Byrna Technologies Inc. (BYRN) Key Metrics
BYRN valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $113.3M
- Enterprise value
- $76.3M
- P/E (TTM)
- —
- Forward P/E
- 22.7
- PEG ratio
- —
- Price / sales
- 1.2 10-yr median 8.8
- Price / book
- 1.5 10-yr median 7.5
- EV / EBITDA
- 9.6
- Dividend yield
- —
- Beta
- 1.69
BYRN key metrics, FY2016–FY2025
Fiscal year ended November 30, 2025 · U.S. dollarsBYRN valuation Price multiples at each fiscal year-end price.
BYRN returns How much profit the business earns on the capital it uses.
BYRN per-share figures Results divided by the shares outstanding at year-end.
BYRN financial health Debt, liquidity and how easily interest is covered.
BYRN efficiency & capital use Working capital cycle and where the cash goes.
BYRN valuation history
BYRN returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BYRN debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BYRN cash returned to shareholders
BYRN price vs earnings per share
BYRN key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $440.7M | $447.3M | $128.2M | $193.7M | $288.7M | $178.8M | $14.5M | $15.1M | $8.1M | $10.9M |
| Enterprise value | $429.2M | $424.2M | $109.6M | $176.2M | $233.4M | $176.9M | $18.0M | $15.1M | $7.0M | $11.9M |
| P/E ratio | 45.5 | 35.0 | — | — | — | — | — | — | — | — |
| Price / sales | 3.7 | 5.2 | 3.0 | 4.0 | 6.8 | 10.8 | 15.7 | 60.4 | 27.6 | 71.0 |
| Price / book | 6.7 | 8.2 | 3.0 | 4.2 | 4.4 | 21.3 | — | 96.2 | 24.7 | — |
| Price / free cash flow | — | 47.6 | 42.9 | — | — | 160.8 | — | — | — | — |
| Price / operating cash flow | — | 38.1 | 32.9 | — | — | 70.4 | — | — | — | — |
| EV / sales | 3.6 | 4.9 | 2.6 | 3.7 | 5.5 | 10.7 | 19.5 | 60.2 | 24.1 | 77.3 |
| EV / EBITDA | 30.9 | 49.5 | — | — | — | — | — | — | — | — |
| EV / free cash flow | — | 45.2 | 36.7 | — | — | 159.1 | — | — | — | — |
| Earnings yield | 2.2% | 2.9% | −6.4% | −4.1% | −1.1% | −7.0% | −30.4% | −14.3% | −34.7% | −17.6% |
| Free cash flow yield | −2.1% | 2.1% | 2.3% | −8.8% | −2.2% | 0.6% | −27.7% | −12.6% | −18.5% | −15.2% |
| Shareholder yield (dividends + buybacks) | 0.3% | 1.1% | 0.4% | 9.0% | 0.0% | 0.0% | — | — | — | — |
| Share price at fiscal year-end | $18.25 | $19.33 | $5.85 | $8.66 | $14.72 | $14.10 | $1.40 | $1.60 | $1.40 | $2.00 |
| Per share | ||||||||||
| Revenue per share | $4.89 | $3.71 | $1.95 | $2.15 | $2.15 | $1.31 | $0.09 | $0.03 | $0.05 | $0.03 |
| Earnings per share | $0.40 | $0.55 | −$0.37 | −$0.35 | −$0.17 | −$0.99 | −$0.43 | −$0.23 | −$0.49 | −$0.35 |
| Operating cash flow per share | −$0.07 | $0.51 | $0.18 | −$0.62 | −$0.23 | $0.20 | −$0.36 | −$0.17 | −$0.25 | −$0.30 |
| Free cash flow per share | −$0.38 | $0.41 | $0.14 | −$0.76 | −$0.32 | $0.09 | −$0.39 | −$0.20 | −$0.26 | −$0.30 |
| Cash per share | $0.64 | $1.11 | $0.94 | $0.90 | $2.87 | $0.25 | $0.10 | $0.13 | $0.34 | $0.04 |
| Book value per share | $2.72 | $2.35 | $1.93 | $2.06 | $3.37 | $0.66 | −$0.19 | $0.02 | $0.06 | −$0.18 |
| Tangible book value per share | $2.50 | $2.11 | $1.66 | $1.78 | $3.14 | $0.55 | −$0.20 | $0.01 | $0.06 | −$0.18 |
| Capex per share | $0.32 | $0.10 | $0.04 | $0.15 | $0.09 | $0.11 | $0.02 | $0.03 | $0.00 | $0.00 |
| Debt per share | $0.16 | $0.11 | $0.09 | $0.11 | $0.06 | $0.10 | $0.45 | $0.12 | $0.16 | $0.21 |
