Latest Ratios: P/E Ratio 165.9x · EV/EBITDA 10.4x · ROE N/A. (2003–2025 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 | $2.3B | $1.2B | $2.4B | $1.6B | $1.0B | $2.8B | $2.1B | $2.9B | $4.7B | $3.0B | $3.1B |
| Enterprise Value | $3.8B | $2.7B | $3.9B | $3.2B | $2.5B | $4.5B | $3.7B | $4.0B | $5.6B | $3.9B | $3.8B |
| P/E Ratio → | 165.93 | 81.03 | 13.63 | — | — | — | 25.45 | 30.30 | 106.59 | — | 56.39 |
| P/S Ratio | 0.69 | 0.35 | 0.72 | 0.51 | 0.35 | 1.09 | 0.85 | 1.05 | 1.80 | 1.39 | 1.71 |
| P/B Ratio | — | — | — | — | — | — | — | 14.76 | 25.93 | 24.52 | 13.21 |
| P/FCF | 16.09 | 8.31 | 8.00 | 83.37 | 10.13 | 17.00 | 8.69 | 13.59 | 51.75 | 65.62 | 21.81 |
| P/OCF | 7.82 | 4.04 | 6.75 | 11.99 | 4.62 | 10.63 | 6.26 | 8.69 | 24.28 | 18.87 | 12.36 |
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 | — | 0.79 | 1.18 | 1.04 | 0.88 | 1.76 | 1.49 | 1.46 | 2.16 | 1.83 | 2.13 |
| EV / EBITDA | 10.36 | 7.29 | 9.73 | 14.51 | 11.35 | 15.24 | 16.55 | 11.91 | 17.12 | 34.74 | 18.13 |
| EV / EBIT | 16.82 | 12.62 | 15.65 | 38.61 | 23.27 | 81.01 | 47.01 | 21.14 | 46.87 | — | 36.53 |
| EV / FCF | — | 18.48 | 13.13 | 170.22 | 25.26 | 27.28 | 15.19 | 18.97 | 62.01 | 86.87 | 27.19 |
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 | 47.5% | 47.5% | 48.5% | 46.7% | 48.3% | 49.5% | 49.7% | 49.1% | 50.6% | 51.5% | 57.3% |
| Operating Margin | 6.6% | 6.6% | 7.5% | 1.9% | 1.6% | 4.8% | 2.3% | 5.9% | 6.1% | -2.1% | 4.4% |
| Net Profit Margin | 0.4% | 0.4% | 5.3% | -6.0% | -1.9% | -3.3% | 3.4% | 3.5% | 1.7% | -3.4% | 3.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | 50.7% | 29.1% | -40.7% | 20.2% |
| ROA | 0.8% | 0.8% | 9.3% | -9.2% | -2.5% | -4.3% | 4.5% | 5.4% | 2.6% | -4.6% | 3.9% |
| ROIC | 17.8% | 17.8% | 18.4% | 4.0% | 2.9% | 7.2% | 3.3% | 10.1% | 10.8% | -3.3% | 6.5% |
| ROCE | 18.6% | 18.6% | 20.3% | 4.3% | 3.1% | 8.6% | 4.2% | 13.0% | 13.1% | -3.9% | 7.3% |
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 | — | — | — | — | — | — | — | 6.03 | 5.38 | 8.15 | 3.59 |
| Debt / EBITDA | 4.65 | 4.65 | 4.32 | 8.00 | 8.04 | 6.36 | 7.28 | 3.48 | 2.97 | 8.72 | 3.95 |
| Net Debt / Equity | — | — | — | — | — | — | — | 5.84 | 5.14 | 7.94 | 3.26 |
| Net Debt / EBITDA | 4.01 | 4.01 | 3.80 | 7.40 | 6.80 | 5.74 | 7.08 | 3.38 | 2.83 | 8.50 | 3.58 |
| Debt / FCF | — | 10.16 | 5.13 | 86.85 | 15.12 | 10.27 | 6.50 | 5.38 | 10.26 | 21.24 | 5.38 |
| Interest Coverage | 1.84 | 1.84 | 2.07 | 0.73 | 1.09 | 0.47 | 1.04 | 3.01 | 2.25 | -0.80 | 2.73 |
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 | 0.66 | 0.66 | 0.69 | 0.68 | 0.90 | 0.83 | 0.51 | 0.46 | 0.50 | 0.55 | 0.60 |
| Quick Ratio | 0.51 | 0.51 | 0.54 | 0.52 | 0.72 | 0.72 | 0.35 | 0.33 | 0.37 | 0.44 | 0.54 |
| Cash Ratio | 0.31 | 0.31 | 0.31 | 0.26 | 0.47 | 0.53 | 0.09 | 0.07 | 0.09 | 0.06 | 0.25 |
| Asset Turnover | — | 1.73 | 1.74 | 1.66 | 1.33 | 1.18 | 1.37 | 1.47 | 1.57 | 1.27 | 1.22 |
| Inventory Turnover | 15.82 | 15.82 | 17.47 | 15.21 | 11.78 | 18.56 | 15.58 | 21.13 | 21.12 | 22.25 | 42.08 |
| Days Sales Outstanding | — | 7.32 | 7.16 | 7.98 | 8.08 | 7.18 | 5.09 | 8.05 | 7.83 | 8.31 | 6.60 |
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 | 0.6% | 1.2% | 7.3% | — | — | — | 3.9% | 3.3% | 0.9% | — | 1.8% |
| FCF Yield | 6.2% | 12.0% | 12.5% | 1.2% | 9.9% | 5.9% | 11.5% | 7.4% | 1.9% | 1.5% | 4.6% |
| Buyback Yield | 3.3% | 6.5% | 6.6% | 0.0% | 0.3% | 0.1% | 29.6% | 1.9% | 2.0% | 1.7% | 5.0% |
| Total Shareholder Yield | 3.3% | 6.5% | 6.6% | 0.0% | 0.3% | 0.1% | 29.6% | 1.9% | 2.0% | 1.7% | 5.0% |
| Shares Outstanding | — | $26M | $27M | $26M | $26M | $26M | $28M | $32M | $32M | $31M | $33M |
High leverage and liquidity
