6 years of historical data (2017–2022) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Santech Holdings Limited trades at 1.5x earnings, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 25.2x, the stock trades at a discount of 94%. On a free-cash-flow basis, the stock trades at 2.1x P/FCF.
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Market Cap | $1.1B | — | — | — | — | — | — |
| Enterprise Value | $374M | — | — | — | — | — | — |
| P/E Ratio → | 1.52 | — | — | — | — | — | — |
| P/S Ratio | 0.51 | — | — | — | — | — | — |
| P/B Ratio | 0.15 | — | — | — | — | — | — |
| P/FCF | 2.10 | — | — | — | — | — | — |
| P/OCF | 13.92 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Santech Holdings Limited's enterprise value stands at 1.5x EBITDA. The Technology sector median is 15.7x, placing the stock at a 91% discount on an enterprise-value basis.
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — | — |
| EV / EBITDA | 1.48 | — | — | — | — | — | — |
| EV / EBIT | 13.08 | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Santech Holdings Limited earns an operating margin of 9.4%. Operating margins have compressed from 15.4% to 9.4% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 10.7% is modest. ROIC of 28.6% represents excellent returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 41.2% | 41.2% | 45.7% | 45.3% | 44.8% | 45.5% | 51.2% |
| Operating Margin | 9.4% | 9.4% | 16.8% | 15.4% | 12.4% | 9.6% | 8.0% |
| Net Profit Margin | 5.7% | 5.7% | 12.1% | 11.3% | 8.3% | 5.4% | 3.7% |
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| ROE | 10.7% | 10.7% | 27.4% | 34.0% | 23.8% | 14.0% | 8.6% |
| ROA | 5.8% | 5.8% | 14.2% | 16.3% | 11.4% | 7.7% | 5.5% |
| ROIC | 28.6% | 28.6% | 64.7% | 62.7% | 30.9% | 19.1% | 14.4% |
| ROCE | 16.7% | 16.7% | 37.6% | 44.8% | 32.8% | 22.3% | 17.2% |
Solvency and debt-coverage ratios — lower is generally safer
Santech Holdings Limited carries a Debt/EBITDA ratio of 0.7x, which is very conservative (75% below the sector average of 3.0x). The company holds a net cash position — cash of $869M exceeds total debt of $184M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.15 | 0.15 | 0.00 | — | — | 0.02 | 0.01 |
| Debt / EBITDA | 0.73 | 0.73 | 0.01 | — | — | 0.05 | 0.03 |
| Net Debt / Equity | — | -0.55 | -0.52 | -0.61 | -0.22 | -0.03 | -0.02 |
| Net Debt / EBITDA | -2.72 | -2.72 | -1.47 | -1.43 | -0.58 | -0.07 | -0.06 |
| Debt / FCF | — | -1.36 | — | -1.38 | -0.90 | -0.09 | -0.04 |
| Interest Coverage | — | — | — | — | — | — | — |
Net cash position: cash ($869M) exceeds total debt ($184M)
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.46x means Santech Holdings Limited can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.86x to 1.46x over the past 3 years.
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.46 | 1.46 | 1.72 | 1.86 | 1.90 | 1.96 | 3.03 |
| Quick Ratio | 1.46 | 1.46 | 1.49 | 1.47 | 1.66 | 1.96 | 3.03 |
| Cash Ratio | 0.89 | 0.89 | 0.67 | 0.55 | 0.22 | 0.04 | 0.05 |
| Asset Turnover | — | 0.88 | 1.09 | 1.20 | 1.25 | 1.37 | 1.51 |
| Inventory Turnover | 5.95 | — | 5.95 | 3.26 | 5.82 | — | — |
| Days Sales Outstanding | — | 78.28 | 118.49 | 143.29 | 206.09 | 190.89 | 185.89 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Santech Holdings Limited does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 65.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | 65.9% | — | — | — | — | — | — |
| FCF Yield | 47.6% | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — | — |
| Shares Outstanding | — | $14M | $14M | $13M | $14M | $14M | $14M |
Compare STEC 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 |
|---|---|---|---|---|---|---|---|---|---|
| STECYou | $1B | 1.5 | 1.5 | 2.1 | 41.2% | 9.4% | 10.7% | 28.6% | 0.7 |
| SHOP | $157B | 128.4 | 104.1 | 78.4 | 48.1% | 12.7% | 9.8% | 9.4% | 0.1 |
| GRAB | $17B | 66.2 | 40.6 | 125.0 | 43.2% | 6.0% | 4.1% | 3.3% | 5.4 |
| MANH | $8B | 37.6 | 27.3 | 21.7 | 55.7% | 26.1% | 71.7% | 236.8% | 0.4 |
| STUB | $3B | -63.8 | 27.1 | 12.0 | 81.1% | 7.8% | -0.2% | 3.6% | 14.3 |
| PTRN | $2B | -8.6 | 14.5 | 32.6 | 43.5% | 4.9% | 19.6% | 29.8% | 0.3 |
| VTEX | $333M | 55.0 | 22.0 | 13.2 | 73.8% | 4.5% | 4.8% | 3.3% | 0.2 |
| CMRC | $226M | -11.6 | — | 12.0 | 78.7% | -4.7% | -53.2% | -7.5% | — |
| AZ | $219M | -6.5 | — | — | 27.7% | -204.2% | -749.5% | — | — |
| TRAK | $158M | 24.9 | 17.4 | 18.9 | 83.7% | 27.5% | 14.5% | 21.4% | 0.1 |
| EB | $69M | -26.0 | — | 2.0 | 69.7% | -9.5% | -8.6% | -76.5% | — |
| Technology Median | — | 25.2 | 15.7 | 17.3 | 49.8% | -0.9% | 1.1% | 2.9% | 3.0 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 6 years · Updated daily
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Start ComparisonSantech Holdings Limited's current P/E ratio is 1.5x. This places it at the 50th percentile of its historical range.
Santech Holdings Limited's current EV/EBITDA is 1.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Santech Holdings Limited's return on equity (ROE) is 10.7%. The historical average is 19.8%.
Based on historical data, Santech Holdings Limited is trading at a P/E of 1.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Santech Holdings Limited has 41.2% gross margin and 9.4% operating margin.
Santech Holdings Limited's Debt/EBITDA ratio is 0.7x, indicating low leverage. A ratio below 2x is generally considered financially healthy.