Ming Shing Group Holdings Limited (PMA) Key Metrics
PMA valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $202.1M
- Enterprise value
- $217.4M
- P/E (TTM)
- —
- Forward P/E
- —
- PEG ratio
- —
- Price / sales
- 13.8
- Price / book
- 35.3
- EV / EBITDA
- 24.9
- Dividend yield
- —
- Beta
- —
PMA key metrics, FY2021–FY2026
Fiscal year ended March 31, 2026 · U.S. dollarsPMA returns How much profit the business earns on the capital it uses.
Return on assets−14.5 pts
−59.7%
FY2026 · hover or tap a bar for each year
FY2021FY2026
Free cash flow margin+28.9 pts
5.4%
FY2026 · hover or tap a bar for each year
FY2021FY2026
Asset turnover−43.3%
1.52
FY2026 · hover or tap a bar for each year
FY2021FY2026
PMA financial health Debt, liquidity and how easily interest is covered.
Net debt−$4.5M
$3.0M
FY2026 · hover or tap a bar for each year
FY2021FY2026
Current ratio−34.3%
0.71
FY2026 · hover or tap a bar for each year
FY2021FY2026
Interest coverage
-15.7
FY2026 · hover or tap a bar for each year
FY2021FY2026
Debt / assets+37.6%
0.79
FY2026 · hover or tap a bar for each year
FY2021FY2026
PMA efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+36 days
130 days
FY2026 · hover or tap a bar for each year
FY2021FY2026
Days payables outstanding+16 days
53 days
FY2026 · hover or tap a bar for each year
FY2021FY2026
Cash conversion cycle+20 days
77 days
FY2026 · hover or tap a bar for each year
FY2021FY2026
Capex / revenue0.0 pts
0.0%
FY2026 · hover or tap a bar for each year
FY2021FY2026
PMA returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PMA debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PMA key metrics
FY2021–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| Share price at fiscal year-end | $0.84 | $3.59 | — | — | — | — |
| Returns & profitability | ||||||
| Return on equity (ROE) | — | −578.2% | 336.9% | — | 583.6% | 277.7% |
| Return on invested capital (ROIC) | — | −54.8% | 40.2% | 51.5% | 81.1% | 52.6% |
| Return on assets (ROA) | −59.7% | −45.3% | 23.1% | 40.2% | 45.0% | 52.6% |
| Return on tangible assets | −98.1% | −42.7% | 19.6% | 33.7% | 32.2% | 52.6% |
| Free cash flow margin | 5.4% | −23.5% | 4.8% | 3.6% | −1.1% | 10.3% |
| Income quality (OCF / net income) | — | — | 1.06 | 0.29 | −0.08 | 0.50 |
| Financial health | ||||||
| Total debt | $4.7M | $7.7M | $7.0M | $5.6M | $3.1M | $1.2M |
| Cash & short-term investments | $1.6M | $249,923 | $1.1M | $323,958 | $217,792 | $314,538 |
| Net debt | $3.0M | $7.5M | $6.0M | $5.3M | $2.9M | $894,458 |
| Debt / equity | — | 7.87 | 7.05 | 14.69 | 19.69 | 2.64 |
| Debt / assets | 0.79 | 0.58 | 0.59 | 0.68 | 0.56 | 0.50 |
| Net debt / EBITDA | — | — | 1.77 | 1.51 | 1.30 | 0.60 |
| Current ratio | 0.71 | 1.08 | 1.14 | 1.12 | 1.31 | 1.91 |
| Quick ratio | 0.71 | 1.08 | 1.14 | 1.12 | 1.31 | 1.91 |
| Interest coverage | -15.7 | -10.5 | 11.3 | 14.7 | 28.4 | 8.8 |
| Working capital | −$1.8M | $734,355 | $1.1M | $733,763 | $1.2M | $980,439 |
| Invested capital | −$1.8M | $8.5M | $7.0M | $5.7M | $3.1M | $1.4M |
| Tangible asset value | −$4.8M | $983,979 | $998,262 | $382,890 | $159,757 | $458,312 |
| Net current asset value | −$6.4M | −$2.2M | −$2.0M | −$984,262 | −$254,376 | $94,391 |
| Capital allocation | ||||||
| Capex / revenue | 0.0% | 0.0% | 4.2% | 0.1% | 0.0% | 0.0% |
| Capex / operating cash flow | 0.0% | — | 46.7% | 1.9% | — | 0.0% |
| Capex / depreciation | 0.00 | 0.00 | 10.85 | 0.19 | 0.00 | 0.00 |
| SG&A / revenue | 10.8% | 3.3% | 4.3% | 3.5% | 3.4% | 5.8% |
| Efficiency | ||||||
| Days sales outstanding | 129.5 | 93.3 | 94.8 | 96.3 | 85.0 | 103.2 |
| Days payables outstanding | 52.8 | 37.0 | 41.0 | 36.9 | 35.2 | 31.3 |
| Cash conversion cycle (days) | 76.7 | 56.3 | 53.8 | 59.3 | 49.9 | 71.9 |
| Receivables turnover | 2.82 | 3.91 | 3.85 | 3.79 | 4.29 | 3.54 |
| Payables turnover | 6.91 | 9.86 | 8.90 | 9.88 | 10.38 | 11.66 |
| Asset turnover | 1.52 | 2.67 | 2.73 | 3.15 | 3.59 | 2.54 |
| Average receivables | $5.2M | $8.7M | $7.2M | $5.8M | $3.4M | $1.7M |
| Average payables | $2.5M | $3.6M | $2.5M | $1.9M | $1.1M | $431,788 |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from PMA's annual financial statements (latest annual report filed —) 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.
PMA valuation and financial ratios
It ended the year with $4.7 million of debt and $1.6 million in cash and short-term investments, net debt of $3.0 million.
See the PMA income statement, the PMA chart for price history, or the PMA stock overview for the latest quote and news.
PMA key metrics FAQ
How much debt does Ming Shing have?
Ming Shing had total debt of $4.7 million at the end of fiscal 2026.
What is Ming Shing's current ratio?
Ming Shing's current ratio was 0.71 at the end of fiscal 2026: current assets were 0.71 times current liabilities.