| Shares outstanding | 24.1M | 23.1M | 21.9M | 22.4M | 19.6M | 12.7M | 10.4M | 9.4M | 5.8M | 5.5M |
| Change in shares outstanding | +4.4% | +5.6% | −2.0% | +14.0% | +54.7% | +22.4% | +9.6% | +63.7% | +5.5% | +8.6% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.1% | 26.5% | −18.6% | −14.1% | −8.8% | −390.8% | — | −890.5% | — | — |
| Return on invested capital (ROIC) | 22.8% | 24.3% | −23.6% | −31.0% | −29.9% | −84.3% | −307.9% | — | — | — |
| Return on assets (ROA) | 12.4% | 20.6% | −15.0% | −11.9% | −6.8% | −101.3% | −141.7% | −88.8% | −215.6% | −149.6% |
| Return on tangible assets | 12.2% | 19.3% | −17.6% | −15.5% | −4.6% | −63.5% | −127.2% | −84.4% | −127.7% | −474.1% |
| Free cash flow margin | −7.8% | 11.0% | 7.0% | −35.6% | −14.9% | 6.7% | −434.7% | −762.4% | −510.4% | — |
| Income quality (OCF / net income) | −0.16 | 0.92 | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $4.0M | $2.6M | $1.9M | $2.5M | $1.1M | $1.3M | $4.6M | $1.1M | $932,533 | $1.2M |
| Cash & short-term investments | $15.5M | $25.7M | $20.5M | $20.1M | $56.3M | $3.2M | $1.1M | $1.2M | $2.0M | $192,826 |
| Net debt | −$11.5M | −$23.1M | −$18.6M | −$17.5M | −$55.2M | −$1.9M | $3.6M | −$36,949 | −$1.0M | $960,714 |
| Debt / equity | 0.06 | 0.05 | 0.04 | 0.06 | 0.02 | 0.15 | — | 7.29 | 2.86 | — |
| Debt / assets | 0.05 | 0.04 | 0.04 | 0.04 | 0.01 | 0.06 | 1.30 | 0.43 | 0.43 | 2.84 |
| Net debt / EBITDA | −0.83 | −2.69 | — | — | — | — | — | — | — | — |
| Current ratio | 3.73 | 3.30 | 4.42 | 4.78 | 8.09 | 1.41 | 0.78 | 0.96 | 2.22 | 0.21 |
| Quick ratio | 1.81 | 2.01 | 2.81 | 3.05 | 7.28 | 1.00 | 0.52 | 0.90 | 2.06 | 0.20 |
| Interest coverage | — | — | — | -38.5 | -96.8 | -4.4 | -2.1 | -6.7 | -3.0 | -7.3 |
| Working capital | $46.6M | $35.5M | $29.6M | $33.7M | $58.0M | $4.8M | −$818,232 | −$101,302 | $1.2M | −$1.1M |
| Invested capital | $54.2M | $31.3M | $23.7M | $28.5M | $10.9M | $6.5M | $1.6M | $120,088 | −$705,887 | −$32,878 |
| Tangible asset value | $60.4M | $48.8M | $36.5M | $39.9M | $61.6M | $6.9M | −$2.1M | $50,703 | $326,623 | −$993,592 |
| Net current asset value | $45.0M | $33.4M | $28.2M | $31.6M | $56.9M | $3.8M | −$2.7M | −$268,379 | $299,672 | −$1.1M |
| Graham number | $4.96 | $5.41 | — | — | — | — | — | — | — | — |
| Graham net-net per share | $0.88 | $0.87 | $0.90 | $0.95 | $2.63 | −$0.52 | −$0.35 | −$0.13 | $0.04 | −$0.21 |
| Capital allocation | ||||||||||
| Share buybacks (net) | $1.1M | $4.7M | $456,000 | $17.5M | $0 | $0 | — | — | — | — |
| Dividends + buybacks / free cash flow | — | 50.1% | 15.3% | — | — | 0.0% | — | — | — | — |
| Capex / revenue | 6.5% | 2.7% | 2.1% | 6.8% | 4.4% | 8.6% | 26.6% | 124.5% | 7.5% | 14.2% |
| Capex / operating cash flow | — | 20.0% | 23.2% | — | — | 56.2% | — | — | — | — |
| Capex / depreciation | 3.60 | 1.57 | 0.72 | 3.80 | 3.77 | 5.89 | 4.54 | 13.51 | 0.48 | 0.47 |
| Stock-based compensation / revenue | 2.6% | 4.0% | 12.6% | 11.3% | 7.5% | 10.2% | 79.2% | 684.0% | 145.8% | 50.6% |
| R&D / revenue | — | 0.7% | 1.4% | 1.0% | 0.7% | 0.3% | 17.1% | — | — | — |
| SG&A / revenue | — | 23.9% | 13.4% | 69.2% | 61.4% | 19.3% | 328.1% | 849.6% | 656.3% | 1,118.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 20.8 | 11.9 | 37.9 | 28.8 | 10.8 | 14.0 | 90.3 | 40.4 | 74.2 | 177.2 |
