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WYHGWing Yip Food Holdings Group Limited American Depositary Shares
$4.18$53M
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Wing Yip Food Holdings Group Limited American Depositary Shares (WYHG) Financial Ratios

Latest Ratios: P/E Ratio 6.7x · EV/EBITDA -0.2x · ROE 4.8%. (2015–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

WYHG Valuation Multiples

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$53M$28M$289M————————
Enterprise Value$-3910218$-28842688$226M————————
P/E Ratio →6.743.5527.59————————
P/S Ratio0.390.202.00————————
P/B Ratio0.310.161.86————————
P/FCF——121.39————————
P/OCF——23.15————————

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

WYHG EV Ratios

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

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—-0.211.56————————
EV / EBITDA-0.24-1.7411.43————————
EV / EBIT-0.37-2.8415.20————————
EV / FCF——94.90————————

WYHG 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 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin29.2%29.2%31.0%34.2%32.8%36.8%30.3%35.2%41.2%39.6%34.5%
Operating Margin7.8%7.8%10.3%13.9%12.6%14.4%13.3%17.0%29.0%28.6%25.0%
Net Profit Margin5.9%5.9%7.2%8.9%9.7%12.4%10.0%9.2%20.8%20.0%18.9%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE4.8%4.8%13.4%11020.6%19.2%13.1%11.1%10.8%31.0%44.2%64.4%
ROA3.9%3.9%5.6%13.2%15.3%10.5%8.9%8.4%22.2%27.0%36.0%
ROIC7.6%7.6%19.1%114.0%36.1%23.9%30.6%59.5%99.7%90.3%99.1%
ROCE6.2%6.2%9.2%22.9%24.1%14.7%14.3%19.6%42.4%54.0%64.9%

WYHG Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.170.170.16219.300.130.100.090.150.200.340.45
Debt / EBITDA1.741.741.261.040.000.600.570.650.540.620.66
Net Debt / Equity—-0.33-0.40-0.47-0.37-0.48-0.58-0.72-0.77-0.50-0.44
Net Debt / EBITDA-3.41-3.41-3.19-0.00-0.00-2.85-3.62-3.15-2.14-0.92-0.64
Debt / FCF——-26.49-3.83———-12.02-2.74-1.95-1.32
Interest Coverage9.539.5313.9616.00103.78188.8331.6357.77172.71332.5776.72

Net cash position: cash ($85M) exceeds total debt ($29M)

WYHG Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio3.483.483.575.605.183.304.164.473.732.063.54
Quick Ratio3.233.233.305.604.713.093.924.163.631.943.37
Cash Ratio2.232.232.780.004.102.693.393.713.371.582.39
Asset Turnover—0.630.750.74999.100.780.800.880.891.141.46
Inventory Turnover9.729.7211.8117262.8714380.1113.8014.689.9922.6316.8228.59
Days Sales Outstanding—20.4225.260.020.0117.7832.2828.7321.6938.1150.49

WYHG 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 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio—————2.8%3.6%17.9%———

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield14.8%28.2%3.6%————————
FCF Yield——0.8%————————
Buyback Yield0.0%0.0%0.0%————————
Total Shareholder Yield0.0%0.0%0.0%————————
Shares Outstanding—$13M$12M$12M$12M$48M$48M$41M$38M$10M$10M

Key Metrics

Growth RegimeContracting
ProfitabilityStrained
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Input cost volatility exposure

Deep Discount Reflects Stagnant Growth

According to current market data, WYHG trades at a P/E of 5.82 and a P/B of 0.26, suggesting that investors are heavily discounting the company's future earnings potential relative to its historical book value and broader industry peers in the consumer defensive sector.

The low valuation multiples appear to reflect a market skepticism regarding the company's ability to reverse its recent revenue contraction. While the P/E ratio is superficially attractive, it may be misleading if the firm's core business continues to experience margin compression and declining top-line performance.

Capital Efficiency Trends Show Decay

Based on quarterly financial statements, ROIC has experienced a significant decline from 75.1% in 2024Q1 to 1.2% in 2026Q1, indicating that the company is struggling to maintain its historical ability to compound returns on its invested capital base.

This sharp deterioration in capital efficiency suggests that the firm's recent investments or operational shifts are failing to generate adequate economic value. Investors should monitor whether this trend is a temporary byproduct of cyclical input costs or a structural decline in the company's competitive advantage.

Working Capital Management Remains Erratic

As reported in recent filings, the cash conversion cycle has fluctuated from 27 days in 2024Q1 to 19 days in 2026Q1, highlighting significant volatility in inventory management and distributor payment cycles that complicates the company's operational cash flow predictability.

The inconsistency in DSO and DIO metrics suggests that the company may be struggling to balance its inventory levels with the seasonal demand for its cured meat products. Such volatility warrants further investigation into whether the firm is relying on aggressive distributor incentives to move product during slower periods.

Excessive Liquidity Masks Operational Weakness

According to the latest balance sheet, the company maintains a current ratio of 5.62, which is significantly higher than typical industry standards and suggests that a substantial portion of the firm's assets remains tied up in idle cash rather than productive operational use.

While this liquidity position provides a robust buffer against short-term stress, it also indicates a potential inefficiency in capital allocation. The lack of deployment of this cash for growth or shareholder returns may be contributing to the market's low valuation of the company's equity.

P/B Ratio Misrepresents Asset Value

The Price-to-Book ratio is frequently misapplied to this business model, as it obscures the fact that a large portion of the company's book value is comprised of idle cash rather than productive, revenue-generating assets essential for long-term growth.

Investors should instead focus on an adjusted P/B ratio that excludes excess cash, or prioritize EV/EBITDA to better understand the valuation of the core food processing operations. Relying on the standard P/B metric may lead to an overestimation of the company's operational health and intrinsic value.

Download Financial Ratios Data

Includes 30+ ratios · 11 years · Updated daily

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WYHG — Frequently Asked Questions

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

What is Wing Yip Food Holdings Group Limited American Depositary Shares's P/E ratio?

Wing Yip Food Holdings Group Limited American Depositary Shares's current P/E ratio is 6.7x. The historical average is 15.6x. This places it at the 50th percentile of its historical range.

What is Wing Yip Food Holdings Group Limited American Depositary Shares's EV/EBITDA?

Wing Yip Food Holdings Group Limited American Depositary Shares's current EV/EBITDA is -0.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.4x.

What is Wing Yip Food Holdings Group Limited American Depositary Shares's ROE?

Wing Yip Food Holdings Group Limited American Depositary Shares's return on equity (ROE) is 4.8%. The historical average is 28.1%.

Is WYHG stock overvalued?

Based on historical data, Wing Yip Food Holdings Group Limited American Depositary Shares is trading at a P/E of 6.7x. 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 Wing Yip Food Holdings Group Limited American Depositary Shares's profit margins?

Wing Yip Food Holdings Group Limited American Depositary Shares has 29.2% gross margin and 7.8% operating margin.

How much debt does Wing Yip Food Holdings Group Limited American Depositary Shares have?

Wing Yip Food Holdings Group Limited American Depositary Shares's Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.