Latest Ratios: P/E Ratio 24.7x · EV/EBITDA 16.7x · ROE 36.3%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $318M | $294M | $127M | $42M | $56M | $36M | $38M | $39M | $50M | $48M | $67M |
| Enterprise Value | $297M | $272M | $121M | $47M | $63M | $30M | $35M | $38M | $39M | $41M | $56M |
| P/E Ratio → | 24.71 | 21.68 | 15.24 | — | — | — | 196.24 | — | — | — | 25.00 |
| P/S Ratio | 3.69 | 3.41 | 1.66 | 0.57 | 1.10 | 0.79 | 0.86 | 0.98 | 1.02 | 1.23 | 1.33 |
| P/B Ratio | 7.49 | 6.57 | 4.27 | 1.97 | 2.79 | 1.10 | 1.61 | 1.69 | 1.82 | 1.51 | 1.88 |
| P/FCF | 17.29 | 15.96 | 12.46 | — | — | — | 10.88 | — | 12.97 | — | 7.21 |
| P/OCF | 16.37 | 15.11 | 11.12 | 25.32 | — | — | 8.56 | — | 9.55 | — | 6.27 |
P/E links to full P/E history page with 30-year chart
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 | — | 3.16 | 1.59 | 0.63 | 1.24 | 0.67 | 0.79 | 0.95 | 0.79 | 1.05 | 1.11 |
| EV / EBITDA | 16.72 | 15.34 | 12.76 | 54.53 | — | 153.98 | 14.88 | — | 11.72 | — | 10.77 |
| EV / EBIT | 18.58 | 17.04 | 15.90 | — | — | — | 35.00 | — | — | — | 13.14 |
| EV / FCF | — | 14.81 | 11.90 | — | — | — | 9.95 | — | 10.08 | — | 6.04 |
Margins and return-on-capital ratios measuring operating efficiency
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 | 48.8% | 48.8% | 37.9% | 30.0% | 19.3% | 35.8% | 40.8% | 39.0% | 40.5% | 24.2% | 33.7% |
| Operating Margin | 18.6% | 18.6% | 10.2% | -1.0% | -21.7% | -2.6% | 2.3% | -10.9% | 4.9% | -12.8% | 8.5% |
| Net Profit Margin | 15.7% | 15.7% | 10.9% | -3.0% | -22.8% | -3.7% | 0.4% | -6.6% | -0.4% | -9.2% | 5.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 36.3% | 36.3% | 32.7% | -10.8% | -44.1% | -6.0% | 0.8% | -10.3% | -0.7% | -10.7% | 7.6% |
| ROA | 23.5% | 23.5% | 16.6% | -4.5% | -23.4% | -3.8% | 0.5% | -6.8% | -0.5% | -8.5% | 6.6% |
| ROIC | 50.5% | 50.5% | 23.4% | -2.2% | -30.8% | -3.8% | 3.5% | -17.1% | 8.8% | -15.2% | 11.7% |
| ROCE | 35.7% | 35.7% | 23.5% | -2.8% | -34.6% | -3.6% | 3.4% | -15.2% | 7.8% | -14.6% | 12.0% |
Solvency and debt-coverage ratios — lower is generally safer
| 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 | 0.04 | 0.39 | 0.43 | 0.16 | 0.15 | 0.15 | — | — | — |
| Debt / EBITDA | 0.09 | 0.09 | 0.13 | 9.71 | — | 25.55 | 1.52 | — | — | — | — |
| Net Debt / Equity | — | -0.47 | -0.19 | 0.23 | 0.34 | -0.17 | -0.14 | -0.06 | -0.41 | -0.22 | -0.30 |
| Net Debt / EBITDA | -1.19 | -1.19 | -0.61 | 5.68 | — | -27.89 | -1.40 | — | -3.37 | — | -2.09 |
| Debt / FCF | — | -1.15 | -0.57 | — | — | — | -0.93 | — | -2.90 | — | -1.17 |
| Interest Coverage | — | — | 28.73 | -2.78 | -79.78 | -22.57 | 124.25 | — | — | — | — |
Net cash position: cash ($23M) exceeds total debt ($2M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.21 | 4.21 | 2.64 | 1.82 | 1.58 | 3.07 | 2.72 | 2.55 | 3.12 | 3.59 | 4.68 |
| Quick Ratio | 2.85 | 2.85 | 1.38 | 0.65 | 0.61 | 1.68 | 1.60 | 1.11 | 1.96 | 2.19 | 2.48 |
| Cash Ratio | 1.96 | 1.96 | 0.51 | 0.17 | 0.08 | 0.87 | 0.72 | 0.50 | 1.14 | 1.58 | 1.71 |
| Asset Turnover | — | 1.35 | 1.49 | 1.50 | 1.04 | 0.90 | 1.14 | 1.06 | 1.26 | 0.92 | 1.19 |
| Inventory Turnover | 2.78 | 2.78 | 2.70 | 2.17 | 1.86 | 1.71 | 2.48 | 1.81 | 2.56 | 2.08 | 2.40 |
| Days Sales Outstanding | — | 30.60 | 35.02 | 38.93 | 76.05 | 66.21 | 53.47 | 36.08 | 42.29 | 51.18 | 24.83 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 | — | — | — | — | 3.6% | 3.3% | 2.6% | 2.6% | 2.1% | 6.3% | 3.7% |
| Payout Ratio | — | — | — | — | — | — | 516.5% | — | — | — | 92.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.0% | 4.6% | 6.6% | — | — | — | 0.5% | — | — | — | 4.0% |
| FCF Yield | 5.8% | 6.3% | 8.0% | — | — | — | 9.2% | — | 7.7% | — | 13.9% |
| Buyback Yield | 0.4% | 0.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.7% | 2.6% | 6.5% | 1.3% | 0.2% |
