HWH International Inc. (HWH) Key Metrics
HWH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $20.7M
- Enterprise value
- $16.7M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 53.1 10-yr median 137.1
- Price / book
- 6.6 10-yr median 19.7
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- −0.23
HWH key metrics, FY2020–FY2025
Fiscal year ended November 30, 2025 · U.S. dollarsHWH valuation Price multiples at each fiscal year-end price.
HWH returns How much profit the business earns on the capital it uses.
HWH per-share figures Results divided by the shares outstanding at year-end.
HWH financial health Debt, liquidity and how easily interest is covered.
HWH efficiency & capital use Working capital cycle and where the cash goes.
HWH valuation history
HWH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
HWH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
HWH cash returned to shareholders
HWH price vs earnings per share
HWH key metrics
FY2020–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Market capitalization | $10.3M | $81.7M | $173.6M | $478.8M | — | — |
| Enterprise value | $9.1M | $79.2M | $173.0M | $478.2M | — | — |
| Price / sales | 11.9 | 65.2 | 209.0 | 398.1 | — | — |
| Price / book | 3.9 | 29.6 | 9.9 | 651.5 | — | — |
| EV / sales | 10.5 | 63.2 | 208.4 | 397.5 | — | — |
| Earnings yield | −25.5% | −3.2% | −0.6% | −0.2% | — | — |
| Free cash flow yield | −19.3% | −2.2% | −0.9% | −0.1% | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 25.8% | 39.4% | 0.0% | — | — |
| Share price at fiscal year-end | $1.57 | $4.90 | $53.50 | $49.70 | — | — |
| Per share | ||||||
| Revenue per share | $0.13 | $0.08 | $0.26 | $0.12 | $0.50 | $0.32 |
| Earnings per share | −$0.40 | −$0.16 | −$0.33 | −$0.09 | $0.14 | $0.06 |
| Operating cash flow per share | −$0.30 | −$0.10 | −$0.47 | −$0.05 | $0.07 | $0.13 |
| Free cash flow per share | −$0.30 | −$0.11 | −$0.47 | −$0.05 | $0.06 | $0.13 |
| Cash per share | $0.33 | $0.26 | $0.36 | $0.17 | $0.27 | $0.16 |
| Book value per share | $0.40 | $0.17 | $5.39 | $0.08 | $0.16 | $0.06 |
| Tangible book value per share | $0.40 | $0.17 | $5.39 | $0.08 | $0.16 | $0.06 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 |
| Debt per share | $0.15 | $0.11 | $0.19 | $0.10 | $0.04 | $0.08 |
| Shares outstanding | 6.6M | 16.7M | 3.2M | 9.6M | 9.8M | 9.8M |
| Change in shares outstanding | −60.7% | +414.2% | −66.3% | −1.8% | 0.0% | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | −97.7% | −25.6% | −11.9% | −76.6% | 120.7% | 106.0% |
| Return on invested capital (ROIC) | −299.6% | −18.8% | −22.4% | — | — | — |
| Return on assets (ROA) | −47.9% | −17.2% | −7.9% | −23.4% | 30.7% | 13.5% |
| Return on tangible assets | −57.6% | −40.4% | −4.6% | −24.1% | 33.7% | 13.5% |
| Free cash flow margin | −229.4% | −141.9% | −183.0% | −42.7% | 12.6% | 39.3% |
| Income quality (OCF / net income) | — | — | — | — | 0.50 | 1.97 |
| Financial health | ||||||
| Total debt | $964,965 | $1.8M | $612,067 | $978,633 | $351,222 | $789,372 |
| Cash & short-term investments | $2.2M | $4.3M | $1.2M | $1.7M | $2.7M | $1.6M |
| Net debt | −$1.2M | −$2.6M | −$547,134 | −$672,455 | −$2.3M | −$800,921 |
| Debt / equity | 0.37 | 0.64 | 0.03 | 1.33 | 0.22 | 1.32 |
| Debt / assets | 0.21 | 0.28 | 0.03 | 0.26 | 0.09 | 0.17 |
| Net debt / EBITDA | — | — | — | — | −1.11 | −1.10 |
| Current ratio | 2.32 | 1.65 | 0.22 | 0.85 | 1.50 | 0.89 |
