Latest Ratios: P/E Ratio 47.1x · EV/EBITDA 131.1x · ROE 16.3%. (2012–2025 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 | $128M | $132M | $161M | $141M | $208M | $981M | $383M | $234M | $117M | $66M | $34M |
| Enterprise Value | $106M | $110M | $137M | $126M | $224M | $985M | $381M | $239M | $109M | $63M | $31M |
| P/E Ratio → | 47.11 | 45.89 | — | — | 322.86 | 149.30 | 29.18 | 70.17 | 462.22 | — | — |
| P/S Ratio | 2.32 | 2.40 | 3.09 | 3.00 | 2.05 | 12.26 | 6.53 | 4.82 | 3.67 | 2.61 | 1.64 |
| P/B Ratio | 8.98 | 8.75 | 7.79 | 5.70 | 6.38 | 32.37 | 18.13 | 40.82 | 49.44 | 13.41 | 4.86 |
| P/FCF | 381.17 | 394.27 | 19.57 | 14.58 | 89.96 | 143.13 | 47.71 | 69.56 | 28.73 | — | — |
| P/OCF | 69.40 | 71.78 | 17.10 | 9.62 | 25.32 | 70.87 | 34.24 | 31.04 | 21.41 | 419.93 | — |
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 | — | 2.01 | 2.62 | 2.68 | 2.21 | 12.31 | 6.49 | 4.94 | 3.43 | 2.49 | 1.51 |
| EV / EBITDA | 131.14 | 136.57 | 48.27 | 14.14 | 29.99 | 98.05 | 46.30 | 45.04 | 61.96 | — | — |
| EV / EBIT | — | — | — | 423.19 | 181.00 | 160.13 | 70.00 | 67.82 | 147.97 | — | — |
| EV / FCF | — | 329.76 | 16.62 | 13.00 | 97.02 | 143.73 | 47.45 | 71.29 | 26.86 | — | — |
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 | 79.6% | 79.6% | 77.9% | 77.7% | 90.9% | 90.4% | 88.9% | 88.5% | 86.4% | 86.8% | 85.7% |
| Operating Margin | -1.6% | -1.6% | -3.6% | 0.7% | 0.8% | 7.7% | 9.4% | 7.0% | 0.6% | -12.6% | -73.2% |
| Net Profit Margin | 5.3% | 5.3% | -11.1% | -20.8% | 0.6% | 9.5% | 22.4% | 6.9% | 0.8% | -13.0% | -73.9% |
| 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% | -25.5% | -34.0% | 2.0% | 29.4% | 98.1% | 82.3% | 7.0% | -55.4% | -109.9% |
| ROA | 4.0% | 4.0% | -6.8% | -10.8% | 0.7% | 9.9% | 24.0% | 9.9% | 1.3% | -19.3% | -60.2% |
| ROIC | — | — | -48.0% | 0.8% | 1.5% | 17.2% | 26.9% | 81.5% | — | -79.0% | -258.6% |
| ROCE | -2.9% | -2.9% | -4.3% | 0.5% | 1.2% | 10.8% | 14.2% | 15.2% | 1.5% | -27.4% | -81.1% |
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 | 0.13 | 0.13 | 0.04 | 0.12 | 0.80 | 0.78 | 0.87 | 2.50 | 0.47 | 0.22 | 0.05 |
| Debt / EBITDA | 2.49 | 2.49 | 0.28 | 0.32 | 3.49 | 2.35 | 2.25 | 2.69 | 0.62 | — | — |
| Net Debt / Equity | — | -1.43 | -1.17 | -0.62 | 0.50 | 0.14 | -0.10 | 1.02 | -3.23 | -0.64 | -0.39 |
| Net Debt / EBITDA | -26.71 | -26.71 | -8.56 | -1.72 | 2.18 | 0.41 | -0.25 | 1.09 | -4.32 | — | — |
| Debt / FCF | — | -64.51 | -2.95 | -1.58 | 7.06 | 0.60 | -0.26 | 1.73 | -1.87 | — | — |
| Interest Coverage | — | — | — | 4.63 | 1.30 | — | — | — | — | — | -765.84 |
Net cash position: cash ($24M) 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 | 1.59 | 1.59 | 1.52 | 1.32 | 0.76 | 1.25 | 1.37 | 0.98 | 1.34 | 1.34 | 0.97 |
| Quick Ratio | 1.59 | 1.59 | 1.52 | 1.32 | 0.76 | 1.25 | 1.37 | 0.91 | 1.25 | 1.22 | 0.79 |
| Cash Ratio | 0.72 | 0.72 | 0.51 | 0.54 | 0.42 | 0.91 | 1.11 | 0.62 | 1.00 | 0.85 | 0.51 |
| Asset Turnover | — | 0.90 | 0.63 | 0.54 | 1.08 | 0.92 | 0.89 | 1.11 | 1.35 | 1.49 | 1.20 |
| Inventory Turnover | — | — | — | — | — | — | — | 5.85 | 5.75 | 5.63 | 2.72 |
| Days Sales Outstanding | — | 18.95 | 18.10 | 20.05 | 14.10 | 16.88 | 12.83 | 20.90 | 10.98 | 19.01 | 19.64 |
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 | 2.1% | 2.2% | — | — | 0.3% | 0.7% | 3.4% | 1.4% | 0.2% | — | — |
| FCF Yield | 0.3% | 0.3% | 5.1% | 6.9% | 1.1% | 0.7% | 2.1% | 1.4% | 3.5% | — | — |
| Buyback Yield | 8.9% | 8.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% |
