San Juan Basin Royalty Trust (SJT) Key Metrics
SJT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $197.6M
- Enterprise value
- $145.4M
- P/E (TTM)
- — 10-yr median 12.4
- Forward P/E
- 11.6
- PEG ratio
- 0.72
- Price / sales
- 11.0 10-yr median 11.6
- Price / book
- 83.4 10-yr median 62.5
- EV / EBITDA
- 13.1 10-yr median 12.3
- Dividend yield
- —
- Beta
- 0.70
SJT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSJT valuation Price multiples at each fiscal year-end price.
Price / book+71.6%
114.4
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−3.0 pts
−0.1%
2025 · hover or tap a bar for each year
20162025
SJT returns How much profit the business earns on the capital it uses.
Return on equity−205.6 pts
−15.6%
2025 · hover or tap a bar for each year
20162025
Return on invested capital−272.3 pts
−13.4%
2025 · hover or tap a bar for each year
20162025
Return on assets−145.5 pts
−12.6%
2025 · hover or tap a bar for each year
20162025
Asset turnover−99.8%
0.00
2025 · hover or tap a bar for each year
20162025
SJT per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−99.8%
$0.00
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.01
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$0.01
2025 · hover or tap a bar for each year
20162025
Book value per share−14.5%
$0.05
2025 · hover or tap a bar for each year
20162025
Dividends per share−100.0%
$0.00
2025 · hover or tap a bar for each year
20162025
Shares outstanding0.0%
46.6M
2025 · hover or tap a bar for each year
20162025
SJT financial health Debt, liquidity and how easily interest is covered.
Debt / equity
0.17
2025 · hover or tap a bar for each year
20162025
Net debt+$1.1M
$364,510
2025 · hover or tap a bar for each year
20162025
Current ratio
0.06
2025 · hover or tap a bar for each year
20162025
Debt / assets
0.14
2025 · hover or tap a bar for each year
20162025
SJT efficiency & capital use Working capital cycle and where the cash goes.
Capex / revenue0.0 pts
0.0%
2025 · hover or tap a bar for each year
20162025
SJT valuation history
Fiscal year-endToday10-year median
SJT returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SJT debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SJT cash returned to shareholders
DividendsBuybacksFree cash flow
SJT price vs earnings per share
Share price at year-endEPS (right axis)
SJT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $261.9M | $178.5M | $236.8M | $532.3M | $283.8M | $124.4M | $118.4M | $223.7M | $384.1M | $308.6M |
| Enterprise value | $262.3M | $177.8M | $235.2M | $526.8M | $277.6M | $123.2M | $117.3M | $221.6M | $379.6M | $304.6M |
| P/E ratio | — | 34.6 | 4.6 | 6.9 | 7.9 | 16.8 | 14.6 | 12.4 | 9.8 | 22.2 |
| Price / sales | — | 25.7 | 4.4 | 6.7 | 7.5 | 14.1 | 12.0 | 11.5 | 11.6 | 17.6 |
| Price / book | 114.4 | 66.7 | 86.0 | 179.3 | 76.9 | 24.3 | 21.7 | 38.3 | 58.4 | 39.6 |
| Price / free cash flow | — | 35.1 | 3.1 | 6.9 | 99.0 | 189.5 | 15.4 | 0.1 | 0.9 | 23.8 |
| Price / operating cash flow | — | 35.1 | 3.1 | 6.9 | 99.0 | 189.5 | 15.4 | 13.0 | 10.1 | 23.8 |
| EV / sales | — | 25.6 | 4.4 | 6.7 | 7.4 | 13.9 | 11.8 | 11.4 | 11.4 | 17.4 |
