Latest Ratios: P/E Ratio -0.0x · EV/EBITDA 6.0x · ROE N/A. (2005–2025 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 | $21M | $29M | $273M | $278M | $260M | $857M | $834M | — | — | — | — |
| Enterprise Value | $4.5B | $4.5B | $4.9B | $5.1B | $5.9B | $7.6B | $7.0B | — | — | — | — |
| P/E Ratio → | -0.01 | — | — | — | — | 2.52 | 0.69 | — | — | — | — |
| P/S Ratio | 0.00 | 0.00 | 0.03 | 0.03 | 0.02 | 0.06 | 0.06 | — | — | — | — |
| P/B Ratio | — | — | — | 0.57 | 0.50 | 0.29 | 0.22 | — | — | — | — |
| P/FCF | 0.83 | 1.17 | 0.95 | 0.48 | — | 1.08 | 0.39 | — | — | — | — |
| P/OCF | 0.08 | 0.11 | 0.52 | 0.30 | 1.34 | 0.70 | 0.34 | — | — | — | — |
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 | — | 0.49 | 0.49 | 0.47 | 0.48 | 0.54 | 0.49 | — | — | — | — |
| EV / EBITDA | 5.95 | 5.96 | 4.61 | 5.01 | 6.44 | 3.77 | 3.26 | — | — | — | — |
| EV / EBIT | 12.59 | — | — | 9.89 | — | 6.84 | 4.77 | — | — | — | — |
| EV / FCF | — | 180.09 | 17.07 | 8.88 | — | 9.52 | 3.25 | — | — | — | — |
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 | 34.3% | 34.3% | 35.0% | 33.8% | 30.5% | 34.3% | 34.5% | 33.9% | 34.5% | 34.7% | 35.1% |
| Operating Margin | 3.9% | 3.9% | 6.9% | 5.6% | 3.5% | 10.5% | 11.1% | 1.4% | 9.4% | 10.0% | 9.1% |
| Net Profit Margin | -26.4% | -26.4% | -12.9% | -1.3% | -21.4% | 2.4% | 8.4% | -3.4% | 6.5% | 23.5% | 11.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -28.6% | -147.8% | 10.1% | 27.5% | -8.5% | 11.6% | 32.5% | 24.1% |
| ROA | -28.9% | -28.9% | -12.5% | -1.2% | -18.0% | 2.0% | 7.0% | -2.6% | 4.4% | 12.7% | 8.4% |
| ROIC | 10.2% | 10.2% | 11.3% | 8.0% | 4.1% | 11.3% | 10.9% | 1.1% | 6.6% | 5.4% | 6.5% |
| ROCE | 9.5% | 9.5% | 9.0% | 6.7% | 4.0% | 12.1% | 12.3% | 1.4% | 7.7% | 6.3% | 7.6% |
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 | — | — | — | 12.18 | 13.09 | 2.44 | 1.86 | 1.49 | 1.28 | 0.85 | 1.29 |
| Debt / EBITDA | 8.54 | 8.54 | 5.20 | 5.83 | 7.56 | 3.63 | 3.25 | 9.38 | 3.76 | 4.84 | 3.46 |
| Net Debt / Equity | — | — | — | 9.89 | 10.66 | 2.25 | 1.64 | 1.36 | 1.17 | 0.76 | 1.22 |
| Net Debt / EBITDA | 5.92 | 5.92 | 4.35 | 4.73 | 6.16 | 3.34 | 2.87 | 8.53 | 3.43 | 4.32 | 3.28 |
| Debt / FCF | — | 178.92 | 16.13 | 8.39 | — | 8.44 | 2.86 | 8.17 | 7.83 | 6.19 | 4.99 |
| Interest Coverage | -4.21 | -4.21 | -1.76 | 1.15 | -4.06 | 2.36 | 3.58 | -0.66 | 3.32 | 3.96 | 4.01 |
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 | 0.63 | 0.63 | 1.21 | 1.41 | 1.38 | 1.05 | 0.97 | 1.14 | 1.06 | 1.21 | 1.50 |
| Quick Ratio | 0.49 | 0.49 | 0.82 | 1.01 | 0.95 | 0.67 | 0.69 | 0.79 | 0.69 | 0.80 | 0.95 |
| Cash Ratio | 0.30 | 0.30 | 0.33 | 0.43 | 0.41 | 0.14 | 0.17 | 0.17 | 0.17 | 0.26 | 0.19 |
| Asset Turnover | — | 1.21 | 1.09 | 0.96 | 0.96 | 0.87 | 0.83 | 0.78 | 0.79 | 0.43 | 0.74 |
| Inventory Turnover | 6.24 | 6.24 | 6.15 | 6.93 | 6.25 | 5.69 | 7.14 | 6.30 | 6.25 | 4.81 | 7.14 |
| Days Sales Outstanding | — | 41.13 | 41.57 | 43.74 | 43.54 | 52.06 | 51.11 | 55.76 | 47.60 | 60.55 | 43.54 |
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 | 4.8% | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | 147.9% | 104.6% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 39.7% | 144.4% | — | — | — | — |
| FCF Yield | 100.0% | 85.3% | 105.8% | 206.9% | — | 92.7% | 257.0% | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 4.8% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $9M | $9M | $12M |
Secular linear television decline
