Raytech Holding Limited Ordinary Shares (RAY) Financial Ratios
5 years of historical data (2021–2025) · Consumer Defensive · Household & Personal Products
EV/EBITDA
47.82
↓-19% vs avg
5yr avg: 58.97
30Y Low59.0·High59.0
P/FCF
72.48
↓-16% vs avg
5yr avg: 86.19
30Y Low86.2·High86.2
P/B Ratio
5.72
↓-18% vs avg
5yr avg: 6.97
30Y Low7.0·High7.0
ROE
↓
15.3%
↑-88% vs avg
5yr avg: 128.5%
30Y Low15%·High274%
Debt/EBITDA
↓
N/A
—
5yr avg: 0.01
30Y Low0.0·High0.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
RAY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Raytech Holding Limited Ordinary Shares trades at 53.3x earnings, 18% below its 5-year average of 65.0x, sitting at the 0th percentile of its historical range. Compared to the Consumer Defensive sector median P/E of 19.4x, the stock trades at a premium of 175%. On a free-cash-flow basis, the stock trades at 72.5x P/FCF, 16% below the 5-year average of 86.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $58M | $536M | — | — | — | — |
| Enterprise Value | $47M | $451M | — | — | — | — |
| P/E Ratio → | 53.33 | 65.00 | — | — | — | — |
| P/S Ratio | 5.73 | 6.81 | — | — | — | — |
| P/B Ratio | 5.72 | 6.97 | — | — | — | — |
| P/FCF | 72.48 | 86.19 | — | — | — | — |
| P/OCF | 72.48 | 86.19 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
RAY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Raytech Holding Limited Ordinary Shares's enterprise value stands at 47.8x EBITDA, 19% below its 5-year average of 59.0x. The Consumer Defensive sector median is 11.3x, placing the stock at a 322% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.73 | — | — | — | — |
| EV / EBITDA | 47.82 | 58.97 | — | — | — | — |
| EV / EBIT | 47.85 | 42.88 | — | — | — | — |
| EV / FCF | — | 72.55 | — | — | — | — |
RAY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Raytech Holding Limited Ordinary Shares earns an operating margin of 9.7%, above the Consumer Defensive sector average of 1.1%. Operating margins have compressed from 15.8% to 9.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 15.3% indicates solid capital efficiency, compared to the sector median of 6.8%.
Margins
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 | 22.6% | 22.6% | 22.3% | 3.2% | 3.4% | 24.8% |
| Operating Margin | 9.7% | 9.7% | 17.0% | 15.8% | 23.8% | 21.1% |
| Net Profit Margin | 10.5% | 10.5% | 14.8% | 13.8% | 20.9% | 17.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 15.3% | 15.3% | 58.9% | 274.3% | 213.1% | 80.8% |
| ROA | 10.8% | 10.8% | 31.9% | 183.0% | 130.3% | 47.6% |
| ROIC | — | — | — | — | — | 142.1% |
| ROCE | 14.2% | 14.2% | 97.2% | — | 582.5% | 96.5% |
RAY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $85M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.03 | 0.10 | — |
| Debt / EBITDA | — | — | — | 0.01 | 0.02 | — |
| Net Debt / Equity | — | -1.10 | -1.15 | -7.90 | -6.38 | -0.49 |
| Net Debt / EBITDA | -11.09 | -11.09 | -3.16 | -2.95 | -1.13 | -0.51 |
| Debt / FCF | — | -13.64 | -2.28 | -15.21 | -11.46 | -0.51 |
| Interest Coverage | — | — | 5601.33 | 1006.05 | 6398.83 | — |
Net cash position: cash ($85M) exceeds total debt ($0)
RAY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Raytech Holding Limited Ordinary Shares's current ratio of 5.29x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 2.50x to 5.29x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 5.29 | 5.29 | 1.95 | 2.50 | 3.47 | 2.43 |
| Quick Ratio | 5.19 | 5.19 | 1.89 | 2.50 | 3.47 | 2.02 |
| Cash Ratio | 4.73 | 4.73 | 1.33 | 1.79 | 2.07 | 0.70 |
| Asset Turnover | — | 0.83 | 1.15 | 10.81 | 16.92 | 2.69 |
| Inventory Turnover | 32.42 | 32.42 | 28.06 | — | — | 12.30 |
| Days Sales Outstanding | — | 37.75 | 82.28 | 66.50 | 47.16 | 20.24 |
RAY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Raytech Holding Limited Ordinary Shares does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 1.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
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 | — | — | — | — | 16.5% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | 1.9% | 1.5% | — | — | — | — |
| FCF Yield | 1.4% | 1.2% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $17M | $16M | $18M | $18M | $18M |
Peer Comparison
Compare RAY 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 |
|---|---|---|---|---|---|---|---|---|---|
 RAYYou | $58M | 53.3 | 47.8 | 72.5 | 22.6% | 9.7% | 15.3% | — | — |
 CODA | $134M | 32.2 | 17.9 | 22.2 | 66.5% | 17.1% | 7.4% | 11.2% | 0.1 |
 CLFD | $519M | -64.6 | 61.5 | 21.0 | 33.7% | 1.4% | -3.0% | 0.6% | 1.1 |
 ITRN | $1B | 20.2 | 13.3 | 20.7 | 49.7% | 21.4% | 27.9% | 47.2% | 0.0 |
 VIAV | $12B | 340.3 | 90.4 | 190.5 | 56.8% | 6.5% | 4.8% | 5.5% | 5.2 |
 LITE | $64B | 2412.9 | 859.4 | — | 28.0% | -10.9% | 2.5% | -4.3% | 34.0 |
 AAOI | $12B | -246.2 | — | — | 30.0% | -12.0% | -7.9% | -7.9% | — |
 COHR | $51B | -613.8 | 48.6 | 262.6 | 35.4% | 9.4% | 0.6% | 3.6% | 3.5 |
 NPKI | $1B | 36.8 | 18.5 | 49.6 | 35.6% | 16.9% | 10.6% | 9.9% | 0.5 |
 MTSI | $26B | -471.9 | 136.1 | 134.0 | 54.9% | 13.4% | -4.4% | 6.0% | 2.8 |
 IPGP | $4B | 139.2 | 48.9 | — | 38.0% | 1.3% | 1.5% | 0.6% | — |
| Consumer Defensive Median | — | 19.4 | 11.3 | 15.0 | 40.1% | 1.1% | 6.8% | 5.5% | 3.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 5 years · Updated daily
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Start ComparisonRAY — Frequently Asked Questions
Quick answers to the most common questions about buying RAY stock.
What is Raytech Holding Limited Ordinary Shares's P/E ratio?
Raytech Holding Limited Ordinary Shares's current P/E ratio is 53.3x. The historical average is 65.0x.
What is Raytech Holding Limited Ordinary Shares's EV/EBITDA?
Raytech Holding Limited Ordinary Shares's current EV/EBITDA is 47.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 59.0x.
What is Raytech Holding Limited Ordinary Shares's ROE?
Raytech Holding Limited Ordinary Shares's return on equity (ROE) is 15.3%. The historical average is 128.5%.
Is RAY stock overvalued?
Based on historical data, Raytech Holding Limited Ordinary Shares is trading at a P/E of 53.3x. Compare with industry peers and growth rates for a complete picture.
What are Raytech Holding Limited Ordinary Shares's profit margins?
Raytech Holding Limited Ordinary Shares has 22.6% gross margin and 9.7% operating margin.