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BIOXBioceres Crop Solutions Corp.
$0.33$21M
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Bioceres Crop Solutions Corp. (BIOX) Financial Ratios

Latest Ratios: P/E Ratio -0.4x · EV/EBITDA 19.3x · ROE -16.0%. (2017–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BIOX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Market Cap$21M$283M$712M$844M$580M$551M$221M$162M$272M—
Enterprise Value$265M$526M$938M$1.1B$716M$690M$343M$262M$361M—
P/E Ratio →-0.40—219.3744.53——65.73———
P/S Ratio0.060.851.532.011.772.671.281.012.04—
P/B Ratio0.070.962.032.553.666.103.682.608.22—
P/FCF0.598.0037.59———45.826.1521.47—
P/OCF0.425.6617.06326.08——23.685.4414.81—

P/E links to full P/E history page with 30-year chart

BIOX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
EV / Revenue—1.582.022.512.183.341.991.632.70—
EV / EBITDA19.3438.4514.1914.3214.6015.447.827.0917.98—
EV / EBIT——27.4619.8818.5018.4213.2920.99——
EV / FCF—14.9149.55———71.289.9728.48—

BIOX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Gross Margin39.1%39.1%39.1%43.0%38.5%44.0%46.1%45.9%42.2%36.1%
Operating Margin-1.1%-1.1%9.6%12.9%12.1%18.6%22.7%20.0%11.8%-0.8%
Net Profit Margin-15.5%-15.5%0.7%4.5%-2.2%-3.3%1.9%-11.5%-8.3%-12.6%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
ROE-16.0%-16.0%1.0%7.7%-5.8%-9.1%5.5%-38.6%-19.6%-14.8%
ROA-6.4%-6.4%0.4%2.8%-1.6%-2.0%1.2%-8.4%-5.1%-4.9%
ROIC-0.5%-0.5%6.0%9.7%11.4%14.0%17.0%16.9%8.6%-0.3%
ROCE-0.8%-0.8%8.6%13.3%15.3%19.5%26.7%31.5%12.6%-0.4%

BIOX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Debt / Equity0.940.940.770.781.071.932.491.672.750.94
Debt / EBITDA20.2020.204.103.503.463.913.412.814.5319.23
Net Debt / Equity—0.830.640.630.861.532.041.612.680.92
Net Debt / EBITDA17.8117.813.432.842.783.102.792.714.4218.80
Debt / FCF—6.9111.96———25.463.817.004.14
Interest Coverage-0.08-0.081.272.232.161.761.330.57——

BIOX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Current Ratio0.910.911.241.331.341.261.260.840.721.26
Quick Ratio0.650.650.860.860.770.881.030.610.560.81
Cash Ratio0.100.100.170.200.170.280.430.030.020.02
Asset Turnover—0.440.550.510.630.520.580.660.680.39
Inventory Turnover2.262.262.241.701.601.833.023.143.981.91
Days Sales Outstanding—194.66169.64161.26142.33175.08164.85134.87144.61162.33

BIOX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Dividend Yield——————————
Payout Ratio——————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Earnings Yield——0.5%2.2%——1.5%———
FCF Yield100.0%12.5%2.7%———2.2%16.2%4.7%—
Buyback Yield4.5%0.3%0.1%0.4%0.0%0.6%0.0%0.0%0.0%—
Total Shareholder Yield4.5%0.3%0.1%0.4%0.0%0.6%0.0%0.0%0.0%—
Shares Outstanding—$63M$63M$63M$42M$39M$36M$30M$28M$28M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Argentine macroeconomic volatility exposure

Distressed Valuation Reflects Operational Uncertainty

Based on reported figures, the company's P/S ratio of 0.06 suggests that the market is heavily discounting future growth potential, likely due to the persistent net losses and the significant revenue contraction observed in recent quarterly filings compared to historical performance benchmarks.

The negative P/E ratio and depressed P/B of 0.07 indicate that investors are currently pricing the equity as a distressed asset rather than a growth-oriented biotechnology firm. This valuation level implies that the market remains highly skeptical of the company's ability to achieve sustainable profitability through its HB4 technology platform.

Capital Efficiency Deteriorating Amid Losses

As reported in financial statements, the ROIC has struggled to maintain positive territory, hovering near 1.4% in 2026Q2, which suggests that the company is failing to generate returns that exceed its cost of capital, a trend that warrants further investigation by fundamental analysts.

The inability to consistently compound returns on invested capital reflects the high fixed-cost burden associated with R&D and regulatory compliance. Without a clear path to margin expansion, the current capital allocation strategy appears to be eroding shareholder value rather than building a sustainable competitive moat.

Working Capital Cycles Remain Strained

According to recent SEC filings, the cash conversion cycle has expanded to 195 days in 2026Q2, indicating that the company's ability to efficiently turn inventory into cash is being hampered by the complexities of its identity-preserved supply chain and seasonal agricultural demand.

The elevated DSO and DIO figures suggest that the company is providing significant credit terms to customers or facing logistical bottlenecks in its closed-loop system. This inefficiency ties up critical liquidity, leaving the firm more exposed to the inflationary pressures inherent in its primary Argentine market.

Liquidity Buffer Nearing Critical Thresholds

Based on the 2026Q2 balance sheet, the current ratio has compressed to 0.90, falling below the critical 1.0 threshold, which implies that the company's short-term assets may no longer be sufficient to cover its immediate liabilities without significant operational or external intervention.

The decline in the quick ratio to 0.69 further highlights the company's reliance on inventory liquidation to meet short-term obligations. Investors should monitor whether the current cash reserves are sufficient to sustain operations through the next planting cycle given the ongoing cash burn.

Misapplied P/E Multiples Obscure Reality

As indicated by the provided financial data, the P/E ratio is a fundamentally flawed metric for this business model, as it fails to account for the heavy R&D capitalization and the non-cash accounting adjustments inherent in hyperinflationary reporting environments like Argentina.

Analysts should instead focus on EV/Sales or adjusted EBITDA metrics to better capture the underlying revenue-generating capacity of the biologicals and seed segments. Relying on P/E in this context ignores the significant divergence between accounting net income and the actual cash-generating potential of the HB4 technology.

Download Financial Ratios Data

Includes 30+ ratios · 9 years · Updated daily

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BIOX — Frequently Asked Questions

Quick answers to the most common questions about buying BIOX stock.

What is Bioceres Crop Solutions Corp.'s P/E ratio?

Bioceres Crop Solutions Corp.'s current P/E ratio is -0.4x. The historical average is 55.1x.

What is Bioceres Crop Solutions Corp.'s EV/EBITDA?

Bioceres Crop Solutions Corp.'s current EV/EBITDA is 19.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.2x.

What is Bioceres Crop Solutions Corp.'s ROE?

Bioceres Crop Solutions Corp.'s return on equity (ROE) is -16.0%. The historical average is -10.0%.

Is BIOX stock overvalued?

Based on historical data, Bioceres Crop Solutions Corp. is trading at a P/E of -0.4x. Compare with industry peers and growth rates for a complete picture.

What are Bioceres Crop Solutions Corp.'s profit margins?

Bioceres Crop Solutions Corp. has 39.1% gross margin and -1.1% operating margin.

How much debt does Bioceres Crop Solutions Corp. have?

Bioceres Crop Solutions Corp.'s Debt/EBITDA ratio is 20.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.