Inspired Entertainment, Inc. (INSE) Key Metrics

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

INSE valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$87.2M
Enterprise value
$450.6M
P/E (TTM)
—
10-yr median 17.4
Forward P/E
5.9
PEG ratio
—
Price / sales
0.3
10-yr median 0.9
Price / book
32.1
EV / EBITDA
4.4
10-yr median 7.1
Dividend yield
—
Beta
1.23

INSE key metrics, 2016–2025

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

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

Price / sales+0.6%
0.9
2025 · hover or tap a bar for each year
2017: 1.52018: 0.8 (−47.7%)2019: 1.0 (+25.9%)2020: 0.7 (−22.8%)2021: 1.5 (+106.8%)2022: 1.3 (−15.7%)2023: 0.9 (−31.0%)2024: 0.9 (−0.5%)2025: 0.9 (+0.6%)
20162025
EV / EBITDA−9.5%
6.4
2025 · hover or tap a bar for each year
2017: 19.62018: 5.2 (−73.6%)2019: 12.3 (+138.6%)2020: 12.1 (−1.6%)2021: 10.5 (−13.3%)2022: 6.8 (−35.4%)2023: 6.7 (−0.9%)2024: 7.1 (+5.6%)2025: 6.4 (−9.5%)
20162025
Price / free cash flow−53.4%
42.5
2025 · hover or tap a bar for each year
2019: 46.22020: 6.4 (−86.1%)2023: 36.12024: 91.1 (+152.6%)2025: 42.5 (−53.4%)
20162025
Free cash flow yield+1.3 pts
2.4%
2025 · hover or tap a bar for each year
2017: −9.6%2018: −8.1% (+1.5 pts)2019: 2.2% (+10.2 pts)2020: 15.6% (+13.4 pts)2021: −5.6% (−21.2 pts)2022: −0.4% (+5.2 pts)2023: 2.8% (+3.2 pts)2024: 1.1% (−1.7 pts)2025: 2.4% (+1.3 pts)
20162025

INSE valuation history

Fiscal year-endToday10-year median

INSE returns on capital

ROEROICROA

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

INSE debt vs cash

Total debtCash & short-term investments

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

INSE cash returned to shareholders

DividendsBuybacksFree cash flow

INSE price vs earnings per share

Share price at year-endEPS (right axis)

