Latest Ratios: P/E Ratio 23.4x · EV/EBITDA 16.1x · ROE 14.5%. (2013–2025 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 | $149M | $376M | $289M | $189M | $85M | $109M | $84M | $109M | $160M | $246M | $172M |
| Enterprise Value | $121M | $348M | $265M | $166M | $67M | $91M | $71M | $96M | $150M | $237M | $164M |
| P/E Ratio → | 23.37 | 56.14 | 52.72 | 37.37 | 24.44 | 30.61 | 52.74 | 28.21 | 46.47 | 63.95 | 257.76 |
| P/S Ratio | 6.58 | 16.64 | 14.15 | 9.91 | 4.73 | 5.18 | 4.19 | 5.16 | 7.27 | 13.00 | 12.26 |
| P/B Ratio | 3.16 | 7.60 | 6.18 | 4.13 | 1.99 | 2.41 | 1.97 | 2.53 | 4.04 | 6.89 | 5.63 |
| P/FCF | 17.69 | 44.75 | 42.00 | 23.80 | 14.09 | 21.41 | 23.70 | 34.87 | 85.94 | 821.41 | 717.88 |
| P/OCF | 17.66 | 44.67 | 41.56 | 21.37 | 13.98 | 20.15 | 20.02 | 23.84 | 73.51 | 109.08 | 341.37 |
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 | — | 15.40 | 12.95 | 8.70 | 3.70 | 4.35 | 3.55 | 4.56 | 6.82 | 12.53 | 11.67 |
| EV / EBITDA | 16.13 | 46.54 | 42.21 | 26.67 | 11.89 | 22.88 | 29.66 | 21.01 | 36.22 | 54.09 | 136.89 |
| EV / EBIT | 19.37 | 45.19 | 41.64 | 27.81 | 15.99 | 21.27 | 41.78 | 23.59 | 40.84 | 60.67 | 245.42 |
| EV / FCF | — | 41.42 | 38.43 | 20.88 | 11.04 | 18.00 | 20.07 | 30.80 | 80.64 | 791.76 | 683.56 |
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 | 83.7% | 83.7% | 83.3% | 82.7% | 82.3% | 62.4% | 60.9% | 69.6% | 67.2% | 69.4% | 65.8% |
| Operating Margin | 27.5% | 27.5% | 24.6% | 26.7% | 24.5% | 13.8% | 7.4% | 18.8% | 16.0% | 20.6% | 4.9% |
| Net Profit Margin | 30.9% | 30.9% | 29.1% | 29.3% | 22.2% | 19.6% | 8.0% | 18.4% | 15.5% | 19.9% | 4.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.5% | 14.5% | 12.8% | 12.6% | 9.1% | 9.4% | 3.7% | 9.4% | 9.0% | 11.4% | 2.3% |
| ROA | 13.1% | 13.1% | 11.7% | 11.2% | 7.7% | 7.6% | 3.0% | 7.6% | 7.2% | 8.9% | 1.8% |
| ROIC | 21.4% | 21.4% | 16.8% | 16.2% | 12.7% | 7.5% | 3.7% | 9.9% | 9.3% | 11.9% | 2.5% |
| ROCE | 12.9% | 12.9% | 10.8% | 11.4% | 9.9% | 6.4% | 3.3% | 9.3% | 8.9% | 11.3% | 2.3% |
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 | 0.01 | 0.01 | 0.01 | 0.02 | 0.07 | 0.15 | 0.18 | 0.14 | 0.13 | 0.14 | 0.11 |
| Debt / EBITDA | 0.07 | 0.07 | 0.09 | 0.12 | 0.53 | 1.67 | 3.11 | 1.28 | 1.21 | 1.18 | 2.70 |
| Net Debt / Equity | — | -0.57 | -0.53 | -0.51 | -0.43 | -0.38 | -0.30 | -0.29 | -0.25 | -0.25 | -0.27 |
| Net Debt / EBITDA | -3.75 | -3.75 | -3.92 | -3.73 | -3.29 | -4.35 | -5.37 | -2.77 | -2.38 | -2.03 | -6.87 |
| Debt / FCF | — | -3.34 | -3.57 | -2.92 | -3.06 | -3.42 | -3.63 | -4.07 | -5.30 | -29.65 | -34.32 |
| Interest Coverage | 158.26 | 158.26 | 225.84 | 97.93 | 94.28 | 40.32 | 25.14 | 95.77 | 689.08 | 148.12 | — |
Net cash position: cash ($29M) exceeds total debt ($509973)
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 | 6.09 | 6.09 | 6.45 | 6.44 | 4.36 | 3.19 | 3.05 | 3.02 | 2.97 | 2.29 | 2.04 |
| Quick Ratio | 6.09 | 6.09 | 6.45 | 6.44 | 4.36 | 3.19 | 3.05 | 3.02 | 2.97 | 2.29 | 2.04 |
| Cash Ratio | 5.17 | 5.17 | 5.54 | 5.67 | 3.52 | 2.59 | 2.28 | 2.11 | 1.86 | 1.72 | 1.52 |
| Asset Turnover | — | 0.41 | 0.40 | 0.38 | 0.37 | 0.38 | 0.38 | 0.40 | 0.45 | 0.41 | 0.36 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 73.65 | 68.89 | 51.79 | 77.15 | 89.32 | 114.90 | 119.01 | 127.95 | 77.26 | 92.43 |
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 | 1.1% | 0.4% | 0.6% | 0.7% | 0.7% | 0.5% | 0.7% | 0.4% | 0.5% | 0.0% | 0.0% |
| Payout Ratio | 23.7% | 23.7% | 28.9% | 25.3% | 14.6% | 14.2% | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.3% | 1.8% | 1.9% | 2.7% | 4.1% | 3.3% | 1.9% | 3.5% | 2.2% | 1.6% | 0.4% |
| FCF Yield | 5.7% | 2.2% | 2.4% | 4.2% | 7.1% | 4.7% | 4.2% | 2.9% | 1.2% | 0.1% | 0.1% |
| Buyback Yield | 2.2% | 0.9% | 0.5% | 0.7% | 7.2% | 1.2% | 2.6% | 0.4% | 0.6% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.2% | 1.3% | 1.1% | 1.4% | 7.9% | 1.7% | 3.3% | 0.8% | 1.1% | 0.0% | 0.0% |
| Shares Outstanding | — | $19M | $19M | $19M | $19M | $20M | $20M | $20M | $20M | $20M | $19M |
Includes 30+ ratios · 13 years · Updated daily
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Quick answers to the most common questions about buying TRAK stock.
