Latest Ratios: P/E Ratio -3.4x · EV/EBITDA N/A · ROE -706.1%. (2012–2025 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $117M | $236M | $116M | $141M | $200M | — | — | — | — | — | — |
| Enterprise Value | $147M | $265M | $142M | $162M | $224M | — | — | — | — | — | — |
| P/E Ratio → | -3.38 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.28 | 2.56 | 1.34 | 2.41 | 6255.71 | — | — | — | — | — | — |
| P/B Ratio | 285.34 | 573.32 | 12.78 | 8.72 | 24.65 | — | — | — | — | — | — |
| 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.88 | 1.65 | 2.76 | 6997.12 | — | — | — | — | — | — |
| 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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.3% | 30.3% | 28.5% | 30.7% | 40.9% | -246.3% | -94.7% | 4.0% | 17.2% | 12.5% | 14.1% |
| Operating Margin | -31.6% | -31.6% | -37.2% | -64.3% | -83146.5% | -12034.8% | -3477.9% | -428.6% | -89.6% | -85.4% | -167.4% |
| Net Profit Margin | -36.3% | -36.3% | -41.5% | -67.6% | -84540.0% | -13292.8% | -3577.0% | -439.7% | -347.0% | -1403.4% | -932.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -706.1% | -706.1% | -283.0% | -326.4% | -675.4% | — | — | — | — | — | — |
| ROA | -54.1% | -54.1% | -50.3% | -66.5% | -98.2% | -73.2% | -237.4% | -231.0% | -233.5% | -943.8% | -273.8% |
| ROIC | -66.7% | -66.7% | -66.0% | -82.1% | -140.0% | — | — | — | — | — | — |
| ROCE | -79.9% | -79.9% | -69.9% | -86.1% | -118.1% | -96.0% | -394.6% | -533.0% | — | — | — |
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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 90.75 | 90.75 | 4.35 | 2.33 | 3.75 | — | — | — | — | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 71.19 | 2.95 | 1.30 | 2.92 | — | — | — | — | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -6.77 | -6.77 | -7.82 | -10.62 | -44.90 | -9.23 | -16.93 | -33.28 | -89.65 | -99.37 | -8.42 |
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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.63 | 0.63 | 0.78 | 1.13 | 2.20 | 4.32 | 1.46 | 3.48 | 0.26 | 0.26 | 0.03 |
| Quick Ratio | 0.45 | 0.45 | 0.63 | 0.99 | 1.94 | 3.97 | 1.05 | 2.26 | 0.19 | 0.17 | 0.02 |
| Cash Ratio | 0.33 | 0.33 | 0.48 | 0.69 | 1.90 | 3.96 | 1.04 | 1.84 | 0.15 | 0.14 | 0.02 |
| Asset Turnover | — | 1.59 | 1.31 | 0.77 | 0.00 | 0.00 | 0.07 | 0.93 | 0.74 | 0.56 | 0.34 |
| Inventory Turnover | 15.10 | 15.10 | 16.30 | 11.90 | 0.01 | 0.16 | 0.55 | 2.94 | 2.71 | 2.56 | 9.39 |
| Days Sales Outstanding | — | 7.50 | 10.22 | 21.02 | — | 0.97 | 2.18 | 40.19 | 49.76 | 41.46 | 29.64 |
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 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 0.4% | — | — | 0.0% | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — |
| Total Shareholder Yield | 0.9% | 0.4% | 0.0% | 0.0% | 0.0% | — | — | — | — | — | — |
| Shares Outstanding | — | $109M | $100M | $88M | $79M | $65M | $63M | $58M | $49M | $38M | $35M |
Liquidity and regulatory adoption
Based on reported figures, SKYX trades at a price-to-sales ratio of 1.16, which appears to price in a high-growth technology trajectory that remains disconnected from its current retail-heavy revenue mix and the persistent negative earnings profile observed in recent quarterly filings.
The valuation multiple suggests investors are betting on a successful pivot to high-margin licensing rather than the current reality of low-margin e-commerce operations. This premium warrants caution, as the company lacks the scale and profitability of its industrial peers, making the current P/S ratio highly sensitive to any delays in regulatory adoption.
According to quarterly financial data, SKYX has consistently generated negative ROIC, with figures reaching -20.2% in 2026Q1, indicating that the company is currently destroying shareholder capital rather than compounding it through its ongoing investments in proprietary electrical interface technology.
The persistent negative return on capital reflects the company's inability to generate sufficient operating income to justify its asset base. This trend suggests that the current business model is not yet self-sustaining, and investors should monitor whether future licensing revenue can eventually offset the heavy R&D and SG&A burden.
As reported in financial statements, the company's cash conversion cycle has remained erratic, swinging from a positive 7 days in 2023Q4 to a negative 51 days in 2026Q1, which highlights significant instability in managing inventory and supplier payment terms within the retail segment.
The negative CCC suggests that the company is effectively using supplier credit to fund its operations, which is a precarious strategy given the high debt-to-equity ratio. This reliance on extended DPO to manage cash flow may become a liability if supplier relationships deteriorate or if inventory turnover slows further.
Based on the provided balance sheet data, the debt-to-equity ratio spiked to an extreme 90.75 in 2025Q4, signaling that the company's reliance on debt financing has reached a level that severely limits its strategic flexibility and increases the risk of insolvency during market downturns.
The high leverage relative to the company's thin equity cushion suggests that interest coverage is likely to remain under pressure, especially given the ongoing operating losses. This capital structure appears unsustainable and may necessitate further dilutive equity financing to maintain operations if cash burn does not abate.
Investors frequently misapply top-line revenue growth as a proxy for success, yet as indicated by recent filings, this metric obscures the underlying shift toward lower-margin retail e-commerce and fails to account for the high cost of customer acquisition required to sustain that growth.
A more appropriate metric for this business model would be the ratio of licensing revenue to total revenue, which would better reflect the company's progress toward its high-margin IP goals. Relying on headline revenue growth ignores the structural margin compression caused by the Belami acquisition and the ongoing cash burn.
Includes 30+ ratios · 13 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 SKYX stock.
SKYX Platforms Corp.'s current P/E ratio is -3.4x. This places it at the 50th percentile of its historical range.
SKYX Platforms Corp.'s return on equity (ROE) is -706.1%. The historical average is -304.7%.
Based on historical data, SKYX Platforms Corp. is trading at a P/E of -3.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
SKYX Platforms Corp.'s current dividend yield is 0.87%.
SKYX Platforms Corp. has 30.3% gross margin and -31.6% operating margin.