Latest Ratios: P/E Ratio 1.8x · EV/EBITDA 1.9x · ROE 8.2%. (2017–2025 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 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14M | $10M | $26M | $37M | $26M | $70M | $73M | $40M | $74M | — |
| Enterprise Value | $19M | $15M | $41M | $56M | $51M | $113M | $119M | $79M | $111M | — |
| P/E Ratio → | 1.83 | 1.98 | 1.88 | — | 34.77 | 11.09 | 10.81 | 8.93 | 12.41 | — |
| P/S Ratio | 0.16 | 0.11 | 0.31 | 0.41 | 0.29 | 0.71 | 1.09 | 0.76 | 1.22 | — |
| P/B Ratio | 0.14 | 0.15 | 0.50 | 0.73 | 0.33 | 0.93 | 1.43 | 0.84 | 1.85 | — |
| P/FCF | 0.91 | 0.63 | 1.98 | 15.07 | 3.54 | — | 45.08 | 5.04 | — | — |
| P/OCF | 0.91 | 0.63 | 1.98 | 15.07 | 3.54 | — | 26.96 | 4.96 | 24.05 | — |
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 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.16 | 0.49 | 0.62 | 0.56 | 1.15 | 1.77 | 1.50 | 1.85 | — |
| EV / EBITDA | 1.93 | 1.49 | 2.77 | 4.31 | 6.10 | 10.54 | 12.98 | 8.84 | 10.82 | — |
| EV / EBIT | 2.55 | 1.97 | 2.45 | — | 10.44 | 11.69 | 12.39 | 10.89 | 11.62 | — |
| EV / FCF | — | 0.95 | 3.08 | 22.81 | 7.00 | — | 73.60 | 10.00 | — | — |
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 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.4% | 31.4% | 26.8% | 27.2% | 21.8% | 19.8% | 19.2% | 23.6% | 23.4% | 24.2% |
| Operating Margin | 8.3% | 8.3% | 15.0% | 11.9% | 6.6% | 8.3% | 10.0% | 12.6% | 14.4% | -1.7% |
| Net Profit Margin | 5.4% | 5.4% | 16.8% | -17.6% | 0.8% | 6.3% | 10.1% | 8.5% | 9.9% | -6.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.2% | 8.2% | 27.1% | -24.4% | 1.0% | 10.0% | 13.8% | 10.3% | 15.9% | -9.3% |
| ROA | 4.3% | 4.3% | 11.4% | -11.1% | 0.5% | 4.3% | 5.7% | 4.1% | 5.4% | -3.0% |
| ROIC | 8.1% | 8.1% | 13.7% | 9.3% | 4.0% | 5.8% | 5.5% | 8.3% | 14.0% | -1.1% |
| ROCE | 12.0% | 12.0% | 21.7% | 14.7% | 7.2% | 12.7% | 12.9% | 13.4% | 18.7% | -1.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.19 | 0.19 | 0.40 | 0.83 | 0.52 | 0.73 | 1.05 | 0.88 | — | 0.72 |
| Debt / EBITDA | 1.28 | 1.28 | 1.44 | 3.23 | 4.96 | 5.09 | 5.81 | 4.62 | — | 57.82 |
| Net Debt / Equity | — | 0.07 | 0.28 | 0.37 | 0.32 | 0.58 | 0.91 | 0.83 | 0.95 | 0.68 |
| Net Debt / EBITDA | 0.49 | 0.49 | 0.99 | 1.46 | 3.01 | 4.06 | 5.03 | 4.38 | 3.67 | 54.82 |
| Debt / FCF | — | 0.31 | 1.10 | 7.74 | 3.46 | — | 28.52 | 4.96 | — | — |
| Interest Coverage | 67.36 | 67.36 | 198.84 | -92.08 | 12.17 | 16.52 | 10.29 | 5.60 | 6.16 | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.97 | 1.97 | 1.61 | 1.38 | 1.90 | 1.63 | 1.37 | 1.43 | 0.76 | 0.78 |
| Quick Ratio | 1.97 | 1.97 | 1.20 | 1.03 | 1.55 | 1.33 | 1.17 | 1.25 | 0.57 | 0.64 |
| Cash Ratio | 0.73 | 0.73 | 0.44 | 0.36 | 0.36 | 0.15 | 0.09 | 0.04 | 0.09 | 0.19 |
| Asset Turnover | — | 0.78 | 0.73 | 0.69 | 0.59 | 0.61 | 0.51 | 0.49 | 0.54 | 0.45 |
| Inventory Turnover | — | — | 2.63 | 2.64 | 3.07 | 3.07 | 3.51 | 4.01 | 3.72 | 4.14 |
| Days Sales Outstanding | — | 133.08 | 168.57 | 177.16 | 294.56 | 343.97 | 446.24 | 446.99 | 160.75 | 185.50 |
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 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 24.2% | 22.4% | 22.5% | 1.9% | — | — | — | 0.4% | — | — |
| Payout Ratio | 45.1% | 45.1% | 42.2% | — | — | — | — | 3.6% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 54.5% | 50.6% | 53.1% | — | 2.9% | 9.0% | 9.3% | 11.2% | 8.1% | — |
| FCF Yield | 100.0% | 157.7% | 50.6% | 6.6% | 28.2% | — | 2.2% | 19.8% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5.3% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 24.2% | 22.4% | 22.5% | 1.9% | 0.0% | 0.0% | 5.3% | 0.4% | 0.0% | — |
| Shares Outstanding | — | $16M | $14M | $13M | $12M | $11M | $10M | $8M | $8M | $1M |
Geopolitical and Tariff Exposure
According to current market data, GTEC trades at a P/S ratio of 0.15 and an EV/EBITDA of 1.83, suggesting that investors are heavily discounting the company's equity due to its micro-cap status and the perceived risks associated with its China-centric manufacturing footprint and US expansion strategy.
