Latest Ratios: P/E Ratio -0.2x · EV/EBITDA N/A · ROE -1629.9%. (2005–2024 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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2M | $3.7B | $11.8B | $23.4B | $107.5B | $101.1B | $23.4B | $43.3B | $37.0B | $44.9B | $54.9B |
| Enterprise Value | $11M | $3.7B | $11.8B | $23.4B | $107.4B | $101.1B | $23.4B | $43.3B | $37.0B | $44.9B | $54.9B |
| P/E Ratio → | -0.23 | — | — | — | 4220.91 | — | — | — | — | — | — |
| P/S Ratio | 0.12 | 189.97 | 418.01 | 633.52 | 5019.08 | 9615.43 | 2242.65 | 3832.34 | 2535.65 | 2709.90 | 2738.74 |
| P/B Ratio | — | — | 1031.41 | 645.19 | 1923.91 | 7042.45 | — | — | 42794.53 | 5790.81 | 2924.87 |
| 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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 190.39 | 418.33 | 633.48 | 5017.68 | 9615.11 | 2243.43 | 3832.84 | 2535.94 | 2709.90 | 2738.40 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | 4203.74 | — | — | — | — | — | — |
| 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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.9% | 27.9% | 20.4% | 6.3% | 26.4% | 38.6% | 31.0% | 35.1% | 31.2% | 32.0% | 41.7% |
| Operating Margin | -77.4% | -77.4% | -78.7% | -80.3% | -68.9% | -72.9% | -115.2% | -93.5% | -76.8% | -75.3% | -38.0% |
| Net Profit Margin | -101.0% | -101.0% | -90.9% | -52.1% | 119.0% | -25.0% | -95.8% | -137.7% | -84.0% | -76.7% | -60.1% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1629.9% | -1629.9% | -107.5% | -41.8% | 72.6% | -65.3% | — | — | -284.3% | -95.9% | -96.2% |
| ROA | -53.1% | -53.1% | -49.5% | -27.6% | 49.1% | -17.7% | -86.1% | -113.0% | -76.6% | -60.1% | -56.9% |
| ROIC | -114.7% | -114.7% | -60.4% | -73.6% | -59.8% | -89.5% | -301.6% | -171.7% | -129.2% | -94.5% | -54.7% |
| ROCE | -135.2% | -135.2% | -65.8% | -57.7% | -38.3% | -80.2% | -204.8% | -165.7% | -132.8% | -72.8% | -52.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | 0.87 | 0.05 | 0.04 | 0.07 | — | — | 4.95 | 0.52 | 0.00 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | 0.81 | -0.05 | -0.53 | -0.23 | — | — | 4.89 | 0.02 | -0.37 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -3.98 | -3.98 | -7.10 | -799.37 | -516.12 | -20.31 | -277.43 | -7.72 | -15.26 | -43.86 | -27.00 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.35 | 0.35 | 0.69 | 1.85 | 2.44 | 4.79 | 1.11 | 2.88 | 1.17 | 3.35 | 7.25 |
| Quick Ratio | 0.26 | 0.26 | 0.52 | 1.34 | 2.02 | 2.59 | 0.34 | 1.36 | 0.30 | 1.43 | 3.68 |
| Cash Ratio | 0.02 | 0.02 | 0.03 | 0.26 | 1.39 | 1.17 | 0.05 | 0.78 | 0.01 | 0.78 | 2.31 |
| Asset Turnover | — | 0.71 | 0.60 | 0.65 | 0.26 | 0.51 | 1.17 | 0.79 | 1.11 | 0.88 | 0.85 |
| Inventory Turnover | 5.48 | 5.48 | 5.85 | 5.07 | 1.63 | 0.79 | 1.37 | 1.05 | 1.15 | 1.18 | 1.10 |
| Days Sales Outstanding | — | 101.16 | 60.63 | 60.36 | 80.95 | 112.31 | 56.99 | 73.54 | 58.03 | 62.99 | 63.99 |
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 0.1% | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 0.0% | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $4M | $3M | $3M | $3M | $1M | $573930 | $403662 | $348714 | $267352 | $217000 |
Imminent liquidity and dilution
Based on reported figures, DGLY trades at a P/S multiple of 0.12, a valuation level that suggests the market heavily discounts the company's future earnings potential due to persistent negative margins and the lack of a clear, scalable path to profitability across its disparate business segments.
The current P/S multiple reflects a deep conglomerate discount, as investors appear to struggle with valuing a business that combines hardware manufacturing with volatile ticketing and RCM services. Given the absence of positive P/E or EV/EBITDA metrics, the valuation is essentially a bet on asset liquidation or a potential turnaround that remains unsupported by current financial performance.
As reported in financial statements, the company's operating margin of -72.7% in 2025Q2 highlights a severe inability to achieve the necessary scale to cover fixed costs, with gross margins failing to provide a sufficient buffer against the high overhead inherent in its current business model.
The extreme volatility in gross margins, which swung from 44.6% in 2024Q4 to -11.2% in 2025Q2, suggests that the company lacks consistent pricing power and is highly susceptible to inventory obsolescence. This lack of margin stability indicates that the core business is not yet optimized for sustainable profitability, regardless of the segment mix.
According to recent SEC filings, DGLY's ROIC has remained consistently negative, reaching -27.2% in 2025Q2, which indicates that the company is actively destroying shareholder value rather than compounding capital through its various operational pivots and acquisitions.
The persistent negative ROIC is a direct consequence of the company's inability to generate operating income from its invested capital base. This trend suggests that management's capital allocation strategy has failed to yield returns that exceed the cost of capital, further straining the company's long-term financial viability.
Based on DGLY's reported figures, the cash conversion cycle has remained highly erratic, with DSO reaching 299 days in 2025Q2, signaling significant difficulty in collecting receivables and managing the liquidity required to sustain its diverse operational footprint.
The extremely high DSO and DIO metrics suggest that the company is struggling to convert its sales into cash, which exacerbates the pressure on its already limited liquidity. Investors should monitor these efficiency ratios closely, as they reveal a structural inability to manage working capital effectively in a competitive market.
As indicated by the company's balance sheet, the current ratio of 1.01 and a quick ratio of 0.75 in 2025Q2 suggest that DGLY possesses minimal cushion to meet its short-term obligations, leaving the firm highly vulnerable to any further deterioration in cash flow.
The reliance on current assets, which may include potentially illiquid inventory, to cover short-term liabilities is a major concern given the company's history of cash burn. This liquidity profile warrants extreme caution, as the company appears to have little room for error before requiring external financing or facing potential insolvency.
Analysts frequently misapply top-line revenue growth as a primary indicator of health for DGLY, ignoring that the company's business model is currently characterized by negative margins where increased sales volume often leads to greater cash burn rather than improved profitability.
Focusing on revenue growth obscures the underlying reality that the company's cost structure is not yet optimized for scale. Instead of revenue, investors should prioritize monitoring the cash burn rate and the efficiency of the cash conversion cycle, as these metrics provide a more accurate assessment of the company's survival prospects.
Includes 30+ ratios · 20 years · Updated daily
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Quick answers to the most common questions about buying DGLY stock.
Digital Ally, Inc.'s current P/E ratio is -0.2x. This places it at the 50th percentile of its historical range.
Digital Ally, Inc.'s return on equity (ROE) is -1629.9%. The historical average is -65.7%.
Based on historical data, Digital Ally, Inc. is trading at a P/E of -0.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Digital Ally, Inc. has 27.9% gross margin and -77.4% operating margin.