Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE 3.2%. (2021–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $104M | — | — | — | — | — |
| Enterprise Value | $102M | — | — | — | — | — |
| P/E Ratio → | — | — | — | — | — | — |
| P/S Ratio | 3.11 | — | — | — | — | — |
| P/B Ratio | 4.13 | 5.78 | — | — | — | — |
| P/FCF | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 17.7% | 17.7% | 25.4% | 21.2% | 20.6% | 20.9% |
| Operating Margin | -2.8% | -2.8% | 1.0% | 7.5% | 7.7% | 7.1% |
| Net Profit Margin | 1.7% | 1.7% | -0.8% | 5.9% | 6.2% | 14.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 3.2% | 3.2% | -2.5% | 19.4% | 22.2% | 37.7% |
| ROA | 1.3% | 1.3% | -0.8% | 7.0% | 8.6% | 15.5% |
| ROIC | -5.7% | -5.7% | 4.6% | 26.3% | 26.7% | 20.1% |
| ROCE | -5.0% | -5.0% | 2.9% | 22.1% | 24.1% | 16.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.10 | 0.10 | 0.05 | 0.05 | 0.14 | 0.10 |
| Debt / EBITDA | — | — | 0.66 | 0.21 | 0.49 | 0.46 |
| Net Debt / Equity | — | -0.10 | -0.59 | -0.43 | -0.14 | -0.31 |
| Net Debt / EBITDA | — | — | -8.03 | -1.65 | -0.47 | -1.43 |
| Debt / FCF | — | — | -1.72 | -4.56 | — | -4.85 |
| Interest Coverage | 2.90 | 2.90 | 0.83 | 9.56 | 11.52 | 21.86 |
Net cash position: cash ($5M) exceeds total debt ($2M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 1.63 | 1.63 | 1.23 | 1.37 | 1.50 | 1.51 |
| Quick Ratio | 1.43 | 1.43 | 1.01 | 1.12 | 1.23 | 1.24 |
| Cash Ratio | 0.42 | 0.42 | 0.37 | 0.28 | 0.18 | 0.32 |
| Asset Turnover | — | 0.68 | 1.14 | 1.10 | 1.26 | 1.07 |
| Inventory Turnover | 5.56 | 5.56 | 5.76 | 5.51 | 6.47 | 5.78 |
| Days Sales Outstanding | — | 260.06 | 124.12 | 160.81 | 164.73 | 163.22 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | 20.8% | — | 6.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $0 | $23M | $23M | $23M | $23M |
Operational margin and liquidity
Based on reported figures, LUD trades at a price-to-book ratio of 4.34, which appears significantly elevated compared to the peer group average, suggesting that the market may be mispricing the company's underlying asset value relative to its current negative operating performance and 25.25% revenue contraction.
The absence of meaningful P/E or EV/EBITDA multiples indicates that the market may be struggling to value LUD as a going concern given its operational losses. Investors should monitor whether the premium P/B valuation is supported by tangible asset quality or if it reflects an illiquidity discount common in micro-cap industrial stocks.
According to recent financial statements, LUD's net margin of 1.66% masks a negative operating margin of -2.84%, indicating that the company's core manufacturing and trading activities are currently failing to generate sustainable profit without the support of non-operating income or government subsidies.
The 17.65% gross margin highlights the commodity-sensitive nature of the business, where LUD lacks the pricing power to absorb input cost volatility. This disconnect between operating and net profitability suggests that the firm's true earning power is currently strained and highly dependent on non-recurring financial items.
As reported in financial filings, LUD maintains a debt-to-equity ratio of 0.10%, which provides a significant buffer against insolvency despite the company's recent 25.25% year-over-year revenue decline and the ongoing challenges in maintaining positive operating margins within the competitive steel component sector.
The minimal reliance on debt suggests that management is prioritizing balance sheet integrity over aggressive growth, which is a prudent stance given the current cyclical downturn. However, this low leverage also implies that the company may lack the financial flexibility to fund large-scale operational pivots or strategic acquisitions.
Based on an analysis of LUD's financial structure, the net margin is the most commonly misapplied ratio, as it obscures the underlying operational losses by including non-operating income that may not be sustainable in future periods of industrial demand volatility.
Analysts should prioritize the operating margin over the net margin to assess the true health of the manufacturing and trading segments. Relying on net income figures may lead to an overestimation of the company's core business viability, particularly when non-operating gains are driving the bottom line.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying LUD stock.
Luda Technology Group Limited's return on equity (ROE) is 3.2%. The historical average is 16.0%.
Based on historical data, Luda Technology Group Limited is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
Luda Technology Group Limited has 17.7% gross margin and -2.8% operating margin.