The current valuation multiples appear to imply a significant lack of confidence in the company's ability to scale its HEVI brand profitably within the US market. This deep discount relative to broader industrial peers suggests that the market is pricing in a permanent 'China-discount' rather than the growth potential inherent in its electric drivetrain technology.
Based on reported figures, GTEC's ROIC has fluctuated between -2.6% and 5.9% over the last ten quarters, indicating that the company has struggled to consistently generate returns above its cost of capital as it navigates the transition from a component supplier to an electric vehicle OEM.
The volatility in ROIC suggests that the company's capital allocation is currently hampered by the high costs of scaling the HEVI distribution network. Investors should monitor whether the company can stabilize these returns as the product mix shifts toward higher-margin electric industrial vehicles.
As reported in financial statements, GTEC's cash conversion cycle has remained elevated, peaking at 251 days in 2023Q4 and settling at 114 days in 2026Q1, which highlights the persistent difficulty in managing inventory and receivables while expanding into new international markets.
The extended CCC suggests that the company is tying up significant liquidity in inventory and customer credit, which may be a byproduct of its push to establish a presence in the US. This inefficiency warrants further investigation into whether these cycles will normalize as the HEVI brand gains market traction.
According to recent SEC filings, GTEC has maintained a disciplined balance sheet with a debt-to-equity ratio of 0.26 as of 2026Q1, reflecting a strategic effort to de-risk the firm's capital structure amidst the ongoing volatility in its core industrial machinery and electric vehicle segments.
The low leverage profile provides a necessary buffer against the cyclical nature of the logistics and manufacturing sectors. This conservative approach appears to be a deliberate management choice to prioritize financial flexibility over aggressive, debt-funded growth during a period of significant geopolitical and trade-related uncertainty.
The P/E ratio is the most commonly misapplied metric for GTEC, as it fails to account for the significant non-operating volatility and accounting adjustments that frequently distort the company's net income, thereby providing a misleading picture of its true underlying earning power.
Investors should instead focus on EV/EBITDA or free cash flow metrics to better assess the company's operational performance. Relying on P/E in this context obscures the impact of FX translations and government-related subsidies that can artificially inflate or deflate reported earnings in any given quarter.
Includes 30+ ratios · 9 years · Updated daily
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Quick answers to the most common questions about buying GTEC stock.
Greenland Technologies Holding Corporation's current P/E ratio is 1.8x. The historical average is 11.7x.
Greenland Technologies Holding Corporation's current EV/EBITDA is 1.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.2x.
Greenland Technologies Holding Corporation's return on equity (ROE) is 8.2%. The historical average is 5.9%.
Based on historical data, Greenland Technologies Holding Corporation is trading at a P/E of 1.8x. Compare with industry peers and growth rates for a complete picture.
Greenland Technologies Holding Corporation's current dividend yield is 24.21% with a payout ratio of 45.1%.
Greenland Technologies Holding Corporation has 31.4% gross margin and 8.3% operating margin.
Greenland Technologies Holding Corporation's Debt/EBITDA ratio is 1.3x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.