Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE -80.8%. (2022–2023 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2023 | FY 2022 |
|---|---|---|---|
| Market Cap | $4M | — | — |
| Enterprise Value | $3M | — | — |
| P/E Ratio → | — | — | — |
| P/S Ratio | 2.64 | — | — |
| P/B Ratio | — | — | — |
| 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 2023 | FY 2022 |
|---|---|---|---|
| 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 2023 | FY 2022 |
|---|---|---|---|
| Gross Margin | 47.7% | 47.7% | 17.6% |
| Operating Margin | -132.9% | -132.9% | -313.8% |
| Net Profit Margin | -125.3% | -125.3% | -256.3% |
| Metric | TTM | FY 2023 | FY 2022 |
|---|---|---|---|
| ROE | -80.8% | -80.8% | — |
| ROA | -71.9% | -71.9% | -120.6% |
| ROIC | — | — | — |
| ROCE | -646.7% | -646.7% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2023 | FY 2022 |
|---|---|---|---|
| Debt / Equity | 0.27 | 0.27 | — |
| Debt / EBITDA | — | — | — |
| Net Debt / Equity | — | -0.52 | — |
| Net Debt / EBITDA | — | — | — |
| Debt / FCF | — | — | — |
| Interest Coverage | -57.49 | -57.49 | -81.47 |
Net cash position: cash ($2M) exceeds total debt ($792580)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2023 | FY 2022 |
|---|---|---|---|
| Current Ratio | 2.31 | 2.31 | 0.24 |
| Quick Ratio | 2.22 | 2.22 | 0.20 |
| Cash Ratio | 1.13 | 1.13 | 0.01 |
| Asset Turnover | — | 0.36 | 0.47 |
| Inventory Turnover | 5.25 | 5.25 | 3.54 |
| Days Sales Outstanding | — | 376.78 | 318.02 |
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 2023 | FY 2022 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
| Metric | TTM | FY 2023 | FY 2022 |
|---|---|---|---|
| Earnings Yield | — | — | — |
| FCF Yield | — | — | — |
| Buyback Yield | 57.7% | — | — |
| Total Shareholder Yield | 57.7% | — | — |
| Shares Outstanding | — | $0 | $3M |
Insufficient liquidity for scale
Based on a price-to-sales ratio of 2.84, the market appears to be pricing POAS for its rapid 189% revenue expansion rather than its current earnings, which remain deeply negative according to the latest financial data provided in the company's recent performance disclosures.
The current valuation multiple suggests that investors are assigning significant optionality to the company's proprietary microsphere technology. However, this premium appears precarious given the lack of positive earnings, implying that any deceleration in top-line growth could lead to a sharp downward re-rating of the stock.
As reported in financial statements, the company maintains a 47.68% gross margin, which highlights the premium nature of its optical hardware, yet this profitability is currently overwhelmed by an operating margin of -132.95% due to high fixed costs and research expenditures.
The disparity between gross and operating margins indicates that the business has not yet achieved the necessary scale to absorb its R&D and administrative overhead. Investors should monitor whether the company can improve its operating leverage as revenue grows, or if the cost structure is inherently too heavy for its current market size.
According to recent financial intelligence, the company's $2.3 million cash position provides a limited buffer against its high operating burn rate, suggesting that liquidity may become a critical constraint within the next 12 to 18 months if revenue growth does not translate into positive cash flow.
The current liquidity position appears vulnerable, as the company lacks the scale to self-fund its operations. This suggests that the firm may be forced to seek dilutive equity financing in the near term, which could significantly impact shareholder value if the capital markets remain unreceptive to high-burn hardware companies.
The market's reliance on revenue growth as the primary indicator of success for POAS obscures the underlying risk of its negative operating margins, which suggests that the company is currently trading shareholder capital for top-line expansion rather than building a sustainable, profitable business model.
Investors should prioritize the 'Lab-to-Fab' conversion rate and unit-level profitability over headline revenue growth. Focusing on revenue alone ignores the reality that each incremental dollar of sales currently costs more than two dollars to generate, which is unsustainable without a fundamental shift in the cost structure.
Includes 30+ ratios · 2 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 POAS stock.
Phaos Technology Holdings (Cayman) Limited's return on equity (ROE) is -80.8%. The historical average is -80.8%.
Based on historical data, Phaos Technology Holdings (Cayman) Limited is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
Phaos Technology Holdings (Cayman) Limited has 47.7% gross margin and -132.9% operating margin.