DeFi Technologies Inc. (DEFT) Financial Ratios
5 years of historical data (2020–2024) · Financial Services · Financial - Capital Markets
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
15.88
↓-63% vs avg
5yr avg: 42.43
30Y Low42.4·High42.4
ROE
↓
-210.7%
↑-78% vs avg
5yr avg: -118.3%
30Y Low-211%·High33%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DEFT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
DeFi Technologies Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $288M | $982M | — | — | — | — |
| Enterprise Value | $281M | $973M | — | — | — | — |
| P/E Ratio → | -9.25 | — | — | — | — | — |
| P/S Ratio | 4.02 | 10.06 | — | — | — | — |
| P/B Ratio | 15.88 | 42.43 | — | — | — | — |
| P/FCF | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
DEFT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.97 | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — |
DEFT Profitability
Margins and return-on-capital ratios measuring operating efficiency
DeFi Technologies Inc. earns an operating margin of -31.5%, below the Financial Services sector average of 21.6%. Operating margins have expanded from -3778.3% to -31.5% over the past 3 years, signaling improving operational efficiency. A negative ROE of -210.7% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | 93.0% | 93.0% | 94.7% | 100.0% | 100.0% | — |
| Operating Margin | -31.5% | -31.5% | -28.7% | -3778.3% | -440.5% | — |
| Net Profit Margin | -40.0% | -40.0% | -102.5% | -5271.8% | -691.4% | — |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | -210.7% | -210.7% | -96.0% | -131.9% | -185.9% | 32.9% |
| ROA | -4.4% | -4.4% | -6.3% | -23.8% | -39.0% | 28.4% |
| ROIC | -49.5% | -49.5% | -6.1% | -45.9% | -88.8% | — |
| ROCE | -166.2% | -166.2% | -25.8% | -93.0% | -118.4% | 32.9% |
DEFT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $23M exceeds total debt of $14M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.60 | 0.60 | 3.05 | 1.95 | 0.00 | — |
| Debt / EBITDA | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.39 | 2.68 | 1.78 | -0.10 | -0.05 |
| Net Debt / EBITDA | — | — | — | — | — | -0.16 |
| Debt / FCF | — | — | — | — | — | — |
| Interest Coverage | -7.96 | -7.96 | — | -11.77 | -38.40 | — |
Net cash position: cash ($23M) exceeds total debt ($14M)
DEFT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.79x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.67x to 0.79x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.79 | 0.79 | 0.87 | 0.67 | 1.03 | 1.79 |
| Quick Ratio | 0.79 | 0.79 | 0.87 | 0.67 | 1.03 | 1.79 |
| Cash Ratio | 0.02 | 0.02 | 0.01 | 0.03 | 0.02 | 0.33 |
| Asset Turnover | — | 0.07 | 0.04 | 0.01 | 0.03 | — |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — |
DEFT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
DeFi Technologies Inc. returns 1.1% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 1.1% | 0.4% | — | — | — | — |
| Total Shareholder Yield | 1.1% | 0.4% | — | — | — | — |
| Shares Outstanding | — | $361M | $223M | $209M | $193M | $50M |
Peer Comparison
Compare DEFT 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 |
|---|---|---|---|---|---|---|---|---|---|
 DEFTYou | $288M | -9.3 | — | — | 93.0% | -31.5% | -210.7% | -49.5% | — |
 COIN | $51B | 43.4 | 29.3 | 21.0 | 74.6% | 20.0% | 10.1% | 5.7% | 4.8 |
 MSTR | $60B | -11.8 | — | — | 68.7% | -1140.8% | -11.6% | -9.9% | — |
 GLXY | $114B | -55.3 | 193.6 | — | 1.9% | 0.9% | -11.9% | 9.2% | 8.8 |
 VOYG | $1B | -13.1 | — | — | 12.8% | -61.9% | -42.8% | -30.5% | — |
 IREN | $19B | 145.8 | 97.1 | — | 68.3% | 3.5% | 6.0% | 0.7% | 4.9 |
 HOOD | $69B | 37.2 | 36.6 | 42.3 | 83.3% | 46.8% | 22.0% | 7.9% | 7.1 |
 PYPL | $41B | 8.5 | 6.1 | 7.3 | 46.6% | 18.3% | 25.7% | 15.0% | 1.4 |
 NDAQ | $51B | 28.8 | 20.1 | 25.4 | 47.9% | 28.4% | 15.3% | 8.1% | 3.3 |
 ICE | $88B | 27.1 | 16.7 | 20.6 | 61.9% | 38.7% | 11.7% | 7.5% | 3.1 |
 RIOT | $9B | -12.4 | — | — | -15.6% | -61.8% | -22.1% | -8.7% | — |
| Financial Services Median | — | 13.1 | 11.5 | 10.6 | 63.6% | 21.6% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Quick answers to the most common questions about buying DEFT stock.
What is DeFi Technologies Inc.'s P/E ratio?
DeFi Technologies Inc.'s current P/E ratio is -9.3x. This places it at the 50th percentile of its historical range.
What is DeFi Technologies Inc.'s ROE?
DeFi Technologies Inc.'s return on equity (ROE) is -210.7%. The historical average is -118.3%.
Is DEFT stock overvalued?
Based on historical data, DeFi Technologies Inc. is trading at a P/E of -9.3x. 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 DeFi Technologies Inc.'s profit margins?
DeFi Technologies Inc. has 93.0% gross margin and -31.5% operating margin.