Latest Ratios: P/E Ratio -46.7x · EV/EBITDA N/A · ROE -4.0%. (1996–2025 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $58M | $40M | $41M | $70M | $63M | $101M | $56M | $84M | $70M | $101M | $51M |
| Enterprise Value | $38M | $20M | $31M | $62M | $59M | $84M | $51M | $83M | $65M | $95M | $48M |
| P/E Ratio → | -46.71 | — | — | 14.85 | — | — | — | 163.24 | 12.83 | 31.55 | 14.04 |
| P/S Ratio | 1.12 | 0.78 | 0.94 | 0.96 | 1.08 | 2.57 | 1.82 | 1.84 | 1.28 | 1.79 | 0.88 |
| P/B Ratio | 1.82 | 1.30 | 1.33 | 1.77 | 1.85 | 2.60 | 1.84 | 3.25 | 2.53 | 3.87 | 2.10 |
| P/FCF | 7.61 | 5.33 | 26.57 | 15.19 | — | — | — | 24.20 | 19.16 | 20.39 | 12.58 |
| P/OCF | 7.51 | 5.26 | 21.97 | 12.70 | — | — | — | 17.38 | 13.64 | 17.00 | 10.93 |
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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.40 | 0.71 | 0.85 | 1.02 | 2.14 | 1.67 | 1.82 | 1.19 | 1.69 | 0.84 |
| EV / EBITDA | — | — | — | 8.55 | — | — | — | 48.46 | 8.38 | 12.04 | 7.35 |
| EV / EBIT | — | — | — | 9.90 | — | — | — | 210.29 | 9.61 | 13.95 | 9.23 |
| EV / FCF | — | 2.71 | 19.93 | 13.36 | — | — | — | 23.87 | 17.87 | 19.28 | 11.96 |
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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 48.6% | 48.6% | 49.5% | 52.9% | 42.0% | 39.1% | 42.3% | 47.9% | 49.0% | 47.3% | 41.6% |
| Operating Margin | -2.7% | -2.7% | -8.4% | 7.9% | -13.2% | -23.8% | -26.7% | 0.7% | 12.4% | 12.1% | 9.1% |
| Net Profit Margin | -2.4% | -2.4% | -22.7% | 6.5% | -10.2% | -10.3% | -18.4% | 1.1% | 9.9% | 5.7% | 6.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.0% | -4.0% | -28.2% | 13.0% | -16.3% | -11.7% | -20.0% | 1.9% | 20.3% | 12.8% | 14.5% |
| ROA | -2.8% | -2.8% | -20.0% | 8.9% | -11.6% | -8.7% | -14.4% | 1.5% | 15.7% | 9.7% | 11.2% |
| ROIC | -6.7% | -6.7% | -10.6% | 13.9% | -21.8% | -29.4% | -24.3% | 1.1% | 23.4% | 24.3% | 18.2% |
| ROCE | -4.5% | -4.5% | -10.1% | 14.9% | -19.9% | -24.4% | -25.5% | 1.2% | 24.6% | 26.6% | 20.4% |
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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.02 | 0.02 | 0.14 | 0.10 | 0.14 | 0.07 | 0.19 | 0.12 | — | — | — |
| Debt / EBITDA | — | — | — | 0.54 | — | — | — | 1.78 | — | — | — |
| Net Debt / Equity | — | -0.64 | -0.33 | -0.21 | -0.09 | -0.43 | -0.15 | -0.04 | -0.17 | -0.21 | -0.10 |
| Net Debt / EBITDA | — | — | — | -1.17 | — | — | — | -0.67 | -0.60 | -0.70 | -0.38 |
| Debt / FCF | — | -2.63 | -6.63 | -1.83 | — | — | — | -0.33 | -1.29 | -1.12 | -0.62 |
| Interest Coverage | -4.17 | -4.17 | -10.08 | 20.04 | -36.99 | -37.75 | -61.84 | 14.11 | 250.33 | 206.48 | 157.58 |
Net cash position: cash ($20M) exceeds total debt ($561000)
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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.97 | 2.97 | 2.98 | 3.01 | 2.27 | 3.79 | 4.21 | 3.26 | 4.08 | 3.59 | 3.12 |
| Quick Ratio | 2.14 | 2.14 | 1.72 | 1.70 | 1.51 | 3.00 | 2.52 | 1.68 | 2.14 | 2.38 | 1.81 |
| Cash Ratio | 1.57 | 1.57 | 1.12 | 0.90 | 0.50 | 1.99 | 1.55 | 0.55 | 0.71 | 0.75 | 0.34 |
| Asset Turnover | — | 1.15 | 0.99 | 1.33 | 1.12 | 0.77 | 0.72 | 1.27 | 1.56 | 1.66 | 1.79 |
| Inventory Turnover | 2.44 | 2.44 | 1.36 | 1.93 | 2.80 | 3.11 | 1.57 | 1.97 | 2.17 | 3.34 | 3.44 |
| Days Sales Outstanding | — | 45.12 | 54.74 | 49.37 | 96.85 | 84.27 | 41.48 | 59.32 | 53.66 | 70.96 | 67.50 |
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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | 3.2% | 3.8% | 2.6% | 4.8% |
| Payout Ratio | — | — | — | — | — | — | — | 520.0% | 49.2% | 80.4% | 66.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 6.7% | — | — | — | 0.6% | 7.8% | 3.2% | 7.1% |
| FCF Yield | 13.1% | 18.7% | 3.8% | 6.6% | — | — | — | 4.1% | 5.2% | 4.9% | 7.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.9% | 0.4% | 7.1% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 3.2% | 6.7% | 2.9% | 11.9% |
| Shares Outstanding | — | $10M | $10M | $10M | $10M | $9M | $8M | $8M | $8M | $8M | $8M |
