Melexis NV (MEX) Ratios
Melexis NV Ratios
DE:MEX's free cash flow for Q3 2026 was $65.02M. For the 2026 fiscal year, DE:MEX's free cash flow was decreased by $-7.52M and operating cash flow was $72.53M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 5.46 | 4.54 | 3.63 | 4.63 | 4.22 |
| Quick Ratio | 2.63 | 2.01 | 1.58 | 2.59 | 2.13 |
| Cash Ratio | 0.33 | 0.31 | 0.32 | 0.97 | 0.50 |
| Solvency Ratio | 0.40 | 0.66 | 0.80 | 2.46 | 2.43 |
| Operating Cash Flow Ratio | 1.19 | 1.71 | 0.02 | 2.13 | 2.06 |
| Short-Term Operating Cash Flow Coverage | 9.71 | 30.74 | 0.72 | 0.00 | 0.00 |
| Net Current Asset Value | $ 160.61M | $ 145.84M | $ 135.05M | $ 309.58M | $ 219.74M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.36 | 0.25 | 0.22 | 0.01 | 0.01 |
| Debt-to-Equity Ratio | 0.66 | 0.39 | 0.34 | 0.01 | 0.01 |
| Debt-to-Capital Ratio | 0.40 | 0.28 | 0.25 | 0.01 | 0.01 |
| Long-Term Debt-to-Capital Ratio | 0.38 | 0.27 | 0.25 | 0.00 | 0.00 |
| Financial Leverage Ratio | 1.86 | 1.58 | 1.57 | 1.20 | 1.19 |
| Debt Service Coverage Ratio | 7.24 | 13.45 | 25.17 | 339.11 | 212.66 |
| Interest Coverage Ratio | 13.56 | 19.24 | 42.34 | 316.91 | 179.30 |
| Debt to Market Cap | 0.14 | 0.09 | 0.05 | 0.00 | 0.00 |
| Interest Debt Per Share | 8.27 | 5.78 | 4.81 | 0.12 | 0.14 |
| Net Debt to EBITDA | 1.52 | 0.71 | 0.49 | -0.28 | -0.15 |
| Profitability Margins | |||||
| Gross Profit Margin | 38.59% | 43.03% | 45.65% | 44.81% | 42.50% |
| EBIT Margin | 16.19% | 23.57% | 27.09% | 28.59% | 24.10% |
| EBITDA Margin | 22.54% | 28.47% | 31.59% | 33.92% | 30.95% |
| Operating Profit Margin | 15.96% | 23.57% | 27.09% | 27.09% | 23.06% |
| Pretax Profit Margin | 16.19% | 22.01% | 26.25% | 28.51% | 23.97% |
| Net Profit Margin | 13.40% | 18.38% | 21.72% | 23.58% | 20.37% |
| Continuous Operations Profit Margin | 13.40% | 18.38% | 21.72% | 23.58% | 20.37% |
| Net Income Per EBT | 82.79% | 83.50% | 82.74% | 82.71% | 84.97% |
| EBT Per EBIT | 101.44% | 93.37% | 96.90% | 105.23% | 103.94% |
| Return on Assets (ROA) | 12.46% | 19.17% | 24.19% | 33.98% | 28.43% |
| Return on Equity (ROE) | 23.22% | 30.21% | 38.01% | 40.90% | 33.70% |
| Return on Capital Employed (ROCE) | 16.80% | 27.83% | 35.21% | 46.03% | 37.87% |
| Return on Invested Capital (ROIC) | 13.65% | 23.01% | 28.91% | 37.94% | 32.04% |
| Return on Tangible Assets | 12.47% | 19.20% | 24.24% | 34.16% | 28.70% |
| Earnings Yield | 4.88% | 7.50% | 5.77% | 6.02% | 3.10% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.19 | 9.12 | 6.36 | 6.70 | 6.50 |
| Payables Turnover | 10.10 | 8.41 | 6.58 | 16.06 | 16.33 |
| Inventory Turnover | 1.72 | 2.02 | 2.06 | 2.57 | 2.56 |
