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STSSSharps Technology, Inc.
$1.11$47M
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Sharps Technology, Inc. (STSS) Financial Ratios

Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -212.1%. (2019–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

STSS Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Market Cap$47M$51M$3M$5M$10M———
Enterprise Value$40M$44M$5M$2M$6M———
P/E Ratio →-0.10———————
P/S Ratio230.15251.67——————
P/B Ratio0.110.191.300.681.02———
P/FCF————————
P/OCF————————

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

STSS EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
EV / Revenue—215.92——————
EV / EBITDA————————
EV / EBIT————————
EV / FCF————————

STSS 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 2021FY 2020FY 2019
Gross Margin-202.5%-202.5%——————
Operating Margin-6512.1%-6512.1%——————
Net Profit Margin-138400.0%-138400.0%——————

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
ROE-212.1%-212.1%-187.2%-112.0%-72.6%-177.1%-174.4%-366.5%
ROA-204.4%-204.4%-97.3%-83.3%-52.3%-114.7%-162.2%-310.8%
ROIC-7.6%-7.6%-120.0%-146.2%-167.5%-250.1%-1315.7%—
ROCE-10.0%-10.0%-153.7%-113.0%-134.8%-170.8%-173.4%-367.1%

STSS Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Debt / Equity0.010.011.89——0.22——
Debt / EBITDA————————
Net Debt / Equity—-0.031.45-0.38-0.43-0.25-0.84-1.13
Net Debt / EBITDA————————
Debt / FCF————————
Interest Coverage-647.82-647.82-4.47—-2.51-26.84——

Net cash position: cash ($10M) exceeds total debt ($3M)

STSS Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Current Ratio2.392.390.611.312.200.5818.186.32
Quick Ratio2.252.250.250.852.110.5418.186.32
Cash Ratio2.212.210.170.822.080.5317.686.32
Asset Turnover—0.00——————
Inventory Turnover0.960.960.410.523.520.24——
Days Sales Outstanding—1273.10——————

STSS 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 2021FY 2020FY 2019
Dividend Yield————————
Payout Ratio————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Earnings Yield————————
FCF Yield————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%———
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%———
Shares Outstanding—$25M$4187$1974$1227$1389$1389$1389

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Capital exhaustion and dilution

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Decoupled from Operational Reality

As reported in recent financial filings, the company's P/S ratio of 219.78 suggests a valuation that is entirely detached from current revenue generation, reflecting speculative market pricing rather than any fundamental assessment of the firm's ability to scale its proprietary safety syringe technology into a viable commercial enterprise.

The extreme P/S multiple indicates that investors are pricing the company as a venture-stage asset rather than a traditional medical device manufacturer. This valuation appears to rely on the potential for future market disruption rather than current earnings, which remain deeply negative and provide no anchor for standard valuation metrics like P/E or EV/EBITDA.

Structural Deficit in Manufacturing Economics

Based on the company's reported figures, the gross margin of -202.49% highlights a severe inability to absorb fixed manufacturing overhead, suggesting that the current production scale is insufficient to achieve the unit-level profitability required to compete with established industry incumbents like Becton Dickinson in the medical instrument sector.

The negative gross margin suggests that the cost of goods sold currently exceeds revenue by a factor of two, which is characteristic of a pre-scale entity struggling with under-absorption of manufacturing overhead. Without a significant increase in production volume, these margins appear structurally unsustainable and indicate that the company is currently losing money on every unit sold.

Working Capital Instability and Inefficiency

As evidenced by the highly volatile cash conversion cycle, which reached 1041 days in 2025Q3, the company's working capital management appears severely strained, suggesting significant friction in converting inventory into cash compared to the more streamlined operations typically observed in established medical device manufacturing peers.

The extreme fluctuations in DSO and DIO metrics suggest that the company is struggling to manage its supply chain and customer collections effectively. This inefficiency likely exacerbates the firm's cash burn, as capital remains tied up in inventory and receivables for extended periods, further limiting the company's operational flexibility.

Liquidity Buffer Facing Rapid Erosion

Based on the company's reported figures, the current ratio of 8.28 in 2026Q1 masks a precarious cash position, as the firm's cash reserves are being rapidly depleted by persistent operating losses and a lack of meaningful revenue generation to offset the ongoing burn rate of the business.

While the current ratio appears high, it is likely inflated by the presence of inventory that may not be easily liquidated at book value. Investors should monitor the rate of cash depletion closely, as the current burn rate suggests that the company's liquidity runway is narrowing significantly without a clear path to self-funding.

Misapplication of Traditional Revenue Multiples

According to standard financial analysis, the P/S ratio is the most commonly misapplied metric for this business model, as it obscures the company's lack of commercial traction and fails to account for the massive, non-recurring costs associated with early-stage medical device manufacturing and regulatory compliance.

Using revenue multiples for a company in the pilot phase of commercialization can lead to a dangerous overestimation of value. A more appropriate focus would be on the 'cash burn per unit of revenue' or 'runway to commercial break-even,' which better capture the existential risks inherent in the firm's current financial structure.

Download Financial Ratios Data

Includes 30+ ratios · 7 years · Updated daily

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STSS — Frequently Asked Questions

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

What is Sharps Technology, Inc.'s P/E ratio?

Sharps Technology, Inc.'s current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.

What is Sharps Technology, Inc.'s ROE?

Sharps Technology, Inc.'s return on equity (ROE) is -212.1%. The historical average is -186.0%.

Is STSS stock overvalued?

Based on historical data, Sharps Technology, Inc. is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Sharps Technology, Inc.'s profit margins?

Sharps Technology, Inc. has -202.5% gross margin and -6512.1% operating margin.