Latest Ratios: P/E Ratio -1.0x · EV/EBITDA N/A · ROE -77.0%. (2017–2025 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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $18M | $26M | $23M | $28M | $68M | $27M | — | — | — | — |
| Enterprise Value | $78M | $86M | $72M | $54M | $76M | $14M | — | — | — | — |
| P/E Ratio → | -1.01 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.39 | 0.57 | 0.35 | 0.61 | 1.78 | 3.70 | — | — | — | — |
| P/B Ratio | 1.06 | 1.66 | 0.84 | 0.61 | 0.92 | 0.48 | — | — | — | — |
| 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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.85 | 1.11 | 1.20 | 1.99 | 1.84 | — | — | — | — |
| 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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -12.6% | -12.6% | -8.9% | -27.5% | -3.5% | 47.5% | 87.1% | 88.2% | 91.6% | 65.9% |
| Operating Margin | -34.5% | -34.5% | -25.5% | -60.8% | -49.3% | -100.0% | 63.5% | 60.1% | 64.3% | -36.1% |
| Net Profit Margin | -35.8% | -35.8% | -18.1% | -53.8% | -59.4% | -113.4% | 52.1% | 54.4% | 55.2% | -29.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -77.0% | -77.0% | -32.4% | -40.8% | -34.7% | -18.4% | 44.6% | 63.6% | 108.7% | -21.8% |
| ROA | -11.1% | -11.1% | -8.9% | -21.3% | -27.3% | -17.1% | 36.2% | 47.3% | 67.3% | -8.5% |
| ROIC | -15.8% | -15.8% | -16.8% | -26.8% | -22.6% | -16.7% | 64.6% | 162.7% | — | — |
| ROCE | -28.6% | -28.6% | -29.3% | -39.7% | -27.3% | -16.3% | 54.3% | 70.0% | 126.4% | -26.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 5.12 | 5.12 | 1.85 | 0.61 | 0.17 | 0.00 | 0.00 | 0.02 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | 0.00 | 0.03 | — | — |
| Net Debt / Equity | — | 3.74 | 1.80 | 0.58 | 0.11 | -0.24 | -0.32 | -0.45 | -1.09 | -2.07 |
| Net Debt / EBITDA | — | — | — | — | — | — | -0.68 | -0.80 | -1.34 | — |
| Debt / FCF | — | — | — | — | — | — | -4.58 | — | -2.04 | -2.28 |
| Interest Coverage | -4.84 | -4.84 | -7.90 | -14.23 | -821.60 | — | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.72 | 0.72 | 0.73 | 0.56 | 1.72 | 19.93 | 4.95 | 2.79 | 3.80 | 1.49 |
| Quick Ratio | 0.48 | 0.48 | 0.52 | 0.31 | 1.01 | 18.13 | 4.47 | 2.31 | 3.80 | 1.49 |
| Cash Ratio | 0.22 | 0.22 | 0.01 | 0.06 | 0.29 | 11.55 | 1.96 | 1.37 | 3.31 | 1.33 |
| Asset Turnover | — | 0.30 | 0.45 | 0.37 | 0.36 | 0.13 | 0.58 | 0.66 | 0.95 | 0.29 |
| Inventory Turnover | 2.17 | 2.17 | 4.01 | 3.63 | 2.15 | 1.25 | 1.10 | 0.64 | — | 74.43 |
| Days Sales Outstanding | — | 113.67 | 182.80 | 84.17 | 51.95 | 398.16 | 199.14 | 121.07 | 16.27 | 99.63 |
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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $27M | $27M | $26M | $25M | $24M | $23M | $17M | $17M | $24M |
Operational insolvency and liquidity
As reported in recent financial statements, EPOW trades at a P/S multiple of 0.39, which, based on the company's negative margins and contracting revenue, suggests the market is pricing the entity as a distressed turnaround rather than a viable participant in the graphite anode supply chain.
The lack of a meaningful P/E or EV/EBITDA multiple underscores the market's skepticism regarding the company's ability to achieve operational break-even. Investors should monitor whether the current valuation discount is a reflection of structural impairment or a temporary mispricing of the firm's pivot potential.
Based on historical data, EPOW's ROIC has trended into deep negative territory, reaching -14.1% in 2025Q4, which indicates that the company's aggressive capital deployment into industrial infrastructure is currently destroying shareholder value rather than generating the expected returns on invested capital.
The consistent decay in ROIC suggests that the transition to a capital-intensive manufacturing model has failed to yield the necessary efficiency gains. This trend warrants further investigation into whether the company's asset base is fundamentally misaligned with its current production capacity and market demand.
According to quarterly filings, EPOW's cash conversion cycle has expanded to 75 days in 2025Q4, revealing that the company is struggling to manage its inventory and receivables effectively during its transition to a product-based industrial business model compared to its historical service-oriented operations.
The rising DSO and DIO metrics suggest that the company lacks the bargaining power to enforce favorable payment terms with its customers or suppliers. This inefficiency places additional strain on liquidity, as capital remains tied up in non-productive working capital components for extended periods.
As indicated by the latest balance sheet data, EPOW's debt-to-equity ratio has surged to 5.12, signaling a precarious reliance on borrowed capital to sustain its ongoing industrial operations in the Zibo region while the company continues to report significant operating losses.
The negative interest coverage ratio of -9.14 suggests that the company is unable to service its debt obligations through operational cash flow alone. This leverage profile appears unsustainable and may necessitate further dilutive financing to avoid a potential liquidity crisis.
The most commonly misapplied metric for EPOW is the P/S ratio, which obscures the company's negative gross margins and suggests a growth narrative that is fundamentally contradicted by the firm's current inability to cover direct production costs through its industrial sales.
Investors should instead focus on the unit-level contribution margin or capacity utilization rates to assess the viability of the anode segment. Relying on revenue multiples in a business model that is currently losing money on every unit sold may lead to a significant overestimation of the company's intrinsic value.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying EPOW stock.
E-Power Inc. Class A's current P/E ratio is -1.0x. This places it at the 50th percentile of its historical range.
E-Power Inc. Class A's return on equity (ROE) is -77.0%. The historical average is -0.9%.
Based on historical data, E-Power Inc. Class A is trading at a P/E of -1.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
E-Power Inc. Class A has -12.6% gross margin and -34.5% operating margin.