Latest Ratios: P/E Ratio 41.1x · EV/EBITDA 37.4x · ROE 47.2%. (2021–2024 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 |
|---|---|---|---|---|---|
| Market Cap | $55M | $2.4B | — | — | — |
| Enterprise Value | $53M | $2.4B | — | — | — |
| P/E Ratio → | 41.10 | 1836.28 | — | — | — |
| P/S Ratio | 3.31 | 144.34 | — | — | — |
| P/B Ratio | 10.34 | 461.84 | — | — | — |
| P/FCF | — | — | — | — | — |
| P/OCF | 168.04 | 7321.56 | — | — | — |
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 |
|---|---|---|---|---|---|
| EV / Revenue | — | 144.21 | — | — | — |
| EV / EBITDA | 37.40 | 1697.98 | — | — | — |
| EV / EBIT | 39.21 | 1523.90 | — | — | — |
| 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 |
|---|---|---|---|---|---|
| Gross Margin | 14.6% | 14.6% | 10.3% | 5.9% | 7.4% |
| Operating Margin | 8.1% | 8.1% | 6.2% | 3.4% | 4.3% |
| Net Profit Margin | 8.1% | 8.1% | 5.8% | 3.4% | 4.3% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| ROE | 47.2% | 47.2% | 153.8% | 65.9% | 36.2% |
| ROA | 21.5% | 21.5% | 30.8% | 31.0% | 20.8% |
| ROIC | 66.8% | 66.8% | 314.9% | 112.9% | 66.8% |
| ROCE | 46.6% | 46.6% | 154.3% | 65.4% | 35.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.29 | 0.12 | 0.07 |
| Debt / EBITDA | 0.03 | 0.03 | 0.12 | 0.13 | 0.18 |
| Net Debt / Equity | — | -0.44 | -0.81 | -0.50 | -0.59 |
| Net Debt / EBITDA | -1.61 | -1.61 | -0.35 | -0.51 | -1.61 |
| Debt / FCF | — | — | -0.20 | -0.58 | -1.06 |
| Interest Coverage | 559.99 | 559.99 | 1075.85 | 296.60 | 7228.01 |
Net cash position: cash ($2M) exceeds total debt ($41019)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Current Ratio | 1.96 | 1.96 | 1.03 | 1.31 | 2.21 |
| Quick Ratio | 1.96 | 1.96 | 1.03 | 1.31 | 2.21 |
| Cash Ratio | 0.82 | 0.82 | 0.14 | 0.35 | 0.92 |
| Asset Turnover | — | 2.08 | 4.15 | 9.53 | 4.89 |
| Inventory Turnover | 5490.49 | — | — | 5490.49 | — |
| Days Sales Outstanding | — | 56.98 | 38.75 | 23.50 | 38.99 |
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 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | 136.8% | 109.3% | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 0.1% | — | — | — |
| FCF Yield | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $15M | $15M | $15M | $15M |
Volume-dependent revenue volatility
According to current market data, GVH trades at a P/E of 44.51 and an EV/EBITDA of 40.65, which appears significantly elevated given the reported 11.01% year-over-year revenue decline and the lack of clear, sustainable growth catalysts within the company's core Hong Kong-to-Australia logistics trade lane.
The current valuation multiples suggest that the market may be pricing in a recovery or a technological premium that is not yet supported by the underlying financial performance. Investors should monitor whether these multiples compress as the market reconciles the company's high-valuation status with its recent inability to demonstrate top-line expansion.
Based on historical financial statements, ROIC has fluctuated wildly from a peak of 56.4% in 2022Q4 to a low of 2.6% in 2023Q2, indicating that the company's ability to compound capital is highly inconsistent and heavily dependent on transient operational conditions rather than structural competitive advantages.
This volatility in returns on invested capital suggests that the business model lacks the defensive moat required to maintain consistent profitability across different e-commerce cycles. The sharp swings in ROIC warrant further investigation into whether management can stabilize returns or if the company is destined for long-term value decay.
As reported in recent quarterly filings, the company's asset turnover has declined from 2.83 in 2022Q4 to 0.68 in 2024Q4, suggesting a significant deterioration in the efficiency with which GVH utilizes its asset base to generate revenue within its specialized cross-border logistics operations.
The lengthening of the cash conversion cycle, evidenced by rising DSO figures, implies that the company is facing increasing difficulty in collecting payments from its merchant base. This trend may indicate a weakening of bargaining power relative to customers, which could further strain liquidity if volume trends do not improve.
According to the latest balance sheet data, the company maintains a current ratio of 1.96, which provides a superficial sense of security, yet this liquidity is largely tied to cash reserves rather than a high-velocity, self-sustaining working capital cycle that would typically characterize a healthy logistics provider.
While the current ratio appears adequate, the reliance on cash to offset operational volatility suggests that the company is not generating sufficient internal cash flow to fund its own growth. Investors should monitor whether this liquidity buffer is being eroded by the ongoing revenue contraction and the lack of operating leverage.
The price-to-earnings ratio is frequently misapplied to GVH, as it obscures the impact of non-recurring tax items and the lack of interest expense, which artificially inflate net margins and provide a misleading picture of the company's true, normalized earning power in a volatile logistics environment.
Analysts should instead focus on EV/Sales or adjusted EBITDA margins to better understand the underlying value of the freight forwarding business. Relying on P/E in this context risks overestimating the company's profitability, as it fails to account for the high variability in the cost of third-party air freight capacity.
Includes 30+ ratios · 4 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying GVH stock.
Globavend Holdings Limited's current P/E ratio is 41.1x. This places it at the 50th percentile of its historical range.
Globavend Holdings Limited's current EV/EBITDA is 37.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Globavend Holdings Limited's return on equity (ROE) is 47.2%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 75.8%.
Based on historical data, Globavend Holdings Limited is trading at a P/E of 41.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Globavend Holdings Limited has 14.6% gross margin and 8.1% operating margin.
Globavend Holdings Limited's Debt/EBITDA ratio is 0.0x, indicating low leverage. A ratio below 2x is generally considered financially healthy.