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GRANGrande Group Limited Class A Ordinary Shares
$1.27$25M
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Grande Group Limited Class A Ordinary Shares (GRAN) Financial Ratios

Latest Ratios: P/E Ratio 7.9x · EV/EBITDA 11.2x · ROE 96.3%. (2023–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

GRAN Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023
Market Cap$25M———
Enterprise Value$23M———
P/E Ratio →7.94———
P/S Ratio5.83———
P/B Ratio6.03———
P/FCF38.60———
P/OCF31.83———

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

GRAN EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023
EV / Revenue————
EV / EBITDA11.21———
EV / EBIT12.30———
EV / FCF————

GRAN 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 2023
Gross Margin76.5%76.5%66.5%60.0%
Operating Margin43.8%43.8%46.9%37.0%
Net Profit Margin37.3%37.3%39.7%33.0%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023
ROE96.3%96.3%502.4%—
ROA36.9%36.9%53.7%49.4%
ROIC74.3%74.3%110.3%81.6%
ROCE107.9%107.9%484.4%—

GRAN Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023
Debt / Equity0.080.080.25—
Debt / EBITDA0.080.080.141.12
Net Debt / Equity—-0.90-1.95—
Net Debt / EBITDA-0.91-0.91-1.06-1.18
Debt / FCF—-2.91-2.12-8.48
Interest Coverage————

Net cash position: cash ($2M) exceeds total debt ($160708)

GRAN Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023
Current Ratio1.361.361.280.80
Quick Ratio1.361.361.280.80
Cash Ratio0.800.801.030.62
Asset Turnover—0.931.101.49
Inventory Turnover————
Days Sales Outstanding————

GRAN 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 2023
Dividend Yield6.1%———
Payout Ratio47.5%47.5%——

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023
Earnings Yield12.6%———
FCF Yield2.6%———
Buyback Yield0.0%———
Total Shareholder Yield6.1%———
Shares Outstanding—$10M$10M$10M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetHealthy
Cash FlowDeteriorating
Top Statement Risk

Regulatory pipeline dependency

Valuation Disconnects From Operational Reality

Based on reported figures, GRAN trades at a P/E of 7.94 and a P/B of 6.03, which appears to ignore the recent 4.2% revenue decline and the shift toward negative net margins that suggest the current valuation may be overly optimistic given the firm's contracting pipeline.

The P/E multiple of 7.94 may be misleading as it likely relies on historical earnings that do not reflect the current, more challenging regulatory environment for HKEX sponsors. Investors should monitor whether the premium P/B ratio is justified by intangible assets or if it represents a mispricing of a business currently struggling to maintain its historical profitability.

Capital Efficiency Deteriorating Amidst Stagnation

According to recent financial statements, ROIC has collapsed from 116.0% in 2024Q4 to -6.6% in 2026Q2, indicating that the firm is no longer effectively compounding capital and is instead experiencing a rapid decay in returns as its advisory mandates dry up.

The sharp reversal in ROIC suggests that the firm's previous high-margin success was highly dependent on a specific volume of transactional activity that is currently absent. This trend warrants further investigation into whether the firm can pivot its business model to generate sustainable returns without the tailwinds of a robust IPO market.

Working Capital Cycles Signal Instability

As reported in financial data, the DSO has ballooned to 1460 days in 2026Q2, a massive increase from 32 days in 2025Q4, which suggests that the firm is facing significant difficulties in collecting fees from its clients in a timely manner.

This extreme extension in the collection cycle may indicate that clients are delaying payments or that the firm is forced to offer extended credit terms to secure mandates in a competitive, shrinking market. Such a deterioration in working capital efficiency is a major red flag for a service-based business that relies on cash flow to cover its fixed professional costs.

Defensive Liquidity Masks Operational Weakness

Based on the provided balance sheet, the current ratio of 4.69 in 2026Q2 appears strong, yet this liquidity buffer is largely a byproduct of a shrinking asset base and reduced operational activity rather than a sign of underlying financial strength or growth potential.

While the firm remains technically liquid, the lack of active revenue-generating projects suggests that this cash position may be slowly depleted by fixed overhead costs. Investors should monitor whether management intends to deploy this capital into new growth initiatives or if it will remain trapped in a stagnant, low-return environment.

Misapplied P/E Multiples Obscure Volatility

The P/E ratio is the most commonly misapplied metric for GRAN, as it fails to account for the lumpy, milestone-based nature of IPO sponsorship fees which can create artificial earnings spikes that do not reflect the firm's long-term, sustainable earning power.

Analysts should instead focus on the firm's pipeline of active A-1 filings and its compliance advisory book, which provide a more accurate picture of future revenue stability. Relying on P/E in a business model prone to sudden, project-driven earnings volatility often leads to an inaccurate assessment of the firm's true fundamental value.

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Includes 30+ ratios · 3 years · Updated daily

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GRAN — Frequently Asked Questions

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

What is Grande Group Limited Class A Ordinary Shares's P/E ratio?

Grande Group Limited Class A Ordinary Shares's current P/E ratio is 7.9x. This places it at the 50th percentile of its historical range.

What is Grande Group Limited Class A Ordinary Shares's EV/EBITDA?

Grande Group Limited Class A Ordinary Shares's current EV/EBITDA is 11.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.

What is Grande Group Limited Class A Ordinary Shares's ROE?

Grande Group Limited Class A Ordinary Shares's return on equity (ROE) is 96.3%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 96.3%.

Is GRAN stock overvalued?

Based on historical data, Grande Group Limited Class A Ordinary Shares is trading at a P/E of 7.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Grande Group Limited Class A Ordinary Shares's dividend yield?

Grande Group Limited Class A Ordinary Shares's current dividend yield is 6.06% with a payout ratio of 47.5%.

What are Grande Group Limited Class A Ordinary Shares's profit margins?

Grande Group Limited Class A Ordinary Shares has 76.5% gross margin and 43.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Grande Group Limited Class A Ordinary Shares have?

Grande Group Limited Class A Ordinary Shares's Debt/EBITDA ratio is 0.1x, indicating low leverage. A ratio below 2x is generally considered financially healthy.