Kartoon Studios Inc. (TOON) Key Metrics
TOON valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $32.6M
- Enterprise value
- $13.6M
- P/E (TTM)
- 6.5
- Forward P/E
- 123.5
- PEG ratio
- —
- Price / sales
- 1.0 10-yr median 1.7
- Price / book
- 0.7 10-yr median 1.3
- EV / EBITDA
- 0.9
- Dividend yield
- —
- Beta
- 2.06
TOON key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTOON valuation Price multiples at each fiscal year-end price.
TOON returns How much profit the business earns on the capital it uses.
TOON per-share figures Results divided by the shares outstanding at year-end.
TOON financial health Debt, liquidity and how easily interest is covered.
TOON efficiency & capital use Working capital cycle and where the cash goes.
TOON valuation history
TOON returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TOON debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TOON cash returned to shareholders
TOON price vs earnings per share
TOON key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $36.2M | $22.7M | $46.8M | $146.0M | $312.4M | $196.6M | — | — | — | — |
| Enterprise value | $46.9M | $29.5M | $60.0M | $147.2M | $207.4M | $99.8M | — | — | — | — |
| Price / sales | 0.9 | 0.7 | 1.1 | 2.3 | 39.7 | 79.2 | — | — | — | — |
| Price / book | 1.4 | 0.6 | 0.9 | 1.3 | 2.2 | 1.6 | — | — | — | — |
| EV / sales | 1.2 | 0.9 | 1.4 | 2.4 | 26.3 | 40.2 | — | — | — | — |
| Earnings yield | −67.8% | −91.5% | −164.7% | −31.2% | −40.4% | −204.3% | — | — | — | — |
| Free cash flow yield | −32.0% | −15.9% | −34.5% | −18.2% | −7.7% | −4.0% | — | — | — | — |
| Shareholder yield (dividends + buybacks) | — | — | 0.1% | 0.2% | 0.0% | — | — | — | — | — |
| Share price at fiscal year-end | $0.72 | $0.59 | $1.39 | $4.65 | $10.50 | $13.80 | $2.73 | $21.50 | $27.20 | $54.10 |
| Per share | ||||||||||
| Revenue per share | $0.78 | $0.85 | $1.31 | $1.98 | $0.26 | $0.17 | — | — | — | — |
| Earnings per share | −$0.49 | −$0.54 | −$2.29 | −$1.45 | −$4.24 | −$28.20 | — | — | — | — |
| Operating cash flow per share | −$0.23 | −$0.09 | −$0.48 | −$0.83 | −$0.80 | −$0.55 | — | — | — | — |
| Free cash flow per share | −$0.23 | −$0.09 | −$0.48 | −$0.84 | −$0.81 | −$0.56 | — | — | — | — |
| Cash per share | $0.14 | $0.26 | $0.46 | $2.90 | $3.85 | $7.05 | — | — | — | — |
| Book value per share | $0.52 | $0.91 | $1.53 | $3.54 | $4.80 | $8.37 | — | — | — | — |
| Tangible book value per share | $0.17 | $0.33 | $0.81 | $1.30 | $3.86 | $6.81 | — | — | — | — |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.02 | $0.01 | $0.01 | — | — | — | — |
| Debt per share | $0.35 | $0.44 | $0.85 | $2.94 | $0.32 | $0.26 | — | — | — | — |
| Shares outstanding | 50.2M | 38.4M | 33.7M | 31.4M | 29.8M | 14.2M | — | — | — | — |
| Change in shares outstanding | +30.8% | +14.1% | +7.3% | +5.5% | +108.9% | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −80.2% | −47.9% | −94.8% | −35.9% | −96.4% | −626.2% | −104.7% | −64.6% | −39.1% | −51.4% |
| Return on invested capital (ROIC) | −24.4% | −25.2% | −64.6% | −46.0% | −167.5% | −69.2% | −31.6% | −38.0% | −38.1% | −57.2% |
| Return on assets (ROA) | −31.4% | −21.1% | −43.9% | −22.0% | −81.9% | −491.0% | −42.5% | −34.4% | −21.5% | −33.7% |
| Return on tangible assets | −46.0% | −32.9% | −88.5% | −27.0% | −86.4% | −358.7% | −126.3% | −63.6% | −31.7% | −107.1% |
| Free cash flow margin | −29.4% | −11.1% | −36.7% | −42.6% | −305.4% | −319.0% | −106.3% | −810.4% | −136.7% | −430.0% |
| Financial health | ||||||||||
| Total debt | $17.7M | $16.8M | $28.7M | $92.4M | $9.6M | $3.7M | $9.6M | $4.0M | $4.3M | $1.3M |
| Cash & short-term investments | $6.9M | $9.9M | $15.5M | $91.1M | $114.6M | $100.5M | $305,121 | $2.7M | $7.5M | $2.9M |
| Net debt | $10.8M | $6.9M | $13.2M | $1.2M | −$105.0M | −$96.8M | $9.3M | $1.3M | −$3.2M | −$1.6M |
| Debt / equity | 0.67 | 0.48 | 0.56 | 0.83 | 0.07 | 0.03 | 1.06 | 0.31 | 0.29 | 0.13 |
| Debt / assets | 0.25 | 0.20 | 0.26 | 0.39 | 0.06 | 0.03 | 0.33 | 0.16 | 0.16 | 0.07 |
| Current ratio | 1.07 | 1.04 | 1.22 | 1.26 | 6.44 | 15.12 | 0.56 | 1.21 | 3.88 | 0.88 |
