Here Group Limited (HERE) Financial Ratios
6 years of historical data (2020–2025)
EV/EBITDA
1.88
—
5yr avg: N/A
P/FCF
55.95
—
5yr avg: N/A
P/B Ratio
0.85
—
5yr avg: N/A
ROE
↑
49.5%
↓+41% vs avg
5yr avg: 35.1%
30Y Low-48%·High104%
Debt/EBITDA
↓
0.09
↓-34% vs avg
5yr avg: 0.13
30Y Low0.1·High0.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
HERE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Here Group Limited trades at 2.2x earnings, sitting at the 50th percentile of its historical range. On a free-cash-flow basis, the stock trades at 55.9x P/FCF.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $230M | — | — | — | — | — | — |
| Enterprise Value | $112M | — | — | — | — | — | — |
| P/E Ratio → | 2.20 | — | — | — | — | — | — |
| P/S Ratio | 0.57 | — | — | — | — | — | — |
| P/B Ratio | 0.85 | — | — | — | — | — | — |
| P/FCF | 55.95 | — | — | — | — | — | — |
| P/OCF | 55.10 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
HERE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Here Group Limited's enterprise value stands at 1.9x EBITDA.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — |
| EV / EBITDA | 1.88 | — | — | — | — | — | — |
| EV / EBIT | 1.92 | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — |
HERE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Here Group Limited earns an operating margin of 14.6%. Operating margins have expanded from -3.7% to 14.6% over the past 3 years, signaling improving operational efficiency. Return on equity of 49.5% is exceptionally high. ROIC of 216.7% represents excellent returns on invested capital.
Margins
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 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 81.5% | 81.5% | 85.5% | 87.3% | 85.7% | 89.8% | 89.8% |
| Operating Margin | 14.6% | 14.6% | 9.9% | -3.7% | -8.2% | -18.8% | -18.8% |
| Net Profit Margin | 13.2% | 13.2% | 10.2% | -3.5% | -8.1% | -18.0% | -18.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | 49.5% | 49.5% | 103.9% | -48.1% | — | — | — |
| ROA | 23.2% | 23.2% | 29.1% | -11.9% | -50.0% | -95.7% | -95.7% |
| ROIC | 216.7% | 216.7% | — | — | — | — | — |
| ROCE | 49.5% | 49.5% | 90.4% | -134.5% | — | — | — |
HERE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Here Group Limited carries a Debt/EBITDA ratio of 0.1x, which is very conservative. The company holds a net cash position — cash of $830M exceeds total debt of $35M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.04 | 0.04 | 0.13 | 0.42 | — | — | — |
| Debt / EBITDA | 0.09 | 0.09 | 0.17 | — | — | — | — |
| Net Debt / Equity | — | -0.85 | -1.38 | -2.97 | — | — | — |
| Net Debt / EBITDA | -1.96 | -1.96 | -1.87 | — | — | — | — |
| Debt / FCF | — | -28.60 | -2.56 | -2.92 | -0.91 | -0.37 | -0.37 |
| Interest Coverage | — | — | — | — | — | — | — |
Net cash position: cash ($830M) exceeds total debt ($35M)
HERE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Here Group Limited's current ratio of 2.14x 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 1.17x to 2.14x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 2.14 | 2.14 | 1.53 | 1.17 | 0.79 | 0.48 | 0.48 |
| Quick Ratio | 2.09 | 2.09 | 1.52 | 1.17 | 0.79 | 0.48 | 0.48 |
| Cash Ratio | 1.69 | 1.69 | 1.18 | 0.99 | 0.56 | 0.10 | 0.10 |
| Asset Turnover | — | 1.64 | 2.66 | 2.52 | 4.75 | 5.33 | 5.33 |
| Inventory Turnover | 17.99 | 17.99 | 86.73 | — | — | — | — |
| Days Sales Outstanding | — | 2.78 | 17.86 | 7.57 | 7.48 | 23.86 | 23.86 |
HERE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Here Group Limited returns 1.6% to shareholders annually — split between a 1.4% dividend yield and 0.2% buyback yield. The payout ratio of 3.0% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 45.4% (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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.4% | — | — | — | — | — | — |
| Payout Ratio | 3.0% | 3.0% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 45.4% | — | — | — | — | — | — |
| FCF Yield | 1.8% | — | — | — | — | — | — |
| Buyback Yield | 0.2% | — | — | — | — | — | — |
| Total Shareholder Yield | 1.6% | — | — | — | — | — | — |
| Shares Outstanding | — | $55M | $57M | $55M | $55M | $55M | $55M |
Peer Comparison
Compare HERE 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 |
|---|---|---|---|---|---|---|---|---|---|
 HEREYou | $230M | 2.2 | 1.9 | 55.9 | 81.5% | 14.6% | 49.5% | 216.7% | 0.1 |
 MAPS | $67M | 21.5 | 1.1 | 5.0 | 87.3% | 6.7% | 1.6% | 9.1% | 1.0 |
 GFAI | $9M | -0.8 | — | — | 17.2% | -18.5% | -20.5% | -41.6% | — |
 TPVG | $203M | 4.1 | 8.6 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 UBER | $148B | 15.1 | 24.4 | 15.2 | 39.8% | 10.7% | 39.8% | 13.6% | 2.1 |
 LYFT | $5B | 2.1 | — | 4.9 | 41.5% | -3.0% | 140.8% | -6.1% | — |
 GRAB | $14B | 56.0 | 33.8 | 105.8 | 43.2% | 6.0% | 4.1% | 3.3% | 5.4 |
 BLNK | $78M | -0.9 | — | — | 24.4% | -72.4% | -91.0% | -92.9% | — |
 GOOGL | $4.5T | 34.0 | 29.8 | 60.8 | 59.7% | 32.1% | 35.7% | 25.1% | 0.4 |
 AAPL | $4.4T | 39.9 | 30.8 | 44.3 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
 MSFT | $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 6 years · Updated daily
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HERE — Frequently Asked Questions
Quick answers to the most common questions about buying HERE stock.
What is Here Group Limited's P/E ratio?
Here Group Limited's current P/E ratio is 2.2x. This places it at the 50th percentile of its historical range.
What is Here Group Limited's EV/EBITDA?
Here Group Limited's current EV/EBITDA is 1.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is Here Group Limited's ROE?
Here Group Limited's return on equity (ROE) is 49.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 35.1%.
Is HERE stock overvalued?
Based on historical data, Here Group Limited is trading at a P/E of 2.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Here Group Limited's dividend yield?
Here Group Limited's current dividend yield is 1.37% with a payout ratio of 3.0%.
What are Here Group Limited's profit margins?
Here Group Limited has 81.5% gross margin and 14.6% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Here Group Limited have?
Here Group Limited's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.