Latest Ratios: P/E Ratio 548.3x · EV/EBITDA N/A · ROE 182.1%. (2019–2025 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 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $615M | $589M | $102M | $87M | — | — | — | — |
| Enterprise Value | $617M | $591M | $142M | $116M | — | — | — | — |
| P/E Ratio → | 548.25 | 524.83 | 5.67 | — | — | — | — | — |
| P/S Ratio | 41.26 | 39.56 | 15.07 | 4.78 | — | — | — | — |
| P/B Ratio | 25.84 | 24.74 | — | — | — | — | — | — |
| 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 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 39.68 | 21.07 | 6.37 | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | 0.94 | — | — | — | — | — |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 71.1% | 71.1% | 100.0% | 44.4% | 28.9% | 33.3% | 44.2% | 57.3% |
| Operating Margin | -101.4% | -101.4% | -235.2% | -313.3% | -108.7% | -97.9% | -834.2% | 16.2% |
| Net Profit Margin | 22.8% | 22.8% | 327.0% | -260.9% | -109.3% | -155.9% | -704.7% | -29.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 182.1% | 182.1% | — | — | -36.2% | -56.8% | -2.9% | -2.5% |
| ROA | 5.3% | 5.3% | 35.4% | -54.2% | -18.7% | -22.9% | -1.9% | -1.5% |
| ROIC | -49.2% | -49.2% | -58.5% | — | -16.2% | -12.2% | -2.0% | 0.8% |
| ROCE | -56.2% | -56.2% | -101.8% | — | -21.3% | -16.0% | -2.5% | 0.9% |
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 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.16 | — | — | 0.50 | 1.49 | 0.42 | 0.48 |
| Debt / EBITDA | — | — | — | — | — | — | — | 11.04 |
| Net Debt / Equity | — | 0.08 | — | — | 0.38 | 1.38 | 0.27 | 0.28 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | 6.41 |
| Debt / FCF | — | — | — | — | — | — | 21.27 | 7.72 |
| Interest Coverage | -4.46 | -4.46 | 79.76 | -382.68 | -14.66 | -12.78 | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.36 | 0.36 | 0.09 | 0.01 | 0.90 | 1.01 | 2.01 | 13.49 |
| Quick Ratio | 0.36 | 0.36 | 0.09 | 0.01 | 0.88 | 0.92 | 2.01 | 13.49 |
| Cash Ratio | 0.07 | 0.07 | 0.02 | 0.00 | 0.48 | 0.44 | 0.59 | 11.43 |
| Asset Turnover | — | 0.22 | 0.11 | 0.29 | 0.14 | 0.08 | 0.00 | 0.05 |
| Inventory Turnover | — | — | — | — | 27.87 | 6.64 | 220.39 | 3421.31 |
| Days Sales Outstanding | — | 91.00 | 114.13 | 21.79 | 137.33 | 166.00 | 1000.02 | 21.27 |
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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.2% | 0.2% | 17.6% | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $39M | $13M | $9M | $10M | $28M | $226M | $226M |
Severe liquidity and dilution
According to recent market data, FBYD trades at a P/S ratio of 41.26, a valuation that appears disconnected from the company's negative operating margins and suggests investors are pricing in aggressive, unproven growth in IP-driven revenue rather than the firm's current, project-based service income stream.
The current P/S multiple implies a market expectation of rapid scaling that remains unsupported by the company's historical revenue volatility. Investors should monitor whether this premium valuation can be sustained as the firm transitions from a boutique consultancy to a capital-intensive theme park operator.
As reported in financial statements, FBYD's ROIC has remained consistently negative, reaching -12.0% in 2026Q1, which indicates that the company is currently destroying shareholder value by deploying capital into projects that fail to generate returns exceeding the cost of the underlying investment.
The persistent negative ROIC suggests that the firm's 'flywheel' strategy has yet to achieve the necessary scale to cover its high fixed-cost base. This trend warrants further investigation into whether the company can achieve positive returns on invested capital as its destination assets mature.
Based on FBYD's reported figures, the company's asset turnover ratio remains extremely low at 0.08 as of 2026Q1, reflecting a structural inability to efficiently convert its asset base into revenue compared to more established peers in the entertainment and hospitality sectors.
The low asset turnover suggests that the company's investments in physical destinations are not yet contributing meaningfully to top-line growth. This inefficiency, combined with volatile DSO trends, indicates that the firm's working capital management is currently a significant drag on operational performance.
According to recent SEC filings, the company's current ratio of 0.45 in 2026Q1 highlights a severe liquidity shortfall, leaving the firm with insufficient short-term assets to cover its immediate obligations without relying on external financing or further dilutive capital raises to sustain operations.
This liquidity position appears highly vulnerable to any operational shocks or delays in the development pipeline. Investors should monitor the firm's ability to secure non-dilutive funding, as the current cash position provides little margin for error in a capital-intensive industry.
Analysis of the company's financial reports reveals that the net margin is a frequently misapplied metric for FBYD, as the 69.1% net margin reported in 2026Q1 is likely driven by non-operating accounting gains rather than sustainable operational profitability or core business success.
Investors should focus on operating margins and free cash flow instead, as these metrics better reflect the true cash-burning nature of the business. Relying on net income in this context obscures the significant operational losses and the ongoing need for external capital to fund growth.
Includes 30+ ratios · 7 years · Updated daily
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Quick answers to the most common questions about buying FBYD stock.
Falcon's Beyond Global, Inc. Class A Common Stock's current P/E ratio is 548.3x. The historical average is 5.7x. This places it at the 100th percentile of its historical range.
Falcon's Beyond Global, Inc. Class A Common Stock's return on equity (ROE) is 182.1%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 16.7%.
Based on historical data, Falcon's Beyond Global, Inc. Class A Common Stock is trading at a P/E of 548.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Falcon's Beyond Global, Inc. Class A Common Stock has 71.1% gross margin and -101.4% operating margin.