According to recent market data, Cimpress trades at a forward P/E of 23.47, a multiple that appears to price in significant future margin expansion despite the company's historical TTM P/E of 158.64, which suggests investors are currently struggling to reconcile the firm's growth trajectory with its thin profitability.
The wide disparity between trailing and forward multiples indicates that the market is betting on a successful transition to a higher-margin marketing services model. However, given the volatility in net income, this valuation may be overly optimistic if the company fails to achieve consistent operating leverage through its Mass Customization Platform.
Based on reported figures, the company's ROIC has fluctuated between 2.9% and 8.4% over the last ten quarters, a range that suggests Cimpress is struggling to consistently generate returns above its cost of capital, particularly when compared to more efficient peers in the advertising and printing space.
The inability to sustain an ROIC above the mid-single digits highlights the heavy capital intensity required to maintain the global manufacturing footprint. Investors should monitor whether the recent acceleration in revenue can finally drive a meaningful and durable expansion in capital returns.
As reported in financial statements, the company's cash conversion cycle has remained consistently negative, reaching -32 days in 2026Q3, which indicates that Cimpress effectively utilizes customer prepayments to fund its operations, though this advantage is frequently offset by high inventory and accounts receivable management challenges.
While a negative CCC is a structural benefit of the e-commerce model, the extreme swings in working capital suggest that the company's cash flow is highly sensitive to the timing of large-scale promotional campaigns. This operational complexity warrants caution, as it masks the underlying efficiency of the core manufacturing process.
According to recent SEC filings, the company's interest coverage ratio has been highly unstable, dropping to 2.04 in 2026Q3 from a peak of 3.84 in 2025Q2, which underscores the significant risk posed by the firm's substantial debt load in a volatile interest rate environment.
The combination of high debt-to-EBITDA ratios and a persistent negative equity position suggests that the balance sheet is structurally vulnerable. Any further deterioration in operating margins could severely limit the company's ability to service its debt without resorting to further restructuring or capital market intervention.
The most commonly misapplied metric for Cimpress is the debt-to-equity ratio, which is rendered effectively meaningless by the company's persistent negative equity position, thereby obscuring the true extent of financial risk and complicating standard fundamental comparisons with less leveraged industry peers.
Analysts should instead focus on debt-to-EBITDA and interest coverage ratios to assess solvency, as these metrics better capture the company's ability to manage its obligations. Relying on equity-based ratios in this context may lead to a fundamental misunderstanding of the firm's actual financial health and risk profile.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying CMPR stock.
Cimpress plc's current P/E ratio is 165.9x. The historical average is 44.3x. This places it at the 100th percentile of its historical range.
Cimpress plc's current EV/EBITDA is 10.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 18.1x.
Based on historical data, Cimpress plc is trading at a P/E of 165.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Cimpress plc has 47.5% gross margin and 6.6% operating margin.
Cimpress plc's Debt/EBITDA ratio is 4.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.