Simulations Plus, Inc. (SLP) Key Metrics
SLP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $374.2M
- Enterprise value
- $323.0M
- P/E (TTM)
- 46.2 10-yr median 76.0
- Forward P/E
- 52.9
- PEG ratio
- 9.88
- Price / sales
- 4.6 10-yr median 13.9
- Price / book
- 2.7 10-yr median 6.8
- EV / EBITDA
- 18.9 10-yr median 51.2
- Dividend yield
- —
- Beta
- 1.31
SLP key metrics, FY2016–FY2025
Fiscal year ended August 31, 2025 · U.S. dollarsSLP valuation Price multiples at each fiscal year-end price.
Price / sales−65.8%
3.6
FY2025 · hover or tap a bar for each year
FY2016FY2025
Price / book−43.4%
2.3
FY2025 · hover or tap a bar for each year
FY2016FY2025
EV / EBITDA−56.6%
17.2
FY2025 · hover or tap a bar for each year
FY2016FY2025
Price / free cash flow−71.7%
16.4
FY2025 · hover or tap a bar for each year
FY2016FY2025
Free cash flow yield+4.4 pts
6.1%
FY2025 · hover or tap a bar for each year
FY2016FY2025
SLP returns How much profit the business earns on the capital it uses.
Return on equity−47.8 pts
−42.1%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Return on invested capital−48.1 pts
−43.6%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Return on assets−43.1 pts
−38.1%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Free cash flow margin+3.8 pts
22.0%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Asset turnover+33.3%
0.47
FY2025 · hover or tap a bar for each year
FY2016FY2025
SLP per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+14.2%
$3.94
FY2025 · hover or tap a bar for each year
FY2016FY2025
Earnings per share
−$3.22
FY2025 · hover or tap a bar for each year
FY2016FY2025
Free cash flow per share+37.9%
$0.87
FY2025 · hover or tap a bar for each year
FY2016FY2025
Book value per share−30.9%
$6.21
FY2025 · hover or tap a bar for each year
FY2016FY2025
Dividends per share−100.0%
$0.00
FY2025 · hover or tap a bar for each year
FY2016FY2025
Shares outstanding−1.0%
20.1M
FY2025 · hover or tap a bar for each year
FY2016FY2025
SLP financial health Debt, liquidity and how easily interest is covered.
Debt / equity−10.5%
0.00
FY2025 · hover or tap a bar for each year
FY2016FY2025
Net debt−$12.5M
−$31.7M
FY2025 · hover or tap a bar for each year
FY2016FY2025
Net debt / EBITDA−1.09
−2.16
FY2025 · hover or tap a bar for each year
FY2016FY2025
Current ratio+135.2%
7.67
FY2025 · hover or tap a bar for each year
FY2016FY2025
Debt / assets−3.6%
0.00
FY2025 · hover or tap a bar for each year
FY2016FY2025
SLP efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+4 days
55 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Days payables outstanding+1 days
6 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Cash conversion cycle−42 days
49 days
FY2025 · hover or tap a bar for each year
FY2016FY2025
Capex / revenue+0.1 pts
0.9%
FY2025 · hover or tap a bar for each year
FY2016FY2025
Dividends + buybacks / FCF−37.6 pts
0.0%
FY2025 · hover or tap a bar for each year
FY2016FY2025
SLP valuation history
Fiscal year-endToday10-year median
SLP returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SLP debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SLP cash returned to shareholders
