DHI Group, Inc. (DHX) Key Metrics
DHX valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $209.5M
- Enterprise value
- $236.7M
- P/E (TTM)
- 161.7 10-yr median 22.7
- Forward P/E
- 15.3
- PEG ratio
- 1.56
- Price / sales
- 1.7 10-yr median 0.9
- Price / book
- 2.1 10-yr median 0.9
- EV / EBITDA
- 13.3 10-yr median 9.0
- Dividend yield
- —
- Beta
- 1.24
DHX key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsDHX valuation Price multiples at each fiscal year-end price.
DHX returns How much profit the business earns on the capital it uses.
DHX per-share figures Results divided by the shares outstanding at year-end.
DHX financial health Debt, liquidity and how easily interest is covered.
DHX efficiency & capital use Working capital cycle and where the cash goes.
DHX valuation history
DHX returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
DHX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
DHX cash returned to shareholders
DHX price vs earnings per share
DHX key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $69.4M | $79.8M | $115.2M | $246.2M | $289.1M | $107.2M | $155.4M | $75.4M | $91.6M | $302.0M |
| Enterprise value | $113.1M | $118.7M | $157.6M | $281.7M | $319.7M | $133.7M | $179.8M | $86.2M | $142.1M | $380.5M |
| P/E ratio | — | 315.5 | 33.0 | 58.9 | — | — | 12.4 | 10.5 | 5.7 | — |
| Price / sales | 0.5 | 0.6 | 0.8 | 1.6 | 2.4 | 1.0 | 1.3 | 0.5 | 0.4 | 1.3 |
| Price / book | 0.7 | 0.7 | 1.1 | 2.3 | 2.5 | 0.8 | 1.0 | 0.5 | 0.7 | 2.9 |
| Price / free cash flow | 5.0 | 11.2 | 105.4 | 13.6 | 20.3 | 41.6 | 17.8 | 15.5 | 4.3 | 9.2 |
| Price / operating cash flow | 3.3 | 3.8 | 5.4 | 6.8 | 10.1 | 5.7 | 6.8 | 5.1 | 2.7 | 6.8 |
| EV / sales | 0.9 | 0.8 | 1.0 | 1.9 | 2.7 | 1.2 | 1.5 | 0.5 | 0.7 | 1.7 |
| EV / EBITDA | 56.1 | 4.9 | 25.1 | 12.4 | 19.1 | — | 9.0 | 3.2 | 4.7 | 8.1 |
| EV / free cash flow | 8.2 | 16.7 | 144.2 | 15.6 | 22.4 | 51.8 | 20.6 | 17.7 | 6.7 | 11.6 |
| Earnings yield | −19.5% | 0.3% | 3.0% | 1.7% | −10.3% | −28.0% | 8.1% | 9.5% | 17.4% | −1.8% |
| Free cash flow yield | 19.9% | 8.9% | 0.9% | 7.3% | 4.9% | 2.4% | 5.6% | 6.5% | 23.1% | 10.9% |
| Dividend yield | — | — | 33.1% | — | — | — | — | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 16.3% | 2.3% | 44.5% | 9.6% | 6.4% | 9.8% | 2.8% | 3.5% | 1.3% | 10.7% |
| Share price at fiscal year-end | $1.55 | $1.77 | $2.59 | $5.29 | $6.24 | $2.22 | $3.01 | $1.52 | $1.90 | $6.25 |
| Per share | ||||||||||
| Revenue per share | $2.85 | $3.15 | $3.41 | $3.22 | $2.59 | $2.30 | $2.27 | $3.26 | $4.31 | $4.70 |
| Earnings per share | −$0.30 | $0.01 | $0.08 | $0.09 | −$0.64 | −$0.62 | $0.24 | $0.14 | $0.33 | −$0.11 |
| Operating cash flow per share | $0.47 | $0.47 | $0.48 | $0.77 | $0.62 | $0.39 | $0.44 | $0.30 | $0.71 | $0.92 |
| Free cash flow per share | $0.31 | $0.16 | $0.02 | $0.39 | $0.31 | $0.05 | $0.17 | $0.10 | $0.44 | $0.68 |
| Cash per share | $0.06 | $0.08 | $0.09 | $0.06 | $0.03 | $0.09 | $0.10 | $0.13 | $0.25 | $0.48 |
| Book value per share | $2.11 | $2.54 | $2.42 | $2.28 | $2.51 | $2.64 | $3.12 | $2.93 | $2.75 | $2.15 |
| Tangible book value per share | −$0.93 | −$0.83 | −$1.00 | −$0.98 | −$0.77 | −$0.50 | −$0.66 | −$0.96 | −$1.74 | −$2.42 |
| Dividends per share | — | — | $0.86 | — | — | — | — | — | $0.00 | $0.00 |
| Capex per share | $0.16 | $0.31 | $0.46 | $0.39 | $0.31 | $0.33 | $0.27 | $0.20 | $0.27 | $0.24 |
