Latest Ratios: P/E Ratio 87.8x · EV/EBITDA 32.5x · ROE 7.2%. (2013–2026 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 | $555M | $327M | $383M | $277M | $352M | $423M | $301M | $276M | $299M | $190M | $169M |
| Enterprise Value | $604M | $376M | $382M | $289M | $342M | $418M | $287M | $270M | $288M | $186M | $165M |
| P/E Ratio → | 87.83 | 51.09 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.03 | 1.20 | 1.49 | 1.17 | 1.63 | 2.20 | 1.78 | 1.82 | 2.32 | 1.66 | 1.61 |
| P/B Ratio | 6.05 | 3.52 | 4.50 | 3.54 | 5.58 | 8.29 | 7.62 | 9.73 | 9.05 | 5.13 | 4.24 |
| P/FCF | — | — | 19.02 | — | 98.87 | 172.77 | 249.55 | — | 27.38 | 273.88 | — |
| P/OCF | 20.04 | 11.82 | 14.41 | 22.55 | 40.14 | 63.63 | 68.97 | — | — | 59.99 | 438.40 |
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 | — | 1.37 | 1.49 | 1.22 | 1.58 | 2.18 | 1.70 | 1.78 | 2.23 | 1.62 | 1.58 |
| EV / EBITDA | 32.49 | 20.23 | 61.59 | 37.52 | 104.35 | 77.03 | 62.28 | — | — | — | — |
| EV / EBIT | 141.85 | 88.34 | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | 18.93 | — | 96.03 | 170.65 | 237.55 | — | 26.39 | 267.43 | — |
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 | 61.1% | 61.1% | 60.7% | 62.2% | 63.7% | 61.6% | 62.0% | 59.0% | 59.2% | 59.5% | 56.8% |
| Operating Margin | 1.6% | 1.6% | -2.7% | -1.4% | -2.7% | -1.0% | -1.6% | -13.0% | -12.2% | -12.0% | -12.7% |
| Net Profit Margin | 2.4% | 2.4% | -2.7% | -0.4% | -1.7% | -0.8% | -1.4% | -12.4% | -11.3% | -11.5% | -12.4% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.2% | 7.2% | -8.4% | -1.2% | -6.4% | -3.5% | -7.2% | -61.2% | -41.6% | -34.1% | -31.3% |
| ROA | 3.4% | 3.4% | -4.5% | -0.6% | -3.0% | -1.6% | -2.9% | -23.7% | -19.2% | -17.9% | -17.3% |
| ROIC | 2.8% | 2.8% | -6.0% | -3.4% | -8.7% | -4.1% | -8.9% | -67.3% | -43.2% | -30.1% | -38.3% |
| ROCE | 3.4% | 3.4% | -6.8% | -3.6% | -8.5% | -3.7% | -7.3% | -58.6% | -44.3% | -35.2% | -31.8% |
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 | 0.74 | 0.74 | 0.19 | 0.38 | 0.22 | 0.28 | 0.07 | 0.18 | 0.14 | — | — |
| Debt / EBITDA | 3.71 | 3.71 | 2.57 | 3.85 | 4.28 | 2.66 | 0.61 | — | — | — | — |
| Net Debt / Equity | — | 0.52 | -0.02 | 0.16 | -0.16 | -0.10 | -0.37 | -0.24 | -0.33 | -0.12 | -0.10 |
| Net Debt / EBITDA | 2.62 | 2.62 | -0.31 | 1.58 | -3.08 | -0.96 | -3.15 | — | — | — | — |
| Debt / FCF | — | — | -0.10 | — | -2.83 | -2.13 | -12.00 | — | -0.99 | -6.45 | — |
| Interest Coverage | — | — | — | -2.37 | — | — | — | — | — | — | — |
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 | 0.93 | 0.93 | 1.09 | 1.24 | 1.30 | 1.41 | 1.20 | 1.02 | 1.38 | 1.82 | 2.04 |
| Quick Ratio | 0.70 | 0.70 | 0.83 | 0.85 | 0.84 | 1.11 | 0.94 | 0.85 | 1.16 | 1.65 | 1.86 |
| Cash Ratio | 0.28 | 0.28 | 0.35 | 0.34 | 0.47 | 0.67 | 0.61 | 0.56 | 0.95 | 1.45 | 1.61 |
| Asset Turnover | — | 1.20 | 1.72 | 1.49 | 1.65 | 1.76 | 1.90 | 1.88 | 1.65 | 1.56 | 1.43 |
| Inventory Turnover | 6.58 | 6.58 | 7.72 | 4.52 | 2.99 | 5.34 | 5.24 | 7.43 | 5.21 | 7.63 | 7.75 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
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 | 1.1% | 2.0% | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | 5.3% | — | 1.0% | 0.6% | 0.4% | — | 3.7% | 0.4% | — |
| Buyback Yield | 3.0% | 5.1% | 2.3% | 0.6% | 0.4% | 0.5% | 0.5% | 0.6% | 1.0% | 1.3% | 0.9% |
| Total Shareholder Yield | 3.0% | 5.1% | 2.3% | 0.6% | 0.4% | 0.5% | 0.5% | 0.6% | 1.0% | 1.3% | 0.9% |
| Shares Outstanding | — | $28M | $27M | $26M | $25M | $23M | $22M | $21M | $20M | $19M | $17M |
SMB market cyclical sensitivity
According to recent market data, Ooma trades at a forward P/E of 14.08, which appears to discount the company's recent revenue acceleration while simultaneously pricing in the inherent risks associated with its transition from a legacy residential provider to a specialized commercial communications platform.
