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CUBWWLionheart Holdings
$0.37$9M
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  4. Financial Ratios

Lionheart Holdings (CUBWW) Financial Ratios

Latest Ratios: P/E Ratio 0.9x · EV/EBITDA N/A · ROE 3.9%. (1993–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CUBWW Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
Market Cap$9M$4M$2M————————
Enterprise Value$8M$4M$1M————————
P/E Ratio →0.950.440.58————————
P/S Ratio———————————
P/B Ratio0.040.020.01————————
P/FCF———————————
P/OCF———————————

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

CUBWW EV Ratios

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

MetricTTMFY 2025FY 2024FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
EV / Revenue———————————
EV / EBITDA——14.87————————
EV / EBIT——0.25————————
EV / FCF———————————

CUBWW 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 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
Gross Margin———30.9%28.8%30.6%24.5%23.6%23.7%22.6%22.1%
Operating Margin———5.3%4.6%2.4%1.3%0.6%5.7%6.7%7.0%
Net Profit Margin———-0.2%3.3%1.0%-0.8%0.1%1.6%5.0%1.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
ROE3.9%3.9%1.0%-0.3%5.8%1.7%-1.6%0.2%3.0%9.3%2.9%
ROA3.7%3.7%0.5%-0.2%3.2%0.9%-0.8%0.1%1.8%6.0%1.9%
ROIC-0.3%-0.3%-0.0%3.6%4.4%2.3%1.4%0.7%6.7%8.3%9.6%
ROCE-0.4%-0.4%-0.1%5.1%6.0%3.0%2.1%0.9%8.7%10.5%12.0%

CUBWW Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
Debt / Equity———0.830.470.290.370.640.250.130.15
Debt / EBITDA———4.933.422.753.588.081.560.830.85
Net Debt / Equity—-0.00-0.000.700.400.130.280.35-0.04-0.14-0.14
Net Debt / EBITDA——-8.994.152.921.272.744.47-0.27-0.91-0.84
Debt / FCF———————19.50-0.47-1.16—
Interest Coverage———0.883.562.431.260.3317.3422.8911.01

Net cash position: cash ($230540) exceeds total debt ($0)

CUBWW Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
Current Ratio5.105.1012.251.301.372.031.651.502.242.832.86
Quick Ratio5.105.1012.251.301.372.031.651.502.242.832.86
Cash Ratio3.903.9011.140.220.130.340.160.380.630.800.79
Asset Turnover———0.640.810.921.110.971.101.171.23
Inventory Turnover———————————
Days Sales Outstanding———————————

CUBWW 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 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
Dividend Yield———————————
Payout Ratio————16.9%59.7%—419.9%31.7%9.3%32.4%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013
Earnings Yield100.0%229.4%172.7%————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%————————
Total Shareholder Yield0.0%0.0%0.0%————————
Shares Outstanding—$23M$21M$31M$31M$27M$27M$27M$27M$27M$27M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Sponsor-led deal execution failure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Speculative Premium Masks Structural Decay

As reported in recent financial statements, the company's P/E ratio of 1.15 appears to be a mathematical artifact of non-operating income rather than a reflection of fundamental value, as the entity remains a pre-revenue shell with no underlying operational earnings to support a traditional valuation multiple.

Investors should note that applying standard valuation multiples to this entity is largely futile given the absence of revenue and EBITDA. The current P/B ratio of 0.04 suggests the market is pricing the equity at a significant discount to its book value, likely reflecting deep skepticism regarding the sponsor's ability to execute a value-accretive merger.

Liquidity Buffer Rapidly Approaching Exhaustion

According to the 2026Q1 balance sheet, the current ratio has compressed to 1.21 from a peak of 14.97 in 2024Q3, indicating that the company's ability to meet short-term obligations is deteriorating as the search for a viable acquisition target continues to consume the remaining cash reserves.

The rapid decline in the quick ratio suggests that the entity is becoming increasingly reliant on external sponsor support to maintain its public listing. This trend warrants close monitoring, as a further reduction in liquidity may force management to accept suboptimal deal terms to secure necessary capital.

Capital Efficiency Remains Structurally Negative

Based on historical data, the company's ROIC has remained consistently negative, hovering around -0.1% in recent quarters, which underscores the structural inability of the shell vehicle to generate any return on invested capital prior to the successful consummation of a business combination with an operating entity.

The persistent negative return metrics highlight that capital is being deployed solely for administrative maintenance rather than value creation. Investors should interpret these figures as a reflection of the inherent cost of the search process, which provides no compounding benefit to shareholders until a target is secured.

Misapplication of Earnings-Based Valuation Metrics

As indicated by the provided financial data, the most commonly misapplied metric for this business model is the P/E ratio, which obscures the reality that the company generates no operational revenue and relies entirely on non-cash warrant liability adjustments to report bottom-line income.

Analysts should instead focus on the Net Asset Value (NAV) per share and the cash burn rate to assess the entity's true financial health. Relying on earnings-based multiples in a pre-merger shell company context is fundamentally flawed and may lead to a significant mispricing of the underlying risk.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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CUBWW — Frequently Asked Questions

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

What is Lionheart Holdings's P/E ratio?

Lionheart Holdings's current P/E ratio is 0.9x. The historical average is 0.5x. This places it at the 100th percentile of its historical range.

What is Lionheart Holdings's ROE?

Lionheart Holdings's return on equity (ROE) is 3.9%. The historical average is 7.2%.

Is CUBWW stock overvalued?

Based on historical data, Lionheart Holdings is trading at a P/E of 0.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.