System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
8.86
-0.06 (-0.67%)
At close: Sep 15, 2025, 4:00 PM EDT
8.71
-0.15 (-1.69%)
After-hours: Sep 15, 2025, 4:19 PM EDT

System1 Statistics

Total Valuation

System1 has a market cap or net worth of $87.85 million. The enterprise value is $291.96 million.

Market Cap87.85M
Enterprise Value 291.96M

Important Dates

The next estimated earnings date is Thursday, November 6, 2025, after market close.

Earnings Date Nov 6, 2025
Ex-Dividend Date n/a

Share Statistics

System1 has 9.92 million shares outstanding. The number of shares has decreased by -7.18% in one year.

Current Share Class 8.05M
Shares Outstanding 9.92M
Shares Change (YoY) -7.18%
Shares Change (QoQ) +5.12%
Owned by Insiders (%) 26.72%
Owned by Institutions (%) 12.28%
Float 1.78M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.21
Forward PS 0.28
PB Ratio 1.23
P/TBV Ratio n/a
P/FCF Ratio 9.56
P/OCF Ratio 9.48
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.03, with an EV/FCF ratio of 31.62.

EV / Earnings n/a
EV / Sales 0.92
EV / EBITDA 23.03
EV / EBIT n/a
EV / FCF 31.62

Financial Position

The company has a current ratio of 1.18, with a Debt / Equity ratio of 5.00.

Current Ratio 1.18
Quick Ratio 1.12
Debt / Equity 5.00
Debt / EBITDA 17.13
Debt / FCF 28.96
Interest Coverage -2.10

Financial Efficiency

Return on equity (ROE) is -98.58% and return on invested capital (ROIC) is -10.68%.

Return on Equity (ROE) -98.58%
Return on Assets (ROA) -8.34%
Return on Invested Capital (ROIC) -10.68%
Return on Capital Employed (ROCE) -20.28%
Revenue Per Employee $1.06M
Profits Per Employee -$237,030
Employee Count300
Asset Turnover 0.67
Inventory Turnover n/a

Taxes

Income Tax -2.08M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -31.17% in the last 52 weeks. The beta is 1.39, so System1's price volatility has been higher than the market average.

Beta (5Y) 1.39
52-Week Price Change -31.17%
50-Day Moving Average 6.74
200-Day Moving Average 6.15
Relative Strength Index (RSI) 67.52
Average Volume (20 Days) 52,535

Short Selling Information

The latest short interest is 218,849, so 2.21% of the outstanding shares have been sold short.

Short Interest 218,849
Short Previous Month 173,405
Short % of Shares Out 2.21%
Short % of Float 12.33%
Short Ratio (days to cover) 4.02

Income Statement

In the last 12 months, System1 had revenue of $317.06 million and -$71.11 million in losses. Loss per share was -$9.69.

Revenue317.06M
Gross Profit 57.65M
Operating Income -62.75M
Pretax Income -205.84M
Net Income -71.11M
EBITDA 12.68M
EBIT -62.75M
Loss Per Share -$9.69
Full Income Statement

Balance Sheet

The company has $63.65 million in cash and $267.37 million in debt, giving a net cash position of -$203.72 million or -$20.55 per share.

Cash & Cash Equivalents 63.65M
Total Debt 267.37M
Net Cash -203.72M
Net Cash Per Share -$20.55
Equity (Book Value) 53.44M
Book Value Per Share 7.26
Working Capital 21.48M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $9.31 million and capital expenditures -$77,000, giving a free cash flow of $9.23 million.

Operating Cash Flow 9.31M
Capital Expenditures -77,000
Free Cash Flow 9.23M
FCF Per Share $0.93
Full Cash Flow Statement

Margins

Gross margin is 18.18%, with operating and profit margins of -19.79% and -22.43%.

Gross Margin 18.18%
Operating Margin -19.79%
Pretax Margin -29.06%
Profit Margin -22.43%
EBITDA Margin 4.00%
EBIT Margin -19.79%
FCF Margin 2.91%

Dividends & Yields

System1 does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 7.18%
Shareholder Yield 7.18%
Earnings Yield -80.58%
FCF Yield 10.46%
Dividend Details

Analyst Forecast

The average price target for System1 is $10.00, which is 12.87% higher than the current price. The consensus rating is "Strong Buy".

Price Target $10.00
Price Target Difference 12.87%
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on June 12, 2025. It was a reverse split with a ratio of 1:10.

Last Split Date Jun 12, 2025
Split Type Reverse
Split Ratio 1:10

Scores

System1 has an Altman Z-Score of -2.25 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -2.25
Piotroski F-Score 5