Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -68.7%. (2013–2025 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 | $2M | $3M | $916M | $812M | $95.6B | $12.7B | $964M | $298M | $1.0B | $2.2B | $1.2B |
| Enterprise Value | $10M | $10M | $930M | $849M | $95.6B | $12.7B | $967M | $305M | $1.0B | $2.2B | $1.2B |
| P/E Ratio → | -0.07 | — | — | — | — | 4575.22 | — | — | — | — | — |
| P/S Ratio | 0.05 | 0.07 | 27.51 | 22.76 | 2813.66 | 1570.51 | 138411.43 | 12580.16 | 51973.26 | 6766.02 | 1683.34 |
| P/B Ratio | 0.07 | 0.12 | 24.80 | — | 6233.30 | — | — | — | — | — | — |
| 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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.22 | 27.90 | 23.80 | 2814.13 | 1571.44 | 138907.45 | 12880.43 | 52099.07 | 6764.75 | 1682.96 |
| EV / EBITDA | — | — | — | — | — | — | 243.11 | — | — | — | — |
| EV / EBIT | — | — | — | — | — | 1425.13 | — | — | — | — | — |
| 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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.9% | 6.9% | 39.0% | 40.6% | 36.6% | 35.3% | 81.6% | 85.1% | 94.9% | 99.8% | 74.3% |
| Operating Margin | -42.9% | -42.9% | -55.5% | -26.1% | -24.7% | -36.2% | -16660.1% | -14535.9% | -70850.2% | -11528.5% | -1938.8% |
| Net Profit Margin | -46.3% | -46.3% | -71.8% | -75.5% | -103.1% | -20.2% | -211235.8% | -144576.3% | -81729.0% | -13904.7% | -2569.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -68.7% | -68.7% | -147.2% | -495.0% | -228.5% | — | — | — | — | — | — |
| ROA | -36.5% | -36.5% | -43.7% | -61.3% | -88.0% | -8.5% | -28925.7% | -11978.5% | -1019.2% | -2692.2% | -2497.4% |
| ROIC | -36.0% | -36.0% | -33.5% | -21.8% | -80.8% | — | — | — | — | — | — |
| ROCE | -54.1% | -54.1% | -56.7% | -40.8% | -1442.1% | — | — | — | — | — | — |
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 | 0.31 | 0.31 | 0.43 | — | 1.10 | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | 0.87 | — | — | — | — |
| Net Debt / Equity | — | 0.28 | 0.36 | — | 1.04 | — | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | 0.87 | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -7.05 | -7.05 | -3.46 | -2.03 | -0.03 | 0.85 | -1.86 | -5.94 | -7.12 | -66.28 | -3.69 |
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 | 0.21 | 0.21 | 0.36 | 0.12 | 0.07 | 0.06 | 0.00 | 0.00 | 0.01 | 0.09 | 0.22 |
| Quick Ratio | 0.11 | 0.11 | 0.23 | 0.11 | 0.06 | 0.05 | 0.00 | 0.00 | 0.01 | 0.09 | 0.22 |
| Cash Ratio | 0.04 | 0.04 | 0.12 | 0.07 | 0.04 | 0.05 | 0.00 | 0.00 | 0.00 | 0.09 | 0.22 |
| Asset Turnover | — | 0.85 | 0.53 | 0.77 | 0.82 | 0.21 | 0.07 | 7.66 | 0.03 | 0.12 | 0.97 |
| Inventory Turnover | 19.39 | 19.39 | 7.03 | 105.70 | 113.57 | 13.75 | — | — | — | — | — |
| Days Sales Outstanding | — | 8.74 | 13.74 | 6.61 | 2.31 | — | — | — | — | — | 1.72 |
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 | 100.0% | 96.0% | 2.6% | — | — | — | 9.9% | — | — | — | — |
| 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 | — | — | — | — | — | 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 | 100.0% | 96.0% | 2.6% | 0.0% | 0.0% | 0.0% | 9.9% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $596352 | $12M | $87081 | $7M | $54666 | $30909 | $12817 | $3464 | $2160 | $1181 |
Liquidity and solvency constraints
Based on reported figures, GWAV trades at a P/S multiple of 0.06, which suggests the market is heavily discounting the company's equity due to persistent net losses and the absence of positive EBITDA, rather than pricing in any meaningful growth or long-term earnings potential.
The extremely low P/S ratio indicates that investors are assigning minimal value to the company's revenue stream, likely due to the lack of a clear path to profitability. Given the negative P/E and lack of positive EBITDA, traditional valuation metrics fail to capture the company's fundamental risk profile, leaving the stock priced more like a distressed asset than a growth-oriented industrial firm.
As reported in financial statements, the company's ROIC of -12.1% in 2025Q4 highlights a persistent inability to generate returns on invested capital, suggesting that the capital deployed into its regional scrap processing facilities is currently destroying rather than creating shareholder value.
The negative ROIC trend over the last ten quarters indicates that the company's operational model is fundamentally inefficient at converting capital into profit. Without a significant improvement in margins or a reduction in the asset base, the company appears to be trapped in a cycle of capital consumption that necessitates further external financing.
According to recent SEC filings, the company's cash conversion cycle has fluctuated significantly, reaching 10 days in 2025Q4, which indicates that management struggles to maintain consistent control over inventory turnover and trade payables in a highly transactional, commodity-sensitive business environment.
The volatility in the CCC suggests that the company's operational efficiency is highly susceptible to external supply chain disruptions and shifts in scrap metal demand. Investors should monitor whether the company can stabilize these metrics, as the current inconsistency complicates cash flow forecasting and increases the risk of liquidity shortfalls.
Based on the most recent quarterly filings, the current ratio has deteriorated to 0.21, signaling a severe liquidity constraint that leaves the company with limited flexibility to meet its short-term obligations without relying on external capital injections or further asset liquidation.
The low quick ratio of 0.11 further underscores the company's dependence on inventory turnover to generate cash, which is inherently risky given the volatility of scrap metal prices. This liquidity position appears precarious and warrants close monitoring, as it suggests the company may face significant challenges in funding its ongoing operations.
As highlighted by the company's financial data, the P/S ratio is frequently misapplied to GWAV, as it obscures the structural inability of the firm to convert top-line revenue into operating profit, making it a poor proxy for the company's actual financial health.
Investors often focus on revenue growth as a sign of success, but in this business model, high volume without margin control is counterproductive. A more appropriate metric would be the 'spread per ton' or 'operating margin per facility,' which would better reflect the unit economics and the true viability of the company's regional processing strategy.
Includes 30+ ratios · 13 years · Updated daily
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Quick answers to the most common questions about buying GWAV stock.
Greenwave Technology Solutions, Inc.'s current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.
Greenwave Technology Solutions, Inc.'s return on equity (ROE) is -68.7%. The historical average is -234.8%.
Based on historical data, Greenwave Technology Solutions, Inc. is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Greenwave Technology Solutions, Inc.'s current dividend yield is 100.00%.
Greenwave Technology Solutions, Inc. has 6.9% gross margin and -42.9% operating margin.