Latest Ratios: P/E Ratio -11.5x · EV/EBITDA N/A · ROE -13.0%. (2004–2025 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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16M | $7M | $18M | — | — | — | — | — | — | — | — |
| Enterprise Value | $10M | $1M | $8M | — | — | — | — | — | — | — | — |
| P/E Ratio → | -11.47 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.66 | 0.29 | 16.72 | — | — | — | — | — | — | — | — |
| P/B Ratio | 0.38 | 0.38 | 1.54 | — | — | — | — | — | — | — | — |
| P/FCF | 19.51 | 8.61 | — | — | — | — | — | — | — | — | — |
| P/OCF | 14.43 | 6.37 | — | — | — | — | — | — | — | — | — |
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.06 | 7.15 | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 1.72 | — | — | — | — | — | — | — | — | — |
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 52.3% | 52.3% | 76.1% | 70.4% | 74.3% | 79.5% | 79.9% | 79.2% | 82.2% | 80.4% | 76.1% |
| Operating Margin | -16.9% | -16.9% | -466.3% | -384.4% | -33.3% | 3.9% | 9.7% | -56.4% | -6.6% | -22.8% | -8.3% |
| Net Profit Margin | -8.3% | -8.3% | -767.2% | -110.9% | -31.1% | 10.0% | 10.7% | -54.8% | -18.7% | -23.7% | -6.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -13.0% | -13.0% | -52.6% | -5.2% | -14.8% | 7.6% | 15.2% | -71.8% | -23.3% | -30.8% | -15.1% |
| ROA | -9.3% | -9.3% | -42.4% | -4.3% | -12.6% | 6.2% | 10.6% | -45.7% | -16.1% | -23.4% | -9.3% |
| ROIC | -42.6% | -42.6% | -95.7% | -42.5% | -54.6% | 9.2% | 18.0% | -90.0% | -9.1% | -28.3% | -17.9% |
| ROCE | -25.8% | -25.8% | -31.0% | -17.4% | -15.6% | 3.0% | 13.2% | -71.7% | -8.2% | -28.3% | -15.0% |
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.06 | 0.06 | 0.01 | 0.00 | 0.01 | 0.01 | 0.06 | 0.09 | 0.02 | — | — |
| Debt / EBITDA | — | — | — | — | — | 0.25 | 0.30 | — | 0.36 | — | — |
| Net Debt / Equity | — | -0.30 | -0.88 | -0.67 | -0.70 | -0.85 | -0.51 | -0.33 | -0.42 | -0.24 | -0.20 |
| Net Debt / EBITDA | — | — | — | — | — | -22.18 | -2.61 | — | -9.77 | — | — |
| Debt / FCF | — | -6.89 | — | — | — | -16.91 | -3.49 | — | -2.65 | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | -29.05 |
Net cash position: cash ($7M) exceeds total debt ($1M)
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.57 | 1.57 | 3.17 | 4.70 | 4.21 | 6.00 | 1.64 | 1.08 | 0.79 | 0.93 | 1.28 |
| Quick Ratio | 1.57 | 1.57 | 3.17 | 4.70 | 4.21 | 6.00 | 1.64 | 1.08 | 0.79 | 0.93 | 1.28 |
| Cash Ratio | 0.91 | 0.91 | 2.99 | 4.32 | 4.02 | 5.89 | 1.56 | 0.99 | 0.72 | 0.78 | 0.84 |
| Asset Turnover | — | 0.91 | 0.07 | 0.04 | 0.43 | 0.46 | 0.94 | 1.25 | 0.83 | 1.09 | 0.76 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 24.73 | 37.96 | 43.33 | 4.06 | 4.22 | 2.03 | 3.12 | 7.56 | 9.11 | 19.67 |
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 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 5.1% | 11.6% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 1.9% | 4.4% | 0.0% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 1.9% | 4.4% | 0.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $4M | $9M | $9M | $10M | $8M | $7M | $7M | $7M | $6M | $6M |
Persistent operational cash burn
Based on reported figures, IPM trades at a P/S ratio of 0.65, which suggests that the market is heavily discounting the company's future growth prospects compared to broader software peers, likely due to the persistent negative earnings and the lack of a clear path to profitability.
The negative P/E of -11.27 highlights the absence of current earnings, forcing investors to rely on revenue-based multiples that may be distorted by recent inorganic growth events. This valuation suggests that the market views the company as a distressed asset rather than a growth-oriented software entity, warranting caution regarding the sustainability of its current market capitalization.
As reported in financial statements, IPM's gross margin has contracted from 69.0% in 2023Q4 to 41.2% in 2026Q1, indicating that the company's core profitability is being squeezed by rising distribution costs and the increasing intensity of platform hosting requirements.
The persistent negative operating margins, which reached -10.7% in the most recent quarter, suggest that the company has failed to achieve the necessary operating leverage to cover its fixed cost base. Investors should monitor whether management can stabilize these margins, as the current trend indicates a structural inability to convert revenue into bottom-line growth.
According to quarterly financial data, IPM's asset turnover has remained stagnant at approximately 0.23, which suggests that the company is struggling to generate meaningful revenue from its existing asset base, including its growing investments in property, plant, and equipment.
The fluctuation in the cash conversion cycle, evidenced by inconsistent DSO and DPO trends, points to potential inefficiencies in managing working capital. This lack of operational fluidity may further exacerbate the company's liquidity challenges, as cash remains tied up in non-productive assets rather than supporting core growth initiatives.
Based on recent SEC filings, IPM's current ratio has declined from 4.70 in 2023Q4 to 1.51 in 2026Q1, signaling a significant contraction in the company's liquidity buffer that may limit its operational flexibility as it continues to navigate a period of negative operating margins.
While a current ratio of 1.51 appears adequate on the surface, the rapid depletion of cash reserves from $13.6M to $6.7M over the same period suggests that the company is burning through its capital at an unsustainable rate. This trend warrants close monitoring, as the company may soon face a liquidity crunch if it cannot achieve self-sustaining cash flow.
The 2049.95% year-over-year revenue growth figure is frequently misapplied by automated screeners as a sign of hyper-growth, when it likely represents a one-time structural reset or M&A event that obscures the underlying stagnation of the legacy social media business.
Analysts should prioritize organic revenue growth and ARPPU over top-line growth figures, as the latter is heavily distorted by inorganic accounting changes. Relying on standard growth multiples for this company may lead to a fundamental misunderstanding of its true operational trajectory and long-term viability.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying IPM stock.
Intelligent Protection Management Corp.'s current P/E ratio is -11.5x. This places it at the 50th percentile of its historical range.
Intelligent Protection Management Corp.'s return on equity (ROE) is -13.0%. The historical average is -46.4%.
Based on historical data, Intelligent Protection Management Corp. is trading at a P/E of -11.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Intelligent Protection Management Corp. has 52.3% gross margin and -16.9% operating margin.