DividendsBuybacksFree cash flow
SLP price vs earnings per share
Share price at year-endEPS (right axis)
SLP key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $284.8M | $735.9M | $910.5M | $1.25B | $918.9M | $1.10B | $652.1M | $372.4M | $254.0M | $148.3M |
| Enterprise value | $253.1M | $716.7M | $796.2M | $1.12B | $796.6M | $989.4M | $640.6M | $368.9M | $253.8M | $621.9M |
| P/E ratio | — | 73.9 | 91.4 | 99.8 | 93.9 | 118.4 | 76.0 | 41.7 | 43.9 | 30.0 |
| Price / sales | 3.6 | 10.5 | 15.3 | 23.1 | 19.8 | 26.6 | 19.2 | 12.6 | 10.5 | 7.4 |
| Price / book | 2.3 | 4.0 | 5.4 | 7.0 | 5.5 | 7.1 | 17.3 | 11.7 | 9.8 | 6.5 |
| Price / free cash flow | 16.4 | 57.7 | 51.8 | 89.4 | 62.8 | 132.6 | 67.3 | 53.5 | 47.8 | 35.5 |
| Price / operating cash flow | 15.7 | 55.2 | 41.7 | 69.6 | 47.9 | 101.2 | 56.0 | 40.1 | 36.9 | 27.4 |
| EV / sales | 3.2 | 10.2 | 13.4 | 20.8 | 17.1 | 23.8 | 18.9 | 12.4 | 10.5 | 31.1 |
| EV / EBITDA | 17.2 | 39.6 | 63.4 | 59.9 | 54.2 | 69.0 | 48.1 | 28.3 | 24.4 | 67.8 |
| EV / free cash flow | 14.5 | 56.2 | 45.3 | 80.3 | 54.5 | 118.8 | 66.2 | 53.0 | 47.7 | 148.8 |
| Earnings yield | −22.7% | 1.4% | 1.1% | 1.0% | 1.1% | 0.8% | 1.3% | 2.4% | 2.3% | 3.3% |
| Free cash flow yield | 6.1% | 1.7% | 1.9% | 1.1% | 1.6% | 0.8% | 1.5% | 1.9% | 2.1% | 2.8% |
| Dividend yield | 0.0% | 0.7% | 0.5% | 0.4% | 0.5% | 0.4% | 0.6% | 1.1% | 1.4% | 2.3% |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.7% | 2.7% | 2.0% | 0.5% | 0.4% | 0.6% | 1.1% | 1.4% | 2.3% |
| Share price at fiscal year-end | $14.17 | $36.25 | $44.49 | $60.05 | $44.30 | $59.58 | $36.11 | $20.85 | $14.50 | $8.62 |
| Per share | ||||||||||
| Revenue per share | $3.94 | $3.45 | $2.91 | $2.60 | $2.24 | $2.24 | $1.88 | $1.66 | $1.38 | $1.16 |
| Earnings per share | −$3.22 | $0.49 | $0.49 | $0.60 | $0.47 | $0.50 | $0.48 | $0.50 | $0.33 | $0.29 |
| Operating cash flow per share | $0.90 | $0.66 | $1.07 | $0.86 | $0.93 | $0.59 | $0.64 | $0.52 | $0.39 | $0.31 |
| Free cash flow per share | $0.87 | $0.63 | $0.86 | $0.67 | $0.71 | $0.45 | $0.54 | $0.39 | $0.30 | $0.24 |
| Cash per share | $1.61 | $1.00 | $5.64 | $6.18 | $5.96 | $6.26 | $0.63 | $0.53 | $0.35 | $0.47 |
| Book value per share | $6.21 | $8.99 | $8.31 | $8.59 | $7.99 | $8.42 | $2.09 | $1.79 | $1.47 | $1.32 |
| Tangible book value per share | $2.58 | $1.36 | $5.77 | $6.71 | $6.18 | $6.37 | $0.78 | $0.38 | $0.02 | $0.46 |
| Dividends per share | $0.00 | $0.24 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.20 | $0.20 |
| Capex per share | $0.04 | $0.03 | $0.21 | $0.19 | $0.22 | $0.14 | $0.11 | $0.13 | $0.09 | $0.07 |
| Debt per share | $0.03 | $0.05 | $0.06 | $0.07 | $0.06 | $0.05 | — | $0.33 | $0.34 | $27.99 |
| Shares outstanding | 20.1M | 20.3M | 20.5M | 20.7M | 20.7M | 18.5M | 18.1M | 17.9M | 17.5M | 17.2M |
| Change in shares outstanding | −1.0% | −0.8% | −1.4% | +0.0% | +11.9% | +2.7% | +1.1% | +2.0% | +1.8% | +1.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −42.1% | 5.6% | 5.7% | 7.3% | 6.1% | 9.6% | 24.7% | 31.0% | 23.8% | 23.4% |
| Return on invested capital (ROIC) | −43.6% | 4.5% | 13.9% | 26.0% | 23.5% | 28.3% | 31.7% | 33.6% | 2.2% | 1.9% |
