Latest Ratios: P/E Ratio -129.4x · EV/EBITDA N/A · ROE N/A. (2019–2025 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 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $6M | $10M | $30M | $206M | $222M | — | — | — |
| Enterprise Value | $5M | $9M | $36M | $208M | $221M | — | — | — |
| P/E Ratio → | -129.40 | — | 71.38 | 60.83 | 191.01 | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | — |
| P/B Ratio | — | — | — | 7.09 | 1.29 | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | 130.46 | — | — | — |
| EV / EBIT | — | — | — | 44.68 | 130.46 | — | — | — |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Margin | — | — | — | — | — | — | — | — |
| Net Profit Margin | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| ROE | — | — | 3.0% | 3.4% | 1.3% | — | -2.0% | — |
| ROA | -8.1% | -8.1% | 1.5% | 3.1% | 1.3% | -12.5% | -0.1% | -1.0% |
| ROIC | — | — | — | -1.0% | -1.0% | -13.8% | -0.1% | — |
| ROCE | — | — | — | -1.3% | -1.2% | — | -2.0% | — |
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 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.17 | 0.00 | — | 12.80 | — |
| Debt / EBITDA | — | — | — | — | 0.03 | — | — | — |
| Net Debt / Equity | — | — | — | 0.09 | -0.01 | — | 12.80 | — |
| Net Debt / EBITDA | — | — | — | — | -0.52 | — | — | 0.00 |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — |
Net cash position: cash ($337755) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.04 | 0.04 | 0.05 | 0.35 | 1.14 | 0.00 | — | — |
| Quick Ratio | 0.04 | 0.04 | 0.05 | 0.35 | 1.14 | 0.00 | — | — |
| Cash Ratio | 0.04 | 0.04 | 0.04 | 0.35 | 0.92 | 0.00 | — | — |
| Asset Turnover | — | — | — | — | — | — | — | — |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — |
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 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 1.4% | 1.6% | 0.5% | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 98.0% | 70.8% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 98.0% | 70.8% | 0.0% | — | — | — |
| Shares Outstanding | — | $785633 | $3M | $19M | $22M | $21M | $15M | $19M |
Imminent Liquidation or Delisting
As reported in financial statements, BYNO's P/E ratio of -126.50 reflects a shell entity devoid of earnings, suggesting that current market pricing is disconnected from fundamental business value and is instead driven by the speculative option value of a potential, yet increasingly unlikely, business combination.
The negative P/E multiple is a byproduct of persistent administrative burn rather than operational performance, rendering traditional valuation metrics largely irrelevant. Investors should interpret this valuation as a reflection of the remaining liquidation preference, which appears to be rapidly diminishing as the company exhausts its cash reserves.
Based on recent quarterly filings, BYNO's current ratio has plummeted to 0.01, indicating that the company lacks the necessary liquid assets to cover its immediate liabilities, a trend that warrants significant concern regarding the entity's ability to maintain its listing status or fund further due diligence.
The collapse in the quick ratio to 0.01 confirms that the company is effectively operating without a liquidity buffer, leaving it highly vulnerable to any unexpected regulatory or legal costs. This extreme lack of working capital suggests that the entity is nearing the end of its operational runway as a public shell.
According to historical data, BYNO's ROIC has trended into negative territory, reaching -3.2% in 2025Q2, which highlights the company's inability to generate any productive return on the capital originally entrusted to it by shareholders for the purpose of identifying and acquiring a fintech target.
The consistent decay in return metrics underscores the failure of the current capital allocation strategy to produce a viable business combination. This trend suggests that the capital is being consumed by overhead rather than being deployed into value-accretive assets, which is typical for a SPAC that has failed to execute its mandate.
As indicated by the company's financial disclosures, analysts often misapply net margin and ROE to BYNO, failing to recognize that these metrics are entirely non-representative for a pre-revenue shell company whose primary activity is the depletion of cash reserves through administrative and legal compliance expenses.
Using profitability ratios to evaluate a SPAC obscures the reality that the entity is not a business, but a temporary vehicle for capital deployment. Investors should instead focus on the 'burn rate' and the remaining cash-per-share, as these metrics provide a more accurate assessment of the entity's remaining life and potential for a successful transaction.
Includes 30+ ratios · 7 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BYNO stock.
byNordic Acquisition Corporation's current P/E ratio is -129.4x. The historical average is 107.7x.
Based on historical data, byNordic Acquisition Corporation is trading at a P/E of -129.4x. Compare with industry peers and growth rates for a complete picture.