Latest Ratios: P/E Ratio -2.6x · EV/EBITDA N/A · ROE -131.6%. (2022–2025 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 |
|---|---|---|---|---|---|
| Market Cap | $21M | $15M | — | — | — |
| Enterprise Value | $21M | $15M | — | — | — |
| P/E Ratio → | -2.56 | — | — | — | — |
| P/S Ratio | 1.25 | 0.88 | — | — | — |
| P/B Ratio | 2.18 | 1.68 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| EV / Revenue | — | 0.89 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| Gross Margin | 11.6% | 11.6% | 14.6% | 14.7% | 23.4% |
| Operating Margin | -44.6% | -44.6% | -4.0% | 4.3% | 11.4% |
| Net Profit Margin | -44.4% | -44.4% | 1.1% | 3.0% | 7.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | -131.6% | -131.6% | 7.1% | 25.9% | 92.6% |
| ROA | -91.9% | -91.9% | 3.5% | 11.1% | 35.4% |
| ROIC | -88.0% | -88.0% | -18.2% | 29.6% | 79.8% |
| ROCE | -117.2% | -117.2% | -19.7% | 23.2% | 74.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.67 | 0.30 | 0.67 |
| Debt / EBITDA | — | — | — | 0.56 | 0.48 |
| Net Debt / Equity | — | 0.03 | 0.45 | -0.31 | 0.26 |
| Net Debt / EBITDA | — | — | — | -0.58 | 0.19 |
| Debt / FCF | — | — | — | -0.66 | 0.58 |
| Interest Coverage | -20.30 | -20.30 | 1.47 | 90.69 | 123.19 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 3.23 | 3.23 | 1.26 | 1.77 | 1.75 |
| Quick Ratio | 3.23 | 3.23 | 1.26 | 1.77 | 1.75 |
| Cash Ratio | 0.74 | 0.74 | 0.31 | 0.91 | 0.51 |
| Asset Turnover | — | 1.51 | 3.22 | 3.64 | 4.50 |
| Inventory Turnover | — | — | — | — | — |
| Days Sales Outstanding | — | 87.05 | 29.38 | 23.70 | 30.88 |
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 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | 22.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $18M | $15M | $15M | $12M |
Liquidity and insolvency risk
As reported in financial statements, TOPP's operating margin has plummeted to -44.58%, reflecting a fundamental inability to scale revenue against fixed overhead costs while maintaining the specialized equipment required for its niche recycling export operations in the highly competitive Mid-Atlantic trucking and logistics market.
The company's gross margin of 11.65% appears insufficient to absorb the high maintenance and regulatory costs associated with hazardous waste transport. This suggests that the current business model lacks the pricing power necessary to offset the operational complexity of its cargo mix.
Based on recent quarterly filings, TOPP's ROIC has trended into deep negative territory, reaching -6.1% in 2026Q1, which indicates that the company is actively destroying shareholder value rather than compounding capital through its specialized drayage and logistics services in the recycling export supply chain.
The consistent decline in return metrics suggests that management has failed to optimize asset utilization or achieve the economies of scale required for a capital-intensive trucking operation. Investors should monitor whether the company can pivot toward higher-margin brokerage activities to reverse this multi-quarter trend of capital erosion.
According to historical data, TOPP's asset turnover has stagnated at 0.39x, a figure that highlights the company's struggle to generate sufficient revenue from its existing fleet and infrastructure compared to more efficient regional peers operating within the same port-centric logistics environment.
The volatility in DSO, which reached 120 days in 2026Q1, suggests significant friction in the collection cycle, potentially indicating that the company's recycling-center customers are exerting leverage over payment terms. This inefficiency further exacerbates the firm's liquidity constraints by tying up vital cash in accounts receivable.
As reported in financial statements, TOPP's cash and equivalents of $1.2 million are critically low relative to its annual operating losses, signaling a high probability of a liquidity event or the necessity for dilutive external financing to sustain operations in the near term.
While the current ratio of 3.19 might appear superficially healthy, the lack of positive operating cash flow renders this metric misleading regarding the company's actual ability to meet short-term obligations. The firm's reliance on external capital to cover its burn rate warrants extreme caution from prospective investors.
Based on recent SEC filings, the commonly cited debt-to-equity ratio of 0.17 is a misleading indicator of financial health for TOPP, as it obscures the company's severe lack of internal cash generation and its inability to cover interest expenses through core operational earnings.
Analysts should prioritize the interest coverage ratio and cash burn rate over leverage ratios, as the latter fails to capture the existential risk posed by the company's negative operating margins. Focusing on debt levels alone ignores the reality that the firm's primary risk is operational insolvency rather than debt service.
Includes 30+ ratios · 4 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 TOPP stock.
Toppoint Holdings Inc.'s current P/E ratio is -2.6x. This places it at the 50th percentile of its historical range.
Toppoint Holdings Inc.'s return on equity (ROE) is -131.6%. The historical average is -1.5%.
Based on historical data, Toppoint Holdings Inc. is trading at a P/E of -2.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Toppoint Holdings Inc. has 11.6% gross margin and -44.6% operating margin.