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INHDInno Holdings Inc.
$39.49$323M
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  4. Financial Ratios

Inno Holdings Inc. (INHD) Financial Ratios

Latest Ratios: P/E Ratio -30.1x · EV/EBITDA N/A · ROE -78.8%. (2021–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

INHD Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Market Cap$323M$3.6B$5.4B———
Enterprise Value$313M$3.6B$5.4B———
P/E Ratio →-30.14—————
P/S Ratio113.441266.11————
P/B Ratio14.06237.601941.35———
P/FCF——————
P/OCF——————

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

INHD EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
EV / Revenue—1262.56————
EV / EBITDA——————
EV / EBIT——————
EV / FCF——————

INHD Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Gross Margin2.0%2.0%—-57.0%32.7%31.1%
Operating Margin-153.3%-153.3%—-498.2%-18.0%-10.0%
Net Profit Margin-248.7%-248.7%—-487.1%-22.4%-3.5%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
ROE-78.8%-78.8%-752.7%—-140.2%-27.6%
ROA-70.2%-70.2%-95.7%-125.7%-41.9%-9.1%
ROIC-99.5%-99.5%-129.1%-317.2%-41.3%-41.5%
ROCE-47.4%-47.4%-130.0%-83312.6%-78.0%-59.0%

INHD Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Debt / Equity0.000.000.08—1.320.67
Debt / EBITDA——————
Net Debt / Equity—-0.66-0.47—1.270.42
Net Debt / EBITDA——————
Debt / FCF——————
Interest Coverage———-37.66-109.75-9.17

Net cash position: cash ($10M) exceeds total debt ($50000)

INHD Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Current Ratio29.4929.491.740.291.181.45
Quick Ratio24.9924.991.490.191.021.01
Cash Ratio21.6421.641.160.000.020.15
Asset Turnover—0.18—0.311.232.59
Inventory Turnover1.321.32—3.189.197.26
Days Sales Outstanding—162.38—32.15154.6165.27

INHD 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 2025FY 2024FY 2023FY 2022FY 2021
Dividend Yield——————
Payout Ratio——————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Earnings Yield——————
FCF Yield——————
Buyback Yield0.0%0.0%0.0%———
Total Shareholder Yield0.0%0.0%0.0%———
Shares Outstanding—$5M$2M$2M$2M$2M

Key Metrics

Growth RegimeMixed
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Rapid liquidity depletion risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Disconnect Between Narrative and Multiples

Based on reported figures, INHD trades at a P/S ratio of 113.44, a valuation that appears disconnected from its negative profitability and suggests investors are pricing the company on speculative growth potential rather than the underlying reality of its current, highly cyclical steel-based business model.

The extreme P/S multiple indicates that the market is assigning a significant premium to the company's mobile factory technology, despite the lack of evidence that this IP can generate sustainable margins. Investors should monitor whether this valuation can be sustained as the company continues to report net losses, as the lack of a positive P/E or EV/EBITDA makes traditional fundamental valuation metrics currently inapplicable.

Persistent Erosion of Invested Capital

As reported in financial statements, INHD's ROIC has remained consistently negative, reaching -4.7% in 2026Q2, which indicates that the company is currently destroying shareholder value rather than compounding it through its capital-intensive, project-based manufacturing operations in the steel sector.

The negative return on capital trend suggests that the company's investments in mobile factory units have yet to achieve the necessary scale to cover their own cost of capital. This persistent decay in returns warrants further investigation into whether the current business model is structurally capable of achieving positive economic profit in the future.

Working Capital Inefficiency Strains Operations

According to recent quarterly data, INHD's asset turnover remains extremely low at 0.02 in 2026Q2, highlighting a significant inability to generate revenue from its asset base and suggesting that the company's mobile factory fleet is currently suffering from severe under-utilization across its project portfolio.

The high DSO and DIO figures, which reached 515 and 260 days respectively in 2026Q2, reveal a sluggish cash conversion cycle that places immense pressure on the company's liquidity. This inefficiency implies that the company is struggling to manage its inventory and receivables effectively, which is a critical risk for a firm operating in the volatile steel fabrication industry.

Misapplication of Current Ratio Metrics

While the current ratio of 163.81 might appear to signal a fortress balance sheet, this metric is fundamentally misapplied to INHD, as it obscures the company's inability to convert its assets into cash and ignores the rapid depletion of capital required to fund ongoing operations.

Investors should instead focus on the cash burn rate and the velocity of project completion, as the current ratio is artificially inflated by the lack of meaningful current liabilities rather than true liquidity strength. Relying on standard liquidity ratios in this context may lead to a false sense of security regarding the company's ability to survive its current negative operating margin environment.

Download Financial Ratios Data

Includes 30+ ratios · 5 years · Updated daily

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INHD — Frequently Asked Questions

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

What is Inno Holdings Inc.'s P/E ratio?

Inno Holdings Inc.'s current P/E ratio is -30.1x. This places it at the 50th percentile of its historical range.

What is Inno Holdings Inc.'s ROE?

Inno Holdings Inc.'s return on equity (ROE) is -78.8%. The historical average is -82.2%.

Is INHD stock overvalued?

Based on historical data, Inno Holdings Inc. is trading at a P/E of -30.1x. 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 Inno Holdings Inc.'s profit margins?

Inno Holdings Inc. has 2.0% gross margin and -153.3% operating margin.