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DUOTDuos Technologies Group, Inc.
$9.49$174M
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  4. Financial Ratios

Duos Technologies Group, Inc. (DUOT) Financial Ratios

Latest Ratios: P/E Ratio -14.8x · EV/EBITDA N/A · ROE -38.7%. (2007–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

DUOT Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$174M$172M$46M$21M$12M$19M$14M$12M$10M$2M$999654
Enterprise Value$163M$161M$49M$24M$17M$23M$12M$13M$9M$138031$3M
P/E Ratio →-14.83——————————
P/S Ratio6.446.366.352.800.822.291.750.870.860.500.16
P/B Ratio2.993.5420.463.893.0524.257.47——3.13—
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

DUOT EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—5.966.673.151.102.821.490.980.770.040.48
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

DUOT Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin29.3%29.3%6.4%17.5%31.6%24.7%2.9%47.5%43.2%40.9%55.2%
Operating Margin-36.1%-36.1%-150.9%-153.2%-45.7%-90.3%-82.5%-17.6%-13.0%-88.6%-28.6%
Net Profit Margin-36.4%-36.4%-147.8%-150.5%-45.7%-72.7%-83.9%-18.1%-13.1%-132.6%-42.0%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-38.7%-38.7%-282.2%-238.8%-284.1%-450.9%-768.3%—-700.2%-827.7%—
ROA-20.0%-20.0%-45.0%-86.7%-60.8%-75.6%-113.0%-49.3%-43.0%-255.8%-207.4%
ROIC-34.7%-34.7%-131.8%-105.7%-77.0%-230.1%-879.2%-5340.2%———
ROCE-27.4%-27.4%-77.2%-125.9%-97.1%-179.4%-452.2%-1462.5%-639.9%-520.4%—

DUOT Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.100.103.770.941.326.670.98——0.21—
Debt / EBITDA———————————
Net Debt / Equity—-0.221.000.491.045.52-1.13——-2.91—
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage-22.23-22.23-36.62-1569.29-745.90-295.47-43.94-34.64-91.02-0.14-3.56

Net cash position: cash ($15M) exceeds total debt ($5M)

DUOT Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.082.080.501.931.520.831.600.890.901.250.20
Quick Ratio2.052.050.471.461.200.761.570.890.901.250.27
Cash Ratio1.391.390.390.750.250.231.090.010.260.880.03
Asset Turnover—0.430.210.581.150.871.262.472.681.365.25
Inventory Turnover62.4162.4111.254.047.1920.8569.41————
Days Sales Outstanding—92.0052.10102.8193.4676.9861.17106.6983.2367.8543.86

DUOT Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield—————————16.4%—
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.1%0.0%0.0%14.8%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.1%0.0%16.4%14.8%
Shares Outstanding—$15M$8M$7M$6M$4M$3M$2M$1M$257601$134543

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

High customer concentration dependency

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Pricing Ignores Operational Losses

Based on reported figures, the company trades at a price-to-sales ratio of 7.77, which appears disconnected from its negative operating margins and suggests that investors are pricing in a successful transition to a high-margin software model that has yet to materialize in the financial statements.

The forward P/E of 7.80 implies an expectation of rapid earnings inflection, yet this valuation remains speculative given the historical volatility of project-based revenue. Investors should monitor whether the current premium is justified by backlog conversion or if it reflects an over-optimistic assessment of the company's ability to scale its AI platform.

Capital Compounding Remains Fundamentally Negative

As reported in financial statements, the company's ROIC has remained consistently negative, reaching -4.7% in 2026Q1, which indicates that the firm is currently destroying shareholder value rather than compounding it through its heavy investments in railcar inspection hardware and proprietary AI development.

The persistent negative returns on invested capital suggest that the cost of deploying physical assets significantly outweighs the incremental profit generated by the software layer. This trend warrants further investigation into whether the company can achieve a positive ROIC without a fundamental shift in its capital-intensive deployment strategy.

Working Capital Cycles Indicate Instability

According to recent SEC filings, the cash conversion cycle has exhibited extreme volatility, swinging from 259 days in 2024Q1 to -123 days in 2026Q1, reflecting the inherent difficulty in managing receivables and payables within a business model dominated by lumpy, project-based rail infrastructure installations.

The erratic nature of the CCC suggests that the company lacks consistent leverage over its suppliers or customers, making liquidity planning highly unpredictable. Analysts should view these fluctuations as a sign of operational friction rather than improved working capital management, as the negative cycle may be driven by timing differences in milestone payments.

Liquidity Buffers Mask Structural Fragility

Based on the provided quarterly data, the current ratio of 3.40 in 2026Q1 provides a superficial appearance of strength, yet this liquidity is heavily dependent on the timing of project-based cash inflows and does not account for the ongoing cash burn required to sustain operations.

While the current ratio appears adequate compared to historical lows, the company's reliance on external financing to bridge operational gaps remains a critical vulnerability. Investors should monitor the quick ratio closely, as any delay in customer acceptance certificates could rapidly erode the firm's ability to meet its short-term obligations.

Revenue Multiples Obscure Margin Realities

The P/S ratio is the most commonly misapplied metric for this business model, as it fails to distinguish between low-margin hardware pass-through revenue and high-margin AI subscription income, thereby masking the true earning power of the company's proprietary software platform.

Analysts should instead focus on the ratio of software-to-hardware revenue and the gross margin expansion, as these metrics provide a clearer picture of the company's transition toward a sustainable SaaS profile. Relying on top-line multiples in a business undergoing such a structural pivot may lead to a significant mispricing of the underlying software value.

Download Financial Ratios Data

Includes 30+ ratios · 19 years · Updated daily

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DUOT — Frequently Asked Questions

Quick answers to the most common questions about buying DUOT stock.

What is Duos Technologies Group, Inc.'s P/E ratio?

Duos Technologies Group, Inc.'s current P/E ratio is -14.8x. This places it at the 50th percentile of its historical range.

What is Duos Technologies Group, Inc.'s ROE?

Duos Technologies Group, Inc.'s return on equity (ROE) is -38.7%. The historical average is -211.5%.

Is DUOT stock overvalued?

Based on historical data, Duos Technologies Group, Inc. is trading at a P/E of -14.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Duos Technologies Group, Inc.'s profit margins?

Duos Technologies Group, Inc. has 29.3% gross margin and -36.1% operating margin.