NCR Voyix Corporation (VYX) Key Metrics

NYSE: VYXValuation, returns, debt and efficiency ratios over 10 years.

VYX valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$1.05B
Enterprise value
$2.30B
P/E (TTM)
27.1
10-yr median 11.9
Forward P/E
7.0
PEG ratio
2.68
Price / sales
0.4
10-yr median 0.5
Price / book
1.1
10-yr median 1.9
EV / EBITDA
9.5
10-yr median 11.0
Dividend yield
—
Beta
1.53

VYX key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

VYX valuation Price multiples at each fiscal year-end price.

P/E ratio+1,539.2%
34.3
2025 · hover or tap a bar for each year
2016: 11.92017: 11.4 (−4.1%)2019: 5.62021: 35.32022: 32.7 (−7.4%)2024: 2.12025: 34.3 (+1,539.2%)
20162025
Price / sales−24.4%
0.5
2025 · hover or tap a bar for each year
2016: 0.5 (+24.5%)2017: 0.4 (−17.3%)2018: 0.3 (−35.6%)2019: 0.5 (+73.0%)2020: 0.5 (+5.3%)2021: 0.9 (+94.7%)2022: 0.6 (−33.4%)2023: 0.7 (+20.9%)2024: 0.7 (−5.3%)2025: 0.5 (−24.4%)
20162025
Price / book−24.8%
1.2
2025 · hover or tap a bar for each year
2016: 2.1 (+25.8%)2017: 1.7 (−16.9%)2018: 1.3 (−22.8%)2019: 2.1 (+56.3%)2020: 2.2 (+7.2%)2021: 2.2 (0.0%)2022: 1.1 (−50.1%)2023: 7.9 (+606.1%)2024: 1.7 (−79.0%)2025: 1.2 (−24.8%)
20162025
EV / EBITDA−4.7%
10.8
2025 · hover or tap a bar for each year
2016: 6.5 (−54.7%)2017: 4.9 (−23.9%)2018: 8.0 (+63.1%)2019: 7.5 (−6.4%)2020: 11.9 (+58.2%)2021: 18.3 (+53.8%)2022: 13.3 (−27.4%)2023: 16.1 (+20.9%)2024: 11.3 (−29.6%)2025: 10.8 (−4.7%)
20162025
Free cash flow yield−8.6 pts
−26.1%
2025 · hover or tap a bar for each year
2016: 19.6% (+3.3 pts)2017: 17.0% (−2.6 pts)2018: 13.3% (−3.7 pts)2019: 9.7% (−3.6 pts)2020: 12.8% (+3.0 pts)2021: 19.3% (+6.5 pts)2022: 2.5% (−16.7 pts)2023: 13.3% (+10.8 pts)2024: −17.4% (−30.8 pts)2025: −26.1% (−8.6 pts)
20162025

VYX valuation history

Fiscal year-endToday10-year median

VYX returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

VYX debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

VYX cash returned to shareholders

DividendsBuybacksFree cash flow

VYX price vs earnings per share

Share price at year-endEPS (right axis)

