Latest Ratios: P/E Ratio -2.3x · EV/EBITDA 3.7x · ROE -28.5%. (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 | $75M | $194M | $512M | $376M | $350M | $343M | — | — | — | — |
| Enterprise Value | $172M | $291M | $526M | $352M | $322M | $300M | — | — | — | — |
| P/E Ratio → | -2.29 | — | 16.76 | 20.74 | 146.40 | 27.43 | — | — | — | — |
| P/S Ratio | 0.45 | 1.17 | 4.02 | 3.46 | 4.57 | 8.11 | — | — | — | — |
| P/B Ratio | 0.70 | 1.79 | 4.15 | 3.16 | 4.01 | 4.29 | — | — | — | — |
| P/FCF | 6.93 | 17.97 | 134.18 | 43.36 | 36.93 | 40.74 | — | — | — | — |
| P/OCF | 6.42 | 16.64 | 13.59 | 20.98 | 18.64 | 24.51 | — | — | — | — |
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 | — | 1.76 | 4.13 | 3.24 | 4.21 | 7.08 | — | — | — | — |
| EV / EBITDA | 3.73 | 6.30 | 12.68 | 14.75 | 36.45 | 21.73 | — | — | — | — |
| EV / EBIT | 5.41 | 9.15 | 14.23 | 16.73 | 83.20 | 23.36 | — | — | — | — |
| EV / FCF | — | 27.02 | 137.91 | 40.62 | 34.02 | 35.58 | — | — | — | — |
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 | 82.1% | 82.1% | 94.1% | 91.6% | 96.1% | 100.0% | 100.0% | 100.0% | 80.2% | 72.7% |
| Operating Margin | 19.2% | 19.2% | 28.1% | 20.0% | 2.5% | 26.9% | 39.8% | 7.3% | 32.0% | 28.4% |
| Net Profit Margin | -19.9% | -19.9% | 24.1% | 16.8% | 3.1% | 29.4% | 54.1% | -9.9% | 33.5% | -46.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -28.5% | -28.5% | 25.3% | 17.7% | 2.9% | 21.8% | 64.3% | -15.0% | 66.7% | -78.3% |
| ROA | -13.8% | -13.8% | 18.4% | 12.4% | 2.1% | 18.3% | 37.6% | -5.1% | 16.7% | -14.1% |
| ROIC | 13.9% | 13.9% | 23.0% | 21.1% | 2.9% | 24.3% | 27.6% | 3.7% | 14.9% | 7.6% |
| ROCE | 15.4% | 15.4% | 26.3% | 19.0% | 2.0% | 18.5% | 29.9% | 4.4% | 18.9% | 9.5% |
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 | 1.05 | 1.05 | 0.23 | 0.01 | 0.02 | 0.10 | 0.23 | 1.59 | 1.79 | 3.96 |
| Debt / EBITDA | 2.45 | 2.45 | 0.67 | 0.07 | 0.23 | 0.55 | 0.59 | 5.69 | 3.26 | 7.44 |
| Net Debt / Equity | — | 0.90 | 0.12 | -0.20 | -0.32 | -0.54 | -0.01 | 1.05 | 1.44 | 3.68 |
| Net Debt / EBITDA | 2.11 | 2.11 | 0.34 | -0.99 | -3.12 | -3.15 | -0.02 | 3.76 | 2.61 | 6.91 |
| Debt / FCF | — | 9.05 | 3.73 | -2.74 | -2.91 | -5.16 | -0.03 | 5.97 | — | — |
| Interest Coverage | 3.77 | 3.77 | 21.88 | 88.41 | 3.99 | 19.21 | 7.23 | 0.58 | — | -1.46 |
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 | 1.21 | 1.21 | 1.17 | 1.45 | 1.32 | 5.75 | 3.74 | 3.98 | 0.93 | 3.43 |
| Quick Ratio | 1.21 | 1.21 | 1.17 | 1.45 | 1.32 | 5.75 | 3.74 | 3.98 | 0.93 | 3.43 |
| Cash Ratio | 0.45 | 0.45 | 0.46 | 0.78 | 0.94 | 5.21 | 2.24 | 3.04 | 0.54 | 0.50 |
| Asset Turnover | — | 0.55 | 0.71 | 0.70 | 0.55 | 0.46 | 0.62 | 0.55 | 0.49 | 0.30 |
| Inventory Turnover | — | — | — | — | 39.45 | — | — | — | 999999.00 | — |
| Days Sales Outstanding | — | 58.43 | 55.86 | 67.64 | 51.36 | 34.52 | 64.96 | 32.95 | 60.37 | 360.47 |
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 | — | — | 6.0% | 4.8% | 0.7% | 3.6% | — | — | — | — |
| FCF Yield | 14.4% | 5.6% | 0.7% | 2.3% | 2.7% | 2.5% | — | — | — | — |
| Buyback Yield | 7.5% | 2.9% | 5.3% | 0.7% | 0.1% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 7.5% | 2.9% | 5.3% | 0.7% | 0.1% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $35M | $36M | $39M | $38M | $34M | $34M | $34M | $34M | $34M |
Search Algorithm Dependency
According to current market data, GAMB trades at a forward P/E of 4.16, which appears to reflect significant investor skepticism regarding the sustainability of its recent growth trajectory compared to the broader consumer cyclical sector and historical valuation premiums observed in the iGaming affiliate space.
