eToro Group Ltd. (ETOR) Financial Ratios
5 years of historical data (2020–2024) · Financial Services · Financial - Capital Markets
EV/EBITDA
-6.08
—
5yr avg: N/A
P/FCF
6.78
—
5yr avg: N/A
P/B Ratio
1.01
—
5yr avg: N/A
ROE
↑
26.9%
↓+413% vs avg
5yr avg: -8.6%
30Y Low-55%·High27%
Debt/EBITDA
↓
0.17
↓-52% vs avg
5yr avg: 0.35
30Y Low0.2·High0.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ETOR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
eToro Group Ltd. trades at 4.4x earnings, sitting at the 50th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.1x, the stock trades at a discount of 67%. On a free-cash-flow basis, the stock trades at 6.8x P/FCF.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $1.8B | — | — | — | — | — |
| Enterprise Value | $-1711368084 | — | — | — | — | — |
| P/E Ratio → | 4.37 | — | — | — | — | — |
| P/S Ratio | 0.14 | — | — | — | — | — |
| P/B Ratio | 1.01 | — | — | — | — | — |
| P/FCF | 6.78 | — | — | — | — | — |
| P/OCF | 6.72 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
ETOR 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 | — | — | — | — | — | — |
| EV / EBITDA | -6.08 | — | — | — | — | — |
| EV / EBIT | -6.33 | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — |
ETOR Profitability
Margins and return-on-capital ratios measuring operating efficiency
eToro Group Ltd. earns an operating margin of 2.1%, below the Financial Services sector average of 21.6%. Operating margins have expanded from -3.0% to 2.1% over the past 3 years, signaling improving operational efficiency. ROE of 26.9% indicates solid capital efficiency, compared to the sector median of 9.4%. ROIC of 26.8% represents excellent returns on invested capital versus a sector median of 5.7%.
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 | 5.4% | 5.4% | 10.4% | 5.7% | 100.0% | 88.3% |
| Operating Margin | 2.1% | 2.1% | 1.2% | -3.0% | -25.5% | 15.8% |
| Net Profit Margin | 1.5% | 1.5% | 0.4% | -3.4% | -28.1% | 15.1% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | 26.9% | 26.9% | 2.7% | -39.2% | -54.9% | 21.5% |
| ROA | 19.3% | 19.3% | 1.0% | -12.2% | -31.9% | 15.6% |
| ROIC | 26.8% | 26.8% | 5.9% | -24.6% | -36.4% | 15.9% |
| ROCE | 35.5% | 35.5% | 7.9% | -33.7% | -28.9% | 21.3% |
ETOR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
eToro Group Ltd. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (96% below the sector average of 4.1x). The company holds a net cash position — cash of $3.6B exceeds total debt of $48M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 6.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.06 | 0.09 | — | 0.06 |
| Debt / EBITDA | 0.17 | 0.17 | 0.63 | — | — | 0.26 |
| Net Debt / Equity | — | -4.23 | -0.59 | -0.46 | -0.45 | -3.57 |
| Net Debt / EBITDA | -12.49 | -12.49 | -6.08 | — | — | -14.83 |
| Debt / FCF | — | -13.21 | -3.16 | -0.70 | — | — |
| Interest Coverage | 6.90 | 6.90 | 1.66 | -8.07 | — | 59.14 |
Net cash position: cash ($3.6B) exceeds total debt ($48M)
ETOR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
eToro Group Ltd.'s current ratio of 3.52x 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 1.25x to 3.52x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 3.52 | 3.52 | 4.31 | 1.25 | — | 4.07 |
| Quick Ratio | 3.52 | 3.52 | 4.31 | 1.25 | — | 4.07 |
| Cash Ratio | 11.67 | 11.67 | 2.36 | 0.15 | — | 11.51 |
| Asset Turnover | — | 10.60 | 4.84 | 2.64 | 0.83 | 1.04 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — |
ETOR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
eToro Group Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 22.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
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 | 22.9% | — | — | — | — | — |
| FCF Yield | 14.7% | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $22M | $21M | $19M | $18M | $82M |
Peer Comparison
Compare ETOR 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 |
|---|---|---|---|---|---|---|---|---|---|
 ETORYou | $2B | 4.4 | -6.1 | 6.8 | 5.4% | 2.1% | 26.9% | 26.8% | 0.2 |
 HOOD | $69B | 37.2 | 36.6 | 42.3 | 83.3% | 46.8% | 22.0% | 7.9% | 7.1 |
 IBKR | $37B | 37.7 | 3.6 | 2.4 | 89.8% | 86.0% | 5.3% | 24.7% | 0.0 |
 FUTU | $52B | 29.2 | 58.9 | 13.1 | 82.0% | 48.7% | 20.7% | 14.8% | 1.3 |
 UP | $242M | -0.8 | — | — | 2.2% | -34.3% | — | — | — |
 TIGR | $628M | 17.9 | 2.8 | 0.8 | 65.0% | 35.6% | 10.5% | 13.8% | 1.2 |
 MKTX | $5B | 22.9 | 12.0 | 14.5 | 69.9% | 41.2% | 19.4% | 18.1% | 0.7 |
 SCHW | $159B | 29.9 | 17.8 | 77.6 | 75.4% | 29.6% | 13.3% | 6.0% | 4.9 |
 AMTD | $7M | 0.3 | 6.9 | 1.4 | 45.2% | 48.2% | 3.4% | 1.2% | 8.6 |
 WBD | $68B | 93.5 | 13.7 | 22.0 | 28.2% | 3.5% | 2.0% | 1.5% | 4.7 |
 LPLA | $25B | 28.4 | 10.7 | — | 25.6% | 13.4% | 20.9% | 16.1% | 2.5 |
| 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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Start ComparisonETOR — Frequently Asked Questions
Quick answers to the most common questions about buying ETOR stock.
What is eToro Group Ltd.'s P/E ratio?
eToro Group Ltd.'s current P/E ratio is 4.4x. This places it at the 50th percentile of its historical range.
What is eToro Group Ltd.'s EV/EBITDA?
eToro Group Ltd.'s current EV/EBITDA is -6.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is eToro Group Ltd.'s ROE?
eToro Group Ltd.'s return on equity (ROE) is 26.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -8.6%.
Is ETOR stock overvalued?
Based on historical data, eToro Group Ltd. is trading at a P/E of 4.4x. 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 eToro Group Ltd.'s profit margins?
eToro Group Ltd. has 5.4% gross margin and 2.1% operating margin.
How much debt does eToro Group Ltd. have?
eToro Group Ltd.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.