Saturday 17 October 2026
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Rand Capital Corporation
RAND Financial Asset Management
Rand Capital Corporation’s revenue for fiscal 2025 (year ended December 2025) was $6.5 million, down 24.4% from fiscal 2024. In the quarter to June 2026, revenue fell 13.0%, EPS grew 117.7% and free cash flow fell 1,146.8%, each against the same quarter a year earlier.
9.55
0.00
0.00%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 40.93 | 2.78 | 0.00 | 5.13 | 5.63 | 0.00 |
Piotroski F-Score |
4 | 4 | 3 | 4 | 3 | 4 | 5 | 5 | 7 | 4 |
P/S ratio |
19.62 | 13.04 | 7.50 | 7.41 | 12.86 | 10.76 | 6.19 | 4.56 | 5.80 | 5.17 |
P/FCF ratio |
3.14 | 0.00 | 0.00 | 4.27 | 0.00 | 0.00 | 149.49 | 0.00 | 3.24 | 2.98 |
P/Operating CF |
35.34 | (170.70) | (15.15) | 12.00 | 30.02 | (39.70) | (28.87) | (31.63) | 63.53 | (12.13) |
P/B ratio |
0.62 | 0.59 | 0.50 | 0.38 | 0.87 | 0.72 | 0.62 | 0.55 | 0.76 | 0.64 |
Price to Tangible BV |
0.62 | 0.59 | 0.50 | 0.38 | 0.87 | 0.72 | 0.62 | 0.55 | 0.76 | 0.64 |
EV/Sales |
(11.35) | (8.06) | (6.81) | (11.69) | (3.12) | (2.50) | (4.28) | (4.18) | (2.50) | (2.88) |
EV/EBITDA |
5.01 | 22.34 | 251.33 | 3,662.20 | 0.00 | 4.03 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(1.81) | 1.95 | 4.95 | (6.72) | 15.68 | 2.59 | (97.68) | 3.68 | (1.39) | (1.66) |
EV/FCF |
(1.82) | 1.94 | 4.93 | (6.74) | 15.33 | 2.58 | (103.33) | 3.67 | (1.39) | (1.66) |
Quick Ratio |
20.95 | 120.31 | 104.76 | 186.11 | 15.62 | 14.48 | 22.56 | 23.69 | 11.98 | 85.08 |
Current Ratio |
20.95 | 122.68 | 107.83 | 187.12 | 15.68 | 14.54 | 22.59 | 23.73 | 12.04 | 85.53 |
Net Debt/EBITDA |
13.68 | 58.48 | 528.88 | 5,982.71 | (44.36) | 33.92 | (12.83) | (15.21) | (14.58) | (9.71) |
Debt/Assets |
18.45% | 19.57% | 21.11% | 16.65% | 17.75% | 0.00% | 4.02% | 20.06% | 0.83% | 0.00% |
Debt/Equity |
0.24 | 0.25 | 0.27 | 0.20 | 0.23 | 0.00 | 0.04 | 0.27 | 0.01 | 0.00 |
Asset Turnover |
0.02 | 0.04 | 0.05 | 0.05 | 0.05 | 0.06 | 0.09 | 0.10 | 0.11 | 0.10 |
Operating CF/Net income |
(5.37) | 8.47 | 7.35 | (2.07) | (0.83) | (0.25) | (0.29) | (1.28) | 1.74 | (1.40) |
Capex/Depreciation |
(0.02) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Coverage |
— | — | — | — | — | (3.20) | 67.37 | 4.02 | 4.42 | 47.99 |
| (3.62%) | (2.20%) | (1.24%) | (5.38%) | 1.49% | 29.57% | (1.49%) | 11.01% | 14.00% | (13.68%) | |
| (2.77%) | (1.72%) | (0.98%) | (4.35%) | 1.18% | 24.95% | (1.37%) | 9.03% | 11.50% | (12.80%) | |
ROIC |
(218.85%) | (28.31%) | (3.93%) | (1.82%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
(3.15%) | (1.81%) | (1.00%) | (3.64%) | 1.30% | 25.99% | (1.46%) | 8.43% | 13.31% | (15.31%) |
