Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE N/A. (2021–2023 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Market Cap | $66425 | $1M | — | — |
| Enterprise Value | $22M | $23M | — | — |
| P/E Ratio → | -0.00 | — | — | — |
| P/S Ratio | 0.00 | 0.10 | — | — |
| P/B Ratio | — | — | — | — |
| P/FCF | — | — | — | — |
| P/OCF | — | — | — | — |
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 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| EV / Revenue | — | 1.58 | — | — |
| EV / EBITDA | — | — | — | — |
| EV / EBIT | — | — | — | — |
| EV / FCF | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Gross Margin | 15.5% | 15.5% | 31.1% | -11.9% |
| Operating Margin | -90.7% | -90.7% | -12.2% | -291.9% |
| Net Profit Margin | -510.5% | -510.5% | -29.2% | -638.5% |
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ROE | — | — | -216.9% | — |
| ROA | -257.1% | -257.1% | -13.6% | -119.6% |
| ROIC | — | — | -9.7% | -122.6% |
| ROCE | — | — | -98.5% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Debt / Equity | — | — | 6.90 | — |
| Debt / EBITDA | — | — | 52.66 | — |
| Net Debt / Equity | — | — | 6.79 | — |
| Net Debt / EBITDA | — | — | 51.81 | — |
| Debt / FCF | — | — | — | — |
| Interest Coverage | -5.38 | -5.38 | -2.67 | -14.65 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Current Ratio | 0.21 | 0.21 | 0.33 | 0.25 |
| Quick Ratio | 0.11 | 0.11 | 0.12 | 0.21 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.00 |
| Asset Turnover | — | 0.68 | 0.55 | 0.19 |
| Inventory Turnover | 2.60 | 2.60 | 2.43 | 4.29 |
| Days Sales Outstanding | — | 105.98 | 31.34 | 296.44 |
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 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Dividend Yield | — | — | — | — |
| Payout Ratio | — | — | — | — |
| Metric | TTM | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Earnings Yield | — | — | — | — |
| FCF Yield | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $18M | $28M | $31M |
Imminent liquidity crisis
As reported in financial statements, the company's net margin of -510.54% underscores a severe lack of profitability, suggesting that current operating expenses are fundamentally misaligned with the $14.6 million revenue base and that the firm is struggling to achieve the necessary scale for viable unit economics.
The gross margin of 15.54% appears insufficient to absorb the high fixed costs associated with specialized architectural glass manufacturing. This suggests that without a significant shift toward standardized product dimensions or improved manufacturing yields, the company may continue to face substantial pressure on its bottom line.
According to recent SEC filings, the company maintains a precarious cash balance of only $476,715, which indicates a high risk of insolvency given the current burn rate and the lack of a sufficient liquidity buffer to meet short-term obligations in a volatile construction market.
The current ratio of 0.21 highlights a significant mismatch between short-term assets and liabilities, suggesting that the firm is heavily reliant on external financing to maintain operations. Investors should monitor for potential dilutive capital raises, as the current liquidity position appears inadequate for sustaining long-term project cycles.
Based on a comparison with industry peers like Daktronics, Captivision's financial profile appears structurally weaker, as evidenced by its negative net margins and lack of scale, which contrast sharply with the established profitability and market presence of more mature players in the digital display sector.
While peers benefit from diversified revenue streams and established manufacturing efficiencies, Captivision remains constrained by its project-based model and high overhead. This gap suggests that the company's current valuation may be overly optimistic if it fails to transition toward a more recurring, service-oriented revenue model.
The P/S ratio is frequently misapplied to this business model, as it obscures the underlying liquidity crisis and the high probability of future dilution, failing to account for the company's inability to convert project-based revenue into sustainable cash flow or positive operating margins.
Investors should instead focus on the cash burn rate and the conversion of the project pipeline, as these metrics provide a more accurate assessment of the firm's survival prospects. Relying on revenue multiples in a distressed, pre-profitability context may lead to a fundamental misunderstanding of the company's true financial risk.
Includes 30+ ratios · 3 years · Updated daily
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Quick answers to the most common questions about buying CAPTW stock.
Captivision Inc. Warrant's current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.
Based on historical data, Captivision Inc. Warrant 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.
Captivision Inc. Warrant has 15.5% gross margin and -90.7% operating margin.