Latest Ratios: P/E Ratio -1.7x · EV/EBITDA N/A · ROE -114.4%. (2022–2025 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 |
|---|---|---|---|---|---|
| Market Cap | $26M | $194M | — | — | — |
| Enterprise Value | $23M | $191M | — | — | — |
| P/E Ratio → | -1.69 | — | — | — | — |
| P/S Ratio | 12.78 | 95.25 | — | — | — |
| P/B Ratio | 3.45 | 42.64 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| EV / Revenue | — | 93.84 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| Gross Margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating Margin | -406.9% | -406.9% | -620.5% | -447.5% | -656.8% |
| Net Profit Margin | -255.5% | -255.5% | -374.9% | -569.4% | -1157.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | -114.4% | -114.4% | — | — | — |
| ROA | -144.4% | -144.4% | -380.1% | -548.0% | -724.3% |
| ROIC | — | — | — | — | — |
| ROCE | -177.9% | -177.9% | — | — | -912.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | — | — | — |
| Debt / EBITDA | — | — | — | — | — |
| Net Debt / Equity | — | -0.63 | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — |
| Interest Coverage | -11.71 | -11.71 | -7.80 | -40.99 | — |
Net cash position: cash ($3M) exceeds total debt ($237675)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 3.79 | 3.79 | 0.04 | 0.49 | 1.82 |
| Quick Ratio | 3.79 | 3.79 | 0.04 | 0.49 | 1.82 |
| Cash Ratio | 1.98 | 1.98 | 0.01 | 0.37 | 1.30 |
| Asset Turnover | — | 0.33 | 1.33 | 1.02 | 0.63 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | 365.93 | 122.38 | 80.48 | 109.16 |
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 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $18M | $23M | $23M | $23M |
Insufficient liquidity for operations
Based on current market data, DGNX trades at a price-to-sales multiple of 12.78, which appears to reflect an innovation premium rather than fundamental performance, as the company lacks positive earnings or cash flow to support traditional valuation metrics like P/E or EV/EBITDA.
The elevated P/S ratio suggests that investors are pricing the company based on its potential as an M&A target or its role in the ESG compliance ecosystem rather than its current $2M revenue base. This valuation appears disconnected from the firm's negative net margins, implying that the market is betting on a future pivot to high-margin licensing that has yet to materialize in the financials.
According to recent financial statements, DGNX reports a return on invested capital of -40.2%, indicating that the company is currently destroying shareholder value as it attempts to scale its suite of ESG and supply chain products across multiple high-cost geographic markets.
The deeply negative ROIC highlights the inefficiency of the firm's current platform-first strategy, which prioritizes product breadth over achieving break-even scale. Investors should monitor whether management can improve these returns by narrowing their focus, as the current trajectory suggests that capital is being consumed faster than it can be compounded.
As reported in the latest quarterly filings, the company's asset turnover ratio of 0.11 suggests a highly inefficient utilization of its asset base, which is consistent with a firm that is still in the early stages of market entry and product adoption.
The lack of clear data on the cash conversion cycle, combined with the low asset turnover, implies that the company has not yet established a repeatable, high-velocity sales process. This inefficiency warrants further investigation, as it may indicate that the firm's advisory-led customer acquisition model is inherently slow and resource-intensive.
Based on the 2026Q2 financial statements, DGNX maintains a current ratio of 3.56, which appears superficially healthy but masks the underlying reality of a company burning through its $3.1 million cash position to sustain its current high-cost operating model.
While the current ratio suggests an ability to cover short-term obligations, the absolute cash levels are insufficient to support the current burn rate for an extended period. The company appears highly vulnerable to liquidity constraints, and any delay in scaling revenue or securing additional funding could force a dilutive capital raise.
The reported 100% gross margin is the most commonly misapplied metric for DGNX, as it obscures the true cost of service delivery and likely shifts operational expenses into G&A, thereby masking the company's actual profitability profile.
Analysts should treat this figure with extreme skepticism, as it is highly unusual for a firm providing managed services and advisory support to have zero direct costs of sales. A more accurate assessment would involve adjusting the gross margin to reflect the labor and infrastructure costs currently buried in operating expenses.
Includes 30+ ratios · 4 years · Updated daily
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10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying DGNX stock.
Diginex Limited's current P/E ratio is -1.7x. This places it at the 50th percentile of its historical range.
Diginex Limited's return on equity (ROE) is -114.4%. The historical average is -114.4%.
Based on historical data, Diginex Limited is trading at a P/E of -1.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Diginex Limited has 100.0% gross margin and -406.9% operating margin.