Latest Ratios: P/E Ratio -2.9x · EV/EBITDA N/A · ROE N/A. (2011–2026 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $60M | $56M | $66M | $171M | $97M | $65M | $300M | $89M | $279M | $150M | — |
| Enterprise Value | $69M | $66M | $66M | $172M | $101M | $79M | $306M | $100M | $283M | $149M | — |
| P/E Ratio → | -2.85 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.78 | 0.73 | 0.58 | 1.44 | 0.97 | 0.55 | 4.59 | 2.30 | 8.29 | 20.91 | — |
| P/B Ratio | — | — | — | 26.06 | 25.34 | — | 36.83 | — | 28.86 | 3.92 | — |
| P/FCF | — | — | 20.47 | 60.98 | — | — | — | — | — | — | — |
| P/OCF | — | — | 10.43 | 24.95 | — | — | — | — | — | — | — |
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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.85 | 0.58 | 1.46 | 1.01 | 0.68 | 4.69 | 2.58 | 8.40 | 20.69 | — |
| EV / EBITDA | — | — | — | 392.76 | 17.38 | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | 20.38 | 61.53 | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.1% | 15.1% | 23.8% | 27.1% | 33.0% | 20.5% | 24.9% | 15.2% | 7.5% | 7.0% | -409.8% |
| Operating Margin | -20.1% | -20.1% | -15.8% | -3.9% | -2.2% | -32.3% | -45.0% | -93.1% | -100.6% | -206.8% | -2437.7% |
| Net Profit Margin | -27.5% | -27.5% | -16.4% | -10.1% | -10.1% | -37.5% | -64.1% | -100.7% | -112.1% | -324.3% | -6333.2% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -230.8% | -262.7% | — | -8314.1% | -3060.3% | -157.1% | -133.4% | — |
| ROA | -48.6% | -48.6% | -35.8% | -18.4% | -14.0% | -54.0% | -59.8% | -68.9% | -59.5% | -67.1% | -420.7% |
| ROIC | — | — | — | -44.2% | -29.0% | -310.5% | -240.1% | -316.4% | -101.2% | -61.8% | -310.7% |
| ROCE | -205.2% | -205.2% | -170.7% | -24.3% | -11.5% | -147.0% | -142.8% | -232.1% | -101.1% | -76.0% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 1.30 | 3.23 | — | 3.10 | — | 1.80 | 0.23 | — |
| Debt / EBITDA | — | — | — | 19.49 | 2.13 | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | 0.24 | 1.03 | — | 0.81 | — | 0.39 | -0.04 | — |
| Net Debt / EBITDA | — | — | — | 3.57 | 0.68 | — | — | — | — | — | — |
| Debt / FCF | — | — | -0.09 | 0.56 | — | — | — | — | — | — | — |
| Interest Coverage | -3.98 | -3.98 | -6.58 | -2.02 | -0.36 | -9.61 | -6.95 | -9.47 | -10.47 | -3.85 | -26.82 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.47 | 0.47 | 0.42 | 0.52 | 0.62 | 0.52 | 0.69 | 0.37 | 0.57 | 0.73 | 0.32 |
| Quick Ratio | 0.45 | 0.45 | 0.38 | 0.48 | 0.57 | 0.48 | 0.64 | 0.23 | 0.57 | 0.59 | 0.32 |
| Cash Ratio | 0.15 | 0.15 | 0.11 | 0.15 | 0.19 | 0.21 | 0.37 | 0.12 | 0.40 | 0.40 | 0.31 |
| Asset Turnover | — | 1.65 | 2.82 | 1.85 | 1.51 | 1.52 | 0.76 | 0.71 | 0.57 | 0.11 | 0.14 |
| Inventory Turnover | 95.65 | 95.65 | 54.97 | 47.97 | 25.72 | 35.78 | 19.08 | 4.87 | 132.64 | 1.82 | — |
| Days Sales Outstanding | — | 39.92 | 26.48 | 40.69 | 50.05 | 42.69 | 59.13 | 36.72 | 46.72 | 151.68 | — |
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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 2.1% | 0.8% | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | 4.9% | 1.6% | — | — | — | — | — | — | — |
| Buyback Yield | 1.0% | 1.1% | 1.5% | 1.5% | 2.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 3.0% | 3.2% | 2.3% | 1.5% | 2.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $11M | $10M | $9M | $8M | $8M | $7M | $6M | $5M | $4M | $3M |
Imminent liquidity shortfall
Based on recent financial data, LiveOne trades at a P/S ratio of 0.57, which appears to reflect market skepticism regarding the company's ability to return to growth, especially when compared to the more stable, albeit slower-growing, valuation multiples observed in the broader media and entertainment sector.
The current P/S multiple suggests that investors are pricing the company as a distressed asset rather than a growth-oriented streaming platform. Given the negative TTM P/E and the absence of positive EBITDA, traditional valuation metrics fail to capture the underlying risk, implying that the market is heavily discounting the firm's future cash flow potential.
As reported in quarterly filings, the company's gross margin of 23.79% remains structurally constrained by high content licensing costs, which, when combined with negative operating margins of -15.78%, suggests that the current business model lacks the necessary scale to achieve sustainable profitability in the competitive audio streaming market.
The inability to expand gross margins indicates that LiveOne lacks the bargaining power to secure favorable royalty terms, a common hurdle for mid-tier players. Without a significant shift toward owned intellectual property, the company appears trapped in a cycle where revenue growth is insufficient to cover the high variable costs of content acquisition.
According to historical data, the company's cash conversion cycle has shown extreme volatility, swinging from 16 days in 2024Q3 to -117 days in 2026Q3, which suggests that management is relying on aggressive vendor payment extensions to manage liquidity rather than achieving genuine operational efficiency in its working capital.
The negative CCC is largely driven by extended DPO, which may indicate that the company is delaying payments to suppliers to preserve cash. This strategy warrants further investigation, as it may be unsustainable and could potentially damage critical relationships with content providers and talent over the long term.
Based on the 2026Q3 financial statements, the current ratio of 0.54 and a cash balance of only $4.1M highlight a vulnerable liquidity position that leaves the company with little margin for error in meeting its short-term obligations and funding ongoing operational cash burn.
The low liquidity levels suggest that the company is highly susceptible to even minor disruptions in revenue or unexpected spikes in content costs. Investors should monitor the firm's ability to access capital markets, as the current balance sheet appears insufficient to support the business without further dilutive financing.
Market participants frequently misapply technology-platform valuation multiples to LiveOne, which obscures the reality that the company functions more like a talent-dependent media agency with high concentration risk, rather than a scalable, high-margin software platform with proprietary network effects or significant barriers to entry.
Applying tech-style multiples to LiveOne ignores the structural dependency on third-party OEM relationships and individual talent contracts, which are inherently less stable than recurring software subscription revenue. A more appropriate framework would involve valuing the company based on its cash-generating capacity and the sustainability of its specific content-licensing agreements.
Includes 30+ ratios · 16 years · Updated daily
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Quick answers to the most common questions about buying LVO stock.
LiveOne, Inc.'s current P/E ratio is -2.9x. This places it at the 50th percentile of its historical range.
Based on historical data, LiveOne, Inc. is trading at a P/E of -2.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
LiveOne, Inc.'s current dividend yield is 1.98%.
LiveOne, Inc. has 15.1% gross margin and -20.1% operating margin.