Latest Ratios: P/E Ratio 1.0x · EV/EBITDA N/A · ROE 10.5%. (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 | $1M | $18M | $19M | — | — | — |
| Enterprise Value | $52M | $68M | $80M | — | — | — |
| P/E Ratio → | 1.03 | 15.17 | — | — | — | — |
| P/S Ratio | 0.01 | 0.14 | 0.33 | — | — | — |
| P/B Ratio | 0.10 | 1.52 | 1.79 | — | — | — |
| P/FCF | 0.31 | 3.87 | — | — | — | — |
| P/OCF | 0.30 | 3.73 | — | — | — | — |
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 | — | 0.55 | 1.38 | — | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | 14.89 | — | — | — | — |
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 | 21.2% | 21.2% | 20.0% | 22.5% | 19.7% | 20.2% |
| Operating Margin | -1.0% | -1.0% | -4.7% | 0.2% | -2.0% | 1.3% |
| Net Profit Margin | 0.9% | 0.9% | -5.8% | 2.3% | -1.3% | 2.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 10.5% | 10.5% | -58.0% | 158.0% | — | — |
| ROA | 1.5% | 1.5% | -5.7% | 4.1% | -2.3% | 3.9% |
| ROIC | -1.4% | -1.4% | -4.2% | 0.3% | -3.2% | 2.2% |
| ROCE | -2.3% | -2.3% | -6.8% | 0.4% | -4.5% | 3.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 4.40 | 4.40 | 5.68 | 34.78 | — | — |
| Debt / EBITDA | — | — | — | 60.67 | — | 17.63 |
| Net Debt / Equity | — | 4.34 | 5.68 | 31.54 | — | — |
| Net Debt / EBITDA | — | — | — | 55.01 | — | 17.00 |
| Debt / FCF | — | 11.02 | — | 57.46 | 14.06 | 17.96 |
| Interest Coverage | -1.08 | -1.08 | -21.76 | — | — | 9.35 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.57 | 0.57 | 0.41 | 0.99 | 1.20 | 1.03 |
| Quick Ratio | 0.32 | 0.32 | 0.18 | 0.63 | 0.89 | 0.62 |
| Cash Ratio | 0.03 | 0.03 | 0.00 | 0.31 | 0.12 | 0.15 |
| Asset Turnover | — | 1.61 | 0.70 | 1.60 | 1.61 | 1.77 |
| Inventory Turnover | 17.01 | 17.01 | 6.82 | 14.42 | 14.52 | 16.91 |
| Days Sales Outstanding | — | 11.62 | 3.81 | 7.84 | 42.08 | 19.74 |
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 | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | 96.7% | 6.6% | — | — | — | — |
| FCF Yield | 100.0% | 25.8% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $2M | $2M | $2M | $2M | $2M |
Liquidity and solvency constraints
According to current market data, MSS trades at a P/S ratio of 0.01, which, based on reported figures, appears to reflect extreme investor skepticism regarding the company's ability to convert its rapid revenue expansion into sustainable earnings or positive free cash flow in the near term.
The lack of a meaningful P/E ratio and the depressed P/B of 0.10 suggest that the market is pricing the equity as a distressed asset rather than a growth-stage retailer. Investors should monitor whether this valuation floor holds as the company continues to burn cash to fund its aggressive footprint expansion.
As reported in financial statements, the company's ROIC has trended into negative territory, reaching -3.8% in 2026Q3, which indicates that Maison Solutions is currently destroying shareholder value rather than compounding it through its recent capital-intensive acquisition and store-opening strategy.
The persistent negative returns on capital suggest that the cost of funding the company's expansion significantly exceeds the returns generated by the underlying store units. This trend warrants further investigation into whether the current management strategy can ever achieve the necessary scale to reach a positive return threshold.
Based on the provided quarterly data, the cash conversion cycle has shown significant volatility, oscillating between -1 and 19 days, which suggests that Maison Solutions lacks the consistent working capital efficiency required to manage its inventory of perishable goods effectively in a competitive retail environment.
The reliance on rapid inventory turnover to mitigate spoilage is undermined by these fluctuations, which may indicate inconsistent supplier leverage or payment timing issues. Investors should monitor the DSO and DPO trends to determine if the company is forced to accelerate payments to maintain its ethnocentric supply chain.
As indicated by recent filings, the debt-to-equity ratio has climbed to 6.28, a level that appears increasingly precarious given the company's negative interest coverage of -3.92, suggesting that the current capital structure is highly vulnerable to interest rate volatility and potential refinancing risks.
The high leverage ratio relative to the company's thin operating margins implies that debt service is becoming a primary drain on liquidity. This situation warrants caution, as the company's ability to meet its obligations appears heavily dependent on external financing rather than internal cash generation.
The P/S ratio is frequently misapplied to Maison Solutions, as it obscures the company's inability to generate positive operating margins, potentially misleading investors into viewing the firm as a high-growth retail play rather than a business struggling with fundamental unit-level profitability and liquidity constraints.
Instead of relying on revenue multiples, analysts should focus on store-level contribution margins and cash burn rates to assess the viability of the business model. The current focus on top-line growth ignores the reality that scale without profitability is merely accelerating the depletion of the company's limited cash reserves.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying MSS stock.
Maison Solutions Inc. Class A Common Stock's current P/E ratio is 1.0x. The historical average is 15.2x.
Maison Solutions Inc. Class A Common Stock's return on equity (ROE) is 10.5%. The historical average is 36.8%.
Based on historical data, Maison Solutions Inc. Class A Common Stock is trading at a P/E of 1.0x. Compare with industry peers and growth rates for a complete picture.
Maison Solutions Inc. Class A Common Stock has 21.2% gross margin and -1.0% operating margin.