Latest Ratios: P/E Ratio 86.9x · EV/EBITDA 182.2x · ROE 2.1%. (1996–2025 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 | $27M | $14M | $18M | $13M | $16M | $22M | $16M | $12M | $12M | $14M | $12M |
| Enterprise Value | $17M | $4M | $8M | $3M | $8M | $15M | $15M | $4M | $11M | $13M | $11M |
| P/E Ratio → | 86.88 | 47.06 | 39.77 | 47.38 | 155.33 | 52.33 | — | 66.00 | — | 45.00 | 57.67 |
| P/S Ratio | 2.67 | 1.42 | 1.89 | 1.52 | 1.72 | 2.51 | 2.14 | 1.49 | 1.54 | 1.76 | 1.66 |
| P/B Ratio | 1.79 | 0.97 | 1.24 | 0.95 | 1.16 | 1.64 | 1.28 | 0.96 | 0.91 | 1.08 | 0.95 |
| P/FCF | 45.44 | 24.11 | 227.68 | 217.11 | — | 34.45 | 53.37 | — | 117.80 | 38.91 | 62.50 |
| P/OCF | 40.98 | 21.75 | 137.67 | 100.20 | — | 28.13 | 49.34 | 81.15 | 88.81 | 29.43 | 59.95 |
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 | — | 0.38 | 0.83 | 0.37 | 0.87 | 1.74 | 2.00 | 0.43 | 1.40 | 1.63 | 1.54 |
| EV / EBITDA | 182.24 | 42.32 | 88.76 | 47.83 | 72.93 | 20.29 | 97.82 | 12.37 | 59.75 | 17.84 | 22.59 |
| EV / EBIT | 8291.99 | 10.91 | 17.92 | 8.33 | 107.90 | 32.46 | — | 19.01 | — | 27.97 | 53.22 |
| EV / FCF | — | 6.45 | 100.14 | 52.61 | — | 23.78 | 49.87 | — | 107.31 | 36.19 | 58.03 |
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 | 50.8% | 50.8% | 48.9% | 49.6% | 53.6% | 54.3% | 51.6% | 52.9% | 54.0% | 54.8% | 54.8% |
| Operating Margin | 0.0% | 0.0% | -0.0% | -0.3% | -0.4% | 5.1% | -2.7% | -0.4% | -1.9% | 5.2% | 2.4% |
| Net Profit Margin | 3.0% | 3.0% | 4.8% | 3.2% | 1.1% | 4.8% | -1.6% | 2.3% | -0.1% | 3.8% | 2.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.1% | 2.1% | 3.2% | 2.0% | 0.8% | 3.2% | -1.0% | 1.5% | -0.1% | 2.4% | 1.7% |
| ROA | 2.0% | 2.0% | 3.0% | 1.9% | 0.7% | 3.0% | -0.9% | 1.4% | -0.1% | 2.2% | 1.5% |
| ROIC | 0.0% | 0.0% | -0.1% | -0.4% | -0.5% | 3.6% | -1.9% | -0.3% | -0.9% | 2.6% | 1.1% |
| ROCE | 0.0% | 0.0% | -0.0% | -0.2% | -0.3% | 3.4% | -1.6% | -0.2% | -1.1% | 3.3% | 1.4% |
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 | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
| Debt / EBITDA | — | — | — | — | 0.06 | 0.02 | 0.12 | 0.08 | 0.16 | — | — |
| Net Debt / Equity | — | -0.71 | -0.69 | -0.72 | -0.57 | -0.51 | -0.08 | -0.68 | -0.08 | -0.08 | -0.07 |
| Net Debt / EBITDA | -115.88 | -115.88 | -113.05 | -149.55 | -70.74 | -9.10 | -6.87 | -30.31 | -5.84 | -1.34 | -1.74 |
| Debt / FCF | — | -17.66 | -127.54 | -164.50 | — | -10.67 | -3.50 | — | -10.49 | -2.72 | -4.47 |
| Interest Coverage | 58.83 | 58.83 | — | 379.00 | 73.00 | 460.00 | -56.33 | 94.00 | -17.00 | — | 205.00 |
Net cash position: cash ($11M) exceeds total debt ($0)
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 | 16.22 | 16.22 | 24.41 | 19.04 | 20.34 | 18.12 | 22.24 | 20.74 | 21.80 | 16.04 | 19.87 |
| Quick Ratio | 13.93 | 13.93 | 20.85 | 16.50 | 17.57 | 15.73 | 19.29 | 17.74 | 18.73 | 13.85 | 17.08 |
| Cash Ratio | 11.98 | 11.98 | 18.12 | 14.39 | 15.37 | 14.02 | 17.13 | 15.63 | 16.73 | 12.31 | 15.22 |
| Asset Turnover | — | 0.65 | 0.63 | 0.59 | 0.64 | 0.62 | 0.57 | 0.61 | 0.56 | 0.58 | 0.54 |
| Inventory Turnover | 2.46 | 2.46 | 2.44 | 2.46 | 2.40 | 2.36 | 2.35 | 2.30 | 2.13 | 2.28 | 2.11 |
| Days Sales Outstanding | — | 53.12 | 50.97 | 54.74 | 47.38 | 42.75 | 47.08 | 45.79 | 43.63 | 44.09 | 43.06 |
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 | 1.2% | 2.1% | 2.5% | 2.1% | 0.6% | 1.9% | — | 1.5% | — | 2.2% | 1.7% |
| FCF Yield | 2.2% | 4.1% | 0.4% | 0.5% | — | 2.9% | 1.9% | — | 0.8% | 2.6% | 1.6% |
| 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% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M |
Operating leverage scale deficiency
Based on current market data, ELSE trades at a P/E of 86.54, yet this multiple is heavily distorted by the company's massive cash position, which effectively renders the enterprise value of the underlying industrial operations negligible when compared to its $10.5 million cash-on-hand balance.
