Latest Ratios: P/E Ratio -2.0x · EV/EBITDA N/A · ROE -15.1%. (2015–2025 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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $8M | $12M | $18M | $22M | $25M | $61M | $20M | $20M | $40M | $95M | — |
| Enterprise Value | $28M | $32M | $31M | $39M | $38M | $72M | $34M | $33M | $52M | $105M | — |
| P/E Ratio → | -2.03 | — | — | — | — | — | — | 2.51 | 5.76 | 16.21 | — |
| P/S Ratio | 0.11 | 0.18 | 0.16 | 0.20 | 0.24 | 0.61 | 0.23 | 0.32 | 0.74 | 2.12 | — |
| P/B Ratio | 0.33 | 0.51 | 0.62 | 0.88 | 0.29 | 0.68 | 0.44 | 0.46 | 1.08 | 4.46 | — |
| P/FCF | 42.04 | 65.13 | — | — | — | — | — | 2.80 | — | 96.10 | — |
| P/OCF | 10.33 | 16.01 | — | — | — | — | 32.36 | 2.50 | — | 83.10 | — |
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.45 | 0.28 | 0.35 | 0.37 | 0.72 | 0.40 | 0.52 | 0.95 | 2.34 | — |
| EV / EBITDA | — | — | — | — | — | — | — | 3.71 | 5.19 | 12.36 | — |
| EV / EBIT | — | — | — | — | — | — | — | 3.87 | 5.41 | 13.03 | — |
| EV / FCF | — | 168.18 | — | — | — | — | — | 4.60 | — | 106.25 | — |
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 5.7% | 5.7% | 6.1% | 1.2% | 7.4% | 6.5% | 4.5% | 24.5% | 33.3% | 29.2% | 31.2% |
| Operating Margin | -3.5% | -3.5% | -1.6% | -54.2% | -3.9% | -3.7% | -2.2% | 13.5% | 17.5% | 18.0% | 20.7% |
| Net Profit Margin | -5.6% | -5.6% | -2.6% | -54.7% | -5.9% | -3.8% | -1.0% | 12.7% | 12.8% | 13.1% | 14.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -15.1% | -15.1% | -10.4% | -110.7% | -7.0% | -5.7% | -1.9% | 20.0% | 23.9% | 38.0% | 73.7% |
| ROA | -5.6% | -5.6% | -4.0% | -65.1% | -4.6% | -3.5% | -1.0% | 10.5% | 10.2% | 11.0% | 12.8% |
| ROIC | -4.4% | -4.4% | -3.1% | -64.7% | -3.0% | -3.4% | -2.4% | 12.3% | 18.0% | 18.2% | 17.2% |
| ROCE | -8.2% | -8.2% | -5.4% | -101.7% | -4.6% | -5.4% | -4.2% | 21.3% | 32.8% | 52.2% | 106.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.96 | 0.96 | 0.60 | 0.87 | 0.24 | 0.28 | 0.40 | 0.38 | 0.52 | 1.00 | 2.68 |
| Debt / EBITDA | — | — | — | — | — | — | — | 1.83 | 1.92 | 2.50 | 3.18 |
| Net Debt / Equity | — | 0.80 | 0.46 | 0.67 | 0.15 | 0.12 | 0.32 | 0.30 | 0.31 | 0.47 | 2.67 |
| Net Debt / EBITDA | — | — | — | — | — | — | — | 1.45 | 1.16 | 1.18 | 3.17 |
| Debt / FCF | — | 103.05 | — | — | — | — | — | 1.80 | — | 10.15 | — |
| Interest Coverage | -11.16 | -11.16 | -0.91 | -4.57 | -0.35 | -3.05 | -1.88 | 7.51 | 7.76 | 6.49 | 5.37 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.44 | 1.44 | 1.26 | 1.74 | 1.52 | 1.77 | 1.58 | 1.70 | 1.64 | 1.37 | 1.08 |
| Quick Ratio | 1.02 | 1.02 | 0.99 | 1.02 | 1.04 | 1.30 | 1.05 | 1.10 | 1.19 | 1.12 | 0.90 |
| Cash Ratio | 0.12 | 0.12 | 0.08 | 0.20 | 0.19 | 0.36 | 0.10 | 0.11 | 0.22 | 0.28 | 0.00 |
| Asset Turnover | — | 1.13 | 1.35 | 1.90 | 0.79 | 0.74 | 1.00 | 0.81 | 0.72 | 0.73 | 0.81 |
| Inventory Turnover | 5.14 | 5.14 | 7.51 | 6.15 | 4.48 | 4.49 | 3.82 | 2.32 | 2.06 | 3.17 | 3.93 |
| Days Sales Outstanding | — | 120.03 | 92.45 | 50.39 | 109.70 | 107.52 | 146.98 | 157.00 | 200.81 | 186.68 | 253.45 |
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 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | 39.8% | 17.4% | 6.2% | — |
| FCF Yield | 2.4% | 1.5% | — | — | — | — | — | 35.7% | — | 1.0% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Shares Outstanding | — | $6M | $5M | $4M | $4M | $3M | $2M | $2M | $2M | $2M | $2M |
Liquidity and demand contraction
Based on reported figures, ZKIN trades at a price-to-sales multiple of 0.11, which, according to recent financial data, suggests the market is pricing the company as a distressed asset rather than a growth-oriented industrial player amidst its ongoing revenue contraction and persistent net losses.
