Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -1656.0%. (2015–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $498989 | $3M | $71M | $232M | $1.0B | $697M | $440M | $160M | $1.3B | — | — |
| Enterprise Value | $39M | $42M | $145M | $304M | $1.1B | $742M | $493M | $164M | $1.3B | — | — |
| P/E Ratio → | -0.00 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.01 | 0.05 | 0.93 | 2.33 | 9.64 | 8.93 | 3.99 | 7.31 | 62.37 | — | — |
| P/B Ratio | 0.07 | 1.03 | — | 26.56 | 24.47 | 15.92 | 5.74 | 28.64 | 100.67 | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.64 | 1.90 | 3.06 | 10.08 | 9.51 | 4.47 | 7.46 | 61.87 | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 68.3% | 68.3% | 68.3% | 66.3% | 70.2% | 65.9% | 69.4% | 43.3% | 42.9% | 33.1% | 27.4% |
| Operating Margin | -41.9% | -41.9% | -37.1% | -35.1% | -14.0% | -87.0% | -27.4% | -118.0% | -81.1% | -121.4% | -119.1% |
| Net Profit Margin | -72.5% | -72.5% | -48.8% | -43.9% | -21.8% | -104.7% | -36.8% | -130.8% | -83.8% | -140.0% | -133.3% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -1656.0% | -1656.0% | — | -173.6% | -53.9% | -135.7% | -98.7% | -305.6% | -135.2% | — | — |
| ROA | -58.1% | -58.1% | -34.0% | -30.9% | -14.5% | -46.5% | -36.6% | -89.8% | -68.0% | -95.0% | -86.8% |
| ROIC | -39.8% | -39.8% | -29.9% | -30.9% | -12.5% | -46.5% | -32.7% | -335.0% | -489.1% | — | — |
| ROCE | -54.2% | -54.2% | -38.2% | -33.5% | -11.8% | -50.1% | -36.8% | -127.9% | -136.2% | -135.4% | -95.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 15.16 | 15.16 | — | 9.59 | 1.87 | 1.82 | 0.90 | 3.47 | 0.99 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 13.66 | — | 8.26 | 1.13 | 1.04 | 0.70 | 0.60 | -0.80 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -3.55 | -3.55 | -4.11 | -7.65 | -2.98 | -8.14 | -4.01 | -11.65 | -8.53 | -7.62 | -7.10 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.60 | 1.60 | 2.13 | 2.11 | 3.18 | 3.55 | 2.07 | 3.14 | 2.26 | 1.37 | 5.12 |
| Quick Ratio | 1.02 | 1.02 | 1.21 | 1.36 | 2.42 | 3.00 | 1.68 | 2.56 | 2.06 | 1.16 | 3.98 |
| Cash Ratio | 0.14 | 0.14 | 0.17 | 0.29 | 0.89 | 1.05 | 0.33 | 1.72 | 1.68 | 0.91 | 3.45 |
| Asset Turnover | — | 0.95 | 0.82 | 0.79 | 0.67 | 0.49 | 0.58 | 0.71 | 0.65 | 0.80 | 0.65 |
| Inventory Turnover | 1.17 | 1.17 | 0.84 | 1.13 | 1.20 | 1.50 | 1.79 | 2.25 | 4.40 | 3.80 | 2.22 |
| Days Sales Outstanding | — | 108.83 | 146.15 | 144.88 | 171.56 | 263.66 | 194.98 | 109.20 | 66.22 | 58.05 | 31.65 |
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 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% | — | — |
| Shares Outstanding | — | $709000 | $5M | $4M | $4M | $2M | $567799 | $148943 | $116722 | $102451 | $102451 |
Imminent liquidity crisis
As reported in recent financial statements, VERO maintains a 64.0% gross margin, yet this efficiency is entirely negated by an operating margin of -68.9%, indicating that the company's high fixed-cost structure and sales overhead are fundamentally misaligned with its current, shrinking revenue base.
The persistent gap between gross and operating profitability suggests that the company's business model requires significant scale that it is currently failing to achieve. Investors should monitor whether the company can reduce its SG&A intensity, as the current trajectory implies that every additional dollar of revenue is insufficient to cover the associated operational burden.
Based on the latest quarterly data, VERO's ROIC has deteriorated to -21.6%, a trend that highlights the company's inability to generate economic value from its invested capital as it continues to burn through resources without achieving a sustainable competitive advantage in the aesthetic device market.
The consistent decline in return metrics over the last ten quarters suggests that capital allocation has been value-destructive rather than compounding. This trend warrants further investigation into whether the company's core assets, particularly its robotic hair restoration technology, can ever reach the utilization levels required to generate positive returns on invested capital.
According to historical filings, VERO's cash conversion cycle has ballooned to 1,527 days, a figure that reflects severe inefficiencies in managing inventory and collecting receivables compared to industry peers, suggesting that the company's subscription-based financing model is creating significant friction in its cash flow generation.
The extremely high days sales outstanding and inventory days suggest that the company is struggling to convert its placements into actual cash, likely due to credit issues among its physician-customer base. This inefficiency appears to be a structural drag on liquidity that prevents the company from self-funding its operations.
As indicated by the most recent balance sheet, VERO's debt-to-equity ratio has surged to 10.42, a level that, when combined with a negative interest coverage ratio of -7.71, suggests that the company's debt service capacity is severely compromised in the current high-interest-rate environment.
The reliance on debt to fund ongoing operating losses appears to have created a precarious financial position that leaves little room for operational error. Investors should monitor the company's ability to refinance these obligations, as the current leverage profile may necessitate highly dilutive equity raises to avoid a default scenario.
The market's reliance on the P/S ratio of 0.01 for VERO is fundamentally misapplied, as it obscures the company's structural insolvency and the fact that its revenue is currently being generated at a significant operating loss, rendering traditional valuation metrics largely irrelevant for this distressed business model.
Instead of focusing on revenue multiples, analysts should prioritize a liquidation-based valuation or a cash-burn-to-runway analysis to assess the company's survival prospects. The P/S ratio fails to account for the quality of earnings or the credit risk inherent in the company's subscription-based financing, which is the primary driver of its current financial distress.
Includes 30+ ratios · 10 years · Updated daily
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Quick answers to the most common questions about buying VERO stock.
Venus Concept Inc.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.
Venus Concept Inc.'s return on equity (ROE) is -1656.0%. The historical average is -150.5%.
Based on historical data, Venus Concept Inc. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Venus Concept Inc. has 68.3% gross margin and -41.9% operating margin.