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GLEGlobal Engine Group Holding Limited Ordinary Shares
$0.44$7M
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  3. GLE
  4. Financial Ratios

Global Engine Group Holding Limited Ordinary Shares (GLE) Financial Ratios

Latest Ratios: P/E Ratio 24.5x · EV/EBITDA 13.2x · ROE 20.2%. (2020–2024 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

GLE Valuation Multiples

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Market Cap$7M—————
Enterprise Value$6M—————
P/E Ratio →24.53—————
P/S Ratio1.11—————
P/B Ratio4.37—————
P/FCF9999.00—————
P/OCF9999.00—————

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

GLE EV Ratios

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

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
EV / Revenue——————
EV / EBITDA13.18—————
EV / EBIT16.33—————
EV / FCF——————

GLE 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 2020
Gross Margin14.8%14.8%16.5%25.5%39.3%50.2%
Operating Margin5.8%5.8%7.0%17.3%32.1%33.7%
Net Profit Margin5.2%5.2%6.0%14.9%27.2%30.9%

Return on Capital

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
ROE20.2%20.2%26.1%146.7%279.4%111.9%
ROA9.7%9.7%13.8%57.4%60.3%25.8%
ROIC37.4%37.4%49.6%329.0%389.2%94.1%
ROCE22.2%22.2%30.2%164.7%329.5%121.9%

GLE Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Debt / Equity——0.030.11——
Debt / EBITDA——0.100.09——
Net Debt / Equity—-0.59-0.51-0.57-0.78-0.03
Net Debt / EBITDA-2.38-2.38-1.52-0.51-0.21-0.02
Debt / FCF—-4644.36-9.15-0.90-0.12—
Interest Coverage274.92274.9290.996106.6996752.53—

Net cash position: cash ($8M) exceeds total debt ($0)

GLE Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Current Ratio1.431.431.601.501.251.30
Quick Ratio1.431.431.601.501.251.30
Cash Ratio0.460.460.630.750.200.01
Asset Turnover—1.532.083.172.290.84
Inventory Turnover——————
Days Sales Outstanding—126.4471.2014.81128.09427.89

GLE 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 2020
Dividend Yield——————
Payout Ratio———18.4%107.6%—

Total Shareholder Return Metrics

MetricTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Earnings Yield4.1%—————
FCF Yield0.0%—————
Buyback Yield0.0%—————
Total Shareholder Yield0.0%—————
Shares Outstanding—$18M$18M$18M$18M$18M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Negative cash flow conversion

Capital Efficiency Deteriorating Amid Losses

According to recent financial filings, GLE's ROIC has plummeted from 14.1% in 2024Q3 to -1.3% by 2025Q2, signaling a rapid decay in the company's ability to generate returns on its invested capital as operational losses mount and asset intensity increases following recent acquisition activity.

The sharp reversal in ROIC suggests that the capital deployed into the business is currently failing to generate economic value, likely exacerbated by the integration of new assets that have yet to contribute to earnings. Investors should monitor whether this trend reflects a structural decline in the profitability of the core ICT service model or merely a temporary drag from recent inorganic expansion.

Working Capital Cycles Remain Strained

As reported in quarterly statements, GLE's asset turnover has declined to 0.13 in 2025Q2, while DSO remains exceptionally high at 495 days, indicating significant friction in converting project-based service delivery into actual cash inflows within the competitive Hong Kong technology services landscape.

The extremely high DSO suggests that the company may be facing substantial collection delays or is forced to offer extended payment terms to maintain its client base. This inefficiency in working capital management appears to be a primary driver of the company's current cash burn, as the gap between revenue recognition and cash receipt continues to widen.

Liquidity Ratios Mask Operational Fragility

Based on the latest balance sheet data, GLE reports a current ratio of 10.01, yet this figure appears misleadingly high as it fails to account for the company's negative operating cash flow and the persistent difficulty in liquidating contract assets into usable cash for ongoing operations.

While the nominal liquidity position appears robust, the lack of cash generation suggests that the current assets are heavily weighted toward non-liquid contract receivables rather than cash equivalents. This warrants further investigation into the quality of these assets, as their inability to fund operations under stress could leave the company vulnerable despite the high headline ratio.

Misapplied Focus on Current Ratio

Investors frequently misapply the current ratio to GLE, as the metric obscures the company's underlying inability to convert long-dated contract assets into cash, which is a critical flaw for a firm operating with negative free cash flow and high working capital requirements.

The current ratio provides a false sense of security by including potentially illiquid contract assets in the numerator, which may not be readily available to cover short-term liabilities. A more appropriate metric for this business model would be the cash-to-current-liabilities ratio, which strips away the noise of uncollected receivables and provides a clearer view of the company's immediate solvency.

Download Financial Ratios Data

Includes 30+ ratios · 5 years · Updated daily

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GLE — Frequently Asked Questions

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

What is Global Engine Group Holding Limited Ordinary Shares's P/E ratio?

Global Engine Group Holding Limited Ordinary Shares's current P/E ratio is 24.5x. This places it at the 50th percentile of its historical range.

What is Global Engine Group Holding Limited Ordinary Shares's EV/EBITDA?

Global Engine Group Holding Limited Ordinary Shares's current EV/EBITDA is 13.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.

What is Global Engine Group Holding Limited Ordinary Shares's ROE?

Global Engine Group Holding Limited Ordinary Shares's return on equity (ROE) is 20.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 116.8%.

Is GLE stock overvalued?

Based on historical data, Global Engine Group Holding Limited Ordinary Shares is trading at a P/E of 24.5x. 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 Global Engine Group Holding Limited Ordinary Shares's profit margins?

Global Engine Group Holding Limited Ordinary Shares has 14.8% gross margin and 5.8% operating margin.