Latest Ratios: P/E Ratio -1.3x · EV/EBITDA N/A · ROE -215.2%. (1999–2025 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 | $13M | $10M | $13M | $38M | $39M | $15M | $8M | $6M | $4M | $10M | $858480 |
| Enterprise Value | $15M | $13M | $12M | $37M | $37M | $17M | $11M | $9M | $7M | $13M | $3M |
| P/E Ratio → | -1.26 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 9.10 | 7.24 | 47.69 | 75.43 | 85.56 | 42.08 | 24.87 | 22.57 | 16.66 | 39.24 | 3.04 |
| P/B Ratio | 5.37 | 5.33 | 2.41 | 9.06 | 5.19 | 338.59 | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — | 15.12 | — | — |
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 | — | 9.23 | 45.07 | 73.20 | 82.35 | 47.97 | 34.42 | 33.78 | 28.07 | 50.33 | 12.08 |
| 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 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.3% | 55.3% | 81.2% | 62.9% | 51.1% | 57.6% | 57.4% | 60.3% | 57.3% | -56.1% | 38.0% |
| Operating Margin | -543.3% | -543.3% | -3459.1% | -3806.5% | -3607.6% | -21841.8% | -1095.6% | -370.3% | -709.3% | -424.5% | -290.0% |
| Net Profit Margin | -567.7% | -567.7% | -3236.6% | -3673.0% | -3618.0% | -22385.6% | -1270.7% | -524.4% | -838.9% | -607.2% | -770.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -215.2% | -215.2% | -184.9% | -318.7% | -436.0% | -180090.0% | — | — | — | — | — |
| ROA | -86.2% | -86.2% | -103.0% | -177.4% | -162.2% | -1996.9% | -1802.3% | -2313.0% | -214.6% | -156.5% | -1049.0% |
| ROIC | -120.7% | -120.7% | -183.2% | -318.1% | -300.4% | — | — | — | — | — | — |
| ROCE | -178.4% | -178.4% | -194.5% | -323.4% | -412.8% | -28167.4% | — | — | — | — | — |
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 | 1.60 | 1.60 | 0.03 | 0.04 | 0.27 | 47.57 | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 1.47 | -0.13 | -0.27 | -0.19 | 47.39 | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -34.20 | -34.20 | -12.83 | -355.00 | -38.04 | -24.47 | -11.23 | -3.65 | -4.41 | -2.32 | -1.75 |
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 | 0.14 | 0.14 | 0.70 | 0.37 | 0.90 | 0.09 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 |
| Quick Ratio | 0.14 | 0.14 | 0.70 | 0.37 | 0.90 | 0.09 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 |
| Cash Ratio | 0.04 | 0.04 | 0.25 | 0.31 | 0.70 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Asset Turnover | — | 0.15 | 0.03 | 0.06 | 0.04 | 0.05 | 0.87 | 3.02 | 8.13 | 0.13 | 10.52 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 169.03 | 56.87 | 21.73 | 41.37 | 41.60 | 45.01 | 42.52 | 34.23 | 37.49 | 33.14 |
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 | — | — | — | — | — | — | — | — | — | — | — |
| 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 | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $34M | $25M | $19M | $16M | $11M | $9M | $9M | $9M | $8M | $7M |
Severe liquidity and solvency
Based on reported financial data, APCX trades at a price-to-sales multiple of 10.09, which appears to reflect a growth-option premium that is increasingly difficult to justify given the company's persistent inability to generate positive earnings or cash flow compared to its fintech peers.
The current valuation suggests that investors are pricing the company based on potential future scale rather than current fundamental performance. This multiple warrants caution, as it implies a high growth trajectory that may be disconnected from the reality of the company's limited cash runway and ongoing operational losses.
As reported in recent financial statements, APCX's ROIC has remained deeply negative, reaching -48.6% in 2026Q1, which indicates that the company is currently destroying shareholder capital rather than compounding it through its investment in payment infrastructure and software development.
The persistent negative return on capital suggests that the company's heavy fixed-cost structure is not yet being offset by sufficient transactional volume. Investors should monitor whether management can pivot toward a more capital-efficient model, as current trends indicate a significant disconnect between capital deployment and value creation.
According to quarterly data, APCX exhibits extreme volatility in its cash conversion cycle, with days payable outstanding reaching as high as 770 days in 2025Q4, suggesting that the company is relying heavily on extended supplier terms to manage its constrained liquidity position.
The erratic nature of these efficiency metrics reveals a lack of operational maturity in managing merchant receivables and payables. This instability may indicate that the company's underlying payment processing business is struggling to maintain a predictable flow of funds, which complicates long-term financial planning.
Based on the company's reported figures, the current ratio has deteriorated to a precarious 0.16 as of 2026Q1, signaling that APCX lacks the liquid assets necessary to meet its short-term obligations without the potential for further dilutive financing or external intervention.
This liquidity profile is highly vulnerable, particularly given the company's history of burning cash to fund its platform development. The inability to maintain a healthy current ratio suggests that the business model is currently reliant on external capital injections to sustain daily operations.
As evidenced by the company's reported figures, the market's focus on top-line revenue growth often obscures the underlying reality of thin margins and high cash burn, which are the more critical indicators of this business model's long-term viability.
Investors frequently misapply revenue growth as a proxy for success in this sector, ignoring the fact that gross processing volume can be misleading if not adjusted for the net take rate. A more appropriate metric for evaluating APCX would be the net take rate on total processing volume, which would better reveal the true profitability of the company's payment rails.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying APCX stock.
AppTech Payments Corp.'s current P/E ratio is -1.3x. This places it at the 50th percentile of its historical range.
AppTech Payments Corp.'s return on equity (ROE) is -215.2%. The historical average is -284.4%.
Based on historical data, AppTech Payments Corp. is trading at a P/E of -1.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
AppTech Payments Corp. has 55.3% gross margin and -543.3% operating margin.