Latest Ratios: P/E Ratio -29.2x · EV/EBITDA 10.6x · ROE -4.4%. (2000–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $588M | $412M | $658M | — | — | — | — | — | — | — | — |
| Enterprise Value | $848M | $672M | $901M | — | — | — | — | — | — | — | — |
| P/E Ratio → | -29.20 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.32 | 0.93 | 1.82 | — | — | — | — | — | — | — | — |
| P/B Ratio | 1.22 | 0.86 | 1.47 | — | — | — | — | — | — | — | — |
| P/FCF | 66.46 | 46.59 | — | — | — | — | — | — | — | — | — |
| P/OCF | 19.29 | 13.52 | — | — | — | — | — | — | — | — | — |
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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.52 | 2.48 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 10.62 | 8.42 | 41.69 | — | — | — | — | — | — | — | — |
| EV / EBIT | 43.33 | 41.33 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 76.04 | — | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.5% | 55.5% | 53.7% | 53.7% | 47.5% | 47.4% | 52.0% | 46.8% | 48.6% | 51.1% | 49.7% |
| Operating Margin | 4.4% | 4.4% | -7.1% | -7.1% | -5.1% | -6.5% | -3.2% | -11.9% | -10.8% | -10.0% | -17.3% |
| Net Profit Margin | -4.6% | -4.6% | -14.1% | -14.1% | -5.2% | -10.1% | -7.9% | -13.4% | -11.0% | -9.4% | -17.3% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.4% | -4.4% | -17.7% | -36.9% | -4.8% | -8.5% | -6.3% | -13.6% | -18.5% | -15.8% | -34.8% |
| ROA | -2.2% | -2.2% | -8.4% | -19.2% | -3.1% | -5.5% | -3.9% | -7.6% | -9.4% | -7.4% | -14.4% |
| ROIC | 2.1% | 2.1% | -4.2% | -10.3% | -3.4% | -4.0% | -1.8% | -8.1% | -17.1% | -14.6% | -31.7% |
| ROCE | 2.5% | 2.5% | -5.1% | -11.7% | -3.8% | -4.3% | -1.9% | -8.7% | -13.8% | -12.0% | -23.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.62 | 0.62 | 0.64 | 0.96 | 0.19 | 0.24 | 0.24 | 0.32 | 0.08 | — | 0.19 |
| Debt / EBITDA | 3.72 | 3.72 | 13.28 | 7.78 | 6.77 | 89.85 | 4.78 | — | — | — | — |
| Net Debt / Equity | — | 0.54 | 0.54 | 0.77 | 0.02 | 0.05 | -0.03 | 0.20 | -0.24 | -0.15 | -0.12 |
| Net Debt / EBITDA | 3.26 | 3.26 | 11.23 | 6.24 | 0.68 | 20.42 | -0.58 | — | — | — | — |
| Debt / FCF | — | 29.45 | — | — | — | — | -0.80 | — | — | -1.44 | — |
| Interest Coverage | 0.59 | 0.59 | -1.28 | 9.39 | -1.88 | -2.94 | -1.50 | -4.88 | -32.60 | -10.96 | -20.74 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.13 | 1.13 | 1.12 | 3.90 | 1.91 | 1.98 | 2.43 | 1.70 | 1.70 | 1.53 | 1.57 |
| Quick Ratio | 0.99 | 0.99 | 1.00 | 3.40 | 1.42 | 1.57 | 2.08 | 1.31 | 1.46 | 1.29 | 1.35 |
| Cash Ratio | 0.23 | 0.23 | 0.29 | 0.56 | 0.54 | 0.60 | 1.10 | 0.39 | 0.45 | 0.33 | 0.29 |
| Asset Turnover | — | 0.46 | 0.40 | 1.17 | 0.61 | 0.55 | 0.49 | 0.36 | 0.85 | 0.67 | 0.83 |
| Inventory Turnover | 8.79 | 8.79 | 9.15 | 7.76 | 3.13 | 3.63 | 4.15 | 2.66 | 5.39 | 4.37 | 4.73 |
| Days Sales Outstanding | — | 87.65 | 93.29 | 32.82 | 84.91 | 93.00 | 85.36 | 120.38 | 98.29 | 89.48 | 112.52 |
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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 13.7% | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 1.5% | 2.1% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.4% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 14.2% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $134M | $120M | $36M | $106M | $35M | $89M | $61M | $52M | $45M | $39M |
Integration and geopolitical exposure
Based on current market data, PowerFleet trades at a P/S multiple of 1.13, which appears to discount the firm's transition toward a SaaS-heavy model compared to higher-multiple cloud-native peers like Samsara, suggesting investors remain skeptical of the company's ability to successfully integrate recent M&A activity.
The current EV/EBITDA of 9.55 indicates that the market is pricing the company as a value-oriented industrial player rather than a high-growth software entity. This valuation gap warrants further investigation into whether the market is correctly identifying a structural margin ceiling or simply mispricing the potential for future multiple expansion as the revenue mix shifts.
According to recent quarterly filings, PowerFleet's ROIC has struggled to maintain positive territory, hovering at 1.1% in 2026Q4, which highlights the difficulty of generating meaningful returns on invested capital while the firm continues to absorb the heavy amortization costs associated with its recent transformational acquisitions.
The persistent low ROIC suggests that the company has yet to achieve the operational scale necessary to overcome the drag of its asset-heavy hardware segment. Investors should monitor whether management can improve capital allocation efficiency as the integration of MiX Telematics matures and the revenue base becomes more software-centric.
As reported in financial statements, the company's cash conversion cycle reached 38 days in 2026Q4, a figure that reflects the inherent friction of managing a hybrid hardware-software business model where inventory DIO of 40 days remains a significant drag on overall liquidity and operational agility.
The high DSO of 84 days suggests that the company may face challenges in collecting receivables from its enterprise customer base, potentially indicating weaker bargaining power or longer payment terms in the industrial sector. This inefficiency appears to be a structural byproduct of the hardware-led customer acquisition strategy that the firm currently employs.
Based on the latest quarterly data, PowerFleet's current ratio has compressed to 1.13, signaling that the company's liquidity position has tightened significantly as it scales its global operations and manages the debt obligations incurred during its recent aggressive M&A-led consolidation strategy.
While the quick ratio of 0.99 suggests that the firm can cover its immediate liabilities without relying on inventory liquidation, the narrowing margin of safety warrants caution. Any disruption in the timing of large enterprise contract payments could place temporary strain on the company's ability to service its debt.
The P/E ratio is frequently misapplied to PowerFleet, as the metric is heavily distorted by non-cash amortization charges from recent acquisitions, which obscures the company's underlying cash-generative potential and makes the firm appear significantly less profitable than its operational performance might otherwise suggest.
Analysts should prioritize EV/EBITDA or FCF-based metrics to better capture the true earning power of the business, as GAAP net income is currently a poor proxy for performance. Relying on P/E in this context likely leads to an overly pessimistic assessment of the company's fundamental value and growth trajectory.
Includes 30+ ratios · 27 years · Updated daily
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Quick answers to the most common questions about buying AIOT stock.
PowerFleet, Inc.'s current P/E ratio is -29.2x. This places it at the 50th percentile of its historical range.
PowerFleet, Inc.'s current EV/EBITDA is 10.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 25.1x.
PowerFleet, Inc.'s return on equity (ROE) is -4.4%. The historical average is -16.3%.
Based on historical data, PowerFleet, Inc. is trading at a P/E of -29.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
PowerFleet, Inc. has 55.5% gross margin and 4.4% operating margin.
PowerFleet, Inc.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.