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UROYUranium Royalty Corp.
$2.82$413M
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  4. Financial Ratios

Uranium Royalty Corp. (UROY) Financial Ratios

Latest Ratios: P/E Ratio -90.0x · EV/EBITDA N/A · ROE -2.0%. (2018–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

UROY 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 2018
Market Cap$413M$229M$264M$193M$297M$254M$44M——
Enterprise Value$404M$217M$243M$188M$305M$246M$32M——
P/E Ratio →-89.97—27.00——————
P/S Ratio37.6914.726.1813.93—————
P/B Ratio1.730.780.961.101.813.350.63——
P/FCF—————————
P/OCF—————————

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

UROY EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
EV / Revenue—13.895.6913.60—————
EV / EBITDA——34.24——————
EV / EBIT——31.30——————
EV / FCF—————————

UROY 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 2018
Gross Margin10.0%10.0%30.3%6.5%—————
Operating Margin-30.8%-30.8%16.6%-27.3%—————
Net Profit Margin-36.3%-36.3%22.9%-42.2%—————

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
ROE-2.0%-2.0%4.3%-3.4%-3.5%-1.9%-5.4%-24.1%-15.5%
ROA-2.0%-2.0%4.2%-3.2%-3.3%-1.9%-4.7%-16.3%-14.8%
ROIC-1.3%-1.3%2.5%-1.7%-3.4%-1.7%-3.4%-4.9%—
ROCE-1.7%-1.7%3.1%-2.1%-4.3%-2.0%-4.5%-8.5%-15.5%

UROY Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Debt / Equity0.000.000.000.060.080.000.000.46—
Debt / EBITDA——0.03——————
Net Debt / Equity—-0.04-0.08-0.030.05-0.09-0.170.39-0.99
Net Debt / EBITDA——-2.96——————
Debt / FCF—————————
Interest Coverage-11.17-11.17862.89-2.58-7.93——-0.11—

Net cash position: cash ($13M) exceeds total debt ($209000)

UROY Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Current Ratio233.49233.4984.0313.43275.7899.81108.612.0719.86
Quick Ratio233.49233.4916.195.15121.4075.36108.612.0719.86
Cash Ratio19.8019.8011.015.10117.0173.49105.852.0619.83
Asset Turnover—0.050.150.07—————
Inventory Turnover——0.160.150.00————
Days Sales Outstanding—0.98118.1013.46—————

UROY 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 2018
Dividend Yield—————————
Payout Ratio—————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Earnings Yield——3.7%——————
FCF Yield—————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%——
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%——
Shares Outstanding—$127M$115M$98M$88M$72M$54M$42M$42M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Asset Concentration and Volatility

Market Pricing Reflects Optionality Premium

Based on reported figures, UROY trades at a price-to-sales multiple of 34.87, which suggests that investors are pricing the company as a long-term growth vehicle rather than a traditional cash-flowing royalty entity, especially given the lack of a meaningful P/E ratio in the trailing twelve months.

The elevated P/S ratio indicates that the market is assigning significant value to the company's underlying resource optionality rather than current earnings. Investors should monitor whether the forward P/E of 125.34 compresses as production from key assets like McArthur River scales, as current valuations appear to rely heavily on future production expectations.

Capital Efficiency Constrained by Scale

According to recent financial statements, UROY's ROIC has struggled to maintain positive territory, fluctuating between -0.9% and 1.6% over the last ten quarters, which suggests that the company has yet to achieve the critical mass necessary to generate meaningful returns on its invested capital base.

The inconsistent ROIC trend reflects the company's transition phase from a development-stage entity to a cash-flowing royalty holder. Until the royalty portfolio generates consistent, high-margin revenue that exceeds the cost of maintaining the corporate structure, returns on capital will likely remain suppressed compared to established precious metal royalty peers.

Working Capital Distorts Operational Metrics

As reported in financial statements, UROY's asset turnover remains exceptionally low at 0.04, a figure that highlights the company's reliance on long-dated royalty interests rather than high-velocity asset utilization, which is typical for a firm in the early stages of its royalty portfolio lifecycle.

The extreme volatility in the cash conversion cycle, often exceeding 5,000 days, is a direct consequence of the company's opportunistic physical uranium inventory management. This metric should be interpreted with caution, as it does not reflect the operational efficiency of the core royalty business, which operates on a much longer, passive timeline.

Robust Liquidity Buffers Operational Risks

Based on reported figures, UROY maintains a strong liquidity position with a current ratio of 325.28 as of 2026Q3, which suggests that the company is well-positioned to navigate potential sector-specific downturns or fund future royalty acquisitions without the immediate need for external debt financing.

The high current ratio is bolstered by significant cash reserves and physical uranium holdings, providing a substantial safety net against the lumpy nature of royalty receipts. This liquidity profile appears to be a deliberate strategic choice to preserve optionality in a volatile commodity market, though it may also indicate underutilized capital.

Misapplication of Traditional P/E Multiples

As indicated by the company's financial data, the P/E ratio is the most commonly misapplied metric for UROY, as it fails to account for the non-cash depletion of royalty interests and the lumpy, non-recurring nature of physical uranium sales that frequently distort net income.

Investors should instead focus on Net Asset Value (NAV) and cash flow from operations, as these metrics better capture the underlying value of the royalty portfolio. Relying on P/E ratios in this context may lead to erroneous conclusions regarding the company's true earning power and long-term viability.

Download Financial Ratios Data

Includes 30+ ratios · 8 years · Updated daily

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UROY — Frequently Asked Questions

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

What is Uranium Royalty Corp.'s P/E ratio?

Uranium Royalty Corp.'s current P/E ratio is -90.0x. The historical average is 27.0x.

What is Uranium Royalty Corp.'s ROE?

Uranium Royalty Corp.'s return on equity (ROE) is -2.0%. The historical average is -6.4%.

Is UROY stock overvalued?

Based on historical data, Uranium Royalty Corp. is trading at a P/E of -90.0x. Compare with industry peers and growth rates for a complete picture.

What are Uranium Royalty Corp.'s profit margins?

Uranium Royalty Corp. has 10.0% gross margin and -30.8% operating margin.