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OWLSOBOOK Holdings Inc.
$5.65$463M
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  4. Financial Ratios

OBOOK Holdings Inc. (OWLS) Financial Ratios

Latest Ratios: P/E Ratio -40.4x · EV/EBITDA N/A · ROE N/A. (2022–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

OWLS Valuation Multiples

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

MetricTTMFY 2024FY 2023FY 2022
Market Cap$463M———
Enterprise Value$464M———
P/E Ratio →-40.36———
P/S Ratio61.12———
P/B Ratio————
P/FCF————
P/OCF————

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

OWLS EV Ratios

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

MetricTTMFY 2024FY 2023FY 2022
EV / Revenue————
EV / EBITDA————
EV / EBIT————
EV / FCF————

OWLS Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2024FY 2023FY 2022
Gross Margin13.3%13.3%19.8%7.6%
Operating Margin-117.8%-117.8%-105.9%-212.7%
Net Profit Margin-135.7%-135.7%-105.5%-240.1%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022
ROE————
ROA-52.2%-52.2%-62.8%-166.1%
ROIC————
ROCE-411.9%-411.9%——

OWLS Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022
Debt / Equity————
Debt / EBITDA————
Net Debt / Equity————
Net Debt / EBITDA————
Debt / FCF————
Interest Coverage-56.76-56.76-48.47-66.85

OWLS Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022
Current Ratio0.790.790.760.31
Quick Ratio0.790.790.760.31
Cash Ratio0.210.210.270.22
Asset Turnover—0.320.400.69
Inventory Turnover————
Days Sales Outstanding—17.9625.4262.99

OWLS 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 2024FY 2023FY 2022
Dividend Yield————
Payout Ratio————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022
Earnings Yield————
FCF Yield————
Buyback Yield0.0%———
Total Shareholder Yield0.0%———
Shares Outstanding—$74M$74M$74M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Insolvency and Dilution Risk

Disconnected Valuation Amidst Negative Earnings

Based on the latest financial data, OWLS trades at a P/S multiple of 61.44, a figure that appears significantly detached from the company's negative net margin of -177.1% and suggests that market participants are pricing in speculative growth rather than current fundamental performance.

The absence of a positive P/E or EV/EBITDA ratio underscores the company's current inability to generate meaningful earnings or cash flow. Investors should monitor whether this high revenue multiple is sustainable given the lack of a clear path to profitability in the near term.

Structural Margin Deficit Impairs Viability

As reported in the 2024Q4 financial statements, the company's gross margin of 11.0% is notably low for a technology-infrastructure firm, indicating that the underlying business model may be burdened by high fulfillment costs that prevent the realization of meaningful operating leverage.

The operating margin of -137.5% suggests that fixed costs, likely related to R&D and customer acquisition, are far outpacing the gross profit generated by the platform. This persistent margin deficit warrants further investigation into whether the current revenue mix can ever support a profitable cost structure.

Working Capital Inefficiency Strains Liquidity

According to recent quarterly filings, the company's DSO of 69 days indicates a significant delay in cash collection, which, when combined with a DPO of 350 days, suggests an aggressive reliance on supplier credit to manage its constrained working capital position.

This extreme gap between receivables and payables may indicate that the company is struggling to convert its transactional volume into actual cash. Such a reliance on extended payment terms to suppliers appears to be a defensive measure against the company's ongoing cash burn.

Precarious Liquidity Limits Operational Runway

Based on the 2024Q4 balance sheet, the current ratio of 0.79 indicates that the company's short-term obligations exceed its liquid assets, leaving the firm in a vulnerable position as it attempts to fund its ongoing operations with limited cash reserves.

The quick ratio of 0.79 confirms that the company lacks a sufficient buffer to meet its immediate liabilities without relying on external financing. This liquidity profile suggests that the company may face significant pressure to raise capital in the near future to avoid a potential default.

Misleading Reliance on Revenue Multiples

The most commonly misapplied metric for OWLS is the P/S ratio, which obscures the company's underlying lack of profitability and high cost of revenue, leading investors to potentially overestimate the value of its top-line growth in a low-margin, high-burn business model.

Instead of relying on revenue multiples, analysts should focus on the contribution margin per transaction and the sustainability of the company's cash burn. Using P/S in this context ignores the reality that the company's revenue growth may be coming at the expense of long-term value creation.

Download Financial Ratios Data

Includes 30+ ratios · 3 years · Updated daily

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OWLS — Frequently Asked Questions

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

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

OBOOK Holdings Inc.'s current P/E ratio is -40.4x. This places it at the 50th percentile of its historical range.

Is OWLS stock overvalued?

Based on historical data, OBOOK Holdings Inc. is trading at a P/E of -40.4x. 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 OBOOK Holdings Inc.'s profit margins?

OBOOK Holdings Inc. has 13.3% gross margin and -117.8% operating margin.