Latest Ratios: P/E Ratio -0.0x · EV/EBITDA 8.5x · ROE -407.5%. (2007–2025 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 | $3M | $749384 | $342M | $9.7B | $7.9B | $6.6B | $3.0B | $720M | $450M | $410M | $340M |
| Enterprise Value | $17M | $15M | $362M | $9.7B | $7.9B | $6.6B | $3.0B | $723M | $457M | $413M | $356M |
| P/E Ratio → | -0.00 | — | — | — | — | — | — | — | — | 92.84 | 68.29 |
| P/S Ratio | 0.04 | 0.01 | 5.12 | 162.88 | 156.74 | 153.95 | 70.09 | 18.34 | 5.00 | 3.40 | 3.63 |
| P/B Ratio | 0.00 | 0.09 | 69.01 | 1158.94 | 538.34 | 281.90 | 95.48 | 32.78 | 12.75 | 10.51 | 21.67 |
| P/FCF | — | — | — | — | — | — | — | 316.34 | — | — | 47.02 |
| P/OCF | 19.47 | 4.70 | — | — | — | — | — | 182.95 | — | 370.13 | 43.06 |
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 | — | 0.19 | 5.41 | 163.24 | 156.98 | 153.81 | 69.99 | 18.42 | 5.08 | 3.43 | 3.80 |
| EV / EBITDA | 8.51 | 7.33 | — | — | — | 1125.02 | 6482.93 | — | — | 50.07 | 48.40 |
| EV / EBIT | 33.12 | — | — | — | — | 1797.51 | — | — | — | 76.15 | 52.72 |
| EV / FCF | — | — | — | — | — | — | — | 317.80 | — | — | 49.26 |
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 | 40.4% | 40.4% | 41.1% | 43.3% | 37.9% | 39.3% | 44.5% | 39.6% | 34.9% | 33.1% | 31.2% |
| Operating Margin | 0.7% | 0.7% | -7.9% | -2.5% | -27.0% | 8.6% | -5.1% | -19.0% | -12.1% | 4.2% | 5.4% |
| Net Profit Margin | -36.4% | -36.4% | -10.8% | -15.5% | -26.4% | 0.9% | -20.4% | -28.8% | -10.3% | 3.6% | 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 | -407.5% | -407.5% | -108.7% | -80.0% | -69.6% | 1.4% | -33.0% | -39.5% | -24.9% | 16.1% | 43.8% |
| ROA | -60.6% | -60.6% | -15.6% | -19.5% | -26.9% | 0.7% | -16.4% | -20.2% | -13.4% | 7.0% | 12.7% |
| ROIC | 1.6% | 1.6% | -14.7% | -4.0% | -46.2% | 12.3% | -6.3% | -16.5% | -19.3% | 10.3% | 16.0% |
| ROCE | 2.1% | 2.1% | -22.6% | -7.3% | -50.6% | 9.0% | -5.7% | -20.1% | -22.8% | 12.6% | 22.7% |
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 | 2.15 | 2.15 | 4.66 | 3.21 | 1.49 | 0.39 | 0.48 | 0.23 | 0.23 | 0.36 | 1.42 |
| Debt / EBITDA | 9.46 | 9.46 | — | — | — | 1.57 | 32.30 | — | — | 1.69 | 3.03 |
| Net Debt / Equity | — | 1.58 | 3.87 | 2.57 | 0.82 | -0.26 | -0.14 | 0.15 | 0.20 | 0.09 | 1.04 |
| Net Debt / EBITDA | 6.95 | 6.95 | — | — | — | -1.05 | -9.19 | — | — | 0.42 | 2.21 |
| Debt / FCF | — | — | — | — | — | — | — | 1.45 | — | — | 2.25 |
| Interest Coverage | -11.94 | -11.94 | -2.45 | -0.21 | -1.79 | 1.26 | -0.60 | -1.64 | -16.35 | 5.88 | 10.03 |
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 | 1.22 | 1.22 | 1.44 | 1.07 | 1.25 | 1.77 | 2.58 | 1.21 | 1.46 | 2.31 | 1.47 |
| Quick Ratio | 0.94 | 0.94 | 1.06 | 0.75 | 0.91 | 1.48 | 2.12 | 0.87 | 0.94 | 1.45 | 0.91 |
| Cash Ratio | 0.21 | 0.21 | 0.21 | 0.20 | 0.39 | 0.79 | 1.38 | 0.14 | 0.04 | 0.52 | 0.24 |
| Asset Turnover | — | 1.60 | 1.52 | 1.23 | 1.10 | 0.81 | 0.68 | 0.88 | 1.34 | 1.72 | 1.67 |
| Inventory Turnover | 6.92 | 6.92 | 5.64 | 3.85 | 3.68 | 4.62 | 3.56 | 4.55 | 5.16 | 4.67 | 4.58 |
| Days Sales Outstanding | — | 69.28 | 70.36 | 76.18 | 46.60 | 66.10 | 68.10 | 67.21 | 64.68 | 46.78 | 52.85 |
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 | — | — | — | — | — | — | — | — | — | 0.1% | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | 12.0% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | 1.1% | 1.5% |
| FCF Yield | — | — | — | — | — | — | — | 0.3% | — | — | 2.1% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.5% | 0.0% |
