Latest Ratios: P/E Ratio -2.3x · EV/EBITDA N/A · ROE N/A. (2021–2025 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 |
|---|---|---|---|---|---|---|
| Market Cap | $203M | $236M | $108M | — | — | — |
| Enterprise Value | $352M | $366M | $191M | — | — | — |
| P/E Ratio → | -2.29 | — | — | — | — | — |
| P/S Ratio | 2.77 | 3.67 | 1.77 | — | — | — |
| P/B Ratio | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — |
| P/OCF | 517.24 | 685.72 | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.69 | 3.14 | — | — | — |
| 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 |
|---|---|---|---|---|---|---|
| Gross Margin | 22.0% | 22.0% | 19.8% | 29.3% | 35.1% | 22.7% |
| Operating Margin | -15.4% | -15.4% | -27.5% | 35.7% | 14.4% | -18.8% |
| Net Profit Margin | -106.1% | -106.1% | -138.3% | 40.9% | 1.6% | -61.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | — | — | — | 35.0% | 1.8% | — |
| ROA | -68.5% | -68.5% | -84.2% | 25.7% | 0.9% | -15.2% |
| ROIC | -71.4% | -71.4% | -43.0% | 11.5% | 4.5% | -7.6% |
| ROCE | — | — | -280.9% | 1654.4% | — | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 0.72 | — |
| Debt / EBITDA | — | — | — | 1.51 | 8.24 | — |
| Net Debt / Equity | — | — | — | — | 0.68 | — |
| Net Debt / EBITDA | — | — | — | 1.37 | 7.82 | — |
| Debt / FCF | — | — | — | 17.87 | — | — |
| Interest Coverage | -0.14 | -0.14 | -13.99 | 5.04 | 1.09 | -0.55 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.37 | 0.37 | 0.61 | 0.85 | 0.75 | 0.42 |
| Quick Ratio | 0.25 | 0.25 | 0.45 | 0.66 | 0.62 | 0.30 |
| Cash Ratio | 0.01 | 0.01 | 0.04 | 0.07 | 0.04 | 0.11 |
| Asset Turnover | — | 0.61 | 0.65 | 0.85 | 0.53 | 0.25 |
| Inventory Turnover | 2.77 | 2.77 | 3.10 | 3.90 | 2.47 | 1.59 |
| Days Sales Outstanding | — | 190.94 | 229.32 | 190.22 | 419.45 | 264.33 |
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 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $38M | $35M | $33M | $23M | $28M |
Imminent liquidity and solvency
Based on reported figures, SCHMID's P/S multiple of 3.36x appears disconnected from its negative earnings profile, suggesting that the market is struggling to price the company as a distressed industrial turnaround rather than a high-growth technology enabler, according to recent financial data and peer comparisons.
The absence of meaningful P/E or EV/EBITDA multiples underscores the market's skepticism regarding the company's near-term path to profitability. Investors should monitor whether the current valuation is supported by the potential of the Energy Systems segment or if it remains a legacy artifact of the recent SPAC merger.
As reported in financial statements, SCHMID's ROIC plummeted to -129.1% in 2024Q2, a stark reversal from the 18.5% peak observed in 2023Q2, indicating that the company is currently destroying shareholder value rather than compounding it through its specialized industrial machinery investments.
This rapid decay in returns suggests that the high fixed-cost base in Germany is not being adequately leveraged by current revenue volumes. The volatility in these returns warrants further investigation into whether the company's R&D spend is yielding competitive advantages or merely sustaining an inefficient manufacturing footprint.
According to recent SEC filings, the cash conversion cycle has expanded to 195 days as of 2024Q2, driven by a significant increase in days sales outstanding to 256 days, which suggests that SCHMID is facing substantial friction in collecting payments from its project-based customer base.
The extended cycle indicates that the company is effectively financing its customers' capital expenditures, which is unsustainable given its own thin cash reserves. This inefficiency in working capital management appears to be a primary driver of the company's current liquidity distress.
Based on the company's 2024Q2 balance sheet, the current ratio has deteriorated to 0.60, indicating that current assets are insufficient to cover short-term obligations, a trend that has worsened significantly since the 3.40 ratio reported in 2021Q4, according to historical financial data.
This liquidity position leaves the company with virtually no margin for error in the event of project delays or further revenue contraction. Investors should monitor the company's ability to secure additional financing, as the current cash balance of $1.57M appears inadequate for ongoing operations.
The market's reliance on P/S multiples for SCHMID is fundamentally flawed, as it obscures the company's inability to convert revenue into cash flow, thereby masking the severe liquidity risks inherent in its project-based, high-fixed-cost industrial business model, as evidenced by recent financial disclosures.
Instead of P/S, analysts should focus on the cash-to-burn ratio and the quality of contract assets, which provide a more accurate picture of the company's survival prospects. Relying on top-line multiples in a distressed, capital-intensive environment may lead to a significant overestimation of the company's intrinsic value.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SHMD stock.
SCHMID Group N.V. Class A Ordinary Shares's current P/E ratio is -2.3x. This places it at the 50th percentile of its historical range.
Based on historical data, SCHMID Group N.V. Class A Ordinary Shares is trading at a P/E of -2.3x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
SCHMID Group N.V. Class A Ordinary Shares has 22.0% gross margin and -15.4% operating margin.