| Quick ratio | 1.07 | 1.04 | 1.22 | 1.26 | 6.44 | 15.12 | 0.56 | 1.21 | 3.87 | 0.87 |
| Interest coverage | -17.9 | -19.6 | -21.8 | -17.9 | — | -15.2 | -8.1 | -6.1 | — | -578.4 |
| Working capital | $2.3M | $1.2M | $10.0M | $28.6M | $115.1M | $101.4M | −$3.7M | $971,663 | $8.0M | −$479,404 |
| Invested capital | $37.0M | $41.8M | $64.7M | $112.3M | $37.7M | $22.4M | $18.4M | $14.2M | $11.9M | $8.5M |
| Tangible asset value | $9.9M | $14.1M | $29.0M | $42.4M | $116.8M | $97.0M | −$11.2M | $2.4M | $2.8M | −$2.2M |
| Net current asset value | −$7.6M | −$14.3M | −$2.5M | $12.8M | $106.8M | $93.6M | −$15.7M | −$6.2M | −$1.8M | −$4.6M |
| Graham net-net per share | −$0.31 | −$0.56 | −$0.40 | −$0.04 | $3.11 | $6.09 | — | — | — | — |
| Capital allocation | ||||||||||
| Share buybacks (net) | — | — | $49,000 | $285,000 | $0 | — | — | — | — | — |
| Capex / revenue | 0.4% | 0.4% | 0.2% | 1.0% | 3.8% | 3.1% | 0.5% | 4.3% | 2.0% | 1.3% |
| Capex / depreciation | 0.03 | 0.03 | 0.01 | 0.05 | 0.01 | 0.06 | 0.01 | 0.04 | 0.04 | 0.04 |
| Stock-based compensation / revenue | 0.8% | 2.0% | 6.1% | 17.5% | 209.0% | 359.6% | 3.1% | 30.8% | 14.9% | 187.0% |
| SG&A / revenue | 62.7% | 81.2% | 86.1% | 76.5% | 526.0% | 734.6% | 132.8% | 575.9% | 109.6% | 797.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 239.5 | 350.2 | 350.7 | 163.2 | 269.1 | 428.7 | 193.4 | 958.0 | 108.7 | 62.1 |
| Days of inventory on hand | — | — | 0.0 | — | — | — | 1.0 | 3.8 | 1.0 | 5.9 |
| Days payables outstanding | 163.7 | 227.3 | 127.8 | 68.9 | 66.2 | 148.9 | 49.2 | 83.0 | 45.9 | 436.1 |
| Cash conversion cycle (days) | 75.8 | 122.8 | 222.8 | 94.3 | 202.9 | 280.6 | 145.2 | 878.7 | 63.8 | -368.1 |
| Receivables turnover | 1.52 | 1.04 | 1.04 | 2.24 | 1.36 | 0.85 | 1.89 | 0.38 | 3.36 | 5.88 |
| Payables turnover | 2.23 | 1.61 | 2.86 | 5.30 | 5.51 | 2.45 | 7.42 | 4.40 | 7.96 | 0.84 |
| Inventory turnover | — | — | 40,399,000.00 | — | — | — | 364.13 | 97.29 | 362.99 | 61.85 |
| Asset turnover | 0.50 | 0.33 | 0.25 | 0.30 | 0.05 | 0.03 | 0.22 | 0.04 | 0.23 | 0.05 |
| Average receivables | $25.8M | $31.3M | $42.4M | $27.8M | $5.8M | $2.9M | $3.1M | $2.6M | $1.6M | $147,388 |
| Average payables | $12.0M | $14.4M | $14.2M | $9.3M | $4.0M | $866,225 | $616,006 | $369,382 | $550,920 | $504,036 |
| Average inventory | — | — | $1 | — | — | $4,638 | $12,546 | $16,702 | $12,076 | $6,821 |
| Intangibles / total assets | 24.8% | 26.1% | 21.8% | 29.4% | 16.0% | 16.6% | 69.1% | 42.5% | 44.1% | 67.8% |
Computed from TOON's annual financial statements (latest annual report filed March 31, 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.
TOON valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 6.5 and the forward P/E is 123.5. Kartoon Studios earned a return on equity of −80.2% and a return on invested capital of −24.4% in fiscal 2025. It ended the year with $17.7 million of debt and $6.9 million in cash and short-term investments, net debt of $10.8 million.
See the TOON income statement, the TOON chart for price history, or the TOON stock overview for the latest quote and news.
TOON key metrics FAQ
What is Kartoon Studios's P/E ratio?
Kartoon Studios's trailing P/E ratio is 6.5 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 123.5. At the end of fiscal 2025 it was —.
What is Kartoon Studios's return on equity?
Kartoon Studios's return on equity (ROE) was −80.2% in fiscal 2025: net income of -$24.5 million on average shareholders' equity of $30.6 million.
What is Kartoon Studios's ROIC?
Kartoon Studios's return on invested capital was −24.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Kartoon Studios have?
Kartoon Studios had total debt of $17.7 million at the end of fiscal 2025, a debt-to-equity ratio of 0.67.
What is Kartoon Studios's free cash flow yield?
Kartoon Studios generated -$11.6 million of free cash flow in fiscal 2025, a free cash flow yield of −32.0% on its market value at year-end ($36.2 million).
What is Kartoon Studios's current ratio?
Kartoon Studios's current ratio was 1.07 at the end of fiscal 2025: current assets were 1.07 times current liabilities.