Phoenix Asia Holdings Limited (PHOE) Key Metrics
PHOE valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $382.6M
- Enterprise value
- $427.1M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 53.1
- Price / book
- 69.5
- EV / EBITDA
- —
- Dividend yield
- —
- Beta
- —
PHOE key metrics, FY2023–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsPHOE returns How much profit the business earns on the capital it uses.
PHOE per-share figures Results divided by the shares outstanding at year-end.
PHOE financial health Debt, liquidity and how easily interest is covered.
PHOE efficiency & capital use Working capital cycle and where the cash goes.
PHOE valuation history
PHOE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PHOE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PHOE price vs earnings per share
PHOE key metrics
FY2023–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Valuation | ||||
| Market capitalization | $321.4M | — | — | — |
| Enterprise value | $321.3M | — | — | — |
| Price / sales | 348.1 | — | — | — |
| Price / book | 409.2 | — | — | — |
| EV / sales | 348.0 | — | — | — |
| Earnings yield | −0.0% | — | — | — |
| Free cash flow yield | −0.2% | — | — | — |
| Share price at fiscal year-end | $14.88 | — | — | — |
| Per share | ||||
| Revenue per share | $0.04 | $0.34 | $0.27 | $0.10 |
| Earnings per share | −$0.01 | $0.05 | $0.05 | $0.02 |
| Operating cash flow per share | −$0.03 | $0.05 | $0.03 | −$0.00 |
| Free cash flow per share | −$0.03 | $0.05 | $0.03 | −$0.00 |
| Cash per share | $0.01 | $0.11 | $0.04 | $0.02 |
| Book value per share | $0.04 | $0.14 | $0.08 | $0.03 |
| Tangible book value per share | $0.04 | $0.14 | $0.08 | $0.03 |
| Capex per share | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares outstanding | 21.6M | 21.6M | 21.6M | 21.6M |
| Change in shares outstanding | 0.0% | 0.0% | 0.0% | — |
| Returns & profitability | ||||
| Return on equity (ROE) | −7.9% | 42.6% | 89.5% | 53.8% |
| Return on invested capital (ROIC) | −17.0% | 126.2% | 173.0% | 97.7% |
| Return on assets (ROA) | −4.9% | 22.6% | 39.9% | 22.0% |
| Return on tangible assets | −16.5% | 19.1% | 28.5% | 22.0% |
| Free cash flow margin | −79.5% | 15.5% | 9.4% | −3.6% |
| Income quality (OCF / net income) | — | 1.15 | 0.51 | −0.16 |
| Financial health | ||||
| Total debt | $8,328 | $25,054 | $51,174 | $71,240 |
| Cash & short-term investments | $113,839 | $2.4M | $890,578 | $377,746 |
| Net debt | −$105,511 | −$2.4M | −$839,404 | −$306,506 |
| Debt / equity | 0.01 | 0.01 | 0.03 | 0.11 |
| Debt / assets | 0.01 | 0.00 | 0.01 | 0.04 |
| Net debt / EBITDA | — | −1.74 | −0.66 | −0.70 |
| Current ratio | 5.46 | 2.24 | 1.76 | 1.63 |
| Quick ratio | 5.46 | 2.24 | 1.76 | 1.63 |
| Interest coverage | -487.7 | — | — | 331.4 |
| Working capital | $635,285 | $2.8M | $1.5M | $538,234 |
| Invested capital | $679,998 | $758,818 | $869,143 | $345,458 |
| Tangible asset value | $785,509 | $3.1M | $1.7M | $651,964 |
| Net current asset value | $629,114 | $2.8M | $1.5M | $444,995 |
| Graham number | — | $0.39 | $0.30 | $0.11 |
| Graham net-net per share | $0.02 | $0.06 | $0.04 | $0.01 |
| Capital allocation | ||||
| Capex / revenue | 0.0% | 0.6% | 0.0% | 1.0% |
| Capex / operating cash flow | — | 3.5% | 0.0% | — |
| Capex / depreciation | 0.00 | 0.76 | 0.00 | 0.52 |
| SG&A / revenue | 166.7% | 11.9% | 4.4% | 8.5% |
| Efficiency | ||||
| Days sales outstanding | 456.4 | 105.6 | 113.3 | 164.9 |
| Days payables outstanding | 294.8 | 99.2 | 77.8 | 76.5 |
| Cash conversion cycle (days) | 161.6 | 6.4 | 35.5 | 88.4 |
| Receivables turnover | 0.80 | 3.46 | 3.22 | 2.21 |
| Payables turnover | 1.24 | 3.68 | 4.69 | 4.77 |
| Asset turnover | 0.29 | 1.62 | 2.17 | 1.39 |
| Average receivables | $1.2M | $2.1M | $1.8M | $1.0M |
| Average payables | $711,638 | $1.4M | $910,790 | $348,645 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from PHOE's annual financial statements (latest annual report filed August 14, 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.
PHOE valuation and financial ratios
Phoenix Asia earned a return on equity of −7.9% and a return on invested capital of −17.0% in fiscal 2026. It ended the year with $0.0 million of debt and $0.1 million in cash and short-term investments, a net cash position of $0.1 million.
See the PHOE income statement, the PHOE chart for price history, or the PHOE stock overview for the latest quote and news.
PHOE key metrics FAQ
What is Phoenix Asia's return on equity?
Phoenix Asia's return on equity (ROE) was −7.9% in fiscal 2026: net income of -$0.2 million on average shareholders' equity of $1.9 million.
What is Phoenix Asia's ROIC?
Phoenix Asia's return on invested capital was −17.0% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Phoenix Asia have?
Phoenix Asia had total debt of $0.0 million at the end of fiscal 2026, a debt-to-equity ratio of 0.01 and more cash than debt.
What is Phoenix Asia's free cash flow yield?
Phoenix Asia generated -$0.7 million of free cash flow in fiscal 2026, a free cash flow yield of −0.2% on its market value at year-end ($321.4 million).
What is Phoenix Asia's current ratio?
Phoenix Asia's current ratio was 5.46 at the end of fiscal 2026: current assets were 5.46 times current liabilities.