Newegg Commerce, Inc. (NEGG) Key Metrics
NEGG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $228.6M
- Enterprise value
- $271.5M
- P/E (TTM)
- 24.2
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.2 10-yr median 0.7
- Price / book
- 1.8 10-yr median 9.4
- EV / EBITDA
- 14.5 10-yr median 107.2
- Dividend yield
- —
- Beta
- 3.54
NEGG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsNEGG valuation Price multiples at each fiscal year-end price.
Price / sales+466.1%
0.7
2025 · hover or tap a bar for each year
20162025
Price / book+336.9%
6.4
2025 · hover or tap a bar for each year
20162025
EV / EBITDA
170.6
2025 · hover or tap a bar for each year
20162025
Free cash flow yield0.0 pts
−2.9%
2025 · hover or tap a bar for each year
20162025
NEGG returns How much profit the business earns on the capital it uses.
Return on equity+33.1 pts
−3.7%
2025 · hover or tap a bar for each year
20162025
Return on invested capital+34.5 pts
−7.7%
2025 · hover or tap a bar for each year
20162025
Return on assets+8.4 pts
−1.1%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−1.7 pts
−2.1%
2025 · hover or tap a bar for each year
20162025
Asset turnover+20.9%
3.30
2025 · hover or tap a bar for each year
20162025
NEGG per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+12.1%
$71.81
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.24
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$1.47
2025 · hover or tap a bar for each year
20162025
Book value per share+45.2%
$7.99
2025 · hover or tap a bar for each year
20162025
Shares outstanding+4.3%
20.1M
2025 · hover or tap a bar for each year
20162025
NEGG financial health Debt, liquidity and how easily interest is covered.
Debt / equity−42.8%
0.39
2025 · hover or tap a bar for each year
20162025
Net debt−$17.8M
−$44.5M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA
−7.79
2025 · hover or tap a bar for each year
20162025
Current ratio+20.7%
1.41
2025 · hover or tap a bar for each year
20162025
Interest coverage
-9.5
2025 · hover or tap a bar for each year
20162025
Debt / assets−24.7%
0.13
2025 · hover or tap a bar for each year
20162025
NEGG efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−6 days
16 days
2025 · hover or tap a bar for each year
20162025
Days of inventory−1 days
38 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−14 days
44 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle+8 days
10 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−0.1 pts
0.2%
2025 · hover or tap a bar for each year
20162025
NEGG valuation history
Fiscal year-endToday10-year median
NEGG returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NEGG debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NEGG cash returned to shareholders
DividendsBuybacksFree cash flow
NEGG price vs earnings per share
Share price at year-endEPS (right axis)
NEGG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.02B | $154.3M | $477.0M | $488.7M | $4.48B | $1.60B | $923.7M | $3.19B | $4.85B | $2.50B |
| Enterprise value | $976.4M | $127.5M | $461.1M | $463.0M | $4.49B | $1.50B | $924.8M | $3.24B | $4.84B | $2.49B |
| P/E ratio | — | — | — | — | 123.6 | 52.5 | — | — | — | — |
| Price / sales | 0.7 | 0.1 | 0.3 | 0.3 | 1.9 | 0.8 | 0.6 | — | — | 191.5 |
| Price / book | 6.4 | 1.5 | 3.7 | 3.1 | 24.6 | 12.5 | — | — | 434.6 | 179.5 |
| Price / free cash flow | — | — | — | 43.3 | — | 20.4 | — | — | — | — |
| Price / operating cash flow | — | — | — | 23.9 | — | 18.9 | — | — | — | — |
| EV / sales | 0.7 | 0.1 | 0.3 | 0.3 | 1.9 | 0.7 | 0.6 | — | — | 191.0 |
| EV / EBITDA | 170.6 | — | — | — | 107.2 | 38.5 | — | — | — | — |
| EV / free cash flow | — | — | — | 41.0 | — | 19.1 | — | — | — | — |
| Earnings yield | −0.5% | −28.1% | −12.4% | −11.8% | 0.8% | 1.9% | −1.8% | −0.3% | −0.1% | −0.4% |
| Free cash flow yield | −2.9% | −2.9% | −7.1% | 2.3% | −1.5% | 4.9% | −2.2% | −0.1% | −0.1% | −0.1% |
