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SAFXXCF Global, Inc. Class A Common Stock
$0.47$109M
Overview & Verdict
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  3. SAFX
  4. Financial Ratios

XCF Global, Inc. Class A Common Stock (SAFX) Financial Ratios

Latest Ratios: P/E Ratio 0.9x · EV/EBITDA N/A · ROE 342.7%. (2021–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SAFX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Market Cap$109M$39M————
Enterprise Value$231M$161M————
P/E Ratio →0.900.53————
P/S Ratio5.231.87————
P/B Ratio1.771.03————
P/FCF——————
P/OCF——————

P/E links to full P/E history page with 30-year chart

SAFX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
EV / Revenue—7.72————
EV / EBITDA——————
EV / EBIT—1.93————
EV / FCF——————

SAFX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Gross Margin-18.1%-18.1%————
Operating Margin-234.1%-234.1%————
Net Profit Margin355.5%355.5%————

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
ROE342.7%342.7%-172.2%-16.0%5.4%5.7%
ROA34.2%34.2%-123.3%-13.0%4.9%5.3%
ROIC-44.1%-44.1%-110.9%-12.1%-1.3%—
ROCE-55.3%-55.3%-150.7%-14.3%-1.6%-0.2%

SAFX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Debt / Equity3.243.240.170.020.010.04
Debt / EBITDA————0.040.72
Net Debt / Equity—3.230.17-0.010.010.04
Net Debt / EBITDA————0.040.63
Debt / FCF——————
Interest Coverage9.089.08-7.22———

SAFX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Current Ratio0.110.110.010.270.000.19
Quick Ratio0.110.110.010.270.000.19
Cash Ratio0.000.000.000.220.000.13
Asset Turnover—0.05————
Inventory Turnover72.7572.75————
Days Sales Outstanding—430.49————

SAFX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Dividend Yield——————
Payout Ratio——————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Earnings Yield100.0%190.5%————
FCF Yield——————
Buyback Yield0.0%0.0%————
Total Shareholder Yield0.0%0.0%————
Shares Outstanding—$142M$8M$10M$28M$29M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent liquidity and solvency

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Speculative Pricing Amid Operational Uncertainty

According to recent market data, SAFX trades at a price-to-sales ratio of 4.23, a valuation that appears disconnected from the company's negative gross margins and the significant execution risks inherent in its transition from a developmental entity to a commercial-scale renewable fuel producer.

The absence of a meaningful P/E ratio or forward-looking EBITDA multiples suggests that the market is currently pricing the equity based on long-term capacity potential rather than near-term earnings power. Investors should monitor whether this premium can be sustained as the company faces the reality of high fixed-cost absorption and intense competition for feedstock.

Core Refining Margins Remain Deficit

As reported in financial statements, the company's gross margin of -89.5% in 2026Q1 highlights a structural inability to cover feedstock costs, suggesting that the current refining process is not yet economically viable on a standalone basis without reliance on non-recurring regulatory credit recognition.

The extreme divergence between operating and net margins indicates that the bottom line is heavily influenced by non-operational accounting adjustments rather than core business performance. This pattern warrants caution, as it obscures the true earning power of the New Rise Reno facility and complicates the assessment of long-term profitability.

Working Capital Cycle Signals Strain

Based on reported figures, the company's cash conversion cycle of -1386 days in 2026Q1 reflects severe operational friction, likely driven by an inability to efficiently manage payables and receivables while scaling production in a capital-constrained environment.

The erratic nature of these efficiency metrics suggests that the company is struggling to establish a stable operational rhythm. The high days-payable-outstanding relative to revenue may indicate a reliance on supplier credit that could become unsustainable if the company's liquidity position continues to deteriorate.

Critical Liquidity Buffer Nears Exhaustion

As evidenced by the 2026Q1 balance sheet, the company maintains a current ratio of 0.02 and a cash balance of only $154,937, which indicates a precarious liquidity position that leaves virtually no margin for error in managing daily operations or unexpected capital requirements.

This level of liquidity appears insufficient to support the company's ambitious expansion plans in North Carolina and Florida without immediate external financing. Investors should interpret this as a high probability of near-term dilutive equity issuance or the pursuit of high-cost debt to maintain operational continuity.

Net Margin Misleads Operational Reality

The net margin ratio is frequently misapplied to this business model, as it captures non-recurring environmental credit recognition that masks the underlying operating losses inherent in the company's current refining-margin-negative state.

Analysts should instead focus on the 'refining-margin-positive' threshold, which adjusts for these subsidies to determine if the facility can generate cash from core operations. Relying on headline net income in this context may lead to a fundamental misunderstanding of the company's actual progress toward self-sustaining commercial viability.

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Includes 30+ ratios · 5 years · Updated daily

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SAFX — Frequently Asked Questions

Quick answers to the most common questions about buying SAFX stock.

What is XCF Global, Inc. Class A Common Stock's P/E ratio?

XCF Global, Inc. Class A Common Stock's current P/E ratio is 0.9x. The historical average is 0.5x. This places it at the 100th percentile of its historical range.

What is XCF Global, Inc. Class A Common Stock's ROE?

XCF Global, Inc. Class A Common Stock's return on equity (ROE) is 342.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 33.1%.

Is SAFX stock overvalued?

Based on historical data, XCF Global, Inc. Class A Common Stock is trading at a P/E of 0.9x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are XCF Global, Inc. Class A Common Stock's profit margins?

XCF Global, Inc. Class A Common Stock has -18.1% gross margin and -234.1% operating margin.