MeiraGTx Holdings plc Ratios | P/E, ROE & Valuation

On the Key Ratios page for MeiraGTx Holdings plc (MGTX), the latest P/E of -8.4 frames valuation, while ROE 474.91% and ROIC -109.97% indicates profitability and capital efficiency. Together with the current ratio of 0.55 and debt-to-equity -1.51, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

MGTX Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$0.98$0.48$0.25$0.35$0.85$0.41$0.40$0.00$0.00$0.00
Net Income per Share$-1.48$-2.12$-1.49$-3.16$-1.63$-1.43$-1.58$-4.37$-3.62$-1.01
Operating Cash Flow per Share$0.10$-1.50$-1.87$-1.62$-0.24$-1.70$0.60$-3.11$-2.11$-0.75
Free Cash Flow per Share$-0.03$-1.57$-2.22$-2.61$-1.49$-2.68$0.33$-3.70$-3.34$-0.88
Cash per Share$0.88$1.48$2.29$2.56$3.12$5.55$6.85$3.59$1.00$0.91
Book Value per Share$-0.71$0.97$2.45$2.61$4.20$6.32$5.75$4.28$-5.53$-0.89
Tangible Book Value per Share$-0.72$0.96$2.43$2.56$4.14$6.25$5.73$4.28$-5.53$-0.89
Interest Debt per Share$1.22$1.40$1.81$2.15$0.54$0.59$0.70$0.00$0.18$0.00
CAPEX per Share$0.13$0.07$0.36$1.00$1.25$0.98$0.27$0.59$1.23$0.13

MGTX Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)-8.41-2.88-4.72-2.06-14.56-10.58-12.63-2.2-4.14-14.81
Price to Book (P/B)-17.46.272.872.55.652.393.482.25-2.71-16.84
Price to Sales (P/S)14.4412.7828.2918.527.7936.749.95000
Enterprise Value to EBITDA-12.2-3.34-6.24-2.34-13.08-7.15-8.95-1.47-3.92-13.68
EV to Sales14.6412.2125.4117.0424.7724.6734.6000
EV to Operating Cash Flow141.09-3.89-3.38-3.71-88.69-622.94-1.95-6.73-18.87
EV to Free Cash Flow-498.53-3.71-2.84-2.3-14.2-3.841.56-1.63-4.25-15.98
Enterprise Value$1.17B$406.36M$356.23M$271.29M$933.91M$383.87M$459.85M$114.62M$121.54M$271.12M

MGTX Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)474.91%-217.89%-60.81%-121.35%-38.82%-22.62%-27.54%-102.23%65.54%113.70%
Return on Invested Capital (ROIC)-109.97%-77.09%-51.94%-47.70%-28.28%-18.65%-20.96%-95.35%-534.74%-121.49%
Return on Tangible Assets-49.37%-54.96%-25.80%-45.19%-22.66%-14.96%-16.27%-85.52%-120.08%-86.41%
Earnings Yield-11.92%-34.76%-21.19%-48.50%-6.87%-9.45%-7.92%-45.37%-24.14%-6.75%
Free Cash Flow Yield-0.20%-25.74%-31.66%-40.08%-6.27%-17.68%1.67%-38.40%-22.24%-5.88%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

MGTX Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.552.032.381.882.695.035.474.820.543.16
Interest Coverage-8.76-12.37-10.35-23.53-254.14-449.38-1198.63-2336.42-739.21-788.7
Income Quality-0.030.711.250.560.131.1-0.370.710.580.73
Debt to Equity-1.511.250.650.780.130.090.120-0.030
Debt to Assets35.78%31.44%27.32%28.99%7.41%6.12%7.16%0.04%5.83%0.05%
Net Debt to EBITDA-0.170.150.710.21.63.493.970.870.230.88

MGTX Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover4.443.130.60.551.080.40.36000
Payables Turnover0.41.0100.520.51000.670.10.16
Inventory Turnover061.7901.070.9700000
Days Sales Outstanding82.19116.57609.72665.41339.02902.451019.1000
Days Payables Outstanding911.43361.850695.27711.55005413791.672213.61
Days of Inventory on Hand05.910340.31375.6200000

MGTX Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA-12.2-3.34-6.24-2.34-13.08-7.15-8.95-1.47-3.92-13.68
Market Cap$1.15B$425.22M$396.54M$294.56M$1.05B$571.14M$663.90M$182.66M$128.58M$288.59M
Enterprise Value$1.17B$406.36M$356.23M$271.29M$933.91M$383.87M$459.85M$114.62M$121.54M$271.12M
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

Is MeiraGTx Holdings plc stock overvalued based on its P/E ratio?

On this page, you can use the latest P/E (from the Key Ratios table) as your starting point and compare it to the company's multi-year P/E range in the historical rows. When the current P/E sits near its historical average, valuation may be broadly "in line." Investors typically then focus on trend direction (whether profitability and cash-flow metrics are improving) and balance-sheet risk (liquidity and leverage) rather than treating the P/E in isolation.

What is MeiraGTx Holdings plc market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $1.15B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

What is a good P/E ratio for MeiraGTx Holdings plc compared to its industry?

There isn't one universal "good" P/E - P/E should be judged against the business model and expected growth for its sector. A practical approach is: (1) compare the P/E on this page to MeiraGTx Holdings plc's own historical range (shown across the table's rows), and (2) benchmark against peer companies using the Screener's P/E filters and the Peers Comparison/Compare tools. If profitability (ROE/ROIC) and cash-flow strength are improving, a higher P/E can be more defensible; if returns are slipping, even a lower P/E may be a value trap.

How does MeiraGTx Holdings plc compare to its competitors in key financial ratios?

The fastest way to compare MeiraGTx Holdings plc with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see MeiraGTx Holdings plc outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

Is MeiraGTx Holdings plc financially strong based on its ratios?

To assess whether MeiraGTx Holdings plc is financially strong, review both profitability and balance-sheet risk together. Current ratio is about 0.55, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about -8.76, implying less buffer for servicing interest costs. Debt-to-equity is about -1.51, suggesting leverage is more moderate relative to a high-debt profile. Then confirm the same story is supported by ROE/ROIC (quality of earnings) and by cash-flow backed metrics in the table.

What do MeiraGTx Holdings plc's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If MeiraGTx Holdings plc is sustaining strong returns (for example ROE at 474.91% and ROIC at -109.97%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.