VOC Energy Trust (VOC) Key Metrics
VOC valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $57.6M
- Enterprise value
- $55.8M
- P/E (TTM)
- 8.5 10-yr median 8.1
- Forward P/E
- 3.1
- PEG ratio
- —
- Price / sales
- 7.6 10-yr median 7.5
- Price / book
- 6.3 10-yr median 3.2
- EV / EBITDA
- 8.1 10-yr median 8.0
- Dividend yield
- 17.11% $0.58 a year
- Beta
- 0.14
VOC key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsVOC valuation Price multiples at each fiscal year-end price.
VOC returns How much profit the business earns on the capital it uses.
VOC per-share figures Results divided by the shares outstanding at year-end.
VOC financial health Debt, liquidity and how easily interest is covered.
VOC efficiency & capital use Working capital cycle and where the cash goes.
VOC valuation history
VOC returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VOC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VOC price vs earnings per share
VOC key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $45.9M | $81.3M | $122.4M | $176.3M | $79.7M | $37.7M | $78.7M | $61.4M | $100.6M | $54.1M |
| Enterprise value | $43.9M | $79.5M | $121.0M | $175.0M | $79.4M | $37.1M | $78.4M | $61.0M | $100.3M | $53.8M |
| P/E ratio | 6.2 | 6.5 | 8.0 | 8.1 | 9.2 | 9.9 | 6.7 | 5.1 | 12.0 | 11.2 |
| Price / sales | 5.3 | 6.0 | 7.4 | 7.5 | 8.6 | 7.5 | 6.2 | 4.7 | 10.9 | 9.4 |
| Price / book | 4.4 | 6.8 | 9.2 | 11.7 | 5.0 | 2.0 | 1.2 | 0.9 | 1.3 | 0.6 |
| Price / free cash flow | — | — | 0.0 | 0.0 | — | 0.0 | — | — | — | — |
| Price / operating cash flow | — | — | 0.0 | 0.0 | — | 0.0 | — | — | — | — |
| EV / sales | 5.1 | 5.8 | 7.3 | 7.4 | 8.5 | 7.4 | 6.2 | 4.7 | 10.9 | 9.4 |
| EV / EBITDA | 5.9 | 6.4 | 8.0 | 8.1 | 9.2 | 9.7 | 6.6 | 5.1 | 11.9 | 11.1 |
| EV / free cash flow | — | — | 0.0 | 0.0 | — | 0.0 | — | — | — | — |
| Earnings yield | 16.1% | 15.3% | 12.4% | 12.3% | 10.9% | 10.1% | 15.0% | 19.7% | 8.4% | 9.0% |
| Free cash flow yield | — | — | 11,931.2% | 3,750.1% | −49,673.1% | 15,974.0% | — | — | — | — |
| Share price at fiscal year-end | $2.70 | $4.78 | $7.20 | $10.37 | $4.69 | $2.22 | $4.63 | $3.61 | $5.92 | $3.18 |
| Per share | ||||||||||
| Revenue per share | $0.51 | $0.80 | $0.97 | $1.39 | $0.55 | $0.29 | $0.74 | $0.76 | $0.54 | $0.34 |
| Earnings per share | $0.43 | $0.73 | $0.90 | $1.27 | $0.51 | $0.23 | $0.69 | $0.71 | $0.49 | $0.28 |
| Operating cash flow per share | — | — | $859.04 | $388.89 | −$2,329.67 | $354.62 | — | — | — | — |
| Free cash flow per share | — | — | $859.04 | $388.89 | −$2,329.67 | $354.62 | — | — | — | — |
| Cash per share | $0.12 | $0.10 | $0.08 | $0.07 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.01 |
| Book value per share | $0.61 | $0.70 | $0.79 | $0.89 | $0.94 | $1.12 | $3.73 | $4.12 | $4.57 | $5.03 |
| Tangible book value per share | $0.61 | $0.70 | $0.79 | $0.07 | $0.02 | $1.12 | $0.02 | $0.02 | $0.02 | $0.02 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M |
| 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) | 66.4% | 98.3% | 107.1% | 139.6% | 49.5% | 9.3% | 17.7% | 16.3% | 10.3% | 5.4% |
| Return on invested capital (ROIC) | 63.2% | 88.8% | 59.1% | 73.4% | 25.4% | 4.7% | 8.9% | 16.4% | 10.3% | 5.4% |
