Latest Ratios: P/E Ratio -9.8x · EV/EBITDA 5.2x · ROE 118.7%. (2023–2025 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 |
|---|---|---|---|---|
| Market Cap | $352M | $311M | $248M | — |
| Enterprise Value | $352M | $311M | $248M | — |
| P/E Ratio → | -9.78 | — | 70.06 | — |
| P/S Ratio | 11.34 | 10.01 | 7.87 | — |
| P/B Ratio | 20.95 | 20.95 | 16.20 | — |
| 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 |
|---|---|---|---|---|
| EV / Revenue | — | 10.01 | 7.87 | — |
| EV / EBITDA | 5.17 | 4.57 | 6.77 | — |
| EV / EBIT | 12.85 | — | 8.97 | — |
| 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 |
|---|---|---|---|---|
| Gross Margin | 93.5% | 93.5% | 94.2% | 75.9% |
| Operating Margin | 88.3% | 88.3% | 89.9% | 60.4% |
| Net Profit Margin | 57.7% | 57.7% | 40.6% | 60.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ROE | 118.7% | 118.7% | 22.4% | 25.7% |
| ROA | 24.6% | 24.6% | 8.6% | 10.3% |
| ROIC | 136.1% | 136.1% | 16.7% | 8.0% |
| ROCE | 59.8% | 59.8% | 19.5% | 10.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Debt / Equity | — | — | — | 1.42 |
| Debt / EBITDA | — | — | — | 5.53 |
| Net Debt / Equity | — | 0.00 | 0.00 | 1.41 |
| Net Debt / EBITDA | — | 0.00 | 0.00 | 5.50 |
| Debt / FCF | — | — | — | 9.05 |
| Interest Coverage | 1.49 | 1.49 | 1.86 | 2.50 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Current Ratio | — | — | — | 1.20 |
| Quick Ratio | — | — | — | 1.20 |
| Cash Ratio | — | — | — | 0.23 |
| Asset Turnover | — | 0.32 | 0.64 | 0.17 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | — | — | — |
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 |
|---|---|---|---|---|
| Dividend Yield | 0.2% | 0.2% | 0.3% | — |
| Payout Ratio | — | — | 5.0% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Earnings Yield | — | — | 1.4% | — |
| FCF Yield | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.2% | 0.2% | 0.3% | — |
| Shares Outstanding | — | $12M | $10M | $10M |
High Leverage and Liquidity
According to recent quarterly filings, GECCI's ROIC has remained suppressed, fluctuating between 1.5% and 2.9% over the last five quarters, which suggests that the firm is struggling to generate meaningful returns on its invested capital relative to its cost of debt and management fee structure.
The low ROIC trend indicates that the firm's niche focus on micro-cap lending may be failing to compensate for the inherent risks and overhead costs associated with its investment model. Investors should monitor whether this decay in capital efficiency is a structural byproduct of the current portfolio composition or a temporary result of recent credit market volatility.
Based on reported financial statements, GECCI's debt-to-equity ratio reached 1.57 in 2026Q1, a level that appears increasingly precarious given the firm's recent asset contraction and the volatility inherent in its underlying portfolio of small-cap debt and equity investments.
The firm's interest coverage ratio, which dipped to -6.28 in 2025Q4, suggests that debt service capacity is highly sensitive to non-cash valuation adjustments and portfolio performance. This reliance on leverage to fund operations warrants further investigation into the sustainability of the firm's capital structure during periods of credit stress.
As reported in recent balance sheet disclosures, GECCI maintained a current ratio of 0.01 in 2026Q1 with negligible cash reserves, highlighting a severe lack of immediate liquidity to address operational requirements or potential capital calls from its concentrated portfolio of middle-market borrowers.
This extreme liquidity constraint suggests that the firm is operating with almost no margin for error, leaving it vulnerable to even minor disruptions in cash flow or asset liquidity. The absence of a robust cash buffer implies that the firm may be forced to rely on external financing or asset sales to meet its obligations.
As indicated by the firm's financial data, the P/B ratio of 20.90 is a misleading metric for assessing value, as it obscures the reality that the firm's book value is heavily dependent on subjective Level 3 asset valuations rather than tangible, liquid assets.
Investors should instead focus on the Net Asset Value (NAV) per share and the quality of the underlying credit portfolio, as the P/B ratio fails to account for the potential for significant write-downs in the firm's micro-cap equity stakes. Relying on traditional book value multiples may lead to an overestimation of the firm's intrinsic worth in a distressed credit environment.
Includes 30+ ratios · 3 years · Updated daily
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Quick answers to the most common questions about buying GECCI stock.
Great Elm Capital Corp. 8.50% Notes DUE 2029's current P/E ratio is -9.8x. The historical average is 70.1x.
Great Elm Capital Corp. 8.50% Notes DUE 2029's current EV/EBITDA is 5.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 5.7x.
Great Elm Capital Corp. 8.50% Notes DUE 2029's return on equity (ROE) is 118.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 55.6%.
Based on historical data, Great Elm Capital Corp. 8.50% Notes DUE 2029 is trading at a P/E of -9.8x. Compare with industry peers and growth rates for a complete picture.
Great Elm Capital Corp. 8.50% Notes DUE 2029's current dividend yield is 0.22%.
Great Elm Capital Corp. 8.50% Notes DUE 2029 has 93.5% gross margin and 88.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.