Latest Ratios: P/E Ratio 66.0x · EV/EBITDA 31.3x · ROE 9.9%. (2015–2025 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 | $45M | $51M | $140M | — | — | — | — | — | — | — | — |
| Enterprise Value | $41M | $47M | $137M | — | — | — | — | — | — | — | — |
| P/E Ratio → | 66.00 | 61.50 | 41.33 | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.71 | 1.92 | 5.10 | — | — | — | — | — | — | — | — |
| P/B Ratio | 5.61 | 5.23 | 18.24 | — | — | — | — | — | — | — | — |
| P/FCF | 29.33 | 32.94 | — | — | — | — | — | — | — | — | — |
| P/OCF | 23.33 | 26.20 | 52424.29 | — | — | — | — | — | — | — | — |
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 | — | 1.77 | 4.99 | — | — | — | — | — | — | — | — |
| EV / EBITDA | 31.29 | 35.52 | 84.01 | — | — | — | — | — | — | — | — |
| EV / EBIT | 35.29 | 35.44 | 76.80 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 30.32 | — | — | — | — | — | — | — | — | — |
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 | 71.0% | 71.0% | 73.4% | 75.3% | 63.9% | 61.0% | 48.0% | 41.3% | 35.0% | 36.6% | 15.1% |
| Operating Margin | 4.4% | 4.4% | 5.5% | 8.4% | -9.0% | -19.7% | -16.9% | -15.1% | -36.3% | -92.5% | -150.2% |
| Net Profit Margin | 3.3% | 3.3% | 7.3% | 7.8% | -7.8% | -18.2% | -17.1% | -15.1% | -36.7% | -92.6% | -162.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.9% | 9.9% | 27.9% | 53.2% | -69.0% | -70.0% | -29.2% | -25.2% | -64.3% | -91.0% | -122.4% |
| ROA | 7.2% | 7.2% | 18.9% | 33.0% | -17.0% | -24.8% | -18.3% | -22.2% | -55.0% | -80.8% | -111.0% |
| ROIC | 17.0% | 17.0% | 33.5% | 139.7% | -199.5% | -78.5% | -31.4% | -35.5% | -120.7% | -202.9% | — |
| ROCE | 12.5% | 12.5% | 19.4% | 52.9% | -57.3% | -47.4% | -22.9% | -24.9% | -63.6% | -90.9% | -113.1% |
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 | 0.08 | 0.08 | 0.02 | 0.04 | 1.11 | 0.85 | 0.74 | 0.02 | — | — | — |
| Debt / EBITDA | 0.58 | 0.58 | 0.11 | 0.13 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.42 | -0.40 | -0.68 | -0.91 | -0.59 | -0.07 | -0.49 | -0.44 | -0.75 | -0.58 |
| Net Debt / EBITDA | -3.06 | -3.06 | -1.88 | -2.19 | — | — | — | — | — | — | — |
| Debt / FCF | — | -2.62 | — | -1.60 | — | -6.16 | — | — | — | — | — |
| Interest Coverage | 336.77 | 336.77 | 406.95 | 816.35 | -26.98 | -47.99 | -97.61 | -317.42 | -88.86 | -934.38 | -10.81 |
Net cash position: cash ($5M) exceeds total debt ($757441)
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 | 3.76 | 3.76 | 2.85 | 2.58 | 1.14 | 1.46 | 2.63 | 13.29 | 6.10 | 7.37 | 10.64 |
| Quick Ratio | 2.73 | 2.73 | 1.63 | 2.12 | 0.68 | 0.83 | 1.78 | 8.22 | 2.72 | 5.62 | 7.89 |
| Cash Ratio | 1.94 | 1.94 | 1.16 | 1.69 | 0.53 | 0.70 | 1.20 | 6.63 | 2.37 | 5.01 | 5.67 |
| Asset Turnover | — | 2.04 | 2.51 | 2.31 | 2.61 | 1.29 | 0.89 | 1.34 | 1.53 | 0.92 | 0.68 |
| Inventory Turnover | 3.01 | 3.01 | 2.15 | 4.43 | 2.61 | 1.41 | 1.83 | 2.20 | 1.87 | 2.53 | 2.26 |
| Days Sales Outstanding | — | 13.96 | 6.77 | 6.47 | 16.55 | 20.30 | 65.67 | 29.26 | 11.73 | 20.51 | 22.30 |
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 | 1.5% | 1.6% | 2.4% | — | — | — | — | — | — | — | — |
| FCF Yield | 3.4% | 3.0% | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $8M | $16M | $18M | $2M | $2M | $2M | $2M | $2M | $2M | $2M |
High customer acquisition costs
Based on current market data, AXIL trades at a P/E of 61.00 and an EV/EBITDA of 28.69, which appears disconnected from the company's recent revenue contraction and suggests that investors are pricing in a turnaround that has yet to manifest in consistent bottom-line growth.
