Gaia, Inc (GAIA) Key Metrics
GAIA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $34.8M
- Enterprise value
- $40.8M
- P/E (TTM)
- — 10-yr median 45.6
- Forward P/E
- 138.9
- PEG ratio
- 1.23
- Price / sales
- 0.4 10-yr median 2.4
- Price / book
- 0.4 10-yr median 1.8
- EV / EBITDA
- 3.5 10-yr median 7.6
- Dividend yield
- —
- Beta
- 1.00
GAIA key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsGAIA valuation Price multiples at each fiscal year-end price.
Price / sales−20.9%
0.9
2025 · hover or tap a bar for each year
20162025
Price / book−20.6%
1.0
2025 · hover or tap a bar for each year
20162025
EV / EBITDA−17.9%
6.9
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−2.3 pts
−0.4%
2025 · hover or tap a bar for each year
20162025
GAIA returns How much profit the business earns on the capital it uses.
Return on equity+1.0 pts
−5.3%
2025 · hover or tap a bar for each year
20162025
Return on invested capital+0.7 pts
−4.6%
2025 · hover or tap a bar for each year
20162025
Return on assets+0.8 pts
−3.0%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−2.5 pts
−0.4%
2025 · hover or tap a bar for each year
20162025
Asset turnover+0.5%
0.67
2025 · hover or tap a bar for each year
20162025
GAIA per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+2.2%
$3.96
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.18
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$0.02
2025 · hover or tap a bar for each year
20162025
Book value per share+1.8%
$3.52
2025 · hover or tap a bar for each year
20162025
Shares outstanding+7.1%
25.0M
2025 · hover or tap a bar for each year
20162025
GAIA financial health Debt, liquidity and how easily interest is covered.
Debt / equity+17.9%
0.17
2025 · hover or tap a bar for each year
20162025
Net debt−$4.4M
$1.3M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−0.33
0.09
2025 · hover or tap a bar for each year
20162025
Current ratio+57.5%
0.59
2025 · hover or tap a bar for each year
20162025
Interest coverage
-34.5
2025 · hover or tap a bar for each year
20162025
Debt / assets+17.4%
0.10
2025 · hover or tap a bar for each year
20162025
GAIA efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−4 days
24 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding+39 days
395 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−43 days
-371 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue+0.6 pts
6.1%
2025 · hover or tap a bar for each year
20162025
GAIA valuation history
Fiscal year-endToday10-year median
GAIA returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
GAIA debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
GAIA cash returned to shareholders
DividendsBuybacksFree cash flow
GAIA price vs earnings per share
Share price at year-endEPS (right axis)
GAIA key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $90.7M | $104.8M | $58.1M | $49.3M | $170.0M | $190.7M | $145.1M | $178.8M | $188.0M | $171.7M |
| Enterprise value | $92.0M | $110.4M | $62.7M | $60.1M | $174.6M | $193.2M | $152.0M | $161.3M | $167.7M | $117.7M |
| P/E ratio | — | — | — | — | 45.6 | 367.5 | — | — | — | 2.0 |
| Price / sales | 0.9 | 1.2 | 0.7 | 0.6 | 2.1 | 2.9 | 2.7 | 4.1 | 6.6 | 10.0 |
| Price / book | 1.0 | 1.3 | 0.7 | 0.6 | 1.9 | 2.6 | 2.1 | 2.2 | 2.5 | 1.8 |
| Price / free cash flow | — | 54.0 | 97.4 | — | 48.2 | — | — | — | — | — |
| Price / operating cash flow | 16.0 | 15.1 | 9.9 | 4.3 | 8.1 | 16.4 | — | — | — | — |
| EV / sales | 0.9 | 1.2 | 0.8 | 0.7 | 2.2 | 2.9 | 2.8 | 3.7 | 5.9 | 6.8 |
| EV / EBITDA | 6.9 | 8.4 | 5.2 | 3.8 | 11.5 | 26.1 | — | — | — | — |
| EV / free cash flow | — | 56.9 | 105.3 | — | 49.5 | — | — | — | — | — |
| Earnings yield | −5.0% | −5.0% | −10.0% | −5.5% | 2.2% | 0.3% | −12.3% | −18.9% | −12.4% | 50.7% |