| Return on assets (ROA) | −38.1% | 5.0% | 5.2% | 6.7% | 5.6% | 8.6% | 19.0% | 21.6% | 17.5% | 17.9% |
| Return on tangible assets | −109.7% | 18.9% | 7.1% | 8.2% | 6.8% | 7.1% | 38.2% | 46.9% | 44.5% | 38.1% |
| Free cash flow margin | 22.0% | 18.2% | 29.5% | 25.8% | 31.5% | 20.0% | 28.5% | 23.5% | 22.0% | 20.9% |
| Income quality (OCF / net income) | — | 1.34 | 2.19 | 1.43 | 1.96 | 1.17 | 1.36 | 1.04 | 1.19 | 1.09 |
| Financial health | ||||||||||
| Total debt | $616,000 | $1.0M | $1.2M | $1.4M | $1.3M | $926,777 | — | $5.9M | $6.0M | $481.6M |
| Cash & short-term investments | $32.4M | $20.3M | $115.5M | $128.2M | $123.6M | $116.0M | $11.4M | $9.4M | $6.2M | $8.0M |
| Net debt | −$31.7M | −$19.2M | −$114.3M | −$126.8M | −$122.3M | −$115.1M | −$11.4M | −$3.5M | −$230,202 | $473.6M |
| Debt / equity | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | — | 0.18 | 0.23 | 21.19 |
| Debt / assets | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | — | 0.13 | 0.16 | 17.32 |
| Net debt / EBITDA | −2.16 | −1.06 | −9.09 | −6.79 | −8.32 | −8.02 | −0.86 | −0.27 | −0.02 | 51.65 |
| Current ratio | 7.67 | 3.26 | 10.88 | 18.98 | 12.04 | 23.45 | 4.42 | 3.69 | 6.20 | 6.08 |
| Quick ratio | 7.67 | 2.77 | 10.81 | 18.80 | 11.95 | 23.28 | 4.26 | 3.63 | 5.98 | 5.71 |
| Interest coverage | — | — | — | 20.8 | 511.5 | 4.6 | 97.6 | 67.3 | 216.4 | 401.5 |
| Working capital | $44.8M | $27.3M | $118.4M | $139.1M | $127.7M | $123.6M | $16.4M | $13.0M | $10.6M | $10.8M |
| Invested capital | $93.1M | $163.2M | $55.8M | $51.4M | $43.5M | $41.0M | $26.2M | $28.4M | $25.6M | $496.3M |
| Tangible asset value | $51.9M | $27.5M | $118.1M | $139.1M | $128.3M | $118.1M | $14.0M | $6.8M | $285,506 | $7.9M |
| Net current asset value | $44.4M | $14.1M | $107.8M | $134.5M | $123.5M | $115.3M | $12.8M | $5.6M | −$39,711 | $7.8M |
| Graham number | — | $9.96 | $9.54 | $10.78 | $9.21 | $9.76 | $4.72 | $4.49 | $3.31 | $2.92 |
| Graham net-net per share | $1.80 | $0.24 | $4.93 | $6.12 | $5.69 | $5.97 | $0.53 | $0.17 | −$0.12 | $0.36 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $4.8M | $4.8M | $4.8M | $4.8M | $4.3M | $4.2M | $4.2M | $3.4M | $3.4M |
| Share buybacks (net) | $0 | $0 | $20.0M | $20.0M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividend payout ratio | — | 48.2% | 48.3% | 38.8% | 49.2% | 45.5% | 48.9% | 46.6% | 59.6% | 69.0% |
| Dividends + buybacks / free cash flow | 0.0% | 37.6% | 141.1% | 178.4% | 32.9% | 51.0% | 43.3% | 59.8% | 64.8% | 81.7% |
| Capex / revenue | 0.9% | 0.8% | 7.2% | 7.4% | 9.8% | 6.2% | 5.8% | 7.8% | 6.5% | 6.2% |
| Capex / operating cash flow | 3.9% | 4.2% | 19.6% | 22.2% | 23.8% | 23.7% | 16.8% | 25.1% | 22.7% | 22.8% |
| Capex / depreciation | 0.09 | 0.10 | 1.11 | 1.11 | 1.27 | 0.87 | 0.71 | 0.86 | 0.73 | 0.64 |
| Stock-based compensation / revenue | 8.0% | 9.3% | 8.1% | 5.6% | 5.9% | 3.8% | 3.2% | 2.4% | 2.4% | 1.7% |
| R&D / revenue | 8.7% | 8.2% | 7.6% | 6.0% | 8.7% | 7.2% | 7.4% | 6.0% | 5.7% | 7.2% |
| SG&A / revenue | 41.5% | 44.7% | 58.3% | 46.3% | 44.3% | 39.3% | 34.7% | 32.3% | 34.0% | 33.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 54.7 | 50.4 | 73.5 | 90.9 | 92.6 | 82.4 | 84.7 | 80.2 | 69.8 | 55.7 |