ReposiTrak, Inc.'s current P/E ratio is 23.4x. The historical average is 43.6x.
ReposiTrak, Inc.'s current EV/EBITDA is 16.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 37.7x.
ReposiTrak, Inc.'s return on equity (ROE) is 14.5%. The historical average is 1.8%.
Based on historical data, ReposiTrak, Inc. is trading at a P/E of 23.4x. Compare with industry peers and growth rates for a complete picture.
ReposiTrak, Inc.'s current dividend yield is 1.06% with a payout ratio of 23.7%.
ReposiTrak, Inc. has 83.7% gross margin and 27.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
ReposiTrak, Inc.'s Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Regulatory deadline demand cliff
Metrics are mathematically derived from official filings.
Premium Pricing Reflects Regulatory Moat
According to current market data, TRAK trades at a P/E of 26.09, which appears to price in a growth trajectory that may be increasingly sensitive to the upcoming FSMA 204 compliance deadline compared to broader software peers that lack such specific, mandate-driven revenue catalysts.
The current PEG ratio of 0.76 suggests that the market may be undervaluing the company's earnings growth potential relative to its current multiple, provided the network effect continues to scale. However, investors should monitor whether this valuation is sustainable if the post-2026 growth rate fails to match the current premium pricing.
Capital Efficiency Driven by Scalability
Based on reported financial statements, TRAK's ROIC has fluctuated between 4.1% and 6.6% over the last ten quarters, reflecting a business model that generates returns primarily through high-margin software subscriptions rather than heavy investment in physical capital or complex, asset-intensive infrastructure projects.
The modest ROIC figures suggest that while the business is highly profitable, the company's significant cash accumulation may be diluting overall capital efficiency. Management's decision to hold large cash balances rather than deploying them into higher-yielding growth initiatives warrants further investigation by long-term shareholders.
Working Capital Dynamics Reveal Complexity
As indicated by recent quarterly filings, the company's DSO has shown volatility, peaking at 78 days in 2026Q2, which suggests that the onboarding of new suppliers into the ReposiTrak ecosystem may introduce temporary friction in cash collection cycles compared to more standardized SaaS billing models.
The lack of consistent DIO and CCC data makes it difficult to fully assess inventory-related efficiency, though the high gross margins imply that the core software service remains largely immune to traditional supply chain bottlenecks. Investors should watch for any sustained increase in DSO as a potential indicator of deteriorating customer payment health.
Fortress Balance Sheet Enhances Resilience
According to the latest balance sheet data, TRAK maintains a negligible debt-to-equity ratio of 0.01, positioning the firm with a fortress-like financial structure that effectively eliminates interest rate risk and provides substantial flexibility for future strategic pivots or potential M&A activity in the compliance space.
With interest coverage ratios consistently exceeding 100x, the company faces virtually no risk of insolvency, even in a severe economic downturn. This conservative leverage profile appears to be a deliberate management choice, prioritizing stability over the potential returns of a more aggressive, debt-financed growth strategy.
Misapplication of Traditional SaaS Metrics
Market participants often misapply standard SaaS churn metrics to TRAK, failing to account for the unique 'hub-and-spoke' network effect where the loss of a single major retail hub can trigger a disproportionate, non-linear impact on the total number of active supplier connections.
Analysts should prioritize 'Active Connections' and 'Hub Retention' over generic customer acquisition cost (CAC) metrics, as these are the true drivers of the company's long-term value. Relying on traditional software growth benchmarks may obscure the reality that this business functions more like a regulatory utility than a discretionary SaaS platform.