Qnity Electronics, Inc. (Q) Financial Ratios
2 years of historical data (2023–2024) · Technology · Semiconductors
EV/EBITDA
25.24
—
5yr avg: N/A
P/FCF
36.35
—
5yr avg: N/A
P/B Ratio
2.87
—
5yr avg: N/A
ROE
↑
6.3%
↓+16% vs avg
5yr avg: 5.4%
30Y Low5%·High6%
Debt/EBITDA
↓
0.15
↓-15% vs avg
5yr avg: 0.18
30Y Low0.2·High0.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Q Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Qnity Electronics, Inc. trades at 45.2x earnings, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 27.5x, the stock trades at a premium of 64%. On a free-cash-flow basis, the stock trades at 36.3x P/FCF.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Market Cap | $31.3B | — | — |
| Enterprise Value | $31.3B | — | — |
| P/E Ratio → | 45.15 | — | — |
| P/S Ratio | 7.22 | — | — |
| P/B Ratio | 2.87 | — | — |
| P/FCF | 36.35 | — | — |
| P/OCF | 29.50 | — | — |
P/E links to full P/E history page with 30-year chart
Q EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Qnity Electronics, Inc.'s enterprise value stands at 25.2x EBITDA. The Technology sector median is 17.4x, placing the stock at a 45% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| EV / Revenue | — | — | — |
| EV / EBITDA | 25.24 | — | — |
| EV / EBIT | 36.98 | — | — |
| EV / FCF | — | — | — |
Q Profitability
Margins and return-on-capital ratios measuring operating efficiency
Qnity Electronics, Inc. earns an operating margin of 19.5%. Operating margins have expanded from 16.3% to 19.5% over the past 3 years, signaling improving operational efficiency. ROE of 6.3% is modest. ROIC of 5.7% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Gross Margin | 46.1% | 46.1% | 43.5% |
| Operating Margin | 19.5% | 19.5% | 16.3% |
| Net Profit Margin | 16.0% | 16.0% | 12.6% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| ROE | 6.3% | 6.3% | 4.5% |
| ROA | 5.6% | 5.6% | 4.1% |
| ROIC | 5.7% | 5.7% | 4.4% |
| ROCE | 7.3% | 7.3% | 5.5% |
Q Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Qnity Electronics, Inc. carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 2.9x). Net debt stands at $25M ($191M total debt minus $166M cash). Interest coverage of 3.0x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.02 |
| Debt / EBITDA | 0.15 | 0.15 | 0.21 |
| Net Debt / Equity | — | 0.00 | 0.01 |
| Net Debt / EBITDA | 0.02 | 0.02 | 0.08 |
| Debt / FCF | — | 0.03 | 0.13 |
| Interest Coverage | 3.02 | 3.02 | — |
Q Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.77x means Qnity Electronics, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.06x 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 2.01x to 1.77x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Current Ratio | 1.77 | 1.77 | 2.01 |
| Quick Ratio | 1.06 | 1.06 | 1.23 |
| Cash Ratio | 0.20 | 0.20 | 0.21 |
| Asset Turnover | — | 0.35 | 0.32 |
| Inventory Turnover | 3.91 | 3.91 | 4.27 |
| Days Sales Outstanding | — | 57.42 | 59.43 |
Q Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Qnity Electronics, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 2.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Earnings Yield | 2.2% | — | — |
| FCF Yield | 2.8% | — | — |
| Buyback Yield | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | — | — |
| Shares Outstanding | — | $209M | $209M |
Peer Comparison
Compare Q 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 |
|---|---|---|---|---|---|---|---|---|---|
 QYou | $31B | 45.2 | 25.2 | 36.3 | 46.1% | 19.5% | 6.3% | 5.7% | 0.2 |
 AVT | $7B | 30.4 | 12.8 | 11.9 | 10.7% | 2.8% | 4.8% | 6.0% | 3.8 |
 ARW | $10B | 17.6 | 11.7 | — | 11.2% | 3.0% | 9.1% | 7.6% | 2.9 |
 SNX | $19B | 23.5 | 11.5 | 13.6 | 7.0% | 2.3% | 10.0% | 9.9% | 2.5 |
 BHE | $3B | 127.4 | 21.0 | 36.4 | 10.0% | 4.0% | 2.2% | 6.7% | 2.7 |
 PLXS | $7B | 42.3 | 24.9 | 46.1 | 10.1% | 5.0% | 12.4% | 11.8% | 0.6 |
 JBL | $40B | 62.9 | 22.3 | 34.1 | 8.9% | 4.0% | 40.4% | 30.9% | 1.8 |
 CLS | $48B | 56.8 | 37.8 | 102.0 | 11.7% | 8.6% | 41.2% | 34.0% | 0.7 |
 FLEX | $50B | 63.9 | 30.1 | 46.4 | 8.4% | 4.5% | 16.2% | 13.0% | 2.4 |
 SCI | $11B | 20.6 | 12.0 | 19.6 | 26.5% | 22.6% | 32.7% | 11.3% | 3.9 |
 SANM | $13B | 53.5 | 26.3 | 27.5 | 8.8% | 4.4% | 10.0% | 13.0% | 0.8 |
| Technology Median | — | 27.5 | 17.4 | 19.8 | 48.6% | -0.5% | 2.4% | 2.9% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 2 years · Updated daily
Full Q Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See Q's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs Q Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare Q vs AVT
Side-by-side business, growth, and profitability comparison vs Avnet, Inc..
Start ComparisonQ — Frequently Asked Questions
Quick answers to the most common questions about buying Q stock.
What is Qnity Electronics, Inc.'s P/E ratio?
Qnity Electronics, Inc.'s current P/E ratio is 45.2x. This places it at the 50th percentile of its historical range.
What is Qnity Electronics, Inc.'s EV/EBITDA?
Qnity Electronics, Inc.'s current EV/EBITDA is 25.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
What is Qnity Electronics, Inc.'s ROE?
Qnity Electronics, Inc.'s return on equity (ROE) is 6.3%. The historical average is 5.4%.
Is Q stock overvalued?
Based on historical data, Qnity Electronics, Inc. is trading at a P/E of 45.2x. 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 Qnity Electronics, Inc.'s profit margins?
Qnity Electronics, Inc. has 46.1% gross margin and 19.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Qnity Electronics, Inc. have?
Qnity Electronics, Inc.'s Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.