The lack of a meaningful P/E ratio and the depressed P/B of 0.32 indicate that investors are heavily discounting the company's book value, likely due to concerns regarding asset quality and the viability of its core business model. This valuation level implies that the market expects further erosion of the equity base rather than a near-term recovery in earnings power.
As reported in financial statements, ZKIN's ROIC has trended into negative territory, reaching -3.1% in 2025Q4, which indicates that the company is currently destroying shareholder value rather than compounding it through its investments in stainless steel infrastructure technology and manufacturing capacity.
The consistent inability to generate positive returns on invested capital suggests that the company's technical niche in press-fitting systems is insufficient to overcome the high fixed-cost burden and competitive pricing pressures. Investors should monitor whether management can pivot toward higher-margin engineering services, as the current trajectory shows a fundamental failure to achieve efficient capital utilization.
According to the company's quarterly data, the cash conversion cycle has expanded to 116 days in 2025Q4, a significant increase from 65 days in 2024Q4, which suggests that ZKIN is facing mounting difficulties in collecting receivables from its municipal and construction-sector customers.
The lengthening DSO and DIO metrics reveal a deteriorating ability to manage working capital, effectively trapping cash in inventory and uncollected invoices. This inefficiency exacerbates the company's liquidity constraints, as the business requires increasingly longer periods to convert its industrial output into the cash necessary to fund ongoing operations.
Based on reported figures, ZKIN's debt-to-equity ratio has climbed to 0.96 in 2025Q4, which, as noted in recent filings, indicates an increasing reliance on external financing to sustain operations as the company's internal equity base continues to shrink due to persistent net losses.
The negative interest coverage ratio of -104.17 highlights a precarious situation where the company is unable to service its debt obligations through operating income. This trend warrants further investigation into the company's refinancing risk, as the current debt load appears unsustainable without a significant and immediate improvement in operational cash flow.
Investors frequently misapply the price-to-sales ratio to ZKIN, which obscures the company's underlying liquidity crisis and negative operating margins, as reported in recent financial filings, by failing to account for the high cost of revenue and the significant working capital requirements of project-based infrastructure sales.
Relying on revenue multiples is misleading for this business model because it ignores the company's inability to convert sales into cash, as evidenced by the erratic FCF margins. A more appropriate metric would be a liquidity-adjusted valuation or a focus on the cash-to-debt ratio, which better captures the immediate solvency risks facing the firm.
Includes 30+ ratios · 11 years · Updated daily
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Quick answers to the most common questions about buying ZKIN stock.
ZK International Group Co., Ltd.'s current P/E ratio is -2.0x. The historical average is 8.2x.
ZK International Group Co., Ltd.'s return on equity (ROE) is -15.1%. The historical average is 10.2%.
Based on historical data, ZK International Group Co., Ltd. is trading at a P/E of -2.0x. Compare with industry peers and growth rates for a complete picture.
ZK International Group Co., Ltd. has 5.7% gross margin and -3.5% operating margin.