Average Days of Receivables |
114.67 | 57.96 | 25.21 | 19.06 | 30.37 | 11.46 | 13.19 | 12.17 | 15.25 | 9.47 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
293.66% | 115.48% | 88.35% | 82.74% | 31.97% | 24.75% | 20.29% | 17.33% | 15.71% | 24.18% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
1.50 | 1.65 | 1.96 | 2.58 | 1.15 | 1.38 | 1.61 | 1.81 | 1.31 | 1.56 |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 14.02 | 56.93 | 0.00 | 36.62 | 44.13 | 0.00 |
Earnings Yield |
(5.63%) | (3.67%) | (2.40%) | (17.54%) | 2.44% | 36.02% | (2.46%) | 19.51% | 17.77% | (23.68%) |
Free Cash Flow Yield |
31.84% | (31.81%) | (18.45%) | 23.42% | (1.58%) | (9.02%) | 0.67% | (24.96%) | 30.83% | 33.59% |
Revenue per Share |
1.47 | 2.07 | 3.00 | 3.26 | 1.37 | 1.58 | 2.23 | 2.84 | 3.32 | 2.20 |
Operating CF per Share |
9.19 | (8.57) | (4.13) | 5.67 | (0.27) | (1.53) | 0.10 | (3.23) | 5.94 | 3.82 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
9.19 | (8.57) | (4.13) | 5.67 | (0.27) | (1.53) | 0.10 | (3.23) | 5.94 | 3.82 |
Cash per Share |
56.60 | 54.88 | 55.13 | 75.07 | 26.64 | 25.15 | 24.36 | 31.16 | 27.76 | 17.89 |
Shareholders Equity per Share |
46.43 | 45.44 | 44.91 | 64.07 | 20.33 | 23.54 | 22.36 | 23.56 | 25.31 | 17.72 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
46.43 | 45.44 | 44.91 | 64.07 | 20.33 | 23.54 | 22.36 | 23.56 | 25.31 | 17.72 |
Free Cash Flow |
6.46 | (6.02) | (2.90) | 4.74 | (0.62) | (3.94) | 0.25 | (8.34) | 15.33 | 11.25 |
Working Capital |
38.19 | 39.22 | 39.61 | 62.98 | 57.01 | 60.79 | 60.36 | 77.39 | 66.33 | 52.52 |
Capital Expenditures |
0.00 | — | — | — | — | — | — | — | — | — |
Net Current Asset Value |
30.32 | 31.32 | 30.99 | 52.16 | 46.03 | 60.38 | 57.40 | 60.59 | 65.21 | 52.13 |
EV/EBIT |
4.94 | 21.08 | 165.34 | 692.63 | 0.00 | 5.16 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 35.39 | 0.00 | 7.68 | 10.59 | 13.35 | 6.33 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
8.05% | (7.68%) | (3.68%) | 3.73% | (0.53%) | (3.14%) | 0.20% | (5.30%) | 11.14% | 10.73% |
Accounts Receivable Turnover |
3.83 | 5.24 | 11.19 | 18.93 | 15.50 | 21.11 | 34.29 | 32.41 | 28.43 | 24.64 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
0.27 | 0.28 | 0.19 | 0.14 | 0.20 | 0.19 | 0.17 | 0.23 | 0.30 | 0.26 |
Average Payables |
1.06 | 0.96 | 0.35 | 0.35 | 0.33 | 2.41 | 3.64 | 3.10 | 3.62 | 2.23 |
Average Assets |
43.49 | 41.28 | 40.33 | 52.66 | 62.88 | 63.31 | 64.56 | 72.25 | 76.74 | 62.83 |
Average Common Equity |
33.24 | 32.27 | 31.72 | 42.58 | 49.87 | 53.43 | 59.23 | 59.27 | 63.07 | 58.76 |
Columns are period end dates