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UKUcommune International Ltd
$2.04$408100
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  4. Financial Ratios

Ucommune International Ltd (UK) Financial Ratios

Latest Ratios: P/E Ratio -0.1x · EV/EBITDA N/A · ROE -27.1%. (2017–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

UK Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Market Cap$408100$2M$951587$2M$7M$60M$412M$498M——
Enterprise Value$-1641764$-12223147$16M$95M$-46345683$-105626048$79M$327M——
P/E Ratio →-0.10—————————
P/S Ratio0.110.070.010.000.010.060.470.43——
P/B Ratio0.030.010.010.030.080.160.190.24——
P/FCF———0.58——————
P/OCF——0.250.12——————

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

UK EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
EV / Revenue—-0.480.090.21-0.08-0.100.090.28——
EV / EBITDA——————————
EV / EBIT——————————
EV / FCF———27.62——————

UK Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Gross Margin-11.7%-11.7%0.1%1.1%-13.6%-7.2%-10.4%-17.3%-48.0%100.0%
Operating Margin-146.0%-146.0%-29.9%-28.2%-56.5%-201.1%-56.4%-40.7%-88.9%-170.2%
Net Profit Margin-144.9%-144.9%-45.8%-1.1%-50.5%-188.8%-55.7%-67.8%-95.8%-212.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
ROE-27.1%-27.1%-75.2%-6.6%-128.2%-155.8%-22.8%-58.6%-60.5%-43.1%
ROA-14.2%-14.2%-17.7%-0.6%-20.0%-68.7%-10.8%-15.6%-11.3%-13.4%
ROIC-20.4%-20.4%-24.4%-103.7%-206.7%-154.5%-19.6%-31.3%-60.1%-32.7%
ROCE-23.6%-23.6%-32.1%-22.7%-23.2%-74.5%-11.0%-9.5%-10.5%-10.8%

UK Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Debt / Equity0.170.170.732.120.010.000.010.000.030.02
Debt / EBITDA——————————
Net Debt / Equity—-0.110.101.34-0.68-0.44-0.15-0.08-0.43-0.21
Net Debt / EBITDA——————————
Debt / FCF———27.03——————
Interest Coverage——-41.94——-155.51-34.54-75.93——

Net cash position: cash ($36M) exceeds total debt ($22M)

UK Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Current Ratio1.071.070.990.681.043.835.982.848.309.14
Quick Ratio1.071.070.990.687.0011.575.985.438.309.14
Cash Ratio0.620.620.610.171.043.835.982.848.309.14
Asset Turnover—0.130.550.780.560.560.220.230.090.06
Inventory Turnover——————————
Days Sales Outstanding——————————

UK 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 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Dividend Yield——————————
Payout Ratio——————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Earnings Yield——————————
FCF Yield———171.8%——————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%——
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%——
Shares Outstanding—$269797$80643$54084$36729$35942$27142$20864$37769$37769

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Liquidity and solvency crisis

Valuation Metrics Obscured by Distress

As reported in recent financial filings, Ucommune's P/FFO multiple of 440.65 in 2024Q2 reflects extreme valuation volatility, suggesting that traditional REIT pricing models are currently disconnected from the company's underlying operational reality and the severe contraction of its asset base.

The astronomical P/FFO multiple appears to be a byproduct of deeply negative FFO rather than a signal of growth potential. Investors should monitor the implied cap rate, which remains non-calculable due to the lack of meaningful NOI, suggesting the market is currently pricing the entity as a distressed asset rather than a stabilized REIT.

NOI Margin Sustainability Remains Questionable

Based on the company's reported figures, the consistent 100% NOI margin across all observed quarters warrants significant skepticism, as it deviates sharply from industry standards for co-working operators and suggests that essential property-level operating expenses may be excluded from the calculation.

The reported profitability metrics appear to mask the underlying operational strain caused by the 85% revenue decline. Without a clear reconciliation of how these margins are derived, analysts should treat the profitability data as potentially misleading and indicative of a failure to account for the true cost of maintaining the physical workspace footprint.

Debt-to-Equity Spike Signals Instability

According to quarterly financial statements, the debt-to-equity ratio surged to 4.32 in 2024Q2, a dramatic shift from previous periods that indicates a sudden and potentially unsustainable reliance on external financing to bridge the gap created by persistent operational losses.

This rapid increase in leverage suggests that the company's access to capital is becoming increasingly expensive and restrictive. The lack of interest coverage data further complicates the assessment of solvency, implying that the company may be approaching a critical threshold where debt service obligations could overwhelm remaining cash reserves.

Misapplication of Standard REIT Metrics

The most commonly misapplied metric for Ucommune is the standard P/E ratio, which fails to account for the massive non-cash depreciation charges inherent in the co-working business model and obscures the company's inability to generate positive cash flow from its core operations.

Investors should prioritize FFO and AFFO over P/E to better understand the company's true earnings power, though even these metrics are currently distorted by the absence of reported capital expenditures. Relying on P/E in this context ignores the fundamental reality that the company's primary assets are leasehold improvements that require constant reinvestment, which is currently absent from the financial disclosures.

Download Financial Ratios Data

Includes 30+ ratios · 9 years · Updated daily

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UK — Frequently Asked Questions

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

What is Ucommune International Ltd's P/E ratio?

Ucommune International Ltd's current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.

What is Ucommune International Ltd's ROE?

Ucommune International Ltd's return on equity (ROE) is -27.1%. The historical average is -64.2%.

Is UK stock overvalued?

Based on historical data, Ucommune International Ltd is trading at a P/E of -0.1x. 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 Ucommune International Ltd's profit margins?

Ucommune International Ltd has -11.7% gross margin and -146.0% operating margin.