Latest Ratios: P/E Ratio -642.9x · EV/EBITDA 41.4x · ROE -1.5%. (2020–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $5M | — | — | — | — | — |
| Enterprise Value | $3M | — | — | — | — | — |
| P/E Ratio → | -642.86 | — | — | — | — | — |
| P/S Ratio | 0.35 | — | — | — | — | — |
| P/B Ratio | 10.63 | — | — | — | — | — |
| P/FCF | 2.84 | — | — | — | — | — |
| P/OCF | 2.84 | — | — | — | — | — |
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | — | — | — | — | — |
| EV / EBITDA | 41.39 | — | — | — | — | — |
| EV / EBIT | 49.19 | — | — | — | — | — |
| 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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | 11.0% | 11.0% | 6.9% | 11.6% | 12.8% | 19.2% |
| Operating Margin | 0.5% | 0.5% | -6.2% | -10.7% | 1.8% | 8.2% |
| Net Profit Margin | -0.1% | -0.1% | -8.8% | -9.6% | 1.2% | 7.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | -1.5% | -1.5% | -88.6% | -51.1% | 10.0% | 55.6% |
| ROA | -0.1% | -0.1% | -13.1% | -16.0% | 3.3% | 13.2% |
| ROIC | 19.3% | 19.3% | -78.7% | -64.8% | 12.1% | 49.0% |
| ROCE | 9.9% | 9.9% | -58.3% | -55.9% | 15.4% | 60.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.61 | 0.61 | 1.22 | 0.46 | 0.02 | 0.14 |
| Debt / EBITDA | 4.37 | 4.37 | — | — | 0.09 | 0.19 |
| Net Debt / Equity | — | -2.43 | 1.16 | -0.95 | -0.03 | -0.06 |
| Net Debt / EBITDA | -17.44 | -17.44 | — | — | -0.15 | -0.08 |
| Debt / FCF | — | -0.84 | — | -7.26 | — | -3.62 |
| Interest Coverage | 2.04 | 2.04 | -29.92 | -25.20 | — | — |
Net cash position: cash ($2M) exceeds total debt ($334138)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 1.02 | 1.02 | 1.10 | 1.26 | 1.63 | 1.28 |
| Quick Ratio | 1.02 | 1.02 | 1.10 | 1.26 | 1.63 | 1.28 |
| Cash Ratio | 0.38 | 0.38 | 0.00 | 0.39 | 0.03 | 0.06 |
| Asset Turnover | — | 2.59 | 1.52 | 1.67 | 2.64 | 1.77 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | 48.12 | 205.09 | 122.09 | 120.35 | 176.78 |
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | 35.2% | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $13M | $13M | $13M | $13M | $13M |
Thin operating margin buffer
Based on reported figures, BIYA trades at a P/S ratio of 0.26, which, according to recent market data, reflects a significant discount compared to broader software peers, likely driven by the market's skepticism regarding the firm's ability to convert its $12.8M revenue into sustainable bottom-line earnings.
The negative P/E ratio of -480.00 suggests that investors are currently pricing the company as a distressed asset rather than a growth-oriented technology firm. This valuation implies that the market is heavily discounting the software-enabled service model, likely due to the lack of clear evidence that the company can achieve the operating leverage required to justify a higher multiple.
As reported in financial statements, the company's 10.99% gross margin appears to be a structural byproduct of gross-basis revenue recognition for labor dispatching, which, according to industry analysis, leaves almost no room for error given the razor-thin 0.50% operating margin currently being generated by the business.
The inability to translate top-line growth into meaningful net income suggests that the company's administrative and selling expenses are disproportionately high relative to its service output. Investors should monitor whether management can successfully pivot toward higher-margin software consulting, as the current cost structure appears to offer no protection against even minor inflationary pressures in labor costs.
According to recent SEC filings, the company's liquidity position is heavily dependent on the efficiency of its accounts receivable turnover, as the firm holds only $1.6M in cash against $12.8M in revenue, creating a potential vulnerability if SME client payment cycles extend beyond current historical norms.
The reliance on labor dispatching necessitates a high degree of working capital efficiency, yet the current cash-to-revenue ratio suggests a lack of a meaningful safety buffer. Any delay in collections from the Shenzhen SME ecosystem could force the company to rely on external financing, which would likely be costly given the firm's current lack of profitability.
The most commonly misapplied metric for BIYA is the P/S ratio, which, based on industry standards for software firms, obscures the fact that the majority of the company's revenue is likely low-margin pass-through labor costs rather than high-margin, scalable intellectual property or recurring SaaS subscription fees.
Investors should instead focus on a 'net commission' basis for revenue recognition to better understand the true earning power of the business. By treating the company as a labor utility rather than a software developer, analysts can better assess the risks associated with regulatory changes in the Chinese labor market that could compress margins further.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying BIYA stock.
Baiya International Group Inc. Ordinary Shares's current P/E ratio is -642.9x. This places it at the 50th percentile of its historical range.
Baiya International Group Inc. Ordinary Shares's current EV/EBITDA is 41.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Baiya International Group Inc. Ordinary Shares's return on equity (ROE) is -1.5%. The historical average is -15.1%.
Based on historical data, Baiya International Group Inc. Ordinary Shares is trading at a P/E of -642.9x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Baiya International Group Inc. Ordinary Shares has 11.0% gross margin and 0.5% operating margin.
Baiya International Group Inc. Ordinary Shares's Debt/EBITDA ratio is 4.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.