Latest Ratios: P/E Ratio -0.4x · EV/EBITDA N/A · ROE -65.0%. (2011–2025 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 | $10M | $4.4B | $2.0B | $2.2B | $10.1B | $1.0B | $53M | $3.8B | — | — |
| Enterprise Value | $5M | $12M | $4.4B | $2.0B | $2.2B | $10.1B | $1.0B | $56M | $3.8B | — | — |
| P/E Ratio → | -0.37 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.01 | 0.03 | 15.44 | 13.89 | 24.11 | 155.68 | 22.75 | 2.96 | 278.90 | — | — |
| P/B Ratio | 0.22 | 0.62 | 367.48 | 249.49 | 385.13 | 1568.73 | — | — | — | — | — |
| 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 | — | 0.04 | 15.46 | 13.89 | 24.10 | 155.64 | 22.82 | 3.13 | 278.93 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| 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 | 3.0% | 3.0% | 2.9% | 3.2% | 1.9% | 2.4% | 2.1% | 4.3% | 8.7% | 8.9% | 13.0% |
| Operating Margin | -0.6% | -0.6% | -0.3% | -0.2% | -3.4% | -4.6% | -7.2% | -3.6% | -0.2% | 0.9% | -2.4% |
| Net Profit Margin | -2.9% | -2.9% | -2.1% | -0.5% | -6.4% | -5.9% | -14.6% | -44.9% | -26.8% | -2.7% | -3.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -65.0% | -65.0% | -60.1% | -11.0% | -97.4% | -190.7% | — | — | — | — | — |
| ROA | -14.1% | -14.1% | -11.8% | -4.4% | -55.2% | -51.1% | -113.8% | -202.7% | -306.7% | -982.4% | -648.1% |
| ROIC | -7.7% | -7.7% | -5.0% | -3.8% | -55.0% | -96.9% | -280.0% | — | — | — | — |
| ROCE | -11.6% | -11.6% | -7.1% | -4.4% | -49.9% | -126.0% | — | — | — | — | — |
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 | 0.26 | 0.26 | 0.68 | 0.12 | 0.08 | 0.10 | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | 0.59 | — |
| Net Debt / Equity | — | 0.12 | 0.47 | -0.05 | -0.15 | -0.41 | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | 0.44 | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -4.20 | -4.20 | -1.22 | -1.31 | -196.89 | -4.72 | -0.91 | -1.04 | -3.57 | 0.11 | 3.80 |
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 | 1.04 | 1.04 | 0.99 | 1.14 | 1.00 | 2.78 | 0.45 | 0.31 | 0.53 | 0.07 | 0.18 |
| Quick Ratio | 1.04 | 1.04 | 0.99 | 1.13 | 0.99 | 2.78 | 0.45 | 0.31 | 0.53 | 0.07 | 0.13 |
| Cash Ratio | 0.06 | 0.06 | 0.04 | 0.10 | 0.21 | 1.41 | 0.10 | 0.02 | 0.00 | 0.07 | 0.11 |
| Asset Turnover | — | 6.20 | 3.58 | 6.52 | 7.43 | 7.14 | 7.55 | 3.22 | 5.76 | 612.76 | 192.71 |
| Inventory Turnover | 10028.12 | 10028.12 | 8968.25 | 5155.80 | 3499.16 | — | — | — | — | — | 614.81 |
| 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 7.8% | 2.8% | — | — | — | — | — | — | — | — | — |
| 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 | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 7.8% | 2.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $3M | $182M | $167M | $152M | $135M | $64M | $16M | $14M | $10M | $7838 |
Liquidity and margin compression
Based on reported figures, IQSTEL's P/S ratio of 0.01 and negative P/E of -0.49 suggest that the market is struggling to assign a coherent valuation to a business model that combines low-margin wholesale telecommunications with speculative, capital-intensive ventures in the electric vehicle and fintech sectors.
The extremely low P/S multiple reflects the market's skepticism regarding the quality of the company's revenue, which is heavily inflated by wholesale pass-through traffic. Investors appear to be discounting the stock due to the lack of a clear path to profitability, as the current valuation fails to account for the significant execution risks inherent in the company's diversification strategy.
As reported in financial statements, IQSTEL's gross margin has remained consistently thin, averaging approximately 2.98% over the last ten quarters, which indicates that the company lacks the pricing power necessary to generate meaningful returns in the highly competitive US-LatAm wholesale telecommunications corridor.
The persistent negative operating margin suggests that the company's administrative and expansion-related overhead costs are structurally misaligned with its low-margin revenue base. Without a fundamental shift toward higher-margin proprietary software or service offerings, the company's earning power remains severely constrained by its reliance on commodity-like wholesale termination fees.
According to recent SEC filings, IQSTEL's ROIC has frequently dipped into negative territory, including a -4.1% reading in 2026Q1, demonstrating that the company is currently destroying rather than compounding value through its invested capital and acquisition-heavy growth strategy.
The inability to generate positive returns on invested capital highlights a fundamental disconnect between the company's aggressive expansion efforts and its operational performance. This trend suggests that capital allocated toward new business lines is not yet yielding the necessary returns to offset the core business's ongoing profitability challenges.
Based on IQSTEL's reported figures, the cash conversion cycle has shown significant volatility, ranging from 8 to 53 days over the last ten quarters, which reflects the company's vulnerability to the timing of carrier settlements and the inherent instability of its wholesale-heavy business model.
The erratic nature of the cash conversion cycle indicates that the company's liquidity is highly sensitive to the payment behavior of its carrier partners. This operational friction, combined with the lack of significant inventory, suggests that the company's working capital management is primarily a function of managing external settlement balances rather than internal efficiency.
As indicated by the company's financial data, the most commonly misapplied metric for iQSTEL is top-line revenue, which significantly overstates the company's economic value-add because it includes the full value of wholesale traffic rather than just the net spread earned by the firm.
Analysts should prioritize gross profit and EBITDA over revenue to avoid the trap of viewing iQSTEL as a high-growth technology firm rather than a low-margin wholesale utility. Relying on revenue growth as a proxy for success obscures the reality that the company's core business is a commodity-based intermediary with limited ability to scale profitably.
Includes 30+ ratios · 15 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying IQST stock.
iQSTEL Inc.'s current P/E ratio is -0.4x. This places it at the 50th percentile of its historical range.
iQSTEL Inc.'s return on equity (ROE) is -65.0%. The historical average is -84.8%.
Based on historical data, iQSTEL Inc. is trading at a P/E of -0.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
iQSTEL Inc.'s current dividend yield is 7.84%.
iQSTEL Inc. has 3.0% gross margin and -0.6% operating margin.