5.9% | 2.7 |
 SPWR | $925M | -16.3 | — | — | 48.5% | -2.0% | — | -5.3% | — |
 CSIQ | $1B | -12.9 | — | — | 18.3% | -0.5% | -2.5% | -0.2% | — |
 JKS | $322M | -0.5 | — | — | 2.2% | -11.1% | -14.0% | -9.2% | — |
 DQ | $1B | -7.3 | — | — | -20.7% | -40.6% | -2.9% | -4.1% | — |
 MAXN | $6M | -0.0 | — | — | -49.0% | -113.3% | — | -351.1% | — |
 ENPH | $5B | 28.3 | 22.7 | 50.1 | 46.6% | 11.2% | 17.9% | 6.8% | 5.1 |
 SEDG | $3B | -6.0 | — | 31.1 | 15.3% | -24.1% | -74.7% | -29.5% | — |
| Energy Median | — | 16.6 | 8.1 | 14.3 | 32.3% | 14.3% | 7.8% | 6.3% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
See ASTI's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs ASTI Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare ASTI vs FSLR
Side-by-side business, growth, and profitability comparison vs First Solar, Inc..
Start ComparisonASTI — Frequently Asked Questions
Quick answers to the most common questions about buying ASTI stock.
What is Ascent Solar Technologies, Inc. Common Stock's P/E ratio?
Ascent Solar Technologies, Inc. Common Stock's current P/E ratio is -1.4x. The historical average is 89.5x.
What is Ascent Solar Technologies, Inc. Common Stock's ROE?
Ascent Solar Technologies, Inc. Common Stock's return on equity (ROE) is -233.2%. The historical average is -102.8%.
Is ASTI stock overvalued?
Based on historical data, Ascent Solar Technologies, Inc. Common Stock is trading at a P/E of -1.4x. Compare with industry peers and growth rates for a complete picture.