Latest Ratios: P/E Ratio -0.3x · EV/EBITDA N/A · ROE -16.3%. (2001–2025 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 | $3M | $2M | $7M | $38M | $39M | $139M | $272M | $72M | $13M | $117M | $131M |
| Enterprise Value | $3M | $1M | $3M | $23M | $17M | $90M | $264M | $73M | $51M | $158M | $174M |
| P/E Ratio → | -0.25 | — | — | — | — | — | 3.06 | — | — | — | — |
| P/S Ratio | 0.78 | 0.40 | 3.01 | 1.76 | 1.63 | 5.55 | 737.14 | 76.54 | 14.73 | 11.14 | 3.82 |
| P/B Ratio | 0.03 | 0.03 | 0.52 | 0.90 | 0.59 | 1.72 | 31.13 | — | — | 3.54 | 0.77 |
| P/FCF | — | — | — | — | — | — | — | — | — | 4.93 | — |
| P/OCF | — | — | — | — | — | — | — | — | — | 4.93 | — |
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 | — | 0.28 | 1.27 | 1.07 | 0.73 | 3.60 | 717.15 | 78.07 | 57.52 | 15.09 | 5.06 |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | 22.73 |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | 66.26 |
| EV / FCF | — | — | — | — | — | — | — | — | — | 6.67 | — |
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 | 6.7% | 6.7% | 58.9% | 5.2% | 22.6% | 7.2% | 90.5% | 47.8% | -9.7% | 16.6% | 26.7% |
| Operating Margin | -888.0% | -888.0% | -1571.4% | -108.7% | -70.4% | -52.7% | -4080.7% | -805.8% | -21438.4% | -947.0% | 6.5% |
| Net Profit Margin | -120.6% | -120.6% | -1527.2% | -155.1% | -57.1% | -54.3% | 24118.3% | -2680.7% | -19129.4% | -980.4% | -15.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -16.3% | -16.3% | -119.8% | -62.3% | -18.6% | -30.4% | 1018.5% | — | — | -101.0% | -3.0% |
| ROA | -11.7% | -11.7% | -75.9% | -46.1% | -15.4% | -25.3% | 134.8% | -28.2% | -134.1% | -45.4% | -2.0% |
| ROIC | -97.5% | -97.5% | -141.0% | -49.5% | -33.1% | -59.6% | — | — | -1116.8% | -51.8% | 0.8% |
| ROCE | -117.5% | -117.5% | -121.1% | -43.0% | -22.3% | -28.3% | -166.7% | — | -2061.0% | -77.0% | 1.2% |
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 | 0.04 | 0.04 | 0.09 | 0.05 | 0.07 | 0.02 | 0.24 | — | — | 1.39 | 0.26 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | 5.73 |
| Net Debt / Equity | — | -0.01 | -0.30 | -0.36 | -0.33 | -0.61 | -0.84 | — | — | 1.25 | 0.25 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | 5.58 |
| Debt / FCF | — | — | — | — | — | — | — | — | — | 1.75 | — |
| Interest Coverage | -228.78 | -228.78 | -314.65 | -36792.24 | — | -791.38 | -80.35 | -20.22 | -115.77 | -32.17 | 1.58 |
Net cash position: cash ($2M) exceeds total debt ($2M)
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 | 6.18 | 6.18 | 1.58 | 3.07 | 3.50 | 10.06 | 2.26 | 0.49 | 0.21 | 0.53 | 1.32 |
| Quick Ratio | 6.18 | 6.18 | 1.58 | 3.07 | 3.30 | 10.06 | 2.26 | 0.49 | 0.21 | 0.51 | 1.28 |
| Cash Ratio | 0.29 | 0.29 | 0.37 | 1.04 | 1.46 | 7.26 | 1.36 | 0.00 | 0.00 | 0.04 | 0.01 |
| Asset Turnover | — | 0.07 | 0.08 | 0.36 | 0.28 | 0.27 | 0.02 | 0.01 | 0.01 | 0.05 | 0.13 |
| Inventory Turnover | — | — | — | — | 4.91 | — | — | 0.31 | 15.47 | 4.16 | 8.30 |
| Days Sales Outstanding | — | 1094.83 | 1843.35 | 452.63 | 453.06 | 252.48 | 112.89 | 4.83 | 9794.75 | 1879.09 | 379.17 |
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 | — | — | — | — | — | — | 32.7% | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | 20.3% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 31.1% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 31.1% |
| Shares Outstanding | — | $2M | $2M | $2M | $2M | $2M | $3M | $3M | $432723 | $559197 | $398056 |
Imminent liquidity and solvency
According to current market data, FTFT trades at a price-to-book ratio of 0.03, which, as noted in recent financial filings, reflects deep investor skepticism regarding the company's ability to generate future economic value from its current asset base or pivot-heavy business model.
The negative P/E ratio of -0.29 underscores the absence of earnings, rendering traditional valuation multiples largely irrelevant for assessing the company's intrinsic worth. Investors appear to be pricing the equity as a distressed option rather than a going concern, given the persistent inability to translate revenue into bottom-line profitability.
Based on reported figures, the company's ROIC has remained consistently negative, including a -2.3% reading in 2026Q1, which suggests that management has failed to deploy capital in a manner that generates returns exceeding the cost of funding for its various business initiatives.
The erratic swings in ROE and ROIC over the last ten quarters highlight a lack of operational consistency and a failure to establish a compounding business model. This trend suggests that capital allocation has been primarily focused on sustaining operations rather than driving long-term value creation.
As reported in recent financial statements, the company's asset turnover ratio has hovered near zero, with a 0.00 reading in 2026Q1, indicating that the firm's asset base is largely unproductive relative to the scale of its reported revenue activities.
The extremely high DSO figures, such as the 4,818 days reported in 2026Q1, suggest significant challenges in collecting receivables, which may imply that revenue recognition is disconnected from actual cash inflows. This inefficiency in working capital management further strains the company's already limited liquidity position.
According to the latest balance sheet data, the company maintains a current ratio of 6.82, yet this figure appears misleading as it masks the underlying cash burn and the lack of liquid assets available to cover ongoing operational losses and debt obligations.
While the current ratio might appear superficially healthy, the rapid depletion of cash reserves suggests that the company is highly vulnerable to liquidity shocks. Investors should monitor the company's ability to secure external financing, as internal cash generation remains insufficient to support its current cost structure.
As evidenced by the company's financial history, the current ratio is the most commonly misapplied metric for this business model, as it obscures the reality that a significant portion of current assets may be illiquid or tied up in non-performing supply chain receivables.
Analysts should instead focus on the cash-to-burn rate and the quality of current assets, as the current ratio fails to account for the high probability of asset impairment. Relying on standard liquidity ratios in this context may lead to an overestimation of the company's financial stability.
Includes 30+ ratios · 25 years · Updated daily
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Quick answers to the most common questions about buying FTFT stock.
Future FinTech Group Inc.'s current P/E ratio is -0.3x. The historical average is 15.9x.
Future FinTech Group Inc.'s return on equity (ROE) is -16.3%. The historical average is -14.2%.
Based on historical data, Future FinTech Group Inc. is trading at a P/E of -0.3x. Compare with industry peers and growth rates for a complete picture.
Future FinTech Group Inc. has 6.7% gross margin and -888.0% operating margin.