8 years of historical data (2018–2025) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Commerce.com, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 12.0x P/FCF, 38% below the 5-year average of 19.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $226M | $331M | $475M | $731M | $640M | $2.5B | $4.5B | — | — |
| Enterprise Value | $347M | $452M | $607M | $1.0B | $899M | $2.6B | $4.3B | — | — |
| P/E Ratio → | -11.58 | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.66 | 0.97 | 1.43 | 2.36 | 2.29 | 11.41 | 29.27 | — | — |
| P/B Ratio | 5.67 | 8.41 | 14.23 | 28.64 | 14.01 | 18.14 | 20.57 | — | — |
| P/FCF | 12.02 | 17.59 | 21.08 | — | — | — | — | — | — |
| P/OCF | 8.24 | 12.07 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.32 | 1.82 | 3.26 | 3.22 | 11.64 | 27.93 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 24.04 | 26.92 | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Commerce.com, Inc. earns an operating margin of -4.7%. Operating margins have expanded from -23.4% to -4.7% over the past 3 years, signaling improving operational efficiency. A negative ROE of -53.2% indicates the company is currently destroying shareholder equity.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 78.7% | 78.7% | 76.7% | 76.0% | 74.9% | 77.9% | 77.6% | 75.9% | 76.1% |
| Operating Margin | -4.7% | -4.7% | -12.5% | -23.4% | -50.4% | -34.5% | -25.4% | -36.6% | -41.3% |
| Net Profit Margin | -5.6% | -5.6% | -8.1% | -20.9% | -50.1% | -34.9% | -24.7% | -38.0% | -42.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | -53.2% | -53.2% | -91.8% | -181.6% | -152.1% | -43.2% | -17.3% | — | — |
| ROA | -6.0% | -6.0% | -6.9% | -14.1% | -27.2% | -18.4% | -22.6% | -74.0% | -65.8% |
| ROIC | -7.5% | -7.5% | -13.3% | -17.9% | -42.7% | -56.3% | -220.6% | — | — |
| ROCE | -7.2% | -7.2% | -13.3% | -18.9% | -31.7% | -21.0% | -30.6% | -152.9% | -120.7% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $121M ($166M total debt minus $44M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.21 | 4.21 | 6.61 | 13.72 | 7.67 | 2.52 | 0.07 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 3.08 | 3.95 | 10.91 | 5.66 | 0.37 | -0.94 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | 6.45 | 5.85 | — | — | — | — | — | — |
| Interest Coverage | — | — | -6.89 | -25.12 | -161.94 | -298.99 | -12.47 | -25.43 | -25.51 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.98x means Commerce.com, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 4.83x to 1.98x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.98 | 1.98 | 2.85 | 4.83 | 4.75 | 7.24 | 5.54 | 0.93 | 1.92 |
| Quick Ratio | 1.98 | 1.98 | 2.85 | 4.83 | 4.75 | 7.24 | 5.54 | 0.84 | 1.81 |
| Cash Ratio | 1.30 | 1.30 | 2.02 | 3.82 | 3.85 | 6.37 | 4.78 | 0.23 | 1.31 |
| Asset Turnover | — | 1.11 | 0.98 | 0.70 | 0.59 | 0.40 | 0.55 | 2.00 | 1.55 |
| Inventory Turnover | 8.91 | — | — | — | — | — | — | 8.91 | 6.83 |
| Days Sales Outstanding | — | 53.27 | 52.75 | 44.49 | 45.87 | 66.09 | 54.84 | 50.62 | 40.68 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Commerce.com, Inc. returns 0.9% to shareholders annually primarily through share buybacks.
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 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 0.3% | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — |
| FCF Yield | 8.3% | 5.7% | 4.7% | — | — | — | — | — | — |
| Buyback Yield | 0.9% | 0.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.9% | 0.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.3% | — | — |
| Shares Outstanding | — | $80M | $78M | $75M | $73M | $71M | $70M | $67M | $57M |
Compare CMRC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| CMRCYou | $226M | -11.6 | — | 12.0 | 78.7% | -4.7% | -53.2% | -7.5% | — |
| SHOP | $157B | 128.4 | 104.1 | 78.4 | 48.1% | 12.7% | 9.8% | 9.4% | 0.1 |
| GRAB | $17B | 66.2 | 40.6 | 125.0 | 43.2% | 6.0% | 4.1% | 3.3% | 5.4 |
| MANH | $8B | 37.6 | 27.3 | 21.7 | 55.7% | 26.1% | 71.7% | 236.8% | 0.4 |
| STUB | $3B | -63.8 | 27.1 | 12.0 | 81.1% | 7.8% | -0.2% | 3.6% | 14.3 |
| PTRN | $2B | -8.6 | 14.5 | 32.6 | 43.5% | 4.9% | 19.6% | 29.8% | 0.3 |
| STEC | $1B | 1.5 | 1.5 | 2.1 | 41.2% | 9.4% | 10.7% | 28.6% | 0.7 |
| VTEX | $333M | 55.0 | 22.0 | 13.2 | 73.8% | 4.5% | 4.8% | 3.3% | 0.2 |
| AZ | $219M | -6.5 | — | — | 27.7% | -204.2% | -749.5% | — | — |
| TRAK | $158M | 24.9 | 17.4 | 18.9 | 83.7% | 27.5% | 14.5% | 21.4% | 0.1 |
| EB | $69M | -26.0 | — | 2.0 | 69.7% | -9.5% | -8.6% | -76.5% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 8 years · Updated daily
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Start ComparisonCommerce.com, Inc.'s current P/E ratio is -11.6x. This places it at the 50th percentile of its historical range.
Commerce.com, Inc.'s return on equity (ROE) is -53.2%. The historical average is -89.9%.
Based on historical data, Commerce.com, Inc. is trading at a P/E of -11.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Commerce.com, Inc. has 78.7% gross margin and -4.7% operating margin.