| Debt per share | $1.04 | $0.95 | $1.05 | $0.83 | $0.69 | $0.64 | $0.58 | $0.35 | $1.30 | $2.10 |
| Shares outstanding | 44.8M | 45.1M | 44.5M | 46.5M | 46.3M | 48.3M | 51.6M | 49.6M | 48.2M | 48.3M |
| Change in shares outstanding | −0.7% | +1.3% | −4.4% | +0.4% | −4.0% | −6.5% | +4.1% | +2.9% | −0.2% | −6.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −12.9% | 0.2% | 3.3% | 3.8% | −24.4% | −20.8% | 8.2% | 5.2% | 13.5% | −4.5% |
| Return on invested capital (ROIC) | −6.2% | 2.1% | 4.2% | 3.9% | −0.9% | −15.1% | 4.2% | 5.1% | 10.3% | 1.4% |
| Return on assets (ROA) | −6.6% | 0.1% | 1.5% | 1.9% | −12.9% | −11.6% | 4.7% | 2.6% | 5.3% | −1.6% |
| Return on tangible assets | −25.9% | 0.4% | 4.8% | 5.6% | −42.7% | −33.7% | 15.1% | 11.0% | 20.2% | −6.0% |
| Free cash flow margin | 10.8% | 5.0% | 0.7% | 12.1% | 11.9% | 2.3% | 7.4% | 3.0% | 10.2% | 14.5% |
| Income quality (OCF / net income) | — | 83.18 | 6.11 | 8.63 | — | — | 1.83 | 2.08 | 2.15 | — |
| Financial health | ||||||||||
| Total debt | $46.6M | $42.6M | $46.5M | $38.5M | $32.1M | $31.0M | $29.7M | $17.3M | $62.5M | $101.5M |
| Cash & short-term investments | $2.9M | $3.7M | $4.2M | $3.0M | $1.5M | $4.5M | $5.4M | $6.5M | $12.1M | $23.0M |
| Net debt | $43.7M | $38.9M | $42.3M | $35.5M | $30.6M | $26.5M | $24.4M | $10.8M | $50.4M | $78.5M |
| Debt / equity | 0.49 | 0.37 | 0.43 | 0.36 | 0.28 | 0.24 | 0.18 | 0.12 | 0.47 | 0.98 |
| Debt / assets | 0.25 | 0.19 | 0.21 | 0.17 | 0.14 | 0.13 | 0.11 | 0.07 | 0.21 | 0.33 |
| Net debt / EBITDA | 21.67 | 1.61 | 6.73 | 1.57 | 1.82 | — | 1.23 | 0.41 | 1.68 | 1.67 |
| Current ratio | 0.44 | 0.47 | 0.45 | 0.38 | 0.39 | 0.51 | 0.45 | 0.48 | 0.55 | 0.65 |
| Quick ratio | 0.44 | 0.47 | 0.45 | 0.38 | 0.39 | 0.51 | 0.45 | 0.48 | 0.55 | 0.65 |
| Interest coverage | -4.6 | 2.0 | 1.8 | 3.5 | -2.6 | -39.0 | 14.4 | 5.7 | 6.6 | 1.0 |
| Working capital | −$30.6M | −$33.1M | −$38.0M | −$46.3M | −$39.0M | −$31.9M | −$41.0M | −$42.1M | −$48.4M | −$38.1M |
| Invested capital | $138.2M | $153.2M | $149.9M | $141.8M | $146.9M | $154.1M | $185.6M | $156.2M | $183.1M | $182.4M |
| Tangible asset value | −$41.6M | −$37.6M | −$44.4M | −$45.7M | −$35.5M | −$24.3M | −$33.9M | −$47.6M | −$83.9M | −$117.0M |
| Net current asset value | −$69.3M | −$77.4M | −$86.8M | −$92.7M | −$80.8M | −$79.9M | −$84.1M | −$74.2M | −$104.5M | −$136.0M |
| Graham number | — | $0.57 | $2.07 | $2.15 | — | — | $4.13 | $3.09 | $4.53 | — |
| Graham net-net per share | −$1.73 | −$1.92 | −$2.17 | −$2.19 | −$1.93 | −$2.00 | −$1.82 | −$1.77 | −$2.49 | −$3.11 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $38.1M | — | — | — | — | — | $0 | $0 |
| Share buybacks (net) | $11.3M | $1.9M | $13.1M | $23.7M | $18.4M | $10.5M | $4.4M | $2.7M | $1.2M | $32.4M |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | — |
| Dividends + buybacks / free cash flow | 82.1% | 26.3% | — | 131.2% | 128.8% | 408.8% | 50.6% | 54.9% | 5.6% | 98.7% |
| Capex / revenue | 5.7% | 9.8% | 13.3% | 12.0% | 11.9% | 14.5% | 12.1% | 6.2% | 6.4% | 5.2% |
| Capex / operating cash flow | 34.6% | 66.2% | 94.9% | 49.9% | 50.1% | 86.2% | 61.9% | 67.4% | 38.4% | 26.2% |
| Capex / depreciation | 0.51 | 0.78 | 1.20 | 1.03 | 0.84 | 1.34 | 1.46 | 1.03 | 1.11 | 0.70 |
| Stock-based compensation / revenue | 3.8% | 5.7% | 6.5% | 6.4% | 6.9% | 5.7% | 4.9% | 4.1% | 4.1% | 4.9% |
| R&D / revenue | 10.0% | 13.3% | 11.7% | 11.8% | 13.4% | 13.4% | 12.5% | 12.5% | 12.0% | 11.3% |