| Dividend yield | — | — | — | 0.3% | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 2.3% | 0.2% | 0.6% | — | 0.0% | — | 1.4% | 0.0% | 0.0% |
| Share price at fiscal year-end | $50.76 | $8.00 | $25.20 | $26.20 | $207.40 | $83.00 | $54.40 | $180.80 | $280.00 | $240.00 |
| Per share | ||||||||||
| Revenue per share | $71.81 | $64.07 | $79.09 | $92.22 | $109.95 | $109.86 | $90.34 | $0.03 | $0.05 | $1.25 |
| Earnings per share | −$0.24 | −$2.25 | −$3.12 | −$3.08 | $1.68 | $1.58 | −$1.00 | −$0.51 | −$0.30 | −$0.93 |
| Operating cash flow per share | −$1.34 | −$0.04 | −$0.20 | $1.10 | −$2.47 | $4.39 | −$0.59 | −$0.21 | −$1.23 | −$0.27 |
| Free cash flow per share | −$1.47 | −$0.23 | −$1.80 | $0.61 | −$3.11 | $4.07 | −$1.20 | −$0.25 | −$0.31 | −$0.33 |
| Cash per share | $5.36 | $5.17 | $5.63 | $6.57 | $4.63 | $8.14 | $0.01 | $0.03 | $0.39 | $1.04 |
| Book value per share | $7.99 | $5.50 | $6.84 | $8.32 | $8.43 | $6.62 | −$0.08 | $0.18 | $0.64 | $1.34 |
| Tangible book value per share | $7.99 | $5.50 | $6.84 | $8.32 | $8.43 | $6.62 | −$0.08 | $0.18 | $0.43 | $0.97 |
| Dividends per share | — | — | — | $0.07 | — | — | — | — | — | — |
| Capex per share | $0.13 | $0.19 | $1.60 | $0.49 | $0.64 | $0.32 | $0.61 | $0.04 | $0.00 | $0.06 |
| Debt per share | $3.14 | $3.79 | $4.78 | $5.19 | $4.96 | $2.93 | $0.07 | $3.32 | $0.09 | $0.36 |
| Shares outstanding | 20.1M | 19.3M | 18.9M | 18.7M | 21.6M | 19.3M | 17.0M | 17.6M | 17.3M | 10.4M |
| Change in shares outstanding | +4.3% | +1.9% | +1.5% | −13.7% | +12.3% | +13.4% | −3.6% | +1.8% | +66.1% | +89.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −3.7% | −36.8% | −41.5% | −34.0% | 23.4% | 48.2% | — | −124.9% | −40.9% | −64.5% |
| Return on invested capital (ROIC) | −7.7% | −42.2% | −46.2% | −24.5% | 30.9% | 162.9% | — | −14.1% | −63.4% | −60.7% |
| Return on assets (ROA) | −1.1% | −9.6% | −11.3% | −9.8% | 6.1% | 10.9% | −423.0% | −83.8% | −32.0% | −51.1% |
| Return on tangible assets | −1.0% | −10.6% | −11.8% | −10.6% | 5.8% | 5.5% | −728.0% | −156.4% | −43.3% | −75.7% |
| Free cash flow margin | −2.1% | −0.4% | −2.3% | 0.7% | −2.8% | 3.7% | −1.3% | −787.6% | −617.9% | −26.1% |
| Income quality (OCF / net income) | — | — | — | — | −1.47 | 2.78 | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $63.2M | $73.0M | $90.6M | $96.8M | $107.2M | $56.4M | $1.2M | $58.5M | $1.5M | $3.7M |
| Cash & short-term investments | $107.8M | $99.7M | $106.5M | $122.6M | $100.0M | $156.6M | $166,312 | $477,309 | $6.8M | $10.8M |
| Net debt | −$44.5M | −$26.7M | −$15.9M | −$25.7M | $7.2M | −$100.3M | $1.0M | $58.1M | −$5.3M | −$7.1M |
| Debt / equity | 0.39 | 0.69 | 0.70 | 0.62 | 0.59 | 0.44 | — | 18.78 | 0.14 | 0.27 |
| Debt / assets | 0.13 | 0.18 | 0.18 | 0.18 | 0.17 | 0.10 | 0.52 | 10.27 | 0.10 | 0.22 |
| Net debt / EBITDA | −7.79 | — | — | — | 0.17 | −2.57 | — | — | — | — |
| Current ratio | 1.41 | 1.16 | 1.16 | 1.26 | 1.23 | 1.10 | 0.52 | 1.87 | 3.67 | 10.17 |
| Quick ratio | 0.76 | 0.76 | 0.70 | 0.76 | 0.54 | 0.64 | 0.18 | 0.83 | 2.70 | 9.83 |
| Interest coverage | -9.5 | -54.2 | -28.0 | -72.3 | 54.8 | 35.2 | -1.3 | -10.6 | -29.6 | -22.6 |
| Working capital | $104.1M | $40.1M | $47.9M | $81.1M | $82.7M | $40.5M | −$1.6M | $1.3M | $7.2M | $10.2M |
| Invested capital | $116.2M | $79.3M | $113.5M | $129.5M | $189.5M | $27.2M | −$246,770 | $61.2M | $5.9M | $6.9M |
| Tangible asset value | $160.7M | $106.1M | $129.4M | $155.2M | $182.3M | $127.5M | −$1.3M | $3.1M | $7.5M | $10.1M |
| Net current asset value | $52.4M | −$17.6M | −$25.2M | $3.9M | −$5.3M | −$1.4M | −$1.9M | $131,312 | $5.4M | $8.7M |
| Graham number | — | — | — | — | $17.84 | $15.35 | — | — | — | — |
| Graham net-net per share | −$3.50 | −$5.29 | −$6.99 | −$6.42 | −$8.05 | −$6.85 | −$0.15 | −$0.06 | $0.22 | $0.81 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $1.4M | — | — | — | — | — | — |