The low forward P/E multiple suggests that the market is pricing in a high probability of earnings stagnation or potential margin compression. Investors should monitor whether this valuation discount is a temporary reaction to recent net losses or a structural re-rating based on the risks associated with the company's heavy reliance on search engine traffic.
Based on reported figures, ROIC has trended downward from 6.8% in 2023Q4 to 1.2% in 2026Q1, indicating that the company's aggressive acquisition strategy is struggling to generate returns that exceed the cost of capital, thereby eroding long-term shareholder value creation.
The decline in ROIC suggests that the capital deployed into new domains and market expansion is not yielding the expected operational synergies. This trend warrants further investigation into whether the company is overpaying for intangible assets that fail to deliver the anticipated incremental cash flows.
As reported in financial statements, the company's asset turnover ratio has remained suppressed at 0.14 in 2026Q1, highlighting a persistent inefficiency in converting its expanding asset base into revenue, which is a departure from the more efficient turnover levels observed in previous fiscal periods.
The inability to improve asset turnover despite significant investment in digital real estate suggests that the company's growth is becoming increasingly capital-intensive. Investors should scrutinize whether the current DSO levels are indicative of deteriorating collection quality from operators or simply a reflection of the shift toward longer-term revenue-share agreements.
According to recent SEC filings, the debt-to-EBITDA ratio has surged to 17.07 in 2026Q1, a stark increase from the 0.21 level seen in 2023Q4, which suggests that the company's debt service capacity is becoming increasingly constrained by its recent reliance on external financing.
This rapid escalation in leverage appears to be a direct consequence of funding inorganic growth through debt rather than internal cash generation. The current interest coverage ratio of 1.20 indicates that the company has very little margin for error should operating performance face further headwinds.
As evidenced by the company's recent financial performance, the P/E ratio is a fundamentally flawed metric for GAMB, as it fails to account for the massive non-cash impairment charges and amortization of intangible assets that currently distort the reported net income figures.
Analysts should instead prioritize EV/EBITDA or P/FCF to better understand the underlying cash-generating capacity of the core SEO engine. Relying on P/E in this context obscures the true operational health of the business by conflating accounting noise with actual economic performance.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying GAMB stock.
Gambling.com Group Limited's current P/E ratio is -2.3x. The historical average is 52.8x.
Gambling.com Group Limited's current EV/EBITDA is 3.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.4x.
Gambling.com Group Limited's return on equity (ROE) is -28.5%. The historical average is 8.6%.
Based on historical data, Gambling.com Group Limited is trading at a P/E of -2.3x. Compare with industry peers and growth rates for a complete picture.
Gambling.com Group Limited has 82.1% gross margin and 19.2% operating margin. Operating margin between 10-20% is typical for established companies.
Gambling.com Group Limited's Debt/EBITDA ratio is 2.5x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.