Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE -127.3%. (2021–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $14M | — | — | — | — | — |
| Enterprise Value | $12M | — | — | — | — | — |
| P/E Ratio → | — | — | — | — | — | — |
| P/S Ratio | 1.93 | — | — | — | — | — |
| P/B Ratio | 3.00 | 2.44 | — | — | — | — |
| 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 31.9% | 31.9% | 40.4% | 34.5% | 43.1% | 19.6% |
| Operating Margin | -20.5% | -20.5% | 2.5% | 11.4% | 25.2% | -1.8% |
| Net Profit Margin | -64.4% | -64.4% | 2.4% | 8.6% | 19.7% | -0.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | -127.3% | -127.3% | 4.2% | 20.8% | 57.5% | -2.2% |
| ROA | -54.2% | -54.2% | 1.9% | 9.6% | 20.8% | -0.6% |
| ROIC | -45.9% | -45.9% | 3.9% | 22.5% | 67.5% | -10.6% |
| ROCE | -24.5% | -24.5% | 3.8% | 23.3% | 56.2% | -5.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.08 | 0.08 | 0.16 | 0.22 | 0.26 | 0.52 |
| Debt / EBITDA | — | — | 1.59 | 0.71 | 0.42 | 94.98 |
| Net Debt / Equity | — | -0.40 | -0.23 | -0.09 | -0.06 | -0.40 |
| Net Debt / EBITDA | — | — | -2.33 | -0.29 | -0.09 | -73.61 |
| Debt / FCF | — | — | -0.89 | -0.38 | — | -8.41 |
| Interest Coverage | -277.92 | -277.92 | 6.68 | 32.18 | 58.74 | -0.39 |
Net cash position: cash ($2M) exceeds total debt ($391466)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 2.51 | 2.51 | 1.52 | 1.64 | 1.56 | 1.13 |
| Quick Ratio | 2.23 | 2.23 | 1.25 | 1.46 | 1.11 | 0.96 |
| Cash Ratio | 1.12 | 1.12 | 0.33 | 0.32 | 0.32 | 0.41 |
| Asset Turnover | — | 0.65 | 0.74 | 1.07 | 1.03 | 1.26 |
| Inventory Turnover | 9.03 | 9.03 | 3.22 | 8.44 | 2.90 | 9.72 |
| Days Sales Outstanding | — | 76.75 | 143.47 | 138.60 | 114.78 | 85.41 |
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $0 | $5M | $5M | $5M | $5M |
Unsustainable operating loss structure
Based on reported figures, WFF trades at a price-to-sales multiple of 1.93, which appears elevated given the company's -64.42% net margin and the absence of established earnings, suggesting that market participants are pricing in significant future growth rather than current fundamental performance metrics.
The 1.93x P/S ratio implies that investors are willing to pay a premium for the company's 61.9% revenue growth, despite the lack of a clear path to profitability. This valuation warrants caution, as it assumes the company can successfully transition from its current project-based expansion phase to a sustainable, margin-accretive operational model.
As reported in recent financial statements, WFF maintains a 31.9% gross margin, which highlights the inherent value of its specialized chemical-resistant formulations, yet this is starkly contrasted by a -20.5% operating margin that suggests significant inefficiencies in managing fixed administrative overhead and manufacturing capacity.
The spread between gross and operating margins indicates that the company's earning power is currently hampered by high fixed costs rather than product pricing issues. Investors should monitor whether the company can achieve the necessary scale to absorb these overheads or if the current cost structure is structurally misaligned with its revenue generation.
According to the provided financial data, WFF maintains a conservative debt-to-equity ratio of 0.08%, which suggests that the firm is currently avoiding significant external borrowing despite the pressure of a -64.42% net margin and the associated cash burn inherent in its current project-based business model.
While the low leverage profile provides a buffer against interest rate volatility, it also suggests that the company may be relying heavily on equity or parent-company support to fund its operations. This capital structure appears appropriate for a firm in its early growth stages, but it may require adjustment if the company intends to scale its manufacturing capacity significantly.
Based on the provided data, the most commonly misapplied metric for WFF is the headline revenue growth rate of 61.9%, which obscures the underlying quality of earnings and the potential risks associated with percentage-of-completion accounting in long-term industrial projects.
Investors often mistake top-line expansion for operational success, failing to account for the fact that such growth can be driven by aggressive project bidding that sacrifices margins. A more appropriate metric for this business model would be the backlog conversion rate or the ratio of operating cash flow to revenue, which would better reflect the actual liquidity generated by these projects.
Includes 30+ ratios · 5 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 WFF stock.
WF Holding Limited Ordinary Shares's return on equity (ROE) is -127.3%. The historical average is -9.4%.
Based on historical data, WF Holding Limited Ordinary Shares is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
WF Holding Limited Ordinary Shares has 31.9% gross margin and -20.5% operating margin.