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BNBXBNB Plus Corp.
$0.35$451331
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  2. Financial Ratios

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  3. BNBX
  4. Financial Ratios

BNB Plus Corp. (BNBX) Financial Ratios

Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -780.8%. (2025–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BNBX Valuation Multiples

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

MetricTTMFY 2025
Market Cap$451331—
Enterprise Value$-1023219—
P/E Ratio →-0.00—
P/S Ratio0.21—
P/B Ratio0.09—
P/FCF——
P/OCF——

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

BNBX EV Ratios

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

MetricTTMFY 2025
EV / Revenue——
EV / EBITDA——
EV / EBIT——
EV / FCF——

BNBX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2025
Gross Margin39.3%39.3%
Operating Margin-750.9%-750.9%
Net Profit Margin-709.5%-709.5%

Return on Capital

MetricTTMFY 2025
ROE-780.8%-780.8%
ROA-341.7%-341.7%
ROIC-2576.3%-2576.3%
ROCE-813.1%-813.1%

BNBX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025
Debt / Equity0.100.10
Debt / EBITDA——
Net Debt / Equity—-0.76
Net Debt / EBITDA——
Debt / FCF——
Interest Coverage——

Net cash position: cash ($2M) exceeds total debt ($193250)

BNBX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025
Current Ratio0.910.91
Quick Ratio0.870.87
Cash Ratio0.680.68
Asset Turnover—0.48
Inventory Turnover15.4315.43
Days Sales Outstanding—40.55

BNBX 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 2025
Dividend Yield——
Payout Ratio——

Total Shareholder Return Metrics

MetricTTMFY 2025
Earnings Yield——
FCF Yield——
Buyback Yield0.0%—
Total Shareholder Yield0.0%—
Shares Outstanding—$517671

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Speculative Pricing Amidst Operational Decay

Based on current market data, BNBX trades at a price-to-sales ratio of 0.24, which appears to reflect a distressed valuation rather than growth potential, as investors heavily discount the firm's ability to convert its specialized mRNA diagnostic pipeline into meaningful, long-term shareholder value.

The low P/S multiple suggests the market is pricing the company as a terminal asset rather than a growth-stage biotech firm. This valuation disconnect implies that the market has largely abandoned expectations for near-term commercial success, viewing the equity primarily as a high-risk option on potential intellectual property liquidation.

Negative Margins Mask Operational Inefficiency

As reported in recent financial statements, the company's operating margin of -750.92% highlights a profound inability to scale, with administrative and research overhead vastly outpacing the modest $2.1M revenue base, rendering traditional profitability metrics largely irrelevant for assessing the firm's current earning power.

The extreme disparity between gross and operating margins indicates that the company is burdened by a fixed-cost structure that is far too large for its current diagnostic volume. Investors should monitor whether the firm can achieve any semblance of operating leverage, though current trends suggest that costs are rising faster than the company's ability to capture market share.

Working Capital Volatility Hinders Liquidity

According to quarterly filings, the company's cash conversion cycle has remained erratic, swinging from -1394 days in 2024Q3 to -353 days in 2026Q2, which suggests significant friction in collecting payments from third-party payers and managing the underlying laboratory supply chain effectively.

The extreme fluctuations in DSO and DPO indicate that the company lacks a stable relationship with its customers and suppliers, likely due to its early-stage commercial status. This inefficiency in working capital management exacerbates the firm's cash burn, as it is forced to carry significant receivables while struggling to maintain its own liquidity.

Critical Cash Runway Depletion Risk

Based on the latest quarterly data, the company's current ratio has declined to 1.82, and with cash reserves dwindling to $1.6M, the firm faces an acute liquidity crisis that likely necessitates immediate and potentially dilutive external financing to sustain its ongoing laboratory operations.

The rapid erosion of the cash position relative to the high burn rate suggests that the company is approaching a point of insolvency unless it can secure additional capital. The reliance on equity-based financing appears inevitable, which would further dilute existing shareholders and potentially depress the stock price given the lack of fundamental operational progress.

Misapplication of Price-to-Book Ratio

The price-to-book ratio of 0.10 is frequently misapplied to BNBX, as it erroneously suggests the stock is undervalued, when in reality, the book value is heavily distorted by massive accumulated deficits and a lack of tangible assets capable of generating future cash flows.

Investors should avoid using P/B as a valuation anchor for this business model, as the company's assets are primarily intangible and have not demonstrated the ability to produce returns on capital. A more appropriate focus would be the cash burn rate and the probability of achieving clinical milestones, rather than the accounting value of the firm's depleted balance sheet.

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Includes 30+ ratios · 1 years · Updated daily

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BNBX — Frequently Asked Questions

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

What is BNB Plus Corp.'s P/E ratio?

BNB Plus Corp.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.

What is BNB Plus Corp.'s ROE?

BNB Plus Corp.'s return on equity (ROE) is -780.8%.

Is BNBX stock overvalued?

Based on historical data, BNB Plus Corp. 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 BNB Plus Corp.'s profit margins?

BNB Plus Corp. has 39.3% gross margin and -750.9% operating margin.