VNET (VNET)

Financial Metrics & Valuation Analysis

Enterprise Valuation (TTM)

Enterprise Value$35.52B
EV / Sales3.43
EV / EBITDA9.71
EV / Operating Cash Flow18.73
EV / Free Cash Flow-5.98

Return Metrics (TTM)

Return on Equity (ROE)-40.29%
Return on Assets (ROA)-4.59%
Return on Invested Capital (ROIC)-1.06%
Return on Capital Employed (ROCE)2.17%

Yield Metrics

Earnings Yield-16.99%
Free Cash Flow Yield-43.93%

Balance Sheet Strength

Net Debt / EBITDA6.01
Current Ratio0.99
Working Capital-$165.58M
Tangible Asset Value$7.14B
Net Current Asset Value-$24.63B

Working Capital Efficiency

Days Sales Outstanding109.85
Days Payables Outstanding37.48
Operating Cycle (Days)109.85
Cash Conversion Cycle72.37

Capital Allocation

CapEx / Revenue75.75%
CapEx / Operating Cash Flow413.16%
R&D / Revenue2.81%
SG&A / Revenue10.39%

Fiscal Year 2025 Ratios

Audited annual results as of 2025-12-31

Margins

Gross Profit Margin22.04%
Operating Margin7.56%
Net Profit Margin-2.58%

Solvency

Debt / Equity4.53
Quick Ratio0.92
Cash Ratio0.44

Per Share

Revenue / Share$36.02
FCF / Share-$22.14
PE Ratio-65.73