XBP Europe Holdings, Inc. (XBP) Key Metrics
XBP valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $41.9M
- Enterprise value
- $438.4M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 0.1 10-yr median 8.1
- Price / book
- 1.0
- EV / EBITDA
- 105.3 10-yr median 8.8
- Dividend yield
- —
- Beta
- −0.47
XBP key metrics, 2020–2025
Fiscal year ended December 31, 2025 · U.S. dollarsXBP valuation Price multiples at each fiscal year-end price.
XBP returns How much profit the business earns on the capital it uses.
XBP per-share figures Results divided by the shares outstanding at year-end.
XBP financial health Debt, liquidity and how easily interest is covered.
XBP efficiency & capital use Working capital cycle and where the cash goes.
XBP valuation history
XBP returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
XBP debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
XBP price vs earnings per share
XBP key metrics
2020–2025| 2025 | 2024 | 2023 | 2023 | 2022 | 2022 | 2021 | 2021 | 2020 | 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $80.1M | $32.9M | — | $5.85B | — | $3.09B | $317.3M | $3.01B | — | — |
| Enterprise value | $474.1M | $56.2M | — | $5.89B | — | $3.12B | $360.2M | $3.05B | — | — |
| P/E ratio | 0.1 | — | — | — | — | — | — | — | — | — |
| Price / sales | 0.1 | 0.2 | — | 35.1 | — | 17.1 | 1.5 | 14.6 | — | — |
| Price / book | 0.9 | — | — | — | — | — | — | — | — | — |
| Price / free cash flow | — | — | — | — | — | 877.4 | — | — | — | — |
| Price / operating cash flow | — | — | — | — | — | 312.6 | — | — | — | — |
| EV / sales | 0.6 | 0.4 | — | 35.3 | — | 17.3 | 1.7 | 14.8 | — | — |
| EV / EBITDA | 0.4 | 8.8 | — | — | — | 953.7 | — | — | — | — |
| EV / free cash flow | — | — | — | — | — | 886.0 | — | — | — | — |
| Earnings yield | 1,378.5% | −37.6% | — | −0.2% | — | −0.3% | −4.0% | −0.4% | — | — |
| Free cash flow yield | −188.1% | −19.7% | — | −0.1% | — | 0.1% | −1.6% | −0.2% | — | — |
| Share price at fiscal year-end | $6.81 | $10.90 | $53.00 | $259.80 | $104.10 | $102.50 | $99.80 | $99.70 | — | — |
| Per share | ||||||||||
| Revenue per share | $67.29 | $47.33 | — | $7.39 | — | $5.98 | $64.78 | $6.83 | $68.79 | $7.21 |
| Earnings per share | $93.87 | −$4.10 | — | −$0.49 | — | −$0.26 | −$4.00 | −$0.42 | −$8.97 | −$0.94 |
| Operating cash flow per share | −$12.05 | −$1.73 | — | −$0.03 | — | $0.33 | −$0.96 | −$0.10 | $1.71 | $0.18 |
| Free cash flow per share | −$12.81 | −$2.15 | — | −$0.15 | — | $0.12 | −$1.56 | −$0.16 | $1.02 | $0.11 |
| Cash per share | $3.16 | $4.01 | — | $0.31 | — | $0.25 | $0.92 | $0.10 | $2.93 | $0.31 |
| Book value per share | $7.43 | −$7.08 | — | −$0.56 | — | −$0.89 | −$8.35 | −$0.88 | −$6.09 | −$0.64 |
| Tangible book value per share | −$37.99 | −$14.63 | — | −$1.57 | — | −$1.67 | −$16.60 | −$1.75 | −$15.25 | −$1.60 |
