Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE N/A. (2023–2025 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 |
|---|---|---|---|---|
| Market Cap | $9M | — | — | — |
| Enterprise Value | $40M | — | — | — |
| P/E Ratio → | — | — | — | — |
| P/S Ratio | 0.17 | — | — | — |
| P/B Ratio | — | — | — | — |
| 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 |
|---|---|---|---|---|
| EV / Revenue | — | — | — | — |
| 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 |
|---|---|---|---|---|
| Gross Margin | 8.8% | 8.8% | 0.4% | 0.7% |
| Operating Margin | -80.4% | -80.4% | -2439.2% | -4289.7% |
| Net Profit Margin | -263.5% | -263.5% | -2652.2% | -4279.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ROE | — | — | -566.9% | -147.9% |
| ROA | -298.1% | -298.1% | -147.7% | -101.3% |
| ROIC | -276.0% | -276.0% | -211.0% | — |
| ROCE | -642.5% | -642.5% | -306.0% | -145.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Debt / Equity | — | — | — | 0.03 |
| Debt / EBITDA | — | — | — | — |
| Net Debt / Equity | — | — | — | -0.39 |
| Net Debt / EBITDA | — | — | — | — |
| Debt / FCF | — | — | — | — |
| Interest Coverage | -52.19 | -52.19 | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Current Ratio | 0.24 | 0.24 | 0.56 | 1.95 |
| Quick Ratio | 0.24 | 0.24 | 0.56 | 1.95 |
| Cash Ratio | 0.08 | 0.08 | 0.05 | 0.95 |
| Asset Turnover | — | 0.62 | 0.06 | 0.02 |
| Inventory Turnover | — | — | — | — |
| Days Sales Outstanding | — | — | — | — |
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 |
|---|---|---|---|---|
| Dividend Yield | — | — | — | — |
| Payout Ratio | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Earnings Yield | — | — | — | — |
| FCF Yield | — | — | — | — |
| Buyback Yield | 7.5% | — | — | — |
| Total Shareholder Yield | 7.5% | — | — | — |
| Shares Outstanding | — | $0 | $63M | $63M |
Imminent liquidity and solvency
According to recent financial disclosures, KWM's gross margin plummeted to negative 75.8% in 2024Q4, a stark reversal from previous periods that suggests the company is struggling to cover the direct costs associated with its third-party licensing and distribution model in a highly competitive entertainment landscape.
The collapse in gross margins indicates that the company's cost of revenue is currently decoupled from its pricing power, likely due to high royalty obligations or inefficient inventory management. This negative profitability trend suggests that the firm's current business model is not yet viable at its existing scale, necessitating a fundamental shift in cost structure to achieve sustainability.
Based on reported figures, KWM's ROIC has deteriorated to negative 89.3% as of 2024Q4, reflecting a consistent inability to generate meaningful returns on the capital deployed into its entertainment investments and operational infrastructure compared to historical benchmarks.
The persistent negative return on invested capital highlights that the company is effectively destroying shareholder value with every dollar of capital it consumes. Investors should monitor whether this trend is a temporary byproduct of aggressive expansion or a structural failure to monetize the underlying IP assets effectively.
As reported in financial statements, KWM's current ratio has collapsed to 0.56, indicating that the company's short-term assets are insufficient to cover its immediate liabilities, which poses a severe and immediate threat to the firm's ongoing operational viability under current market conditions.
The rapid decline in liquidity suggests that the company is burning through its cash reserves at an unsustainable rate to fund operating losses. Without a significant capital injection or a drastic reduction in cash burn, the company may face an imminent liquidity crisis that could force dilutive financing or asset liquidation.
Market participants often misapply the Price-to-Sales (P/S) ratio to KWM, which obscures the company's underlying lack of profitability and high cost of revenue, leading to an overestimation of its long-term earnings quality and structural value within the entertainment sector.
Because KWM operates as a licensing and distribution agent rather than a primary IP owner, revenue figures are likely inflated by gross-basis accounting, making the P/S ratio a misleading indicator of business health. Analysts should instead focus on gross profit margins and cash conversion metrics to better assess the company's true economic contribution and operational sustainability.
Includes 30+ ratios · 3 years · Updated daily
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Based on historical data, K Wave Media Ltd. is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
K Wave Media Ltd. has 8.8% gross margin and -80.4% operating margin.