Investors should monitor that the P/E ratio is a misleading metric for this business model, as it fails to account for the fact that the company is essentially trading for its cash. The valuation gap suggests the market assigns almost no value to the firm's 50% gross margins or its established brand in the grain industry.
As reported in financial statements, ROIC has fluctuated between -3.9% and 3.3% over the last ten quarters, indicating that the company is struggling to compound returns on its invested capital due to a lack of meaningful operational growth and persistent overhead absorption challenges.
The erratic ROIC trend suggests that the company's core business is not currently generating sufficient returns to justify its capital base. This performance appears to be a direct consequence of the firm's inability to scale revenue, which leaves the return on capital highly sensitive to minor quarterly fluctuations in operating expenses.
Based on reported figures, the company's cash conversion cycle remains elevated, frequently exceeding 170 days, which reflects the inherent inefficiencies of managing inventory for specialized industrial hardware in a low-volume, project-based sales environment where inventory turnover is structurally constrained by long replacement cycles.
The high days inventory outstanding, often surpassing 140 days, suggests that the company carries significant stock to support its HazardPRO ecosystem, which may be necessary for customer service but ties up capital that could otherwise be deployed more effectively. This inefficiency warrants further investigation into whether current inventory levels are strategic or indicative of slowing demand for legacy sensor lines.
According to recent SEC filings, the company maintains a current ratio of 12.64, an exceptionally high figure that provides a massive buffer against insolvency but simultaneously highlights the underutilization of capital within the firm's current, low-growth industrial business model compared to its peers.
While this liquidity position ensures the company is immune to short-term credit shocks, it appears to be a symptom of a lack of strategic capital allocation rather than a deliberate risk-management strategy. Investors should monitor whether management continues to hold this excess cash or eventually seeks to deploy it for inorganic growth to improve long-term shareholder returns.
As evidenced by the company's financial structure, the P/E ratio is the most commonly misapplied metric for ELSE, as it obscures the company's true operational health by including interest income from a massive cash pile that is unrelated to the core industrial hardware business performance.
Analysts should instead focus on EV/EBITDA or P/S ratios to better isolate the valuation of the operating business from the balance sheet's cash component. Relying on P/E may lead to an incorrect assessment of the company's growth potential, as it conflates a stagnant industrial firm with a cash-rich investment vehicle.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying ELSE stock.
Electro-Sensors, Inc.'s current P/E ratio is 86.9x. The historical average is 34.3x. This places it at the 96th percentile of its historical range.
Electro-Sensors, Inc.'s current EV/EBITDA is 182.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 29.3x.
Electro-Sensors, Inc.'s return on equity (ROE) is 2.1%. The historical average is 4.8%.
Based on historical data, Electro-Sensors, Inc. is trading at a P/E of 86.9x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Electro-Sensors, Inc. has 50.8% gross margin and 0.0% operating margin.