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TURBTurbo Energy, S.A. American Depositary Shares
$1.60$4M
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Turbo Energy, S.A. American Depositary Shares (TURB) Financial Ratios

Latest Ratios: P/E Ratio -2.8x · EV/EBITDA N/A · ROE -54.8%. (2012–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

TURB 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 2019FY 2018FY 2017FY 2016
Market Cap$4M$2M$5M$2M———————
Enterprise Value$11M$8M$8M$6M———————
P/E Ratio →-2.80——————————
P/S Ratio0.160.100.510.19———————
P/B Ratio1.931.271.810.47———————
P/FCF———————————
P/OCF——4.8213.40———————

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

TURB EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.420.810.45———————
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

TURB 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 2019FY 2018FY 2017FY 2016
Gross Margin19.0%19.0%3.6%8.1%14.8%13.1%26.9%20.9%61.2%65.7%41.4%
Operating Margin-3.8%-3.8%-42.2%-20.2%5.4%2.8%-301.2%-159.1%-14.3%-297.6%-1244.5%
Net Profit Margin-5.8%-5.8%-35.4%-15.4%3.3%1.6%-772.9%-275.2%-20.8%-345.5%-1592.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-54.8%-54.8%-84.7%-43.9%47.8%11.4%-64.2%-42.3%-6.6%-39.8%-66.2%
ROA-6.2%-6.2%-23.9%-13.2%8.4%3.9%-56.4%-38.3%-6.5%-38.5%-64.9%
ROIC-8.5%-8.5%-42.0%-19.3%15.3%8.9%-20.9%-19.6%-3.7%-28.3%-56.1%
ROCE-21.4%-21.4%-89.9%-54.6%63.5%17.7%-24.1%-23.8%-4.5%-33.9%-51.4%

TURB Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity4.284.282.010.772.1512.43—————
Debt / EBITDA————4.929.71—————
Net Debt / Equity—3.971.100.652.0210.840.000.000.000.000.00
Net Debt / EBITDA————4.638.47——0.00——
Debt / FCF———————————
Interest Coverage-1.31-1.31-10.72-6.715.523.52—————

TURB Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio0.960.960.931.341.331.105.930.2315.274.907.93
Quick Ratio0.790.790.720.770.410.695.930.2315.274.907.93
Cash Ratio0.030.030.260.270.050.085.360.1012.042.597.87
Asset Turnover—0.810.740.862.041.870.080.140.300.080.06
Inventory Turnover4.674.674.652.162.634.49—————
Days Sales Outstanding—223.76122.96106.4738.4167.4063.2829.3321.07201.23—

TURB 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 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio————7.0%93.6%—————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%———————
Total Shareholder Yield0.0%0.0%0.0%0.0%———————
Shares Outstanding—$2M$2M$2M$2M$2M$1M$1M$969859$862073$823554

Key Metrics

Growth RegimeAccelerating
ProfitabilityStrained
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and solvency risk

Speculative Valuation Amidst Growth Uncertainty

According to recent market data, Turbo Energy trades at a P/S multiple of 0.16, which appears to reflect deep investor skepticism regarding the company's ability to convert its 111% revenue growth into sustainable earnings compared to established peers like Enphase Energy trading at significantly higher premiums.

The low P/S ratio suggests that the market is pricing the company as a distressed distributor rather than a high-growth technology provider. Investors should monitor whether this valuation gap is a temporary mispricing or a rational reflection of the company's inability to achieve positive net margins.

Capital Efficiency Remains Structurally Impaired

As reported in financial statements, the company's ROIC has fluctuated wildly, reaching 4.1% in 2025Q4 after periods of deep negative returns, which indicates that Turbo Energy has yet to demonstrate a consistent ability to generate value from its invested capital base in the Iberian market.

The volatility in ROIC suggests that the company's capital allocation is highly sensitive to inventory cycles and procurement costs. Without a sustained improvement in operating margins, the current return profile appears insufficient to justify the capital intensity required to maintain its competitive position against larger, more efficient incumbents.

Working Capital Volatility Hinders Operations

Based on the latest quarterly filings, the company's cash conversion cycle of 19 days in 2025Q4 represents a significant improvement from previous periods, yet the underlying DSO and DIO metrics remain erratic, suggesting that management struggles to maintain stable control over its inventory and receivables.

The reliance on rapid inventory turnover to manage cash flow creates a precarious operational environment where any supply chain disruption could lead to immediate liquidity stress. Investors should investigate whether these efficiency gains are sustainable or merely a result of aggressive, short-term inventory liquidation strategies.

Rising Debt Burden Strains Solvency

According to historical balance sheet data, the company's debt-to-equity ratio has climbed to 4.28, a concerning trend that indicates an increasing reliance on external financing to fund operations as the firm struggles to generate positive internal cash flow to support its aggressive expansionary activities.

The high leverage ratio, combined with negative interest coverage in several recent quarters, suggests that the company may face significant refinancing risks if credit conditions tighten. This reliance on debt to bridge the gap between operating losses and growth is unsustainable without a clear path to profitability.

Misapplication of Revenue Growth Metrics

Market participants often over-rely on top-line revenue growth as a proxy for success, yet as indicated by the company's financial history, this metric obscures the underlying margin compression and the high cost of customer acquisition that currently prevents Turbo Energy from achieving true operational scalability.

Investors should prioritize the analysis of gross margin stability and free cash flow generation over revenue growth, as the latter can be artificially inflated by low-margin distribution contracts. Focusing on revenue alone ignores the structural risks inherent in the company's current hardware-heavy, low-margin business model.

Download Financial Ratios Data

Includes 30+ ratios · 14 years · Updated daily

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TURB — Frequently Asked Questions

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

What is Turbo Energy, S.A. American Depositary Shares's P/E ratio?

Turbo Energy, S.A. American Depositary Shares's current P/E ratio is -2.8x. This places it at the 50th percentile of its historical range.

What is Turbo Energy, S.A. American Depositary Shares's ROE?

Turbo Energy, S.A. American Depositary Shares's return on equity (ROE) is -54.8%. The historical average is -60.8%.

Is TURB stock overvalued?

Based on historical data, Turbo Energy, S.A. American Depositary Shares is trading at a P/E of -2.8x. 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 Turbo Energy, S.A. American Depositary Shares's profit margins?

Turbo Energy, S.A. American Depositary Shares has 19.0% gross margin and -3.8% operating margin.