| Days of inventory on hand | 206.0 | 187.4 | 282.0 | 185.2 | 108.2 | 116.4 | 256.3 | 280.9 | 157.0 | 99.2 |
| Days payables outstanding | 92.2 | 57.2 | 61.7 | 55.3 | 65.0 | 94.1 | 171.2 | 313.4 | 265.9 | 298.8 |
| Cash conversion cycle (days) | 134.6 | 142.1 | 258.2 | 158.6 | 54.0 | 36.3 | 175.4 | 7.8 | -34.7 | -22.4 |
| Receivables turnover | 17.54 | 30.76 | 9.63 | 12.69 | 33.84 | 26.04 | 4.04 | 9.05 | 4.92 | 2.06 |
| Payables turnover | 3.96 | 6.38 | 5.92 | 6.60 | 5.62 | 3.88 | 2.13 | 1.16 | 1.37 | 1.22 |
| Inventory turnover | 1.77 | 1.95 | 1.29 | 1.97 | 3.37 | 3.14 | 1.42 | 1.30 | 2.32 | 3.68 |
| Asset turnover | 1.51 | 1.38 | 0.78 | 0.73 | 0.87 | 1.34 | 0.30 | 0.10 | 0.23 | 0.12 |
| Average receivables | $6.7M | $2.8M | $4.4M | $3.8M | $1.2M | $636,128 | $228,584 | $27,663 | $59,492 | $74,765 |
| Average payables | $11.8M | $5.2M | $3.2M | $3.3M | $3.4M | $2.3M | $363,622 | $159,782 | $139,400 | $77,782 |
| Average inventory | $26.3M | $16.9M | $14.7M | $11.0M | $5.7M | $2.9M | $544,434 | $143,212 | $82,313 | $25,821 |
| Intangibles / total assets | 6.3% | 7.8% | 11.2% | 10.7% | 6.0% | 6.9% | 2.8% | 4.0% | 0.0% | 0.0% |
Computed from BYRN's annual financial statements (latest annual report filed February 5, 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.
BYRN valuation and financial ratios
At the end of fiscal 2025 (November 30, 2025), Byrna Technologies traded at 45.5 times earnings. Byrna Technologies earned a return on equity of 16.1% and a return on invested capital of 22.8% in fiscal 2025. It ended the year with $4.0 million of debt and $15.5 million in cash and short-term investments, a net cash position of $11.5 million. It returned $1.1 million to shareholders: $0 in dividends and $1.1 million in share buybacks. The share count rose 341.5% from 5.5M to 24.1M over 9 years.
See the BYRN income statement, the BYRN chart for price history, or the BYRN stock overview for the latest quote and news.
BYRN key metrics FAQ
What is Byrna Technologies's P/E ratio?
Byrna Technologies traded at 45.5 times earnings at the end of fiscal 2025.
What is Byrna Technologies's EV/EBITDA?
Byrna Technologies's enterprise value was 30.9 times EBITDA at the end of fiscal 2025 (enterprise value $429.2 million, EBITDA $13.9 million); the current EV/EBITDA is 9.6.
What is Byrna Technologies's return on equity?
Byrna Technologies's return on equity (ROE) was 16.1% in fiscal 2025: net income of $9.7 million on average shareholders' equity of $60.1 million.
What is Byrna Technologies's ROIC?
Byrna Technologies's return on invested capital was 22.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Byrna Technologies have?
Byrna Technologies had total debt of $4.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.06 and more cash than debt.
Does Byrna Technologies buy back its shares?
Yes. Byrna Technologies spent $1.1 million on net share repurchases in fiscal 2025 Shares outstanding changed +4.4% over the year, to 24.1M..
What is Byrna Technologies's free cash flow yield?
Byrna Technologies generated -$9.2 million of free cash flow in fiscal 2025, a free cash flow yield of −2.1% on its market value at year-end ($440.7 million).
What is Byrna Technologies's current ratio?
Byrna Technologies's current ratio was 3.73 at the end of fiscal 2025: current assets were 3.73 times current liabilities.