Latest Ratios: P/E Ratio -5.0x · EV/EBITDA N/A · ROE N/A. (2022–2026 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 |
|---|---|---|---|---|---|---|
| Market Cap | $137M | $106M | $79M | $148M | — | — |
| Enterprise Value | $193M | $162M | $70M | $129M | — | — |
| P/E Ratio → | -5.04 | — | — | — | — | — |
| P/S Ratio | 0.28 | 0.21 | 0.16 | 0.23 | — | — |
| P/B Ratio | — | — | — | 2.09 | — | — |
| 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 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.33 | 0.15 | 0.20 | — | — |
| EV / EBITDA | — | — | — | 7.36 | — | — |
| 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 |
|---|---|---|---|---|---|---|
| Gross Margin | 6.8% | 6.8% | -11.6% | 3.5% | 3.5% | -23.2% |
| Operating Margin | -4.3% | -4.3% | -24.8% | 0.1% | 1.9% | -37.0% |
| Net Profit Margin | -5.2% | -5.2% | -26.0% | -0.4% | 0.6% | 7.9% |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| ROE | — | — | -696.6% | -3.6% | 6.4% | 96.6% |
| ROA | -11.3% | -11.3% | -37.8% | -0.6% | 0.8% | 9.2% |
| ROIC | — | — | -1927.9% | 0.6% | 42.5% | — |
| ROCE | -159.9% | -159.9% | -150.1% | 0.3% | 10.0% | -205.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.63 | 0.76 | 0.25 |
| Debt / EBITDA | — | — | — | 2.54 | 1.84 | — |
| Net Debt / Equity | — | — | — | -0.26 | -0.15 | -1.30 |
| Net Debt / EBITDA | — | — | — | -1.04 | -0.37 | — |
| Debt / FCF | — | — | — | — | — | — |
| Interest Coverage | -2.82 | -2.82 | -22.17 | -0.00 | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.89 | 0.89 | 0.61 | 0.95 | 0.95 | 0.66 |
| Quick Ratio | 0.89 | 0.89 | 0.61 | 0.95 | 0.95 | 0.66 |
| Cash Ratio | 0.10 | 0.10 | 0.15 | 0.23 | 0.24 | 0.19 |
| Asset Turnover | — | 2.25 | 2.05 | 1.48 | 1.56 | 1.16 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | 104.02 | 68.09 | 103.89 | 98.99 | 99.37 |
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 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| 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 | — | $35M | $30M | $22M | $26M | $26M |
Insolvency and liquidity constraints
Based on reported figures, Shimmick trades at a P/S multiple of 0.32, a valuation level that suggests the market is pricing in significant execution risk and the potential for further equity dilution rather than assigning value to the firm's specialized water infrastructure project backlog.
The absence of a meaningful P/E or EV/EBITDA multiple highlights the market's skepticism regarding the company's ability to reach sustainable profitability. Investors should monitor whether the current discount to peers like Sterling Infrastructure is a temporary mispricing or a structural reflection of the firm's persistent net losses.
As reported in financial statements, Shimmick’s ROIC has remained deeply negative, reaching -58.1% in 2025Q2, which indicates that the company is currently destroying shareholder capital rather than compounding it through its specialized engineering and construction activities.
The inability to generate positive returns on invested capital suggests that the firm's operational overhead and legacy contract drag are overwhelming its project-level margins. This trend warrants further investigation into whether the 'New Shimmick' strategy can eventually drive returns above the cost of capital.
According to recent quarterly data, the company's DSO has fluctuated significantly, peaking at 140 days in 2027Q1, which suggests that Shimmick faces substantial challenges in converting its project-based revenue into actual cash inflows compared to more efficient heavy civil peers.
High DSO levels often indicate disputes with project owners or delays in the certification of work performed, which can severely strain liquidity. The variability in these cycles implies that the firm lacks the leverage to enforce favorable payment terms with its municipal and government clients.
Based on the company's reported figures, the current ratio has consistently hovered near or below 1.0, with a 0.90 reading in 2027Q1, indicating that the firm maintains a precarious liquidity position that leaves little room for error in managing its large-scale project obligations.
A current ratio below unity suggests that the company may struggle to meet its short-term obligations without relying on external financing or rapid project billings. This vulnerability is exacerbated by the firm's reliance on performance bonds, which require a stable balance sheet to maintain.
Investors frequently misapply P/S multiples to Shimmick, failing to recognize that in the heavy civil construction industry, revenue volume is often a vanity metric that obscures the underlying profitability and cash-burn risks inherent in fixed-price, long-term government contracts.
A more appropriate focus would be on the 'Backlog Burn Rate' and 'Unbilled Receivables' as a percentage of revenue, which provide a clearer picture of operational health. Relying on revenue multiples ignores the reality that low-margin or loss-making projects actually increase the firm's risk profile as they scale.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SHIM stock.
Shimmick Corporation Common Stock's current P/E ratio is -5.0x. This places it at the 50th percentile of its historical range.
Based on historical data, Shimmick Corporation Common Stock is trading at a P/E of -5.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Shimmick Corporation Common Stock has 6.8% gross margin and -4.3% operating margin.