Ocean Power Technologies, Inc. (OPTT) Financial Ratios
21 years of historical data (2005–2025) · Industrials · Electrical Equipment & Parts
EV/EBITDA
N/A
—
5yr avg: N/A
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↑
1.71
↑+73% vs avg
5yr avg: 0.99
30Y Low0.2·High3.9
ROE
↓
-93.5%
↑-63% vs avg
5yr avg: -57.4%
30Y Low-211%·High-1%
Debt/EBITDA
N/A
—
5yr avg: N/A
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
OPTT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ocean Power Technologies, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $70M | $52M | $11M | $28M | $57M | $75M | $3M | $4M | $17M | $6M | $3M |
| Enterprise Value | $65M | $47M | $11M | $23M | $50M | $-5623717 | $-5377297 | $-13082899 | $5M | $-2272401 | $-3172685 |
| P/E Ratio → | -2.11 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 11.93 | 8.83 | 2.06 | 10.41 | 32.55 | 62.48 | 1.91 | 5.66 | 33.04 | 7.22 | 4.85 |
| P/B Ratio | 1.71 | 1.94 | 0.59 | 0.65 | 0.83 | 0.94 | 0.31 | 0.23 | 1.65 | 1.12 | 0.97 |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
OPTT EV Ratios
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 | — | 7.99 | 1.96 | 8.57 | 28.55 | -4.66 | -3.20 | -20.70 | 10.58 | -2.70 | -4.50 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
OPTT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ocean Power Technologies, Inc. earns an operating margin of -370.0%, below the Industrials sector average of 4.9%. Operating margins have expanded from -1069.4% to -370.0% over the past 3 years, signaling improving operational efficiency. A negative ROE of -93.5% indicates the company is currently destroying shareholder equity.
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 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.3% | 28.3% | 51.1% | 8.6% | -5.7% | -89.0% | -6.2% | -106.2% | -49.3% | -11.3% | 5.2% |
| Operating Margin | -370.0% | -370.0% | -530.9% | -1069.4% | -1228.7% | -1127.0% | -675.7% | -2099.8% | -2262.2% | -1386.4% | -2108.1% |
| Net Profit Margin | -367.0% | -367.0% | -497.4% | -963.6% | -1073.0% | -1313.8% | -615.5% | -1937.7% | -1987.7% | -1125.3% | -1862.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -93.5% | -93.5% | -86.8% | -46.7% | -25.3% | -34.8% | -78.8% | -94.2% | -129.5% | -211.4% | -139.7% |
| ROA | -72.3% | -72.3% | -67.0% | -41.5% | -23.6% | -31.7% | -64.9% | -75.4% | -84.0% | -92.9% | -89.9% |
| ROIC | -80.3% | -80.3% | -76.3% | -43.5% | -52.9% | -1461.5% | -1682.9% | — | — | — | — |
| ROCE | -88.8% | -88.8% | -87.8% | -50.4% | -28.4% | -29.1% | -82.5% | -100.9% | -145.9% | -242.1% | -147.9% |
OPTT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $7M exceeds total debt of $2M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.07 | 0.07 | 0.13 | 0.04 | 0.01 | 0.03 | 0.13 | — | 0.00 | 0.01 | 0.04 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.18 | -0.03 | -0.11 | -0.10 | -1.01 | -0.82 | -1.06 | -1.12 | -1.54 | -1.87 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Net cash position: cash ($7M) exceeds total debt ($2M)
OPTT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Ocean Power Technologies, Inc.'s current ratio of 4.14x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.86x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 4.76x to 4.14x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.14 | 4.14 | 1.43 | 4.76 | 19.91 | 17.99 | 6.13 | 7.21 | 3.54 | 2.12 | 1.58 |
| Quick Ratio | 2.86 | 2.86 | 0.78 | 4.63 | 19.77 | 17.91 | 6.13 | 7.07 | 3.39 | 2.04 | 1.53 |
| Cash Ratio | 2.04 | 2.04 | 0.43 | 4.39 | 19.23 | 17.69 | 5.26 | 6.82 | 3.08 | 1.83 | 1.10 |
| Asset Turnover | — | 0.19 | 0.19 | 0.05 | 0.02 | 0.01 | 0.12 | 0.03 | 0.04 | 0.08 | 0.07 |
| Inventory Turnover | 1.00 | 1.00 | 0.56 | 2.39 | 4.21 | 5.93 | — | 3.79 | 1.33 | 2.81 | 2.23 |
| Days Sales Outstanding | — | 141.93 | 53.78 | 119.84 | 180.11 | 163.43 | 77.69 | 45.05 | 422.86 | 148.94 | 1314.06 |
OPTT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ocean Power Technologies, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
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 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| 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 | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 2.1% | 0.2% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 2.1% | 0.2% |
| Shares Outstanding | — | $127M | $59M | $56M | $54M | $30M | $7M | $1M | $767330 | $212958 | $90508 |
Peer Comparison
Compare OPTT 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 |
|---|---|---|---|---|---|---|---|---|---|
 OPTTYou | $70M | -2.1 | — | — | 28.3% | -370.0% | -93.5% | -80.3% | — |
 WAVE | $47M | -22.0 | — | 42.7 | 75.0% | -1391.7% | -25.8% | -53.8% | — |
 NRGV | $728M | -6.5 | — | — | 23.6% | -36.5% | -96.4% | -49.5% | — |
 HYAC | $318M | 28.3 | — | — | 70.5% | -0.5% | 4.8% | -0.3% | — |
 AMRC | $2B | 38.0 | 15.4 | — | 15.7% | 6.5% | 4.1% | 3.3% | 8.5 |
 GPRE | $1B | -9.4 | 103.0 | 16.1 | 1.8% | -4.0% | -14.7% | -5.3% | 35.8 |
 BWEN | $46M | 8.6 | 10.9 | — | 10.2% | 0.3% | 8.3% | 0.4% | 4.2 |
 PESI | $218M | -15.7 | — | — | 9.6% | -19.0% | -24.5% | -21.7% | — |
 CLNE | $491M | -2.2 | — | — | — | — | -34.6% | — | — |
 PLUG | $5B | — | — | — | 99.8% | 38.1% | -175.6% | 10.9% | — |
 BE | $69B | -771.5 | 560.7 | 1200.0 | 29.0% | 3.6% | -12.8% | 4.1% | 24.3 |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
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Start ComparisonOPTT — Frequently Asked Questions
Quick answers to the most common questions about buying OPTT stock.
What is Ocean Power Technologies, Inc.'s P/E ratio?
Ocean Power Technologies, Inc.'s current P/E ratio is -2.1x. This places it at the 50th percentile of its historical range.
What is Ocean Power Technologies, Inc.'s ROE?
Ocean Power Technologies, Inc.'s return on equity (ROE) is -93.5%. The historical average is -60.8%.
Is OPTT stock overvalued?
Based on historical data, Ocean Power Technologies, Inc. is trading at a P/E of -2.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Ocean Power Technologies, Inc.'s profit margins?
Ocean Power Technologies, Inc. has 28.3% gross margin and -370.0% operating margin.