| Capex per share | $0.76 | $0.42 | — | $0.12 | — | $0.21 | $0.60 | $0.06 | $0.69 | $0.07 |
| Debt per share | $36.68 | $11.73 | — | $1.74 | — | $1.25 | $14.43 | $1.52 | $17.76 | $1.86 |
| Shares outstanding | 11.8M | 3.0M | — | 22.5M | — | 30.2M | 3.2M | 30.2M | 3.2M | 30.2M |
| Change in shares outstanding | +289.7% | — | — | — | — | +848.9% | −89.5% | +853.9% | −89.5% | 0.0% |
| Returns & profitability | ||||||||||
| Return on invested capital (ROIC) | 4.8% | 84.8% | 7.3% | 2.2% | −46.0% | −15.6% | −18.3% | −13.7% | −54.5% | −54.5% |
| Return on assets (ROA) | 222.9% | −13.0% | −10.7% | −9.7% | −6.5% | −6.3% | −10.0% | −8.8% | −17.5% | −17.5% |
| Return on tangible assets | 299.8% | −18.9% | −14.1% | −13.6% | −8.0% | −8.0% | −12.6% | −12.6% | −21.4% | −21.4% |
| Free cash flow margin | −19.0% | −4.5% | −2.5% | −2.0% | 2.0% | 2.0% | −2.4% | −2.4% | 1.5% | 1.5% |
| Income quality (OCF / net income) | −0.13 | — | — | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $431.2M | $35.4M | $23.6M | $39.2M | $37.8M | $37.8M | $45.9M | $45.9M | $56.2M | $56.2M |
| Cash & short-term investments | $37.1M | $12.1M | $6.5M | $6.9M | $7.5M | $7.5M | $2.9M | $2.9M | $9.3M | $9.3M |
| Net debt | $394.1M | $23.3M | $17.1M | $32.3M | $30.3M | $30.3M | $43.0M | $43.0M | $46.9M | $46.9M |
| Debt / equity | 4.94 | — | — | — | — | — | — | — | — | — |
| Debt / assets | 0.48 | 0.40 | 0.23 | 0.38 | 0.31 | 0.31 | 0.36 | 0.36 | 0.35 | 0.35 |
| Net debt / EBITDA | 0.30 | 3.63 | 2.90 | 7.74 | 14.49 | 9.25 | — | — | — | — |
| Current ratio | 0.74 | 0.60 | 0.61 | 0.61 | 0.69 | 0.69 | 0.65 | 0.65 | 0.80 | 0.80 |
| Quick ratio | 0.71 | 0.55 | 0.56 | 0.54 | 0.64 | 0.64 | 0.61 | 0.61 | 0.75 | 0.75 |
| Interest coverage | 0.1 | 0.5 | 0.2 | 0.0 | -0.6 | -0.6 | -1.3 | -1.3 | -6.7 | -6.7 |
| Working capital | −$82.3M | −$27.4M | −$32.2M | −$32.2M | −$31.9M | −$31.9M | −$36.2M | −$36.2M | −$20.5M | −$20.5M |
| Invested capital | $481.4M | $1.9M | $4.5M | $19.7M | $3.3M | $3.3M | $16.4M | $16.4M | $27.7M | $27.7M |
| Tangible asset value | −$446.6M | −$44.1M | −$36.9M | −$35.5M | −$50.5M | −$50.5M | −$52.8M | −$52.8M | −$48.2M | −$48.2M |
| Net current asset value | −$575.0M | −$68.1M | −$65.4M | −$67.1M | −$79.8M | −$79.8M | −$87.3M | −$87.3M | −$96.7M | −$96.7M |
| Graham number | $125.27 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$57.31 | −$26.38 | — | −$3.69 | — | −$3.33 | −$34.20 | −$3.60 | −$38.60 | −$4.05 |
| Capital allocation | ||||||||||
| Capex / revenue | 1.1% | 0.9% | 1.5% | 1.6% | 3.5% | 3.5% | 0.9% | 0.9% | 1.0% | 1.0% |
| Capex / operating cash flow | — | — | — | — | 64.4% | 64.4% | — | — | 40.5% | 40.5% |
| Capex / depreciation | 0.18 | 0.34 | 0.61 | 0.69 | 1.45 | 1.45 | 0.39 | 0.39 | 0.35 | 0.35 |
| Stock-based compensation / revenue | 0.1% | 1.1% | −2.7% | — | — | — | — | — | — | — |
