Latest Ratios: P/E Ratio -0.8x · EV/EBITDA N/A · ROE N/A. (1995–2025 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 | $29M | $77M | $20M | $94M | $67M | $69M | $75M | $30M | $29M | $31M | $26M |
| Enterprise Value | $30M | $78M | $39M | $113M | $88M | $109M | $112M | $65M | $55M | $57M | $49M |
| P/E Ratio → | -0.84 | — | 10.81 | 17.22 | — | — | — | — | — | — | — |
| P/S Ratio | 81.10 | 217.52 | 26.58 | 116.39 | 50.32 | 75.05 | 36.71 | 9.70 | 8.73 | 24.79 | 5.52 |
| P/B Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/FCF | — | — | 36.62 | — | — | — | — | — | — | — | — |
| P/OCF | — | — | 31.81 | — | — | — | — | — | — | — | — |
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 | — | 221.70 | 50.18 | 140.55 | 66.26 | 118.56 | 54.88 | 21.07 | 16.87 | 45.82 | 10.52 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | 3.02 | 97.79 | — | — | — | — | — | — | — |
| EV / FCF | — | — | 69.13 | — | — | — | — | — | — | — | — |
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 | -715.0% | -715.0% | -303.9% | -434.7% | -631.3% | -936.7% | -435.9% | -158.0% | -12.6% | -175.4% | -76.5% |
| Operating Margin | -3797.1% | -3797.1% | -1561.8% | -1286.1% | -1337.6% | -1622.9% | -619.9% | -336.7% | -185.2% | -669.4% | -225.3% |
| Net Profit Margin | -12180.6% | -12180.6% | 2037.0% | 665.1% | -1654.3% | -1080.8% | -726.7% | -339.7% | -157.9% | -621.5% | -134.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | — | — | — |
| ROA | -251.0% | -251.0% | 75.9% | 29.2% | -193.9% | -96.3% | -173.4% | -193.3% | -122.5% | -192.6% | -105.3% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
| ROCE | -14495.9% | -14495.9% | — | — | — | — | — | — | — | — | — |
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 | — | — | — | — | — | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | 32.52 | — | — | — | — | — | — | — | — |
| Interest Coverage | -2.72 | -2.72 | 1.96 | 0.23 | -11.96 | -0.49 | -2.05 | -1.89 | -1.90 | -3.04 | -2.79 |
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 | 0.37 | 0.37 | 0.26 | 0.15 | 0.10 | 0.06 | 0.13 | 0.02 | 0.11 | 0.06 | 0.10 |
| Quick Ratio | 0.37 | 0.37 | 0.26 | 0.15 | 0.10 | 0.06 | 0.13 | 0.02 | 0.11 | 0.04 | 0.08 |
| Cash Ratio | 0.30 | 0.30 | 0.21 | 0.13 | 0.03 | 0.04 | 0.11 | 0.00 | 0.07 | 0.03 | 0.06 |
| Asset Turnover | — | 0.02 | 0.04 | 0.04 | 0.10 | 0.10 | 0.17 | 0.58 | 0.60 | 0.42 | 0.92 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | 7.14 | 13.95 |
| Days Sales Outstanding | — | 69.47 | 135.69 | 21.07 | 2.06 | 106.53 | 28.69 | 44.96 | 87.96 | 67.94 | 36.93 |
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 | — | — | 9.3% | 5.8% | — | — | — | — | — | — | — |
| FCF Yield | — | — | 2.7% | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $39M | $28M | $20M | $17M | $13M | $11M | $9M | $9M | $8M | $8M |
Binary litigation outcome dependency
According to recent market data, OMEX trades at a price-to-sales multiple of 81.10, a figure that appears disconnected from the company's minimal revenue generation and suggests that investors are pricing the equity as a high-risk option on future legal settlements rather than as a functioning industrial enterprise.
The absence of meaningful P/E or EV/EBITDA multiples reflects the company's inability to generate consistent operating income, rendering traditional valuation metrics largely irrelevant. Investors should interpret this premium valuation as a reflection of the potential, albeit highly uncertain, net present value of contested mineral assets rather than current operational performance.
As reported in financial statements, the company's gross margin of -30.0% in 2026Q1 highlights a structural inability to cover the direct costs of exploration and vessel maintenance, indicating that the current business model is fundamentally incapable of achieving profitability without a radical shift in operational scale or revenue recognition.
The deeply negative margins suggest that the firm's core activities are currently value-destructive, with administrative and legal overheads further compounding the losses. This persistent lack of earning power warrants extreme caution, as it implies that the company is essentially consuming capital to maintain its legal standing in various maritime projects.
Based on reported figures, the company's asset turnover ratio remains effectively at 0.00, which underscores the lack of commercial activity and suggests that the firm's capital is trapped in non-productive assets that fail to generate any meaningful return on the investment made into subsea mapping and exploration technology.
The erratic nature of the company's days sales outstanding, which reached 234 days in 2026Q1, points to significant challenges in converting project-based milestones into actual cash inflows. This inefficiency suggests that the firm lacks the leverage required to dictate terms to its partners or customers, further exacerbating its liquidity constraints.
According to the latest quarterly filings, the current ratio of 0.21 indicates a severe liquidity shortfall, leaving the company with minimal capacity to meet its short-term obligations without relying on external financing or the potential, yet unproven, receipt of arbitration awards to sustain its ongoing operational burn.
The quick ratio, which mirrors the current ratio at 0.21, confirms that the company possesses virtually no liquid assets to buffer against operational shocks or unexpected legal expenses. This precarious position suggests that the firm is perpetually one failed financing round or adverse legal ruling away from a potential solvency crisis.
The most commonly misapplied metric for OMEX is the price-to-earnings ratio, which obscures the reality that the company functions more like a litigation-finance vehicle than an industrial services provider, rendering standard earnings-based valuation models entirely inappropriate for assessing the firm's true risk-adjusted potential or its underlying asset value.
Analysts should instead focus on the probability-weighted net present value of the company's contested mineral rights and the potential for litigation settlements. Relying on traditional industrial ratios ignores the binary nature of the firm's business model, where value is derived from legal precedents rather than recurring operational cash flows.
Includes 30+ ratios · 30 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying OMEX stock.
Odyssey Marine Exploration, Inc.'s current P/E ratio is -0.8x. The historical average is 14.0x.
Based on historical data, Odyssey Marine Exploration, Inc. is trading at a P/E of -0.8x. Compare with industry peers and growth rates for a complete picture.
Odyssey Marine Exploration, Inc. has -715.0% gross margin and -3797.1% operating margin.