| Free cash flow yield | −0.4% | 1.9% | 1.0% | −13.7% | 2.1% | −0.9% | −14.7% | −22.5% | −18.0% | −12.8% |
| Dividend yield | — | — | 16.1% | — | — | — | — | — | 0.0% | 1.1% |
| Shareholder yield (dividends + buybacks) | — | 0.0% | 16.4% | 0.0% | — | 0.0% | 0.0% | 0.0% | 0.0% | 45.5% |
| Share price at fiscal year-end | $3.63 | $4.49 | $2.70 | $2.38 | $8.57 | $9.88 | $7.99 | $10.36 | $12.40 | $8.65 |
| Per share | ||||||||||
| Revenue per share | $3.96 | $3.87 | $3.74 | $3.96 | $4.01 | $3.46 | $2.97 | $2.54 | $1.87 | $0.87 |
| Earnings per share | −$0.18 | −$0.22 | −$0.27 | −$0.13 | $0.19 | $0.03 | −$0.99 | −$1.96 | −$1.54 | $4.39 |
| Operating cash flow per share | $0.23 | $0.30 | $0.27 | $0.56 | $1.05 | $0.60 | −$0.14 | −$1.24 | −$1.37 | −$0.77 |
| Free cash flow per share | −$0.02 | $0.08 | $0.03 | −$0.33 | $0.18 | −$0.09 | −$1.17 | −$2.33 | −$2.23 | −$1.11 |
| Cash per share | $0.54 | $0.25 | $0.36 | $0.56 | $0.52 | $0.65 | $0.63 | $1.74 | $2.16 | $2.72 |
| Book value per share | $3.52 | $3.46 | $3.98 | $4.09 | $4.55 | $3.85 | $3.79 | $4.72 | $5.02 | $4.91 |
| Tangible book value per share | $1.82 | −$0.71 | $0.55 | −$0.02 | $2.95 | $2.92 | $0.89 | $2.55 | $2.98 | $3.77 |
| Dividends per share | — | — | $0.43 | — | — | — | — | — | $0.00 | $0.10 |
| Capex per share | $0.24 | $0.21 | $0.25 | $0.88 | $0.87 | $0.69 | $1.03 | $1.09 | $0.86 | $0.33 |
| Debt per share | $0.59 | $0.49 | $0.58 | $1.08 | $0.75 | $0.78 | $1.02 | $0.72 | $0.82 | $0.00 |
| Shares outstanding | 25.0M | 23.3M | 21.5M | 20.7M | 19.8M | 19.3M | 18.2M | 17.3M | 15.2M | 19.9M |
| Change in shares outstanding | +7.1% | +8.5% | +3.8% | +4.4% | +2.7% | +6.3% | +5.2% | +13.8% | −23.6% | −19.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −5.3% | −6.3% | −6.8% | −3.1% | 4.5% | 0.7% | −23.8% | −42.9% | −26.8% | 93.5% |
| Return on invested capital (ROIC) | −4.6% | −5.3% | −3.9% | −0.2% | 2.3% | −4.5% | −19.4% | −47.6% | −40.0% | −21.8% |
| Return on assets (ROA) | −3.0% | −3.9% | −4.4% | −2.0% | 3.1% | 0.5% | −16.8% | −33.1% | −22.8% | 73.9% |
| Return on tangible assets | −4.0% | −11.9% | −10.3% | −5.5% | 3.7% | 0.6% | −33.5% | −48.5% | −35.3% | 103.1% |
| Free cash flow margin | −0.4% | 2.1% | 0.7% | −8.2% | 4.4% | −2.5% | −39.4% | −91.8% | −119.5% | −127.4% |
| Income quality (OCF / net income) | — | — | — | — | 5.59 | 22.45 | — | — | — | −0.18 |
| Financial health | ||||||||||
| Total debt | $14.8M | $11.5M | $12.4M | $22.3M | $14.9M | $15.0M | $18.4M | $12.5M | $12.5M | $0 |
| Cash & short-term investments | $13.5M | $5.9M | $7.8M | $11.6M | $10.3M | $12.6M | $11.5M | $30.0M | $32.8M | $54.0M |
| Net debt | $1.3M | $5.6M | $4.7M | $10.8M | $4.7M | $2.4M | $6.9M | −$17.5M | −$20.3M | −$54.0M |
| Debt / equity | 0.17 | 0.14 | 0.15 | 0.26 | 0.17 | 0.20 | 0.27 | 0.15 | 0.16 | 0.00 |
| Debt / assets | 0.10 | 0.08 | 0.10 | 0.17 | 0.11 | 0.14 | 0.17 | 0.12 | 0.13 | 0.00 |
| Net debt / EBITDA | 0.09 | 0.43 | 0.39 | 0.69 | 0.31 | 0.33 | — | — | — | — |
| Current ratio | 0.59 | 0.38 | 0.51 | 0.63 | 0.50 | 0.77 | 0.87 | 2.65 | 1.83 | 6.14 |
| Quick ratio | 0.59 | 0.38 | 0.51 | 0.63 | 0.50 | 0.77 | 0.87 | 2.65 | 1.83 | 6.14 |
| Interest coverage | -34.5 | -11.8 | -9.8 | -0.8 | 7.5 | -0.9 | -26.8 | — | -48.8 | -47.2 |
| Working capital | −$15.5M | −$26.1M | −$15.3M | −$10.2M | −$14.8M | −$4.9M | −$2.4M | $21.5M | $16.8M | $46.8M |
| Invested capital | $89.2M | $86.3M | $90.2M | $95.6M | $94.9M | $76.7M | $75.9M | $64.0M | $55.9M | $43.5M |
| Tangible asset value | $59.7M | −$3.1M | $13.0M | $665,000 | $58.5M | $56.4M | $16.2M | $43.9M | $45.2M | $74.8M |
| Net current asset value | −$30.0M | −$31.5M | −$27.4M | −$32.1M | −$28.5M | −$19.4M | −$21.0M | $8.8M | $16.1M | $46.2M |
| Graham number | — | — | — | — | $4.39 | $1.53 | — | — | — | $22.02 |
