Latest Ratios: P/E Ratio N/A · EV/EBITDA -18355333.6x · ROE N/A. (1991–2018 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14M | $26M | $30M | $27M | $38M | $6M | $18M | $104M | $133M | $101M | $53M |
| Enterprise Value | $-3049573485252 | $-3049561349636 | $30M | $23M | $32M | $20M | $21M | $15M | $144M | $121M | $70M |
| P/E Ratio → | — | — | — | — | — | 41.05 | 0.40 | 1.05 | — | — | 34.64 |
| P/S Ratio | — | — | — | — | 20.76 | 1.23 | 3.66 | 20.90 | 24.17 | 18.21 | 10.91 |
| P/B Ratio | 0.00 | 0.00 | — | 0.96 | 0.87 | 0.26 | 0.66 | 1.61 | 5.56 | 6.76 | 3.60 |
| P/FCF | — | — | — | — | — | — | — | 0.65 | — | — | — |
| P/OCF | — | — | — | — | — | — | — | 0.64 | — | — | — |
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 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | 17.54 | 3.96 | 4.27 | 3.03 | 26.12 | 21.74 | 14.48 |
| EV / EBITDA | -18355333.63 | -18355260.59 | 517.63 | 807.13 | — | — | — | — | 109.66 | 120.26 | — |
| EV / EBIT | -609914697.05 | — | — | — | — | — | — | 0.09 | 1982.46 | 757.59 | — |
| EV / FCF | — | — | — | — | — | — | — | 0.09 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | 27.5% | 47.3% | 50.0% | 53.7% | 57.5% | 60.0% | 59.8% |
| Operating Margin | — | — | — | — | -126.7% | -61.3% | -312.7% | -116.1% | 7.3% | 2.8% | -39.9% |
| Net Profit Margin | — | — | — | — | -137.1% | 3.0% | 915.8% | 1985.3% | -20.4% | -19.5% | 31.5% |
| Metric | TTM | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | -7.5% | 0.6% | 99.3% | 223.2% | -5.8% | -7.3% | 11.1% |
| ROA | — | — | — | — | -4.9% | 0.3% | 49.7% | 108.6% | -2.6% | -2.8% | 4.6% |
| ROIC | 0.0% | 0.0% | — | 0.0% | -4.7% | -6.7% | -351.6% | -83.8% | 0.9% | 0.4% | -5.4% |
| ROCE | 0.0% | 0.0% | 0.0% | 0.0% | -4.7% | -7.0% | -17.6% | -6.4% | 1.0% | 0.5% | -8.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | 0.75 | 0.58 | 0.08 | 0.88 | 1.45 | 1.24 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | 16.08 | 21.65 | — |
| Net Debt / Equity | — | -0.11 | — | -0.13 | -0.14 | 0.58 | 0.11 | -1.38 | 0.45 | 1.31 | 1.18 |
| Net Debt / EBITDA | -999999.00 | -18355414.98 | 0.00 | -130.86 | — | — | — | — | 8.19 | 19.52 | — |
| Debt / FCF | — | — | — | — | — | — | — | -0.55 | — | — | — |
| Interest Coverage | 5.00 | 5.00 | — | — | — | -3.90 | -2695.20 | 167.44 | 0.06 | 0.14 | -1.76 |
Net cash position: cash ($3.05T) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 4.13 | 4.13 | — | 18.93 | 7.73 | 4.87 | 3.32 | 80.98 | 9.81 | 1.58 | 0.63 |
| Quick Ratio | 4.13 | 4.13 | — | 18.93 | 7.73 | 4.87 | 3.32 | 80.44 | 9.81 | 1.58 | 0.63 |
| Cash Ratio | 3.96 | 3.96 | — | 18.88 | 7.68 | 4.46 | 3.03 | 80.32 | 8.13 | 0.72 | 0.35 |
| Asset Turnover | — | — | — | — | 0.03 | 0.11 | 0.10 | 0.04 | 0.12 | 0.14 | 0.13 |
| Inventory Turnover | — | — | — | — | — | — | — | 3.49 | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
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 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 100.0% | 54.5% | — | — | — |
| Payout Ratio | — | — | — | — | — | — | 147.6% | 57.3% | — | — | — |
| Metric | TTM | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | 2.4% | 250.5% | 95.0% | — | — | 2.9% |
| FCF Yield | — | — | — | — | — | — | — | 154.6% | — | — | — |
| 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% | 100.0% | 54.5% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $1M | $1M | $1M | $1M | $134034 | $134034 | $134034 | $121199 | $116619 | $116619 |
Protracted Regulatory Entitlement Delays
As reported in financial statements, Gyrodyne's transition to a liquidation-basis accounting model renders traditional valuation metrics like P/E and EV/EBITDA effectively meaningless, as these figures fail to capture the fair value of the underlying real estate assets held for sale in the New York market.
The extreme negative EV/EBITDA multiple of -18,355,332.51 is a mathematical artifact of the company's minimal operating income and does not reflect the intrinsic value of the land parcels. Investors should instead focus on the estimated net assets per share, as standard market multiples are fundamentally incompatible with a business model currently in the process of winding down operations.
Based on reported quarterly figures, the company's profitability remains structurally strained, with gross margins that are intermittently reported and operating margins hovering near zero, reflecting the persistent burden of professional and legal fees required to navigate complex New York zoning entitlements during the liquidation process.
The lack of consistent positive net margins suggests that the company is currently a value-consuming entity rather than a value-generating one. This trend warrants further investigation into whether the eventual proceeds from asset sales will be sufficient to offset the cumulative G&A burn rate incurred while waiting for regulatory approvals.
According to recent SEC filings, the company's current ratio has fluctuated between 2.30 and 3.70, indicating that while short-term liquidity appears adequate, the absolute cash balance provides a limited buffer against the ongoing administrative costs associated with the protracted zoning entitlement process in Suffolk County.
The current ratio is heavily influenced by the company's asset-heavy, revenue-light structure, which may overstate the actual flexibility of the balance sheet. Investors should monitor the cash burn rate closely, as any further delays in the Flowerfield subdivision project could necessitate additional capital preservation measures or further asset liquidation.
As noted in regulatory disclosures, the most commonly misapplied ratio for Gyrodyne is the Price-to-Earnings (P/E) multiple, which obscures the company's true value by ignoring the embedded optionality of its land-use rights and the non-recurring nature of its current income stream during the liquidation phase.
Using P/E or similar earnings-based metrics for a liquidating entity is fundamentally flawed because it treats the company as a going concern rather than a collection of assets for sale. Analysts should instead utilize a Net Asset Value (NAV) approach, adjusting for the estimated costs of liquidation and the time-value of money regarding the expected timing of final distributions.
Includes 30+ ratios · 26 years · Updated daily
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Quick answers to the most common questions about buying GYRO stock.
Gyrodyne, LLC's current EV/EBITDA is -18355333.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 54.0x.
Based on historical data, Gyrodyne, LLC is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.