Latest Ratios: P/E Ratio -49.5x · EV/EBITDA N/A · ROE -9.9%. (2004–2025 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 | $4.9B | $3.7B | $2.4B | $1.3B | $1.1B | $456M | $177M | $174M | $259M | $205M | $102M |
| Enterprise Value | $4.8B | $3.6B | $2.3B | $1.3B | $1.1B | $422M | $192M | $188M | $272M | $212M | $114M |
| P/E Ratio → | -49.50 | — | — | — | 216.49 | — | — | — | — | — | — |
| P/S Ratio | 73.30 | 55.48 | 10518.07 | 7.99 | 49.15 | — | — | — | — | — | — |
| P/B Ratio | 4.30 | 3.77 | 3.03 | 2.08 | 3.48 | 3.01 | 2.75 | 2.35 | 4.10 | 4.45 | 3.34 |
| P/FCF | — | — | — | 18.26 | — | — | — | — | — | — | — |
| P/OCF | — | — | — | 18.10 | — | — | — | — | — | — | — |
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 | — | 53.25 | 10127.29 | 7.72 | 47.79 | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | 116.69 | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | 143.10 | 163.60 | — | — | — | — | — | — |
| EV / FCF | — | — | — | 17.64 | — | — | — | — | — | — | — |
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 | 36.6% | 36.6% | 16.5% | 18.9% | 31.5% | — | — | — | — | — | — |
| Operating Margin | -109.7% | -109.7% | -25179.5% | 5.4% | -83.2% | — | — | — | — | — | — |
| Net Profit Margin | -131.1% | -131.1% | -13045.1% | -2.0% | 22.7% | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -9.9% | -9.9% | -4.1% | -0.7% | 2.2% | -13.7% | -21.1% | -25.0% | -32.6% | -46.9% | -56.4% |
| ROA | -8.8% | -8.8% | -3.6% | -0.6% | 2.0% | -11.4% | -15.2% | -18.0% | -22.0% | -28.0% | -30.4% |
| ROIC | -7.2% | -7.2% | -6.6% | 1.5% | -7.0% | -13.3% | -12.9% | -13.7% | -19.0% | -23.9% | -25.9% |
| ROCE | -7.6% | -7.6% | -7.1% | 1.7% | -7.7% | -14.3% | -15.3% | -17.1% | -22.2% | -24.5% | -26.6% |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.31 | 0.26 | 0.31 | 0.42 | 0.63 |
| Debt / EBITDA | — | — | — | 0.12 | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.15 | -0.11 | -0.07 | -0.10 | -0.22 | 0.23 | 0.18 | 0.20 | 0.14 | 0.40 |
| Net Debt / EBITDA | — | — | — | -4.08 | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | -0.62 | — | — | — | — | — | — | — |
| Interest Coverage | -61.54 | -61.54 | -40.42 | 11.01 | 4.45 | -4.15 | -3.22 | -4.61 | -5.28 | -5.22 | -4.77 |
Net cash position: cash ($149M) exceeds total debt ($2M)
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 | 8.85 | 8.85 | 8.05 | 4.53 | 12.03 | 5.66 | 3.23 | 6.42 | 0.68 | 9.64 | 4.39 |
| Quick Ratio | 5.85 | 5.85 | 5.46 | 4.02 | 4.19 | 3.46 | 3.13 | 6.35 | 0.66 | 9.55 | 4.24 |
| Cash Ratio | 5.63 | 5.63 | 5.35 | 3.74 | 3.83 | 3.34 | 2.53 | 5.82 | 0.56 | 9.22 | 3.92 |
| Asset Turnover | — | 0.06 | 0.00 | 0.22 | 0.07 | — | — | — | — | — | — |
| Inventory Turnover | 0.53 | 0.53 | 0.00 | 21.48 | 0.24 | 0.15 | 21.65 | 21.20 | 21.51 | 19.47 | 14.75 |
| Days Sales Outstanding | — | 31.71 | — | — | — | — | — | — | — | — | — |
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 | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 0.5% | — | — | — | — | — | — |
| FCF Yield | — | — | — | 5.5% | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $428M | $397M | $365M | $271M | $210M | $183M | $176M | $157M | $128M | $106M |
Production restart execution risk
Based on reported financial data, UEC trades at a price-to-sales ratio of 79.30, which significantly exceeds typical industrial mining benchmarks and suggests that investors are pricing the company as a speculative proxy for uranium spot prices rather than a traditional, cash-flow-generating mining operation.
The elevated P/S multiple appears to reflect market anticipation of future production capacity rather than current fundamental performance. Investors should monitor whether this valuation premium can be sustained as the company transitions from inventory liquidation to the more capital-intensive phase of active ISR extraction.
As reported in recent financial statements, UEC's ROIC has remained consistently negative, hovering around -3.3% in 2026Q3, which indicates that the company is currently destroying capital as it funds aggressive resource acquisition and facility maintenance ahead of achieving meaningful, sustainable commercial production levels.
The persistent negative return on capital is a structural byproduct of the company's current development-heavy business model. Until the hub-and-spoke ISR projects reach full operational capacity, these metrics will likely remain depressed, warranting further investigation into the company's long-term ability to generate returns above its cost of capital.
According to recent SEC filings, UEC's asset turnover ratio remains negligible at 0.01, highlighting the company's current status as a pre-production developer where the vast majority of assets are tied up in non-productive exploration and evaluation projects rather than active, revenue-generating mining infrastructure.
The lack of meaningful asset turnover suggests that the company's operational efficiency cannot be measured by traditional mining metrics at this stage. Investors should focus on the conversion of these dormant assets into active production, as the current capital structure is heavily weighted toward long-term resource accumulation.
Based on the 2026Q3 balance sheet, UEC maintains a current ratio of 32.67, which provides a substantial liquidity buffer that appears sufficient to fund the company's ongoing operational burn and project development costs without the immediate need for external debt financing or dilutive equity raises.
This liquidity position is a critical differentiator for UEC, allowing it to maintain its zero-debt status while peers may face higher interest rate sensitivity. However, the high quick ratio suggests that a significant portion of this liquidity is held in cash or inventory, which may be subject to market price volatility.
The most commonly misapplied metric for UEC is the P/E ratio, which, at -53.55, provides little insight into the company's value because it fails to account for the massive non-cash exploration expenses and the transactional nature of current inventory-based revenue streams that distort bottom-line earnings.
Analysts should instead focus on Net Asset Value (NAV) per share and the all-in sustaining cost (AISC) of future production to better gauge the company's intrinsic value. Relying on P/E or EBITDA multiples in this development phase risks misinterpreting the company's true economic potential as a future producer.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying UEC stock.
Uranium Energy Corp.'s current P/E ratio is -49.5x. This places it at the 50th percentile of its historical range.
Uranium Energy Corp.'s return on equity (ROE) is -9.9%. The historical average is -48.3%.
Based on historical data, Uranium Energy Corp. is trading at a P/E of -49.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Uranium Energy Corp. has 36.6% gross margin and -109.7% operating margin.