Latest Ratios: P/E Ratio -1.3x · EV/EBITDA N/A · ROE N/A. (2020–2025 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 |
|---|---|---|---|---|---|---|---|
| Market Cap | $73M | $34M | — | — | — | — | — |
| Enterprise Value | $441M | $402M | — | — | — | — | — |
| P/E Ratio → | -1.27 | — | — | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — |
| P/B Ratio | — | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — | — |
| Operating Margin | — | — | — | — | — | — | — |
| Net Profit Margin | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -279.3% | -485.2% | — | — |
| ROA | -2.0% | -2.0% | 4209.6% | -151.4% | -256.5% | -758.7% | -348.8% |
| ROIC | -8.1% | -8.1% | -93.0% | -282.4% | — | — | — |
| ROCE | -12.1% | -12.1% | — | -212.0% | -242.7% | -174.8% | -678.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.13 | 0.85 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | -0.53 | 0.21 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.74 | 0.74 | 0.09 | 1.71 | 1.14 | 6.19 | 1.95 |
| Quick Ratio | 0.42 | 0.42 | 0.08 | 1.71 | 1.14 | 6.19 | 1.95 |
| Cash Ratio | 0.20 | 0.20 | 0.05 | 1.63 | 1.05 | 5.93 | 1.12 |
| Asset Turnover | — | — | — | — | — | — | — |
| Inventory Turnover | 0.00 | 0.00 | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $8M | $17M | $27M | $27M | $27M | $27M |
Pre-production capital exhaustion
According to reported financial data, the company's ROIC plummeted to -71.8% in 2025Q3, reflecting a severe inability to generate productive returns on invested capital while the business remains trapped in a pre-revenue, high-burn development phase that continues to erode the underlying shareholder equity base.
The persistent negative ROIC figures suggest that the company is currently destroying value with every dollar of capital deployed. Without a transition to commercial production, these returns are unlikely to improve, as the current cost structure is dominated by R&D rather than revenue-generating assets.
Based on 2026Q1 filings, the company maintains a current ratio of 2.25, yet this metric appears misleadingly robust given the lack of revenue and the historical quarterly cash burn rates that suggest a rapid depletion of available liquidity before reaching mass-market production milestones.
While the current ratio suggests a short-term ability to cover liabilities, the lack of operational cash flow makes this liquidity position highly precarious. Investors should monitor the cash runway closely, as the current asset base lacks the scale required to sustain operations without further dilutive financing.
As indicated by the reported financial statements, the company's DPO of 298 days in 2026Q1 suggests an extreme reliance on supplier credit, which may indicate limited bargaining power or a strategic attempt to preserve cash in the absence of any meaningful incoming revenue streams.
The high DPO is a common characteristic of pre-revenue startups attempting to stretch their cash runway. However, this reliance on extended payment terms may become a significant operational risk if suppliers demand more favorable terms as the company attempts to scale its manufacturing efforts.
The market's tendency to apply traditional P/E or EV/EBITDA multiples to this business model is fundamentally flawed, as these metrics obscure the company's status as a pre-revenue R&D venture where the primary value lies in intellectual property rather than current earnings or operational cash flow.
Investors should instead focus on the 'Burn Rate vs. Time-to-SOP' metric, which provides a more accurate assessment of the company's survival probability. Using standard valuation ratios in this context risks misinterpreting the company's developmental stage and the significant execution risks inherent in its current business model.
Includes 30+ ratios · 6 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 SEV stock.
Aptera Motors Corp.'s current P/E ratio is -1.3x. This places it at the 50th percentile of its historical range.
Based on historical data, Aptera Motors Corp. is trading at a P/E of -1.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.