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SOGPSound Group Inc.
$11.25$58M
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  4. Financial Ratios

Sound Group Inc. (SOGP) Financial Ratios

Latest Ratios: P/E Ratio -5.5x · EV/EBITDA N/A · ROE -27.6%. (2017–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SOGP Valuation Multiples

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Market Cap$58M$11M$15M$33M$92M$171M———
Enterprise Value$-4374443$-410865220$-465895700$-435144100$-341547500$-100314200———
P/E Ratio →-5.46——0.39—————
P/S Ratio0.190.010.010.010.040.11———
P/B Ratio1.830.050.050.080.361.01———
P/FCF———0.26—10.08———
P/OCF———0.24—4.28———

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

SOGP EV Ratios

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
EV / Revenue—-0.20-0.22-0.20-0.16-0.07———
EV / EBITDA———-4.33—————
EV / EBIT———-4.88—————
EV / FCF———-3.50—-5.90———

SOGP 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 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Gross Margin27.4%27.4%28.3%32.8%29.1%24.5%22.9%29.2%27.1%
Operating Margin-4.4%-4.4%-7.1%3.0%-6.5%-5.9%-11.2%-1.0%-32.6%
Net Profit Margin-3.4%-3.4%-6.1%4.0%-6.0%-5.5%-11.3%-1.2%-33.9%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
ROE-27.6%-27.6%-37.1%26.7%-60.0%-48.6%———
ROA-12.8%-12.8%-18.9%12.2%-23.0%-27.2%-70.5%-3.9%-63.4%
ROIC—————————
ROCE-35.0%-35.0%-42.3%19.6%-61.3%-143.3%-900.5%-9.9%-168.9%

SOGP Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Debt / Equity0.090.090.050.260.390.26———
Debt / EBITDA———1.00—————
Net Debt / Equity—-1.97-1.66-1.19-1.70-1.61———
Net Debt / EBITDA———-4.66———-147.92—
Debt / FCF———-3.76—-15.99———
Interest Coverage-215.63-215.63-94.4826.94-47.70-49.38——-73.65

Net cash position: cash ($442M) exceeds total debt ($20M)

SOGP Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Current Ratio1.621.621.961.951.581.450.541.401.49
Quick Ratio1.621.621.961.951.581.450.541.401.49
Cash Ratio1.461.461.821.831.461.350.431.321.33
Asset Turnover—3.903.662.813.303.248.393.371.87
Inventory Turnover—————————
Days Sales Outstanding—2.022.271.382.592.711.993.1611.74

SOGP 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 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Dividend Yield—————————
Payout Ratio—————————

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Earnings Yield———254.0%—————
FCF Yield———380.3%—9.9%———
Buyback Yield2.6%91.5%0.0%0.0%0.0%0.0%———
Total Shareholder Yield2.6%91.5%0.0%0.0%0.0%0.0%———
Shares Outstanding—$5M$5M$5M$5M$4M$5M$4M$4M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Revenue saturation and competition

Deep Discount Reflects Growth Uncertainty

Based on current market data, SOGP trades at a price-to-sales multiple of 0.19, which suggests that investors are heavily discounting the firm's future revenue potential following the reported 1.93% year-over-year contraction in top-line performance and the persistent challenges in achieving scalable profitability within the audio-social sector.

The forward P/E of 0.42 appears to imply an expectation of significant earnings recovery, yet this valuation is likely constrained by the company's inability to demonstrate a clear path to positive net margins. Investors should monitor whether this low multiple represents a value opportunity or a structural trap given the ongoing shift in user engagement toward short-video platforms.

Variable Costs Impede Operating Leverage

As reported in recent financial statements, SOGP's gross margin of 27.41% highlights the structural burden of high revenue-sharing fees, which, when combined with an operating margin of -4.41%, indicates that the company's current business model struggles to generate sufficient scale to cover its fixed operating expenses.

The negative net margin of -3.42% suggests that the company's monetization efforts are currently insufficient to offset the costs of content acquisition and platform maintenance. This profitability profile warrants further investigation into whether the firm can optimize its take rate without alienating the creator base that drives its social gifting revenue.

Minimal Debt Supports Financial Flexibility

According to recent SEC filings, SOGP maintains a conservative capital structure with a debt-to-equity ratio of 0.09%, providing the firm with significant financial flexibility to navigate its current period of revenue contraction and strategic restructuring without the immediate pressure of servicing substantial interest-bearing debt obligations.

This low leverage position is a notable strength, as it insulates the company from rising interest rate environments that might otherwise exacerbate its negative net margin. However, the lack of debt does not mitigate the underlying operational risks associated with the company's reliance on discretionary virtual gifting revenue.

Misleading Reliance on Cash Position

While the company's reported $441.8 million cash position is often cited as a sign of stability, this metric may be a commonly misapplied indicator that obscures the underlying cash burn rate and the potential for capital to be trapped by regional regulatory constraints or operational requirements.

Analysts should prioritize the analysis of free cash flow over simple cash balances to better understand the sustainability of the firm's current trajectory. Relying solely on the balance sheet cash figure may lead to an overestimation of the company's runway if the core business continues to experience negative operating margins.

Download Financial Ratios Data

Includes 30+ ratios · 8 years · Updated daily

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SOGP — Frequently Asked Questions

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

What is Sound Group Inc.'s P/E ratio?

Sound Group Inc.'s current P/E ratio is -5.5x. The historical average is 0.4x.

What is Sound Group Inc.'s ROE?

Sound Group Inc.'s return on equity (ROE) is -27.6%. The historical average is -29.3%.

Is SOGP stock overvalued?

Based on historical data, Sound Group Inc. is trading at a P/E of -5.5x. Compare with industry peers and growth rates for a complete picture.

What are Sound Group Inc.'s profit margins?

Sound Group Inc. has 27.4% gross margin and -4.4% operating margin.