Latest Ratios: P/E Ratio -0.3x · EV/EBITDA N/A · ROE -85.4%. (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 | $31M | $28M | $64M | $145M | $527M | — | — | — | — | — |
| Enterprise Value | $28M | $25M | $124M | $163M | $497M | — | — | — | — | — |
| P/E Ratio → | -0.34 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.17 | 0.45 | 5.94 | 2.71 | 8.42 | — | — | — | — | — |
| 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 | — | — | — | — | — | — | — | — | — | — |
| 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 | — | — | — | — | — | — | 100.0% | 87.2% | — | — |
| Operating Margin | — | — | — | — | — | — | -2040.1% | -2871.4% | — | — |
| Net Profit Margin | — | — | — | — | — | — | -2637.3% | -2743.1% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -85.4% | -85.4% | -193.0% | -52.7% | -106.7% | -34.9% | -10.5% | -11.5% | -17.0% | -7.9% |
| ROA | -39.4% | -39.4% | -65.1% | -35.7% | -98.5% | -33.4% | -10.1% | -11.4% | -14.5% | -5.2% |
| ROIC | -50.2% | -50.2% | -37.8% | -53.3% | -188.4% | -61.4% | -10.5% | -10.2% | -18.1% | — |
| ROCE | -60.7% | -60.7% | -41.7% | -47.2% | -107.3% | -31.8% | -8.1% | -12.0% | -18.5% | -7.9% |
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 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | 6.09 | 0.71 | 0.01 | 0.00 | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.06 | 5.63 | 0.33 | -0.49 | -0.65 | -0.56 | -0.10 | -0.12 | -0.46 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | -11.05 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -3.86 | -3.86 | -9.00 | -3.47 | -11117.83 | -3526.80 | -6.55 | — | — | — |
Net cash position: cash ($4M) exceeds total debt ($215000)
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 | 0.70 | 2.50 | 4.41 | 24.31 | 10.19 | 9.12 | 8.33 | 0.92 |
| Quick Ratio | 0.72 | 0.72 | 0.70 | 2.50 | 4.41 | 24.31 | 10.19 | 9.29 | 8.33 | 0.92 |
| Cash Ratio | 0.60 | 0.60 | 0.50 | 2.29 | 4.21 | 24.22 | 10.15 | 8.35 | 8.13 | 0.91 |
| Asset Turnover | — | — | — | — | — | — | 0.00 | 0.00 | — | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | 243.77 | 201.95 | — | — |
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% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $8M | $2M | $2M | $2M | $43M | $0 | $0 | $0 | $0 |
Imminent liquidity and dilution
Based on reported figures, FEAM trades at a P/B of 0.17, which suggests the market is heavily discounting the company's book value due to the significant uncertainty surrounding its transition from a pre-revenue development-stage entity to a commercial-scale producer of borate and lithium materials.
The depressed P/B ratio relative to broader industrial materials peers indicates that investors are pricing in substantial execution and financing risks rather than asset-backed value. This valuation suggests that the market remains skeptical of the company's ability to reach nameplate capacity without further dilutive capital raises.
As reported in financial statements, FEAM has consistently posted negative ROIC figures, with the most recent quarter showing -16.2%, highlighting the company's inability to generate returns on its invested capital while it remains in the capital-intensive construction phase of its Fort Cady facility.
The persistent decay in ROIC over the last ten quarters underscores the structural challenge of funding long-term infrastructure projects without operational revenue. Investors should monitor whether the commissioning of the small-scale facility can eventually pivot these returns toward a positive trajectory as the project matures.
According to recent SEC filings, FEAM's current ratio has fluctuated wildly from 0.15 to 6.50 over the last two years, reflecting a precarious liquidity position that leaves the company highly vulnerable to sudden cash shortfalls during its critical development and permitting phases.
The extreme volatility in liquidity ratios suggests that the company's financial health is entirely dependent on the timing of external capital injections rather than internal cash generation. This instability warrants caution, as the current $3.8 million cash balance appears insufficient to cover the ongoing burn rate.
As indicated by the company's financial statements, the P/B ratio is a misleading metric for FEAM because it fails to account for the massive, ongoing share count expansion required to fund the company's development, which effectively dilutes the value of existing equity over time.
Analysts should prioritize tracking the fully diluted share count and the cost of capital rather than relying on static balance sheet multiples. The P/B ratio obscures the reality that the company's book value is being artificially supported by dilutive financing rather than organic growth in operational assets.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying FEAM stock.
5E Advanced Materials Inc.'s current P/E ratio is -0.3x. This places it at the 50th percentile of its historical range.
5E Advanced Materials Inc.'s return on equity (ROE) is -85.4%. The historical average is -57.7%.
Based on historical data, 5E Advanced Materials Inc. is trading at a P/E of -0.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.