Latest Ratios: P/E Ratio -0.3x · EV/EBITDA N/A · ROE -192.8%. (2016–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3M | $1.3B | $444M | $1.5B | $1.4B | $983M | — | — | — | — |
| Enterprise Value | $-8506906 | $1.3B | $445M | $1.5B | $1.4B | $986M | — | — | — | — |
| P/E Ratio → | -0.29 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.14 | 64.03 | 2903.74 | — | — | 9829.99 | — | — | — | — |
| P/B Ratio | 0.42 | 56.71 | 94.99 | 2800.95 | 156.99 | — | — | — | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 63.46 | 2910.91 | — | — | 9860.34 | — | — | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -3.6% | -3.6% | -479.1% | — | — | -520.0% | -21.6% | -21.6% | — | — |
| Operating Margin | -122.5% | -122.5% | -12619.6% | — | — | -19352.2% | -1552.7% | -517.5% | — | — |
| Net Profit Margin | -131.7% | -131.7% | -18943.8% | — | — | -40755.1% | -1902.6% | -851.0% | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -192.8% | -192.8% | -1113.3% | -302.0% | -3665.5% | — | — | — | — | — |
| ROA | -116.6% | -116.6% | -359.7% | -176.9% | -740.2% | -7677.5% | -1426.9% | -729.3% | -345.5% | -629.8% |
| ROIC | -214.8% | -214.8% | -318.8% | -366.9% | — | — | — | — | — | — |
| ROCE | -162.7% | -162.7% | -505.0% | -277.6% | -2182.5% | — | — | — | — | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.11 | 0.11 | 0.46 | 6.80 | 0.00 | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.50 | 0.23 | 5.25 | -0.68 | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -25.10 | -25.10 | -2.09 | -2158.29 | -41.12 | -12.92 | -6.99 | -2.83 | -39.97 | — |
Net cash position: cash ($14M) exceeds total debt ($3M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.13 | 2.13 | 0.50 | 0.30 | 10.27 | 0.01 | 0.05 | 0.05 | 0.18 | 0.10 |
| Quick Ratio | 2.13 | 2.13 | 0.50 | 0.30 | 10.27 | 0.01 | 0.05 | 0.05 | 0.18 | 0.10 |
| Cash Ratio | 1.24 | 1.24 | 0.28 | 0.17 | 9.23 | 0.01 | 0.02 | 0.02 | 0.17 | 0.03 |
| Asset Turnover | — | 0.56 | 0.02 | — | — | 0.26 | 0.75 | 0.75 | — | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 99.23 | 198.01 | — | — | — | 17.92 | 17.92 | — | — |
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | 0.0% | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% | 0.1% | — | — | — | — |
| Shares Outstanding | — | $59M | $133415 | $1937 | $1411 | $983 | $1002 | $1002 | $1002 | $4M |
Persistent Capital Dilution Risk
According to recent market data, CRKN trades at a price-to-sales ratio of 0.14, a valuation that appears to reflect the market's struggle to reconcile the company's legacy technology aspirations with its current reality as a low-margin, service-heavy infrastructure contractor facing significant ongoing operational losses.
The current valuation multiple suggests that investors are heavily discounting the firm's future potential, likely due to the persistent inability to convert revenue growth into positive earnings. This low P/S ratio may indicate that the market is pricing the company as a distressed asset rather than a growth-stage technology firm, warranting caution regarding the sustainability of its current business model.
Based on reported financial statements, CRKN's ROIC has consistently remained in negative territory, reaching -55.3% in 2025Q1, which highlights a fundamental inability to generate returns on invested capital as the firm pivots toward capital-intensive infrastructure services that currently fail to cover their own costs.
The persistent decay in return metrics suggests that every dollar of capital deployed into the fiber optics segment is currently destroying shareholder value rather than compounding it. Investors should monitor whether management can achieve a positive spread between returns and the cost of capital, which appears unlikely under the current high-fixed-cost structure.
As evidenced by quarterly filings, CRKN's asset turnover ratio of 0.07 in 2025Q1 underscores the significant operational friction inherent in its business model, where the company struggles to generate meaningful revenue volume relative to its growing base of specialized infrastructure machinery and equipment.
The high DSO of 167 days suggests that the company faces substantial challenges in collecting payments from its infrastructure clients, which further strains liquidity. This inefficiency in the cash conversion cycle implies that the firm is effectively financing its customers' projects, exacerbating the need for external capital infusions.
While the current ratio of 5.11 reported in 2025Q1 might appear robust, financial statements indicate this liquidity is highly volatile and prone to rapid depletion, as the company's persistent cash burn necessitates frequent reliance on external financing to maintain its basic operational requirements.
The reliance on current assets to cover short-term obligations is misleading when those assets are tied to project-based receivables that may be difficult to liquidate under stress. The company's liquidity position appears vulnerable to any disruption in its ability to access capital markets, which remains a critical risk factor for its ongoing survival.
The most commonly misapplied metric for CRKN is the current ratio, which provides a false sense of security by ignoring the company's structural cash burn and the high probability that current assets are tied up in slow-moving, project-specific receivables rather than readily available cash.
Analysts should instead focus on the cash burn rate relative to the remaining cash runway, as this provides a more accurate picture of the company's survival timeline. Relying on standard liquidity ratios in this context obscures the reality that the firm is essentially a cash-burning entity that requires constant capital injections to remain a going concern.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying CRKN stock.
Crown ElectroKinetics Corp.'s current P/E ratio is -0.3x. This places it at the 50th percentile of its historical range.
Crown ElectroKinetics Corp.'s return on equity (ROE) is -192.8%. The historical average is -247.4%.
Based on historical data, Crown ElectroKinetics Corp. is trading at a P/E of -0.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Crown ElectroKinetics Corp. has -3.6% gross margin and -122.5% operating margin.