Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -1897.2%. (2014–2025 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 | $729767 | $1M | $4M | $10M | $22M | $81M | $65M | $12M | $12M | $32M | — |
| Enterprise Value | $33M | $33M | $42M | $42M | $56M | $115M | $76M | $17M | $14M | $30M | — |
| P/E Ratio → | -0.02 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.01 | 0.01 | 0.03 | 0.06 | 0.10 | 0.44 | 1.18 | 0.36 | 0.31 | 1.23 | — |
| P/B Ratio | 0.39 | 0.85 | — | 0.22 | 0.41 | 1.52 | 1.45 | — | 1.49 | 2.89 | — |
| P/FCF | — | — | — | 0.99 | 256.24 | — | — | — | — | — | — |
| P/OCF | — | — | — | 0.87 | 18.09 | — | — | — | — | — | — |
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 | — | 0.30 | 0.31 | 0.24 | 0.25 | 0.62 | 1.38 | 0.51 | 0.37 | 1.18 | — |
| EV / EBITDA | — | — | 39.55 | — | 4.59 | 25.02 | — | — | — | — | — |
| EV / EBIT | — | — | — | — | 8.98 | — | — | — | — | — | — |
| EV / FCF | — | — | — | 4.11 | 665.61 | — | — | — | — | — | — |
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 | 30.8% | 30.8% | 34.5% | 35.8% | 29.2% | 25.1% | 18.0% | 27.1% | 22.9% | 24.9% | 36.4% |
| Operating Margin | -15.0% | -15.0% | -14.3% | -14.9% | 1.4% | -1.4% | -23.2% | -24.4% | -18.5% | -28.1% | 6.3% |
| Net Profit Margin | -21.8% | -21.8% | -20.9% | -22.2% | -1.7% | -7.5% | -29.4% | -28.5% | -19.0% | -25.4% | -10.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1897.2% | -1897.2% | -175.1% | -80.6% | -7.1% | -28.2% | -73.7% | -256.8% | -76.1% | -100.4% | -191.3% |
| ROA | -22.4% | -22.4% | -20.7% | -22.1% | -1.9% | -8.1% | -20.1% | -45.1% | -34.4% | -33.1% | -16.3% |
| ROIC | -42.3% | -42.3% | -28.6% | -24.1% | 2.6% | -2.7% | -31.7% | -83.5% | -52.9% | -56.6% | 20.3% |
| ROCE | -35.2% | -35.2% | -25.9% | -20.3% | 2.1% | -2.1% | -24.7% | -134.7% | -78.0% | -92.4% | 39.6% |
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 | 33.10 | 33.10 | — | 1.09 | 0.94 | 0.97 | 0.55 | — | 0.38 | 0.08 | 3.68 |
| Debt / EBITDA | — | — | 43.05 | — | 4.02 | 11.28 | — | — | — | — | 4.74 |
| Net Debt / Equity | — | 25.64 | — | 0.71 | 0.66 | 0.64 | 0.25 | — | 0.26 | -0.11 | 3.46 |
| Net Debt / EBITDA | — | — | 35.49 | — | 2.82 | 7.39 | — | — | — | — | 4.47 |
| Debt / FCF | — | — | — | 3.12 | 409.37 | — | — | — | — | — | 3.09 |
| Interest Coverage | -1.47 | -1.47 | -1.95 | -2.44 | 0.63 | -2.10 | -5.03 | -4.24 | -7.53 | -9.29 | -1.52 |
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 | 1.62 | 1.62 | 1.02 | 2.17 | 2.29 | 1.98 | 1.52 | 0.58 | 0.79 | 0.90 | 0.63 |
| Quick Ratio | 0.73 | 0.73 | 0.46 | 1.22 | 1.09 | 1.04 | 1.00 | 0.38 | 0.46 | 0.49 | 0.30 |
| Cash Ratio | 0.22 | 0.22 | 0.10 | 0.37 | 0.30 | 0.33 | 0.33 | 0.07 | 0.07 | 0.18 | 0.04 |
| Asset Turnover | — | 1.12 | 1.18 | 1.11 | 1.14 | 0.92 | 0.39 | 1.61 | 1.78 | 1.26 | 1.07 |
| Inventory Turnover | 1.98 | 1.98 | 2.06 | 2.57 | 2.70 | 2.69 | 2.15 | 7.26 | 6.93 | 4.18 | 3.11 |
| Days Sales Outstanding | — | 51.31 | 49.22 | 60.98 | 51.03 | 58.29 | 139.40 | 40.60 | 35.08 | 43.81 | 52.81 |
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 | — | — | 29.5% | 12.5% | 5.9% | 1.6% | 0.5% | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | 101.4% | 0.4% | — | — | — | — | — | — |
| 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% | 29.5% | 12.5% | 5.9% | 1.6% | 0.5% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $105182 | $62495 | $52528 | $48023 | $40867 | $29304 | $7423 | $6890 | $3788 | $2986 |
Liquidity and solvency constraints