| Total Shareholder Yield | 8.9% | 8.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% |
| Shares Outstanding | — | $15M | $15M | $15M | $15M | $15M | $15M | $14M | $14M | $13M | $13M |
Operating margin volatility
Based on current market data, JYNT trades at a forward P/E of 30.79, which appears to price in significant future growth that remains inconsistent according to recent financial filings, suggesting investors are paying a premium for the brand's retail-centric model rather than its current bottom-line performance.
The elevated P/E multiple relative to the company's recent operating losses indicates that the market is valuing the potential for future scale rather than historical earnings. This valuation warrants caution, as the implied growth rate may be difficult to sustain if the company continues to struggle with converting system-wide sales into corporate-level profitability.
As reported in financial statements, JYNT's ROE has fluctuated wildly from -36.8% in 2023Q4 to 8.5% in 2026Q1, reflecting a business model that has yet to demonstrate a stable ability to generate consistent returns on the capital deployed into its corporate-owned clinic expansion strategy.
The extreme volatility in return metrics suggests that the company's capital allocation, particularly regarding the acquisition of franchised units, has not yet yielded the expected compounding effect. Investors should monitor whether the recent improvement in ROE is a sustainable trend or merely a byproduct of accounting adjustments and non-recurring items.
According to recent quarterly data, JYNT's asset turnover has remained low, hovering around 0.25x in 2026Q1, which highlights the capital-intensive nature of the corporate-owned clinic model compared to the asset-light franchise operations that typically characterize high-growth wellness brands in the current competitive landscape.
The low asset turnover suggests that the company's physical footprint is not yet generating sufficient revenue density to justify the overhead costs. The variability in DSO, which reached 20 days in 2025Q3, further implies that the company may face periodic challenges in managing its receivables from franchise partners.
Based on an analysis of the business model, the P/E ratio is frequently misapplied to JYNT, as it obscures the company's underlying nature as a retail subscription franchisor by treating it like a traditional clinical healthcare provider subject to insurance reimbursement and medical loss ratio risks.
Using P/E ignores the significant non-cash charges and accounting nuances inherent in the regional developer model, which can artificially depress reported earnings. Analysts should instead focus on EV/System-wide Sales or adjusted EBITDA to better capture the true market reach and cash-generating potential of the brand's membership-based ecosystem.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying JYNT stock.
The Joint Corp.'s current P/E ratio is 47.1x. The historical average is 73.6x. This places it at the 50th percentile of its historical range.
The Joint Corp.'s current EV/EBITDA is 131.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 49.1x.
The Joint Corp.'s return on equity (ROE) is 16.3%. The historical average is -6.7%.
Based on historical data, The Joint Corp. is trading at a P/E of 47.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
The Joint Corp. has 79.6% gross margin and -1.6% operating margin.
The Joint Corp.'s Debt/EBITDA ratio is 2.5x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.