| Share buybacks (net) | $0 | $3.5M | $774,000 | $1.5M | — | $0 | — | $45.1M | $0 | $1.1M |
| Dividends + buybacks / free cash flow | — | — | — | 25.6% | — | 0.0% | — | — | — | — |
| Capex / revenue | 0.2% | 0.3% | 2.0% | 0.5% | 0.6% | 0.3% | 0.7% | 138.8% | 4.6% | 4.9% |
| Capex / operating cash flow | — | — | — | 44.9% | — | 7.3% | — | — | — | — |
| Capex / depreciation | 0.35 | 0.34 | 2.25 | 0.83 | 1.28 | 0.68 | 0.96 | 0.94 | 0.03 | 0.00 |
| Stock-based compensation / revenue | 1.5% | 2.2% | 2.2% | 2.0% | 0.3% | 0.1% | 0.0% | 696.3% | 453.1% | 7,253.5% |
| R&D / revenue | — | — | — | — | — | — | — | 53.9% | 39.1% | 9.1% |
| SG&A / revenue | 11.8% | 13.9% | 15.9% | 15.5% | 12.3% | 11.8% | 13.3% | 1,405.7% | 133,186.2% | 15.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 16.3 | 22.2 | 21.0 | 16.2 | 10.1 | 5.8 | 0.1 | 236.0 | 84.9 | 27.4 |
| Days of inventory on hand | 37.9 | 38.4 | 40.1 | 48.7 | 38.0 | 18.2 | 0.3 | 639.5 | 328.4 | 47.3 |
| Days payables outstanding | 44.1 | 58.1 | 56.8 | 51.9 | 41.1 | 24.0 | 0.1 | 44.0 | 13.3 | 2,874.6 |
| Cash conversion cycle (days) | 10.1 | 2.5 | 4.3 | 12.9 | 6.9 | 0.0 | 0.4 | 831.6 | 400.0 | -2,799.9 |
| Receivables turnover | 22.35 | 16.43 | 17.38 | 22.58 | 36.28 | 62.47 | 3,544.15 | 1.55 | 4.30 | 13.31 |
| Payables turnover | 8.27 | 6.28 | 6.43 | 7.03 | 8.87 | 15.23 | 5,943.83 | 8.30 | 27.52 | 0.13 |
| Inventory turnover | 9.64 | 9.50 | 9.10 | 7.50 | 9.60 | 20.11 | 1,055.31 | 0.57 | 1.11 | 7.71 |
| Asset turnover | 3.30 | 2.73 | 2.88 | 2.94 | 4.01 | 7.56 | 381.92 | 0.05 | 0.05 | 0.69 |
| Average receivables | $64.6M | $75.2M | $86.1M | $76.2M | $65.5M | $33.9M | $432,805 | $361,728 | $205,114 | $981,596 |
| Average payables | $154.3M | $177.4M | $206.9M | $214.0M | $231.1M | $120.9M | $230,332 | $141,168 | $60,170 | $135.3M |
| Average inventory | $132.4M | $117.4M | $146.1M | $200.5M | $213.6M | $91.6M | $1.3M | $2.1M | $1.5M | $2.2M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 23.8% | 23.0% |
Computed from NEGG's annual financial statements (latest annual report filed April 28, 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.
NEGG valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 24.2. Newegg Commerce earned a return on equity of −3.7% and a return on invested capital of −7.7% in fiscal 2025. It ended the year with $63.2 million of debt and $107.8 million in cash and short-term investments, a net cash position of $44.5 million. The share count rose 93.0% from 10.4M to 20.1M over 9 years.
See the NEGG income statement, the NEGG chart for price history, or the NEGG stock overview for the latest quote and news.
NEGG key metrics FAQ
What is Newegg Commerce's P/E ratio?
Newegg Commerce's trailing P/E ratio is 24.2 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2025 it was —.
What is Newegg Commerce's EV/EBITDA?
Newegg Commerce's enterprise value was 170.6 times EBITDA at the end of fiscal 2025 (enterprise value $976.4 million, EBITDA $5.7 million); the current EV/EBITDA is 14.5.
What is Newegg Commerce's return on equity?
Newegg Commerce's return on equity (ROE) was −3.7% in fiscal 2025: net income of -$4.9 million on average shareholders' equity of $133.4 million.
What is Newegg Commerce's ROIC?
Newegg Commerce's return on invested capital was −7.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Newegg Commerce have?
Newegg Commerce had total debt of $63.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.39 and more cash than debt.
What is Newegg Commerce's free cash flow yield?
Newegg Commerce generated -$29.7 million of free cash flow in fiscal 2025, a free cash flow yield of −2.9% on its market value at year-end ($1.0 billion).
What is Newegg Commerce's current ratio?
Newegg Commerce's current ratio was 1.41 at the end of fiscal 2025: current assets were 1.41 times current liabilities.