| Graham net-net per share | −$1.40 | −$1.53 | −$1.44 | −$1.71 | −$1.57 | −$1.12 | −$1.32 | $0.31 | $0.84 | $2.26 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | $9.3M | — | — | — | — | — | $0 | $1.9M |
| Share buybacks (net) | — | $0 | $169,000 | $0 | — | $0 | $0 | $0 | $0 | $76.2M |
| Dividend payout ratio | — | — | — | — | — | — | — | — | — | 2.2% |
| Dividends + buybacks / free cash flow | — | 0.0% | — | — | — | — | — | — | — | — |
| Capex / revenue | 6.1% | 5.5% | 6.6% | 22.3% | 21.8% | 19.9% | 34.6% | 43.0% | 46.0% | 38.2% |
| Capex / operating cash flow | 106.6% | 72.0% | 89.8% | 158.5% | 83.1% | 114.4% | — | — | — | — |
| Capex / depreciation | 0.33 | 0.27 | 0.31 | 1.15 | 1.32 | 1.11 | 1.95 | 2.70 | 2.65 | 1.79 |
| Stock-based compensation / revenue | 1.7% | 1.4% | 1.3% | 2.2% | 2.1% | 3.5% | 3.4% | 3.8% | 6.5% | 3.9% |
| SG&A / revenue | 92.2% | 92.7% | 91.2% | 87.0% | 83.8% | 94.0% | 118.7% | 169.3% | 175.0% | 179.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 23.6 | 27.6 | 21.3 | 13.0 | 10.9 | 11.8 | 12.3 | 9.9 | 10.4 | 291.6 |
| Days of inventory on hand | — | — | 0.0 | 0.0 | — | 0.0 | — | — | — | 1,111.1 |
| Days payables outstanding | 394.5 | 355.8 | 304.8 | 275.2 | 241.2 | 241.6 | 305.8 | 242.4 | 201.6 | 1,376.6 |
| Cash conversion cycle (days) | -370.9 | -328.2 | -283.4 | -262.3 | -230.3 | -229.8 | -293.5 | -232.5 | -191.2 | 26.0 |
| Receivables turnover | 15.45 | 13.22 | 17.10 | 28.14 | 33.49 | 30.84 | 29.63 | 36.70 | 35.16 | 1.25 |
| Payables turnover | 0.93 | 1.03 | 1.20 | 1.33 | 1.51 | 1.51 | 1.19 | 1.51 | 1.81 | 0.27 |
| Inventory turnover | — | — | 11,629,000.00 | 10,915,000.00 | — | 8,651,000.00 | — | — | — | 0.33 |
| Asset turnover | 0.67 | 0.67 | 0.61 | 0.61 | 0.65 | 0.62 | 0.51 | 0.43 | 0.28 | 0.15 |
| Average receivables | $6.4M | $6.8M | $4.7M | $2.9M | $2.4M | $2.2M | $1.8M | $1.2M | $804,500 | $13.8M |
| Average payables | $13.8M | $12.2M | $9.7M | $8.2M | $7.0M | $5.7M | $6.0M | $3.8M | $2.2M | $10.7M |
| Average inventory | — | — | $1 | $1 | — | $1 | — | — | $0 | $8.7M |
| Intangibles / total assets | 27.5% | 68.8% | 56.6% | 63.0% | 23.7% | 16.2% | 49.7% | 35.0% | 32.0% | 21.2% |
Computed from GAIA's annual financial statements (latest annual report filed March 6, 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.
GAIA valuation and financial ratios
Gaia earned a return on equity of −5.3% and a return on invested capital of −4.6% in fiscal 2025. It ended the year with $14.8 million of debt and $13.5 million in cash and short-term investments, net debt of $1.3 million. The share count rose 25.9% from 19.9M to 25.0M over 9 years.
See the GAIA income statement, the GAIA chart for price history, or the GAIA stock overview for the latest quote and news.
GAIA key metrics FAQ
What is Gaia's EV/EBITDA?
Gaia's enterprise value was 6.9 times EBITDA at the end of fiscal 2025 (enterprise value $92.0 million, EBITDA $13.4 million); the current EV/EBITDA is 3.5.
What is Gaia's return on equity?
Gaia's return on equity (ROE) was −5.3% in fiscal 2025: net income of -$4.5 million on average shareholders' equity of $84.3 million.
What is Gaia's ROIC?
Gaia's return on invested capital was −4.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Gaia have?
Gaia had total debt of $14.8 million at the end of fiscal 2025, a debt-to-equity ratio of 0.17 and $1.3 million of net debt (0.09 times EBITDA).
What is Gaia's free cash flow yield?
Gaia generated -$0.4 million of free cash flow in fiscal 2025, a free cash flow yield of −0.4% on its market value at year-end ($90.7 million).
What is Gaia's current ratio?
Gaia's current ratio was 0.59 at the end of fiscal 2025: current assets were 0.59 times current liabilities.