Verde Clean Fuels, Inc. (VGAS) Key Metrics
VGAS valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $43.7M
- Enterprise value
- −$28.4M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- —
- Price / book
- 0.9 10-yr median 1.9
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.26
VGAS key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsVGAS valuation Price multiples at each fiscal year-end price.
VGAS returns How much profit the business earns on the capital it uses.
VGAS per-share figures Results divided by the shares outstanding at year-end.
VGAS financial health Debt, liquidity and how easily interest is covered.
VGAS efficiency & capital use Working capital cycle and where the cash goes.
VGAS valuation history
VGAS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VGAS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VGAS cash returned to shareholders
VGAS price vs earnings per share
VGAS key metrics
2020–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $36.8M | $25.6M | $14.5M | $70.5M | $92.8M | — |
| Enterprise value | −$20.3M | $6.7M | −$13.3M | $70.4M | $93.1M | — |
| P/E ratio | — | — | — | 25.9 | — | — |
| Price / sales | — | — | — | 284.5 | — | — |
| Price / book | 1.2 | 2.5 | 1.3 | 63.9 | — | — |
| EV / sales | — | — | — | 284.0 | — | — |
| EV / EBITDA | — | — | — | 23.7 | — | — |
| Earnings yield | −38.5% | −13.0% | −18.9% | 3.9% | −13.9% | — |
| Free cash flow yield | −45.1% | −44.7% | −63.4% | −4.7% | −2.8% | — |
| Shareholder yield (dividends + buybacks) | — | 0.0% | 25.9% | 0.0% | — | — |
| Share price at fiscal year-end | $2.06 | $4.07 | $2.36 | $9.11 | $9.92 | — |
| Per share | ||||||
| Revenue per share | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 |
| Earnings per share | −$0.79 | −$0.53 | −$0.45 | $0.35 | −$1.38 | −$0.33 |
| Operating cash flow per share | −$0.50 | −$1.41 | −$1.49 | −$0.42 | −$0.28 | −$0.00 |
| Free cash flow per share | −$0.93 | −$1.82 | −$1.50 | −$0.42 | −$0.28 | −$0.00 |
| Cash per share | $3.21 | $3.03 | $4.69 | $0.06 | $0.01 | $0.10 |
| Book value per share | $1.67 | $1.63 | $1.81 | $0.14 | −$0.73 | $0.26 |
| Tangible book value per share | $1.57 | $1.32 | $1.49 | −$0.11 | −$0.93 | $0.08 |
| Capex per share | $0.43 | $0.41 | $0.01 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.01 | $0.04 | $0.15 | $0.04 | $0.03 | $0.00 |
| Shares outstanding | 17.8M | 6.3M | 6.1M | 7.7M | 9.4M | 10.8M |
| Change in shares outstanding | +183.9% | +2.4% | −20.7% | −17.3% | −13.6% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −70.5% | −31.2% | −45.0% | — | — | −124.4% |
| Return on invested capital (ROIC) | — | — | — | — | — | −152.6% |
| Return on assets (ROA) | −33.7% | −12.0% | −14.3% | 61.2% | −446.9% | −108.3% |
| Return on tangible assets | −24.2% | −15.4% | −9.1% | 61.4% | — | −265.5% |
| Income quality (OCF / net income) | — | — | — | −1.21 | — | — |
| Financial health | ||||||
| Total debt | $186,000 | $232,162 | $939,154 | $334,336 | $312,279 | $44,962 |
| Cash & short-term investments | $57.2M | $19.0M | $28.8M | $463,475 | $87,638 | $1.1M |
| Net debt | −$57.0M | −$18.8M | −$27.8M | −$129,139 | $224,641 | −$1.0M |
| Debt / equity | 0.01 | 0.02 | 0.08 | 0.30 | — | 0.02 |
| Debt / assets | 0.00 | 0.01 | 0.03 | 0.05 | 0.12 | 0.01 |
| Net debt / EBITDA | — | — | — | −0.04 | — | — |
| Current ratio | 27.58 | 7.18 | 11.90 | 0.99 | 0.36 | 3.00 |
| Quick ratio | 27.58 | 7.18 | 11.90 | 0.99 | 0.36 | 3.00 |
| Interest coverage | — | — | -50.0 | -656.2 | — | — |
| Working capital | $55.8M | $17.4M | $26.8M | −$26,170 | −$249,215 | $763,286 |
| Invested capital | −$27.2M | −$8.6M | −$16.7M | $974,226 | −$6.6M | $1.8M |
| Tangible asset value | $56.2M | $18.8M | $26.9M | −$821,786 | −$8.7M | $903,630 |
| Net current asset value | $55.8M | $17.3M | $26.2M | −$1.4M | −$9.2M | $723,286 |
| Graham number | — | — | — | $1.06 | — | — |
| Graham net-net per share | $3.09 | $2.60 | $4.18 | −$0.62 | −$0.99 | $0.06 |
| Capital allocation | ||||||
| Share buybacks (net) | — | $0 | $3.8M | $0 | — | — |
| Capex / revenue | — | — | — | 1.8% | — | — |
| Capex / depreciation | 20.88 | 7.92 | 0.11 | 0.02 | 0.01 | 0.10 |
| Stock-based compensation / revenue | — | — | — | 573.1% | — | — |
| R&D / revenue | — | — | — | 124.3% | — | — |
| SG&A / revenue | — | — | — | 1,821.4% | — | — |
| Efficiency | ||||||
| Days payables outstanding | 852.7 | 520.6 | 1,019.5 | 2,147.3 | — | — |
| Receivables turnover | 0.00 | 0.00 | — | — | — | — |
| Payables turnover | 0.43 | 0.70 | 0.36 | 0.17 | — | — |
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 |
| Average receivables | $185,578 | $226,157 | — | — | — | — |
| Average payables | $859,687 | $459,358 | $1.5M | $1.5M | $46,572 | $33,722 |
| Intangibles / total assets | 3.2% | 8.2% | 6.0% | 30.3% | 76.0% | 59.2% |
Computed from VGAS'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.
VGAS valuation and financial ratios
Verde Clean Fuels earned a return on equity of −70.5% in fiscal 2025. It ended the year with $0.2 million of debt and $57.2 million in cash and short-term investments, a net cash position of $57.0 million. The share count rose 64.8% from 10.8M to 17.8M over 5 years.
See the VGAS income statement, the VGAS chart for price history, or the VGAS stock overview for the latest quote and news.
VGAS key metrics FAQ
What is Verde Clean Fuels's return on equity?
Verde Clean Fuels's return on equity (ROE) was −70.5% in fiscal 2025: net income of -$14.1 million on average shareholders' equity of $20.1 million.
How much debt does Verde Clean Fuels have?
Verde Clean Fuels had total debt of $0.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Verde Clean Fuels's free cash flow yield?
Verde Clean Fuels generated -$16.6 million of free cash flow in fiscal 2025, a free cash flow yield of −45.1% on its market value at year-end ($36.8 million).
What is Verde Clean Fuels's current ratio?
Verde Clean Fuels's current ratio was 27.58 at the end of fiscal 2025: current assets were 27.58 times current liabilities.