Latest Ratios: P/E Ratio 27.7x · EV/EBITDA N/A · ROE 3.9%. (1993–2025 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 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $331M | $244M | $217M | — | — | — | — | — | — | — | — |
| Enterprise Value | $331M | $244M | $216M | — | — | — | — | — | — | — | — |
| P/E Ratio → | 27.68 | 27.26 | 53.16 | — | — | — | — | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — | — | — | — | — | — |
| P/B Ratio | 1.05 | 1.03 | 0.95 | — | — | — | — | — | — | — | — |
| 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 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | 2181.84 | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | 37.02 | — | — | — | — | — | — | — | — |
| 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 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | 30.9% | 28.8% | 30.6% | 24.5% | 23.6% | 23.7% | 22.6% | 22.1% |
| Operating Margin | — | — | — | 5.3% | 4.6% | 2.4% | 1.3% | 0.6% | 5.7% | 6.7% | 7.0% |
| Net Profit Margin | — | — | — | -0.2% | 3.3% | 1.0% | -0.8% | 0.1% | 1.6% | 5.0% | 1.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.9% | 3.9% | 1.0% | -0.3% | 5.8% | 1.7% | -1.6% | 0.2% | 3.0% | 9.3% | 2.9% |
| ROA | 3.7% | 3.7% | 0.5% | -0.2% | 3.2% | 0.9% | -0.8% | 0.1% | 1.8% | 6.0% | 1.9% |
| ROIC | -0.3% | -0.3% | -0.0% | 3.6% | 4.4% | 2.3% | 1.4% | 0.7% | 6.7% | 8.3% | 9.6% |
| ROCE | -0.4% | -0.4% | -0.1% | 5.1% | 6.0% | 3.0% | 2.1% | 0.9% | 8.7% | 10.5% | 12.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.83 | 0.47 | 0.29 | 0.37 | 0.64 | 0.25 | 0.13 | 0.15 |
| Debt / EBITDA | — | — | — | 4.93 | 3.42 | 2.75 | 3.58 | 8.08 | 1.56 | 0.83 | 0.85 |
| Net Debt / Equity | — | -0.00 | -0.00 | 0.70 | 0.40 | 0.13 | 0.28 | 0.35 | -0.04 | -0.14 | -0.14 |
| Net Debt / EBITDA | — | — | -8.99 | 4.15 | 2.92 | 1.27 | 2.74 | 4.47 | -0.27 | -0.91 | -0.84 |
| Debt / FCF | — | — | — | — | — | — | — | 19.50 | -0.47 | -1.16 | — |
| Interest Coverage | — | — | — | 0.88 | 3.56 | 2.43 | 1.26 | 0.33 | 17.34 | 22.89 | 11.01 |
Net cash position: cash ($230540) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.10 | 5.10 | 12.25 | 1.30 | 1.37 | 2.03 | 1.65 | 1.50 | 2.24 | 2.83 | 2.86 |
| Quick Ratio | 5.10 | 5.10 | 12.25 | 1.30 | 1.37 | 2.03 | 1.65 | 1.50 | 2.24 | 2.83 | 2.86 |
| Cash Ratio | 3.90 | 3.90 | 11.14 | 0.22 | 0.13 | 0.34 | 0.16 | 0.38 | 0.63 | 0.80 | 0.79 |
| Asset Turnover | — | — | — | 0.64 | 0.81 | 0.92 | 1.11 | 0.97 | 1.10 | 1.17 | 1.23 |
| 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 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | 16.9% | 59.7% | — | 419.9% | 31.7% | 9.3% | 32.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.6% | 3.7% | 1.9% | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $23M | $21M | $31M | $31M | $27M | $27M | $27M | $27M | $27M | $27M |
Liquidity and deal failure
According to current market data, CUB trades at a forward P/E of 3.70, a figure that appears highly misleading given the company's lack of operational revenue and the inherent uncertainty surrounding its ability to successfully execute a definitive merger agreement in the current economic environment.
The disconnect between the forward P/E and the absence of fundamental earnings suggests that market participants may be pricing in a binary outcome rather than underlying business value. Investors should monitor whether this valuation reflects genuine optimism regarding the sponsor's deal-sourcing network or merely speculative volatility common in micro-cap shell vehicles.
As reported in financial statements, the company has consistently posted a negative ROIC of -0.1% over the last several quarters, which underscores the inability of the current shell structure to generate any meaningful return on the capital deployed by shareholders and the sponsor.
The persistent failure to achieve positive returns on invested capital suggests that the entity is currently a value-destroying vehicle rather than a compounding one. This trend warrants further investigation into whether the sponsor's previous deal-making history provides any realistic expectation of future capital efficiency improvements.
Based on the 2026Q1 balance sheet, the current ratio has compressed to 1.21, a sharp decline from the 14.97 observed in 2024Q3, indicating that the company's ability to cover short-term administrative liabilities is rapidly weakening as cash reserves are consumed by ongoing compliance and legal expenses.
The rapid erosion of the current ratio suggests that the company is approaching a point of financial distress where it may require immediate sponsor bridge financing to remain a going concern. Investors should be wary of the potential for a liquidity crunch if a merger target is not identified before the current cash balance is fully depleted.
As indicated by the company's financial history, the P/E ratio is the most commonly misapplied metric for this business model, as it obscures the reality that reported net income is driven by non-cash warrant liability adjustments rather than any actual operational earning power or business growth.
Analysts should instead focus on the cash burn rate and the remaining runway of unrestricted cash to assess the viability of the shell. Relying on P/E multiples in this context may lead to a fundamental misunderstanding of the entity's risk profile and its proximity to a potential liquidation event.
Includes 30+ ratios · 30 years · Updated daily
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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 CUB stock.
Lionheart Holdings's current P/E ratio is 27.7x. The historical average is 40.2x. This places it at the 50th percentile of its historical range.
Lionheart Holdings's return on equity (ROE) is 3.9%. The historical average is 7.2%.
Based on historical data, Lionheart Holdings is trading at a P/E of 27.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.