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BOFBranchOut Food Inc.
$4.42$68M
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BranchOut Food Inc. (BOF) Financial Ratios

Latest Ratios: P/E Ratio -7.8x · EV/EBITDA N/A · ROE -154.8%. (2020–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BOF 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 2020
Market Cap$68M$34M$10M$5M———
Enterprise Value$74M$40M$16M$5M———
P/E Ratio →-7.75——————
P/S Ratio4.932.491.531.72———
P/B Ratio8.526.134.212.20———
P/FCF———————
P/OCF———————

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

BOF EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
EV / Revenue—2.922.421.62———
EV / EBITDA———————
EV / EBIT———————
EV / FCF———————

BOF 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 2020
Gross Margin14.8%14.8%12.2%-3.4%-22.7%-9.9%1.9%
Operating Margin-36.2%-36.2%-60.6%-123.9%-319.9%-127.5%-94.1%
Net Profit Margin-44.6%-44.6%-73.8%-138.9%-617.3%-92.3%-171.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
ROE-154.8%-154.8%-208.8%-177.6%———
ROA-44.8%-44.8%-59.5%-122.9%-143.8%-27.9%-36.3%
ROIC-37.9%-37.9%-58.5%-134.6%-106.8%-117.1%—
ROCE-81.1%-81.1%-122.2%-149.3%—-68.6%-38.5%

BOF Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Debt / Equity1.181.183.450.17———
Debt / EBITDA———————
Net Debt / Equity—1.072.45-0.13———
Net Debt / EBITDA———————
Debt / FCF———————
Interest Coverage-7.18-7.18-5.14-8.02-1.060.05-1.51

BOF Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Current Ratio0.910.910.562.150.130.971.94
Quick Ratio0.820.820.341.720.110.811.60
Cash Ratio0.100.100.260.840.040.471.50
Asset Turnover—0.950.500.900.230.220.21
Inventory Turnover20.8320.832.938.685.783.861.29
Days Sales Outstanding—53.3725.4884.6142.6277.4286.15

BOF 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 2020
Dividend Yield———————
Payout Ratio———————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Earnings Yield———————
FCF Yield———————
Buyback Yield0.0%0.0%0.0%0.0%———
Total Shareholder Yield0.0%0.0%0.0%0.0%———
Shares Outstanding—$11M$6M$4M$1M$1M$1M

Key Metrics

Growth RegimeExpanding
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Premium Pricing Lacks Fundamental Support

Based on current market data, BOF trades at a price-to-sales multiple of 5.11, a valuation that appears disconnected from the company's negative net margins and the significant execution risks inherent in its rapid, debt-funded retail expansion strategy compared to more established packaged food peers.

The current P/S multiple suggests that investors are pricing in a high-growth trajectory that assumes a rapid transition to profitability, which is not supported by the company's historical margin performance. This valuation premium warrants caution, as it ignores the potential for significant shareholder dilution required to sustain operations.

Margin Compression Hinders Scalability

As reported in recent financial statements, BOF's gross margin of 15.4% in 2026Q1 highlights a persistent inability to achieve meaningful pricing power, suggesting that the company's proprietary dehydration technology has yet to provide the cost-to-manufacture advantage necessary to offset high variable input costs.

The operating margin of -62.1% indicates that fixed costs and marketing expenditures are currently overwhelming the gross profit generated by sales. Investors should monitor whether the company can improve its unit economics before the current cash runway is fully exhausted.

Capital Allocation Destroys Shareholder Value

According to quarterly data, BOF has consistently generated negative returns on invested capital, with ROIC figures reaching -9.5% in 2026Q1, reflecting a structural failure to deploy capital efficiently in a way that generates returns exceeding the cost of the company's debt and equity.

The persistent negative ROIC suggests that the company's aggressive investment in manufacturing infrastructure is not currently yielding the expected productivity gains. This trend indicates that the firm is effectively destroying value with every dollar of capital deployed into its current operational model.

Working Capital Volatility Strains Operations

Based on the provided financial figures, the company's cash conversion cycle has shown extreme volatility, fluctuating between 2 and 93 days over the last ten quarters, which indicates significant challenges in managing inventory levels and collecting receivables during its rapid retail expansion phase.

The inconsistency in the CCC suggests that the company lacks the operational maturity to optimize its supply chain, potentially leading to excess inventory or cash flow gaps. This inefficiency exacerbates the company's liquidity constraints and increases the risk of operational disruption.

Misapplied Focus on Revenue Growth

The most commonly misapplied metric for BOF is the year-over-year revenue growth rate, which obscures the underlying quality of sales and the high cost of customer acquisition, leading investors to overlook the critical need for sustainable unit profitability in a capital-constrained environment.

Instead of focusing on top-line expansion, analysts should prioritize 'Sales Velocity' and 'Contribution Margin per SKU' to determine if the company's retail presence is actually viable. Relying on revenue growth alone ignores the potential for 'pipeline fill' to mask a lack of genuine consumer demand.

Download Financial Ratios Data

Includes 30+ ratios · 6 years · Updated daily

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BOF — Frequently Asked Questions

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

What is BranchOut Food Inc.'s P/E ratio?

BranchOut Food Inc.'s current P/E ratio is -7.8x. This places it at the 50th percentile of its historical range.

What is BranchOut Food Inc.'s ROE?

BranchOut Food Inc.'s return on equity (ROE) is -154.8%. The historical average is -180.4%.

Is BOF stock overvalued?

Based on historical data, BranchOut Food Inc. is trading at a P/E of -7.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are BranchOut Food Inc.'s profit margins?

BranchOut Food Inc. has 14.8% gross margin and -36.2% operating margin.