Persistent Operating Margin Deficit
According to recent market data, TACT trades at a price-to-sales ratio of 1.04, which appears to reflect investor skepticism regarding the company's ability to successfully transition from a legacy hardware manufacturer to a high-margin software-as-a-service provider within the competitive food service and gaming technology sectors.
The absence of a meaningful P/E ratio and the negative TTM earnings suggest that the market is currently pricing the company as a turnaround play rather than a steady-state business. Investors should monitor whether the current P/S multiple expands as the recurring revenue mix increases, or if the valuation remains compressed due to the persistent lack of GAAP profitability.
Based on reported figures, TACT's ROIC has struggled to maintain positive territory, fluctuating from a low of -6.6% in 2025Q4 to a modest 4.1% in 2026Q1, indicating that the company has yet to achieve the scale necessary to generate consistent returns on its invested capital.
The volatility in ROIC reflects the ongoing challenge of balancing R&D investments in the BOHA! ecosystem against the cyclical nature of legacy hardware sales. This trend suggests that until the company can stabilize its operating margins, capital efficiency will likely remain secondary to the primary objective of achieving a sustainable break-even point.
As reported in quarterly financial statements, TACT's cash conversion cycle remains highly extended, peaking at 329 days in 2024Q1 and settling at 126 days in 2026Q1, which highlights significant inefficiencies in inventory management and the time required to convert hardware sales into realized cash flows.
The elevated days inventory outstanding, which reached as high as 332 days, suggests that the company may be carrying excess stock or struggling with the timing of product deployments in the gaming sector. This working capital drag warrants further investigation, as it directly impacts the company's ability to self-fund its strategic pivot without relying on its existing cash reserves.
According to the most recent balance sheet filings, TACT maintains a current ratio of 3.13, providing a robust liquidity cushion that appears sufficient to support the company's ongoing operational burn while it navigates the transition toward a more recurring, software-centric revenue model in the hospitality industry.
The company's ability to maintain a quick ratio above 2.0 suggests that it is not overly dependent on inventory liquidation to meet its short-term obligations. This strong liquidity position is a critical safeguard, allowing management the flexibility to pursue long-term growth initiatives despite the current lack of consistent operating cash flow.
The price-to-sales ratio is frequently misapplied to TACT, as it fails to distinguish between low-margin, one-time hardware sales and high-margin, recurring software subscriptions, thereby obscuring the true underlying value of the company's evolving business model and its potential for long-term margin expansion.
Investors should instead focus on the growth rate of recurring revenue streams and the attach rate of software modules to the BOHA! terminal base. Relying solely on P/S multiples may lead to an undervaluation of the company's potential as a specialized software firm, as the market may be incorrectly weighting legacy hardware revenue as the primary driver of future value.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying TACT stock.
TransAct Technologies Incorporated's current P/E ratio is -46.7x. The historical average is 44.3x.
TransAct Technologies Incorporated's return on equity (ROE) is -4.0%. The historical average is 4.3%.
Based on historical data, TransAct Technologies Incorporated is trading at a P/E of -46.7x. Compare with industry peers and growth rates for a complete picture.
TransAct Technologies Incorporated has 48.6% gross margin and -2.7% operating margin.