Latest Ratios: P/E Ratio 118.9x · EV/EBITDA 95.8x · ROE 3.0%. (2021–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Market Cap | $147M | $133M | — | — | — |
| Enterprise Value | $147M | $133M | — | — | — |
| P/E Ratio → | 118.92 | 86.58 | — | — | — |
| P/S Ratio | — | — | — | — | — |
| P/B Ratio | 1.79 | 1.30 | — | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — |
| EV / EBITDA | 95.78 | 86.68 | — | — | — |
| EV / EBIT | — | 86.68 | — | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — |
| Operating Margin | — | — | — | — | — |
| Net Profit Margin | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| ROE | 3.0% | 3.0% | — | — | -248480.6% |
| ROA | 1.5% | 1.5% | — | -3131.7% | -7634.1% |
| ROIC | -0.5% | -0.5% | — | -4431.7% | — |
| ROCE | -0.3% | -0.3% | — | — | -248480.6% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Debt / Equity | 0.00 | 0.00 | — | — | 15.47 |
| Debt / EBITDA | 0.22 | 0.22 | — | — | — |
| Net Debt / Equity | — | 0.00 | — | — | 15.86 |
| Net Debt / EBITDA | 0.20 | 0.20 | — | — | — |
| Debt / FCF | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Current Ratio | 0.57 | 0.57 | — | — | — |
| Quick Ratio | 0.57 | 0.57 | — | — | — |
| Cash Ratio | 0.06 | 0.06 | — | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Earnings Yield | 0.8% | 1.2% | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — |
| Shares Outstanding | — | $13M | $13M | $13M | $51M |
Liquidation and deal execution
As reported in recent financial statements, CEP trades at an EV/EBITDA of 95.78, a valuation multiple that appears disconnected from fundamental performance and instead reflects market pricing of the sponsor's ability to secure a high-quality merger target before the looming liquidation deadline forces a capital return.
The elevated P/E of 118.92 and EV/EBITDA suggest that investors are paying a significant premium for the 'Cantor' brand rather than any underlying operational value. This valuation is highly sensitive to the probability of a successful de-SPAC transaction, and any delay in deal flow may lead to a rapid compression of these multiples toward the trust account's net asset value.
Based on the provided financial data, CEP's ROIC has consistently trended in negative territory, reaching -0.9% in 2025Q2, which underscores the firm's inability to generate productive returns on invested capital while it remains in a dormant, pre-operational state as a shell vehicle.
The negative return profile is an inherent feature of the SPAC model, where capital is locked in low-yield trust accounts while administrative expenses continue to erode the equity base. Investors should monitor whether the sponsor can pivot toward a target that offers immediate accretive returns, as the current trajectory indicates a steady decay of shareholder value.
According to the 2025Q3 balance sheet, CEP's current ratio has plummeted to 0.13, a figure that highlights a precarious liquidity position and suggests that the company is almost entirely reliant on external sponsor support to meet its ongoing administrative and regulatory obligations.
The minimal cash balance of $25,000 leaves virtually no margin for error, implying that any unexpected legal or listing costs could necessitate further dilutive financing. This liquidity profile warrants close scrutiny, as it limits management's flexibility and increases the urgency to finalize a merger before the current runway is exhausted.
As indicated by the firm's 118.92 P/E ratio, the most commonly misapplied metric for CEP is the Price-to-Earnings ratio, which obscures the reality that the company currently lacks any operational revenue and is essentially a vehicle for capital deployment rather than a traditional profit-generating business.
Using P/E to evaluate a shell company is fundamentally flawed because it ignores the non-cash nature of warrant liabilities and the absence of core operating income. Analysts should instead focus on the Net Asset Value per share and the sponsor's historical success rate in closing transactions, as these are the true drivers of value in the SPAC ecosystem.
Includes 30+ ratios · 4 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 CEP stock.
Cantor Equity Partners, Inc. Class A Ordinary Shares's current P/E ratio is 118.9x. The historical average is 86.6x. This places it at the 100th percentile of its historical range.
Cantor Equity Partners, Inc. Class A Ordinary Shares's current EV/EBITDA is 95.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 86.7x.
Cantor Equity Partners, Inc. Class A Ordinary Shares's return on equity (ROE) is 3.0%. The historical average is 3.0%.
Based on historical data, Cantor Equity Partners, Inc. Class A Ordinary Shares is trading at a P/E of 118.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Cantor Equity Partners, Inc. Class A Ordinary Shares's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.