VYX key metrics

2016–2025
NCR Voyix Corporation key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$1.44B$2.00B$2.38B$1.96B$3.43B$2.96B$3.13B$1.68B$2.65B$3.21B
Enterprise value$2.80B$2.62B$4.95B$7.68B$8.93B$6.22B$6.55B$4.38B$5.10B$5.77B
P/E ratio34.32.1—32.735.3—5.6—11.411.9
Price / sales0.50.70.70.60.90.50.50.30.40.5
Price / book1.21.77.91.12.22.22.11.31.72.1
Price / free cash flow——7.539.35.27.810.37.55.95.1
Price / operating cash flow——3.44.63.44.64.93.13.63.8
EV / sales1.00.91.62.42.41.00.90.70.80.9
EV / EBITDA10.811.316.113.318.311.97.58.04.96.5
EV / free cash flow——15.6153.613.516.521.519.611.39.2
Earnings yield2.9%47.8%−17.8%3.1%2.8%−2.7%18.0%−5.2%8.8%8.4%
Free cash flow yield−26.1%−17.4%13.3%2.5%19.3%12.8%9.7%13.3%17.0%19.6%
Dividend yield1.0%0.7%0.6%0.8%0.4%0.3%168.7%146.3%73.1%41.2%
Shareholder yield (dividends + buybacks)11.3%3.5%2.1%3.8%1.9%6.6%181.4%158.8%86.3%48.9%
Share price at fiscal year-end$10.20$13.84$16.91$14.36$24.66$23.05$21.57$14.16$20.85$24.88
Per share
Revenue per share$19.04$19.53$22.60$23.22$26.56$48.34$47.62$54.10$51.31$50.64
Earnings per share$0.30$6.62−$3.01$0.44$0.70−$0.62$3.88−$0.74$1.83$2.09
Operating cash flow per share−$1.49−$0.91$4.94$3.12$7.26$4.99$4.37$4.53$5.86$6.63
Free cash flow per share−$2.66−$2.41$2.25$0.37$4.76$2.94$2.10$1.88$3.54$4.88
Cash per share$1.69$5.00$1.84$1.62$3.22$2.63$3.51$3.92$4.23$3.85
Book value per share$8.19$8.36$2.14$12.84$11.01$10.29$10.32$10.59$12.04$11.93
Tangible book value per share−$3.18−$2.77−$9.54−$5.30−$30.97−$15.95−$13.36−$17.17−$14.09−$14.37
Dividends per share$0.11$0.10$0.11$0.11$0.11$0.07$36.40$20.71$15.24$10.24
Capex per share$1.17$1.50$2.68$2.76$2.50$2.05$2.27$2.64$2.31$1.76
Debt per share$11.37$9.30$20.12$43.45$42.81$28.06$27.05$26.73$23.55$23.61
Shares outstanding141.1M144.7M140.6M136.7M139.0M128.4M145.2M118.4M127.0M129.2M
Change in shares outstanding−2.5%+2.9%+2.9%−1.7%+8.3%−11.6%+22.6%−6.8%−1.7%−22.9%
Returns & profitability
Return on equity (ROE)3.6%126.9%−41.1%3.7%6.8%−5.6%41.0%−6.3%15.1%17.6%
Return on invested capital (ROIC)0.9%−1.2%−2.0%−0.5%0.4%3.7%13.8%2.4%8.6%12.0%
Return on assets (ROA)1.0%20.3%−5.1%0.5%1.0%−0.9%6.7%−1.1%3.0%3.5%
Return on tangible assets1.8%33.7%−12.6%0.7%1.7%−1.6%10.2%−2.0%5.4%6.3%
Free cash flow margin−14.0%−12.3%10.0%1.6%17.9%6.1%4.4%3.5%6.9%9.6%
Income quality (OCF / net income)−5.00−0.14—7.1210.40—1.12—3.213.17
Financial health
Total debt$1.60B$1.35B$2.83B$5.94B$5.95B$3.60B$3.93B$3.17B$2.99B$3.05B
Cash & short-term investments$239.0M$724.0M$259.0M$221.0M$447.0M$338.0M$509.0M$464.0M$537.0M$498.0M
Net debt$1.36B$622.0M$2.57B$5.72B$5.50B$3.27B$3.42B$2.70B$2.45B$2.55B
Debt / equity1.391.119.403.383.892.732.622.521.961.98
Debt / assets0.410.300.570.520.510.430.440.410.390.40
Net debt / EBITDA5.252.688.349.8911.286.243.934.962.372.87
Current ratio1.041.180.901.141.021.191.241.321.501.40
Quick ratio0.831.030.721.000.760.900.930.971.091.05
Interest coverage0.4-0.2-0.4-0.20.11.03.01.14.24.0
Working capital$38.0M$251.0M−$127.0M$369.0M$68.0M$390.0M$606.0M$741.0M$941.0M$792.0M
Invested capital$2.52B$1.83B$2.87B$7.47B$7.03B$4.59B$4.92B$3.96B$3.98B$4.09B
Tangible asset value−$448.0M−$403.0M−$1.34B−$726.0M−$4.30B−$2.04B−$1.94B−$2.03B−$1.79B−$1.85B
Net current asset value−$1.66B−$1.57B−$3.48B−$6.67B−$7.23B−$4.61B−$4.34B−$3.48B−$3.29B−$3.37B
Graham number$7.40$35.28—$11.26$13.15—$30.04—$22.25$23.69
Graham net-net per share−$14.64−$13.91−$28.41−$65.41−$61.62−$43.72−$37.60−$39.02−$33.62−$33.42
Capital allocation
Dividends paid$15.0M$15.0M$15.0M$15.0M$15.0M$9.0M$5.29B$2.45B$1.94B$1.32B
Share buybacks (net)$148.0M$56.0M$34.0M$59.0M$50.0M$185.0M$398.0M$210.0M$350.0M$250.0M
Dividend payout ratio35.7%1.6%—25.0%15.5%—937.1%—834.5%490.0%
Dividends + buybacks / free cash flow——15.5%148.0%9.8%51.3%——508.0%249.7%
Capex / revenue6.1%7.7%11.9%11.9%9.4%4.2%4.8%4.9%4.5%3.5%
Capex / operating cash flow——54.3%88.3%34.5%41.0%51.9%58.4%39.5%26.5%
Capex / depreciation0.710.730.670.620.670.720.990.950.830.66
Stock-based compensation / revenue1.3%1.7%5.6%3.9%4.2%1.7%1.5%1.1%1.2%0.9%
R&D / revenue5.8%5.6%4.4%3.7%5.3%3.8%3.7%3.9%3.7%3.4%
SG&A / revenue16.9%16.2%23.3%36.3%19.1%17.7%16.4%15.0%14.4%15.0%
Efficiency
Days sales outstanding68.561.555.486.8102.676.975.373.770.470.7
Days of inventory on hand37.837.244.281.489.454.058.161.257.951.8
Days payables outstanding60.362.775.2104.196.257.463.564.060.455.5
Cash conversion cycle (days)46.036.024.364.195.873.570.070.967.966.9
Receivables turnover5.335.936.594.213.564.754.854.955.185.17
Payables turnover6.065.824.853.513.806.365.755.706.046.57
Inventory turnover9.669.818.274.484.086.766.285.966.307.04
Asset turnover0.640.600.390.270.370.710.830.830.850.85
Average receivables$504.5M$476.5M$482.0M$754.5M$1.04B$1.31B$1.43B$1.29B$1.26B$1.27B
Average payables$339.0M$386.0M$517.0M$710.0M$729.0M$736.0M$868.5M$829.5M$771.5M$719.0M
Average inventory$212.5M$229.0M$303.5M$555.5M$677.5M$692.5M$795.0M$793.0M$739.5M$671.0M
Intangibles / total assets40.9%36.2%32.9%21.6%50.1%40.0%38.3%42.4%43.4%44.3%