According to current market data, QVCGP trades at a P/FCF of 0.83, a multiple that suggests investors are heavily discounting the company's long-term viability rather than pricing it as a traditional retail entity with stable, recurring cash flow expectations.
The extremely low P/FCF multiple indicates that the market views the company's cash generation as highly transitory and potentially unsustainable. This valuation gap relative to broader retail peers implies that the market is pricing in a 'melting ice cube' scenario where terminal value is negligible.
Based on reported figures, ROIC has remained in the low single digits, fluctuating between 1.4% and 5.1% over the last ten quarters, which suggests that the company is struggling to generate returns that exceed its cost of capital in a declining revenue environment.
The inability to consistently drive ROIC above mid-single digits highlights the structural difficulty of maintaining a high-fixed-cost broadcasting model while the core customer base shrinks. Investors should monitor whether management can improve capital efficiency through further divestitures or if the current asset base remains fundamentally over-capitalized.
As reported in financial statements, the cash conversion cycle has shown significant variability, reaching 68 days in 2025Q3, which indicates that the company's ability to manage inventory and supplier payables is becoming increasingly sensitive to shifts in consumer demand and fulfillment logistics.
The fluctuation in DIO and DSO suggests that QVCGP is struggling to balance inventory levels with the unpredictable nature of impulse-driven retail. This volatility in working capital management may indicate that the company is forced to hold excess inventory to maintain its 'discovery' model, further pressuring liquidity.
According to recent SEC filings, the D/EBITDA ratio has spiked to 33.22 in 2025Q4, a level that warrants further investigation as it suggests the company's ability to service its debt is becoming increasingly precarious in the current high-interest-rate environment.
The extreme leverage ratio, combined with negative shareholder equity, implies that the company has very little room for operational error. The interest coverage ratio, which has dipped below 1.0 in recent periods, suggests that the firm may be nearing a point where debt service requirements could necessitate further capital restructuring.
As indicated by the TTM P/E of -0.01, the price-to-earnings ratio is a fundamentally flawed metric for QVCGP, as it fails to account for the massive non-cash impairment charges that obscure the company's underlying operational cash flow and true earning power.
Investors should instead focus on EV/EBITDA or free cash flow yield to better understand the company's ability to generate cash from its core retail operations. Relying on P/E in this context risks misinterpreting accounting-driven losses as a total lack of operational viability, which may lead to incorrect conclusions regarding the firm's survival.
Includes 30+ ratios · 21 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying QVCGP stock.
QVC Group Inc.'s current P/E ratio is -0.0x. The historical average is 1.6x.
QVC Group Inc.'s current EV/EBITDA is 6.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.8x.
Based on historical data, QVC Group Inc. is trading at a P/E of -0.0x. Compare with industry peers and growth rates for a complete picture.
QVC Group Inc.'s current dividend yield is 4.83%.
QVC Group Inc. has 34.3% gross margin and 3.9% operating margin.
QVC Group Inc.'s Debt/EBITDA ratio is 8.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.