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BJDXBluejay Diagnostics, Inc.
$1.42$644028
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Bluejay Diagnostics, Inc. (BJDX) Financial Ratios

Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -117.0%. (2019–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BJDX 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 2020FY 2019
Market Cap$644028$1M$893119$67M$383M$2.6B——
Enterprise Value$-4400636$-3845719$-3186577$65M$373M$2.6B——
P/E Ratio →-0.09———————
P/S Ratio————1537.95———
P/B Ratio0.110.200.1623.1133.19126.31——
P/FCF————————
P/OCF————————

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

BJDX EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
EV / Revenue————1499.31———
EV / EBITDA————————
EV / EBIT————————
EV / FCF————————

BJDX 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 2020FY 2019
Gross Margin————19.6%———
Operating Margin————-3741.5%———
Net Profit Margin————-3733.1%———

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
ROE-117.0%-117.0%-179.0%-137.9%-58.2%-46.1%——
ROA-99.4%-99.4%-133.9%-108.3%-53.8%-33.1%-92.5%-82.7%
ROIC-404.2%-404.2%-399.9%-522.8%-429.7%———
ROCE-117.4%-117.4%-160.3%-137.7%-57.8%-32.2%-20070.3%-479.9%

BJDX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Debt / Equity0.020.020.040.120.04———
Debt / EBITDA————————
Net Debt / Equity—-0.84-0.71-0.64-0.83-0.93——
Net Debt / EBITDA————————
Debt / FCF————————
Interest Coverage-8161.67-8161.67-8.38——-8.49-44.32—

Net cash position: cash ($5M) exceeds total debt ($120211)

BJDX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Current Ratio4.884.886.051.827.1932.430.570.52
Quick Ratio4.884.886.051.827.1932.430.530.31
Cash Ratio4.614.615.311.256.1729.890.490.17
Asset Turnover————0.02———
Inventory Turnover——————1.851.16
Days Sales Outstanding————————

BJDX 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 2020FY 2019
Dividend Yield—————0.0%——
Payout Ratio————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Earnings Yield————————
FCF Yield————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%——
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%——
Shares Outstanding—$449043$45848$34266$31506$31425$19835$19835

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Pre-Revenue Valuation Reflects High Uncertainty

According to recent financial data, BJDX trades at a price-to-book ratio of 0.22, which suggests that the market is heavily discounting the company's asset base due to the absence of commercial revenue and the significant risks associated with its pre-revenue developmental stage in the diagnostic sector.

The low P/B multiple indicates that investors are assigning little value to the company's tangible assets, likely viewing them as specialized equipment with limited liquidation value. This valuation profile is typical for firms where the primary value resides in future regulatory milestones rather than current book value, suggesting that the market remains skeptical of the timeline to commercialization.

Capital Destruction Outpaces Value Creation

Based on reported figures, the company's ROIC has remained deeply negative, reaching -189.3% in 2026Q1, which highlights the severe erosion of invested capital as the firm continues to fund extensive R&D and clinical trial activities without any offsetting top-line revenue generation to support its operations.

The persistent decay in ROIC suggests that every dollar of capital deployed is currently failing to generate a return, reflecting the high-risk nature of the Symphony platform's development. Investors should monitor whether future clinical successes can reverse this trend, as the current level of capital destruction appears unsustainable without a fundamental shift in the business model.

Liquidity Runway Narrows Under Pressure

As reported in financial statements, the current ratio has fluctuated significantly, dropping to 2.81 in 2026Q1 from a peak of 6.26 in 2024Q3, which indicates a tightening liquidity position as the company consumes its cash reserves to meet ongoing operational and clinical trial obligations.

While the current ratio remains above unity, the rapid decline in liquidity suggests that the company's ability to withstand further delays in regulatory approval is diminishing. This trend warrants close monitoring, as the firm may be forced to seek dilutive financing sooner than anticipated to maintain its current operational trajectory.

Structural Divergence From Diagnostic Peers

Compared to established diagnostic players like IDEXX Laboratories, which boasts a 42.5% ROIC, BJDX's negative return profile highlights a structural gap that reflects its pre-commercial status versus the mature, cash-generative operations of industry leaders that dominate the point-of-care diagnostic market.

The stark contrast in performance metrics underscores that BJDX is currently a speculative venture rather than an operational peer to large-cap diagnostic firms. Investors should recognize that the valuation gap is not merely a temporary discount but a reflection of the fundamental difference in risk and maturity between the two groups.

Misapplication of Traditional Profitability Metrics

Analysts often misapply traditional profitability ratios like net margin to BJDX, which obscures the reality that the company is in a pre-revenue phase where negative margins are a structural feature of its current R&D-heavy business model rather than an indicator of poor operational efficiency.

Focusing on net margins for a company without revenue is misleading, as it fails to capture the progress of clinical milestones or the value of the underlying technology platform. Instead, investors should prioritize tracking the 'cash burn to clinical milestone' ratio, which provides a more accurate assessment of the company's survival and potential for future value creation.

Download Financial Ratios Data

Includes 30+ ratios · 7 years · Updated daily

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BJDX — Frequently Asked Questions

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

What is Bluejay Diagnostics, Inc.'s P/E ratio?

Bluejay Diagnostics, Inc.'s current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.

What is Bluejay Diagnostics, Inc.'s ROE?

Bluejay Diagnostics, Inc.'s return on equity (ROE) is -117.0%. The historical average is -107.7%.

Is BJDX stock overvalued?

Based on historical data, Bluejay Diagnostics, Inc. is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.