Latest Ratios: P/E Ratio -1.1x · EV/EBITDA N/A · ROE -242.4%. (2002–2026 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 | $15M | $26M | $18M | $689387 | $4M | $18M | $13M | $12M | $10M | $9M | $5M |
| Enterprise Value | $17M | $27M | $18M | $1M | $1M | $7M | $9M | $12M | $-18507218 | $-6645840 | $-20711033 |
| P/E Ratio → | -1.15 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 4.13 | 6.90 | 36.25 | 1.50 | 10.97 | 10.95 | 16.03 | 28.70 | 26.63 | 14.77 | 5.24 |
| P/B Ratio | 3.24 | 4.45 | 2.47 | 0.22 | 0.83 | 1.41 | 2.51 | 17.71 | 0.39 | 0.64 | 0.21 |
| 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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.38 | 35.26 | 2.60 | 3.54 | 4.02 | 11.45 | 28.61 | -47.63 | -10.37 | -21.43 |
| 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 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.6% | 17.6% | 0.7% | 13.3% | 7.3% | 66.1% | 26.7% | -42.7% | 30.5% | 57.5% | 76.3% |
| Operating Margin | -428.0% | -428.0% | -1677.9% | -1579.7% | -1293.5% | -513.4% | -705.7% | -1586.2% | -1433.1% | -608.2% | -250.6% |
| Net Profit Margin | -428.3% | -428.3% | -2018.3% | -1598.3% | -1314.8% | -447.1% | -644.0% | -1570.6% | -1434.5% | -690.2% | -227.3% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -242.4% | -242.4% | -192.9% | -178.8% | -56.1% | -81.9% | -178.8% | -46.5% | -26.9% | -23.0% | -12.4% |
| ROA | -138.3% | -138.3% | -134.7% | -135.9% | -51.5% | -75.6% | -140.7% | -40.6% | -24.3% | -20.9% | -11.3% |
| ROIC | -165.4% | -165.4% | -120.2% | -185.5% | -204.0% | -442.3% | -411.3% | — | — | — | — |
| ROCE | -192.4% | -192.4% | -160.4% | -176.7% | -55.2% | -93.6% | -193.1% | -47.0% | -26.9% | -20.3% | -13.7% |
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 | 0.60 | 0.60 | 0.08 | 0.26 | — | — | — | 0.08 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.31 | -0.07 | 0.16 | -0.56 | -0.89 | -0.72 | -0.06 | -1.09 | -1.08 | -1.09 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -13.38 | -13.38 | — | -149.05 | -675.51 | -654.59 | -372.90 | — | — | — | — |
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 | 0.81 | 0.81 | 0.96 | 0.87 | 6.79 | 12.93 | 10.61 | 0.91 | 9.96 | 10.54 | 10.97 |
| Quick Ratio | 0.81 | 0.81 | 0.96 | 0.87 | 5.28 | 12.20 | 9.15 | 0.33 | 9.96 | 10.54 | 10.97 |
| Cash Ratio | 0.43 | 0.43 | 0.41 | 0.17 | 4.52 | 11.67 | 8.21 | 0.08 | 9.76 | 10.34 | 10.91 |
| Asset Turnover | — | 0.28 | 0.05 | 0.09 | 0.07 | 0.12 | 0.14 | 0.24 | 0.01 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | 0.37 | 0.79 | 0.90 | 0.96 | — | — | — |
| Days Sales Outstanding | — | 11.71 | 16.43 | 822.75 | 354.31 | 91.08 | 149.87 | 50.37 | — | — | — |
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 | — | — | — | — | — | — | — | — | — | — | — |
| 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 | — | — | — | — | — | — | — | — | — | — | — |
| 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% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $9M | $5M | $228274 | $524940 | $491427 | $191485 | $58813 | $34490 | $22017 | $15625 |
Imminent liquidity shortfall risk
According to recent market data, NTRP trades at a price-to-sales multiple of 4.17, a valuation that appears disconnected from the company's negative earnings profile and the significant execution risks inherent in its recent pivot to a travel technology business model.
The absence of meaningful P/E or EV/EBITDA metrics underscores the venture-stage nature of the company, where investors are pricing in potential future growth rather than current cash generation. This premium valuation warrants caution, as it implies a rapid scaling of the NXT2.0 platform that has yet to be validated by consistent revenue growth or margin expansion.
As reported in financial statements, the company's ROIC of -49.7% in 2026Q4 highlights a severe inability to generate returns on invested capital, reflecting a structural decay that has persisted throughout the transition from its legacy additive manufacturing operations.
The deeply negative ROIC suggests that every dollar of capital deployed is currently destroying shareholder value rather than compounding it. Investors should monitor whether the company can stabilize its return profile as it moves past the initial integration phase of its new travel-focused business model.
Based on quarterly filings, the company's asset turnover ratio of 0.12 in 2026Q4 indicates extremely low capital efficiency, suggesting that the current revenue base is insufficient to justify the asset-heavy nature of the business following its recent corporate restructuring.
The erratic nature of the cash conversion cycle, characterized by significant swings in days payable outstanding, suggests that the company may be relying on delayed payments to suppliers to manage its tight liquidity. This reliance on working capital management to bridge operational gaps is a precarious strategy that may not be sustainable in the long term.
According to 2026Q4 balance sheet data, the current ratio of 0.81, combined with a limited cash balance of $1.69M, indicates a vulnerable liquidity position that leaves little room for error in the face of ongoing operating losses.
The company's inability to maintain a current ratio above 1.0 suggests that it may struggle to meet short-term obligations without external financing. This liquidity constraint is a critical risk factor that could force management into dilutive capital raises if the NXT2.0 platform does not achieve rapid commercial traction.
As indicated by recent filings, the 641% YoY revenue growth figure is frequently misapplied by market participants as a proxy for operational success, when it actually reflects a low-base effect from the company's recent pivot rather than organic scaling of a stable business.
Analysts should prioritize 'take rate' and 'gross booking value' over headline revenue growth to better understand the underlying health of the travel technology platform. Focusing on top-line growth alone obscures the reality that the company's current gross margins are insufficient to cover its fixed cost base, leading to a misleading perception of the company's path to profitability.
Includes 30+ ratios · 23 years · Updated daily
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Quick answers to the most common questions about buying NTRP stock.
NextTrip, Inc.'s current P/E ratio is -1.1x. This places it at the 50th percentile of its historical range.
NextTrip, Inc.'s return on equity (ROE) is -242.4%. The historical average is -130.3%.
Based on historical data, NextTrip, Inc. is trading at a P/E of -1.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
NextTrip, Inc. has 17.6% gross margin and -428.0% operating margin.