| EV / EBITDA | — | 35.0 | 4.6 | 6.8 | 7.7 | 16.6 | 14.5 | 12.3 | 9.3 | 17.4 |
| EV / free cash flow | — | 35.0 | 3.0 | 6.8 | 96.9 | 187.5 | 15.2 | 0.1 | 0.9 | 23.5 |
| Earnings yield | −0.1% | 2.9% | 21.8% | 14.6% | 12.7% | 6.0% | 6.8% | 8.0% | 10.2% | 4.5% |
| Free cash flow yield | −0.1% | 2.8% | 32.8% | 14.6% | 1.0% | 0.5% | 6.5% | 1,079.2% | 113.8% | 4.2% |
| Dividend yield | 0.0% | 2.9% | 21.8% | 14.6% | 12.7% | 6.0% | 6.8% | 8.0% | 10.2% | 4.5% |
| Shareholder yield (dividends + buybacks) | 0.0% | 2.9% | 21.8% | 14.6% | 12.7% | 6.0% | 6.8% | 8.0% | 10.2% | 4.5% |
| Share price at fiscal year-end | $5.62 | $3.83 | $5.08 | $11.42 | $6.09 | $2.67 | $2.54 | $4.80 | $8.24 | $6.62 |
| Per share | ||||||||||
| Revenue per share | $0.00 | $0.15 | $1.15 | $1.70 | $0.81 | $0.19 | $0.21 | $0.42 | $0.71 | $0.38 |
| Earnings per share | −$0.01 | $0.11 | $1.11 | $1.66 | $0.77 | $0.16 | $0.17 | $0.39 | $0.84 | $0.30 |
| Operating cash flow per share | −$0.01 | $0.11 | $1.66 | $1.66 | $0.06 | $0.01 | $0.17 | $0.37 | $0.81 | $0.28 |
| Free cash flow per share | −$0.01 | $0.11 | $1.66 | $1.66 | $0.06 | $0.01 | $0.17 | $51.80 | $9.38 | $0.28 |
| Cash per share | $0.00 | $0.02 | $0.03 | $0.12 | $0.13 | $0.03 | $0.02 | $0.05 | $0.09 | $0.08 |
| Book value per share | $0.05 | $0.06 | $0.06 | $0.06 | $0.08 | $0.11 | $0.12 | $0.13 | $0.14 | $0.17 |
| Tangible book value per share | $0.05 | $0.06 | $0.06 | $0.06 | $0.08 | $0.11 | $0.12 | $0.13 | $0.00 | $0.00 |
| Dividends per share | $0.00 | $0.11 | $1.11 | $1.66 | $0.77 | $0.16 | $0.17 | $0.39 | $0.84 | $0.30 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $51.43 | $8.57 | $0.00 |
| Debt per share | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M | 46.6M |
| Change in shares outstanding | 0.0% | −0.0% | +0.0% | 0.0% | 0.0% | −0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −15.6% | 190.0% | — | — | 816.1% | 140.3% | 143.2% | 289.4% | 544.9% | 168.7% |
| Return on invested capital (ROIC) | −13.4% | 258.9% | — | — | — | 180.6% | 199.3% | 607.2% | 650.7% | 133.8% |
| Return on assets (ROA) | −12.6% | 132.8% | 807.8% | 844.0% | 440.2% | 114.6% | 111.6% | 189.6% | 344.6% | 125.1% |
| Return on tangible assets | −14.4% | 150.0% | — | 917.6% | 362.2% | 115.7% | 123.9% | 225.5% | 886.1% | 354.2% |
| Free cash flow margin | — | 73.2% | 145.4% | 98.2% | 7.6% | 7.4% | 77.8% | — | — | 74.1% |
| Income quality (OCF / net income) | — | 0.99 | 1.50 | 1.00 | 0.08 | 0.09 | 0.95 | 0.96 | 0.97 | 0.93 |
| Financial health | ||||||||||
| Total debt | $387,808 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash & short-term investments | $23,298 | $760,920 | $1.6M | $5.5M | $6.2M | $1.3M | $1.1M | $2.1M | $4.4M | $3.9M |
| Net debt | $364,510 | −$760,920 | −$1.6M | −$5.5M | −$6.2M | −$1.3M | −$1.1M | −$2.1M | −$4.4M | −$3.9M |
| Debt / equity | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / assets | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net debt / EBITDA | — | −0.15 | −0.03 | −0.07 | −0.17 | −0.17 | −0.13 | −0.12 | −0.11 | −0.22 |
| Current ratio | 0.06 | — | 2.74 | 1.22 | 1.19 | 4.49 | 13.59 | 1.89 | 1.29 | 1.34 |
| Quick ratio | 0.06 | — | 2.74 | 1.22 | 1.19 | 4.49 | 13.59 | 1.89 | 1.29 | 1.34 |
