Sound Point Meridian Capital Inc (SPMC) Financial Ratios
2 years of historical data (2023–2024) · Financial Services · Asset Management
EV/EBITDA
3.46
↓-45% vs avg
5yr avg: 6.29
30Y Low6.3·High6.3
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
749.55
↑+54321% vs avg
5yr avg: 1.38
30Y Low1.4·High1.4
ROE
↓
21619.8%
↓+100% vs avg
5yr avg: 10831.5%
30Y Low43%·High43%
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.
SPMC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Sound Point Meridian Capital Inc trades at 0.0x earnings, 100% below its 5-year average of 22.9x, sitting at the 0th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a discount of 100%.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Market Cap | $220M | $405M | — |
| Enterprise Value | $220M | $400M | — |
| P/E Ratio → | 0.00 | 22.92 | — |
| P/S Ratio | 3.41 | 6.28 | — |
| P/B Ratio | 749.55 | 1.38 | — |
| P/FCF | — | — | — |
| P/OCF | — | — | — |
P/E links to full P/E history page with 30-year chart
SPMC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Sound Point Meridian Capital Inc's enterprise value stands at 3.5x EBITDA, 45% below its 5-year average of 6.3x. The Financial Services sector median is 11.4x, placing the stock at a 70% discount on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| EV / Revenue | — | 6.20 | — |
| EV / EBITDA | 3.46 | 6.29 | — |
| EV / EBIT | 3.46 | 6.29 | — |
| EV / FCF | — | — | — |
SPMC Profitability
Margins and return-on-capital ratios measuring operating efficiency
Sound Point Meridian Capital Inc earns an operating margin of 98.6%, significantly above the Financial Services sector average of 21.2%. Return on equity of 21619.8% is exceptionally high, though this is partly amplified by negative book value driven by aggressive share buybacks — well above the sector median of 9.4%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Gross Margin | 99.8% | 99.8% | 99.8% |
| Operating Margin | 98.6% | 98.6% | 98.6% |
| Net Profit Margin | 98.6% | 98.6% | 98.6% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| ROE | 21619.8% | 43.2% | 21619.8% |
| ROA | 20974.8% | 41.9% | 20974.8% |
| ROIC | — | 32.4% | — |
| ROCE | 21619.8% | 41.9% | 21619.8% |
SPMC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $4992 exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 553.9x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Debt / Equity | — | — | — |
| Debt / EBITDA | — | — | — |
| Net Debt / Equity | — | -0.02 | -0.02 |
| Net Debt / EBITDA | -0.00 | -0.08 | -0.00 |
| Debt / FCF | — | — | — |
| Interest Coverage | 553.95 | 553.95 | 553.95 |
Net cash position: cash ($4992) exceeds total debt ($0)
SPMC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.56x is below 1.0, meaning current liabilities exceed current assets.
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Current Ratio | 0.56 | — | 0.56 |
| Quick Ratio | 0.56 | — | 0.56 |
| Cash Ratio | 0.55 | — | 0.55 |
| Asset Turnover | — | 0.21 | 212.74 |
| Inventory Turnover | — | — | — |
| Days Sales Outstanding | — | — | — |
SPMC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Sound Point Meridian Capital Inc returns 0.0% to shareholders annually primarily through share buybacks. The earnings yield of 100.0% (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 | 0.0% | — | — |
| Payout Ratio | 0.0% | — | 0.0% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Earnings Yield | 100.0% | 4.4% | — |
| FCF Yield | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | — |
| Shares Outstanding | — | $20M | $20M |
Peer Comparison
Compare SPMC 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 |
|---|---|---|---|---|---|---|---|---|---|
 SPMCYou | $220M | 0.0 | 3.5 | — | 99.8% | 98.6% | 21619.8% | — | — |
 ECC | $552M | 4.9 | 9.1 | 5.3 | 84.2% | 73.7% | 9.6% | 6.1% | 3.2 |
 OFS | $52M | -1.6 | — | 1.2 | 239.8% | 280.2% | -22.4% | -6.5% | — |
 OXLC | $974M | 93.8 | 24.1 | — | 59.8% | 50.6% | 3.1% | 1.9% | 10.0 |
 EIC | $246M | 3.7 | 20.9 | — | 94.1% | 107.6% | 17.5% | 15.0% | 0.2 |
 ARCC | $14B | 10.3 | 13.2 | 12.0 | 75.7% | 69.7% | 9.4% | 5.7% | 7.3 |
 GBDC | $3B | 9.4 | 12.1 | — | 81.5% | 78.9% | 9.4% | 5.9% | 7.1 |
 CGBD | $866M | 7.5 | 19.7 | 8.3 | 59.2% | 54.7% | 9.8% | 3.7% | 10.6 |
 SLRC | $761M | 8.2 | 11.6 | — | 73.3% | 72.9% | 9.3% | 5.8% | 7.0 |
 TPVG | $226M | 4.6 | 8.9 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 PFLT | $914M | 12.8 | 38.0 | 9.6 | 45.6% | 39.4% | 6.8% | 2.1% | 26.3 |
| Financial Services Median | — | 13.4 | 11.4 | 10.6 | 63.4% | 21.2% | 9.4% | 5.7% | 4.1 |
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Start ComparisonSPMC — Frequently Asked Questions
Quick answers to the most common questions about buying SPMC stock.
What is Sound Point Meridian Capital Inc's P/E ratio?
Sound Point Meridian Capital Inc's current P/E ratio is 0.0x. The historical average is 22.9x.
What is Sound Point Meridian Capital Inc's EV/EBITDA?
Sound Point Meridian Capital Inc's current EV/EBITDA is 3.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.3x.
What is Sound Point Meridian Capital Inc's ROE?
Sound Point Meridian Capital Inc's return on equity (ROE) is 21619.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 43.2%.
Is SPMC stock overvalued?
Based on historical data, Sound Point Meridian Capital Inc is trading at a P/E of 0.0x. Compare with industry peers and growth rates for a complete picture.
What are Sound Point Meridian Capital Inc's profit margins?
Sound Point Meridian Capital Inc has 99.8% gross margin and 98.6% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.