Latest Ratios: P/E Ratio -5.5x · EV/EBITDA N/A · ROE -71.3%. (2020–2025 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 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Market Cap | $3M | $10M | — | — | — | — | — |
| Enterprise Value | $2M | $6M | — | — | — | — | — |
| P/E Ratio → | -5.52 | — | — | — | — | — | — |
| P/S Ratio | 6.03 | 2.85 | — | — | — | — | — |
| P/B Ratio | 5.66 | 2.91 | — | — | — | — | — |
| 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 | FY 2020 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.73 | — | — | — | — | — |
| 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 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 42.2% | 42.2% | 53.7% | 58.7% | 75.1% | 67.0% | 72.2% |
| Operating Margin | -101.2% | -101.2% | 23.3% | 32.9% | 57.7% | 34.1% | 22.9% |
| Net Profit Margin | -100.5% | -100.5% | 18.3% | 28.6% | 48.1% | 27.9% | 13.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| ROE | -71.3% | -71.3% | 65.5% | 70.6% | 202.7% | 158.0% | 88.5% |
| ROA | -22.4% | -22.4% | 19.4% | 28.6% | 64.5% | 29.5% | 16.1% |
| ROIC | — | — | — | 375.8% | 279.5% | — | — |
| ROCE | -63.6% | -63.6% | 77.8% | 78.0% | 201.1% | 123.9% | 96.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.05 | 0.05 | 0.36 | 0.29 | 0.33 | 1.23 | 1.24 |
| Debt / EBITDA | — | — | 0.29 | 0.26 | 0.18 | 0.66 | 0.79 |
| Net Debt / Equity | — | -1.14 | -1.31 | -1.30 | -0.52 | -2.59 | -2.45 |
| Net Debt / EBITDA | — | — | -1.03 | -1.16 | -0.28 | -1.39 | -1.55 |
| Debt / FCF | — | — | -1.27 | -0.84 | -0.66 | -2.68 | — |
| Interest Coverage | -451.30 | -451.30 | 211.22 | 88.75 | 498.52 | 53.69 | — |
Net cash position: cash ($4M) exceeds total debt ($157560)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 3.21 | 3.21 | 0.86 | 1.21 | 1.61 | 1.32 | 1.28 |
| Quick Ratio | 3.21 | 3.21 | 0.86 | 1.21 | 1.61 | 1.32 | 1.28 |
| Cash Ratio | 2.74 | 2.74 | 0.58 | 0.82 | 0.78 | 1.02 | 0.95 |
| Asset Turnover | — | 0.71 | 1.13 | 1.04 | 1.43 | 0.94 | 1.23 |
| Inventory Turnover | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 53.00 | 40.10 | 43.06 | 83.77 | 41.26 | 45.66 |
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 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.9% | 7.5% | — | — | — | — | — |
| Payout Ratio | — | — | 171.8% | 109.7% | 83.9% | 15.5% | 147.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 3.9% | 7.5% | — | — | — | — | — |
| Shares Outstanding | — | $2M | $2M | $2M | $2M | $2M | $2M |
Rapid cash reserve depletion
Based on reported figures, GLXG trades at a P/S of 5.68, which appears disconnected from the company's 88% revenue decline and suggests investors are pricing the firm as a potential shell or acquisition target rather than a viable, growth-oriented payroll services provider in the current market.
The negative P/E of -5.20 confirms that traditional earnings-based valuation metrics are currently irrelevant for assessing the company's intrinsic value. Investors should monitor whether the premium over book value is justified by the potential for a strategic pivot or if it represents a mispricing of a rapidly shrinking asset base.
According to historical financial data, GLXG's ROIC has collapsed from a peak of 187.7% in 2023Q3 to -2.8% in 2026Q2, signaling a profound decay in the company's ability to generate returns on its invested capital as the core business model faces severe structural headwinds.
The transition from high-efficiency compounding to negative returns suggests that the company's specialized compliance infrastructure is no longer generating sufficient margins to cover its fixed costs. This trend warrants further investigation into whether the firm can stabilize its capital base or if it will continue to erode shareholder value.
As reported in recent filings, GLXG's DSO has fluctuated significantly, reaching 96 days in 2026Q2, which indicates that the company is struggling to collect payments efficiently from its remaining client base compared to the more stable turnover cycles observed in previous, more profitable fiscal periods.
The lack of consistent asset turnover, which sits at a low 0.27, suggests that the company's operational engine is under-utilized and failing to convert its service capacity into revenue. Investors should be wary of the high reliance on short-term working capital adjustments to maintain liquidity in the absence of organic growth.
Based on the 2026Q2 balance sheet, GLXG maintains a current ratio of 2.39, yet this figure masks the reality that cash reserves have dwindled to $4.1 million, providing a limited runway given the company's ongoing inability to generate positive operating margins in the current fiscal environment.
While the current ratio appears healthy on the surface, the lack of operational cash flow means that the company is essentially consuming its own capital to fund ongoing losses. This liquidity position appears increasingly vulnerable if management cannot immediately reverse the current trend of negative operating margins.
The P/E ratio is the most commonly misapplied metric for GLXG, as it obscures the company's transition from an operating service provider to a cash-heavy entity, making it an unreliable indicator of value for a firm currently experiencing a total collapse in its primary revenue-generating engine.
Analysts should instead focus on the cash-to-revenue ratio and the liquidation value of the company's regional operating licenses. Using earnings multiples for a business that is currently burning cash and losing its core client base leads to a fundamental misunderstanding of the firm's actual risk-reward profile.
Includes 30+ ratios · 6 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying GLXG stock.
Galaxy Payroll Group Limited's current P/E ratio is -5.5x. This places it at the 50th percentile of its historical range.
Galaxy Payroll Group Limited's return on equity (ROE) is -71.3%. The historical average is 85.7%.
Based on historical data, Galaxy Payroll Group Limited is trading at a P/E of -5.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Galaxy Payroll Group Limited's current dividend yield is 3.85%.
Galaxy Payroll Group Limited has 42.2% gross margin and -101.2% operating margin.