Latest Ratios: P/E Ratio N/A · EV/EBITDA 2.9x · ROE 48.7%. (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 | $15M | — | — | — | — | — |
| Enterprise Value | $30M | — | — | — | — | — |
| P/E Ratio → | — | — | — | — | — | — |
| P/S Ratio | 0.25 | — | — | — | — | — |
| P/B Ratio | 11.35 | 6.52 | — | — | — | — |
| P/FCF | 2.10 | — | — | — | — | — |
| P/OCF | 0.72 | — | — | — | — | — |
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 | — | — | — | — | — | — |
| EV / EBITDA | 2.90 | — | — | — | — | — |
| EV / EBIT | 5.09 | — | — | — | — | — |
| 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 | 24.4% | 24.4% | 18.2% | 21.7% | 19.8% | 18.7% |
| Operating Margin | 10.2% | 10.2% | 4.8% | 11.3% | 8.4% | 4.4% |
| Net Profit Margin | 7.3% | 7.3% | 3.2% | 9.7% | 6.7% | 3.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 48.7% | 48.7% | 35.7% | 186.6% | 64.4% | 14.6% |
| ROA | 7.5% | 7.5% | 2.8% | 11.5% | 9.0% | 3.3% |
| ROIC | 14.5% | 14.5% | 5.4% | 20.9% | 16.4% | 5.7% |
| ROCE | 36.9% | 36.9% | 18.4% | 57.9% | 37.2% | 12.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 1.86 | 1.86 | 6.05 | 7.56 | 8.26 | 2.45 |
| Debt / EBITDA | 2.29 | 2.29 | 4.75 | 2.66 | 2.91 | 6.33 |
| Net Debt / Equity | — | 1.22 | 5.94 | 7.02 | 6.42 | 1.71 |
| Net Debt / EBITDA | 1.50 | 1.50 | 4.66 | 2.47 | 2.26 | 4.42 |
| Debt / FCF | — | 2.26 | — | — | 4.60 | — |
| Interest Coverage | 9.14 | 9.14 | 3.76 | 10.89 | 13.02 | 5.43 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.87 | 0.87 | 0.70 | 0.75 | 0.65 | 1.00 |
| Quick Ratio | 0.56 | 0.56 | 0.37 | 0.58 | 0.45 | 0.71 |
| Cash Ratio | 0.21 | 0.21 | 0.01 | 0.05 | 0.13 | 0.27 |
| Asset Turnover | — | 0.98 | 0.82 | 1.11 | 1.29 | 1.06 |
| Inventory Turnover | 3.65 | 3.65 | 2.57 | 6.78 | 6.44 | 4.88 |
| Days Sales Outstanding | — | 76.34 | 105.76 | 124.51 | 64.92 | 90.59 |
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 | — | — | — | — | 280.3% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | 47.6% | — | — | — | — | — |
| Buyback Yield | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $0 | $3M | $3M | $3M | $3M |
Geographic and project concentration
Based on reported figures, TLIH trades at a P/S ratio of 0.24 and an EV/EBITDA of 2.83, suggesting that the market is heavily discounting the firm's 30.23% revenue growth by treating it as a generic, low-margin equipment broker rather than a specialized engineering partner.
The current valuation multiples appear to imply a terminal decline scenario that contradicts the company's recent double-digit top-line expansion. Investors should monitor whether this valuation gap persists as the market begins to differentiate TLIH's turnkey service model from pure-play rental competitors.
As reported in financial statements, TLIH maintains a 24.44% gross margin, which indicates that the firm's integrated engineering consultancy services provide a necessary buffer against the inherent volatility of heavy equipment rental and the high fixed costs associated with maintaining a specialized maritime fleet.
The 7.33% net margin suggests that while the company is successfully scaling, administrative and technical labor costs in the Singaporean market exert significant pressure on the bottom line. Further analysis is required to determine if these margins can expand as the company achieves greater operational leverage from its existing infrastructure.
According to recent SEC filings, TLIH's business model is characterized by a high reliance on heavy machinery, which necessitates significant capital investment and likely results in a slower asset turnover ratio compared to service-only peers within the broader industrial infrastructure and maritime support services sector.
The efficiency of the company's fleet utilization is the primary driver of its return on capital, yet the lack of granular working capital data makes it difficult to assess the cash conversion cycle. Investors should investigate whether the current growth phase is leading to an accumulation of unbilled receivables typical of long-term turnkey project contracts.
Based on the company's reported figures, TLIH maintains a debt-to-equity ratio of 1.86%, a structural position that provides a significant competitive advantage in the current high-interest-rate environment by allowing the firm to fund its 30.23% growth organically without the burden of heavy interest expenses.
This minimal leverage profile appears to be a deliberate management strategy to navigate the cyclicality of the Singaporean construction sector. It warrants further investigation into whether this conservative stance limits the company's ability to aggressively capture market share during periods of rapid infrastructure expansion.
As indicated by the company's unique operational profile, the P/B ratio of 10.82 is frequently misapplied by analysts who fail to account for the intangible value of TLIH's engineering consultancy IP, which is not fully captured on the balance sheet but drives the firm's competitive moat.
Using book value as a primary valuation anchor for TLIH obscures the earnings power generated by its turnkey project solutions. Analysts should instead focus on EV/EBITDA or normalized free cash flow metrics to better reflect the company's ability to generate recurring returns from its specialized maritime infrastructure services.
Includes 30+ ratios · 5 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying TLIH stock.
Ten-League International Holdings Limited Ordinary Shares's current EV/EBITDA is 2.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
Ten-League International Holdings Limited Ordinary Shares's return on equity (ROE) is 48.7%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 70.0%.
Based on historical data, Ten-League International Holdings Limited Ordinary Shares is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.
Ten-League International Holdings Limited Ordinary Shares has 24.4% gross margin and 10.2% operating margin. Operating margin between 10-20% is typical for established companies.
Ten-League International Holdings Limited Ordinary Shares's Debt/EBITDA ratio is 2.3x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.