| SG&A / revenue | — | 18.6% | 20.7% | — | 18.7% | 18.7% | 14.9% | 14.9% | 20.3% | 20.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 35.1 | 67.6 | 75.5 | 93.3 | 106.7 | 107.0 | 94.1 | 102.5 | 105.0 | 105.0 |
| Days of inventory on hand | 4.1 | 13.7 | 14.9 | 13.7 | 12.1 | 11.5 | 9.1 | 10.5 | 11.2 | 11.2 |
| Days payables outstanding | 18.6 | 45.1 | 43.8 | 43.4 | 45.0 | 41.3 | 31.2 | 30.4 | 27.8 | 27.8 |
| Cash conversion cycle (days) | 20.6 | 36.3 | 46.6 | 63.6 | 73.7 | 77.2 | 72.0 | 82.6 | 88.4 | 88.4 |
| Receivables turnover | 10.40 | 5.40 | 4.83 | 3.91 | 3.42 | 3.41 | 3.88 | 3.56 | 3.48 | 3.48 |
| Payables turnover | 19.57 | 8.09 | 8.33 | 8.40 | 8.11 | 8.84 | 11.70 | 12.01 | 13.11 | 13.11 |
| Inventory turnover | 87.95 | 26.57 | 24.52 | 26.58 | 30.22 | 31.74 | 40.32 | 34.87 | 32.66 | 32.66 |
| Asset turnover | 1.60 | 1.50 | 1.50 | 1.47 | 1.47 | 1.44 | 1.62 | 1.43 | 1.35 | 1.35 |
| Average receivables | $76.0M | $26.5M | $32.1M | $42.6M | $52.7M | $52.9M | $53.1M | $57.9M | $62.6M | $62.6M |
| Average payables | $34.1M | $12.9M | $13.8M | $15.6M | $16.9M | $15.5M | $14.1M | $13.7M | $13.4M | $13.4M |
| Average inventory | $7.6M | $3.9M | $4.7M | $4.9M | $4.5M | $4.3M | $4.1M | $4.7M | $5.4M | $5.4M |
| Intangibles / total assets | 59.2% | 25.9% | 23.7% | 21.9% | 19.2% | 19.2% | 20.7% | 20.7% | 17.9% | 17.9% |
Computed from XBP'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.
XBP valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), XBP Europe traded at 0.1 times earnings. XBP Europe earned a return on invested capital of 4.8% in fiscal 2025. It ended the year with $431.2 million of debt and $37.1 million in cash and short-term investments, net debt of $394.1 million. The share count fell 61.0% from 30.2M to 11.8M over 9 years.
See the XBP income statement, the XBP chart for price history, or the XBP stock overview for the latest quote and news.
XBP key metrics FAQ
What is XBP Europe's P/E ratio?
XBP Europe traded at 0.1 times earnings at the end of fiscal 2025.
What is XBP Europe's EV/EBITDA?
XBP Europe's enterprise value was 0.4 times EBITDA at the end of fiscal 2025 (enterprise value $474.1 million, EBITDA $1.3 billion); the current EV/EBITDA is 105.3.
What is XBP Europe's ROIC?
XBP Europe's return on invested capital was 4.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does XBP Europe have?
XBP Europe had total debt of $431.2 million at the end of fiscal 2025, a debt-to-equity ratio of 4.94 and $394.1 million of net debt (0.30 times EBITDA).
What is XBP Europe's free cash flow yield?
XBP Europe generated -$150.6 million of free cash flow in fiscal 2025, a free cash flow yield of −188.1% on its market value at year-end ($80.1 million).
What is XBP Europe's current ratio?
XBP Europe's current ratio was 0.74 at the end of fiscal 2025: current assets were 0.74 times current liabilities.