The current EV/EBITDA multiple of 29.90 suggests that investors are paying a premium for the company's recurring subscription base, though this valuation may be sensitive to the sustainability of recent growth. Compared to peers like Bandwidth, Ooma's valuation appears to reflect a more conservative market outlook on its ability to scale operating margins effectively.
Based on reported figures, Ooma's ROIC has transitioned from negative territory in early 2025 to a positive 2.9% in 2027Q1, indicating that recent strategic investments in the AirDial product line are beginning to generate incremental returns on the company's invested capital base.
The shift toward positive ROIC suggests that management is successfully optimizing its capital allocation toward higher-margin business services. However, investors should monitor whether this trend can be sustained as the company continues to integrate past acquisitions and manage the associated goodwill on its balance sheet.
As reported in financial statements, Ooma's cash conversion cycle has stabilized around 30 days in 2027Q1, reflecting a disciplined approach to managing inventory and receivables despite the inherent complexities of maintaining a hardware-integrated service model for its micro-SMB customer base.
The consistency in DSO and DIO suggests that Ooma maintains effective control over its customer credit terms and inventory turnover. This operational efficiency is critical for a company operating with thin margins, as any significant lengthening of the cash conversion cycle could quickly strain the company's liquidity position.
According to recent balance sheet disclosures, Ooma has reduced its debt-to-equity ratio to 0.16 as of 2027Q1, a significant improvement from the 0.43 level observed in 2024Q4, which provides the company with a robust buffer against potential macroeconomic volatility in the SMB sector.
This deleveraging trend indicates a management preference for financial prudence, which is particularly appropriate given the company's exposure to cyclical small business demand. The current interest coverage ratio of 4.56 suggests that debt service is becoming increasingly manageable, reducing the risk of financial distress during periods of economic contraction.
Investors frequently misapply standard P/E multiples to Ooma, failing to account for the significant non-cash impact of stock-based compensation which obscures the company's true underlying earning power and distorts the perceived valuation relative to its peers in the telecommunications services sector.
Because Ooma utilizes equity-based incentives to attract talent, GAAP earnings are often suppressed, leading to an artificially high P/E ratio that may mislead value-oriented investors. A more accurate assessment of the company's valuation would involve adjusting for these non-cash expenses to better reflect the cash-generating potential of its recurring subscription revenue.
Includes 30+ ratios · 14 years · Updated daily
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Quick answers to the most common questions about buying OOMA stock.
Ooma, Inc.'s current P/E ratio is 87.8x. The historical average is 51.1x. This places it at the 100th percentile of its historical range.
Ooma, Inc.'s current EV/EBITDA is 32.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 51.7x.
Ooma, Inc.'s return on equity (ROE) is 7.2%. The historical average is -20.0%.
Based on historical data, Ooma, Inc. is trading at a P/E of 87.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Ooma, Inc. has 61.1% gross margin and 1.6% operating margin.
Ooma, Inc.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.