PowerFleet Inc. (AIOT) Key Metrics

NASDAQ: AIOTValuation, returns, debt and efficiency ratios over 10 years.

AIOT valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$320.8M
Enterprise value
$662.8M
P/E (TTM)
—
Forward P/E
14.9
PEG ratio
0.76
Price / sales
0.7
10-yr median 3.5
Price / book
0.8
10-yr median 2.5
EV / EBITDA
8.3
10-yr median 53.7
Dividend yield
—
Beta
1.40

AIOT key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

AIOT valuation Price multiples at each fiscal year-end price.

Price / sales−27.2%
1.6
2025 · hover or tap a bar for each year
2016: 5.7 (+37.6%)2017: 7.6 (+32.6%)2018: 5.4 (−28.4%)2019: 4.9 (−10.4%)2020: 5.8 (+19.4%)2021: 1.3 (−77.7%)2022: 2.1 (+62.4%)2023: 0.3 (−84.1%)2024: 2.2 (+555.2%)2025: 1.6 (−27.2%)
20162025
Price / book−16.3%
1.5
2025 · hover or tap a bar for each year
2016: 13.2 (+55.9%)2017: 9.4 (−28.4%)2018: 9.7 (+2.9%)2019: 3.0 (−68.7%)2020: 4.3 (+40.5%)2021: 1.1 (−73.5%)2022: 2.0 (+79.0%)2023: 0.9 (−53.3%)2024: 1.8 (+89.0%)2025: 1.5 (−16.3%)
20162025
EV / EBITDA−73.9%
12.7
2025 · hover or tap a bar for each year
2020: 84.82021: 395.5 (+366.2%)2022: 58.7 (−85.2%)2023: 9.0 (−84.6%)2024: 48.7 (+439.8%)2025: 12.7 (−73.9%)
20162025
Price / free cash flow
80.5
2025 · hover or tap a bar for each year
2017: 88.22020: 120.92025: 80.5
20162025
Free cash flow yield+5.9 pts
1.2%
2025 · hover or tap a bar for each year
2016: −1.4% (+3.8 pts)2017: 1.1% (+2.5 pts)2018: −0.7% (−1.8 pts)2019: −2.1% (−1.4 pts)2020: 0.8% (+2.9 pts)2021: −5.1% (−6.0 pts)2022: −1.7% (+3.4 pts)2023: −2.2% (−0.5 pts)2024: −4.7% (−2.4 pts)2025: 1.2% (+5.9 pts)
20162025

AIOT valuation history

Fiscal year-endToday10-year median

AIOT returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

AIOT debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

AIOT cash returned to shareholders

DividendsBuybacksFree cash flow

AIOT price vs earnings per share

Share price at year-endEPS (right axis)