| Total Shareholder Yield | 0.4% | 0.4% | 0.0% | 0.0% | 3.6% | 3.3% | 3.3% | 5.2% | 8.6% | 7.6% | 3.9% |
| Shares Outstanding | — | $4M | $4M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M |
Supply chain component dependency
According to recent market data, BKTI trades at a P/E of 23.92, which, when viewed alongside a PEG ratio of 0.21, suggests that the market may be significantly underestimating the company's earnings growth potential relative to its current valuation multiples compared to broader technology hardware peers.
The low PEG ratio implies that the market is pricing BKTI as a stagnant hardware vendor rather than a company successfully scaling its BKR 9000 product line. Investors should monitor whether this valuation gap narrows as the company demonstrates sustained margin expansion and successful penetration into urban municipal markets.
Based on reported financial statements, BKTI has seen its ROIC climb from 2.8% in 2024Q1 to 11.3% in 2026Q1, indicating that the company is becoming increasingly effective at generating returns on its invested capital as it scales its specialized P25-compliant hardware business model.
This upward trend in ROIC suggests that management's focus on the BKR product refresh is yielding tangible efficiency gains. The improvement appears driven by both margin expansion and better asset utilization, though investors should watch for potential dilution of these returns if R&D spending for future product iterations accelerates.
As reported in recent filings, the company's cash conversion cycle remains elevated at 116 days in 2026Q1, primarily driven by high days inventory outstanding, which reflects the necessity of maintaining significant component stockpiles to mitigate supply chain risks inherent in the specialized public safety equipment industry.
While the CCC has improved from the 154-day peak in 2024Q1, the persistent inventory burden suggests that BKTI remains vulnerable to component lead-time fluctuations. This structural requirement for high inventory levels warrants careful monitoring, as it directly impacts the company's ability to optimize free cash flow generation.
The P/S ratio is frequently misapplied to BKTI, as it obscures the company's transition toward higher-margin, mission-critical hardware and potential SaaS revenue, failing to account for the unique pricing power afforded by P25 regulatory certifications that differentiate it from commoditized consumer electronics manufacturers.
Using a simple P/S multiple ignores the qualitative shift in the company's product mix and the defensive nature of its government-funded customer base. Analysts should instead prioritize EV/EBITDA or FCF-based metrics to better capture the underlying cash-generating capacity of the business as it moves away from legacy hardware cycles.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying BKTI stock.
BK Technologies Corporation's current P/E ratio is 24.7x. The historical average is 45.8x. This places it at the 40th percentile of its historical range.
BK Technologies Corporation's current EV/EBITDA is 16.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 19.1x.
BK Technologies Corporation's return on equity (ROE) is 36.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -2.8%.
Based on historical data, BK Technologies Corporation is trading at a P/E of 24.7x. This is at the 40th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
BK Technologies Corporation has 48.8% gross margin and 18.6% operating margin. Operating margin between 10-20% is typical for established companies.
BK Technologies Corporation's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.