| Working capital | −$364,510 | $760,920 | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Invested capital | $2.7M | $1.9M | $1.2M | −$2.5M | −$2.5M | $3.8M | $4.4M | $3.7M | $2.2M | $3.9M |
| Tangible asset value | $2.3M | $2.7M | $2.8M | $3.0M | $3.7M | $5.1M | $5.5M | $5.8M | $0 | $0 |
| Net current asset value | −$387,808 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Graham number | — | $0.38 | $1.21 | $1.54 | $1.17 | $0.63 | $0.68 | $1.04 | $1.63 | $1.06 |
| Graham net-net per share | −$0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $5.2M | $51.6M | $77.6M | $36.0M | $7.4M | $8.1M | $18.0M | $39.1M | $13.9M |
| Dividend payout ratio | — | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Dividends + buybacks / free cash flow | — | 101.5% | 66.5% | 100.0% | — | — | 105.1% | 0.7% | 9.0% | 107.2% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 12,313.9% | 1,201.2% | 0.0% |
| Capex / operating cash flow | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 13,902.1% | 1,052.7% | 0.0% |
| Capex / depreciation | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | 248.44 | 0.00 |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 9,567,746.3% | 30.4% | 3.3% | 1.9% | 4.4% | 16.2% | 18.5% | 7,660.5% | 4,835.0% | 17.9% |
| Efficiency | ||||||||||
| Payables turnover | — | — | — | — | — | — | — | — | 0.00 | 0.00 |
| Asset turnover | 0.00 | 1.79 | 8.35 | 8.59 | 4.60 | 1.37 | 1.37 | 2.05 | 2.93 | 1.57 |
| Average payables | — | — | — | — | — | — | — | — | $3.2M | $2.1M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 59.8% | 66.4% |
Computed from SJT's annual financial statements (latest annual report filed March 27, 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.
SJT valuation and financial ratios
San Juan Basin Royalty earned a return on equity of −15.6% and a return on invested capital of −13.4% in fiscal 2025. It ended the year with $0.4 million of debt and $0.0 million in cash and short-term investments, net debt of $0.4 million.
See the SJT income statement, the SJT chart for price history, or the SJT stock overview for the latest quote and news.
SJT key metrics FAQ
What is San Juan Basin Royalty's return on equity?
San Juan Basin Royalty's return on equity (ROE) was −15.6% in fiscal 2025: net income of -$0.4 million on average shareholders' equity of $2.5 million.
What is San Juan Basin Royalty's ROIC?
San Juan Basin Royalty's return on invested capital was −13.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does San Juan Basin Royalty have?
San Juan Basin Royalty had total debt of $0.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.17.
Does San Juan Basin Royalty pay a dividend?
San Juan Basin Royalty did not pay a dividend in fiscal 2025.
What is San Juan Basin Royalty's free cash flow yield?
San Juan Basin Royalty generated -$0.4 million of free cash flow in fiscal 2025, a free cash flow yield of −0.1% on its market value at year-end ($261.9 million).
What is San Juan Basin Royalty's current ratio?
San Juan Basin Royalty's current ratio was 0.06 at the end of fiscal 2025: current assets were 0.06 times current liabilities.