AIOT key metrics

2016–2025
PowerFleet Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$711.6M$798.4M$121.8M$285.6M$163.9M$662.1M$399.9M$289.0M$311.5M$211.1M
Enterprise value$972.0M$1.04B$221.0M$297.4M$171.6M$657.7M$425.6M$281.8M$306.4M$209.0M
Price / sales1.62.20.32.11.35.84.95.47.65.7
Price / book1.51.80.92.01.14.33.09.79.413.2
Price / free cash flow80.5————120.9——88.2—
Price / operating cash flow23.4—27.7228.7—74.8——79.5—
EV / sales2.22.90.62.21.45.85.25.37.55.7
EV / EBITDA12.748.79.058.7395.584.8————
EV / free cash flow109.9————120.1——86.7—
Earnings yield−2.9%−6.4%−41.8%−2.5%−7.8%−1.4%−2.7%−2.0%−1.2%−3.0%
Free cash flow yield1.2%−4.7%−2.2%−1.7%−5.1%0.8%−2.1%−0.7%1.1%−1.4%
Dividend yield0.0%11.3%2.8%0.0%2.5%0.0%————
Shareholder yield (dividends + buybacks)0.0%11.7%2.9%0.1%3.0%0.1%0.1%0.2%——
Share price at fiscal year-end$5.32$6.66$3.42$2.69$4.74$7.43$6.51$5.59$6.94$5.42
Per share
Revenue per share$3.32$3.02$10.18$1.27$3.64$1.27$1.33$1.03$0.91$0.95
Earnings per share−$0.15−$0.43−$1.43−$0.07−$0.37−$0.10−$0.18−$0.11−$0.09−$0.16
Operating cash flow per share$0.23−$0.03$0.12$0.01−$0.16$0.10−$0.12−$0.03$0.09−$0.06
Free cash flow per share$0.07−$0.31−$0.08−$0.05−$0.24$0.06−$0.14−$0.04$0.08−$0.08
Cash per share$0.27$0.37$0.68$0.17$0.77$0.46$0.27$0.18$0.14$0.13
Book value per share$3.55$3.73$3.62$1.33$4.19$1.74$2.14$0.58$0.73$0.41
Tangible book value per share−$1.44−$1.63$0.72$0.33$1.02$0.47$0.10$0.30$0.45$0.35
Dividends per share$0.00$0.75$0.10$0.00$0.12$0.00————
Capex per share$0.16$0.28$0.20$0.06$0.09$0.04$0.02$0.00$0.01$0.01
Debt per share$2.22$2.39$3.47$0.28$0.99$0.41$0.69$0.05$0.03$0.08
Shares outstanding133.8M119.9M35.6M106.2M34.6M89.1M61.4M51.7M44.9M39.0M
Change in shares outstanding+11.6%+236.5%−66.4%+207.1%−61.2%+45.1%+18.8%+15.2%+15.2%+2.9%
Returns & profitability
Return on equity (ROE)−4.5%−17.7%−37.8%−4.9%−8.5%−6.3%−13.6%−18.5%−15.8%−34.8%
Return on invested capital (ROIC)2.2%−4.5%−10.7%−3.6%−4.3%−1.9%−8.6%−18.0%−15.5%−32.7%
Return on assets (ROA)−2.2%−8.4%−19.4%−3.1%−5.5%−3.9%−7.6%−9.4%−7.4%−14.4%
Return on tangible assets−7.1%−19.0%−24.8%−6.3%−10.6%−7.6%−11.0%−12.0%−8.0%−15.3%
Free cash flow margin2.0%−10.2%−0.7%−3.7%−6.7%4.8%−10.1%−3.7%8.6%−8.1%
Financial health
Total debt$296.9M$287.1M$123.5M$29.8M$34.2M$36.5M$42.1M$2.4M$1.2M$3.0M
Cash & short-term investments$36.5M$44.4M$24.4M$18.0M$26.5M$41.0M$16.4M$9.5M$6.3M$5.1M
Net debt$260.4M$242.7M$99.1M$11.8M$7.8M−$4.4M$25.7M−$7.2M−$5.1M−$2.1M
Debt / equity0.620.640.960.210.240.240.320.080.040.19
Debt / assets0.310.320.400.140.150.160.190.040.020.07
Net debt / EBITDA3.4011.354.052.3317.93−0.57————
Current ratio1.131.123.901.761.942.431.701.701.531.57
Quick ratio0.991.003.401.271.532.081.311.461.291.35
Interest coverage0.7-1.3-16.2-4.1-3.0-1.5-10.3-33.2-12.0-21.7
Working capital$21.2M$18.1M$126.2M$34.7M$41.6M$53.2M$29.3M$14.9M$10.1M$10.1M
Invested capital$735.9M$689.3M$227.9M$152.7M$152.6M$150.6M$157.3M$22.6M$27.9M$13.9M
Tangible asset value−$185.9M−$195.0M$25.8M$34.0M$35.3M$41.8M$5.9M$15.5M$20.2M$13.5M
Net current asset value−$294.8M−$294.2M−$10.0M$3.4M$833,000$14.0M−$22.7M$3.4M$1.2M−$336,000
Graham net-net per share−$2.59−$2.84−$3.37−$0.21−$0.69−$0.10−$0.80−$0.19−$0.26−$0.33
Capital allocation
Dividends paid$0$90.3M$3.4M$0$4.1M$0————
Share buybacks (net)$0$2.8M$141,000$211,000$794,000$423,000$317,000$652,000——
Dividends + buybacks / free cash flow0.0%————7.7%————
Capex / revenue4.9%9.3%2.0%4.6%2.4%3.0%1.3%0.5%0.9%1.4%
Capex / operating cash flow71.0%—161.3%498.8%—38.1%——9.9%—
Capex / depreciation0.360.710.750.750.350.300.310.160.340.74
Stock-based compensation / revenue1.7%2.6%1.1%3.2%3.7%3.7%4.6%—5.9%4.5%
R&D / revenue4.1%4.4%4.4%6.6%9.1%9.3%10.4%12.9%9.7%12.3%
SG&A / revenue47.0%56.4%19.7%47.0%44.9%45.7%————
Efficiency
Days sales outstanding81.963.133.992.987.886.192.083.795.3120.0
Days of inventory on hand37.743.547.7104.286.698.889.864.677.5109.1
Days payables outstanding81.367.037.883.677.486.0100.298.8113.2140.1
Cash conversion cycle (days)38.339.643.9113.597.098.981.649.559.688.9
Receivables turnover4.465.7910.763.934.164.243.974.363.833.04
Payables turnover4.495.459.664.374.724.243.643.703.222.61
Inventory turnover9.678.407.653.504.223.694.065.654.713.35
Asset turnover0.480.591.380.600.550.500.570.860.780.83
Average receivables$99.6M$62.6M$33.7M$34.4M$30.3M$26.8M$20.7M$12.2M$10.7M$12.1M
Average payables$44.0M$30.8M$17.4M$16.2M$14.0M$12.9M$12.0M$7.4M$6.2M$7.1M
Average inventory$20.4M$20.0M$22.0M$20.3M$15.7M$14.8M$10.7M$4.8M$4.3M$5.5M
Intangibles / total assets69.9%70.5%33.4%48.9%47.7%48.9%55.7%22.7%20.9%5.7%