The elevated valuation multiples relative to the company's stagnant growth profile indicate that the market may be overestimating the scalability of the hearing technology segment. Investors should monitor whether these multiples compress as the company struggles to convert its high gross margins into meaningful net income.
According to historical financial statements, AXIL's ROIC has fluctuated wildly, peaking at 44.5% in 2024Q2 before declining to 2.4% in 2026Q3, which highlights the difficulty management faces in deploying capital effectively during the company's strategic pivot toward the hearing protection market.
The sharp decay in returns on invested capital suggests that the company's recent investments in brand identity and product development have not yet generated a sustainable competitive advantage. This volatility warrants investigation into whether the current capital allocation strategy is creating long-term value or merely funding temporary marketing initiatives.
As reported in recent quarterly filings, AXIL's cash conversion cycle has expanded to 135 days in 2026Q3, driven largely by elevated inventory days of 173, which suggests that the company is struggling to manage its hardware inventory effectively as it transitions its product mix.
The lengthening of the cash conversion cycle indicates that capital is increasingly trapped in unsold inventory, which may pose a risk to liquidity if sales velocity does not improve. This inefficiency appears to be a structural drag on the company's ability to fund its high-spend operating model internally.
Based on reported figures, AXIL maintains a low D/E ratio of 0.05 as of 2026Q3, providing a clean balance sheet that offers a buffer against insolvency, yet the company's narrow operating margins suggest that it lacks the operational leverage to withstand prolonged periods of revenue decline.
While the lack of significant debt is a positive indicator of financial health, it may also reflect a limited ability to access credit markets to fund expansion. Investors should monitor whether this conservative leverage profile is a strategic choice or a constraint imposed by the company's inconsistent earnings performance.
The 71% gross margin is frequently misapplied as a proxy for overall profitability, obscuring the fact that AXIL's operating margin is consistently compressed by high customer acquisition costs, as evidenced by the 2.9% operating margin reported in 2026Q3.
Analysts should prioritize the operating margin over the gross margin to better understand the company's true earning power. Relying on gross margins alone ignores the significant marketing and distribution expenses required to maintain the company's direct-to-consumer sales model, which remains the primary bottleneck to profitability.
Includes 30+ ratios · 11 years · Updated daily
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Quick answers to the most common questions about buying AXIL stock.
AXIL Brands, Inc.'s current P/E ratio is 66.0x. The historical average is 51.4x. This places it at the 100th percentile of its historical range.
AXIL Brands, Inc.'s current EV/EBITDA is 31.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 59.8x.
AXIL Brands, Inc.'s return on equity (ROE) is 9.9%. The historical average is -45.7%.
Based on historical data, AXIL Brands, Inc. is trading at a P/E of 66.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
AXIL Brands, Inc. has 71.0% gross margin and 4.4% operating margin.
AXIL Brands, Inc.'s Debt/EBITDA ratio is 0.6x, indicating low leverage. A ratio below 2x is generally considered financially healthy.