Bullfrog AI Holdings, Inc. (BFRG) Key Metrics
BFRG valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $9.5M
- Enterprise value
- $10.8M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 31.8
- Price / book
- 2.5 10-yr median 4.3
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −2.74
BFRG key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsBFRG valuation Price multiples at each fiscal year-end price.
Price / sales
78.2
2025 · hover or tap a bar for each year
20202025
Price / book+28.6%
4.3
2025 · hover or tap a bar for each year
20202025
Free cash flow yield−26.5 pts
−60.5%
2025 · hover or tap a bar for each year
20202025
BFRG returns How much profit the business earns on the capital it uses.
Return on equity+2.1 pts
−183.0%
2025 · hover or tap a bar for each year
20202025
Return on assets+12.5 pts
−155.5%
2025 · hover or tap a bar for each year
20202025
Asset turnover
0.03
2025 · hover or tap a bar for each year
20202025
BFRG per-share figures Results divided by the shares outstanding at year-end.
Revenue per share
$0.01
2025 · hover or tap a bar for each year
20202025
Earnings per share
−$0.63
2025 · hover or tap a bar for each year
20202025
Free cash flow per share
−$0.53
2025 · hover or tap a bar for each year
20202025
Book value per share−65.7%
$0.21
2025 · hover or tap a bar for each year
20202025
Shares outstanding+25.4%
10.3M
2025 · hover or tap a bar for each year
20202025
BFRG financial health Debt, liquidity and how easily interest is covered.
Net debt+$3.3M
−$2.2M
2025 · hover or tap a bar for each year
20202025
Current ratio−59.2%
3.85
2025 · hover or tap a bar for each year
20202025
BFRG efficiency & capital use Working capital cycle and where the cash goes.
Days payables outstanding−55,957 days
1,163 days
2025 · hover or tap a bar for each year
20202025
Capex / revenue
0.0%
2025 · hover or tap a bar for each year
20202025
BFRG valuation history
Fiscal year-endToday6-year median
BFRG returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BFRG debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BFRG price vs earnings per share
Share price at year-endEPS (right axis)
BFRG key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $9.1M | $16.5M | $19.7M | — | — | — |
| Enterprise value | $6.9M | $11.1M | $17.1M | — | — | — |
| Price / sales | 78.2 | — | 303.4 | — | — | — |
| Price / book | 4.3 | 3.3 | 7.6 | — | — | — |
| EV / sales | 59.5 | — | 263.0 | — | — | — |
| Earnings yield | −71.2% | −42.4% | −27.2% | — | — | — |
| Free cash flow yield | −60.5% | −34.0% | −30.4% | — | — | — |
| Share price at fiscal year-end | $0.88 | $2.00 | $3.26 | — | — | — |
| Per share | ||||||
| Revenue per share | $0.01 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 |
| Earnings per share | −$0.63 | −$0.85 | −$0.89 | −$0.46 | −$0.10 | −$0.06 |
| Operating cash flow per share | −$0.53 | −$0.68 | −$0.99 | −$0.15 | −$0.07 | −$0.04 |
| Free cash flow per share | −$0.53 | −$0.68 | −$0.99 | −$0.15 | −$0.07 | −$0.04 |
| Cash per share | $0.21 | $0.66 | $0.43 | $0.01 | $0.00 | $0.00 |
| Book value per share | $0.21 | $0.60 | $0.43 | −$0.50 | −$0.18 | −$0.10 |
| Tangible book value per share | $0.21 | $0.60 | $0.43 | −$0.50 | −$0.18 | −$0.10 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | — | — | — | $0.26 | $0.10 | $0.04 |
| Shares outstanding | 10.3M | 8.2M | 6.0M | 6.1M | 5.7M | 5.7M |
| Change in shares outstanding | +25.4% | +36.3% | −0.6% | +7.7% | 0.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −183.0% | −185.1% | — | — | — | — |
| Return on assets (ROA) | −155.5% | −167.9% | −374.9% | — | — | — |
| Return on tangible assets | −231.4% | −126.0% | −192.9% | — | — | — |
| Financial health | ||||||
| Total debt | — | — | — | $1.6M | $586,304 | $209,917 |
| Cash & short-term investments | $2.2M | $5.4M | $2.6M | $57,670 | $10,014 | $5,019 |
| Net debt | −$2.2M | −$5.4M | −$2.6M | $1.5M | $576,290 | $204,898 |
| Debt / assets | — | — | — | 19.64 | 58.55 | 41.82 |
| Current ratio | 3.85 | 9.43 | 15.03 | 0.02 | 0.01 | 0.01 |
| Quick ratio | 3.85 | 9.43 | 15.03 | 0.02 | 0.01 | 0.01 |
| Interest coverage | — | -398.5 | -67.9 | -7.1 | -13.7 | -29.5 |
| Working capital | $1.9M | $5.0M | $2.6M | −$3.1M | −$1.0M | −$540,518 |
| Invested capital | −$47,376 | −$472,243 | −$32,494 | −$1.5M | −$432,817 | −$335,620 |
| Tangible asset value | $2.1M | $5.0M | $2.6M | −$3.1M | −$1.0M | −$540,518 |
| Net current asset value | $1.9M | $5.0M | $2.6M | −$3.1M | −$1.0M | −$540,518 |
| Graham net-net per share | $0.15 | $0.59 | $0.40 | −$0.51 | −$0.18 | −$0.10 |
| Capital allocation | ||||||
| Capex / revenue | 0.0% | — | 0.0% | 87.4% | — | — |
| Capex / depreciation | 0.00 | 0.00 | 0.00 | 8.37 | 0.00 | 0.00 |
| Stock-based compensation / revenue | 866.2% | — | 971.6% | 3,401.5% | — | — |
| R&D / revenue | 1,542.6% | — | 2,204.0% | 6,092.7% | — | — |
| SG&A / revenue | 4,128.6% | — | 6,148.4% | 18,557.3% | — | — |
| Efficiency | ||||||
| Days payables outstanding | 1,163.2 | 57,120.2 | 22,730.0 | 139,746.4 | — | — |
| Payables turnover | 0.31 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 |
| Asset turnover | 0.03 | 0.00 | 0.05 | 0.22 | 0.00 | 0.00 |
| Average payables | $302,042 | $269,795 | $323,824 | $306,294 | $81,520 | $94,447 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from BFRG's annual financial statements (latest annual report filed March 19, 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.
BFRG valuation and financial ratios
Bullfrog AI earned a return on equity of −183.0% in fiscal 2025. The share count rose 82.9% from 5.7M to 10.3M over 5 years.
See the BFRG income statement, the BFRG chart for price history, or the BFRG stock overview for the latest quote and news.
BFRG key metrics FAQ
What is Bullfrog AI's return on equity?
Bullfrog AI's return on equity (ROE) was −183.0% in fiscal 2025: net income of -$6.5 million on average shareholders' equity of $3.6 million.
What is Bullfrog AI's free cash flow yield?
Bullfrog AI generated -$5.5 million of free cash flow in fiscal 2025, a free cash flow yield of −60.5% on its market value at year-end ($9.1 million).
What is Bullfrog AI's current ratio?
Bullfrog AI's current ratio was 3.85 at the end of fiscal 2025: current assets were 3.85 times current liabilities.