Talkspace, Inc. (TALK) Financial Ratios
7 years of historical data (2019–2025) · Healthcare · Medical - Care Facilities
EV/EBITDA
138.61
↑+41% vs avg
5yr avg: 98.45
30Y Low98.5·High98.5
P/FCF
N/A
—
5yr avg: 87.11
30Y Low87.1·High87.1
P/B Ratio
↑
7.74
↑+143% vs avg
5yr avg: 3.18
30Y Low0.8·High5.4
ROE
↑
6.6%
↓+117% vs avg
5yr avg: -38.4%
30Y Low-134%·High7%
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.
TALK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Talkspace, Inc. trades at 130.3x earnings, 54% below its 5-year average of 283.1x, sitting at the 100th percentile of its historical range. Compared to the Healthcare sector median P/E of 22.1x, the stock trades at a premium of 489%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $873M | $631M | $545M | $419M | $96M | $304M | $1.8B | — |
| Enterprise Value | $835M | $593M | $469M | $295M | $-42297928 | $105M | $1.9B | — |
| P/E Ratio → | 130.25 | 90.75 | 475.38 | — | — | — | — | — |
| P/S Ratio | 3.81 | 2.76 | 2.91 | 2.79 | 0.80 | 2.67 | 23.44 | — |
| P/B Ratio | 7.74 | 5.39 | 4.65 | 3.53 | 0.75 | 1.58 | — | — |
| P/FCF | — | — | 87.11 | — | — | — | — | — |
| P/OCF | 102.27 | 73.91 | 46.60 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
TALK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Talkspace, Inc.'s enterprise value stands at 138.6x EBITDA, 41% above its 5-year average of 98.5x. The Healthcare sector median is 14.2x, placing the stock at a 875% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.59 | 2.50 | 1.97 | -0.35 | 0.93 | 24.72 | — |
| EV / EBITDA | 138.61 | 98.45 | — | — | — | — | — | — |
| EV / EBIT | 265.03 | 70.92 | 377.36 | — | — | — | — | — |
| EV / FCF | — | — | 74.86 | — | — | — | — | — |
TALK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Talkspace, Inc. earns an operating margin of 1.4%. Operating margins have expanded from -15.5% to 1.4% over the past 3 years, signaling improving operational efficiency. ROE of 6.6% is modest. ROIC of 3.9% represents below-average returns on invested capital.
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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 43.0% | 43.0% | 45.8% | 49.6% | 50.5% | 58.7% | 65.4% | 52.7% |
| Operating Margin | 1.4% | 1.4% | -2.4% | -15.5% | -64.4% | -82.6% | -28.9% | -77.1% |
| Net Profit Margin | 3.4% | 3.4% | 0.6% | -12.8% | -66.6% | -55.2% | -29.4% | -76.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | 6.6% | 6.6% | 1.0% | -15.6% | -49.8% | -134.4% | — | — |
| ROA | 5.7% | 5.7% | 0.8% | -12.9% | -41.9% | -48.9% | -59.8% | -69.4% |
| ROIC | 3.9% | 3.9% | -19.0% | — | — | — | — | — |
| ROCE | 2.7% | 2.7% | -3.7% | -18.6% | -47.3% | -90.0% | -99.8% | -92.9% |
TALK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $37M exceeds total debt of $0, 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 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 0.00 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.32 | -0.65 | -1.04 | -1.08 | -1.03 | — | — |
| Net Debt / EBITDA | -6.20 | -6.20 | — | — | — | — | — | — |
| Debt / FCF | — | — | -12.25 | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | -60.39 | — |
Net cash position: cash ($37M) exceeds total debt ($0)
TALK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Talkspace, Inc.'s current ratio of 6.38x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 6.46x to 6.38x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.38 | 6.38 | 6.84 | 6.46 | 5.58 | 7.85 | 1.01 | 4.04 |
| Quick Ratio | 6.38 | 6.38 | 6.84 | 6.46 | 5.58 | 7.85 | 1.01 | 4.04 |
| Cash Ratio | 5.32 | 5.32 | 6.19 | 5.72 | 5.07 | 7.29 | 0.65 | 3.87 |
| Asset Turnover | — | 1.70 | 1.35 | 1.06 | 0.77 | 0.51 | 2.32 | 0.91 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 25.61 | 18.76 | 24.75 | 29.43 | 17.70 | 28.33 | 8.58 |
TALK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Talkspace, Inc. returns 2.0% to shareholders annually primarily through share buybacks. The earnings yield of 0.8% (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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.8% | 1.1% | 0.2% | — | — | — | — | — |
| FCF Yield | — | — | 1.1% | — | — | — | — | — |
| Buyback Yield | 2.0% | 2.7% | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 2.0% | 2.7% | 2.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $174M | $176M | $165M | $157M | $154M | $165M | $134M |
Peer Comparison
Compare TALK 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 |
|---|---|---|---|---|---|---|---|---|---|
 TALKYou | $873M | 130.3 | 138.6 | — | 43.0% | 1.4% | 6.6% | 3.9% | — |
 OPRX | $93M | 18.4 | 5.9 | 5.0 | 63.3% | 11.0% | 4.2% | 6.8% | 1.6 |
 ACMR | $7B | 80.2 | 54.2 | — | 44.4% | 12.1% | 6.2% | 7.0% | 2.4 |
 MNMD | $2B | -10.0 | — | — | — | — | -64.1% | -389.5% | — |
 CLOV | $3B | -29.4 | — | — | 18.5% | -4.4% | -26.3% | -34.0% | — |
 DOCS | $4B | 20.9 | 16.8 | — | 89.1% | 33.3% | 19.3% | 19.8% | 0.0 |
 TDOC | $1B | -7.1 | 17.1 | 5.1 | 69.5% | -10.4% | -13.9% | -11.5% | 10.4 |
 AMWL | $141M | -1.4 | — | — | 53.3% | -42.2% | -33.9% | -95.1% | — |
 HIMS | $8B | 69.5 | 55.1 | 105.3 | 73.8% | 4.5% | 25.2% | 8.6% | 7.9 |
 GDRX | $922M | 31.2 | 4.2 | 5.6 | 92.8% | 11.0% | 4.5% | 10.6% | 0.3 |
 UNH | $364B | 30.3 | 17.9 | 22.6 | 18.5% | 4.2% | 11.8% | 9.2% | 3.4 |
| Healthcare Median | — | 22.1 | 14.2 | 18.5 | 63.9% | -4.3% | -32.6% | -11.6% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 7 years · Updated daily
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TALK — Frequently Asked Questions
Quick answers to the most common questions about buying TALK stock.
What is Talkspace, Inc.'s P/E ratio?
Talkspace, Inc.'s current P/E ratio is 130.3x. The historical average is 90.8x. This places it at the 100th percentile of its historical range.
What is Talkspace, Inc.'s EV/EBITDA?
Talkspace, Inc.'s current EV/EBITDA is 138.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 98.5x.
What is Talkspace, Inc.'s ROE?
Talkspace, Inc.'s return on equity (ROE) is 6.6%. The historical average is -38.4%.
Is TALK stock overvalued?
Based on historical data, Talkspace, Inc. is trading at a P/E of 130.3x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Talkspace, Inc.'s profit margins?
Talkspace, Inc. has 43.0% gross margin and 1.4% operating margin.