Latest Ratios: P/E Ratio 28.0x · EV/EBITDA N/A · ROE 5.7%. (2020–2025 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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $245M | $179M | — | $158M | — | — |
| Enterprise Value | $244M | $178M | — | $158M | — | — |
| P/E Ratio → | 28.03 | 27.46 | — | — | — | — |
| P/S Ratio | — | — | — | — | — | — |
| P/B Ratio | 0.81 | 0.79 | — | 1.05 | — | — |
| 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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — |
| 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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | — | — | — | — | — | — |
| Operating Margin | — | — | — | — | — | — |
| Net Profit Margin | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | 5.7% | 5.7% | -0.0% | -0.2% | -1.2% | -0.0% |
| ROA | 5.4% | 5.4% | -0.0% | -0.2% | -1.1% | -0.0% |
| ROIC | -0.4% | -0.4% | -0.1% | -1.1% | -0.9% | — |
| ROCE | -0.5% | -0.5% | -0.1% | -1.4% | -1.1% | -0.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.00 | 0.00 | 3.13 |
| Debt / EBITDA | — | — | — | — | — | 0.35 |
| Net Debt / Equity | — | -0.00 | — | -0.00 | -0.01 | 2.06 |
| Net Debt / EBITDA | — | — | — | — | — | 0.23 |
| Debt / FCF | — | — | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — |
Net cash position: cash ($805124) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 6.71 | 6.71 | — | 0.51 | 3.47 | 0.27 |
| Quick Ratio | 6.71 | 6.71 | — | 0.51 | 3.47 | 0.27 |
| Cash Ratio | 5.80 | 5.80 | — | 0.47 | 2.58 | 0.27 |
| Asset Turnover | — | — | — | — | — | — |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — |
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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | 3.6% | 3.6% | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | 0.0% | — | — |
| Shares Outstanding | — | $18M | $6666 | $16M | $2M | $30M |
Liquidation and deal failure
Based on reported figures, SZZL trades at a P/E of 28.01, a metric that appears largely disconnected from the company's lack of operational revenue and suggests that market participants are pricing the entity based on the optionality of a future merger rather than current fundamental performance.
The P/E ratio is essentially meaningless for a pre-combination SPAC, as it reflects non-operating accounting adjustments rather than earnings power. Investors should monitor the P/B ratio of 0.81, which indicates the stock is trading at a discount to its net asset value, potentially reflecting the market's skepticism regarding the sponsor's ability to secure a high-quality target.
According to recent SEC filings, SZZL's current ratio has fluctuated significantly, reaching 2.00 in 2026Q1, yet this figure masks the underlying reality that the company's cash reserves are rapidly depleting as it continues to fund administrative expenses without any offsetting operational cash inflows.
The volatility in the current ratio, which dropped from 7.02 in 2025Q3 to 2.00 in 2026Q1, suggests an erratic management of working capital and a narrowing window for deal sourcing. This liquidity profile warrants further investigation, as the company may soon require external capital injections to maintain its public listing status.
As reported in financial statements, SZZL's ROIC has remained consistently negative, hovering around -0.1% in 2026Q1, which underscores the structural inability of the shell entity to generate returns on invested capital while it remains in the pre-combination phase of its lifecycle.
The persistent negative ROIC and ROE trends indicate that the company is effectively destroying value through ongoing administrative burn. This decay in capital efficiency is expected to continue until a definitive business combination is executed, at which point the capital structure will be fundamentally altered.
Investors frequently misapply the P/E ratio to SZZL, a practice that obscures the reality that the company is a shell entity with no operational revenue, making traditional valuation multiples entirely inappropriate for assessing the true risk-reward profile of this blank-check investment vehicle.
Instead of earnings-based metrics, analysts should focus on the trust value per share and the remaining time until the liquidation deadline. Relying on P/E ratios in this context may lead to a fundamental misunderstanding of the company's value, which is derived from the sponsor's deal-making capability rather than current income.
Includes 30+ ratios · 5 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SZZL stock.
Sizzle Acquisition Corp. II's current P/E ratio is 28.0x. The historical average is 27.5x. This places it at the 100th percentile of its historical range.
Sizzle Acquisition Corp. II's return on equity (ROE) is 5.7%. The historical average is 0.9%.
Based on historical data, Sizzle Acquisition Corp. II is trading at a P/E of 28.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.