| Return on assets (ROA) | 66.4% | 98.3% | 107.1% | 139.6% | 49.5% | 9.3% | 17.7% | 16.3% | 10.3% | 5.4% |
| Return on tangible assets | 71.1% | 104.5% | 113.8% | — | — | 20.1% | — | — | — | — |
| Income quality (OCF / net income) | — | — | 959.83 | 305.01 | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash & short-term investments | $2.0M | $1.7M | $1.4M | $1.2M | $287,204 | $603,004 | $326,132 | $360,165 | $316,520 | $238,640 |
| Net debt | −$2.0M | −$1.7M | −$1.4M | −$1.2M | −$287,204 | −$603,004 | −$326,132 | −$360,165 | −$316,520 | −$238,640 |
| Debt / equity | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / assets | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net debt / EBITDA | −0.27 | −0.14 | −0.09 | −0.06 | −0.03 | −0.16 | −0.03 | −0.03 | −0.04 | −0.05 |
| Invested capital | $8.4M | $10.1M | $11.9M | $13.8M | $15.7M | $18.4M | $63.0M | $69.7M | $77.4M | $85.2M |
| Tangible asset value | $10.4M | $11.9M | $13.4M | $1.2M | $287,010 | $19.0M | $326,130 | $313,000 | $311,000 | $267,000 |
| Net current asset value | $2.0M | $1.7M | $1.4M | $1.2M | $287,204 | $603,004 | $326,132 | $360,165 | $316,520 | $238,640 |
| Graham number | $2.45 | $3.39 | $3.98 | $5.04 | $3.29 | $2.38 | $7.63 | $8.11 | $7.14 | $5.68 |
| Graham net-net per share | $0.12 | $0.10 | $0.08 | $0.07 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.01 |
| Capital allocation | ||||||||||
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Capex / operating cash flow | — | — | 0.0% | 0.0% | — | 0.0% | — | — | — | — |
| Capex / depreciation | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| SG&A / revenue | 125,000.0% | 6.6% | 7.6% | 4.1% | 10.2% | 18.1% | 7.0% | 6.4% | 7.8% | 16.0% |
| Efficiency | ||||||||||
| Asset turnover | 0.77 | 1.08 | 1.16 | 1.52 | 0.53 | 0.12 | 0.19 | 0.18 | 0.11 | 0.06 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 91.7% | 98.2% | 0.0% | 99.5% | 99.6% | 99.6% | 99.7% |
Computed from VOC's annual financial statements (latest annual report filed March 24, 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.
VOC valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), VOC Energy traded at 6.2 times earnings, against a 10-year median of 8.1. Based on the latest twelve months, the trailing P/E is 8.5 and the forward P/E is 3.1. VOC Energy earned a return on equity of 66.4% and a return on invested capital of 63.2% in fiscal 2025.
See the VOC income statement, the VOC chart for price history, or the VOC stock overview for the latest quote and news.
VOC key metrics FAQ
What is VOC Energy's P/E ratio?
VOC Energy's trailing P/E ratio is 8.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 3.1. At the end of fiscal 2025 it was 6.2, compared with a 10-year median of 8.1.
What is VOC Energy's EV/EBITDA?
VOC Energy's enterprise value was 5.9 times EBITDA at the end of fiscal 2025 (enterprise value $43.9 million, EBITDA $7.4 million); the current EV/EBITDA is 8.1.
What is VOC Energy's return on equity?
VOC Energy's return on equity (ROE) was 66.4% in fiscal 2025: net income of $7.4 million on average shareholders' equity of $11.1 million.
What is VOC Energy's ROIC?
VOC Energy's return on invested capital was 63.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.