5 years of historical data (2020–2024) · Technology · Software - Infrastructure
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
DeFi Development Corp. 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 | $96M | $7M | $9M | — | — | — |
| Enterprise Value | $94M | $4M | $4M | — | — | — |
| P/E Ratio → | -12.47 | — | — | — | — | — |
| P/S Ratio | 45.94 | 3.23 | 4.36 | — | — | — |
| P/B Ratio | 9.70 | 1.93 | 1.50 | — | — | — |
| 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 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.03 | 1.86 | — | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
DeFi Development Corp. earns an operating margin of -143.0%. Operating margins have compressed from -80.0% to -143.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -58.5% indicates the company is currently destroying shareholder equity.
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 | 98.5% | 98.5% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Margin | -143.0% | -143.0% | -170.0% | -80.0% | -53.3% | 25.2% |
| Net Profit Margin | -129.9% | -129.9% | -168.4% | -58.7% | -81.6% | 20.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | -58.5% | -58.5% | -106.4% | -267.1% | -1134.3% | — |
| ROA | -49.3% | -49.3% | -84.1% | -79.0% | -124.5% | 43.1% |
| ROIC | -249.5% | -249.5% | -1101.1% | — | — | — |
| ROCE | -61.3% | -61.3% | -95.4% | -118.3% | -84.9% | 55.3% |
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $3M exceeds total debt of $13933, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 0.01 | 0.21 | — | — |
| Debt / EBITDA | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.71 | -0.86 | -1.65 | -4.07 | — |
| Net Debt / EBITDA | — | — | — | — | — | -1.01 |
| Debt / FCF | — | — | — | — | -25.93 | -1.20 |
| Interest Coverage | — | — | — | — | -6597.62 | 4.19 |
Net cash position: cash ($3M) exceeds total debt ($13933)
Short-term solvency ratios and asset-utilisation metrics
DeFi Development Corp.'s current ratio of 5.52x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 5.01x to 5.52x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 5.52 | 5.52 | 7.84 | 5.01 | 22.26 | 24.62 |
| Quick Ratio | 5.52 | 5.52 | 7.84 | 5.01 | 22.26 | 24.62 |
| Cash Ratio | 4.82 | 4.82 | 7.52 | 4.79 | 20.65 | 14.18 |
| Asset Turnover | — | 0.48 | 0.30 | 1.61 | 1.07 | 2.11 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | 33.97 | 15.70 | 6.50 | 24.03 | 70.16 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
DeFi Development Corp. returns 0.0% to shareholders annually primarily through share buybacks.
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 | — | — | — | — | — | 165.9% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.1% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.1% | 0.0% | — | — | — |
| Shares Outstanding | — | $10M | $7M | $9M | $9M | $9M |
Compare DFDV 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 |
|---|---|---|---|---|---|---|---|---|---|
| DFDVYou | $96M | -12.5 | — | — | 98.5% | -143.0% | -58.5% | -249.5% | — |
| PLTR | $313B | 217.8 | 216.8 | 149.2 | 82.4% | 31.6% | 25.8% | 22.3% | 0.2 |
| MDB | $27B | -189.9 | — | 221.5 | 73.3% | -10.8% | -6.7% | -8.6% | — |
| IOT | $8B | -103.2 | — | 70.0 | 76.1% | -15.2% | -15.6% | -15.8% | — |
| CLBT | $3B | 43.0 | 40.3 | 20.3 | 84.2% | 14.0% | 19.1% | 18.5% | 0.3 |
| TDC | $3B | 27.1 | 10.2 | 10.8 | 60.5% | 11.9% | 85.1% | 54.2% | 1.9 |
| KVYO | $3B | -158.3 | — | 12.8 | 74.7% | -5.5% | -2.8% | -22.2% | — |
| AVPT | $2B | 71.9 | 49.1 | 25.6 | 74.1% | 7.9% | 9.4% | 1143.3% | 0.3 |
| RAMP | $2B | -2245.5 | 59.2 | 11.1 | 71.0% | 0.7% | -0.1% | 0.7% | 1.6 |
| CFLT | $2B | -35.7 | — | 24.8 | 74.3% | -32.6% | -27.7% | -15.8% | — |
| CGNT | $511M | -41.7 | 50.9 | 15.2 | 70.4% | -1.5% | -5.6% | -2.5% | 4.2 |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 5 years · Updated daily
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Start ComparisonDeFi Development Corp.'s current P/E ratio is -12.5x. This places it at the 50th percentile of its historical range.
DeFi Development Corp.'s return on equity (ROE) is -58.5%. The historical average is -144.0%.
Based on historical data, DeFi Development Corp. is trading at a P/E of -12.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
DeFi Development Corp. has 98.5% gross margin and -143.0% operating margin.