As reported in recent financial statements, Boxlight's P/S ratio of 0.01 and P/B of 0.36 suggest that the market is pricing the company as a distressed asset rather than a growth-oriented technology firm, reflecting deep skepticism regarding its ability to return to profitability in the near term.
The current valuation multiples indicate that investors have largely abandoned growth expectations, focusing instead on the company's liquidation value. This pricing suggests that the market views the current revenue contraction as a permanent impairment of the business model rather than a cyclical downturn.
Based on the provided data, Boxlight's ROIC has consistently trended into negative territory, reaching -11.2% in 2026Q1, which demonstrates that the company is currently destroying shareholder value rather than compounding it through its core operational activities or previous strategic acquisitions.
The persistent negative ROIC highlights a fundamental inability to generate returns that exceed the cost of capital. This trend suggests that the capital deployed in past M&A activities has failed to yield the expected synergies, leaving the firm with an inefficient asset base that struggles to produce positive economic profit.
According to historical financial data, the company's cash conversion cycle has remained elevated, peaking at 218 days in 2025Q1, which indicates significant friction in converting inventory into cash and suggests that the firm is carrying excessive, potentially obsolete, hardware stock in a declining demand environment.
The high DIO, which reached 217 days in 2026Q1, points to a structural challenge in managing inventory turnover within the commoditized IFPD market. This inefficiency forces the company to tie up precious liquidity in hardware that may require future write-downs, further pressuring the already thin cash position.
As reported in recent filings, the quick ratio of 0.72 in 2026Q1 highlights a precarious liquidity position, indicating that the company lacks sufficient liquid assets to cover its immediate obligations without relying on the liquidation of slow-moving inventory or further external financing.
The reliance on inventory to meet current ratio requirements is a major red flag, as the marketability of older display technology is questionable. Investors should monitor the company's ability to manage its short-term liabilities, as the current liquidity profile leaves almost no margin for operational error.
Financial analysts frequently misapply the P/S ratio to Boxlight, which obscures the reality that the company's revenue is heavily weighted toward low-margin hardware sales that require significant working capital, rather than high-margin, scalable software subscriptions that would typically justify a higher revenue multiple.
Using P/S as a primary valuation tool ignores the underlying cost structure and the negative operating margins that define the business. A more appropriate metric would be an adjusted EV/Gross Profit or a focus on the software attachment rate, which would better capture the true earning power of the firm.
Includes 30+ ratios · 12 years · Updated daily
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Quick answers to the most common questions about buying BOXL stock.
Boxlight Corporation's current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.
Boxlight Corporation's return on equity (ROE) is -1897.2%. The historical average is -109.9%.
Based on historical data, Boxlight Corporation 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.
Boxlight Corporation has 30.8% gross margin and -15.0% operating margin.