Latest Ratios: P/E Ratio 9999.0x · EV/EBITDA 9.9x · ROE 5.1%. (1998–2025 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 | $721M | $706M | $572M | $525M | $332M | $313M | $151M | $521M | $709M | $921M | $698M |
| Enterprise Value | $1.5B | $1.21T | $788.3B | $917.4B | $250.1B | $159.9B | $508.9B | $389.0B | $282.1B | $110.9B | $103.9B |
| P/E Ratio → | 9999.00 | 7.62 | 0.01 | 0.00 | 0.00 | — | 0.04 | — | 0.12 | — | 0.13 |
| P/S Ratio | 1.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.04 |
| P/B Ratio | 0.49 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 |
| P/FCF | 9999.00 | 12.84 | — | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.04 | 0.09 | 0.20 |
| P/OCF | 9999.00 | 7.12 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.03 | 0.06 | 0.17 |
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 | — | 1.33 | 1.11 | 1.30 | 0.33 | 1.07 | 6.19 | 8.18 | 3.03 | 1.63 | 6.65 |
| EV / EBITDA | 9.87 | 5.24 | — | — | 0.70 | 4.20 | 4.51 | — | 6.78 | 9.25 | 4.91 |
| EV / EBIT | 10.34 | 7.98 | 8.47 | 8.84 | 19.07 | 1.78 | 5.13 | — | 694.91 | 10.71 | 6.19 |
| EV / FCF | — | 22060.98 | — | 9.78 | 1.77 | 6.67 | 6.03 | 11.00 | 17.72 | 10.60 | 29.36 |
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 | 39.5% | 39.5% | 41.0% | 54.6% | 44.3% | 18.8% | 42.6% | 50.5% | 35.8% | 37.1% | 43.9% |
| Operating Margin | 24.2% | 24.2% | -19.2% | -18.2% | 45.1% | 23.4% | 131.3% | -87.8% | 34.2% | 6.1% | 125.5% |
| Net Profit Margin | 10.5% | 10.5% | 11.0% | 23.0% | 38.7% | -29.6% | 11.8% | -84.7% | 6.5% | -0.9% | 33.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 5.1% | 5.1% | 4.7% | 14.6% | 95.9% | -24.9% | 6.2% | -32.1% | 7.1% | -1.4% | 20.0% |
| ROA | 2.2% | 2.2% | 2.1% | 6.4% | 35.0% | -5.6% | 1.1% | -6.3% | 1.5% | -0.3% | 4.5% |
| ROIC | 5.7% | 5.7% | -4.0% | -5.7% | 50.5% | 5.1% | 13.4% | -6.8% | 8.5% | 2.1% | 18.1% |
| ROCE | 6.4% | 6.4% | -4.5% | -6.3% | 54.8% | 5.8% | 15.8% | -7.8% | 9.7% | 2.4% | 21.6% |
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 | 0.66 | 0.66 | 0.58 | 0.59 | 0.73 | 1.18 | 3.60 | 3.76 | 2.77 | 2.75 | 3.15 |
| Debt / EBITDA | 6.32 | 6.32 | — | — | 0.91 | 5.38 | 5.86 | — | 8.21 | 11.29 | 5.55 |
| Net Debt / Equity | — | 0.55 | 0.50 | 0.51 | 0.56 | 0.92 | 2.77 | 3.05 | 2.28 | 2.24 | 2.77 |
| Net Debt / EBITDA | 5.24 | 5.24 | — | — | 0.70 | 4.20 | 4.51 | — | 6.77 | 9.17 | 4.88 |
| Debt / FCF | — | 22048.14 | — | 9.78 | 1.76 | 6.66 | 6.03 | 10.99 | 17.67 | 10.51 | 29.16 |
| Interest Coverage | 2.77 | 2.77 | 546.23 | 776.30 | 0.12 | 1.85 | 4.22 | -5.68 | 0.02 | 0.75 | 6.24 |
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 | 1.24 | 1.24 | 1.07 | 1.10 | 0.77 | 0.99 | 1.34 | 1.71 | 1.79 | 1.34 | 0.99 |
| Quick Ratio | 0.93 | 0.93 | 0.81 | 0.86 | 0.61 | 0.74 | 1.27 | 1.63 | 1.74 | 1.23 | 0.89 |
| Cash Ratio | 0.48 | 0.48 | 0.40 | 0.42 | 0.37 | 0.41 | 0.71 | 1.18 | 1.20 | 0.77 | 0.52 |
| Asset Turnover | — | 0.18 | 0.20 | 0.18 | 0.67 | 0.27 | 0.08 | 0.07 | 0.17 | 0.28 | 0.08 |
| Inventory Turnover | 1.74 | 1.74 | 2.40 | 3.43 | 8.76 | 4.24 | 2.66 | 2.31 | 11.76 | 7.63 | 1.97 |
| Days Sales Outstanding | — | 176.82 | 135.44 | 151.37 | 34.21 | 91.37 | 293.45 | 299.59 | 107.23 | 100.38 | 289.00 |
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 | 0.0% | 12.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 89.4% | 100.0% | 100.0% | 34.2% |
| Payout Ratio | 0.1% | 0.1% | 157.5% | 100.0% | 22.4% | — | 26.4% | — | 15.4% | — | 4.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.0% | 13.1% | 13717.8% | 31349.1% | 90388.4% | — | 2802.8% | — | 860.9% | — | 740.9% |
| FCF Yield | 0.0% | 7.8% | — | 17857.7% | 42645.0% | 7662.1% | 55931.5% | 6784.1% | 2246.5% | 1136.0% | 507.1% |
| Buyback Yield | 0.0% | 2.3% | 100.0% | 100.0% | 100.0% | 0.0% | 0.0% | 100.0% | 100.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 14.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 34.2% |
| Shares Outstanding | — | $66M | $70M | $69M | $69M | $54M | $53M | $53M | $53M | $53M | $55M |
Hyperinflationary Macroeconomic Volatility
Based on reported figures, CRESY trades at a P/B of 0.49, which suggests that the market is applying a significant conglomerate discount to the firm's underlying asset base, likely due to the inherent complexity of its dual-exposure model and the persistent macroeconomic instability within its primary Argentine market.
