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NISNNisun International Enterprise Development Group Co., Ltd
$16.93$81M
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Nisun International Enterprise Development Group Co., Ltd (NISN) Financial Ratios

Latest Ratios: P/E Ratio 73.6x · EV/EBITDA 9.3x · ROE 0.4%. (2013–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

NISN Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Market Cap$81M$27M$16M$23M$69M$338M$94M$13M$39M$60M—
Enterprise Value$44M$-9835676$-94203650$-29280796$-10610468$328M$95M$17M$37M$49M—
P/E Ratio →73.6129.170.901.292.27—34.52—5.3710.10—
P/S Ratio0.240.080.040.100.438.024.470.531.322.20—
P/B Ratio0.330.130.080.120.374.231.750.360.951.91—
P/FCF——0.45—2.92141.77965.95——99.98—
P/OCF——0.44—2.89125.98281.49——37.80—

P/E links to full P/E history page with 30-year chart

NISN EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
EV / Revenue—-0.03-0.24-0.13-0.077.784.500.661.271.79—
EV / EBITDA9.32-2.07-4.48-1.54-0.2728.0217.22—7.765.75—
EV / EBIT11.92-1.77-3.88-1.30-0.2632.7480.77—8.686.08—
EV / FCF——-2.70—-0.45137.51971.15——81.45—

NISN Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Gross Margin9.1%9.1%10.3%15.8%33.7%52.7%38.2%30.0%35.8%38.6%38.0%
Operating Margin1.1%1.1%4.9%7.6%23.8%23.8%25.0%-21.1%13.3%29.5%26.3%
Net Profit Margin0.3%0.3%4.5%7.5%19.0%-31.4%13.0%-20.3%24.4%21.9%19.1%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
ROE0.4%0.4%8.9%9.4%23.0%-19.8%6.0%-13.3%19.9%24.9%29.8%
ROA0.3%0.3%5.9%6.3%15.9%-13.7%3.9%-9.3%14.0%15.4%16.6%
ROIC1.3%1.3%6.9%6.7%19.9%10.0%8.0%-9.6%7.9%24.3%29.1%
ROCE1.8%1.8%9.5%9.4%28.7%14.5%11.3%-13.6%10.6%33.1%41.0%

NISN Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Debt / Equity0.040.040.020.060.060.150.070.110.040.030.05
Debt / EBITDA1.681.680.210.630.301.020.72—0.320.100.13
Net Debt / Equity—-0.18-0.54-0.27-0.43-0.130.010.09-0.04-0.35-0.02
Net Debt / EBITDA-7.80-7.80-5.23-2.74-2.02-0.870.09—-0.36-1.31-0.05
Debt / FCF——-3.15—-3.37-4.275.20——-18.54-0.38
Interest Coverage——————7.43-10.0574.70160.95109.12

Net cash position: cash ($45M) exceeds total debt ($8M)

NISN Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Current Ratio4.234.232.642.552.572.251.551.952.932.251.23
Quick Ratio4.234.232.642.552.572.251.551.952.932.251.23
Cash Ratio0.760.761.030.711.030.830.120.050.240.770.08
Asset Turnover—1.251.220.830.580.390.250.450.540.580.76
Inventory Turnover———————————
Days Sales Outstanding———————————

NISN Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Earnings Yield1.4%3.4%111.5%77.5%44.0%—2.9%—18.6%9.9%—
FCF Yield——221.6%—34.3%0.7%0.1%——1.0%—
Buyback Yield1.3%——————————
Total Shareholder Yield1.3%——————————
Shares Outstanding—$4M$4M$4M$2M$2M$2M$2M$1M$1M$1M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Rapid liquidity depletion

Market Valuation Reflects Distressed Outlook

Based on current market data, NISN trades at a P/S ratio of 0.24, which, according to recent financial filings, suggests the market is pricing the firm as a distressed logistics intermediary rather than a high-growth fintech entity, given the lack of forward-looking earnings visibility.

The P/E ratio of 73.61 appears disconnected from the company's underlying profitability, likely reflecting the extreme volatility in net income rather than genuine growth expectations. Investors should monitor whether this valuation discount persists as the firm struggles to demonstrate a sustainable path to positive net margins.

Capital Efficiency Deteriorating Over Time

As reported in historical financial statements, NISN's ROIC has collapsed from 13.1% in 2021Q4 to 1.7% in 2025Q2, indicating that the company is failing to generate meaningful returns on its invested capital as it pivots away from its legacy industrial manufacturing roots.

The sharp decline in ROIC suggests that the capital allocated to its current supply chain finance model is not yielding the expected efficiencies. This trend warrants further investigation into whether the firm's asset base is being deployed effectively or if it is simply being eroded by persistent operational losses.

Working Capital Cycles Remain Volatile

According to recent quarterly data, the company's DSO has fluctuated significantly, reaching 50 days in 2025Q2, which suggests that NISN faces ongoing challenges in managing its receivables collection cycle within its regional agricultural and commodity trade ecosystem.

The variability in asset turnover, which dropped to 0.36 in 2025Q2, implies that the company is struggling to maintain the velocity of its trade facilitation services. This inefficiency appears to be a structural drag on the business, limiting its ability to scale without consuming excessive working capital.

Liquidity Buffer Facing Severe Pressure

Based on reported figures, the current ratio has remained relatively stable at 2.69 in 2025Q2, yet this metric masks the rapid depletion of cash reserves, which have fallen significantly, leaving the company with a diminished safety net against potential credit defaults in its SME portfolio.

While the current ratio might appear adequate on the surface, the lack of cash flow generation suggests that the company's liquidity is increasingly tied up in illiquid receivables. Investors should monitor the firm's ability to maintain operations without further dilutive financing or asset liquidation.

Misapplication of Fintech Valuation Multiples

The most commonly misapplied metric for NISN is the P/E ratio, which, as indicated by the company's 0.27% net margin, obscures the fact that the firm operates more like a low-margin commodity broker than a scalable, high-margin technology platform.

Analysts should instead focus on EV/Sales or gross margin trends to better understand the company's true earning power. Relying on P/E multiples in this context is misleading, as it fails to account for the high variable costs and the transactional nature of the firm's revenue base.

Download Financial Ratios Data

Includes 30+ ratios · 12 years · Updated daily

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NISN — Frequently Asked Questions

Quick answers to the most common questions about buying NISN stock.

What is Nisun International Enterprise Development Group Co., Ltd's P/E ratio?

Nisun International Enterprise Development Group Co., Ltd's current P/E ratio is 73.6x. The historical average is 11.9x. This places it at the 100th percentile of its historical range.

What is Nisun International Enterprise Development Group Co., Ltd's EV/EBITDA?

Nisun International Enterprise Development Group Co., Ltd's current EV/EBITDA is 9.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.7x.

What is Nisun International Enterprise Development Group Co., Ltd's ROE?

Nisun International Enterprise Development Group Co., Ltd's return on equity (ROE) is 0.4%. The historical average is 12.6%.

Is NISN stock overvalued?

Based on historical data, Nisun International Enterprise Development Group Co., Ltd is trading at a P/E of 73.6x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Nisun International Enterprise Development Group Co., Ltd's profit margins?

Nisun International Enterprise Development Group Co., Ltd has 9.1% gross margin and 1.1% operating margin.

How much debt does Nisun International Enterprise Development Group Co., Ltd have?

Nisun International Enterprise Development Group Co., Ltd's Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.