INSE key metrics

2016–2025
Inspired Entertainment, Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$272.0M$264.3M$288.6M$368.6M$316.3M$147.4M$147.8M$108.2M$179.3M—
Enterprise value$593.3M$585.8M$580.1M$639.6M$600.7M$411.4M$400.7M$217.5M$283.1M—
P/E ratio—4.141.817.4——————
Price / sales0.90.90.91.31.50.71.00.81.5—
Price / free cash flow42.591.136.1——6.446.2———
Price / operating cash flow5.28.35.312.5131.82.84.83.29.8—
EV / sales2.02.01.82.22.92.12.61.52.3—
EV / EBITDA6.47.16.76.810.512.112.35.219.6—
EV / free cash flow92.7202.072.5——17.9125.2———
Earnings yield−6.2%24.5%2.4%5.8%−12.8%−38.5%−27.8%−19.0%−27.4%—
Free cash flow yield2.4%1.1%2.8%−0.4%−5.6%15.6%2.2%−8.1%−9.6%—
Dividend yield———————0.0%0.0%—
Shareholder yield (dividends + buybacks)0.1%0.0%0.6%2.8%0.0%2.1%—0.0%0.0%—
Share price at fiscal year-end$9.36$9.05$9.88$12.67$12.96$6.58$6.75$4.80$9.80$8.45
Per share
Revenue per share$10.46$10.18$11.05$9.78$8.43$8.85$7.01$6.27$6.70—
Earnings per share−$0.58$2.22$0.24$0.73−$1.66−$2.54−$1.88−$0.91−$2.68—
Operating cash flow per share$1.79$1.09$1.87$1.02$0.10$2.36$1.40$1.52$1.00—
Free cash flow per share$0.22$0.10$0.27−$0.05−$0.72$1.03$0.15−$0.39−$0.94—
Cash per share$1.45$1.00$1.37$0.86$1.96$2.10$1.33$1.00$1.09—
Book value per share−$0.56−$0.11−$2.60−$2.94−$4.45−$4.54−$2.71−$0.55−$0.13—
Tangible book value per share−$3.96−$3.41−$5.76−$5.98−$8.52−$10.51−$9.00−$4.61−$5.74—
Dividends per share———————$0.00$0.00—
Capex per share$1.57$0.99$1.60$1.07$0.82$1.33$1.26$1.90$1.93—
Debt per share$12.50$12.01$11.35$10.17$13.61$13.89$12.88$5.84$6.77—
Shares outstanding29.1M29.2M29.2M29.1M24.4M22.4M21.9M22.5M18.3M—
Change in shares outstanding−0.5%−0.1%+0.4%+19.2%+8.9%+2.3%−2.9%+23.2%——
Returns & profitability
Return on invested capital (ROIC)9.4%11.5%11.2%23.4%−2.1%−8.0%−7.1%−5.8%−8.7%1.5%
Return on assets (ROA)−3.9%16.6%2.2%7.1%−12.8%−17.4%−15.4%−9.6%−24.0%−44.3%
Return on tangible assets−5.0%18.9%2.8%10.7%−19.4%−29.8%−21.7%−17.7%−42.2%−63.0%
Free cash flow margin2.1%1.0%2.5%−0.5%−8.6%11.6%2.1%−6.2%−14.0%7.7%
Income quality (OCF / net income)—0.497.931.40——————
Financial health
Total debt$363.3M$350.8M$331.5M$296.0M$332.2M$311.1M$282.0M$131.8M$123.9M$412.6M
Cash & short-term investments$42.0M$29.3M$40.0M$25.0M$47.8M$47.1M$29.1M$22.5M$20.0M$1.5M
Net debt$321.3M$321.5M$291.5M$271.0M$284.4M$264.0M$252.9M$109.3M$103.8M$411.1M
Debt / assets0.830.800.971.031.080.960.860.630.572.17
Net debt / EBITDA3.493.913.392.884.987.797.782.607.1812.99
Current ratio2.231.541.551.691.521.151.081.121.030.76
Quick ratio1.971.271.231.291.330.960.871.020.950.63
Interest coverage0.90.91.31.7-0.1-0.6-0.4-0.4-0.4—
Working capital$87.2M$55.9M$55.0M$52.0M$42.2M$14.1M$7.2M$6.2M$2.0M−$14.1M
Invested capital$305.1M$318.2M$215.6M$185.4M$175.7M$162.3M$193.6M$96.8M$101.5M$115.0M
Tangible asset value−$115.0M−$99.6M−$168.4M−$174.0M−$207.9M−$235.5M−$197.0M−$104.0M−$105.1M−$391.0M
Net current asset value−$298.1M−$281.8M−$263.2M−$245.9M−$293.3M−$316.8M−$291.4M−$161.8M−$158.2M−$441.2M
Graham net-net per share−$12.80−$11.27−$10.68−$9.93−$13.31−$15.32−$14.55−$7.92−$9.64—
Capital allocation
Dividends paid———————$0$0—
Share buybacks (net)$400,000$0$1.6M$10.4M$0$3.1M—$0$0$0
Dividends + buybacks / free cash flow6.2%0.0%20.0%——13.5%———0.0%
Capex / revenue15.0%9.7%14.5%10.9%9.7%15.1%17.9%30.4%28.9%7.9%
Capex / operating cash flow87.7%90.9%85.4%104.7%833.3%56.5%89.6%125.5%193.9%50.8%
Capex / depreciation0.800.601.080.710.380.510.641.031.050.36
Stock-based compensation / revenue2.2%2.6%3.5%3.8%6.3%2.4%5.9%5.0%3.5%—
R&D / revenue6.4%10.3%5.7%6.4%9.6%11.3%2.5%3.4%4.3%10.4%
SG&A / revenue42.1%44.0%35.8%44.4%53.5%53.9%53.2%47.8%51.0%50.7%
Efficiency
Days sales outstanding81.998.571.369.175.469.273.767.784.681.7
Days of inventory on hand98.1119.288.888.186.8109.1121.460.686.8142.9
Days payables outstanding104.0140.893.185.696.0113.9185.0206.4233.0318.2
Cash conversion cycle (days)76.077.067.171.666.264.410.0-78.1-61.6-93.6
Receivables turnover4.463.705.125.284.845.274.955.394.314.47
Payables turnover3.512.593.924.273.803.211.971.771.571.15
Inventory turnover3.723.064.114.144.213.353.016.024.202.55
Asset turnover0.690.761.020.950.650.610.570.660.600.89
Average receivables$68.2M$80.2M$63.1M$53.9M$42.5M$37.6M$31.0M$26.2M$28.4M$26.8M
Average payables$24.6M$35.6M$32.8M$22.2M$18.3M$19.0M$18.3M$17.4M$17.0M$17.8M
Average inventory$23.2M$30.1M$31.3M$22.9M$16.6M$18.2M$12.0M$5.1M$6.3M$8.0M
Intangibles / total assets22.5%22.0%27.0%30.8%32.1%41.3%42.1%44.0%46.9%50.0%

Computed from INSE's annual financial statements (latest annual report filed March 10, 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.

INSE valuation and financial ratios

Inspired Entertainment earned a return on invested capital of 9.4% in fiscal 2025. It ended the year with $363.3 million of debt and $42.0 million in cash and short-term investments, net debt of $321.3 million. It returned $0.4 million to shareholders: $0 in dividends and $0.4 million in share buybacks, 6% of free cash flow.

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

INSE key metrics FAQ

What is Inspired Entertainment's EV/EBITDA?

Inspired Entertainment's enterprise value was 6.4 times EBITDA at the end of fiscal 2025 (enterprise value $593.3 million, EBITDA $92.1 million); the current EV/EBITDA is 4.4.

What is Inspired Entertainment's ROIC?

Inspired Entertainment's return on invested capital was 9.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Inspired Entertainment have?

Inspired Entertainment had total debt of $363.3 million at the end of fiscal 2025 and $321.3 million of net debt (3.49 times EBITDA).

Does Inspired Entertainment buy back its shares?

Yes. Inspired Entertainment spent $0.4 million on net share repurchases in fiscal 2025 Shares outstanding changed −0.5% over the year, to 29.1M..

What is Inspired Entertainment's free cash flow yield?

Inspired Entertainment generated $6.4 million of free cash flow in fiscal 2025, a free cash flow yield of 2.4% on its market value at year-end ($272.0 million).

What is Inspired Entertainment's current ratio?

Inspired Entertainment's current ratio was 2.23 at the end of fiscal 2025: current assets were 2.23 times current liabilities.

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