| Quick ratio | 2.32 | 1.65 | 0.22 | 0.84 | 1.48 | 0.86 |
| Interest coverage | -58.8 | -28.4 | — | — | — | — |
| Working capital | $1.7M | $2.2M | −$4.7M | −$362,369 | $1.1M | −$441,709 |
| Invested capital | $1.4M | $206,729 | $16.9M | $62,527 | −$699,925 | −$204,482 |
| Tangible asset value | $2.7M | $2.9M | $17.5M | $730,146 | $1.6M | $596,439 |
| Net current asset value | $1.1M | $1.9M | −$4.9M | −$921,699 | $978,943 | −$441,709 |
| Graham number | — | — | — | — | $0.70 | $0.30 |
| Graham net-net per share | $0.13 | $0.10 | −$1.54 | −$0.13 | $0.04 | −$0.18 |
| Capital allocation | ||||||
| Share buybacks (net) | $0 | $21.1M | $68.4M | $0 | — | — |
| Capex / revenue | 2.2% | 2.4% | 0.0% | 13.9% | 0.8% | 0.3% |
| Capex / operating cash flow | — | — | — | — | 5.9% | 0.7% |
| Capex / depreciation | 0.99 | 0.63 | 0.00 | 0.44 | 0.15 | 0.10 |
| Stock-based compensation / revenue | — | −25.9% | — | — | 25.3% | — |
| SG&A / revenue | 407.4% | 211.1% | 350.3% | 131.6% | 10.3% | 18.6% |
| Efficiency | ||||||
| Days sales outstanding | 396.6 | 171.0 | 17.3 | 1.8 | 34.9 | 108.7 |
| Days of inventory on hand | 1.2 | 1.0 | 19.7 | 22.6 | 11.7 | 23.9 |
| Days payables outstanding | 353.4 | 182.2 | 125.8 | 22.9 | 1.8 | 1.4 |
| Cash conversion cycle (days) | 44.4 | -10.2 | -88.7 | 1.5 | 44.8 | 131.2 |
| Receivables turnover | 0.92 | 2.13 | 21.06 | 207.59 | 10.45 | 3.36 |
| Payables turnover | 1.03 | 2.00 | 2.90 | 15.92 | 201.30 | 267.81 |
| Inventory turnover | 309.54 | 367.06 | 18.55 | 16.12 | 31.19 | 15.29 |
| Asset turnover | 0.16 | 0.08 | 0.06 | 0.32 | 1.14 | 0.67 |
| Average receivables | $941,876 | $587,362 | $39,442 | $5,794 | $470,000 | $937,480 |
| Average payables | $394,229 | $325,392 | $115,354 | $41,212 | $12,958 | $6,847 |
| Average inventory | $1,316 | $1,776 | $18,052 | $40,708 | $83,626 | $119,962 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from HWH's annual financial statements (latest annual report filed March 26, 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.
HWH valuation and financial ratios
HWH International earned a return on equity of −97.7% and a return on invested capital of −299.6% in fiscal 2025. It ended the year with $1.0 million of debt and $2.2 million in cash and short-term investments, a net cash position of $1.2 million. The share count fell 33.2% from 9.8M to 6.6M over 5 years.
See the HWH income statement, the HWH chart for price history, or the HWH stock overview for the latest quote and news.
HWH key metrics FAQ
What is HWH International's return on equity?
HWH International's return on equity (ROE) was −97.7% in fiscal 2025: net income of -$2.6 million on average shareholders' equity of $2.7 million.
What is HWH International's ROIC?
HWH International's return on invested capital was −299.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does HWH International have?
HWH International had total debt of $1.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.37 and more cash than debt.
What is HWH International's free cash flow yield?
HWH International generated -$2.0 million of free cash flow in fiscal 2025, a free cash flow yield of −19.3% on its market value at year-end ($10.3 million).
What is HWH International's current ratio?
HWH International's current ratio was 2.32 at the end of fiscal 2025: current assets were 2.32 times current liabilities.