| Fixed Asset Turnover | 4.10 | 4.24 | 4.84 | 6.00 | 4.71 |
| Asset Turnover | 0.93 | 1.04 | 1.11 | 1.44 | 1.40 |
| Working Capital Turnover Ratio | 2.00 | 2.69 | 2.99 | 3.08 | 2.98 |
| Cash Conversion Cycle | 235.40 | 177.10 | 179.00 | 173.86 | 176.30 |
| Days of Sales Outstanding | 58.94 | 40.01 | 57.36 | 54.49 | 56.18 |
| Days of Inventory Outstanding | 212.60 | 180.50 | 177.14 | 142.09 | 142.47 |
| Days of Payables Outstanding | 36.14 | 43.41 | 55.50 | 22.72 | 22.35 |
| Operating Cycle | 271.54 | 220.51 | 234.50 | 196.58 | 198.65 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.15 | 4.41 | 0.07 | 4.65 | 3.52 |
| Free Cash Flow Per Share | 2.42 | 3.09 | -2.27 | 3.66 | 2.55 |
| Dividend Paid and CapEx Coverage Ratio | 0.71 | 0.88 | 0.01 | 1.30 | 1.11 |
| Capital Expenditure Coverage Ratio | 4.31 | 3.36 | 0.03 | 4.71 | 3.64 |
| Operating Cash Flow Coverage Ratio | 0.39 | 0.80 | 0.02 | 44.21 | 30.74 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.19 | 0.00 | 0.22 | 0.22 |
| Free Cash Flow Yield | 4.21% | 5.48% | -2.53% | 4.52% | 2.44% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 20.54 | 13.33 | 17.34 | 16.60 | 32.29 |
| Price-to-Sales (P/S) Ratio | 2.75 | 2.45 | 3.77 | 3.91 | 6.58 |
| Price-to-Book (P/B) Ratio | 4.76 | 4.03 | 6.59 | 6.79 | 10.88 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 23.75 | 18.26 | -39.57 | 22.12 | 41.05 |
| Price-to-Operating Cash Flow Ratio | 18.24 | 12.82 | 1205.99 | 17.42 | 29.77 |
| Price-to-Earnings Growth (PEG) Ratio | -0.60 | -0.73 | 2.82 | 0.33 | 0.37 |
| Enterprise Value Multiple | 13.71 | 9.32 | 12.41 | 11.25 | 21.10 |
| Enterprise Value | 2.59B | 2.47B | 3.78B | 3.19B | 4.20B |
| EV to EBITDA | 13.71 | 9.32 | 12.41 | 11.25 | 21.10 |
| EV to Sales | 3.09 | 2.65 | 3.92 | 3.82 | 6.53 |
| EV to Free Cash Flow | 26.71 | 19.78 | -41.19 | 21.57 | 40.75 |
| EV to Operating Cash Flow | 20.51 | 13.88 | 1255.42 | 16.99 | 29.55 |
| Tangible Book Value Per Share | 12.05 | 14.01 | 13.58 | 11.86 | 9.52 |
| Shareholders’ Equity Per Share | 12.08 | 14.03 | 13.63 | 11.93 | 9.63 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.16 | 0.17 | 0.17 | 0.15 |
| Revenue Per Share | 20.93 | 23.07 | 23.85 | 20.70 | 15.94 |
| Net Income Per Share | 2.80 | 4.24 | 5.18 | 4.88 | 3.25 |
| Tax Burden | 0.83 | 0.84 | 0.83 | 0.83 | 0.85 |
| Interest Burden | 1.00 | 0.93 | 0.97 | 1.00 | 0.99 |
| Research & Development to Revenue | 0.14 | 0.12 | 0.11 | 0.11 | 0.12 |
| SG&A to Revenue | 0.09 | 0.08 | 0.05 | 0.05 | 0.02 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.12 | 1.04 | 0.01 | 0.95 | 1.08 |
Currency in EUR