7 years of historical data (2018–2024) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Kingsoft Cloud Holdings Limited currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Market Cap | $49.7B | $2.6B | $901M | $930M | $3.6B | $7.0B | — | — |
| Enterprise Value | $50.1B | $5.1B | $368M | $-1139156490 | $1.0B | $4.2B | — | — |
| P/E Ratio → | -11.42 | — | — | — | — | — | — | — |
| P/S Ratio | 43.80 | 0.33 | 0.13 | 0.11 | 0.41 | 1.13 | — | — |
| P/B Ratio | 4.12 | 0.47 | 0.12 | 0.10 | 0.32 | 0.85 | — | — |
| P/FCF | — | — | — | — | — | — | — | — |
| P/OCF | 542.66 | 4.09 | — | 4.92 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.66 | 0.05 | -0.14 | 0.12 | 0.67 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Kingsoft Cloud Holdings Limited earns an operating margin of -22.3%. Operating margins have expanded from -27.5% to -22.3% over the past 3 years, signaling improving operational efficiency. A negative ROE of -30.8% indicates the company is currently destroying shareholder equity.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.2% | 17.2% | 12.1% | 3.2% | 3.1% | 5.2% | 0.1% | -9.3% |
| Operating Margin | -22.3% | -22.3% | -29.9% | -27.5% | -20.0% | -18.4% | -28.9% | -44.2% |
| Net Profit Margin | -25.3% | -25.3% | -30.9% | -32.5% | -17.5% | -14.6% | -28.1% | -45.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| ROE | -30.8% | -30.8% | -25.9% | -25.7% | -15.9% | -45.0% | — | — |
| ROA | -12.0% | -12.0% | -13.4% | -14.1% | -9.5% | -10.1% | -18.6% | -17.8% |
| ROIC | -17.7% | -17.7% | -22.2% | -20.9% | -18.7% | -15.8% | — | — |
| ROCE | -20.9% | -20.9% | -22.3% | -18.9% | -16.2% | -18.9% | -28.4% | -23.0% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $2.5B ($5.2B total debt minus $2.6B cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.94 | 0.94 | 0.24 | 0.14 | 0.14 | 0.07 | — | — |
| Debt / EBITDA | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | 0.46 | -0.07 | -0.22 | -0.23 | -0.34 | — | — |
| Net Debt / EBITDA | — | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — |
| Interest Coverage | -7.46 | -7.46 | -14.44 | -16.34 | -34.83 | -127.71 | -232.19 | -25.23 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.75x is below 1.0, meaning current liabilities exceed current assets — though the company's $2.6B cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 1.36x to 0.75x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.75 | 0.75 | 0.89 | 1.36 | 1.65 | 2.75 | 1.71 | 3.29 |
| Quick Ratio | 0.75 | 0.75 | 0.89 | 1.36 | 1.65 | 2.75 | 1.71 | 3.29 |
| Cash Ratio | 0.30 | 0.30 | 0.33 | 0.70 | 0.89 | 1.77 | 0.93 | 2.59 |
| Asset Turnover | — | 0.44 | 0.47 | 0.48 | 0.42 | 0.52 | 0.65 | 0.39 |
| Inventory Turnover | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 123.28 | 129.92 | 144.53 | 185.46 | 149.09 | 136.84 | 123.72 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Kingsoft Cloud Holdings Limited does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 22.4% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 22.4% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $245M | $238M | $243M | $231M | $161M | $60M | $53M |
Compare KC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| KCYou | $50B | -11.4 | — | — | 17.2% | -22.3% | -30.8% | -17.7% | — |
| SNOW | $58B | -42.6 | — | 51.5 | 67.2% | -30.6% | -53.0% | -43.1% | — |
| ESTC | $5B | -50.1 | — | 21.0 | 74.4% | -3.7% | -13.0% | -5.2% | — |
| CALX | $3B | 199.1 | 85.6 | 29.7 | 56.8% | 2.1% | 2.2% | 2.1% | 0.7 |
| STRC | $3B | -16.5 | — | — | 72.1% | -399.8% | -11.4% | -9.3% | — |
| MSTR | $3B | -21.4 | — | — | 72.1% | -399.8% | -11.4% | -9.3% | — |
| IE | $3B | -21.8 | — | — | -1976.6% | -3422.2% | -30.1% | -28.1% | — |
| OS | $2B | -84.3 | — | 19.8 | 68.7% | -15.7% | -9.2% | — | — |
| AMPL | $216M | -10.9 | — | 7.7 | 74.0% | -28.0% | -32.7% | -47.8% | — |
| DOMO | $138M | -1.7 | — | — | 74.5% | -18.7% | — | — | — |
| DGNX | $133M | -9.6 | — | — | 100.0% | -406.9% | -114.4% | — | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 7 years · Updated daily
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Start ComparisonKingsoft Cloud Holdings Limited's current P/E ratio is -11.4x. This places it at the 50th percentile of its historical range.
Kingsoft Cloud Holdings Limited's return on equity (ROE) is -30.8%. The historical average is -28.7%.
Based on historical data, Kingsoft Cloud Holdings Limited is trading at a P/E of -11.4x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Kingsoft Cloud Holdings Limited has 17.2% gross margin and -22.3% operating margin.