Computed from VYX's annual financial statements (latest annual report filed February 26, 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.

VYX valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), NCR Voyix traded at 34.3 times earnings, against a 10-year median of 11.9. Based on the latest twelve months, the trailing P/E is 27.1 and the forward P/E is 7.0. NCR Voyix earned a return on equity of 3.6% and a return on invested capital of 0.9% in fiscal 2025. It ended the year with $1.6 billion of debt and $239.0 million in cash and short-term investments, net debt of $1.4 billion. It returned $163.0 million to shareholders: $15.0 million in dividends and $148.0 million in share buybacks. The share count rose 9.2% from 129.2M to 141.1M over 9 years.

See the VYX income statement, the VYX chart for price history, or the VYX stock overview for the latest quote and news.

VYX key metrics FAQ

What is NCR Voyix's P/E ratio?

NCR Voyix's trailing P/E ratio is 27.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 7.0. At the end of fiscal 2025 it was 34.3, compared with a 10-year median of 11.9.

What is NCR Voyix's EV/EBITDA?

NCR Voyix's enterprise value was 10.8 times EBITDA at the end of fiscal 2025 (enterprise value $2.8 billion, EBITDA $260.0 million); the current EV/EBITDA is 9.5.

What is NCR Voyix's return on equity?

NCR Voyix's return on equity (ROE) was 3.6% in fiscal 2025: net income of $42.0 million on average shareholders' equity of $1.2 billion.

What is NCR Voyix's ROIC?

NCR Voyix's return on invested capital was 0.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does NCR Voyix have?

NCR Voyix had total debt of $1.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.39 and $1.4 billion of net debt (5.25 times EBITDA).

What is NCR Voyix's dividend yield?

NCR Voyix paid $15.0 million in dividends in fiscal 2025 ($0.11 per share), a payout ratio of 35.7%.

Does NCR Voyix buy back its shares?

Yes. NCR Voyix spent $148.0 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.5% over the year, to 141.1M..

What is NCR Voyix's free cash flow yield?

NCR Voyix generated -$375.0 million of free cash flow in fiscal 2025, a free cash flow yield of −26.1% on its market value at year-end ($1.4 billion).

What is NCR Voyix's current ratio?

NCR Voyix's current ratio was 1.04 at the end of fiscal 2025: current assets were 1.04 times current liabilities.

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