Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -27.0%. (2014–2025 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 | $8M | $37M | $18M | $23M | — | — | — | — | — | — | — |
| Enterprise Value | $62M | $114M | $-41937970 | $-1768800 | — | — | — | — | — | — | — |
| P/E Ratio → | -0.10 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.30 | 1.05 | 3.96 | 0.73 | — | — | — | — | — | — | — |
| P/B Ratio | 0.02 | 0.05 | 0.03 | 0.04 | — | — | — | — | — | — | — |
| 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 | — | 3.21 | -9.20 | -0.06 | — | — | — | — | — | — | — |
| 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 | -71.1% | -71.1% | -11.4% | -2.8% | 11.3% | -1.6% | — | — | — | — | — |
| Operating Margin | -151.1% | -151.1% | -1607.6% | -662.3% | -365.8% | -2054.1% | — | — | — | — | — |
| Net Profit Margin | -476.4% | -476.4% | -1893.5% | -575.1% | -300.5% | -1740.0% | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -27.0% | -27.0% | -14.9% | -27.6% | -29.3% | -20.8% | -1.5% | -42.6% | -1515.5% | — | — |
| ROA | -16.0% | -16.0% | -10.7% | -21.0% | -23.0% | -17.7% | -1.3% | -38.1% | -2179.7% | -1303.9% | -36.9% |
| ROIC | -6.3% | -6.3% | -10.3% | -26.1% | -29.1% | -22.1% | -1.5% | -23.3% | — | — | — |
| ROCE | -6.5% | -6.5% | -10.2% | -25.6% | -29.7% | -22.2% | -1.5% | -28.0% | -351.2% | — | — |
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 | 0.21 | 0.21 | 0.08 | 0.03 | 0.03 | 0.02 | 0.00 | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.11 | -0.11 | -0.04 | -0.12 | -0.03 | -0.28 | -0.02 | -1.23 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | -0.02 | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -8.04 | -8.04 | -3.90 | -14.28 | -32.11 | -193.02 | 0.91 | — | -60390.07 | -563.61 | -259.50 |
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 | 1.45 | 1.45 | 0.85 | 1.48 | 2.77 | 1.47 | 5.10 | 1.46 | 3.95 | 0.02 | 0.03 |
| Quick Ratio | 1.42 | 1.42 | 0.79 | 1.32 | 2.42 | 1.02 | 4.87 | 1.33 | 12.88 | 0.02 | 0.03 |
| Cash Ratio | 1.27 | 1.27 | 0.74 | 0.95 | 2.08 | 0.80 | 4.61 | 0.64 | 3.62 | 0.00 | 0.02 |
| Asset Turnover | — | 0.03 | 0.01 | 0.04 | 0.07 | 0.01 | — | — | — | — | — |
| Inventory Turnover | 7.74 | 7.74 | 0.58 | 4.51 | 3.22 | 0.42 | 0.10 | — | — | — | — |
| Days Sales Outstanding | — | 96.27 | 205.63 | 45.61 | 62.95 | 378.82 | — | — | — | — | — |
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 | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — | — |
| Shares Outstanding | — | $178M | $129M | $82M | $64M | $44M | $38M | $38M | $55153 | $11134 | $11134 |
Project financing and dilution
Based on reported figures, the company trades at a P/S ratio of 0.29, which suggests that investors are valuing the entity primarily on its underlying mineral assets rather than current revenue, as the lack of a meaningful P/E ratio confirms its pre-commercial development status.
The current valuation multiples appear to reflect a market expectation of future resource conversion rather than current operational performance. Investors should monitor whether this discount to book value persists as the company approaches a final investment decision for the Cariboo project.
As reported in financial statements, the ROIC has fluctuated significantly, reaching -1.1% in 2026Q1, which indicates that the company is currently destroying value on invested capital as it continues to fund exploration and development activities without offsetting commercial production revenue.
The negative return on capital is a structural characteristic of a junior developer in the pre-production phase. This trend warrants further investigation into whether the company can achieve a positive return profile once the QR Mill reaches full-scale operational throughput.
According to recent quarterly filings, the cash conversion cycle has shown extreme volatility, ranging from -18,778 days in 2024Q3 to positive figures in other periods, reflecting the non-recurring nature of test mining and the lack of a stable, repeatable operational workflow.
The erratic nature of these efficiency metrics suggests that the company's working capital is currently driven by project-specific milestones rather than standard inventory management. Analysts should be cautious in interpreting these figures as indicators of long-term operational efficiency.
Based on the provided financial tables, the company's interest coverage ratio has frequently dipped into negative territory, such as the -8.70 reported in 2025Q2, indicating that the firm lacks the internal cash generation to comfortably service its debt obligations without external financing.
While the D/E ratio of 0.16 appears manageable, the lack of consistent EBITDA makes the debt burden a potential source of financial stress. Investors should monitor the company's ability to refinance or secure additional capital as development costs continue to escalate.
The P/E ratio is the most commonly misapplied metric for this business model, as it obscures the reality that the company is in a capital-intensive development phase where accounting losses are expected and do not reflect the underlying value of the mineral reserves.
Using P/E to evaluate a pre-production mining company is fundamentally flawed because it ignores the massive non-cash expenses and capitalized exploration costs that distort the bottom line. A more appropriate approach would be to utilize a Price-to-Net Asset Value (P/NAV) model to assess the intrinsic value of the gold in the ground.
Includes 30+ ratios · 12 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ODVWZ stock.
Osisko Development Corp. Warrant expiring 5/27/2027's current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.
Osisko Development Corp. Warrant expiring 5/27/2027's return on equity (ROE) is -27.0%. The historical average is -23.4%.
Based on historical data, Osisko Development Corp. Warrant expiring 5/27/2027 is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Osisko Development Corp. Warrant expiring 5/27/2027 has -71.1% gross margin and -151.1% operating margin.