| SG&A / revenue | 52.3% | 54.5% | 58.4% | 62.4% | 60.3% | 59.7% | 58.4% | 60.2% | 58.3% | 53.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 57.8 | 57.6 | 51.6 | 47.8 | 53.9 | 66.0 | 75.6 | 75.0 | 74.8 | 73.3 |
| Days of inventory on hand | — | — | 0.0 | — | 0.0 | 0.0 | — | 0.0 | — | 24.2 |
| Days payables outstanding | 277.2 | 302.7 | 380.2 | 411.3 | 377.0 | 437.1 | 571.4 | 454.2 | 258.3 | 250.5 |
| Cash conversion cycle (days) | -219.4 | -245.1 | -328.6 | -363.4 | -323.1 | -371.1 | -495.8 | -379.2 | -183.4 | -153.0 |
| Receivables turnover | 6.32 | 6.34 | 7.07 | 7.63 | 6.77 | 5.53 | 4.83 | 4.86 | 4.88 | 4.98 |
| Payables turnover | 1.32 | 1.21 | 0.96 | 0.89 | 0.97 | 0.84 | 0.64 | 0.80 | 1.41 | 1.46 |
| Inventory turnover | — | — | 19,787,000.00 | — | 15,088,000.00 | 14,286,000.00 | — | 36,688,000.00 | — | 15.06 |
| Asset turnover | 0.62 | 0.64 | 0.67 | 0.67 | 0.52 | 0.43 | 0.44 | 0.58 | 0.69 | 0.67 |
| Average receivables | $20.2M | $22.4M | $21.5M | $19.6M | $17.7M | $20.1M | $24.3M | $33.2M | $42.6M | $45.6M |
| Average payables | $14.9M | $16.8M | $20.6M | $19.8M | $15.6M | $17.1M | $21.2M | $22.8M | $21.2M | $22.1M |
| Average inventory | — | — | $1 | — | $1 | $1 | — | $0 | $0 | $2.1M |
| Intangibles / total assets | 72.3% | 68.6% | 67.5% | 67.0% | 68.6% | 63.0% | 70.1% | 74.7% | 73.2% | 71.2% |
Computed from DHX's annual financial statements (latest annual report filed February 12, 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.
DHX valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 161.7 and the forward P/E is 15.3. DHI earned a return on equity of −12.9% and a return on invested capital of −6.2% in fiscal 2025. It ended the year with $46.6 million of debt and $2.9 million in cash and short-term investments, net debt of $43.7 million. It returned $11.3 million to shareholders: $0 in dividends and $11.3 million in share buybacks, 82% of free cash flow. The share count fell 7.3% from 48.3M to 44.8M over 9 years.
See the DHX income statement, the DHX chart for price history, or the DHX stock overview for the latest quote and news.
DHX key metrics FAQ
What is DHI's P/E ratio?
DHI's trailing P/E ratio is 161.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.3. At the end of fiscal 2025 it was —, compared with a 10-year median of 22.7.
What is DHI's EV/EBITDA?
DHI's enterprise value was 56.1 times EBITDA at the end of fiscal 2025 (enterprise value $113.1 million, EBITDA $2.0 million); the current EV/EBITDA is 13.3.
What is DHI's return on equity?
DHI's return on equity (ROE) was −12.9% in fiscal 2025: net income of -$13.5 million on average shareholders' equity of $104.4 million.
What is DHI's ROIC?
DHI's return on invested capital was −6.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does DHI have?
DHI had total debt of $46.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.49 and $43.7 million of net debt (21.67 times EBITDA).
Does DHI buy back its shares?
Yes. DHI spent $11.3 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.7% over the year, to 44.8M..
What is DHI's free cash flow yield?
DHI generated $13.8 million of free cash flow in fiscal 2025, a free cash flow yield of 19.9% on its market value at year-end ($69.4 million).
What is DHI's current ratio?
DHI's current ratio was 0.44 at the end of fiscal 2025: current assets were 0.44 times current liabilities.