| Shares Outstanding | — | $13240 | $9450 | $9670 | $7880 | $6640 | $3050 | $720 | $450 | $410 | $340 |
Persistent Operating Losses
Based on reported figures, Cemtrex's ROIC has remained largely negative over the last ten quarters, with a notable exception in 2025Q2, suggesting that the company has struggled to generate sustainable returns on invested capital compared to its historical performance and broader industrial sector benchmarks.
The erratic nature of ROIC, which swung from 15.6% in 2025Q2 to -4.3% in 2026Q2, indicates that the company's capital allocation strategy is highly sensitive to project-based revenue volatility. This lack of consistent compounding suggests that the firm's investments in technology and industrial services have yet to achieve the necessary scale to overcome the underlying cost structure.
According to recent financial statements, the company's cash conversion cycle has remained elevated, averaging approximately 95 days over the last ten quarters, which highlights significant inefficiencies in managing receivables and inventory relative to its industrial service peers and historical operational benchmarks.
The persistent length of the cash conversion cycle, particularly the DSO hovering around 70-80 days, suggests that Cemtrex faces structural challenges in converting project milestones into cash. This inefficiency forces a reliance on external financing to bridge the gap between service delivery and final payment collection.
As reported in financial filings, the current ratio has fluctuated between 0.92 and 2.38 over the past ten quarters, indicating that the company's ability to meet short-term obligations is highly dependent on the timing of project-based cash inflows rather than a stable, self-sustaining liquidity position.
The volatility in the quick ratio, which dipped as low as 0.64 in 2024Q1, suggests that the company's liquidity is vulnerable to sudden shifts in industrial demand or delays in government contract payments. Investors should monitor this closely, as the lack of a consistent liquidity cushion may necessitate further dilutive capital raises.
Based on an analysis of the company's valuation, the Price-to-Sales ratio is frequently misapplied to Cemtrex, as it obscures the massive discrepancy between gross margins and the company's inability to translate top-line revenue into positive net income or sustainable free cash flow.
Using P/S as a primary valuation metric for this business model is misleading because it ignores the high SG&A burden and the lumpy nature of project-based revenue. A more appropriate focus would be on the company's ability to achieve operating leverage, which remains absent, rather than simple revenue multiples.
Includes 30+ ratios · 19 years · Updated daily
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Quick answers to the most common questions about buying CETX stock.
Cemtrex, Inc.'s current P/E ratio is -0.0x. The historical average is 86.2x.
Cemtrex, Inc.'s current EV/EBITDA is 8.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 48.5x.
Cemtrex, Inc.'s return on equity (ROE) is -407.5%. The historical average is -12.8%.
Based on historical data, Cemtrex, Inc. is trading at a P/E of -0.0x. Compare with industry peers and growth rates for a complete picture.
Cemtrex, Inc. has 40.4% gross margin and 0.7% operating margin.
Cemtrex, Inc.'s Debt/EBITDA ratio is 9.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.