Latest Ratios: P/E Ratio -1.7x · EV/EBITDA N/A · ROE -13.1%. (2021–2025 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 |
|---|---|---|---|---|---|---|
| Market Cap | $5M | $17M | — | — | — | — |
| Enterprise Value | $1M | $13M | — | — | — | — |
| P/E Ratio → | -1.73 | — | — | — | — | — |
| P/S Ratio | 0.08 | 0.26 | — | — | — | — |
| P/B Ratio | 0.21 | 0.75 | — | — | — | — |
| P/FCF | 2.11 | 7.10 | — | — | — | — |
| P/OCF | 1.73 | 5.83 | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.21 | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | 5.61 | — | — | — | — |
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 |
|---|---|---|---|---|---|---|
| Gross Margin | 10.0% | 10.0% | 13.1% | 17.0% | 15.2% | 19.2% |
| Operating Margin | -4.0% | -4.0% | 2.2% | 5.3% | 5.4% | 7.8% |
| Net Profit Margin | -4.3% | -4.3% | 0.9% | 2.2% | 2.7% | 5.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | -13.1% | -13.1% | 2.6% | 6.7% | 10.5% | 13.8% |
| ROA | -7.0% | -7.0% | 1.5% | 3.5% | 5.5% | 8.0% |
| ROIC | -10.8% | -10.8% | 5.3% | 13.7% | 16.7% | 16.8% |
| ROCE | -11.9% | -11.9% | 6.1% | 16.1% | 20.6% | 20.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.26 | 0.26 | 0.15 | 0.21 | 0.16 | 0.04 |
| Debt / EBITDA | — | — | 1.80 | 1.16 | 0.75 | 0.17 |
| Net Debt / Equity | — | -0.16 | -0.12 | -0.12 | -0.06 | -0.07 |
| Net Debt / EBITDA | — | — | -1.43 | -0.64 | -0.28 | -0.35 |
| Debt / FCF | — | -1.50 | -1.92 | — | -0.09 | -5.64 |
| Interest Coverage | -9.47 | -9.47 | 7.29 | 29.85 | 60.11 | 158.42 |
Net cash position: cash ($9M) exceeds total debt ($6M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 1.59 | 1.59 | 1.99 | 2.32 | 1.91 | 2.38 |
| Quick Ratio | 1.40 | 1.40 | 1.79 | 1.98 | 1.38 | 1.85 |
| Cash Ratio | 0.43 | 0.43 | 0.40 | 0.48 | 0.20 | 0.15 |
| Asset Turnover | — | 1.39 | 1.56 | 1.72 | 1.80 | 1.55 |
| Inventory Turnover | 13.32 | 13.32 | 16.68 | 10.46 | 5.56 | 5.58 |
| Days Sales Outstanding | — | 81.91 | 99.19 | 82.67 | 52.79 | 15.05 |
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 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | 47.3% | 14.1% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | — | — | — | — |
| Shares Outstanding | — | $1M | $1M | $1M | $1M | $1M |
Working capital liquidity constraints
Based on the latest financial data, Skycorp Solar trades at a price-to-sales ratio of 0.08, which, according to market filings, reflects a deep discount compared to broader solar sector peers and suggests that investors are pricing the company as a distressed asset rather than a growth-oriented technology firm.
The negative P/E ratio of -1.69 underscores the absence of bottom-line profitability, rendering traditional earnings-based valuation metrics inapplicable. The low P/B ratio of 0.21 further implies that the market assigns little value to the company's tangible asset base, likely due to concerns regarding the quality of inventory and the sustainability of its current business model.
As reported in the 2025Q2 financial statements, Skycorp Solar's ROIC of 0.9% indicates that the company is barely generating returns above its cost of capital, a trend that, when compared to historical performance, suggests a significant struggle to achieve meaningful value creation through its current manufacturing and distribution operations.
The marginal ROIC suggests that the company's capital allocation is not currently driving competitive advantages or economies of scale. Investors should monitor whether this low return profile is a temporary byproduct of aggressive market expansion or a structural limitation inherent in the low-margin solar component assembly industry.
According to the 2025Q2 quarterly report, Skycorp Solar exhibits a cash conversion cycle of 358 days, a figure that, based on industry benchmarks, reveals severe inefficiencies in managing inventory and collecting receivables, effectively trapping liquidity within the operational cycle and hindering the company's ability to self-fund growth.
The exceptionally high DSO of 335 days suggests that the company may be offering overly generous credit terms to secure sales, which creates a significant risk of bad debt or liquidity shortfalls. This reliance on extended payment cycles appears to be a primary driver of the company's negative free cash flow, warranting close scrutiny of customer credit quality.
While the 27% YoY revenue growth is often cited as a primary indicator of success, analysis of the 2025Q2 figures suggests this metric is frequently misapplied to Skycorp Solar, as it obscures the underlying cash burn and the lack of operational leverage inherent in the company's current business model.
Investors should prioritize the cash conversion cycle and operating margin over top-line growth, as these metrics provide a more accurate reflection of the company's ability to survive in a capital-intensive environment. Focusing on revenue alone risks ignoring the potential for 'channel stuffing' or the commoditization of the company's product offerings, which may be driving volume at the expense of long-term shareholder value.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying PN stock.
Skycorp Solar Group Limited's current P/E ratio is -1.7x. This places it at the 50th percentile of its historical range.
Skycorp Solar Group Limited's return on equity (ROE) is -13.1%. The historical average is 4.1%.
Based on historical data, Skycorp Solar Group Limited is trading at a P/E of -1.7x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Skycorp Solar Group Limited has 10.0% gross margin and -4.0% operating margin.