AMTD Digital Inc. (HKD) Key Metrics
HKD valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $528.0M
- Enterprise value
- $804.6M
- P/E (TTM)
- 9.3 10-yr median 9.9
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 3.9 10-yr median 12.6
- Price / book
- 2.0 10-yr median 2.0
- EV / EBITDA
- 6.8 10-yr median 13.2
- Dividend yield
- —
- Beta
- 1.96
HKD key metrics, FY2024–FY2026
Fiscal year ended April 30, 2026 · U.S. dollarsHKD valuation Price multiples at each fiscal year-end price.
HKD returns How much profit the business earns on the capital it uses.
HKD per-share figures Results divided by the shares outstanding at year-end.
HKD financial health Debt, liquidity and how easily interest is covered.
HKD efficiency & capital use Working capital cycle and where the cash goes.
HKD valuation history
HKD returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HKD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HKD price vs earnings per share
HKD key metrics
FY2024–FY2026| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Valuation | |||
| Market capitalization | $521.7M | $524.8M | $630.5M |
| Enterprise value | $792.1M | $772.8M | $554.6M |
| P/E ratio | 9.5 | 11.8 | 9.9 |
| Price / sales | 8.8 | 22.4 | 12.6 |
| Price / book | 2.0 | 28.4 | 1.6 |
| Price / free cash flow | 36.4 | 998.9 | 30.3 |
| Price / operating cash flow | 36.3 | 961.5 | 30.3 |
| EV / sales | 13.4 | 33.0 | 11.1 |
| EV / EBITDA | 6.7 | 13.2 | 17.7 |
| EV / free cash flow | 55.3 | — | 26.7 |
| Earnings yield | 10.5% | 8.5% | 10.1% |
| Free cash flow yield | 2.7% | 0.1% | 3.3% |
| Dividend yield | 0.0% | 0.0% | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% |
| Share price at fiscal year-end | $1.66 | $2.07 | $3.29 |
| Per share | |||
| Revenue per share | $0.19 | $0.09 | $0.26 |
| Earnings per share | $0.17 | $0.18 | $0.33 |
| Operating cash flow per share | $0.05 | $0.00 | $0.11 |
| Free cash flow per share | $0.05 | $0.00 | $0.11 |
| Cash per share | $0.17 | $0.29 | $0.74 |
| Book value per share | $0.85 | $0.07 | $2.02 |
| Tangible book value per share | $0.47 | −$0.40 | $2.02 |
| Dividends per share | $0.00 | $0.00 | — |
| Capex per share | $0.00 | $0.00 | $0.00 |
| Debt per share | $1.03 | $1.27 | $0.34 |
| Shares outstanding | 314.3M | 253.5M | 191.6M |
| Change in shares outstanding | +24.0% | +32.3% | — |
| Returns & profitability | |||
| Return on equity (ROE) | 38.5% | 21.9% | 16.5% |
| Return on invested capital (ROIC) | 2.2% | 4.1% | 11.4% |
| Return on assets (ROA) | 7.5% | 8.5% | 11.9% |
| Return on tangible assets | 6.5% | 11.6% | 11.9% |
| Free cash flow margin | 24.3% | 2.2% | 41.7% |
| Income quality (OCF / net income) | 0.26 | 0.01 | 0.33 |
| Financial health | |||
| Total debt | $324.7M | $321.7M | $65.5M |
| Cash & short-term investments | $54.4M | $73.7M | $141.4M |
| Net debt | $270.4M | $248.0M | −$75.9M |
| Debt / equity | 1.22 | 17.42 | 0.17 |
| Debt / assets | 0.34 | 0.64 | 0.12 |
| Net debt / EBITDA | 2.28 | 4.24 | −2.42 |
| Current ratio | 1.92 | 0.52 | 2.83 |
| Quick ratio | 1.92 | 0.52 | 2.83 |
| Interest coverage | 0.9 | 1.2 | — |
| Working capital | $154.4M | −$78.1M | $291.2M |
| Invested capital | $536.1M | $266.5M | $310.9M |
| Tangible asset value | $484.3M | $39.5M | $377.8M |
| Net current asset value | −$30.3M | −$259.6M | $291.2M |
| Graham number | $1.82 | $0.54 | $3.89 |
| Graham net-net per share | −$0.31 | −$1.04 | $0.81 |
| Capital allocation | |||
| Dividends paid | $0 | $0 | — |
| Share buybacks (net) | — | $0 | $0 |
| Dividend payout ratio | 0.0% | 0.0% | — |
| Dividends + buybacks / free cash flow | 0.0% | 0.0% | 0.0% |
| Capex / revenue | 0.1% | 0.1% | 0.1% |
| Capex / operating cash flow | 0.4% | 3.7% | 0.2% |
| Capex / depreciation | 0.01 | 0.00 | 0.01 |
| Stock-based compensation / revenue | 0.0% | 0.0% | 0.3% |
| SG&A / revenue | 27.8% | 2.5% | 23.6% |
| Efficiency | |||
| Days sales outstanding | 848.4 | 1,867.5 | 1,687.1 |
| Days payables outstanding | 63.7 | 59.9 | 4.1 |
| Cash conversion cycle (days) | 784.7 | 1,807.6 | 1,683.0 |
| Receivables turnover | 0.43 | 0.20 | 0.22 |
| Payables turnover | 5.73 | 6.10 | 89.13 |
| Asset turnover | 0.08 | 0.05 | 0.09 |
| Average receivables | $137.2M | $120.0M | $230.7M |
| Average payables | $3.5M | $829,492 | $68,976 |
| Intangibles / total assets | 12.5% | 23.7% | 0.1% |
Computed from HKD's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
HKD valuation and financial ratios
At the end of fiscal 2026 (April 30, 2026), AMTD Digital traded at 9.5 times earnings, against a 3-year median of 9.9. Based on the latest twelve months, the trailing P/E is 9.3. AMTD Digital earned a return on equity of 38.5% and a return on invested capital of 2.2% in fiscal 2026. It ended the year with $324.7 million of debt and $54.4 million in cash and short-term investments, net debt of $270.4 million.
See the HKD income statement, the HKD chart for price history, or the HKD stock overview for the latest quote and news.
HKD key metrics FAQ
What is AMTD Digital's P/E ratio?
AMTD Digital's trailing P/E ratio is 9.3 based on the last twelve months of earnings (as of October 18, 2026). At the end of fiscal 2026 it was 9.5, compared with a 3-year median of 9.9.
What is AMTD Digital's EV/EBITDA?
AMTD Digital's enterprise value was 6.7 times EBITDA at the end of fiscal 2026 (enterprise value $792.1 million, EBITDA $118.5 million); the current EV/EBITDA is 6.8.
What is AMTD Digital's return on equity?
AMTD Digital's return on equity (ROE) was 38.5% in fiscal 2026: net income of $54.7 million on average shareholders' equity of $142.1 million.
What is AMTD Digital's ROIC?
AMTD Digital's return on invested capital was 2.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does AMTD Digital have?
AMTD Digital had total debt of $324.7 million at the end of fiscal 2026, a debt-to-equity ratio of 1.22 and $270.4 million of net debt (2.28 times EBITDA).
Does AMTD Digital pay a dividend?
AMTD Digital did not pay a dividend in fiscal 2026.
What is AMTD Digital's free cash flow yield?
AMTD Digital generated $14.3 million of free cash flow in fiscal 2026, a free cash flow yield of 2.7% on its market value at year-end ($521.7 million).
What is AMTD Digital's current ratio?
AMTD Digital's current ratio was 1.92 at the end of fiscal 2026: current assets were 1.92 times current liabilities.