Latest Ratios: P/E Ratio N/A · EV/EBITDA N/A · ROE -40.0%. (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 | $8M | — | $15M | — | — | — |
| Enterprise Value | $19M | — | $21M | — | — | — |
| P/E Ratio → | — | — | 34.86 | — | — | — |
| P/S Ratio | 0.60 | — | 1.37 | — | — | — |
| P/B Ratio | 12.20 | 7.17 | 2.11 | — | — | — |
| P/FCF | — | — | — | — | — | — |
| P/OCF | — | — | 4.59 | — | — | — |
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 | — | — | 1.85 | — | — | — |
| EV / EBITDA | — | — | 9.59 | — | — | — |
| EV / EBIT | — | — | 22.27 | — | — | — |
| 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 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 25.1% | 25.1% | 44.5% | 36.3% | 48.4% | 34.9% |
| Operating Margin | -19.2% | -19.2% | 6.2% | 4.3% | 16.1% | 11.0% |
| Net Profit Margin | -22.6% | -22.6% | 3.9% | 2.0% | 15.1% | 11.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | -40.0% | -40.0% | 9.4% | 10.2% | 40.3% | 24.4% |
| ROA | -10.2% | -10.2% | 2.2% | 1.4% | 11.4% | 10.0% |
| ROIC | -11.9% | -11.9% | 5.0% | 4.8% | 16.3% | 10.5% |
| ROCE | -17.2% | -17.2% | 8.5% | 9.9% | 22.3% | 13.8% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 1.64 | 1.64 | 1.15 | 3.23 | 2.49 | 1.15 |
| Debt / EBITDA | — | — | 3.87 | 3.84 | 1.64 | 2.50 |
| Net Debt / Equity | — | 1.54 | 0.74 | 3.06 | 1.70 | 0.75 |
| Net Debt / EBITDA | — | — | 2.50 | 3.64 | 1.12 | 1.63 |
| Debt / FCF | — | — | — | — | 2.15 | 1.47 |
| Interest Coverage | -4.85 | -4.85 | 2.81 | 2.48 | 13.11 | 9.64 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.74 | 0.74 | 0.79 | 0.66 | 0.80 | 1.92 |
| Quick Ratio | 0.74 | 0.74 | 0.78 | 0.66 | 0.80 | 1.89 |
| Cash Ratio | 0.05 | 0.05 | 0.23 | 0.03 | 0.18 | 0.60 |
| Asset Turnover | — | 0.41 | 0.44 | 0.64 | 0.78 | 0.91 |
| Inventory Turnover | 215.44 | 215.44 | 145.79 | 135.24 | 81.41 | 81.72 |
| Days Sales Outstanding | — | 261.78 | 240.36 | 260.20 | 187.49 | 141.38 |
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 | — | — | 2.9% | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | — | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | — | 0.0% | — | — | — |
| Shares Outstanding | — | $0 | $2M | $2M | $2M | $2M |
Liquidity and operational scale
Based on reported figures, SKK trades at a price-to-sales ratio of 0.62, which suggests that the market is heavily discounting the company's growth potential due to its persistent operating losses and the inherent risks associated with its concentrated Singaporean utility infrastructure project model.
The current P/S multiple indicates that investors are pricing the firm as a distressed asset rather than a growth-oriented engineering player. This valuation appears to reflect skepticism regarding management's ability to achieve the necessary scale to turn gross margin performance into bottom-line profitability.
As reported in financial statements, SKK maintains a 25.13% gross margin, yet this project-level efficiency is entirely negated by an operating margin of -19.18%, indicating that the company's current corporate cost structure is disproportionately large relative to its $12.9 million revenue base.
The significant gap between gross and operating margins suggests that the company is struggling with fixed-cost absorption rather than poor project execution. Investors should monitor whether future revenue growth can effectively dilute these administrative expenses or if the current cost base is structurally misaligned with the business model.
According to recent financial disclosures, SKK holds only $732,000 in cash, a precarious position that leaves the company with minimal buffer to manage the working capital requirements of its project-based utility contracts or to fund necessary performance bonds for future tender opportunities.
This liquidity profile appears highly vulnerable, particularly given the company's reliance on percentage-of-completion accounting which often delays cash conversion. The lack of a robust cash position may force management to seek external financing, potentially diluting shareholders if operational losses continue to persist.
Based on the reported debt-to-equity ratio of 1.64%, SKK maintains a relatively conservative leverage profile, which may provide a temporary safety net while the company navigates its current period of negative net margins and high fixed-cost absorption within the Singaporean market.
While the low debt load is a positive indicator of financial discipline, it also suggests that the company has limited capacity to leverage its balance sheet to accelerate growth. The firm's survival appears more dependent on operational turnaround than on financial engineering or debt-fueled expansion.
The most commonly misapplied metric for SKK is the top-line revenue growth rate, which obscures the underlying reality that the company is currently burning cash to fund its expansion, making the 14.58% growth figure a potentially misleading indicator of long-term business health.
Analysts should prioritize the 'order book replenishment-to-burn ratio' and 'operating cash flow' over simple revenue growth. Focusing on top-line expansion ignores the critical need for the company to achieve a scale that allows for the absorption of its high fixed costs and regulatory compliance expenses.
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 SKK stock.
SKK Holdings Limited's return on equity (ROE) is -40.0%. The historical average is 8.9%.
Based on historical data, SKK Holdings Limited is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
SKK Holdings Limited has 25.1% gross margin and -19.2% operating margin.