Latest Ratios: P/E Ratio -15.2x · EV/EBITDA N/A · ROE -23.9%. (2022–2025 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 |
|---|---|---|---|---|---|
| Market Cap | $72M | $124M | — | — | — |
| Enterprise Value | $51M | $103M | — | — | — |
| P/E Ratio → | -15.16 | — | — | — | — |
| P/S Ratio | 2.92 | 5.03 | — | — | — |
| P/B Ratio | 2.11 | 3.28 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| EV / Revenue | — | 4.16 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| Gross Margin | 12.8% | 12.8% | 21.8% | 22.5% | 19.1% |
| Operating Margin | -22.9% | -22.9% | -0.1% | 12.4% | 10.2% |
| Net Profit Margin | -21.4% | -21.4% | 0.5% | 12.8% | 10.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | -23.9% | -23.9% | 1.8% | 88.8% | 93.1% |
| ROA | -21.5% | -21.5% | 1.3% | 47.4% | 29.9% |
| ROIC | -40.8% | -40.8% | -0.5% | 74.7% | — |
| ROCE | -25.6% | -25.6% | -0.5% | 86.1% | 93.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.13 | — | 0.00 |
| Debt / EBITDA | — | — | 5.61 | — | 0.00 |
| Net Debt / Equity | — | -0.57 | -0.30 | -0.18 | -0.01 |
| Net Debt / EBITDA | — | — | -12.84 | -0.30 | -0.01 |
| Debt / FCF | — | — | -0.70 | -0.92 | -0.08 |
| Interest Coverage | -10781.31 | -10781.31 | 4.64 | 133.49 | 1473.99 |
Net cash position: cash ($22M) exceeds total debt ($700161)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 16.96 | 16.96 | 2.70 | 3.47 | 1.45 |
| Quick Ratio | 16.96 | 16.96 | 2.70 | 3.47 | 1.45 |
| Cash Ratio | 10.10 | 10.10 | 1.02 | 0.48 | 0.01 |
| Asset Turnover | — | 0.62 | 2.58 | 3.50 | 2.94 |
| 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 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | 732.7% | 3.3% | 36.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $17M | $19M | $19M | $19M |
Operational scale and execution
As reported in recent financial filings, JFB's P/FFO multiple of 3.49 in 2026Q1 reflects a market struggling to price a company with negative FFO, suggesting that traditional REIT valuation metrics are currently ineffective for assessing a firm that lacks a stable, recurring income stream from its development assets.
The extremely low P/FFO multiple appears to be a function of the company's inability to generate positive cash flow rather than an indication of deep value. Investors should monitor whether the market's valuation reflects a 'liquidation' perspective given the rapid depletion of cash reserves, as the lack of positive FFO renders standard cap rate analysis largely speculative.
Based on the company's reported figures, NOI margins have experienced significant volatility, contracting from a peak of 28.9% in 2024Q1 to 12.4% in 2026Q1, which indicates that JFB is struggling to maintain property-level profitability amidst rising input costs and competitive pressures in the South Florida construction market.
The decline in NOI margins suggests that the company's niche focus on equestrian and luxury buildouts may be insufficient to offset the inflationary pressures on labor and materials. This trend warrants further investigation into whether the company's project-based revenue model is inherently incapable of achieving the economies of scale necessary for consistent profitability.
According to financial statements, JFB maintains a remarkably low debt-to-equity ratio of 0.04 as of 2026Q1, which provides a significant buffer against insolvency despite the firm's ongoing inability to generate positive operating income or consistent cash flow from its core construction activities.
While the minimal debt load is a positive indicator of financial discipline, it also suggests that the company is not utilizing leverage to accelerate growth or bridge operational gaps. Investors should monitor whether this conservative stance is a strategic choice to avoid interest rate sensitivity or a reflection of limited access to credit markets for a firm with negative earnings.
As indicated by the company's financial data, the most commonly misapplied metric for JFB is the P/FFO ratio, which obscures the firm's underlying operational losses by focusing on cash flow adjustments that are currently irrelevant given the company's persistent inability to generate positive distributable cash flow.
Using P/FFO for JFB is misleading because it implies a stable, income-producing asset base that does not exist for this project-based developer. Analysts should instead focus on the backlog-to-revenue conversion rate and the burn rate of cash reserves to better understand the company's viability, as these metrics provide a more accurate picture of operational health than standard REIT valuation multiples.
Includes 30+ ratios · 4 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying JFB stock.
JFB Construction Holdings Class A Common Stock's current P/E ratio is -15.2x. This places it at the 50th percentile of its historical range.
JFB Construction Holdings Class A Common Stock's return on equity (ROE) is -23.9%. The historical average is 40.0%.
Based on historical data, JFB Construction Holdings Class A Common Stock is trading at a P/E of -15.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
JFB Construction Holdings Class A Common Stock has 12.8% gross margin and -22.9% operating margin.