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CNTMConnectM Technology Solutions, Inc.
$8.27$19M
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  4. Financial Ratios

ConnectM Technology Solutions, Inc. (CNTM) Financial Ratios

Latest Ratios: P/E Ratio -1.2x · EV/EBITDA N/A · ROE -1031.1%. (2021–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CNTM Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Market Cap$19M$30M$23M———
Enterprise Value$30M$41M$38M———
P/E Ratio →-1.17—————
P/S Ratio0.520.831.02———
P/B Ratio11.8618.82————
P/FCF——————
P/OCF——————

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

CNTM EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
EV / Revenue—1.151.68———
EV / EBITDA——————
EV / EBIT——————
EV / FCF——————

CNTM Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Gross Margin29.5%29.5%26.3%25.2%26.1%20.6%
Operating Margin-33.6%-33.6%-51.2%-37.4%-25.0%-77.6%
Net Profit Margin-45.3%-45.3%-99.6%-45.8%-22.9%-79.3%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
ROE-1031.1%-1031.1%-173.4%-13.5%-8.3%-67332.2%
ROA-66.4%-66.4%-49.3%-10.6%-7.5%-1028.3%
ROIC-428.6%-428.6%-39.0%-8.0%-6.7%-3152.2%
ROCE-369.2%-369.2%-46.4%-9.1%-8.4%-65831.5%

CNTM Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Debt / Equity8.848.84—0.070.0015.65
Debt / EBITDA——————
Net Debt / Equity—7.31—0.070.0014.66
Net Debt / EBITDA——————
Debt / FCF——————
Interest Coverage-9.24-9.24-7.29-5.43-13.49-72.22

CNTM Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Current Ratio0.250.250.240.010.010.02
Quick Ratio-19.01-19.010.230.010.010.02
Cash Ratio0.070.070.070.000.000.02
Asset Turnover—0.991.780.250.1612.96
Inventory Turnover0.040.0430.34———
Days Sales Outstanding—34.3333.901.14——

CNTM 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 2025FY 2024FY 2023FY 2022FY 2021
Dividend Yield——————
Payout Ratio——————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Earnings Yield——————
FCF Yield——————
Buyback Yield0.0%0.0%0.0%———
Total Shareholder Yield0.0%0.0%0.0%———
Shares Outstanding—$2M$596000$354617$363688$316250

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Ignores Fundamental Distress

Based on reported figures, CNTM trades at a price-to-sales multiple of 0.57, which appears to reflect a market expectation of rapid scaling that remains disconnected from the company's persistent net losses and the absence of a clear path to positive earnings per share.

The current P/S ratio suggests investors are pricing the firm as a distressed growth asset rather than a mature software entity. Given the negative P/E of -1.29 and the lack of a forward earnings profile, the valuation appears to rely heavily on speculative terminal value rather than current cash-generating capability.

Margin Profile Challenges Software Narrative

As reported in financial statements, the company's gross margin of 29.49% is significantly lower than typical software-as-a-service peers, suggesting that the business model remains tethered to hardware-intensive deployments rather than high-margin, scalable software licensing revenue.

The persistent operating margin of -33.59% indicates that the company's fixed cost structure is currently too heavy for its revenue base. Investors should monitor whether management can shift the revenue mix toward software, as the current profile suggests the firm is functioning more like a low-margin industrial integrator.

Capital Allocation Yields Negative Returns

According to recent SEC filings, CNTM's ROIC has remained deeply negative, reaching -16.6% in 2026Q1, which indicates that the company is currently destroying shareholder value through its capital-intensive expansion strategy rather than compounding returns on invested capital.

The inability to generate positive returns on capital suggests that the firm's investments in electrification assets are not yet yielding the expected operational efficiencies. This trend warrants further investigation into whether the company's asset base is becoming obsolete or if the cost of deployment is structurally too high.

Liquidity Constraints Threaten Operational Continuity

Based on the reported 2026Q1 current ratio of 0.24, the company's liquidity position appears highly vulnerable, indicating that current assets are insufficient to cover short-term liabilities without the potential for immediate, dilutive external financing to sustain ongoing operations.

The extremely low quick ratio confirms that the firm lacks the necessary cash buffer to navigate even minor operational disruptions or delays in project payments. This liquidity profile suggests that the company is operating in a state of financial distress that may limit its strategic flexibility.

Misapplied Software Multiples Obscure Reality

The most commonly misapplied metric for CNTM is the price-to-sales ratio, which investors often use to compare the firm to high-margin SaaS peers, thereby obscuring the reality that the company's revenue is largely derived from low-margin hardware and installation services.

Using SaaS multiples for a company with a 29.49% gross margin leads to an overestimation of the firm's scalability and earnings potential. Analysts should instead focus on EV/Gross Profit or cash burn metrics to better understand the company's true economic viability and its reliance on external capital.

Download Financial Ratios Data

Includes 30+ ratios · 5 years · Updated daily

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CNTM — Frequently Asked Questions

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

What is ConnectM Technology Solutions, Inc.'s P/E ratio?

ConnectM Technology Solutions, Inc.'s current P/E ratio is -1.2x. This places it at the 50th percentile of its historical range.

What is ConnectM Technology Solutions, Inc.'s ROE?

ConnectM Technology Solutions, Inc.'s return on equity (ROE) is -1031.1%. The historical average is -65.1%.

Is CNTM stock overvalued?

Based on historical data, ConnectM Technology Solutions, Inc. is trading at a P/E of -1.2x. 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 ConnectM Technology Solutions, Inc.'s profit margins?

ConnectM Technology Solutions, Inc. has 29.5% gross margin and -33.6% operating margin.