Latest Ratios: P/E Ratio -1.6x · EV/EBITDA N/A · ROE -46.3%. (2001–2025 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 | $8M | $8M | $14M | $11M | $10M | $23M | $14M | $8M | $22M | $14M | $916372 |
| Enterprise Value | $4M | $4M | $14M | $11M | $9M | $14M | $6M | $8M | $21M | $14M | $961797 |
| P/E Ratio → | -1.58 | — | — | — | — | 6.49 | — | — | — | — | — |
| P/S Ratio | 0.49 | 0.46 | 0.58 | 0.43 | 0.50 | 27.08 | 41.77 | 30.70 | 299.71 | — | 24.73 |
| P/B Ratio | 0.71 | 0.69 | 1.39 | 0.87 | 0.72 | 1.11 | 1.72 | — | 14.29 | — | — |
| P/FCF | — | — | 40.65 | — | — | — | — | — | — | — | — |
| P/OCF | 13.37 | 12.57 | 16.24 | 44.83 | — | — | — | — | — | — | — |
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 | — | 0.24 | 0.56 | 0.43 | 0.45 | 16.21 | 18.84 | 30.89 | 277.37 | — | 25.96 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | 38.93 | — | — | — | — | — | — | — | — |
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 | 32.5% | 32.5% | 35.8% | 31.7% | 33.1% | 69.1% | 81.9% | 81.6% | 61.5% | — | 34.3% |
| Operating Margin | -7.4% | -7.4% | -8.6% | -12.8% | -19.1% | -557.2% | -1040.2% | -992.9% | -3466.4% | — | -10077.8% |
| Net Profit Margin | -29.9% | -29.9% | -15.8% | -13.4% | -73.5% | 416.6% | -1720.7% | -1023.3% | -3916.0% | — | -4442.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -46.3% | -46.3% | -33.6% | -26.0% | -82.9% | 24.5% | -143.0% | -333.5% | -425.7% | — | — |
| ROA | -33.7% | -33.7% | -20.8% | -16.4% | -67.9% | 23.7% | -121.5% | -167.5% | -198.6% | -571.7% | -532.5% |
| ROIC | -10.8% | -10.8% | -14.1% | -19.5% | -23.2% | -59.4% | -1244.7% | — | — | — | — |
| ROCE | -10.7% | -10.7% | -15.2% | -21.0% | -20.5% | -32.6% | -85.7% | -323.6% | -376.8% | — | — |
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 | 0.07 | 0.07 | 0.22 | 0.24 | 0.17 | — | 0.01 | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.33 | -0.06 | -0.01 | -0.08 | -0.45 | -0.95 | — | -1.07 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | -1.73 | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | -28.42 | -20.06 | -162.61 | — | -1.74 | -24.85 | -389.53 | -14.51 | -126.90 |
Net cash position: cash ($4M) exceeds total debt ($750000)
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 | 3.82 | 3.82 | 1.50 | 1.50 | 1.74 | 22.25 | 21.41 | 0.44 | 3.69 | 0.65 | 0.03 |
| Quick Ratio | 3.80 | 3.80 | 1.49 | 1.49 | 1.73 | 22.13 | 21.27 | 0.41 | 3.60 | 0.65 | 0.02 |
| Cash Ratio | 2.15 | 2.15 | 0.67 | 0.60 | 0.63 | 20.94 | 20.73 | 0.25 | 3.48 | 0.63 | 0.01 |
| Asset Turnover | — | 1.26 | 1.51 | 1.22 | 0.94 | 0.04 | 0.04 | 0.26 | 0.04 | — | 0.13 |
| Inventory Turnover | 298.95 | 298.95 | 398.59 | 454.92 | 161.58 | 5.15 | 1.15 | 1.50 | 0.69 | — | 1.43 |
| Days Sales Outstanding | — | 19.08 | 50.80 | 61.99 | 105.03 | 125.03 | 32.99 | 120.67 | 148.04 | — | — |
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 | — | — | — | — | — | — | — | — | — | 100.0% | 100.0% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 15.4% | — | — | — | — | — |
| FCF Yield | — | — | 2.5% | — | — | — | — | — | — | — | — |
| Buyback Yield | 2.7% | 2.9% | 0.1% | 0.1% | 3.0% | 3.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 2.7% | 2.9% | 0.1% | 0.1% | 3.0% | 3.1% | 0.0% | 0.0% | 0.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $13M | $10M | $10M | $8M | $7M | $4M | $2M | $2M | $1M | $166613 |
Liquidity and revenue churn
According to recent market data, VerifyMe trades at a P/S multiple of 0.49, a valuation level that suggests investors are heavily discounting the firm's future growth prospects due to the persistent revenue contraction and the absence of a clear path toward positive earnings per share.
The current P/S ratio of 0.49, when viewed against the company's negative net margin of -29.91%, indicates that the market is pricing the equity as a distressed asset rather than a growth-oriented technology provider. This valuation multiple appears to reflect significant skepticism regarding the company's ability to leverage its proprietary authentication technology into a scalable, profitable business model.
Based on reported financial figures, VerifyMe's ROIC has trended into negative territory, reaching -7.7% in 2026Q1, which highlights a fundamental failure to generate adequate returns on the capital deployed into its authentication and logistics service segments over the past several quarters.
The consistent decay in ROIC suggests that the company's acquisition-led strategy has not yet produced the expected synergies or operational efficiencies required to drive value. Investors should monitor whether management can stabilize these returns, as the current trend indicates that capital is being consumed rather than compounded.
As reported in quarterly filings, the company's cash conversion cycle has fluctuated significantly, reaching 43 days in 2026Q1, which underscores the operational challenges in managing receivables and inventory effectively during a period of material top-line decline and shifting business mix.
The volatility in the cash conversion cycle, particularly the swing from negative cycles in 2025 to a positive 43 days in 2026Q1, suggests that the company is struggling to maintain consistent working capital efficiency. This instability may further pressure liquidity, as the firm appears to be losing the ability to collect on its services as quickly as it incurs operational costs.
Market participants often misapply the P/S ratio to VerifyMe, failing to account for the fact that the company's revenue mix is shifting toward lower-margin logistics services, which obscures the true underlying earning power of the higher-margin authentication segment.
Using a simple P/S multiple ignores the structural differences between the high-margin, proprietary ink business and the lower-margin, service-heavy logistics segment. Analysts should instead focus on segment-specific contribution margins or customer acquisition costs relative to lifetime value to better assess the company's true economic potential.
Includes 30+ ratios · 25 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 VRME stock.
VerifyMe, Inc.'s current P/E ratio is -1.6x. The historical average is 6.5x.
VerifyMe, Inc.'s return on equity (ROE) is -46.3%. The historical average is -167.5%.
Based on historical data, VerifyMe, Inc. is trading at a P/E of -1.6x. Compare with industry peers and growth rates for a complete picture.
VerifyMe, Inc. has 32.5% gross margin and -7.4% operating margin.