Latest Ratios: P/E Ratio -4.0x · EV/EBITDA N/A · ROE -35.8%. (2020–2025 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 |
|---|---|---|---|---|---|---|---|
| Market Cap | $73M | $115M | $148M | $150M | $149M | $21M | — |
| Enterprise Value | $61M | $103M | $139M | $131M | $146M | $-1928652 | — |
| P/E Ratio → | -4.03 | — | — | — | — | — | — |
| P/S Ratio | 2.47 | 3.91 | 6.23 | 7.37 | 7.78 | 1.93 | — |
| P/B Ratio | 1.66 | 2.69 | 2.70 | 2.08 | 6.86 | 0.61 | — |
| 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.50 | 5.84 | 6.44 | 7.63 | -0.17 | — |
| 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 66.8% | 66.8% | 65.2% | 58.2% | 58.8% | 58.7% | 49.8% |
| Operating Margin | -65.0% | -65.0% | -83.9% | -138.4% | -117.0% | -147.1% | -163.8% |
| Net Profit Margin | -59.5% | -59.5% | -94.6% | -322.8% | -129.4% | -147.1% | -166.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | -35.8% | -35.8% | -35.4% | -139.7% | -87.3% | -61.3% | -76.7% |
| ROA | -25.7% | -25.7% | -27.9% | -101.1% | -51.5% | -38.4% | -45.5% |
| ROIC | -37.5% | -37.5% | -30.3% | -58.6% | -110.6% | -233.3% | — |
| ROCE | -37.4% | -37.4% | -30.2% | -56.0% | -71.1% | -55.1% | -65.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.02 | 0.02 | 0.16 | 0.05 | 0.13 |
| Debt / EBITDA | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.28 | -0.17 | -0.26 | -0.14 | -0.67 | -1.06 |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — |
| Interest Coverage | -63.81 | -63.81 | -121.92 | -168.40 | -53.04 | -103.83 | -79.89 |
Net cash position: cash ($16M) exceeds total debt ($4M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 2.16 | 2.16 | 2.66 | 4.90 | 0.76 | 2.30 | 2.36 |
| Quick Ratio | 2.16 | 2.16 | 2.66 | 4.90 | 0.73 | 2.26 | 2.36 |
| Cash Ratio | 1.84 | 1.84 | 2.15 | 4.24 | 0.39 | 1.57 | 2.22 |
| Asset Turnover | — | 0.47 | 0.32 | 0.23 | 0.46 | 0.21 | 0.27 |
| Inventory Turnover | — | — | — | — | 17.50 | 6.40 | — |
| Days Sales Outstanding | — | 46.75 | 56.60 | 33.83 | 47.85 | 60.18 | 49.03 |
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 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $51M | $49M | $45M | $15M | $2M | $47M |
Liquidity and capital depletion
According to current market data, CRGO trades at a price-to-sales multiple of 2.47, a valuation that appears increasingly difficult to justify given the company's decelerating revenue growth and the absence of a clear path to profitability compared to more mature logistics-tech peers like Global-e Online.
The current P/S multiple suggests investors are still pricing in a growth premium, yet the underlying deceleration in booking volumes warrants a more cautious outlook. Without a positive P/E or FCF yield, the valuation remains highly sensitive to interest rate fluctuations and the company's ability to demonstrate a pivot toward operational efficiency.
Based on reported financial statements, CRGO's ROIC has remained consistently negative, reaching -11.3% in 2026Q1, which indicates that the company is currently destroying shareholder value rather than compounding it through its heavy investment in platform infrastructure and R&D.
The persistent negative ROIC reflects a business model that has yet to achieve the necessary scale to cover its fixed-cost base. Investors should monitor whether management can improve capital efficiency, as the current trend suggests that every dollar of invested capital is failing to generate a positive return.
As reported in recent filings, the company's asset turnover ratio remains extremely low at 0.12, highlighting a structural inefficiency in how the platform utilizes its capital base to generate revenue compared to more established software-as-a-service providers in the logistics sector.
The high days payable outstanding, which reached 163 days in 2026Q1, suggests that the company is utilizing its supplier relationships to manage liquidity. While this provides a temporary cash buffer, it may indicate limited bargaining power or a reliance on extended payment terms to sustain operations.
Based on the latest quarterly data, CRGO's current ratio has declined to 1.85 in 2026Q1 from 4.90 in 2023Q4, signaling that the company's liquidity position is deteriorating rapidly as it continues to burn through its cash reserves to fund ongoing operating losses.
While a current ratio of 1.85 may appear adequate in isolation, the rapid downward trend is concerning given the company's negative free cash flow. The firm's reliance on its remaining cash cushion suggests that it may face significant financing risks if it cannot reach a break-even point in the near term.
Market participants frequently misapply Gross Booking Value as a proxy for revenue, which obscures the company's true take rate and the economic reality of its agency-based business model, leading to an overestimation of the platform's actual financial scale and profitability potential.
Investors should focus on net revenue rather than GBV to accurately assess the company's earning power. Relying on GBV ignores the pass-through nature of freight costs and fails to account for the competitive pressure on take rates that could further compress margins in a more normalized global trade environment.
Includes 30+ ratios · 6 years · Updated daily
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Quick answers to the most common questions about buying CRGO stock.
Freightos Limited Ordinary shares's current P/E ratio is -4.0x. This places it at the 50th percentile of its historical range.
Freightos Limited Ordinary shares's return on equity (ROE) is -35.8%. The historical average is -72.7%.
Based on historical data, Freightos Limited Ordinary shares is trading at a P/E of -4.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Freightos Limited Ordinary shares has 66.8% gross margin and -65.0% operating margin.