| Days of inventory on hand | — | 45.5 | 34.4 | 40.5 | 34.1 | 29.7 | 21.8 | 17.7 | 36.1 | 39.5 |
| Days payables outstanding | 5.9 | 5.1 | 5.8 | 10.3 | 12.7 | 9.5 | 11.2 | 13.5 | 10.1 | 12.6 |
| Cash conversion cycle (days) | 48.8 | 90.9 | 102.1 | 121.1 | 114.0 | 102.6 | 95.2 | 84.3 | 95.8 | 82.5 |
| Receivables turnover | 6.67 | 7.24 | 4.97 | 4.02 | 3.94 | 4.43 | 4.31 | 4.55 | 5.23 | 6.56 |
| Payables turnover | 61.49 | 72.02 | 63.04 | 35.37 | 28.73 | 38.37 | 32.49 | 26.98 | 36.15 | 28.98 |
| Inventory turnover | — | 8.01 | 10.60 | 9.01 | 10.70 | 12.28 | 16.75 | 20.63 | 10.12 | 9.25 |
| Asset turnover | 0.47 | 0.35 | 0.31 | 0.29 | 0.26 | 0.39 | 0.75 | 0.72 | 0.73 | 0.72 |
| Average receivables | $11.9M | $9.7M | $12.0M | $13.4M | $11.8M | $9.4M | $7.9M | $6.5M | $4.6M | $3.0M |
| Average payables | $536,000 | $373,000 | $184,500 | $306,000 | $369,000 | $277,538 | $277,840 | $296,248 | $174,502 | $158,759 |
| Average inventory | — | $3.4M | $1.1M | $1.2M | $990,844 | $867,399 | $538,852 | $387,518 | $623,321 | $497,586 |
| Intangibles / total assets | 55.3% | 74.6% | 27.0% | 20.5% | 20.6% | 22.3% | 51.3% | 56.8% | 66.3% | 53.3% |
Computed from SLP's annual financial statements (latest annual report filed December 1, 2025) 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.
SLP valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 46.2 and the forward P/E is 52.9. Simulations Plus earned a return on equity of −42.1% and a return on invested capital of −43.6% in fiscal 2025. It ended the year with $0.6 million of debt and $32.4 million in cash and short-term investments, a net cash position of $31.7 million. The share count rose 16.8% from 17.2M to 20.1M over 9 years.
See the SLP income statement, the SLP chart for price history, or the SLP stock overview for the latest quote and news.
SLP key metrics FAQ
What is Simulations Plus's P/E ratio?
Simulations Plus's trailing P/E ratio is 46.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 52.9. At the end of fiscal 2025 it was —, compared with a 10-year median of 76.0.
What is Simulations Plus's EV/EBITDA?
Simulations Plus's enterprise value was 17.2 times EBITDA at the end of fiscal 2025 (enterprise value $253.1 million, EBITDA $14.7 million); the current EV/EBITDA is 18.9.
What is Simulations Plus's return on equity?
Simulations Plus's return on equity (ROE) was −42.1% in fiscal 2025: net income of -$64.7 million on average shareholders' equity of $153.6 million.
What is Simulations Plus's ROIC?
Simulations Plus's return on invested capital was −43.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Simulations Plus have?
Simulations Plus had total debt of $0.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
Does Simulations Plus pay a dividend?
Simulations Plus did not pay a dividend in fiscal 2025.
What is Simulations Plus's free cash flow yield?
Simulations Plus generated $17.4 million of free cash flow in fiscal 2025, a free cash flow yield of 6.1% on its market value at year-end ($284.8 million).
What is Simulations Plus's current ratio?
Simulations Plus's current ratio was 7.67 at the end of fiscal 2025: current assets were 7.67 times current liabilities.