Latest Ratios: P/E Ratio -3.3x · EV/EBITDA 21.6x · ROE -30.8%. (1996–2025 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 | $184M | $63M | $159M | $187M | $67M | $180M | $277M | $389M | $213M | $766M | $515M |
| Enterprise Value | $384M | $263M | $338M | $378M | $264M | $363M | $384M | $1.2B | $1.0B | $1.3B | $510M |
| P/E Ratio → | -3.26 | — | — | — | — | — | — | — | — | 4.72 | 76.20 |
| P/S Ratio | 0.44 | 0.15 | 0.34 | 0.38 | 0.13 | 0.38 | 0.65 | 0.79 | 0.28 | 1.24 | 0.62 |
| P/B Ratio | 1.18 | 0.43 | 2.13 | 0.92 | 0.36 | 0.80 | 0.77 | 0.87 | 0.51 | 1.58 | 1.63 |
| P/FCF | 25.48 | 8.75 | — | 21.13 | — | — | — | — | — | — | 20.20 |
| P/OCF | 32.48 | 11.16 | 14.37 | 6.37 | 8.68 | 11.58 | 17.83 | 7.90 | 5.19 | — | 7.43 |
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 | — | 0.62 | 0.73 | 0.77 | 0.53 | 0.76 | 0.90 | 2.47 | 1.35 | 2.18 | 0.61 |
| EV / EBITDA | 21.59 | 14.80 | 19.03 | 15.54 | 10.09 | 6.57 | — | 44.34 | — | 15.70 | 4.65 |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | 12.61 |
| EV / FCF | — | 36.42 | — | 42.71 | — | — | — | — | — | — | 20.01 |
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 | 5.7% | 5.7% | 15.0% | 14.3% | 15.6% | 18.3% | 19.6% | 19.8% | 23.7% | 26.0% | 25.5% |
| Operating Margin | -4.3% | -4.3% | -5.9% | -4.5% | -4.2% | 1.9% | -27.5% | -3.6% | -23.2% | 5.4% | 7.1% |
| Net Profit Margin | -8.1% | -8.1% | -8.2% | -10.3% | -5.2% | -2.8% | -23.5% | -9.5% | -34.3% | 4.2% | 1.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -30.8% | -30.8% | -27.6% | -25.8% | -12.7% | -4.5% | -25.0% | -10.8% | -58.5% | 6.5% | 2.6% |
| ROA | -7.6% | -7.6% | -7.9% | -9.5% | -4.6% | -2.1% | -8.9% | -3.0% | -17.8% | 1.8% | 0.6% |
| ROIC | -4.5% | -4.5% | -6.4% | -4.2% | -4.0% | 1.5% | -10.2% | -1.1% | -11.6% | 3.6% | 6.1% |
| ROCE | -5.0% | -5.0% | -6.9% | -4.9% | -4.3% | 1.7% | -11.6% | -1.3% | -13.1% | 2.6% | 4.7% |
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 | 1.44 | 1.44 | 2.64 | 1.05 | 1.12 | 0.94 | 0.43 | 1.88 | 2.01 | 1.66 | 0.03 |
| Debt / EBITDA | 11.88 | 11.88 | 11.09 | 8.75 | 8.01 | 3.82 | — | 30.76 | — | 9.40 | 0.09 |
| Net Debt / Equity | — | 1.37 | 2.40 | 0.94 | 1.06 | 0.81 | 0.30 | 1.84 | 1.97 | 1.20 | -0.02 |
| Net Debt / EBITDA | 11.24 | 11.24 | 10.07 | 7.85 | 7.52 | 3.31 | — | 30.10 | — | 6.79 | -0.04 |
| Debt / FCF | — | 27.66 | — | 21.58 | — | — | — | — | — | — | -0.19 |
| Interest Coverage | -0.81 | -0.81 | -1.06 | -1.42 | -1.07 | -0.77 | -7.05 | -1.47 | -17.42 | -0.16 | 0.64 |
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 | 1.83 | 1.83 | 2.00 | 2.24 | 2.43 | 2.65 | 2.08 | 2.17 | 2.05 | 4.40 | 2.02 |
| Quick Ratio | 1.09 | 1.09 | 1.26 | 1.36 | 1.41 | 1.64 | 1.48 | 1.69 | 1.20 | 3.64 | 1.20 |
| Cash Ratio | 0.13 | 0.13 | 0.22 | 0.27 | 0.16 | 0.39 | 0.47 | 0.13 | 0.12 | 2.07 | 0.10 |
| Asset Turnover | — | 0.96 | 1.02 | 0.96 | 0.91 | 0.82 | 0.63 | 0.31 | 0.51 | 0.42 | 0.61 |
| Inventory Turnover | 6.04 | 6.04 | 6.38 | 5.86 | 5.22 | 5.20 | 5.50 | 5.85 | 4.80 | 5.55 | 5.41 |
| Days Sales Outstanding | — | 51.68 | 58.32 | 57.76 | 63.15 | 63.61 | 79.75 | 66.52 | 63.19 | 89.34 | 41.68 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | 1.3% | 2.3% | 4.2% | 1.0% | 1.5% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | 29.6% | 91.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | 21.2% | 1.3% |
| FCF Yield | 3.9% | 11.4% | — | 4.7% | — | — | — | — | — | — | 5.0% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.6% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.3% | 2.3% | 4.2% | 1.0% | 5.1% |
| Shares Outstanding | — | $49M | $49M | $47M | $45M | $44M | $42M | $42M | $32M | $28M | $27M |
Structural margin erosion
