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FOXXFoxx Development Holdings Inc.
$3.34$24M
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  4. Financial Ratios

Foxx Development Holdings Inc. (FOXX) Financial Ratios

Latest Ratios: P/E Ratio -2.0x · EV/EBITDA N/A · ROE N/A. (2022–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

FOXX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022
Market Cap$24M$34M$83M$79M—
Enterprise Value$23M$33M$89M$79M—
P/E Ratio →-2.05——1352.50—
P/S Ratio0.360.5125.653.64—
P/B Ratio—————
P/FCF—————
P/OCF———2606.79—

P/E links to full P/E history page with 30-year chart

FOXX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022
EV / Revenue—0.5027.583.67—
EV / EBITDA———741.28—
EV / EBIT———971.19—
EV / FCF—————

FOXX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022
Gross Margin7.2%7.2%3.6%5.1%3.5%
Operating Margin-14.7%-14.7%-96.9%0.4%0.2%
Net Profit Margin-13.7%-13.7%-106.3%0.3%1.1%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022
ROE—————
ROA-57.5%-57.5%-92.9%4.4%23.9%
ROIC——-200.7%7241.9%—
ROCE—————

FOXX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022
Debt / Equity—————
Debt / EBITDA———23.4816.81
Net Debt / Equity—————
Net Debt / EBITDA———6.4316.13
Debt / FCF—————
Interest Coverage-0.80-0.80-11.258.81—

Net cash position: cash ($2M) exceeds total debt ($1M)

FOXX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022
Current Ratio0.780.780.480.740.49
Quick Ratio0.360.360.290.740.49
Cash Ratio0.060.060.070.740.02
Asset Turnover—2.540.6010.7621.28
Inventory Turnover4.824.821.76——
Days Sales Outstanding—37.58218.67—16.53

FOXX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022
Dividend Yield—————
Payout Ratio—————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022
Earnings Yield———0.1%—
FCF Yield—————
Buyback Yield0.0%0.0%67.2%0.0%—
Total Shareholder Yield0.0%0.0%67.2%0.0%—
Shares Outstanding—$6M$7M$7M$11M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and solvency constraints

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Distressed Valuation Reflects Operational Uncertainty

Based on current market data, FOXX trades at a P/S multiple of 0.36, which, when viewed alongside a negative TTM P/E of -2.05, suggests that investors are heavily discounting the company's ability to achieve sustainable profitability in the competitive technology distribution sector.

The low P/S multiple relative to broader industrial peers indicates that the market is pricing in significant execution risk rather than growth potential. This valuation suggests that the current revenue scale is viewed as fragile, with little confidence in the company's ability to convert top-line volume into meaningful shareholder value.

Margin Compression Hinders Earning Power

As reported in recent financial statements, FOXX's gross margin plummeted to -16.7% in 2026Q3, a stark contrast to historical peaks, which underscores the company's inability to maintain pricing power in the low-margin budget-tier telecommunications hardware distribution market.

The persistent negative operating margins suggest that the company's cost structure is fundamentally misaligned with its revenue generation capabilities. Investors should monitor whether the recent margin volatility is a temporary byproduct of scaling or a structural failure to manage procurement costs effectively.

Working Capital Volatility Masks Inefficiency

According to quarterly filings, FOXX's cash conversion cycle reached -142 days in 2026Q3, a figure that appears heavily influenced by erratic inventory turnover and extended payment terms, suggesting that the company's liquidity is precariously tied to the timing of carrier-specific contract settlements.

The extreme swings in the CCC indicate that the company lacks a stable operational rhythm, relying on aggressive working capital management to bridge funding gaps. This volatility warrants further investigation into whether these metrics are sustainable or if they represent a temporary deferral of cash outflows.

Thin Liquidity Buffer Increases Risk

Based on 2026Q3 financial data, FOXX maintains a current ratio of 0.38, which, when compared to the company's historical liquidity profile, suggests a critically thin buffer that leaves little room for error in meeting short-term obligations without external capital infusions.

The reliance on a low quick ratio of 0.20 indicates that the company's ability to satisfy immediate liabilities is heavily dependent on inventory liquidation, which is inherently risky in the fast-moving consumer electronics space. This liquidity position appears vulnerable to any disruption in carrier payment cycles.

Revenue Multiples Obscure Structural Risks

While market participants often utilize P/S multiples to gauge growth, this metric is fundamentally misapplied to FOXX, as it ignores the company's structural inability to generate positive gross margins, thereby masking the underlying solvency risks inherent in its high-volume, low-margin business model.

Investors should prioritize cash burn and operating margin trends over revenue-based valuation, as the latter fails to account for the high cost of carrier integration and hardware procurement. A focus on the company's ability to achieve positive free cash flow would provide a more accurate assessment of its long-term viability.

Download Financial Ratios Data

Includes 30+ ratios · 4 years · Updated daily

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FOXX — Frequently Asked Questions

Quick answers to the most common questions about buying FOXX stock.

What is Foxx Development Holdings Inc.'s P/E ratio?

Foxx Development Holdings Inc.'s current P/E ratio is -2.0x. This places it at the 50th percentile of its historical range.

Is FOXX stock overvalued?

Based on historical data, Foxx Development Holdings Inc. is trading at a P/E of -2.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What are Foxx Development Holdings Inc.'s profit margins?

Foxx Development Holdings Inc. has 7.2% gross margin and -14.7% operating margin.