The lack of a meaningful P/E multiple, currently at 9999.00, indicates that investors are largely ignoring earnings-based valuation in favor of a sum-of-the-parts approach. This valuation gap appears to stem from the market's difficulty in reconciling the lumpy, transactional nature of agricultural land sales with the recurring, yet inflation-sensitive, cash flows from the urban property portfolio.
As reported in financial statements, the company's ROIC has fluctuated significantly, reaching a low of -20.9% in 2024Q3 and a peak of 5.4% in 2026Q1, which highlights the difficulty in compounding returns on invested capital within a highly volatile, inflation-prone agricultural and real estate environment.
The inconsistent ROIC trend suggests that the company's capital allocation is frequently disrupted by external macroeconomic shocks rather than internal operational decay. Investors should monitor whether management can stabilize these returns through more disciplined land-use conversion, as the current performance appears to be heavily influenced by non-recurring fair value adjustments.
According to recent quarterly data, the cash conversion cycle has shown extreme variability, ranging from 2 days in 2024Q2 to 287 days in 2025Q4, indicating that the company's working capital efficiency is highly susceptible to the timing of agricultural harvest cycles and local inflationary pressures on inventory management.
The extended DIO and DSO figures suggest that the company may be struggling to convert its agricultural output into cash efficiently, potentially due to the need to hold inventory as a hedge against currency devaluation. This operational friction warrants further investigation, as it directly impacts the firm's ability to maintain a consistent liquidity buffer.
Based on the provided quarterly data, the current ratio has fluctuated between 1.05 and 1.43, indicating that while the company maintains a basic liquidity buffer, its ability to cover short-term obligations remains inconsistent amidst the lumpy cash flow cycles inherent in its agricultural and urban business segments.
The quick ratio, which has hovered near 1.0, suggests that the company's liquidity is heavily dependent on its inventory position, which may be difficult to liquidate rapidly during periods of market stress. This reliance on non-cash assets for liquidity may pose a risk if the company faces a sudden need to service debt or fund operations during a downturn.
The P/E ratio is the most commonly misapplied metric for CRESY, as it fails to account for the massive non-cash fair value adjustments required by hyperinflationary accounting, which frequently distort net income and render traditional earnings-based valuation models largely irrelevant for this specific business model.
Instead of relying on P/E, analysts should focus on Net Asset Value (NAV) and the 'Land Transformation Delta' to better capture the underlying economic value of the firm's real estate and agricultural holdings. Using P/E in this context risks misinterpreting accounting noise as operational performance, potentially leading to flawed investment conclusions.
Includes 30+ ratios · 28 years · Updated daily
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Quick answers to the most common questions about buying CRESY stock.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's current P/E ratio is 9999.0x. The historical average is 15.3x. This places it at the 100th percentile of its historical range.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's current EV/EBITDA is 9.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.2x.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's return on equity (ROE) is 5.1%. The historical average is 5.6%.
Based on historical data, Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria is trading at a P/E of 9999.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's current dividend yield is 0.01% with a payout ratio of 0.1%.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria has 39.5% gross margin and 24.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria's Debt/EBITDA ratio is 6.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.