According to recent market data, NNBR trades at a forward P/E of 42.46, a multiple that appears disconnected from its negative earnings profile and suggests investors are pricing in a highly speculative turnaround rather than current fundamental realities as reported in the company's latest financial filings.
The elevated forward multiple implies that the market is assigning significant terminal value to the Power Solutions segment while largely ignoring the ongoing decay in the Mobile Solutions business. Given the negative TTM P/E and the lack of a positive PEG ratio, the current valuation appears to be driven by sentiment regarding potential divestitures rather than sustainable earnings growth.
Based on reported figures, NNBR's ROIC has consistently languished in negative territory, reaching -0.2% in 2026Q1, which indicates that the company is currently destroying shareholder value rather than compounding it through its capital-intensive manufacturing operations compared to historical performance levels.
The persistent inability to generate a positive return on invested capital suggests that the company's fixed-cost base is fundamentally misaligned with its current revenue generation capacity. Investors should monitor whether management can rationalize the asset base, as the current trend indicates a structural failure to achieve returns above the cost of capital.
As reported in financial statements, the company's cash conversion cycle remains elevated at 71 days as of 2025Q4, reflecting significant inefficiencies in inventory management and customer collections that hinder the company's ability to optimize its liquidity position in a challenging industrial environment.
The asset turnover ratio, hovering near 0.23, highlights a chronic underutilization of the manufacturing footprint that prevents the company from achieving the scale necessary for profitability. This inefficiency suggests that the business model is overly reliant on high-volume throughput, which is currently absent, leaving the company vulnerable to further working capital drains.
Based on the latest quarterly data, NNBR's debt-to-equity ratio of 1.52 indicates a strained balance sheet, particularly when viewed alongside the negative interest coverage ratio of -0.18, which suggests that the company lacks the operational earnings to comfortably service its existing debt obligations.
While the debt-to-equity ratio may appear moderate compared to some industrial peers, the lack of positive operating income makes the leverage profile highly precarious. The company's reliance on external financing or asset sales to manage its debt load warrants further investigation into potential covenant risks.
Investors frequently misapply the price-to-sales ratio to NNBR, which obscures the company's underlying structural margin erosion and the high fixed-cost nature of its manufacturing operations that render revenue growth meaningless without a corresponding improvement in gross margin performance as indicated by recent filings.
Using P/S as a primary valuation metric is misleading because it ignores the fact that the company's cost structure is currently too high to support its revenue base. A more appropriate metric would be EV/EBITDA or a focus on free cash flow yield, as these better capture the company's inability to convert sales into actual cash generation.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying NNBR stock.
NN, Inc.'s current P/E ratio is -3.3x. The historical average is 22.4x.
NN, Inc.'s current EV/EBITDA is 21.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
NN, Inc.'s return on equity (ROE) is -30.8%. The historical average is -0.9%.
Based on historical data, NN, Inc. is trading at a P/E of -3.3x. Compare with industry peers and growth rates for a complete picture.
NN, Inc. has 5.7% gross margin and -4.3% operating margin.
NN, Inc.'s Debt/EBITDA ratio is 11.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.