Computed from AIOT's annual financial statements (latest annual report filed June 15, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

AIOT valuation and financial ratios

PowerFleet earned a return on equity of −4.5% and a return on invested capital of 2.2% in fiscal 2025. It ended the year with $296.9 million of debt and $36.5 million in cash and short-term investments, net debt of $260.4 million. The share count rose 243.4% from 39.0M to 133.8M over 9 years.

See the AIOT income statement, the AIOT chart for price history, or the AIOT stock overview for the latest quote and news.

AIOT key metrics FAQ

What is PowerFleet's EV/EBITDA?

PowerFleet's enterprise value was 12.7 times EBITDA at the end of fiscal 2025 (enterprise value $972.0 million, EBITDA $76.5 million); the current EV/EBITDA is 8.3.

What is PowerFleet's return on equity?

PowerFleet's return on equity (ROE) was −4.5% in fiscal 2025: net income of -$20.6 million on average shareholders' equity of $461.0 million.

What is PowerFleet's ROIC?

PowerFleet's return on invested capital was 2.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does PowerFleet have?

PowerFleet had total debt of $296.9 million at the end of fiscal 2025, a debt-to-equity ratio of 0.62 and $260.4 million of net debt (3.40 times EBITDA).

Does PowerFleet pay a dividend?

PowerFleet did not pay a dividend in fiscal 2025.

What is PowerFleet's free cash flow yield?

PowerFleet generated $8.8 million of free cash flow in fiscal 2025, a free cash flow yield of 1.2% on its market value at year-end ($711.6 million).

What is PowerFleet's current ratio?

PowerFleet's current ratio was 1.13 at the end of fiscal 2025: current assets were 1.13 times current liabilities.

Software - Application key metrics